Electronics and Semiconductor Europe Horticulture Lighting Market...

Europe Horticulture Lighting Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Technology (Fluorescent Lamps, High Intensity Discharge Lights, and LED Lights), Application (Greenhouses, Vertical Farming, and Indoor Farming), and Cultivation (Fruits and Vegetables and Floriculture)

Publication Month: Sep 2020 | Report Code: TIPRE00014165 | No. of Pages: 83 | Category: Electronics and Semiconductor | Status: Published

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The horticulture lighting market in Europe is expected to grow from US$ 991.1 million in 2019 to US$ 3767.9 million by 2027; it is estimated to grow at a CAGR of 18.8 % from 2020 to 2027.

 

The France, Germany, UK, Italy and Russia are major economies in Europe. Rising population and advancements in greenhouse and indoor farming approaches is expected to surge the Europe horticulture lighting market in a positive way. Due to the population boom witnessed in European Countries, massive demand for food products is anticipated in the coming years. This is why numerous countries are focusing on greenhouse and indoor farming techniques to increase their agricultural yield significantly. Still, with the growing popularity of the concepts of horticulture and indoor crop cultivation, the Europe horticulture lighting market is expected to pace up quickly in the near future as the farmers are adopting big data technologies, predictive analytics, the internet of things (IoT), and automation in the farming techniques. For example, a research company in Europe is currently testing a robot that picks mushrooms. Such developments and research initiatives taken in the horticulture field are driving the growth of the Europe horticulture lighting market. Thus, the advancements in greenhouse and indoor farming approaches a well as rising population in Europe is expected to create significant demand for horticulture lighting in the coming years, which is further anticipated to drive the market in Europe.

Moreover, in case of COVID-19, Spain, Italy, Germany, UK, and France are some of the worst affected member states in the European region. Businesses in the region face severe economic difficulties as they had to suspend their operations or substantially reduce their activities. In the region, imports of produce from countries such as China, India, and South Africa have slowed owing to this pandemic. But Spain has increased its imports from Morocco since the start of the pandemic to guarantee the supply of fresh vegetables and fruits in Europe. Further, owing to lockdown across region, there has been a halt in business operation. Various businesses in the countries of Europe either had to suspend their operations or reduce their activities in a substantial manner which resulted in supply and demand disruptions and thus affected the sales of companies operating in the region. All these factors are expected to have a direct impact on horticulture lighting market growth in European countries. Horticulture lighting market in Italy, Spain, Germany, UK, and France is anticipated to see the worst impact in 2020 and likely in 2021.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe horticulture lighting market. The Europe horticulture lighting market is expected to grow at a good CAGR during the forecast period.

                                                 Europe Horticulture Lighting Market

                             Europe Horticulture Lighting Market

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Europe Horticulture Lighting Market Segmentation

 

Europe Horticulture Lighting Market – By Technology

  • LED Lights
  • High Intensity Discharge Lights
  • Fluorescent Lamps

 

Europe Horticulture Lighting Market – By Application

  • Greenhouses
  • Vertical Farming
  • Indoor Farming

Europe Horticulture Lighting Market – By Cultivation

  • Fruits and Vegetables
  • Floriculture

Europe Horticulture Lighting Market, by Country

  • France
  • Germany
  • Italy
  • UK
  • Russia
  • Rest of Europe

Europe Horticulture Lighting Market -Companies Mentioned

  • Agrolux
  • General Electric Company
  • Heliospectra AB
  • Hortilux Schréder B.V
  • Hubbell, Inc.
  • Lumileds Holding B.V.
  • OSRAM Licht AG
  • Signify N.V.

 

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        Europe Horticulture Lighting Market – By Technology

1.3.2        Europe Horticulture Lighting Market – By Application

1.3.3        Europe Horticulture Lighting Market – By Cultivation

1.3.4        Europe Horticulture Lighting Market- By Country

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           Europe Horticulture Lighting Market Landscape

4.1         Market Overview

4.2         Europe PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           Europe Horticulture Lighting Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Surge in Government Initiatives

