Horticulture lights function as a replacement for sunlight as the catalyst in the plant growth. Horticulture lighting is an artificial source of light that is used for the process of photosynthesis. These lights are useful in areas where there is lack of sunlight, thereby ensure natural growth of plants and flowers even with insufficient sunlight received. Increasing awareness about these lights will encourage the growth of horticulture lighting market.
Increasing government initiatives and investments to promote horticulture farming, adoption of indoor and vertical farming, and availability of limited agricultural land is anticipated to drive the horticulture lighting market. However, the high cost of energy-efficient light and lack of knowledge about the type of light to be used for certain crops would hinder the growth of horticulture lighting market. The advanced features and advantages associated with the implementation horticulture light will provide opportunities to the players operating in the horticulture lighting market.
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The Major Market Player Included in This Report are:
– Bridgelux, Inc.
– Gavita Holland B.V.
– Heliospectra AB
– Hortilux Schreder
– Lumileds Holding B.V.
– OSRAM GmbH
– Signify Holding
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What the report features:-
- Global analysis of Horticulture Lighting Market from 2020 – 2027 illustrating the progression of the market.
- Forecast and analysis of Horticulture Lighting Market by Dosage, Route of Administration and Application from 2020 – 2027.
- Forecast and analysis of Horticulture Lighting Market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America.
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