Guidehouse Insights Report Forecasts Horticulture LED Lighting Shipments to Grow at a CAGR of 33% by 2030
According to a new report from Guidehouse Insights, worldwide horticulture LED lighting shipments are expected to grow at a CAGR of 33% by 2030.
- According to a new report from Guidehouse Insights, worldwide horticulture LED lighting shipments are expected to grow at a CAGR of 33% by 2030.
- In the coming months and years, lighting experts anticipate the use of LED lighting will increase and dominate the market, with legacy technologies falling behind, says Krystal Maxwell, research director with Guidehouse Insights.
- The report, LED Lighting for Horticultural Applications , provides a study of the global market potential for horticultural lighting with a focus on LEDs, covering unit sales and revenue.
- Neither Guidehouse Insights nor Guidehouse undertakes any obligation to update any of the information contained in this press release or the report.