5.1.2        Rising Population and Advancements in Greenhouse and Indoor Farming Approaches

5.2         Market Restraints

5.2.1        Insufficient Awareness and High Costs Involved

5.3         Market Opportunities

5.3.1        Increase in Importance of Vertical Farming

5.4         Future Trends

5.4.1        LED Lighting to Open New Growth Prospect

5.5         Impact Analysis of Drivers and Restraints

6.           Horticulture Lighting Market – Europe Analysis

6.1         Europe Horticulture Lighting Market Overview

6.2         Europe Horticulture Lighting Market – Revenue and Forecast to 2027 (US$ Million)

6.3         Market Positioning – Five Key Players

7.           Europe Horticulture Lighting Market Analysis – By Technology

7.1         Overview

7.2         Europe Horticulture Lighting Market, By Technology (2019 and 2027)

7.3         LED Lights

7.3.1        Overview

7.3.2        LED Lights: Horticulture Lighting Market – Revenue and Forecast to 2027 (US$ Million)

7.4         High Intensity Discharge Lights

7.4.1        Overview

7.4.2        High Intensity Discharge Lights: Horticulture Lighting Market – Revenue and Forecast to 2027 (US$ Million)

7.5         Fluorescent Lamps

7.5.1        Overview

7.5.2        Fluorescent Lamps: Horticulture Lighting Market – Revenue and Forecast to 2027 (US$ Million)

8.           Europe Horticulture Lighting Market Analysis – By Application

8.1         Overview

8.2         Europe Horticulture Lighting Market, By Application (2019 and 2027)

8.3         Greenhouses

8.3.1        Overview

8.3.2        Greenhouses: Horticulture Lighting Market – Revenue and Forecast to 2027 (US$ Million)

8.4         Vertical Farming

8.4.1        Overview

8.4.2        Vertical Farming: Horticulture Lighting Market – Revenue and Forecast to 2027 (US$ Million)

8.5         Indoor Farming

8.5.1        Overview

8.5.2        Indoor Farming: Horticulture Lighting Market – Revenue and Forecast to 2027 (US$ Million)

9.           Europe Horticulture Lighting Market Analysis – By Cultivation

9.1         Overview

9.2         Europe Horticulture Lighting Market Breakdown, by Cultivation, 2019 & 2027

9.3         Fruits and Vegetables

9.3.1        Overview

9.3.2        Fruits and Vegetables Market Revenue and Forecast to 2027 (US$ Million)

9.4         Floriculture

9.4.1        Overview

9.4.2        Floriculture Market Revenue and Forecast to 2027 (US$ Million)

10.        Europe Horticulture Lighting Market – Country Analysis

10.1      Overview

10.1.1     Europe: Horticulture Lighting Market, by Key Country

10.1.1.1       Germany: Horticulture Lighting Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.1.1       Germany: Horticulture Lighting Market, by Technology

10.1.1.1.2       Germany: Horticulture Lighting Market, by Application

10.1.1.1.3       Germany: Horticulture Lighting Market, by Cultivation

10.1.1.2       France: Horticulture Lighting Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.2.1       France: Horticulture Lighting Market, by Technology

10.1.1.2.2       France: Horticulture Lighting Market, by Application

10.1.1.2.3       France: Horticulture Lighting Market, by Cultivation

10.1.1.3       Italy: Horticulture Lighting Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.3.1       Italy: Horticulture Lighting Market, by Technology

10.1.1.3.2       Italy: Horticulture Lighting Market, by Application

10.1.1.3.3       Italy: Horticulture Lighting Market, by Cultivation

10.1.1.4       UK: Horticulture Lighting Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.4.1       UK: Horticulture Lighting Market, by Technology

10.1.1.4.2       UK: Horticulture Lighting Market, by Application

10.1.1.4.3       UK: Horticulture Lighting Market, by Cultivation

10.1.1.5       Russia: Horticulture Lighting Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.5.1       Russia: Horticulture Lighting Market, by Technology

10.1.1.5.2       Russia: Horticulture Lighting Market, by Application

10.1.1.5.3       Russia: Horticulture Lighting Market, by Cultivation

10.1.1.6       Rest of Europe: Horticulture Lighting Market – Revenue and Forecast to 2027 (US$ Million)

10.1.1.6.1       Rest of Europe: Horticulture Lighting Market, by Technology

10.1.1.6.2       Rest of Europe: Horticulture Lighting Market, by Application

10.1.1.6.3       Rest of Europe: Horticulture Lighting Market, by Cultivation

11.        Europe Horticulture Lighting Market- COVID-19 Impact Analysis

11.1      Europe: Impact Assessment of COVID-19 Pandemic

12.        Industry Landscape

12.1      Market Initiative

12.2      Merger and Acquisition

12.3      New Development

13.        Company Profiles

13.1      Agrolux

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2      Signify N.V.

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      Heliospectra AB

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4      Lumileds Holding B.V.

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5      Hortilux Schréder B.V.

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6      OSRAM Licht AG

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7      General Electric Company

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

13.8      Hubbell, Inc.

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6     Key Developments

14.        Appendix

14.1      About The Insight Partners

            14.2      Word Index

LIST OF TABLES

Table 1.             Europe Horticulture Lighting Market – Revenue and Forecast to 2027 (US$ Million)

Table 2.             Germany: Horticulture Lighting Market, by Technology –Revenue and Forecast to 2027 (US$ Million)

Table 3.             Germany: Horticulture Lighting Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 4.             Germany: Horticulture Lighting Market, by Cultivation –Revenue and Forecast to 2027 (US$ Million)

Table 5.             France: Horticulture Lighting Market, by Technology –Revenue and Forecast to 2027 (US$ Million)

