This report was recently updated on November 15 2024 with the latest and most recent
market numbers
Global Horticulture Lighting Market Size, Trends & Analysis - Forecasts to 2028 By Offering (Hardware and Software & Services), By Cultivation Type (Fruits & Vegetables, Floriculture, and Cannabis), By Technology (Fluorescent, High-intensity Discharge, Light-emitting Diode, and Others), By Application (Greenhouse, Vertical Farms, Indoor Farms, and Others), and By Region (North America, Asia Pacific Central and South America, Europe, and Middle East and Africa), Competitive Landscape, Company Market Share Analysis, and End User Analysis
The global horticulture lighting market is projected to grow at a CAGR of 22.6% from 2023 to 2028.
The expanding horticulture lighting applications beyond traditional greenhouse farming to include vertical farming, urban agriculture, and research applications contribute to market growth. The increasing use of grow lights for plants and indoor plant growth lights, driven by the need for year-round crop production, is a significant growth factor. Horticulture lighting enables optimal plant growth in controlled environments.
Moreover, global population growth is increasing the demand for food, driving the need for efficient and year-round cultivation methods. Horticulture lighting supports enhanced crop yields and accelerated growth cycles. The rising urbanization and the scarcity of land for cultivation have led to a growing emphasis on vertical farming lights and other space-efficient cultivation methods. Horticulture lighting becomes crucial in such setups where natural sunlight may be limited.
Research and technological innovations in horticulture lighting and grow light technology, including developing specific light spectrums for different crops, contribute to improved efficiency and effectiveness. The emphasis on energy-efficient lighting solutions and the integration of smart technologies, such as smart horticulture lighting for precise control, helps reduce energy consumption in horticultural lighting systems.
One significant restraint in the global horticulture lighting market is the high initial capital investment required for the integration and customization of lighting systems. This can be a financial barrier from adopting horticulture lighting technologies, particularly for small-scale operations, which can impact the overall market growth and adoption rates.
Greenhouse segment is expected to hold the largest share of the market. This is primarily due to the increasing adoption of greenhouse lighting solutions. The surge in demand for food, driven by the expanding global population, is a key factor propelling the segment growth. The Food and Agriculture Organization of the United Nations Report highlights that in 2021, global cereals production exceeded 927 million tons, reflecting a notable 5% increase from 2020.
Vertical farming segment is expected to be the fastest-growing segment in the market from 2023-2028. This is driven by various factors such as climate change, increasing demand for food, substantial funding, and the rising global population. After the 2011 tsunami in Japan, a collaborative initiative involving the Japanese government, Mirai Co., Ltd., and General Electric used a former Sony semiconductor factory into the largest indoor farm globally.
Light- emitting diode (LED) is anticipated to be the fastest-growing segment in the market from 2023-2028. Horticultural LED lighting is extensively used in cultivating various crops like tomatoes, herbs, greens, and cucumbers. Many companies in the market are entering with innovative offerings in horticulture lighting. For instance, in January 2023, Polymatech introduced an advanced horticulture LED grow lamp. The release of these new horticulture LED products encompasses monochromatic LEDs as well as complete spectrum packages and modules under the brand RavayeTM. These novel products' primary emphasis is elevating performance in vertical farming, greenhouse applications, and horticulture lighting.
High intensity discharge segment is expected to hold the largest share of the market. The growth is attributed to the increasing adoption of this technology for commercial cultivation or farming, including greenhouse and vertical farms.
The cannabis segment is anticipated to be the fastest-growing segment in the market from 2023-2028. This growth is attributed to the increasing cultivation of Cannabis sativa, valued for its secondary metabolites and cannabinoids with applications in pharmaceutical, medical, and recreational domains. The growing recognition of cannabis for its therapeutic properties contributes to the segment's rapid expansion.
The fruits & vegetables segment is expected to hold the largest share of the market over the forecast period. The growth is attributed to the increasing demand for fruits and vegetables globally, which has resulted in rising production of vegetables. For instance, according to the U.S. Department of Agriculture, in 2020, the per capita availability of vegetables for consumption in the United States stood at 382.5 pounds, slightly below the 20-year average of 389.8 pounds. However, this marked an increase from the 2019 figure of 371.6 pounds.
The software & services segment is anticipated to be the fastest-growing segment in the market from 2023-2028. The segment growth is owing to the rising adoption of Controlled-Environment Agriculture (CEA), where software is instrumental in managing diverse environmental factors. Worldwide, there is an increasing trend in adopting Controlled Environment Agriculture (CEA), encompassing greenhouse and indoor farming. Horticulture lighting is pivotal in supplying artificial light, mirroring natural sunlight to enhance plant growth. With the expansion of CEA practices to fulfil the increasing year-round produce demand and urban farming needs, there is an anticipated surge in the demand for horticulture lighting solutions.
