According to a new market
research report published by Global Market Estimates, the Global Horticulture LED Lighting Market is projected to grow from USD 3.2 billion in 2022
to USD 10.8 billion in 2027 at a CAGR of 9.3% from 2022 to 2027.
The major driver in the
horticulture LED lighting market is the increase in disposable income of
developing countries. Many consumers are relying on homegrown fruits and
vegetables. This increases demand for greenhouses vertical and indoor farms.
Horticulture lighting is energy efficient and the energy consumption is less
than regular farming. These advantages drive the market during the forecast
period.
Browse 153 Market Data
Tables and 113 Figures spread through 185 Pages and in-depth TOC on “Global Horticulture
LED Lighting Market - Forecast to 2027’’ https://www.globalmarketestimates.com/market-report/horticulture-led-lighting-market-3838
Technology Outlook
(Revenue, USD Billion, 2022-2027)
·
Fluorescent
·
HID
·
LED
Vertical Outlook (Revenue, USD Billion, 2022-2027)
·
Greenhouses
·
Vertical Farms
· Indoor Farms
Regional Outlook (Revenue, USD Billion, 2022-2027)
North America
Europe
Asia Pacific
Central & South America
Middle East & Africa
Contact:
Yash Jain
Email
address: yash.jain@globalmarketestimates.com
Phone
Number: +1 6026667238