Table 6.             France: Horticulture Lighting Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 7.             France: Horticulture Lighting Market, by Cultivation –Revenue and Forecast to 2027 (US$ Million)

Table 8.             Italy: Horticulture Lighting Market, by Technology –Revenue and Forecast to 2027 (US$ Million)

Table 9.             Italy: Horticulture Lighting Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 10.          Italy: Horticulture Lighting Market, by Cultivation –Revenue and Forecast to 2027 (US$ Million)

Table 11.          UK: Horticulture Lighting Market, by Technology –Revenue and Forecast to 2027 (US$ Million)

Table 12.          UK: Horticulture Lighting Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 13.          UK: Horticulture Lighting Market, by Cultivation –Revenue and Forecast to 2027 (US$ Million)

Table 14.          Russia: Horticulture Lighting Market, by Technology –Revenue and Forecast to 2027 (US$ Million)

Table 15.          Russia: Horticulture Lighting Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 16.          Russia: Horticulture Lighting Market, by Cultivation –Revenue and Forecast to 2027 (US$ Million)

Table 17.          Rest of Europe: Horticulture Lighting Market, by Technology –Revenue and Forecast to 2027 (US$ Million)

Table 18.          Rest of Europe: Horticulture Lighting Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 19.          Rest of Europe: Horticulture Lighting Market, by Cultivation –Revenue and Forecast to 2027 (US$ Million)

Table 20.            List of Abbreviation

LIST OF FIGURES

Figure 1.           Europe Horticulture Lighting Market Segmentation

Figure 2.           Europe Horticulture Lighting Market Segmentation – By Country

Figure 3.           Europe Horticulture Lighting Market Overview

Figure 4.           LED Lights Segment Held the Largest Market Share Based on Technology

Figure 5.           Greenhouses Segment Held the Largest Market Share Based on Application

Figure 6.           Fruits and Vegetable Segment Held the Largest Market Share Based on Cultivation

Figure 7.           France is Expected to be Fastest Growing Country During Forecast Period

Figure 8.           Europe: PEST Analysis

Figure 9.           Expert Opinion

Figure 10.        Europe Horticulture Lighting Market: Impact Analysis of Drivers and Restraints

Figure 11.        Europe Horticulture Lighting Market – Revenue and Forecast to 2027 (US$ Million)

Figure 12.        Europe Horticulture Lighting Market Revenue Share, by Technology (2019 and 2027)

Figure 13.        Europe LED Lights: Horticulture Lighting Market – Revenue and Forecast to 2027 (US$ Million)

Figure 14.        Europe High Intensity Discharge Lights: Horticulture Lighting Market – Revenue and Forecast to 2027 (US$ Million)

Figure 15.        Europe Fluorescent Lamps: Horticulture Lighting Market – Revenue and Forecast to 2027 (US$ Million)

Figure 16.        Europe Horticulture Lighting Market Revenue Share, by Application (2019 and 2027)

Figure 17.        Europe Greenhouses: Horticulture Lighting Market – Revenue and Forecast to 2027 (US$ Million)

Figure 18.        Europe Vertical Farming: Horticulture Lighting Market – Revenue and Forecast to 2027 (US$ Million)

Figure 19.        Europe Indoor Farming: Horticulture Lighting Market – Revenue and Forecast to 2027 (US$ Million)

Figure 20.        Europe Horticulture Lighting Market Breakdown, by Cultivation (2019 and 2027)

Figure 21.        Europe Fruits and Vegetables Market Revenue and Forecast to 2027(US$ Million)

Figure 22.        Europe Floriculture Market Revenue and Forecast to 2027(US$ Million)

Figure 23.        Europe: Horticulture Lighting Market Revenue Share, By Key Country (2019 and 2027)

Figure 24.        Germany: Horticulture Lighting Market – Revenue and Forecast To 2027 (US$ Million)

Figure 25.        France: Horticulture Lighting Market – Revenue and Forecast To 2027 (US$ Million)

Figure 26.        Italy: Horticulture Lighting Market – Revenue and Forecast To 2027 (US$ Million)

Figure 27.        UK: Horticulture Lighting Market – Revenue and Forecast To 2027 (US$ Million)

Figure 28.        Russia: Horticulture Lighting Market – Revenue and Forecast To 2027 (US$ Million)

Figure 29.        Rest of Europe: Horticulture Lighting Market – Revenue and Forecast To 2027 (US$ Million)

Figure 30.        Impact of COVID-19 Pandemic on Europe Country Markets



The List of Companies - Europe Horticulture Lighting Market

  1. Agrolux
  2. General Electric Company
  3. Heliospectra AB
  4. Hortilux Schréder B.V
  5. Hubbell, Inc.
  6. Lumileds Holding B.V.
  7. OSRAM Licht AG
  8. Signify N.V.

 

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe horticulture lighting market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the Europe horticulture lighting market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the horticulture lighting market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution. 
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