The hardware segment is anticipated to hold the largest share of the market. Hardware is essential for implementing horticulture lighting. This category encompasses lighting fixtures, bulbs, and related infrastructure crucial for illuminating plants, given its essential role in the practical application of horticulture lighting.
North America is expected to be the dominant region in the global market. The primary reasons boosting regional market growth include increasing agricultural practices like indoor farming and greenhouse cultivation. For instance, AppHarvest, a U.S.-based food production company developing and operating indoor farms in the Appalachia region, utilizes controlled environment agriculture (CEA) to enhance efficiency and promote pesticide-free cultivation, thereby expanding the region's horticulture lighting market.
Asia Pacific is predicted to witness rapid growth during the forecast period. The growth in the region is driven by increasing food demand in densely populated countries such as China and India. Governments in nations such as China, Japan, and South Korea are proactively endorsing sustainable agricultural lighting methods and investing in cutting-edge technologies like horticulture lighting to address the rising need for domestically sourced food. Given the region's substantial population and a growing emphasis on ensuring food security and self-sufficiency, the Asia Pacific market offers significant prospects for manufacturers and suppliers of horticulture lighting.
Signify Holding, Gavita International B.V., Heliospectra, ams-OSRAM International GmbH, California LightWorks, Valoya, Hortilux Schréder, ILUMINAR Lighting, Current Lighting Solutions, LLC., and GE Lighting, among others, are some of the key players operating in the global horticulture lighting market.
Please note: This is not an exhaustive list of companies profiled in the report.
In June 2023, ams OSRAM, a global optical solutions leader, introduced the fifth generation of its OSLON Square Hyper Red horticulture LED, boasting a market-leading wall plug efficiency of 78.8%. This innovation features robust in-house chip technology, ensuring an exceptionally long Q90 lifetime of 102,000 hours.
In June 2023, ams OSRAM, announced the expansion of its OSLON Optimal product line of horticultural lighting LEDs with the introduction of a new 640 nm Red LED. This addition includes the 660 nm Hyper Red and 730 nm Far Red LEDs, a 450 nm Deep Blue LED, and a horti white LED, offering indoor farmers a broader spectrum for faster and healthier plant growth.
