Table of Content

1 INTRODUCTION (Page No. - 23)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
           1.2.1 INCLUSIONS AND EXCLUSIONS
    1.3 STUDY SCOPE 
           1.3.1 MARKETS COVERED
                    FIGURE 1 HORTICULTURE LIGHTING MARKET SEGMENTATION
           1.3.2 GEOGRAPHICAL SCOPE
                    FIGURE 2 HORTICULTURE LIGHTING MARKET: GEOGRAPHICAL SCOPE
           1.3.3 YEARS CONSIDERED
           1.3.4 CURRENCY CONSIDERED
    1.4 LIMITATIONS 
    1.5 STAKEHOLDERS 
    1.6 SUMMARY OF CHANGES 
           1.6.1 RECESSION IMPACT
2 RESEARCH METHODOLOGY (Page No. - 28)
    2.1 RESEARCH DATA 
           FIGURE 3 HORTICULTURE LIGHTING MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary research
                    2.1.1.2 Key secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Key participants for primary interviews
                    2.1.2.3 Breakdown of primaries
                    2.1.2.4 Key industry insights
           2.1.3 SECONDARY AND PRIMARY RESEARCH
    2.2 MARKET SIZE ESTIMATION 
           FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: REVENUE GENERATED BY KEY HORTICULTURE LIGHTING PROVIDERS (SUPPLY SIDE)
           FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: ILLUSTRATION OF REVENUE ESTIMATION OF KEY MARKET PLAYER (SUPPLY SIDE)
           2.2.1 MARKET SIZE ESTIMATION APPROACH: IDENTIFICATION OF COMPANIES OFFERING HORTICULTURE LIGHTING EQUIPMENT
                    FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP ESTIMATION, BY REGION (DEMAND SIDE)
           2.2.2 BOTTOM-UP APPROACH
                    2.2.2.1 Approach to derive market size using bottom-up analysis
                               FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
           2.2.3 TOP-DOWN APPROACH
                    2.2.3.1 Approach to derive market size using top-down analysis
                               FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
    2.3 MARKET SHARE ESTIMATION 
    2.4 DATA TRIANGULATION 
           FIGURE 9 DATA TRIANGULATION
    2.5 RISK ASSESSMENT 
           TABLE 1 RISK FACTOR ANALYSIS
    2.6 APPROACH TO ANALYZE IMPACT OF RECESSION ON HORTICULTURE LIGHTING MARKET 
    2.7 RESEARCH ASSUMPTIONS 
           FIGURE 10 ASSUMPTIONS
    2.8 RESEARCH LIMITATIONS 
           FIGURE 11 LIMITATIONS
3 EXECUTIVE SUMMARY (Page No. - 43)
    3.1 IMPACT OF RECESSION 
           FIGURE 12 HORTICULTURE LIGHTING MARKET: IMPACT OF RECESSION
           FIGURE 13 LED SEGMENT TO ACCOUNT FOR LARGEST SHARE OF HORTICULTURE LIGHTING MARKET IN 2028
           FIGURE 14 GREENHOUSES SEGMENT TO ACCOUNT FOR LARGEST SHARE OF HORTICULTURE LIGHTING MARKET IN 2028
           FIGURE 15 FRUITS AND VEGETABLES SEGMENT TO ACCOUNT FOR LARGEST SHARE OF HORTICULTURE LIGHTING MARKET IN 2028
           FIGURE 16 HORTICULTURE LIGHTING MARKET IN ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
4 PREMIUM INSIGHTS (Page No. - 47)
    4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN HORTICULTURE LIGHTING MARKET 
           FIGURE 17 GROWING ADOPTION OF CONTROLLED ENVIRONMENT AGRICULTURAL PRACTICES IN URBAN AREAS
    4.2 HORTICULTURE LIGHTING MARKET, BY OFFERING 
           FIGURE 18 HARDWARE SEGMENT TO ACCOUNT FOR LARGER SHARE OF HORTICULTURE LIGHTING MARKET IN 2028
    4.3 HORTICULTURE LIGHTING MARKET, BY INSTALLATION TYPE 
           FIGURE 19 RETROFIT INSTALLATIONS SEGMENT TO RECORD HIGHER CAGR DURING FORECAST PERIOD
    4.4 HORTICULTURE LIGHTING MARKET, BY LIGHTING TYPE 
           FIGURE 20 TOPLIGHTING SEGMENT TO ACCOUNT FOR LARGER SHARE OF HORTICULTURE LIGHTING MARKET IN 2028
    4.5 HORTICULTURE LIGHTING MARKET, BY COUNTRY 
           FIGURE 21 SOUTHEAST ASIA TO RECORD HIGHEST CAGR FROM 2023 TO 2028
5 MARKET OVERVIEW (Page No. - 50)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           FIGURE 22 HORTICULTURE LIGHTING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.2.1 DRIVERS
                    5.2.1.1 Growing adoption of sustainable year-round crop production practices
                    5.2.1.2 Optimization of plant growth using customizable light spectra
                    5.2.1.3 Government-led initiatives to promote controlled environment agriculture (CEA) practices
                    5.2.1.4 Optimization of space for agricultural practices amidst arable land scarcity
                    5.2.1.5 Rising investments in modern agricultural techniques
