Emergen research's Global Horticulture Lighting Market research study is a comprehensive compilation of insightful data on the Horticulture Lighting industry. The report conducts extensive research on the factors that have an impact on the expansion of the Horticulture Lighting market as well as the expansion of the industry. The advantages and disadvantages of the pandemic for the Horticulture Lighting business are covered in great length in the paper. Due to supply chain interruptions and economic unpredictability, the dynamics of the Horticulture Lighting business have shifted. The most significant geographic and market segmental effects of the pandemic are examined in the paper. The segmentation of the Horticulture Lighting market is included in the study, along with a thorough breakdown of its size and value. This research goes into great detail on the projected timeline from 2021 to 2028 as well as the current period's Horticulture Lighting market scenario. For each industry vertical, segment, end-use industry, application, region, and industry vertical, the Horticulture Lighting market report offers a thorough examination of the previous, current, and projected revenues.

The global horticulture lighting market size is expected to reach USD 11.27 Billion in 2028 and register a steady revenue CAGR over the forecast period, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to rising demand for environmentally friendly and energy-efficient Light-Emitting Diode (LED) systems in horticulture to maximize crop yield and reduce energy consumption. Development of new and more advanced technologies related with smart agriculture is expected to drive growth of the global horticulture lighting market going ahead. Increasing concerns regarding global food security owing rapidly increasing global population and limited availability of arable land are factors expected to open up more lucrative opportunities for players operating in the greenhouse and indoor farming space, and drive demand for horticulture lighting in greenhouses and indoor farms over the forecast period.

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The Horticulture Lighting research report also includes an insightful study of the prominent players of the industry along with their business overview, strategic planning, and business expansion plans adopted by them. This assists the readers and business owners in formulating strategic expansion and investment plans. The report focuses on mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, and others. The report also talks about the expansions these prominent players are vying for in the key regions of the market. The report focuses on the detailed analysis of the technological and product developments undertaken by these companies.

The report further sheds light on the emerging growth opportunities, challenges, market threats, limitations, and factors likely to restrict the growth of the Horticulture Lighting market. The report further discusses in detail the market in international waters and the emerging trends in those regions. It also offers insights into the competitive landscape, market drivers, industrial scenario, and the latest product and technological developments to offer a comprehensive overview of the Horticulture Lighting market landscape.

The key companies studied in the report are:

Signify, Gavita International B.V., Heliospectra, Osram Licht AG, California Lightworks, Valoya, LumiGrow, Hortilux Schréder, EYE HORTILUX, and ILUMINAR Lighting

On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the R&D sector.

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In addition, the analytical data are presented in a well-organized format in the form of charts, tables, graphs, figures, and diagrams in the report. This makes it easier for readers to comprehend the market scenario in a beneficial way. In addition, the report aims to provide a forward-looking perspective and an instructive conclusion to assist the reader in making profitable business decisions. The report concludes with a comprehensive SWOT and Porter's Five Forces analysis of the segments anticipated to dominate the market, regional bifurcation, estimated market size and share, and more.

On the basis of type, the market is segmented into

Lighting Type Outlook (Revenue, USD Billion; 2018–2028)
Interlighting
Toplighting
Lighting Technology Outlook (Revenue, USD Billion; 2018–2028)
Light-Emitting Diode (LED)
High-Intensity Discharge (HID)
Others
Application Outlook (Revenue, USD Billion; 2018–2028)
Indoor farms
Vertical farms
Greenhouses
Others
The report addresses the following key points:

The report estimates the expected market size from 2020-2027
Extensive competitive landscape mapping with profiles of the key competitors
In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
Revenue forecast, country scope, application insights, and product insights
The report provides a forecast of market drivers, restraints, and future opportunities for the Horticulture Lighting market
The report further analyses the changing market dynamics
Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
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