Canada Horticulture Lighting Market, By Lighting Type, 2018–2026 (USD Million)
Synopsis
The above chart is Canada Horticulture Lighting Market, By Lighting Type, 2018–2026 (USD Million)
Market Dynamics
the horticulture industry in canada has been rapidly expanding, with an increasing focus on efficient and sustainable methods of plant cultivation. as a result, there has been a growing demand for horticulture lighting in the country. the canadian horticulture lighting market, by lighting type, is expected to witness significant growth from 2018 to 2026.
one of the major drivers of this demand is the increasing adoption of controlled-environment agriculture (cea) practices in canada. cea refers to the use of technology, including horticulture lighting, to control and optimize plant growth within a closed environment. this enables year-round production of high-quality crops, reduces dependence on weather conditions, and minimizes the use of pesticides.
there are various types of horticulture lighting used in cea, including led, high-intensity discharge (hid), and fluorescent lighting. led lighting is expected to dominate the market due to its energy efficiency, longer lifespan, and ability to be customized for specific plant needs. moreover, the declining prices of led lights have also contributed to their popularity in the horticulture industry.
another factor driving the demand for horticulture lighting in canada is the increasing demand for locally grown and organic produce. with the rise of health-conscious consumers, there has been a growing preference for fresh, chemical-free fruits and vegetables. this has led to an increase in demand for greenhouse-grown produce, which requires horticulture lighting for year-round production.
in addition, the canadian government has been promoting sustainable agriculture practices, including the use of horticulture lighting, through various initiatives and funding programs. for instance, the strategic innovation fund (sif) provides funding for innovative projects that help reduce greenhouse gas emissions and improve energy efficiency in the agriculture sector.
however, the high initial costs associated with horticulture lighting systems and the lack of skilled labor in the sector are some of the challenges that may hinder market growth. furthermore, the strict regulations in canada regarding the use of pesticides and fertilizers also necessitate the use of horticulture lighting for optimal plant growth.
in conclusion, the demand for horticulture lighting in canada is expected to witness significant growth in the coming years, driven by the increasing adoption of cea practices, rising demand for locally grown and organic produce, and government initiatives promoting sustainable agriculture. as the industry continues to evolve and innovate, we can expect further advancements in horticulture lighting technology and techniques in the future.