                    5.2.1.6 Widespread adoption of LED fixtures as reliable lighting source
                    5.2.1.7 Adoption of artificial lighting to enhance energy efficiency
                               FIGURE 23 HORTICULTURE LIGHTING MARKET: DRIVERS AND THEIR IMPACT
           5.2.2 RESTRAINTS
                    5.2.2.1 High installation and setup costs
                    5.2.2.2 Navigation of complex light spectrum for crop cultivation
                    5.2.2.3 High energy consumption
                               FIGURE 24 HORTICULTURE LIGHTING MARKET: RESTRAINTS AND THEIR IMPACT
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Emerging trend of farm-to-table concept
                    5.2.3.2 Growing prospects for vertical farming in Asian and Middle Eastern markets
                    5.2.3.3 Availability of weather-resilient solutions for crop production
                    5.2.3.4 Prominence of horticulture lighting software and calculators
                    5.2.3.5 Expansion of home gardening market
                    5.2.3.6 Integration of sustainable architecture
                               FIGURE 25 HORTICULTURE LIGHTING MARKET: OPPORTUNITIES AND THEIR IMPACT
           5.2.4 CHALLENGES
                    5.2.4.1 Limited regulations and standards
                    5.2.4.2 Shortage of large-scale technical expertise
                    5.2.4.3 Need for standardized testing for product quality assessment
                    5.2.4.4 Complexities associated with integration of components and technologies into advanced agriculture facilities
                               FIGURE 26 HORTICULTURE LIGHTING MARKET: CHALLENGES AND THEIR IMPACT
    5.3 VALUE CHAIN ANALYSIS 
           FIGURE 27 HORTICULTURE LIGHTING MARKET: VALUE CHAIN ANALYSIS
           5.3.1 RESEARCH AND DEVELOPMENT
           5.3.2 PRODUCT MANUFACTURERS
           5.3.3 SYSTEM INTEGRATORS
           5.3.4 MARKETING AND SALES
           5.3.5 END-USER INDUSTRIES
    5.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 
           FIGURE 28 REVENUE SHIFT AND NEW REVENUE POCKETS FOR PLAYERS IN HORTICULTURE LIGHTING MARKET
    5.5 ECOSYSTEM ANALYSIS 
           TABLE 2 COMPANIES AND THEIR ROLE IN HORTICULTURE LIGHTING ECOSYSTEM
           FIGURE 29 HORTICULTURE LIGHTING MARKET: ECOSYSTEM ANALYSIS
    5.6 TECHNOLOGY ANALYSIS 
           5.6.1 SOLID-STATE LIGHTING TECHNOLOGY
           5.6.2 FULL-SPECTRUM LED GROW LIGHTING SYSTEM
           5.6.3 CENTRALIZED POWER SUPPLY
           5.6.4 ADVANCED UV-LED TECHNOLOGY
           5.6.5 SMART LIGHTING SOLUTIONS
           5.6.6 LIGHTING SYSTEMS WITH INTERNET OF THINGS (IOT)
    5.7 PORTER’S FIVE FORCES ANALYSIS 
           FIGURE 30 IMPACT ANALYSIS OF PORTER’S FIVE FORCES
           TABLE 3 HORTICULTURE LIGHTING MARKET: PORTER’S FIVE FORCES ANALYSIS
           5.7.1 INTENSITY OF COMPETITIVE RIVALRY
           5.7.2 THREAT OF NEW ENTRANTS
           5.7.3 THREAT OF SUBSTITUTES
           5.7.4 BARGAINING POWER OF BUYERS
           5.7.5 BARGAINING POWER OF SUPPLIERS
    5.8 PATENT ANALYSIS 
           5.8.1 DOCUMENT TYPE
                    TABLE 4 PATENTS FILED
                    FIGURE 31 PATENTS FILED, 2013–2022
           5.8.2 PUBLICATION TREND
                    FIGURE 32 NUMBER OF PATENTS PUBLISHED, 2013–2022
           5.8.3 JURISDICTION ANALYSIS
                    FIGURE 33 JURISDICTION ANALYSIS
           5.8.4 TOP PATENT OWNERS
                    FIGURE 34 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PUBLISHED PATENT APPLICATIONS, 2013–2022
                    TABLE 5 TOP 20 PUBLISHED PATENT OWNERS IN LAST 10 YEARS
    5.9 TRADE ANALYSIS 
           FIGURE 35 COUNTRY-WISE EXPORT DATA FOR PRODUCTS UNDER HS CODE 9405, 2018–2022 (USD THOUSAND)
           TABLE 6 EXPORT SCENARIO FOR HS CODE: 9405-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD THOUSAND)
           FIGURE 36 COUNTRY-WISE IMPORT DATA FOR PRODUCTS UNDER HS CODE 9405, 2018–2022 (USD THOUSAND)
           TABLE 7 IMPORT SCENARIO FOR HS CODE: 9405-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD THOUSAND)
    5.10 PRICING ANALYSIS 
           5.10.1 AVERAGE SELLING PRICE (ASP) OF PRODUCTS OFFERED BY TWO KEY PLAYERS, BY TECHNOLOGY
           TABLE 8 AVERAGE SELLING PRICE (ASP) OF PRODUCTS OFFERED BY TOP TWO PLAYERS, BY TECHNOLOGY (USD)
           5.10.2 AVERAGE SELLING PRICE (ASP) TREND FOR FLUORESCENT, HIGH-INTENSITY DISCHARGE (HID), AND LIGHT-EMITTING DIODE (LED), 2019–2028