1 STRATEGIC INSIGHTS ON NEW REVENUE POCKETS
1.1 Strategic Opportunity & Attractiveness Analysis
1.1.1 Hot Revenue Pockets
1.1.2 Market Attractiveness Score
1.1.3 Revenue Impacting Opportunity
1.1.4 High Growing Region/Country
1.1.5 Competitor Analysis
1.1.6 Consumer Analysis
1.2 Global Market Estimates' View
1.3 Strategic Insights across Business Functions
1.3.1 For Chief Executive Officers
1.3.2 For Chief Marketing Officers
1.3.3 For Chief Strategy Officers
1.4 Evaluate the Potential of your Existing Business Lines vs. New Lines to Enter Into
2 TECHNOLOGICAL TRENDS
2.1 Technological Adoption Rate
2.2 Current Trend Impact Analysis
2.3 Future Trend Impact Analysis
3 GLOBAL MARKET OUTLOOK
3.1 Market Pyramid Analysis
3.1.1 Introduction
3.1.2 Adjacent Market Opportunities
3.1.3 Ancillary Market Opportunities
3.2 Demand Side Analysis
3.2.1 Market Drivers: Impact Analysis
3.2.2 Market Restraints: Impact Analysis
3.2.3 Market Opportunities: Impact Analysis
3.2.4 Market Challenges: Impact Analysis
3.3 Supply Side Analysis
3.3.1 Porter’s Five Forces Analysis
3.3.1.1 Threat of New Entrants
3.3.1.2 Threat of New Substitutes
3.3.1.3 Bargaining Power of Suppliers
3.3.1.4 Bargaining Power of Buyers
3.3.1.5 Intensity of Competitive Rivalry
3.3.2 SWOT Analysis; By Factor (Political & Legal, Economic, and Technological)
3.3.2.1 Political Landscape
3.3.2.2 Economic Landscape
3.3.2.3 Social Landscape
3.3.2.4 Technology Landscape
3.3.3 Value Chain Analysis
3.3.4 Trend Analysis
3.3.5 Gap Analysis
3.3.6 Cost Analysis
4 GLOBAL HORTICULTURE LIGHTING MARKET, BY APPLICATION
4.1 Introduction
4.2 Horticulture Lighting Market: Application Scope Key Takeaways
4.3 Revenue Growth Analysis, 2022 & 2028
4.4 Greenhouses
4.4.1 Greenhouses Market Estimates and Forecast, 2020-2028 (USD Million)
4.5 Vertical Farms
4.5.1 Vertical Farms Market Estimates and Forecast, 2020-2028 (USD Million)
4.6 Indoor Farms
4.6.1 Indoor Farms Market Estimates and Forecast, 2020-2028 (USD Million)
4.7 Others
4.7.1 Others Market Estimates and Forecast, 2020-2028 (USD Million)
5 GLOBAL HORTICULTURE LIGHTING MARKET, BY TECHNOLOGY
5.1 Introduction
5.2 Horticulture Lighting Market: Technology Scope Key Takeaways
5.3 Revenue Growth Analysis, 2022 & 2028
5.4 Fluorescent
5.4.1 Fluorescent Market Estimates and Forecast, 2020-2028 (USD Million)
5.5 High-intensity Discharge (HID)
5.5.1 High-intensity Discharge (HID) Market Estimates and Forecast, 2020-2028 (USD Million)
5.6 Light-emitting Diode
5.6.1 Light-emitting Diode Market Estimates and Forecast, 2020-2028 (USD Million)
5.7 Others
5.7.1 Others Market Estimates and Forecast, 2020-2028 (USD Million)
6 GLOBAL HORTICULTURE LIGHTING MARKET, BY CULTIVATION TYPE
6.1 Introduction
6.2 Horticulture Lighting Market: Cultivation Type Scope Key Takeaways
6.3 Revenue Growth Analysis, 2022 & 2028
6.4 Fruits & Vegetables
6.4.1 Fruits & Vegetables Market Estimates and Forecast, 2020-2028 (USD Million)
6.5 Floriculture
6.5.1 Floriculture Market Estimates and Forecast, 2020-2028 (USD Million)
6.6 Cannabis
6.6.1 Cannabis Market Estimates and Forecast, 2020-2028 (USD Million)
7 GLOBAL HORTICULTURE LIGHTING MARKET, BY OFFERING
7.1 Introduction
7.2 Horticulture Lighting Market: Offering Scope Key Takeaways
7.3 Revenue Growth Analysis, 2022 & 2028
7.4 Hardware
7.4.1 Hardware Market Estimates and Forecast, 2020-2028 (USD Million)
7.5 Software & Services
7.5.1 Software & Services Market Estimates and Forecast, 2020-2028 (USD Million)
8 GLOBAL HORTICULTURE LIGHTING MARKET, BY REGION
8.1 Introduction
8.2 North America Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.2.1 By Application
8.2.2 By Technology
8.2.3 By Cultivation Type
8.2.4 By Offering
8.2.5 By Country
8.2.5.1 U.S. Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.2.5.1.1 By Application
8.2.5.1.2 By Technology
8.2.5.1.3 By Cultivation Type
8.2.5.1.4 By Offering
8.2.5.2 Canada Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.2.5.2.1 By Application
8.2.5.2.2 By Technology
8.2.5.2.3 By Cultivation Type
8.2.5.2.4 By Offering
8.2.5.3 Mexico Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.2.5.3.1 By Application
8.2.5.3.2 By Technology
8.2.5.3.3 By Cultivation Type
8.2.5.3.4 By Offering
8.3 Europe Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.3.1 By Application
8.3.2 By Technology
8.3.3 By Cultivation Type
8.3.4 By Offering
8.3.5 By Country
8.3.5.1 Germany Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.3.5.1.1 By Application
8.3.5.1.2 By Technology
8.3.5.1.3 By Cultivation Type
8.3.5.1.4 By Offering
