Horticulture Lighting Market to Exhibit Sustained Growth at a CAGR of 16.22% By 2030| MarkNtel Advisors

Comprehensive Analysis Report of Global Horticulture Lighting Market

Markntel Advisors has recently published a comprehensive analysis report of the Global Horticulture Lighting Market, spanning the forecast period from 2024 to 30. Leveraging data from the historical period of 2019 to 22, with 2023 as the reference year, our expert team of analysts has dedicated significant effort to collect and evaluate the latest market data. The outcome is a detailed and up-to-date report that provides valuable insights for individuals making data-driven decisions, including business owners and analysts. Whether your goal is to explore new markets, launch a new product, or maintain a competitive advantage, our research report on the Horticulture Lighting Market presents well-researched facts and figures pertinent to the industry.

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Study Report Coverage:

Industry Overview and Statistics
Trends in the Global Horticulture Lighting Market
Factors Driving and Hindering Industry Growth
Evolution of the Industry by Geography and Service Adoption
Competition Across Various Regions
Evolution of Customer Buying Behavior and Expectations
Key Competitors and Strategic Partnerships

Unlocking Insights: The Global Horticulture Lighting Market (2024-2030)

The Global Horticulture Lighting Market size is valued at around USD 6.78 Billion in 2023 and is projected to grow at a CAGR of around 16.22% during the forecast period, i.e., 2024-30.

Leading Companies Operating in the Horticulture Lighting Market:

Bridgelux Inc.
EYE Hortilux
Maxigrow Ltd
Hortilux Schreder
Osram Licht AG
Gavita International BV
Lumileds
Agrolux
PARsource
Heliospectra
Signify
Valoya
California Lightworks
LumiGrow
EYE Hortilux
Others

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Geographical Reach and Leading Area

North America
South America
Europe
The Middle East Africa

Among all, Europe holds the dominant position in the Global Horticulture Lighting Market.

Segments and Sub-Section of Horticulture Lighting Market:

By Application

Indoor Farming
Greenhouse
Vertical Farming

By Technology

High-Intensity Discharge (HID)
- LED
- High-Pressure Sodium Lamp
Fluorescent
- T5
- CFL

By Offering

Hardware
Software
Services

By Cultivation

Vegetable
Fruits
Floriculture
Others (Medicinal plants, Aromatic, etc.)

By Lighting Type

Top lighting
Inter lighting
Supplemental Lighting
Sole-Source Lighting
Photoperiodic Lighting

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About us

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative quantitative research company, strive to deliver data to a substantial varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East Africa, etc., and many countries across the regional scale, namely, the US, Saudi Arabia, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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