    5.11 CASE STUDY ANALYSIS 
           5.11.1 TOPLINE GERBERA ACHIEVED REMARKABLE ENERGY SAVINGS AND ENHANCED FLOWER QUALITY USING PHILIPS HORTICULTURE LED SOLUTIONS
           5.11.2 SIGNIFY HOLDING WITH BAIYI YINONG INTERNATIONAL FLOWER PORT HELPED CHINA REVOLUTIONIZE ROSE PRODUCTION
           5.11.3 HELIOSPECTRA PROVIDED CUTTING-EDGE SMART LED LIGHT SOLUTIONS TO NORTH AMERICAN AGTECH TO TRANSFORM AGRICULTURAL LANDSCAPE
           5.11.4 SIGNIFY HOLDING HELPED GOODLEAF COMMUNITY FARMS ENHANCE FOOD PRODUCTION CAPABILITIES
    5.12 REGULATORY LANDSCAPE 
           TABLE 9 HORTICULTURE LIGHTING MARKET: REGULATORY FRAMEWORK
           5.12.1 REGIONAL REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 10 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 11 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    5.13 KEY CONFERENCES AND EVENTS, 2023–2024 
    5.14 KEY STAKEHOLDERS AND BUYING CRITERIA 
           5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 37 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE APPLICATIONS
                    TABLE 12 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE APPLICATIONS (%)
           5.14.2 KEY BUYING CRITERIA
                    TABLE 13 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
6 HORTICULTURE LIGHTING MARKET, BY INSTALLATION TYPE (Page No. - 87)
    6.1 INTRODUCTION 
           FIGURE 38 RETROFIT INSTALLATIONS SEGMENT TO RECORD HIGHER CAGR DURING FORECAST PERIOD
           TABLE 14 HORTICULTURE LIGHTING MARKET, BY INSTALLATION TYPE, 2019–2022 (USD MILLION)
           TABLE 15 HORTICULTURE LIGHTING MARKET, BY INSTALLATION TYPE, 2023–2028 (USD MILLION)
    6.2 NEW INSTALLATIONS 
           6.2.1 RISING ADOPTION OF VERTICAL FARMING TO FUEL SEGMENTAL GROWTH
                    TABLE 16 NEW INSTALLATIONS: HORTICULTURE LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
                    TABLE 17 NEW INSTALLATIONS: HORTICULTURE LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
    6.3 RETROFIT INSTALLATIONS 
           6.3.1 INCREASED INSTALLATION OF RETROFITTING LIGHT FIXTURES TO BOOST MARKET GROWTH
                    TABLE 18 RETROFIT INSTALLATIONS: HORTICULTURE LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
                    TABLE 19 RETROFIT INSTALLATIONS: HORTICULTURE LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
7 HORTICULTURE LIGHTING MARKET, BY LIGHTING TYPE (Page No. - 92)
    7.1 INTRODUCTION 
           FIGURE 39 INTERLIGHTING SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD
           TABLE 20 HORTICULTURE LIGHTING MARKET, BY LIGHTING TYPE, 2019–2022 (USD MILLION)
           TABLE 21 HORTICULTURE LIGHTING MARKET, BY LIGHTING TYPE, 2023–2028 (USD MILLION)
    7.2 TOPLIGHTING 
           7.2.1 ADOPTION OF TOPLIGHTING IN CONTROLLED ENVIRONMENT AGRICULTURE (CEA) FACILITIES TO BOOST SEGMENTAL GROWTH
                    TABLE 22 TOPLIGHTING: HORTICULTURE LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
                    TABLE 23 TOPLIGHTING: HORTICULTURE LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
    7.3 INTERLIGHTING 
           7.3.1 GROWING DEMAND FOR INTERLIGHTING IN COMMERCIAL GREENHOUSES TO DRIVE MARKET
                    TABLE 24 INTERLIGHTING: HORTICULTURE LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
                    TABLE 25 INTERLIGHTING: HORTICULTURE LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
8 HORTICULTURE LIGHTING MARKET, BY OFFERING (Page No. - 97)
    8.1 INTRODUCTION 
           FIGURE 40 SOFTWARE & SERVICES SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD
           TABLE 26 HORTICULTURE LIGHTING MARKET, BY OFFERING, 2019–2022 (USD MILLION)
           TABLE 27 HORTICULTURE LIGHTING MARKET, BY OFFERING, 2023–2028 (USD MILLION)
    8.2 HARDWARE 
           8.2.1 LIGHTING FIXTURES
                    8.2.1.1 Growing need for effective commercial operations to boost adoption
           8.2.2 LIGHTING CONTROLS
                    8.2.2.1 Adoption of lighting controls to regulate light levels in CEA facilities to drive market
                               TABLE 28 HARDWARE: HORTICULTURE LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
                               TABLE 29 HARDWARE: HORTICULTURE LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
                               TABLE 30 HORTICULTURE LIGHTING MARKET, BY HARDWARE TYPE, 2019–2022 (USD MILLION)