8.3.5.2 U.K. Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.3.5.2.1 By Application
8.3.5.2.2 By Technology
8.3.5.2.3 By Cultivation Type
8.3.5.2.4 By Offering
8.3.5.3 France Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.3.5.3.1 By Application
8.3.5.3.2 By Technology
8.3.5.3.3 By Cultivation Type
8.3.5.3.4 By Offering
8.3.5.4 Italy Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.3.5.4.1 By Application
8.3.5.4.2 By Technology
8.3.5.4.3 By Cultivation Type
8.3.5.4.4 By Offering
8.3.5.5 Spain Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.3.5.5.1 By Application
8.3.5.5.2 By Technology
8.3.5.5.3 By Cultivation Type
8.3.5.5.4 By Offering
8.3.5.6 Netherlands Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.3.5.6.1 By Application
8.3.5.6.2 By Technology
8.3.5.6.3 By Cultivation Type
8.3.5.6.4 By Offering
8.3.5.7 Rest of Europe Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.3.5.7.1 By Application
8.3.5.7.2 By Technology
8.3.5.7.3 By Cultivation Type
8.3.5.7.4 By Offering
8.4 Asia Pacific Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.4.1 By Application
8.4.2 By Technology
8.4.3 By Cultivation Type
8.4.4 By Offering
8.4.5 By Country
8.4.5.1 China Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.4.5.1.1 By Application
8.4.5.1.2 By Technology
8.4.5.1.3 By Cultivation Type
8.4.5.1.4 By Offering
8.4.5.2 Japan Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.4.5.2.1 By Application
8.4.5.2.2 By Technology
8.4.5.2.3 By Cultivation Type
8.4.5.2.4 By Offering
8.4.5.3 India Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.4.5.3.1 By Application
8.4.5.3.2 By Technology
8.4.5.3.3 By Cultivation Type
8.4.5.3.4 By Offering
8.4.5.4 South Korea Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.4.5.4.1 By Application
8.4.5.4.2 By Technology
8.4.5.4.3 By Cultivation Type
8.4.5.4.4 By Offering
8.4.5.5 Singapore Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.4.5.5.1 By Application
8.4.5.5.2 By Technology
8.4.5.5.3 By Cultivation Type
8.4.5.5.4 By Offering
8.4.5.6 Malaysia Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.4.5.6.1 By Application
8.4.5.6.2 By Technology
8.4.5.6.3 By Cultivation Type
8.4.5.6.4 By Offering
8.4.5.7 Thailand Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.4.5.7.1 By Application
8.4.5.7.2 By Technology
8.4.5.7.3 By Cultivation Type
8.4.5.7.4 By Offering
8.4.5.8 Indonesia Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.4.5.8.1 By Application
8.4.5.8.2 By Technology
8.4.5.8.3 By Cultivation Type
8.4.5.8.4 By Offering
8.4.5.9 Vietnam Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.4.5.9.1 By Application
8.4.5.9.2 By Technology
8.4.5.9.3 By Cultivation Type
8.4.5.9.4 By Offering
8.4.5.10 Taiwan Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.4.5.10.1 By Application
8.4.5.10.2 By Technology
8.4.5.10.3 By Cultivation Type
8.4.5.10.4 By Offering
8.4.5.11 Rest of Asia Pacific Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.4.5.11.1 By Application
8.4.5.11.2 By Technology
8.4.5.11.3 By Cultivation Type
8.4.5.11.4 By Offering
8.5 Middle East and Africa Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.5.1 By Application
8.5.2 By Technology
8.5.3 By Cultivation Type
8.5.4 By Offering
8.5.5 By Country
8.5.5.1 Saudi Arabia Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.5.5.1.1 By Application
8.5.5.1.2 By Technology
8.5.5.1.3 By Cultivation Type
8.5.5.1.4 By Offering
8.5.5.2 U.A.E. Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.5.5.2.1 By Application
8.5.5.2.2 By Technology
8.5.5.2.3 By Cultivation Type
8.5.5.2.4 By Offering
8.5.5.3 Israel Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.5.4.3.1 By Application
8.5.4.3.2 By Technology
8.5.4.3.3 By Cultivation Type
8.5.5.3.4 By Offering
8.5.5.4 South Africa Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.5.5.4.1 By Application
8.5.5.4.2 By Technology
8.5.5.4.3 By Cultivation Type
8.5.5.4.4 By Offering
8.5.5.5 Rest of Middle East and Africa Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.5.5.5.1 By Application
8.5.5.5.2 By Technology
8.5.5.5.2 By Cultivation Type
8.5.5.5.4 By Offering
8.6 Central and South America Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.6.1 By Application
8.6.2 By Technology
8.6.3 By Cultivation Type
8.6.4 By Offering
8.6.5 By Country
8.6.5.1 Brazil Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.6.5.1.1 By Application
8.6.5.1.2 By Technology
8.6.5.1.3 By Cultivation Type
8.6.5.1.4 By Offering
8.6.5.2 Argentina Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.6.5.2.1 By Application
8.6.5.2.2 By Technology
