Global horticulture lighting market is expected to reach the healthy CAGR of 17.80% in the forecast period of 2020 to 2027. The new market report contains data for historic year 2018, the base year of calculation is 2019 and the forecast period is 2020 to 2027
Market Segmentation
By Offering (Hardware, Software, Services), Deployment (Turnkey Solutions, Retrofit Solutions), Lighting Type (Toplighting, Interlighting, Photoperiodic Lighting, Supplemental Lighting, Sole-Source Lighting), Cultivation (Fruits, Vegetables, Floriculture), Technology (High-Intensity Discharge (HID), Fluorescent), Application (Greenhouses, Vertical Farming, Indoor Farming), Geography (Asia-Pacific, Europe, North America, South America, Middle East and Africa).

Major growing sectors under the market segmentation are as follows:

- Legalization of medicinal purpose cannabis
- Increasing urbanization across the globe

Key Market Players

The key market players of global horticulture lighting market are:
- Heliospectra AB
- excite LED Grow Lights
- Greens Hydroponics
- UPSHINE Lighting
- TESLUX Lighting s.r.o.
- Hortisystems UK Ltd
- ProGrowTech
- Ronfell Group
- GENERAL ELECTRIC
- Agrolux
- SAMSUNG
- Hortilux Schréder B.V.
- OSRAM GmbH
- Signify Holding
- BSSLED Manufacturing Ltd.
- Forge Europa
- Cropmaster LED
- TE Connectivity Ltd.
- Cree, Inc.
- DiCon Lighting
- Valoya
- EVERLIGHT
- Gavita