                               TABLE 31 HORTICULTURE LIGHTING MARKET, BY HARDWARE TYPE, 2023–2028 (USD MILLION)
    8.3 SOFTWARE AND SERVICES 
           8.3.1 ADOPTION OF HORTICULTURE LIGHTING SOFTWARE AND SERVICES TO DRIVE SEGMENTAL GROWTH
                    TABLE 32 SOFTWARE & SERVICES: HORTICULTURE LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
                    TABLE 33 SOFTWARE & SERVICES: HORTICULTURE LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
9 HORTICULTURE LIGHTING MARKET, BY CULTIVATION TYPE (Page No. - 106)
    9.1 INTRODUCTION 
           FIGURE 41 FRUITS AND VEGETABLES SEGMENT TO HOLD LARGEST MARKET SHARE IN 2028
           TABLE 34 HORTICULTURE LIGHTING MARKET, BY CULTIVATION TYPE, 2019–2022 (USD MILLION)
           TABLE 35 HORTICULTURE LIGHTING MARKE, BY CULTIVATION TYPE, 2023–2028 (USD MILLION)
    9.2 FRUITS AND VEGETABLES 
           9.2.1 INCREASING DEMAND FOR ORGANIC FRUITS AND VEGETABLES TO BOOST ADOPTION OF HORTICULTURE LIGHTING IN VERTICAL FARMS AND GREENHOUSES
                    TABLE 36 FRUITS AND VEGETABLES: HORTICULTURE LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
                    TABLE 37 FRUITS AND VEGETABLES: HORTICULTURE LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.3 FLORICULTURE 
           9.3.1 NEED TO FACILITATE CORRECT LIGHT RATIO TO REDUCE FLOWERING TIME AND INCREASE FLOWER PRODUCTION TO DRIVE DEMAND
                    TABLE 38 FLORICULTURE: HORTICULTURE LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
                    TABLE 39 FLORICULTURE: HORTICULTURE LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.4 CANNABIS 
           9.4.1 ADOPTION OF BLUE LIGHTS TO ENSURE EFFECTIVE CANNABIS PLANT GROWTH TO DRIVE MARKET
                    TABLE 40 CANNABIS: HORTICULTURE LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
                    TABLE 41 CANNABIS: HORTICULTURE LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
10 HORTICULTURE LIGHTING MARKET, BY TECHNOLOGY (Page No. - 117)
     10.1 INTRODUCTION 
             FIGURE 42 LED SEGMENT TO EXHIBIT HIGHEST CAGR FROM 2023 TO 2028
             TABLE 42 HORTICULTURE LIGHTING MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
             TABLE 43 HORTICULTURE LIGHTING MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
             TABLE 44 HORTICULTURE LIGHTING MARKET, BY TECHNOLOGY, 2019–2022 (THOUSAND UNITS)
             TABLE 45 HORTICULTURE LIGHTING MARKET, BY TECHNOLOGY, 2023–2028 (THOUSAND UNITS)
     10.2 FLUORESCENT 
             10.2.1 T5 FLUORESCENT LIGHTS
                        10.2.1.1 Rising need for efficiency in indoor cultivation to drive demand for T5 fluorescent lights
             10.2.2 COMPACT FLUORESCENT LAMP (CFL)
                        10.2.2.1 Increasing adoption of compact fluorescent lamps attributed to adaptability and cost-effectiveness to drive market
                                    TABLE 46 FLUORESCENT: HORTICULTURE LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
                                    TABLE 47 FLUORESCENT: HORTICULTURE LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
     10.3 HIGH-INTENSITY DISCHARGE (HID) 
             10.3.1 HIGH-PRESSURE SODIUM (HPS) LAMPS
                        10.3.1.1 Rising adoption of high-pressure sodium lamps in greenhouse settings to support market growth
             10.3.2 METAL-HALIDE (MH) LAMPS
                        10.3.2.1 Adoption of metal-halide lamps to boost initial vegetative stage of plant growth to drive market
             10.3.3 COMPARISON BETWEEN HPS AND MH HORTICULTURE LAMPS
                       TABLE 48 HID: HORTICULTURE LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
                       TABLE 49 HID: HORTICULTURE LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
     10.4 LIGHT-EMITTING DIODE (LED) 
             10.4.1 DEMAND FOR LED LIGHTS IN INDOOR FARMING TO DRIVE SEGMENTAL GROWTH
                       TABLE 50 LED: HORTICULTURE LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
                       TABLE 51 LED: HORTICULTURE LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
     10.5 OTHERS 
             TABLE 52 OTHERS: HORTICULTURE LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
             TABLE 53 OTHERS: HORTICULTURE LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
11 HORTICULTURE LIGHTING MARKET, BY APPLICATION (Page No. - 128)
     11.1 INTRODUCTION 