8.6.5.2.3 By Cultivation Type
8.6.5.2.4 By Offering
8.6.5.3 Chile Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.6.5.3.1 By Application
8.6.5.3.2 By Technology
8.6.5.3.3 By Cultivation Type
8.6.5.5.4 By Offering
8.6.5.4 Rest of Central and South America Horticulture Lighting Market Estimates and Forecast, 2020-2028 (USD Million)
8.6.5.4.1 By Application
8.6.5.4.2 By Technology
8.6.5.4.3 By Cultivation Type
8.6.5.4.4 By Offering
9 COMPETITIVE LANDCAPE
9.1 Company Market Share Analysis
9.2 Four Quadrant Positioning Matrix
9.2.1 Market Leaders
9.2.2 Market Visionaries
9.2.3 Market Challengers
9.2.4 Niche Market Players
9.3 Vendor Landscape
9.3.1 North America
9.3.2 Europe
9.3.3 Asia Pacific
9.3.4 Rest of the World
9.4 Company Profiles
9.4.1 Signify Holding
9.4.1.1 Business Description & Financial Analysis
9.4.1.2 SWOT Analysis
9.4.1.3 Products & Services Offered
9.4.1.4 Strategic Alliances between Business Partners
9.4.2 Gavita International B.V.
9.4.2.1 Business Description & Financial Analysis
9.4.2.2 SWOT Analysis
9.4.2.3 Products & Services Offered
9.4.2.4 Strategic Alliances between Business Partners
9.4.3 Heliospectra
9.4.3.1 Business Description & Financial Analysis
9.4.3.2 SWOT Analysis
9.4.3.3 Products & Services Offered
9.4.3.4 Strategic Alliances between Business Partners
9.4.4 Ams-OSRAM International GmbH
9.4.4.1 Business Description & Financial Analysis
9.4.4.2 SWOT Analysis
9.4.4.3 Products & Services Offered
9.4.4.4 Strategic Alliances between Business Partners
9.4.5 California LightWorks
9.4.5.1 Business Description & Financial Analysis
9.4.5.2 SWOT Analysis
9.4.5.3 Products & Services Offered
9.4.5.4 Strategic Alliances between Business Partners
9.4.6 Valoya
9.4.6.1 Business Description & Financial Analysis
9.4.6.2 SWOT Analysis
9.4.6.3 Products & Services Offered
9.4.6.4 Strategic Alliances between Business Partners
9.4.7 Hortilux Schreder
9.4.7.1 Business Description & Financial Analysis
9.4.7.2 SWOT Analysis
9.4.7.3 Products & Services Offered
9.4.8.4 Strategic Alliances between Business Partners
9.4.8 ILUMINAR Lighting
9.4.8.1 Business Description & Financial Analysis
9.4.8.2 SWOT Analysis
9.4.8.3 Products & Services Offered
9.4.8.4 Strategic Alliances between Business Partners
9.4.9 Current Lighting Solutions,LLC..
9.4.9.1 Business Description & Financial Analysis
9.4.9.2 SWOT Analysis
9.4.9.3 Products & Services Offered
9.4.9.4 Strategic Alliances between Business Partners
9.4.10 GE LIGHTING
9.4.10.1 Business Description & Financial Analysis
9.4.10.2 SWOT Analysis
9.4.10.3 Products & Services Offered
9.4.10.4 Strategic Alliances between Business Partners
9.4.11 Other Companies
9.4.11.1 Business Description & Financial Analysis
9.4.11.2 SWOT Analysis
9.4.11.3 Products & Services Offered
9.4.11.4 Strategic Alliances between Business Partners
10 RESEARCH METHODOLOGY
10.1 Market Introduction
10.1.1 Market Definition
10.1.2 Market Scope & Segmentation
10.2 Information Procurement
10.2.1 Secondary Research
10.2.1.1 Purchased Databases
10.2.1.2 GMEs Internal Data Repository
10.2.1.3 Secondary Resources & Third Party Perspectives
10.2.1.4 Company Information Sources
10.2.2 Primary Research
10.2.2.1 Various Types of Respondents for Primary Interviews
10.2.2.2 Number of Interviews Conducted throughout the Research Process
10.2.2.3 Primary Stakeholders
10.2.2.4 Discussion Guide for Primary Participants
10.2.3 Expert Panels
10.2.3.1 Expert Panels Across 30+ Industry
10.2.4 Paid Local Experts
10.2.4.1 Paid Local Experts Across 30+ Industry Across each Region
10.3 Market Estimation
10.3.1 Top-Down Approach
10.3.1.1 Macro-Economic Indicators Considered
10.3.1.2 Micro-Economic Indicators Considered
10.3.2 Bottom Up Approach
10.3.2.1 Company Share Analysis Approach
10.3.2.2 Estimation of Potential Product Sales
10.4 Data Triangulation
10.4.1 Data Collection
10.4.2 Time Series, Cross Sectional & Panel Data Analysis
10.4.3 Cluster Analysis
10.5 Analysis and Output
10.5.1 Inhouse AI Based Real Time Analytics Tool
10.5.2 Output From Desk & Primary Research
10.6 Research Assumptions & Limitations
10.7.1 Research Assumptions
10.7.2 Research Limitations
LIST OF TABLES
1 Global Horticulture Lighting Market, By Application, 2020-2028 (USD Mllion)
2 Greenhouses Market, By Region, 2020-2028 (USD Mllion)
3 Vertical Farms Market, By Region, 2020-2028 (USD Mllion)
4 Indoor Farms Market, By Region, 2020-2028 (USD Mllion)
5 Global Horticulture Lighting Market, By Technology, 2020-2028 (USD Mllion)
6 Fluorescent Market, By Region, 2020-2028 (USD Mllion)
