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Middle East & Africa horticulture lighting market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 15.2% in the forecast period of 2020 to 2027 and expected to reach USD 919.51 million by 2027 from USD 296.27 million in 2019. Increasing demand of organic food, accelerates the adoption of farming technologies such as indoor and vertical farming, which drives the market for horticulture lighting in the Middle East & Africa region.
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Note – The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on ‘Middle East and Africa Horticulture Lighting Market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast, factoring the impact of COVID -19 Situation.
Scope of the study:
The report conducts a detailed analysis of the evolving market dynamics
It gives a holistic view of various drivers and restraints operating in the market
The forecast spans 6 years and predicts the prospective progress of the sector
It categorizes the prominent product segments and their future growth scenario
The market insights derived after a thorough investigation of the industrial segments and sub segments enable readers make informed decisions.
Middle East & Africa horticulture lighting market is growing due to high demand of nutritious food is expected to grow at the significant growth rate in the forecast period of 2020 to 2027.The market players in the Middle East & Africa horticulture lighting market are taking initiatives to enhance the market. For instance, In May, OSRAM’s Fluence introduced horticultural led lighting alternatives for the EMEA (European and Middle East and Africa) industry. These full-spectrum LED lights will substitute traditional lighting and assist growers generate plants of high quality. This will assist OSRAM to expand its client base in both the European and Middle East and Africa (EMEA) markets.
List of Best Players profiled in Middle East and Africa Horticulture Lighting Market Report;
The major players covered in the report are Signify Holding, SAMSUNG, Cree, Inc, OSRAM GmbH., among other domestic and regional players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
In August 2019, TE Connectivity launched ELCON Micro Wire-to-Board Solutions which helps to prevent the plugs mating in the wrong way. It can provide current up to 12.5A per pin and is extremely reliable. This product launch helps the company to offer wide range of products to customers which caters the requirement of high current in limited space.
In June 2018, TE Connectivity has launched ELCON Micro Power Connectors which can deliver 12.5A per pin current when used with industry footprint of 3.0mm. These connectors can be useful for switches, servers, testing machines and storage devices. This development helps the company to enhance their product portfolio by providing flexible connectors.
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Key Regions and Countries Studied in this report:
|Regions||Middle East & Africa|
|Egypt and South Africa|
The titled segments and sub-section of the market are illuminated below:
By Offering (Hardware, Software & Services), Deployment (Turnkey, Retrofit), Technology (Fluorescent Lamps, HID Lights, LED Lights, Other), Lighting Type (Toplighting, Interlighting), Cultivation (Fruits & Vegetables, Floriculture), Application (Greenhouses, Vertical Farming,s Indoor Farming, Others), Country (Middle East & Africa, South America, Middle East & Africa, Asia-Pacific, Middle East and Africa)
A conscious effort is made by the subject matter experts to analyse how some business owners succeed in maintaining a competitive edge while the others fail to do so makes the research interesting. A quick review of the realistic competitors makes the overall study a lot more interesting. Opportunities that are helping product owners’ size up their business further add value to the overall study.
Answers that the report acknowledges:
Market size and growth rate during forecast period.
Key factors driving the Middle East and Africa Horticulture Lighting Market
Key market trends cracking up the growth of the Middle East and Africa Horticulture Lighting Market
Challenges to market growth
Key vendors of Middle East and Africa Horticulture Lighting Market
Detailed SWOT analysis
Opportunities and threats faces by the existing vendors in Middle East and Africa Horticulture Lighting Market
Trending factors influencing the market in the geographical regions
Strategic initiatives focusing the leading vendors
PEST analysis of the market in the five major regions
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(**NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.)
Analysts have also highlighted the potential restraints present in the Middle East and Africa Horticulture Lighting market. With the help of market experts the report points out what changes companies can make to overcome these hurdles over the forecast years.
Middle East and Africa Horticulture Lighting Market Professional Survey Report 2020
Industry Overview of Middle East and Africa Horticulture Lighting
Manufacturing Cost Structure Analysis of Middle East and Africa Horticulture Lighting
Technical Data and Manufacturing Plants Analysis of Middle East and Africa Horticulture Lighting
Middle East and Africa Horticulture Lighting Overall Market Overview
Middle East and Africa Horticulture Lighting Regional Market Analysis
2012-2019 Middle East and Africa Horticulture Lighting Segment Market Analysis to 2020-2027 (by Type)
2012-2019 Middle East and Africa Horticulture Lighting Segment Market Analysis 2020-2027 (by Application)
Major Manufacturers Analysis of Middle East and Africa Horticulture Lighting
Development Trend of Analysis of Middle East and Africa Horticulture Lighting Market
Middle East and Africa Horticulture Lighting Marketing Type Analysis
Consumers Analysis of Middle East and Africa Horticulture Lighting
Conclusion of the Middle East and Africa Horticulture Lighting Market Professional Survey Report 2020
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