Professional Services News / Arcluster

Horticulture Lighting Market Set to Reach $6.35 Billion in 2023

Via: ReleaseWire

Updated 5:00 AM CDT, Mon, July 09,2018

Amsterdam, Netherlands -- (ReleaseWire) -- 07/09/2018 -- Arcluster, the market research and consulting firm, forecasts the horticulture lighting market to reach $6.35 billion in 2023, in its latest and most comprehensive study on the Worldwide Horticulture Lighting Market [by segments (Hardware, Software, Services); by Deployment (Turnkey, Retrofit); by Environment (Indoor, Vertical, Greenhouse, Research); by Crop Type; by Regions]: Market Sizes and Forecasts (2018 – 2023). Arcluster forecasts substantial market growth for grow lights and other hardware vices across multiple environments and regions.

The report states that lighting solutions for horticulture is a significant evolution within a very mature and traditional industry. "Applied across different types of crops ranging from vegetables and fruits to cannabis in a range of environments, lighting solutions have arrived as the vital cog in the horticulture industry." said Arun Nirmal, Research Director at Arcluster. "LEDs are at the crux of a revolution and horticulture lighting has emerged as the hottest market in the lighting industry."

Arcluster's report on the Horticulture Lighting market spans 139 pages and includes 46 market data tables and 41 figures and charts. Market Size and Forecasts within the Horticulture Lighting market are provided by

- Segments: Hardware (Lights, Modules, Meters, Others), Software, Services
- Deployment: Turnkey, Retrofit
- Environment: Indoor, Vertical, Greenhouses, Research, Others
- Crop Type: Vegetables and Fruits, Cannabis, Floriculture, Propagation, Specialty, Others
- Regions: North America; Europe; Asia-Pacific; Central/ Latin America; Middle-East and Africa.

Market data in the report is highly useful for market players, vendors, service providers, integrators, consultants, and venture capital firms.

Buy the report at

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