Horticulture is a segment of agriculture in which plants are cultivated on a smaller scale and in a more controlled manner. Horticulture lighting is using the light according to the need and requirements of the plants. It helps in increasing the yield and maintaining crop health. These lights are economical and produce less heat which is growing its demand. Control urban farming due to the increasing population and limited agricultural land is boosting its market. Increasing the production of crops to meet the increasing demand is also increasing its demand. The market of Horticulture lighting is expected to grow at a rapid pace in the Asia Pacific region. Rapid urbanization and population growth and limited agricultural land are driving the market in the region. Increasing initiatives of the government and consumer awareness about horticulture lighting are further boosting its market in the region.
Lack of awareness among consumers regarding horticulture lighting is a challenge for the market. Also, the high cost of energy-efficient lights, different lighting requirements for different crops is hampering the growth of the market. However, increasing awareness regarding vertical and indoor farming, government initiatives will help the market to grow. Also, increasing investment in horticulture will boost its market.
The “Horticulture lighting Market – Forecasts from 2019 to 2024” is an exhaustive study that aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key markets, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by technology, crop type, application, and geography.
The Horticulture Lighting market on segmented based technology, crop type, application, and geography. Based on technology the market has been segmented into Fluorescent, HID, LED, and others. By crop type, the market has been segmented into Fruits & Vegetables, Cannabis, Floriculture, and others. By application, the market has been classified into Greenhouses, Vertical Farming, Indoor Farming, and others.
Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific regions. The report also analyzes 15 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.
Major players in the Horticulture Lighting market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the Horticulture lighting market.
By Crop Type
Fruits & Vegetables
Middle East and Africa
1.1. Market Overview
1.2. Market Definition
1.3. Scope Of The Study
1.6. Base, And Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power Of Suppliers
4.5.2. Bargaining Power Of Buyers
4.5.3. Threat Of New Entrants
4.5.4. Threat Of Substitutes
4.5.5. Competitive Rivalry In The Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. HORTICULTURE LIGHTING MARKET BY TECHNOLOGY
6. HORTICULTURE LIGHTING MARKET BY CROP TYPE
6.1. Fruits & Vegetables
7. HORTICULTURE LIGHTING MARKET BY APPLICATION
7.2. Vertical Farming
7.3. Indoor Farming
8. HORTICULTURE LIGHTING MARKET BY GEOGRAPHY
8.1. North America
8.2. South America
8.3.3. United Kingdom
8.4. Middle East And Africa
8.4.2. Saudi Arabia
8.5. Asia Pacific
8.5.3. South Korea
9. COMPETITIVE INTELLIGENCE
9.1. Competitive Benchmarking And Analysis
9.2. Strategies Of Key Players
9.3. Recent Investments And Deals
10. COMPANY PROFILES
10.1. Signify Holding
10.3. General Electric Company
10.4. Osram Opto Semiconductors GmbH.
10.6. Heliospectra AB
10.7. EYE Hortilux
10.10. Lumileds Holding B.V.
LIST OF FIGURES
LIST OF TABLES
General Electric Company
Osram Opto Semiconductors GmbH.
Lumileds Holding B.V.
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