7 High-intensity Discharge (HID) Market, By Region, 2020-2028 (USD Mllion)
8 Light-emitting Diode Market, By Region, 2020-2028 (USD Mllion)
9 other Market, By Region, 2020-2028 (USD Mllion)
10 Global Horticulture Lighting Market, By Cultivation Type, 2020-2028 (USD Mllion)
11 Fruits & Vegetables Market, By Region, 2020-2028 (USD Mllion)
12 Floriculture Market, By Region, 2020-2028 (USD Mllion)
13 Cannabis Market, By Region, 2020-2028 (USD Mllion)
14 Global Horticulture Lighting Market, By OFFERING, 2020-2028 (USD Mllion)
15 Hardware Market, By Region, 2020-2028 (USD Mllion)
16 Software & Services Market, By Region, 2020-2028 (USD Mllion)
17 Regional Analysis, 2020-2028 (USD Mllion)
18 North America Horticulture Lighting Market, By Application, 2020-2028 (USD Million)
19 North America Horticulture Lighting Market, By Technology, 2020-2028 (USD Million)
20 North America Horticulture Lighting Market, By Cultivation Type, 2020-2028 (USD Million)
21 North America Horticulture Lighting Market, By Offering, 2020-2028 (USD Million)
22 North America Horticulture Lighting Market, By Country, 2020-2028 (USD Million)
23 U.S Horticulture Lighting Market, By Application, 2020-2028 (USD Million)
24 U.S Horticulture Lighting Market, By Technology, 2020-2028 (USD Million)
25 U.S Horticulture Lighting Market, By Cultivation Type, 2020-2028 (USD Million)
26 U.S Horticulture Lighting Market, By Offering, 2020-2028 (USD Million)
27 Canada Horticulture Lighting Market, By Application, 2020-2028 (USD Million)
28 Canada Horticulture Lighting Market, By Technology, 2020-2028 (USD Million)
29 Canada Horticulture Lighting Market, By Cultivation Type, 2020-2028 (USD Million)
30 CANADA Horticulture Lighting Market, By Offering, 2020-2028 (USD Million)
31 Mexico Horticulture Lighting Market, By Application, 2020-2028 (USD Million)
32 Mexico Horticulture Lighting Market, By Technology, 2020-2028 (USD Million)
33 Mexico Horticulture Lighting Market, By Cultivation Type, 2020-2028 (USD Million)
34 mexico Horticulture Lighting Market, By Offering, 2020-2028 (USD Million)
35 Europe Horticulture Lighting Market, By Application, 2020-2028 (USD Million)
36 Europe Horticulture Lighting Market, By Technology, 2020-2028 (USD Million)
37 Europe Horticulture Lighting Market, By Cultivation Type, 2020-2028 (USD Million)
38 europe Horticulture Lighting Market, By Offering, 2020-2028 (USD Million)
39 Germany Horticulture Lighting Market, By Application, 2020-2028 (USD Million)
40 Germany Horticulture Lighting Market, By Technology, 2020-2028 (USD Million)
41 Germany Horticulture Lighting Market, By Cultivation Type, 2020-2028 (USD Million)
42 germany Horticulture Lighting Market, By Offering, 2020-2028 (USD Million)
43 U.K Horticulture Lighting Market, By Application, 2020-2028 (USD Million)
44 U.K Horticulture Lighting Market, By Technology, 2020-2028 (USD Million)
45 U.K Horticulture Lighting Market, By Cultivation Type, 2020-2028 (USD Million)
46 U.kHorticulture Lighting Market, By Offering, 2020-2028 (USD Million)
47 France Horticulture Lighting Market, By Application, 2020-2028 (USD Million)
48 France Horticulture Lighting Market, By Technology, 2020-2028 (USD Million)
49 France Horticulture Lighting Market, By Cultivation Type, 2020-2028 (USD Million)
50 france Horticulture Lighting Market, By Offering, 2020-2028 (USD Million)
51 Italy Horticulture Lighting Market, By Application, 2020-2028 (USD Million)
52 Italy Horticulture Lighting Market, By T Technology Type, 2020-2028 (USD Million)
53 Italy Horticulture Lighting Market, By Cultivation Type, 2020-2028 (USD Million)
54 italy Horticulture Lighting Market, By Offering, 2020-2028 (USD Million)
55 Spain Horticulture Lighting Market, By Application, 2020-2028 (USD Million)
56 Spain Horticulture Lighting Market, By Technology, 2020-2028 (USD Million)
57 Spain Horticulture Lighting Market, By Cultivation Type, 2020-2028 (USD Million)
58 spain Horticulture Lighting Market, By Offering, 2020-2028 (USD Million)
59 Rest Of Europe Horticulture Lighting Market, By Application, 2020-2028 (USD Million)
60 Rest Of Europe Horticulture Lighting Market, By Technology, 2020-2028 (USD Million)
61 Rest of Europe Horticulture Lighting Market, By Cultivation Type, 2020-2028 (USD Million)
62 REST OF EUROPE Horticulture Lighting Market, By Offering, 2020-2028 (USD Million)
63 Asia Pacific Horticulture Lighting Market, By Application, 2020-2028 (USD Million)
64 Asia Pacific Horticulture Lighting Market, By Technology, 2020-2028 (USD Million)
65 Asia Pacific Horticulture Lighting Market, By Cultivation Type, 2020-2028 (USD Million)
