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.
This report contains market size and forecasts of Indoor Farming Lighting in global, including the following market information:
Global Indoor Farming Lighting Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Indoor Farming Lighting Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Indoor Farming Lighting companies in 2021 (%)
The global Indoor Farming Lighting market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Halogen Segment to Reach $ Million by 2028, with a % CAGR in next six years.
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.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Indoor Farming Lighting manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Indoor Farming Lighting Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Indoor Farming Lighting Market Segment Percentages, by Type, 2021 (%)
Halogen
LED
Global Indoor Farming Lighting Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Indoor Farming Lighting Market Segment Percentages, by Application, 2021 (%)
Small Farming
Medium-sized Farming
Large Farming
Global Indoor Farming Lighting Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Indoor Farming Lighting Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Indoor Farming Lighting revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Indoor Farming Lighting revenues share in global market, 2021 (%)
Key companies Indoor Farming Lighting sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Indoor Farming Lighting sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Philips Lighting (Netherlands)
EVERLIGHT Electronics (Taiwan)
Netafim (Israel)
Argus Controls Systems (Canada)
LumiGrow (US)
Logiqs (Netherlands)
Illumitex (US)
Vertical Farm Systems (Australia)
Hydrodynamics International (US)
General Hydroponics (US)
Richel Group (France)
Agrilution (Germany)