Horticulture Lighting Market by Technology by MarketsandMarkets™ - Energy Watch News

Horticulture Lighting Market by Technology by MarketsandMarkets™

The overall horticulture lighting market was valued at USD 2.08 billion in 2017 and is expected to reach USD 6.21 billion by 2023, at a CAGR of 20.61% from 2018 to 2023. APAC is expected to be the fastest-growing market for horticulture lighting. Growing urbanization in the developing countries of this region positively affects the growth of the horticulture lighting market owing to the rapid population growth and availability of limited agricultural land. APAC constitutes thriving economies, such as Japan, China, India, and Australia, which are expected to register high growth rates in the horticulture lighting market. https://www.marketsandmarkets.com/Market-Reports/horticulture-lighting-market-131559722.html

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