LED Farming Market Size, Value, and Competitive Overview:
[160 Pages Research Report] The global LED Farming Market size was valued at USD YY billion in 2021, and the market is projected to reach USD YY billion by the end of 2023, with growth at a CAGR of YY% during the forecast report 2022-2030.
The report covers detailed information on market size, Share, Growth, Value, Volume Analysis, Demand analysis, new market entry, competition insights, market drivers, challenges, opportunities, and Restraints, company profile analysis, company revenue, Strategies, Sales, company acquisition, partnership, mergers, and latest trends in the industry, regional, country level insight and competitive intelligence data will be provided in our research reports.
Furthermore, the global market is geographically divided into major regions, and countries such as North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. And some of the major countries focused in our research are; the United States, Canada, United Kingdom, Spain, Germany, Italy, Mexico, Russia, Ukraine, China, Japan, South Korea, India, Singapore, Malaysia, Australia, Qatar, Kingdom of Saudi Arabia, South Africa, and more countries will be covered in our research study.
Market Segmentation:
By Application:
Vertical Farming
Indoor Farming
Commercial Greenhouse
Turf & Landscaping
Other Applications
By Wavelength
Blue Wavelength
Red Wavelength
Far Red Wavelength
By Crop Type:
Fruits & Vegetables
Herbs & Microgreens
Flowers & Ornamentals
Other Crop types
Geographical Classification Analysis:
North America
Latin America
Europe
Middle East and Africa
Asia Pacific
Rest of the Globe
Regional Insights:
North American market to remain in control over the global market during 2022-2030. In the North American region, the United States occupied the highest share of the market in this region, and the US country is projected to follow the same trend over the forecast time 2022-2030, followed by Canada.
Europe holds the second largest share producer in the global LED Farming Market during the forecast period 2022-2030. Asia Pacific region is expected to be registered as the fastest-growing market in the global market by 2030.
The market in the Middle East and Africa is projected to show prominent growth opportunities in the coming years from 2022-2030. Due to the rising focus from the government of the Middle East and African countries on emerging healthcare infrastructure manufacturing and distribution are mostly contributing to the global market in the MEA region.
The Latin American LED Farming Market registered a substantial share of the global market in 2022, and it is projected to remain its presence in the market.
Some of the Prominent companies profiled in the market are:
Koninklijke Philips N.V.
Gavita International B.V.
General Electric Company
OSRAM Opto Semiconductors GmbH
Heliospectra AB
Hortilux Schreder B.V.
Illumitex
LumiGrow
Smart Grow Systems, Inc.
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LED Farming Market