Horticulture lighting market was valued at USD 2382.15 million in 2022 and is expected to reach the value of USD 9388.04 million by 2030, at a CAGR of 18.70% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand

The swiftly increasing importance of the farm-to-table concept and increasing number of government policies and initiatives to encourage the adoption of controlled-environment agriculture (CEA) practices are some major factors which enhance the market growth forward. The top lighting is expected to the fastest growing lighting type segment owing to growing the preference of illumination for indoor and vertical farming all over the globe special in North America regions.

Request-a-sample

https://www.databridgemarketresearch.com/request-a-sample/?dbmr=north-america-horticulture-lighting-market

Covid-19 Impact on Horticulture Lighting Market

·      The outbreak of COVID-19 has impacted the North America horticulture lighting market considerably. The horticulture lighting market had hit a stagnant stage in starting phase of pandemic. The instant impact was on the supply chain, affecting the overall market growth. There was a shortage of food products due to which costs of vegetables and fruits were rising rapidly. The horticulture sector of North America also faced a shortage in the staff because many workforces went back to their hometowns due to lockdowns. As a result, lockdowns were lifted, the horticulture lighting market saw major growth. The growing demand for these lighting market will upsurge the market's revenue growth during the forecast period.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

·      When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

·      In September 2020 - Fluence Bioengineering is an Osram business unit referred to as Fluence by Osram. This organization collaborated with Israel-based Remy 108 Ltd and announced new solid-state lighting (SSL) distribution. This partnership mainly focused on the burgeoning legalized cannabis market in Israel.

·      July 2020 - The European Commission has accepted the acquisition of Osram by Austrian optical sensor maker AMS. This acquisition is ruling that the combination of the two companies poses no competitive threat in the European Economic Area.

 North America Horticulture Lighting Market Scope

·      The horticulture lighting market is segmented based on the type, offering, technology, lighting type, application, deployment and cultivation. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

·      Infrared (880 nm & 935 nm)

·      Red (660 nm)

·      Blue (470 nm)

·      Red + White (600 to 700 nm)

·      Others

Offering

·      Hardware

·      Software

·      Services

 Technology

·      Fluorescent

·      High-Intensity Discharge (HId)

·      Light-Emitting Diode (LED)

·      Other Technologies

 Lighting Type

·      Top lighting

·      Inter lighting

Application

·      Greenhouses

·      Vertical Farming

·      Indoor Farming

·      Others

Deployment

·      Turnkey

·      Retrofit

Cultivation

·      Fruits and Vegetables

·      Floriculture

 Horticulture Lighting Market Regional Analysis/Insights

·      The horticulture lighting market is analyzed and market size insights and trends are provided by country, type, offering, technology, lighting type, application and deployment and cultivation as referenced above.

·      The countries covered in the horticulture lighting market report are report U.S., Canada and Mexico in North America.

 Inquire Before Buying @

https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=north-america-horticulture-lighting-market

Competitive Landscape and Horticulture Lighting Market Share Analysis

·      The horticulture lighting market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to horticulture lighting market.

Some of the major players operating in the horticulture lighting market are:

·      Heliospectra AB (Sweden)

·      Excite LED Grow Lights (Switzerland)

·      Greens Hydroponics (U.K.)

·      UPSHINE Lighting (China)

·      TESLUX Lighting s.r.o. (Czechia)

·      Hortisystems UK Ltd (U.K.)

·      ProGrowTech (U.S.)

·      Ronfell Group (U.K.)

·      General Electric (U.S.)

·      Agrolux (Netherlands)

·      SAMSUNG (South Korea)

·      Hortilux Schréder B.V. (Netherlands)

·      OSRAM GmbH (Germany)

·      Signify Holding (Netherlands)

·      BSSLED Manufacturing Ltd. (U.K.)

·      Forge Europa (U.K.)

·      Cropmaster LED (U.K.)

·      TE Connectivity Ltd. (Switzerland)

·      Cree, Inc. (U.S.)

·      DiCon Lighting (U.S.)

·      Valoya (Finland)

·      EVERLIGHT (Taiwan)

·      Gavita (Norway)

Research Methodology: North America Horticulture Lighting Market

·      Data collection and base year analysis is done using data collection modules with large sample sizes. The stage includes the obtainment of market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

·      The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Full Access of Report @

https://www.databridgemarketresearch.com/reports/north-america-horticulture-lighting-market

MAJOR TOC OF THE REPORT

·     INTRODUCTION

·     MARKET SEGMENTATION

·     EXECUTIVE SUMMARY

·     PREMIUM INSIGHT

·     MARKET OVERVIEW

·     QUESTIONNAIRE

Get TOC Details

https://www.databridgemarketresearch.com/toc/?dbmr=north-america-horticulture-lighting-market

Explore More Reports:

·        Ultra-Low-Power Microcontroller Market is expected to reach the Value of, Size, Share, Growth, Demand and Opportunity Outlook               https://www.databridgemarketresearch.com/reports/global-ultra-low-power-microcontroller-market

·        Asia-Pacific Ultra-Low-Power Microcontroller Market Is Predictable to Touch Size, Share, Business Opportunities, Demand, Upcoming Trends, Segmentation and Revenue Outlook https://www.databridgemarketresearch.com/reports/asia-pacific-ultra-low-power-microcontroller-market

·        Middle East and Africa Ultra-Low-Power Microcontroller Market to Perceive Notable Growth of Size, Share, Trends, Demand and Segmentation Analysis               https://www.databridgemarketresearch.com/reports/middle-east-and-africa-ultra-low-power-microcontroller-market

·        Europe Ultra-Low-Power Microcontroller Market to Garner, Growth Insight, Share, Competitive Analysis, Statistics, and Trends forecast               https://www.databridgemarketresearch.com/reports/europe-ultra-low-power-microcontroller-market

·        North America Ultra-Low-Power Microcontroller Market to Exhibit a Striking Growth of, Future Developments, Opportunities, Trends, Revenue Growth and Demand Outlook               https://www.databridgemarketresearch.com/reports/north-america-ultra-low-power-microcontroller-market

·        Animal Feed Organic Trace Minerals Market to Experience Substantial Growth of Size, Share, Rising Demand and Competitors Outlook               https://www.databridgemarketresearch.com/reports/global-animal-feed-organic-trace-minerals-market

·        Latin America Animal Feed Organic Trace Minerals Market Is Likely to Upsurge, Growth Tactics, Future Strategies, Size, Share and competitive Outlook               https://www.databridgemarketresearch.com/reports/latin-america-animal-feed-organic-trace-minerals-market

About Data Bridge Market Research:

An absolute way to forecast what future holds is to comprehend the trend today!

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavours to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data Bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune.

Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.

Contact Us:

Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email:- corporatesales@databridgemarketresearch.com