           FIGURE 43 VERTICAL FARMS SEGMENT TO EXHIBIT HIGHEST CAGR FROM 2023 TO 2028
           TABLE 54 HORTICULTURE LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
           TABLE 55 HORTICULTURE LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
     11.2 GREENHOUSES 
             11.2.1 UTILIZATION OF HORTICULTURE LIGHTS IN GREENHOUSES TO INCREASE CROP YIELD TO DRIVE MARKET
                       TABLE 56 GREENHOUSES: HORTICULTURE LIGHTING MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
                       TABLE 57 GREENHOUSES: HORTICULTURE LIGHTING MARKET, BY TECHNOLOGY 2023–2028 (USD MILLION)
                       TABLE 58 GREENHOUSES: HORTICULTURE LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
                       TABLE 59 GREENHOUSES: HORTICULTURE LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
     11.3 VERTICAL FARMS 
             11.3.1 INCREASED DEMAND FOR HORTICULTURE LIGHTING IN VERTICAL FARMS TO DRIVE SEGMENTAL GROWTH
                       TABLE 60 VERTICAL FARMS: HORTICULTURE LIGHTING MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
                       TABLE 61 VERTICAL FARMS: HORTICULTURE LIGHTING MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
                       TABLE 62 VERTICAL FARMS: HORTICULTURE LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
                       TABLE 63 VERTICAL FARMS: HORTICULTURE LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
             11.3.2 RECENT DEVELOPMENTS IN VERTICAL FARMING MARKET, BY REGION
                       TABLE 64 DEVELOPMENTS IN NORTH AMERICAN VERTICAL FARMING MARKET
                       TABLE 65 DEVELOPMENTS IN EUROPEAN VERTICAL FARMING MARKET
                       TABLE 66 DEVELOPMENTS IN ASIA PACIFIC VERTICAL FARMING MARKET
                       TABLE 67 DEVELOPMENTS IN ROW VERTICAL FARMING MARKET
     11.4 INDOOR FARMS 
             11.4.1 INCREASING FOCUS ON INFRASTRUCTURE DEVELOPMENT TO SUPPORT MARKET GROWTH
                       TABLE 68 INDOOR FARMS: HORTICULTURE LIGHTING MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
                       TABLE 69 INDOOR FARMS: HORTICULTURE LIGHTING MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
                       TABLE 70 INDOOR FARMS: HORTICULTURE LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
                       TABLE 71 INDOOR FARMS: HORTICULTURE LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
     11.5 OTHERS 
             TABLE 72 OTHERS: HORTICULTURE LIGHTING MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
             TABLE 73 OTHERS: HORTICULTURE LIGHTING MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
             TABLE 74 OTHERS: HORTICULTURE LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
             TABLE 75 OTHERS: HORTICULTURE LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
12 HORTICULTURE LIGHTING MARKET, BY REGION (Page No. - 144)
     12.1 INTRODUCTION 
             FIGURE 44 HORTICULTURE LIGHTING, BY REGION
             FIGURE 45 ASIA PACIFIC TO RECORD HIGHEST CAGR IN HORTICULTURE LIGHTING MARKET DURING FORECAST PERIOD
             TABLE 76 HORTICULTURE LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
             TABLE 77 HORTICULTURE LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
     12.2 NORTH AMERICA 
             FIGURE 46 NORTH AMERICA: HORTICULTURE LIGHTING MARKET SNAPSHOT
             TABLE 78 NORTH AMERICA: HORTICULTURE LIGHTING MARKET, BY OFFERING, 2019–2022 (USD MILLION)
             TABLE 79 NORTH AMERICA: HORTICULTURE LIGHTING MARKET, BY OFFERING, 2023–2028 (USD MILLION)
             TABLE 80 NORTH AMERICA: HORTICULTURE LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
             TABLE 81 NORTH AMERICA: HORTICULTURE LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
             TABLE 82 NORTH AMERICA: HORTICULTURE LIGHTING MARKET, BY LIGHTING TYPE, 2019–2022 (USD MILLION)
             TABLE 83 NORTH AMERICA: HORTICULTURE LIGHTING MARKET, BY LIGHTING TYPE, 2023–2028 (USD MILLION)
             TABLE 84 NORTH AMERICA: HORTICULTURE LIGHTING MARKET, BY CULTIVATION TYPE, 2019–2022 (USD MILLION)
             TABLE 85 NORTH AMERICA: HORTICULTURE LIGHTING MARKET, BY CULTIVATION TYPE, 2023–2028 (USD MILLION)
             TABLE 86 NORTH AMERICA: HORTICULTURE LIGHTING MARKET, BY INSTALLATION TYPE, 2019–2022 (USD MILLION)
