Global Cannabis Lighting Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Cannabis Lighting Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Cannabis Lighting market size was valued at USD 4976 million in 2023 and is forecast to a readjusted size of USD 8656.1 million by 2030 with a CAGR of 8.2% during review period.

The North American Cannabis lighting market is one of the most exciting potential markets for packaged LEDs today. It is the fastest growing sector within the global horticultural lighting market and will continue to have a massive impact on the market for the foreseeable future. Incumbent lighting technologies, including high pressure sodium, metal halide and fluorescent to name a few, are being replaced in large quantities by with LED. While energy efficiency continues to be a factor, additional benefits, namely increased plant productivity is the main drivers behind this growth in the market.

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The Global Info Research report includes an overview of the development of the Cannabis Lighting industry chain, the market status of Commercial Greenhouses (Light Emitting Diodes (LEDs), Fluorescent Light), Indoor Grow Facilities (Light Emitting Diodes (LEDs), Fluorescent Light), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Cannabis Lighting.

Regionally, the report analyzes the Cannabis Lighting markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Cannabis Lighting market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Cannabis Lighting market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Cannabis Lighting industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Light Emitting Diodes (LEDs), Fluorescent Light).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Cannabis Lighting market.

Regional Analysis: The report involves examining the Cannabis Lighting market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Cannabis Lighting market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Cannabis Lighting:

Company Analysis: Report covers individual Cannabis Lighting manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Cannabis Lighting This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Commercial Greenhouses, Indoor Grow Facilities).

Technology Analysis: Report covers specific technologies relevant to Cannabis Lighting. It assesses the current state, advancements, and potential future developments in Cannabis Lighting areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Cannabis Lighting market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Cannabis Lighting market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Light Emitting Diodes (LEDs)
Fluorescent Light
Metal Halide Light
High Pressure Sodium Light
Others

Market segment by Application
Commercial Greenhouses
Indoor Grow Facilities
Research Applications

Major players covered
Signify
GE Lighting
Osram
Cree LED
Hubbell Lighting
Gavita
Lumigrow
Everlight Electronics
Valoya
Heliospectra AB
Cidly
Cultilux
Vivosun

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Cannabis Lighting product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Cannabis Lighting, with price, sales, revenue and global market share of Cannabis Lighting from 2019 to 2024.

Chapter 3, the Cannabis Lighting competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Cannabis Lighting breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Cannabis Lighting market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Cannabis Lighting.

Chapter 14 and 15, to describe Cannabis Lighting sales channel, distributors, customers, research findings and conclusion.