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LED Lighting Market for Horticulture Application Present Scenario and Growth Prospects 2016-2020

Semiconductors & Equipment

Updated on Nov 10, 2016

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Global LED Lighting Market for Horticulture Application 2016-2020 is the latest addition to Sandlerresearch.org industry research reports collection.

Lighting sources such as incandescent lighting, fluorescent lighting, and tungsten photonic lighting were used. However, the industry is witnessing transition to the latest lighting technology like LED lighting. LED lighting devices provide high-intensity brightness, along with other advantages like low voltage requirements, low radiated heat, high reliability, negligible ultraviolet (UV) rays, and a longer life span over the conventional lighting sources.

The analysts forecast Global LED Lighting Market for Horticulture Application to grow at a CAGR of 22.55% during the period 2016-2020.

Covered in this Report

This report covers the present scenario and the growth prospects of the global LED Lighting Market for Horticulture Application for 2016-2020.

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Key vendors

Cree

Fluence Bioengineering

Heliospectra

Hubbell Lighting

Illumitex

Kessil Lighting

Lemnis Oreon

LumiGrow

OSRAM SYLVANIA

Smart Grow Technologies

Key regions

Americas

APAC

EMEA

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Market trend

Declining manufacturing cost of LED.

For a full, detailed list, view our report

Market driver

High electricity consumption and increasing power prices.

For a full, detailed list, view our report

Market challenge

Insufficient horticulture infrastructure.

For a full, detailed list, view our report

Key Questions Answered in this Report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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