Horticulture Lighting Market with COVID-19 Impact Analysis by Technology, Application, Cultivation, Lighting Type, Offering, Installation, and Region
Share this article Share this article ResearchAndMarkets.com's offering. The global horticulture lighting market is projected to grow from USD 2.3 billion in 2020 to USD 6 billion by 2025; it is expected to grow at a CAGR of 21.4% from 2020 to 2025. The market has a promising growth potential due to several factors, including the technological advancements in LED technology, rising number of government initiatives to promote the adoption of CEA practices, growing demand for food owing to the continuously increasing population, and ongoing legalization of cannabis cultivation. Moreover, incre...
Source: prnewswire.com