Market Research Report
Global Indoor Farming Lighting Market Insights and Forecast to 2028
|Global Indoor Farming Lighting Market Insights and Forecast to 2028|
Published: January 20, 2022
Content info: 106 Pages
Delivery time: 2-3 business days
Ancient cultures worshiped the sun due to its life givingpower ( source ) The idea that plants need exposure to daylight for perfect growing conditions haspersisted during the sustained growth of indoor farming in the past several decades.
Market Analysis and Insights: Global Indoor Farming Lighting Market
Due to the COVID-19 pandemic, the global Indoor Farming Lighting market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Halogen accounting for % of the Indoor Farming Lighting global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Small Farming segment is altered to an % CAGR throughout this forecast period.
China Indoor Farming Lighting market size is valued at US$ million in 2021, while the US and Europe Indoor Farming Lighting are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Indoor Farming Lighting landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Indoor Farming Lighting include Philips Lighting (Netherlands), EVERLIGHT Electronics (Taiwan), Netafim (Israel), Argus Controls Systems (Canada), LumiGrow (US), Logiqs (Netherlands), Illumitex (US), Vertical Farm Systems (Australia) and Hydrodynamics International (US), etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Indoor Farming Lighting capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Indoor Farming Lighting by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Indoor Farming Lighting Scope and Segment
Indoor Farming Lighting market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Indoor Farming Lighting market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Segment by Application
Production by Region
Consumption by Region