66 asia Horticulture Lighting Market, By Offering, 2020-2028 (USD Million)
67 Asia Pacific Horticulture Lighting Market, By Country, 2020-2028 (USD Million)
68 China Horticulture Lighting Market, By Application, 2020-2028 (USD Million)
69 China Horticulture Lighting Market, By Technology, 2020-2028 (USD Million)
70 China Horticulture Lighting Market, By Cultivation Type, 2020-2028 (USD Million)
71 china Horticulture Lighting Market, By Offering, 2020-2028 (USD Million)
72 India Horticulture Lighting Market, By Application, 2020-2028 (USD Million)
73 India Horticulture Lighting Market, By Technology, 2020-2028 (USD Million)
74 India Horticulture Lighting Market, By Cultivation Type, 2020-2028 (USD Million)
75 india Horticulture Lighting Market, By Offering, 2020-2028 (USD Million)
76 Japan Horticulture Lighting Market, By Application, 2020-2028 (USD Million)
77 Japan Horticulture Lighting Market, By Technology, 2020-2028 (USD Million)
78 Japan Horticulture Lighting Market, By Cultivation Type, 2020-2028 (USD Million)
79 japan Horticulture Lighting Market, By Offering, 2020-2028 (USD Million)
80 South Korea Horticulture Lighting Market, By Application, 2020-2028 (USD Million)
81 South Korea Horticulture Lighting Market, By Technology, 2020-2028 (USD Million)
82 South Korea Horticulture Lighting Market, By Cultivation Type, 2020-2028 (USD Million)
83 south korea Horticulture Lighting Market, By Offering, 2020-2028 (USD Million)
84 Middle East and Africa Horticulture Lighting Market, By Application, 2020-2028 (USD Million)
85 Middle East and Africa Horticulture Lighting Market, By Technology, 2020-2028 (USD Million)
86 Middle East and Africa Horticulture Lighting Market, By Cultivation Type, 2020-2028 (USD Million)
87 MIDDLE EAST and AFRICA Horticulture Lighting Market, By Offering, 2020-2028 (USD Million)
88 Middle East and Africa Horticulture Lighting Market, By Country, 2020-2028 (USD Million)
89 Saudi Arabia Horticulture Lighting Market, By Application, 2020-2028 (USD Million)
90 Saudi Arabia Horticulture Lighting Market, By Technology, 2020-2028 (USD Million)
91 Saudi Arabia Horticulture Lighting Market, By Cultivation Type, 2020-2028 (USD Million)
92 saudi arabia Horticulture Lighting Market, By Offering, 2020-2028 (USD Million)
93 UAE Horticulture Lighting Market, By Application, 2020-2028 (USD Million)
94 UAE Horticulture Lighting Market, By Technology, 2020-2028 (USD Million)
95 UAE Horticulture Lighting Market, By Cultivation Type, 2020-2028 (USD Million)
96 uae Horticulture Lighting Market, By Offering, 2020-2028 (USD Million)
97 Central and South America Horticulture Lighting Market, By Application, 2020-2028 (USD Million)
98 Central and South America Horticulture Lighting Market, By Technology, 2020-2028 (USD Million)
99 Central and South America Horticulture Lighting Market, By Cultivation Type, 2020-2028 (USD Million)
100 CENTRAL and SOUTH AMERICA Horticulture Lighting Market, By Offering, 2020-2028 (USD Million)
101 Central and South America Horticulture Lighting Market, By Country, 2020-2028 (USD Million)
102 Brazil Horticulture Lighting Market, By Application, 2020-2028 (USD Million)
103 Brazil Horticulture Lighting Market, By Technology, 2020-2028 (USD Million)
104 Brazil Horticulture Lighting Market, By Cultivation Type, 2020-2028 (USD Million)
105 brazil Horticulture Lighting Market, By Offering, 2020-2028 (USD Million)
106 SIGNIFY HOLDING: Products & Services Offering
107 Gavita International B.V.: Products & Services Offering
108 Heliospectra: Products & Services Offering
109 Ams-OSRAM International GmbH: Products & Services Offering
110 California LightWorks: Products & Services Offering
111 VALOYA: Products & Services Offering
112 Hortilux Schreder : Products & Services Offering
113 ILUMINAR Lighting: Products & Services Offering
114 Current Lighting Solutions,LLC.., Inc: Products & Services Offering
115 GE LIGHTING: Products & Services Offering
116 Other Companies: Products & Services Offering
LIST OF FIGURES
1 Global Horticulture Lighting Market Overview
2 Global Horticulture Lighting Market Value From 2020-2028 (USD Mllion)
3 Global Horticulture Lighting Market Share, By Application (2022)
4 Global Horticulture Lighting Market Share, By Technology (2022)
5 Global Horticulture Lighting Market Share, By Cultivation Type (2022)
6 Global Horticulture Lighting Market Share, By Offering (2022)
7 Global Horticulture Lighting Market, By Region (Asia Pacific Market)
8 Technological Trends In Global Horticulture Lighting Market
