Horticulture Lighting Market In-depth Research covering sales outlook, demand forecast & up-to-date key trends
The global Horticulture Lighting market is expected to grow at a CAGR of 10.8% during the forecast period.
The global Horticulture Lighting market is estimated to be about 2450.7 million US dollars in 2020.
The global Horticulture Lighting market is estimated to reach 3692.0 million USD by 2026.
The global Horticulture Lighting market is segmented by company, region (country), type and application. Participants, stakeholders, and other readers in the global Horticulture Lighting market will be able to gain an advantage as they use reports as a powerful resource.
Horticulture Lighting markets by category
Fluorescent Lamps
High-intensity Discharge (HID) Lights
LED Lights
Others
Horticulture Lighting Market by Application (Percentage of Demand)
Greenhouses
Vertical Farming
Indoor Farming
Others
Who are the leading companies in Horticulture Lighting
Philips Lighting
Gavita Holland
GE Lighting
OSRAM
Agrolux
Heliospectra
Hortilux Schreder
Lumileds
PARsource
Illumitex
Hubbell
Maxigrow
Bridgelux
Eye Hortilux
LumiGrow
Horticulture Lighting markets by region:
In North America
In Latin America
Europe
The Asia-pacific
Middle East and Africa (MEA)
What are the main countries covered
The United States
Canada
Germany
France
UK
Italy
Russia
China
Japan
Korea
Southeast Asia
India
Australia
Brazil
Mexico
Argentina
Chile
Colombia
Egypt
Saudi Arabia
United Arab Emirates
Nigeria
South Africa
Which is the most profitable market
Among regions, North America/Europe/Asia Pacific accounted for the largest share of global personalized beauty equipment as rising consumer incomes led to increased spending at Horticulture Lighting.
What methodology did you follow in your research
This study was conducted by our expert analysts through a combination of primary and secondary studies. The methodology we follow includes a demand-side assessment of the market and triangulation of this through supply-side analysis. The methodology is based on the use of standard market structures, methods, and definitions.
Who were the primary study respondents
We talk to stakeholders across the spectrum. Including C-level executives, distributors, product manufacturers, industry experts, etc.
What are the sources of secondary research
We conduct extensive secondary studies using proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations and research papers.
1. Introduction
1.1 Definition of the Market
1.2 Research Purpose
1.3 Scope of the Study
1.4 Stakeholders
1.5 Geography Coverage
1.6 Currency Under Consideration
1.7 Market Size Units
1.8 Review Cycle
2 Global Market Overview
2.1 Global Horticulture Lighting Revenue and Growth Forecast 2014-2026
2.2 Global Horticulture Lighting Market Size and Growth Forecast 2014-2026
2.3 Global Horticulture Lighting Revenue by Region 2014-2026
2.4 Horticulture Lighting Market Share by Major Regions 2014-2021
2.5 Horticulture Lighting Gross Margin in Different Region 2014-2021
2.6 Global Horticulture Lighting Market History Price and Forecast 2014-2026
2.7 Global Horticulture Lighting Sales Market Share by Top Companies 2014-2021
3 Global Horticulture Lighting Market by Type
3.1 Global Horticulture Lighting Revenue and Growth Rate Segment by Types from 2014-2021
3.2 Global Horticulture Lighting Market Size and Growth Rate Segment by Product Types from 2014-2021
3.3 Global Horticulture Lighting Price Segment by Types from 2014-2021
3.4 Brief Introduction of Different Types
3.4.1 Fluorescent Lamps
3.4.2 High-intensity Discharge (HID) Lights
3.4.3 LED Lights
3.4.4 Others
4 Global Horticulture Lighting Market by Application
4.1 Global Horticulture Lighting Revenue and Growth Rate Segment by Applications from 2014-2021
4.2 Global Horticulture Lighting Market Size and Growth Rate Segment by Product Applications from 2014-2021
4.3 Brief Introduction of Different Applications
4.3.1 Greenhouses
4.3.2 Vertical Farming
4.3.3 Indoor Farming
4.3.4 Others
5 North America Horticulture Lighting Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
5.1 North America Horticulture Lighting Value ($) from 2014-2021
5.2 North America Horticulture Lighting Market Size from 2014-2021
5.3 North America Horticulture Lighting Price Change from 2014-2021
5.4 North America Horticulture Lighting Import and Export from 2014-2021
5.5 North America Horticulture Lighting Market Value ($) and Growth (%) by Type from 2014-2021
5.6 North America Horticulture Lighting Market Value ($) and Growth (%) by Application from 2014-2021
5.7 North America Horticulture Lighting Market Value ($) and Growth (%) by Countries from 2014-2021
5.7.1 The United States
5.7.2 Canada
5.8 Top North America Horticulture Lighting Participants Value ($) and Market Share (%) in 2020