             TABLE 87 NORTH AMERICA: HORTICULTURE LIGHTING MARKET, BY INSTALLATION TYPE, 2023–2028 (USD MILLION)
             TABLE 88 NORTH AMERICA: HORTICULTURE LIGHTING MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
             TABLE 89 NORTH AMERICA: HORTICULTURE LIGHTING MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
             12.2.1 US
                        12.2.1.1 Increased adoption of vertical farms and greenhouses to support market growth
             12.2.2 CANADA
                        12.2.2.1 Presence of challenging climatic conditions to increase adoption of horticulture lighting
             12.2.3 MEXICO
                        12.2.3.1 Increasing adoption of controlled agricultural practices to drive market
             12.2.4 RECESSION IMPACT ON HORTICULTURE LIGHTING MARKET IN NORTH AMERICA
     12.3 EUROPE 
             FIGURE 47 EUROPE: HORTICULTURE LIGHTING MARKET SNAPSHOT
             TABLE 90 EUROPE: HORTICULTURE LIGHTING MARKET, BY OFFERING, 2019–2022 (USD MILLION)
             TABLE 91 EUROPE: HORTICULTURE LIGHTING MARKET, BY OFFERING, 2023–2028 (USD MILLION)
             TABLE 92 EUROPE: HORTICULTURE LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
             TABLE 93 EUROPE: HORTICULTURE LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
             TABLE 94 EUROPE: HORTICULTURE LIGHTING MARKET, BY LIGHTING TYPE, 2019–2022 (USD MILLION)
             TABLE 95 EUROPE: HORTICULTURE LIGHTING MARKET, BY LIGHTING TYPE, 2023–2028 (USD MILLION)
             TABLE 96 EUROPE: HORTICULTURE LIGHTING MARKET, BY CULTIVATION TYPE, 2019–2022 (USD MILLION)
             TABLE 97 EUROPE: HORTICULTURE LIGHTING MARKET, BY CULTIVATION TYPE, 2023–2028 (USD MILLION)
             TABLE 98 EUROPE: HORTICULTURE LIGHTING MARKET, BY INSTALLATION TYPE, 2019–2022 (USD MILLION)
             TABLE 99 EUROPE: HORTICULTURE LIGHTING MARKET, BY INSTALLATION TYPE, 2023–2028 (USD MILLION)
             TABLE 100 EUROPE: HORTICULTURE LIGHTING MARKET, BY COUNTRY 2019–2022 (USD MILLION)
             TABLE 101 EUROPE: HORTICULTURE LIGHTING MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
             12.3.1 UK
                        12.3.1.1 Emerging vertical farms and greenhouses to stimulate market growth
             12.3.2 GERMANY
                        12.3.2.1 Adoption of advanced farming techniques to fuel demand
             12.3.3 NETHERLANDS
                        12.3.3.1 Presence of leading horticulture lighting providers to drive market
             12.3.4 SCANDINAVIA
                        12.3.4.1 Rising focus on minimizing fresh fruit and vegetable imports to increase demand
             12.3.5 REST OF EUROPE
             12.3.6 RECESSION IMPACT ON HORTICULTURE LIGHTING MARKET IN EUROPE
     12.4 ASIA PACIFIC 
             FIGURE 48 ASIA PACIFIC: HORTICULTURE LIGHTING MARKET SNAPSHOT
             TABLE 102 ASIA PACIFIC: HORTICULTURE LIGHTING MARKET, BY OFFERING, 2019–2022 (USD MILLION)
             TABLE 103 ASIA PACIFIC: HORTICULTURE LIGHTING MARKET, BY OFFERING, 2023–2028 (USD MILLION)
             TABLE 104 ASIA PACIFIC: HORTICULTURE LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
             TABLE 105 ASIA PACIFIC: HORTICULTURE LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
             TABLE 106 ASIA PACIFIC: HORTICULTURE LIGHTING MARKET, BY LIGHTING TYPE, 2019–2022 (USD MILLION)
             TABLE 107 ASIA PACIFIC: HORTICULTURE LIGHTING MARKET, BY LIGHTING TYPE, 2023–2028 (USD MILLION)
             TABLE 108 ASIA PACIFIC: HORTICULTURE LIGHTING MARKET, BY CULTIVATION TYPE, 2019–2022 (USD MILLION)
             TABLE 109 ASIA PACIFIC: HORTICULTURE LIGHTING MARKET, BY CULTIVATION TYPE, 2023–2028 (USD MILLION)
             TABLE 110 ASIA PACIFIC: HORTICULTURE LIGHTING MARKET, BY INSTALLATION TYPE, 2019–2022 (USD MILLION)
             TABLE 111 ASIA PACIFIC: HORTICULTURE LIGHTING MARKET, BY INSTALLATION TYPE, 2023–2028 (USD MILLION)
             TABLE 112 ASIA PACIFIC: HORTICULTURE LIGHTING MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
             TABLE 113 ASIA PACIFIC: HORTICULTURE LIGHTING MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
             12.4.1 CHINA
                        12.4.1.1 Increasing adoption of Controlled Environment Agriculture (CEA) practices to drive market
             12.4.2 JAPAN
                        12.4.2.1 Growing adaption of urban agriculture to support market growth
             12.4.3 SOUTHEAST ASIA
