South America Horticulture Lighting Market to Grow at a CAGR of XXXX% to reach US$ XXXX Million from 2020 to 2027

South America 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: TIPRE00014176 | No. of Pages: 68 | Category: Electronics and Semiconductor | Status: Published
Covid

The horticulture lighting market in SAM is expected to grow from US$ 161.6 million in 2019 to US$ 580.6 million by 2027; it is estimated to grow at a CAGR of 18.0% from 2020 to 2027.

Brazil and Argentina are major economies in SAM. Government initiatives on rise is expected to positively affect the SAM horticulture lighting market. Growing awareness about sustainable cropland increasing government initiatives in various developed as well as developing countries to support sustainability are expected to boost the adoption rate of SAM horticultural lighting systems during the forecast period. For example, horticulturalists across the Brazil, good exporter of agricultural products, are experimenting with the use of multi-colored LEDs for potential yield enhancement, product quality and taste improvement, as well as cost reduction of greenhouse energy. Similarly, the Argentina government is focusing on the deployment of a geothermal heat plant, which involves drilling at great depths through stratum and installing heat exchangers. Through various incentives such as soft loans and tax breaks, the government has supported the growers. Furthermore, the legalization of cannabis for medicinal purposes by various governments all over SAM in the past few years is accelerating the growth of the market. In Argentina, cannabis purchases have been fully authorized across the country as well. SAM is among advanced region regarding cannabis legalization for medicinal purposes. Countries, such as Brazil, Argentina have fully legalized medical cannabis access. Such initiatives taken by the government is the primary driving factor for the SAM horticulture lighting market. Thus, the recent rise seen in government initiatives is expected to create a significant demand for horticulture lighting in the coming years, which is further anticipated to drive the market in SAM. Also, the COVID-19 pandemic is having severe impact over the SAM region. Brazil has the highest number of COVID-19 confirmed cases, followed by other countries such as Ecuador, Peru, Chile, and Argentina. The governments of various countries in SAM are taking several initiatives to protect people and to control COVID-19’s spread in the region through lockdowns, trade bans, and travel restrictions. These measures are expected to have a direct impact on the region’s economic growth as the region will face lower export revenues, both from the drop in commodity prices and reduction in export volumes, especially to major trading partners such as China, Europe, and North America. At present, the total number of cases in Brazil accounted for 3,627,217 out of which 115,451 total deaths are recorded. The sharp decline in the sales of various horticulture lightning products in the region due to lockdown measures is expected to directly impact the growth of the horticulture lightning market in this region. The sharp decline in business activities and product sales are expected to directly affect the growth rate of the horticulture lightning market in SAM region for the next three to four quarters.

 

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 SAM horticulture lighting market. The MEA horticulture lighting market is expected to grow at a good CAGR during the forecast period.

Get more information on this report :

SAM Horticulture Lighting Market Segmentation

 

SAM Horticulture Lighting Market – By Technology

  • LED Lights
  • High Intensity Discharge Lights
  • Fluorescent Lamps

 

SAM Horticulture Lighting Market – By Application

  • Greenhouses
  • Vertical Farming
  • Indoor Farming

 

SAM Horticulture Lighting Market – By Cultivation

  • Fruits and Vegetables
  • Floriculture

SAM Horticulture Lighting Market, by Country

  • Brazil
  • Argentina
  • Rest of SAM

SAM Horticulture Lighting Market -Companies Mentioned

  • General Electric Company
  • Hubbell, Inc.
  • Lumileds Holding B.V.
  • OSRAM Licht AG
  • Signify N.V.

TABLE OF CONTENTS

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        SAM Horticulture Lighting Market – By Technology

1.3.2        SAM Horticulture Lighting Market – By Application

1.3.3        SAM Horticulture Lighting Market – By Cultivation

1.3.4        SAM Horticulture Lighting Market- By Country

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           SAM Horticulture Lighting Market Landscape

4.1         Market Overview

4.2         SAM PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           SAM Horticulture Lighting Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Government Initiatives on Rise

5.1.2        Improvements in Greenhouse and Indoor Farming Techniques Along With Rising Population

5.2         Market Restraints

5.2.1        Association of High Costs and Low Awareness

5.3         Market Opportunities

5.3.1        Vertical Farming Getting Attention

5.4         Future Trends

5.4.1        More Growth Opportunities to Come up due to LED Lighting

5.5         Impact Analysis of Drivers and Restraints

6.           Horticulture Lighting Market – SAM Analysis

6.1         Horticulture Lighting Market SAM Overview

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

6.3         Market Positioning – Five Key Players

7.           SAM Horticulture Lighting Market Analysis – By Technology

7.1         Overview

7.2         SAM 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.           SAM Horticulture Lighting Market Analysis – By Application

8.1         Overview

8.2         SAM 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.           SAM Horticulture Lighting Market Analysis – By Cultivation

9.1         Overview

9.2         SAM 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.        SAM Horticulture Lighting Market – Country Analysis

10.1      Overview

10.1.1     SAM: Horticulture Lighting Market, by Key Country

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

10.1.1.1.1       Brazil: Horticulture Lighting Market, by Technology

10.1.1.1.2       Brazil: Horticulture Lighting Market, by Application

10.1.1.1.3       Brazil: Horticulture Lighting Market, by Cultivation

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

10.1.1.2.1       Argentina: Horticulture Lighting Market, by Technology

10.1.1.2.2       Argentina: Horticulture Lighting Market, by Application

10.1.1.2.3       Argentina: Horticulture Lighting Market, by Cultivation

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

10.1.1.3.1       Rest of SAM: Horticulture Lighting Market, by Technology

10.1.1.3.2       Rest of SAM: Horticulture Lighting Market, by Application

10.1.1.3.3       Rest of SAM: Horticulture Lighting Market, by Cultivation

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

11.1      SAM

12.        Industry Landscape

12.1      Market Initiative

12.2      Merger and Acquisition

12.3      New Development

13.        Company Profiles

13.1      Signify N.V.

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      Lumileds Holding B.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      OSRAM Licht AG

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      General Electric Company

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      Hubbell, Inc.

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

14.        Appendix

14.1      About The Insight Partners

            14.2      Word Index

LIST OF TABLES

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

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

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

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

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

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

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

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

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

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

Table 11.          List of Abbreviation


LIST OF FIGURES

Figure 1.           SAM Horticulture Lighting Market Segmentation

Figure 2.           SAM Horticulture Lighting Market Segmentation – By Country

Figure 3.           SAM 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 Vegetables Segment Held the Largest Market Share Based on Cultivation

Figure 7.           Brazil to Show Great Traction During Forecast Period

Figure 8.           SAM: PEST Analysis

Figure 9.           Expert Opinion

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Figure 26.        Rest of SAM: Horticulture Lighting Market – Revenue and Forecast to 2027 (US$ Million)

Figure 27.          Impact of COVID-19 Pandemic in SAM Country Markets




The List of Companies - South America Horticulture Lighting Market

  1. General Electric Company
  2. Hubbell, Inc.
  3. Lumileds Holding B.V.
  4. OSRAM Licht AG
  5. Signify N.V.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the SAM 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 SAM 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 SAM 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.
TIPRE00014176
Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Pricing