6 Europe Horticulture Lighting Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
6.1 Europe Horticulture Lighting Value ($) from 2014-2021
6.2 Europe Horticulture Lighting Market Size from 2014-2021
6.3 Europe Horticulture Lighting Price Change from 2014-2021
6.4 Europe Horticulture Lighting Import and Export from 2014-2021
6.5 Europe Horticulture Lighting Market Value ($) and Growth (%) by Type from 2014-2021
6.6 Europe Horticulture Lighting Market Value ($) and Growth (%) by Application from 2014-2021
6.7 Europe Horticulture Lighting Market Value ($) and Growth (%) by Countries from 2014-2021
6.7.1 Germany
6.7.2 France
6.7.3 UK
6.7.4 Italy
6.7.5 Russia
…
6.8 Top Europe Horticulture Lighting Participants Value ($) and Market Share (%) in 2020
7 Asia-Pacific Horticulture Lighting Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
7.1 Asia-Pacific Horticulture Lighting Value ($) from 2014-2021
7.2 Asia-Pacific Horticulture Lighting Market Size from 2014-2021
7.3 Asia-Pacific Horticulture Lighting Price Change from 2014-2021
7.4 Asia-Pacific Horticulture Lighting Import and Export from 2014-2021
7.5 Asia-Pacific Horticulture Lighting Market Value ($) and Growth (%) by Type from 2014-2021
7.6 Asia-Pacific Horticulture Lighting Market Value ($) and Growth (%) by Application from 2014-2021
7.7 Asia-Pacific Horticulture Lighting Market Value ($) and Growth (%) by Countries from 2014-2021
7.7.1 China
7.7.2 Japan
7.7.3 Korea
7.7.4 Southeast Asia
7.7.5 India
7.7.6 Australia
…
7.8 Top Asia-Pacific Horticulture Lighting Participants Value ($) and Market Share (%) in 2020
8 Latin America Horticulture Lighting Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
8.1 Latin America Horticulture Lighting Value ($) from 2014-2021
8.2 Latin America Horticulture Lighting Market Size from 2014-2021
8.3 Latin America Horticulture Lighting Price Change from 2014-2021
8.4 Latin America Horticulture Lighting Import and Export from 2014-2021
8.5 Latin America Horticulture Lighting Market Value ($) and Growth (%) by Type from 2014-2021
8.6 Latin America Horticulture Lighting Market Value ($) and Growth (%) by Application from 2014-2021
8.7 Latin America Horticulture Lighting Market Value ($) and Growth (%) by Countries from 2014-2021
8.7.1 Brazil
8.7.2 Mexico
8.7.3 Argentina
8.7.4 Chile
8.7.5 Colombia
…
8.8 Top Latin America Horticulture Lighting Participants Value ($) and Market Share (%) in 2020
9 Middle East & Africa Horticulture Lighting Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
9.1 Middle East & Africa Horticulture Lighting Value ($) from 2014-2021
9.2 Middle East & Africa Horticulture Lighting Market Size from 2014-2021
9.3 Middle East & Africa Horticulture Lighting Price Change from 2014-2021
9.4 Middle East & Africa Horticulture Lighting Import and Export from 2014-2021
9.5 Middle East & Africa Horticulture Lighting Market Value ($) and Growth (%) by Type from 2014-2021
9.6 Middle East & Africa Horticulture Lighting Market Value ($) and Growth (%) by Application from 2014-2021
9.7 Middle East & Africa Horticulture Lighting Market Value ($) and Growth (%) by Countries from 2014-2021
9.7.1 Egypt
9.7.2 Saudi Arabia
9.7.3 United Arab Emirates
9.7.4 Nigeria
9.7.5 South Africa
…
9.8 Top Middle East & Africa Horticulture Lighting Participants Value ($) and Market Share (%) in 2020
10. Global Level Competitive Intelligence – Company Profiles
10.1 Philips Lighting
10.1.1 Philips Lighting Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.1.2 Philips Lighting Sales, Value, Gross and Gross Margin from 2014-2021
10.1.3 Philips Lighting Value and Growth Change from 2014-2021
10.1.4 Philips Lighting Price Change from 2014-2021
10.1.5 Philips Lighting Product Offered
10.2 Gavita Holland
10.2.1 Gavita Holland Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.2.2 Gavita Holland Sales, Value, Gross and Gross Margin from 2014-2021
10.2.3 Gavita Holland Value and Growth Change from 2014-2021
10.2.4 Gavita Holland Price Change from 2014-2021
10.2.5 Gavita Holland Product Offered
10.3 GE Lighting
10.3.1 GE Lighting Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.3.2 GE Lighting Sales, Value, Gross and Gross Margin from 2014-2021
10.3.3 GE Lighting Value and Growth Change from 2014-2021
10.3.4 GE Lighting Price Change from 2014-2021
10.3.5 GE Lighting Product Offered
10.4 OSRAM
10.4.1 OSRAM Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.4.2 OSRAM Sales, Value, Gross and Gross Margin from 2014-2021
10.4.3 OSRAM Value and Growth Change from 2014-2021
10.4.4 OSRAM Price Change from 2014-2021
10.4.5 OSRAM Product Offered
10.5 Agrolux
10.5.1 Agrolux Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.5.2 Agrolux Sales, Value, Gross and Gross Margin from 2014-2021