9 Four Quadrant Competitor Positioning Matrix
10 Impact Of Macro & Micro Indicators On The Market
11 Impact Of Key Drivers On The Global Horticulture Lighting Market
12 Impact Of Challenges On The Global Horticulture Lighting Market
13 Porter’s Five Forces Analysis
14 Global Horticulture Lighting Market: By Application Scope Key Takeaways
15 Global Horticulture Lighting Market, By Application Segment: Revenue Growth Analysis
16 Greenhouses Market, By Region, 2020-2028 (USD Mllion)
17 Vertical Farms Market, By Region, 2020-2028 (USD Mllion)
18 Indoor Farms Market, By Region, 2020-2028 (USD Mllion)
19 Others Market, By Region, 2020-2028 (USD Mllion)
20 Global Horticulture Lighting Market: By Technology Scope Key Takeaways
21 Global Horticulture Lighting Market, By Technology Segment: Revenue Growth Analysis
22 Fluorescent Market, By Region, 2020-2028 (USD Mllion)
23 High-intensity Discharge (HID) Market, By Region, 2020-2028 (USD Mllion)
24 Light-emitting Diode Market, By Region, 2020-2028 (USD Mllion)
25 Others Market, By Region, 2020-2028 (USD Mllion)
26 Global Horticulture Lighting Market: By Cultivation Type Scope Key Takeaways
27 Global Horticulture Lighting Market, By Cultivation Type Segment: Revenue Growth Analysis
28 Fruits & Vegetables Market, By Region, 2020-2028 (USD Mllion)
29 Floriculture Market, By Region, 2020-2028 (USD Mllion)
30 Cannabis Market, By Region, 2020-2028 (USD Mllion)
31 Global Horticulture Lighting Market: By Offering Scope Key Takeaways
32 Global Horticulture Lighting Market, By Offering Segment: Revenue Growth Analysis
33 Hardware Market, By Region, 2020-2028 (USD Mllion)
34 Software & Services Market, By Region, 2020-2028 (USD Mllion)
35 Regional Segment: Revenue Growth Analysis
36 Global Horticulture Lighting Market: Regional Analysis
37 North America Horticulture Lighting Market Overview
38 North America Horticulture Lighting Market, By Application
39 North America Horticulture Lighting Market, By Technology
40 North America Horticulture Lighting Market, By Cultivation Type
41 North America Horticulture Lighting Market, By Offering
42 North America Horticulture Lighting Market, By Country
43 U.S. Horticulture Lighting Market, By Application
44 U.S. Horticulture Lighting Market, By Technology
45 U.S. Horticulture Lighting Market, By Cultivation Type
46 U.S. Horticulture Lighting Market, By Offering
47 Canada Horticulture Lighting Market, By Application
48 Canada Horticulture Lighting Market, By Technology
49 Canada Horticulture Lighting Market, By Cultivation Type
50 Canada Horticulture Lighting Market, By Offering
51 Mexico Horticulture Lighting Market, By Application
52 Mexico Horticulture Lighting Market, By Technology
53 Mexico Horticulture Lighting Market, By Cultivation Type
54 Mexico Horticulture Lighting Market, By Offering
55 Four Quadrant Positioning Matrix
56 Company Market Share Analysis
57 Signify Holding: Company Snapshot
58 Signify Holding: SWOT Analysis
59 Signify Holding: Geographic Presence
60 Gavita International B.V.: Company Snapshot
61 Gavita International B.V.: SWOT Analysis
62 Gavita International B.V.: Geographic Presence
63 Heliospectra: Company Snapshot
64 Heliospectra: SWOT Analysis
65 Heliospectra: Geographic Presence
66 Ams-OSRAM International GmbH: Company Snapshot
67 Ams-OSRAM International GmbH: Swot Analysis
68 Ams-OSRAM International GmbH: Geographic Presence
69 California LightWorks: Company Snapshot
70 California LightWorks: SWOT Analysis
71 California LightWorks: Geographic Presence
72 Valoya: Company Snapshot
73 Valoya: SWOT Analysis
74 Valoya: Geographic Presence
75 Hortilux Schreder : Company Snapshot
76 Hortilux Schreder : SWOT Analysis
77 Hortilux Schreder : Geographic Presence
78 ILUMINAR Lighting: Company Snapshot
79 ILUMINAR Lighting: SWOT Analysis
80 ILUMINAR Lighting: Geographic Presence
81 Current Lighting Solutions,LLC.., Inc.: Company Snapshot
82 Current Lighting Solutions,LLC.., Inc.: SWOT Analysis
83 Current Lighting Solutions,LLC.., Inc.: Geographic Presence
84 GE Lighting: Company Snapshot
85 GE Lighting: SWOT Analysis
86 GE Lighting: Geographic Presence
87 Other Companies: Company Snapshot
88 Other Companies: SWOT Analysis
89 Other Companies: Geographic Presence
The Global Horticulture Lighting Market has been studied from the year 2019 till 2028. However, the CAGR provided in the report is from the year 2023 to 2028. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Horticulture Lighting Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.
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