                        12.4.3.1 Government-led initiatives and scarcity of natural resources to drive demand
             12.4.4 AUSTRALIA
                        12.4.4.1 Legalization of cannabis cultivation to drive demand
             12.4.5 REST OF ASIA PACIFIC
             12.4.6 RECESSION IMPACT ON HORTICULTURE LIGHTING MARKET IN ASIA PACIFIC
     12.5 ROW 
             FIGURE 49 ROW HORTICULTURE LIGHTING MARKET, BY REGION
             TABLE 114 ROW: HORTICULTURE LIGHTING MARKET, BY OFFERING, 2019–2022 (USD MILLION)
             TABLE 115 ROW: HORTICULTURE LIGHTING MARKET, BY OFFERING, 2023–2028 (USD MILLION)
             TABLE 116 ROW: HORTICULTURE LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
             TABLE 117 ROW: HORTICULTURE LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
             TABLE 118 ROW: HORTICULTURE LIGHTING MARKET, BY LIGHTING TYPE, 2019–2022 (USD MILLION)
             TABLE 119 ROW: HORTICULTURE LIGHTING MARKET, BY LIGHTING TYPE, 2023–2028 (USD MILLION)
             TABLE 120 ROW: HORTICULTURE LIGHTING MARKET, BY CULTIVATION TYPE, 2019–2022 (USD MILLION)
             TABLE 121 ROW: HORTICULTURE LIGHTING MARKET, BY CULTIVATION TYPE, 2023–2028 (USD MILLION)
             TABLE 122 ROW: HORTICULTURE LIGHTING MARKET, BY INSTALLATION TYPE, 2019–2022 (USD MILLION)
             TABLE 123 ROW: HORTICULTURE LIGHTING MARKET, BY INSTALLATION TYPE, 2023–2028 (USD MILLION)
             TABLE 124 ROW: HORTICULTURE LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
             TABLE 125 ROW: HORTICULTURE LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
             12.5.1 SOUTH AMERICA
                        12.5.1.1 Growing installation of vertical farms by startups to support market growth
             12.5.2 MIDDLE EAST & AFRICA
                        12.5.2.1 Rising focus on sustainable food production to boost market growth
             12.5.3 RECESSION IMPACT ON HORTICULTURE LIGHTING MARKET IN ROW
13 COMPETITIVE LANDSCAPE (Page No. - 177)
     13.1 OVERVIEW 
     13.2 KEY STRATEGIES ADOPTED BY MAJOR PLAYERS 
             FIGURE 50 HORTICULTURE LIGHTING MARKET: KEY STRATEGIES ADOPTED BY MAJOR PLAYERS, 2021–2023
     13.3 MARKET SHARE AND RANKING ANALYSIS, 2022 
             TABLE 126 HORTICULTURE LIGHTING MARKET: DEGREE OF COMPETITION
             FIGURE 51 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS, 2022
     13.4 COMPANY REVENUE ANALYSIS, 2018–2022 
             FIGURE 52 REVENUE ANALYSIS OF THREE KEY COMPANIES, 2018–2022
     13.5 COMPANY EVALUATION MATRIX, 2022 
             FIGURE 53 HORTICULTURE LIGHTING MARKET (GLOBAL): COMPANY EVALUATION MATRIX, 2022
             13.5.1 STARS
             13.5.2 EMERGING LEADERS
             13.5.3 PERVASIVE PLAYERS
             13.5.4 PARTICIPANTS
     13.6 COMPETITIVE BENCHMARKING 
             TABLE 127 COMPANY FOOTPRINT
             TABLE 128 APPLICATION: COMPANY FOOTPRINT
             TABLE 129 REGION: COMPANY FOOTPRINT
     13.7 STARTUPS/SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION MATRIX, 2022 
             FIGURE 54 HORTICULTURE LIGHTING (GLOBAL): STARTUPS/SMES EVALUATION MATRIX, 2022
             13.7.1 PROGRESSIVE COMPANIES
             13.7.2 RESPONSIVE COMPANIES
             13.7.3 DYNAMIC COMPANIES
             13.7.4 STARTING BLOCKS
     13.8 LIST OF KEY STARTUPS/SMES 
             TABLE 130 HORTICULTURE LIGHTING MARKET: LIST OF KEY STARTUPS/SMES
     13.9 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 
             TABLE 131 HORTICULTURE LIGHTING MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
     13.1 COMPETITIVE SCENARIOS AND TRENDS 
             13.10.1 PRODUCT LAUNCHES
                         TABLE 132 HORTICULTURE LIGHTING MARKET: PRODUCT LAUNCHES, 2020–2023
             13.10.2 DEALS
                         TABLE 133 HORTICULTURE LIGHTING MARKET: DEALS, 2020–2023
14 COMPANY PROFILES (Page No. - 196)
     14.1 INTRODUCTION 
     14.2 KEY PLAYERS 
(Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View)*  
             14.2.1 SIGNIFY HOLDING (PHILIPS LIGHTING)
                        TABLE 134 SIGNIFY HOLDING (PHILLIPS LIGHTING): COMPANY OVERVIEW
                        FIGURE 55 SIGNIFY HOLDING (PHILLIPS LIGHTING): COMPANY SNAPSHOT
                        TABLE 135 SIGNIFY HOLDING (PHILLIPS LIGHTING): PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 136 SIGNIFY HOLDING (PHILLIPS LIGHTING): PRODUCT LAUNCHES