10.5.3 Agrolux Value and Growth Change from 2014-2021
10.5.4 Agrolux Price Change from 2014-2021
10.5.5 Agrolux Product Offered
10.6 Heliospectra
10.6.1 Heliospectra Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.6.2 Heliospectra Sales, Value, Gross and Gross Margin from 2014-2021
10.6.3 Heliospectra Value and Growth Change from 2014-2021
10.6.4 Heliospectra Price Change from 2014-2021
10.6.5 Heliospectra Product Offered
10.7 Hortilux Schreder
10.7.1 Hortilux Schreder Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.7.2 Hortilux Schreder Sales, Value, Gross and Gross Margin from 2014-2021
10.7.3 Hortilux Schreder Value and Growth Change from 2014-2021
10.7.4 Hortilux Schreder Price Change from 2014-2021
10.7.5 Hortilux Schreder Product Offered
10.8 Lumileds
10.8.1 Lumileds Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.8.2 Lumileds Sales, Value, Gross and Gross Margin from 2014-2021
10.8.3 Lumileds Value and Growth Change from 2014-2021
10.8.4 Lumileds Price Change from 2014-2021
10.8.5 Lumileds Product Offered
10.9 PARsource
10.9.1 PARsource Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.9.2 PARsource Sales, Value, Gross and Gross Margin from 2014-2021
10.9.3 PARsource Value and Growth Change from 2014-2021
10.9.4 PARsource Price Change from 2014-2021
10.9.5 PARsource Product Offered
10.10 Illumitex
10.10.1 Illumitex Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.10.2 Illumitex Sales, Value, Gross and Gross Margin from 2014-2021
10.10.3 Illumitex Value and Growth Change from 2014-2021
10.10.4 Illumitex Price Change from 2014-2021
10.10.5 Illumitex Product Offered
10.11 Hubbell
10.11.1 Hubbell Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.11.2 Hubbell Sales, Value, Gross and Gross Margin from 2014-2021
10.11.3 Hubbell Value and Growth Change from 2014-2021
10.11.4 Hubbell Price Change from 2014-2021
10.11.5 Hubbell Product Offered
10.12 Maxigrow
10.12.1 Maxigrow Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.12.2 Maxigrow Sales, Value, Gross and Gross Margin from 2014-2021
10.12.3 Maxigrow Value and Growth Change from 2014-2021
10.12.4 Maxigrow Price Change from 2014-2021
10.12.5 Maxigrow Product Offered
10.13 Bridgelux
10.13.1 Bridgelux Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.13.2 Bridgelux Sales, Value, Gross and Gross Margin from 2014-2021
10.13.3 Bridgelux Value and Growth Change from 2014-2021
10.13.4 Bridgelux Price Change from 2014-2021
10.13.5 Bridgelux Product Offered
10.14 Eye Hortilux
10.14.1 Eye Hortilux Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.14.2 Eye Hortilux Sales, Value, Gross and Gross Margin from 2014-2021
10.14.3 Eye Hortilux Value and Growth Change from 2014-2021
10.14.4 Eye Hortilux Price Change from 2014-2021
10.14.5 Eye Hortilux Product Offered
10.15 LumiGrow
10.15.1 LumiGrow Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.15.2 LumiGrow Sales, Value, Gross and Gross Margin from 2014-2021
10.15.3 LumiGrow Value and Growth Change from 2014-2021
10.15.4 LumiGrow Price Change from 2014-2021
10.15.5 LumiGrow Product Offered
11. Market Dynamics
11.1 Driving Factors
11.1.1 Rising Demand in Some Regions: North America/Europe/China/India/Japan …
11.1.2 Increasing Use of Horticulture Lighting by Different End-User/Applications
11.2 Restraints and Challenges in the Market
11.3 Opportunities
11.4 Covid-19 Impact/Evaluation
12. Future Forecast of Global Horticulture Lighting Market from 2020-2026
12.1 Future Forecast of Global Horticulture Lighting Market from 2020-2026 Segment by Regions
12.2 Future Forecast of Global Horticulture Lighting Market from 2020-2026 Segment by Type
12.3 Future Forecast of Global Horticulture Lighting Market from 2020-2026 Segment by Application
13. Investment Analysis
13.1 Fundamental Analysis (Porter's Five Forces Analysis)
13.2 Technical Preparation Analysis
13.3 Risk Evaluating Analysis
13.4 Estimated Investment Pay-Back Period
14 Research Methodology
14.1 Research Data
14.1.1 Secondary Data
14.1.2 Primary Data
14.2 Revenue Estimation
14.2.1 Bottom-Up Approach
14.2.2 Top-Down Approach (Involves time, Space, and Persons)
14.3 Data Triangulation
14.4 Assumptions
14.5 Hypothesis of this Research, Clear, specific, and testable statement of this research
14.6 Limitations of Our Study
14.7 Scene Based Modeling
15 Disclaimer
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
| Historical Data (2015-2019) |
|
|
| Influencing Factors |
|
|
| Market Forecast (2021-2026) |
|
|
Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
| Market Size |
|
|
| Market Position of Top Company |
|
|
| Qualitative Analysis |
|
|
Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
| Primary Sources | Parameters | Key Data |
| Market Segments(by Application, by Type) |
|
|
| Total Market |
|
|