                        TABLE 137 SIGNIFY HOLDING (PHILLIPS LIGHTING): DEALS
                        TABLE 138 SIGNIFY HOLDING (PHILLIPS LIGHTING): OTHERS
             14.2.2 GAVITA INTERNATIONAL B.V.
                        TABLE 139 GAVITA INTERNATIONAL B.V.: COMPANY OVERVIEW
                        TABLE 140 GAVITA INTERNATIONAL B.V.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 141 GAVITA INTERNATIONAL B.V.: OTHERS
             14.2.3 HELIOSPECTRA
                        TABLE 142 HELIOSPECTRA: COMPANY OVERVIEW
                        FIGURE 56 HELIOSPECTRA: COMPANY SNAPSHOT
                        TABLE 143 HELIOSPECTRA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 144 HELIOSPECTRA: PRODUCT LAUNCHES
                        TABLE 145 HELIOSPECTRA: DEALS
                        TABLE 146 HELIOSPECTRA: OTHERS
             14.2.4 AMS-OSRAM INTERNATIONAL GMBH
                        TABLE 147 AMS-OSRAM INTERNATIONAL GMBH: COMPANY OVERVIEW
                        FIGURE 57 AMS-OSRAM INTERNATIONAL GMBH: COMPANY SNAPSHOT
                        TABLE 148 AMS-OSRAM INTERNATIONAL GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 149 AMS-OSRAM INTERNATIONAL GMBH: PRODUCT LAUNCHES
                        TABLE 150 AMS-OSRAM INTERNATIONAL GMBH: DEALS
                        TABLE 151 AMS-OSRAM INTERNATIONAL GMBH: OTHERS
             14.2.5 CALIFORNIA LIGHTWORKS
                        TABLE 152 CALIFORNIA LIGHTWORKS: COMPANY OVERVIEW
                        TABLE 153 CALIFORNIA LIGHTWORKS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 154 CALIFORNIA LIGHTWORKS: PRODUCT LAUNCHES
             14.2.6 VALOYA
                        TABLE 155 VALOYA: COMPANY OVERVIEW
                        TABLE 156 VALOYA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 157 VALOYA: PRODUCT LAUNCHES
                        TABLE 158 VALOYA: DEALS
             14.2.7 HORTILUX SCHRÉDER
                        TABLE 159 HORTILUX SCHRÉDER: COMPANY OVERVIEW
                        TABLE 160 HORTILUX SCHRÉDER: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 161 HORTILUX SCHRÉDER: PRODUCT LAUNCHES
                        TABLE 162 HORTILUX SCHRÉDER: DEALS
             14.2.8 ILUMINAR LIGHTING
                        TABLE 163 ILUMINAR LIGHTING: COMPANY OVERVIEW
                        TABLE 164 ILUMINAR LIGHTING: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 165 ILUMINAR LIGHTING: PRODUCT LAUNCHES
             14.2.9 CURRENT LIGHTING SOLUTIONS, LLC.
                        TABLE 166 CURRENT LIGHTING SOLUTIONS, LLC: COMPANY OVERVIEW
                        TABLE 167 CURRENT LIGHTING SOLUTIONS, LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 168 CURRENT LIGHTING SOLUTIONS, LLC: PRODUCT LAUNCHES
                        TABLE 169 CURRENT LIGHTING SOLUTIONS, LLC: DEALS
             14.2.10 GE LIGHTING (SAVANT TECHNOLOGIES LLC.)
                        TABLE 170 GE LIGHTING (SAVANT TECHNOLOGIES LLC.): COMPANY OVERVIEW
                        TABLE 171 GE LIGHTING (SAVANT TECHNOLOGIES LLC.): PRODUCTS/SOLUTIONS/SERVICES OFFERED
*Details on Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View might not be captured in case of unlisted companies.  
     14.3 OTHER PLAYERS 
             14.3.1 ACUITY BRANDS, INC.
             14.3.2 LUMILEDS HOLDING B.V.
             14.3.3 CREE LED, AN SGH COMPANY
             14.3.4 TCP LIGHTING
             14.3.5 PARSOURCE
             14.3.6 ECONOLUX INDUSTRIES LTD.
             14.3.7 OREON
             14.3.8 GLACIALLIGHT – DIVISION OF GLACIALTECH INC.
             14.3.9 BLACK DOG HORTICULTURE TECHNOLOGIES & CONSULTING
             14.3.10 VIPARSPECTRA
             14.3.11 ACTIVE GROW
             14.3.12 AGNETIX
             14.3.13 THRIVE AGRITECH
             14.3.14 BRIDGELUX, INC.
             14.3.15 KROPTEK
15 APPENDIX (Page No. - 248)
     15.1 INSIGHTS FROM INDUSTRY EXPERTS 
     15.2 DISCUSSION GUIDE 
     15.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     15.4 CUSTOMIZATION OPTIONS 
     15.5 RELATED REPORTS 
     15.6 AUTHOR DETAILS