India Horticulture Lighting Market, By Cultivation, 2018–2026 (USD Million)

Year FRUITS & VEGETABLES FLORICULTURE
2018 $ 12.1 $ 9.0
2019 $ 14.3 $ 10.8
2020 $ 15.5 $ 11.8
2021 $ 16.9 $ 13.0
2022 $ 19.0 $ 14.7
2023 $ 21.9 $ 17.0
2024 $ 25.8 $ 20.2
2025 $ 31.2 $ 24.7
2026 $ 38.7 $ 30.8
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India Horticulture Lighting Market, By Cultivation, 2018–2026 (USD Million)

Synopsis
The above chart is India Horticulture Lighting Market, By Cultivation, 2018–2026 (USD Million)

Market Dynamics

the horticulture industry in india has been rapidly growing in recent years, due to the increasing demand for fresh produce and the need for efficient and sustainable methods of cultivation. this has led to the rise in the demand for horticulture lighting market in the country. horticulture lighting involves the use of artificial lighting to promote plant growth and cultivation, particularly in indoor and greenhouse settings. one of the main factors driving the demand for horticulture lighting in india is the rising population and increasing urbanization. as more people move to urban areas, the demand for fresh produce continues to rise, putting pressure on farmers to increase their yield and production methods. with limited available land for cultivation, the use of horticulture lighting allows for year-round production and higher yields, thus meeting the growing demand for fresh produce. another factor contributing to the demand for horticulture lighting in india is the government's initiatives to promote sustainable and energy-efficient methods of cultivation. the government has introduced various schemes and subsidies to encourage farmers to adopt horticulture lighting technologies. this has led to an increase in the uptake of horticulture lighting systems in the country. the demand for horticulture lighting varies based on the type of cultivation. for example, in the ornamental plant segment, the demand for lighting is high due to the need for precise control over plant growth and flowering. on the other hand, in the vegetable and fruit segment, the demand is driven by the need for increased production and a longer growing season. thus, the type of cultivation plays a crucial role in determining the demand for horticulture lighting in india. moreover, the horticulture lighting market in india is also witnessing a shift towards the use of led lighting systems. led lights are more energy-efficient and have a longer lifespan compared to traditional lighting systems, making them a more cost-effective option for farmers. the increasing availability of led lights and the declining prices have further fueled their adoption in the horticulture sector. in conclusion, the demand for horticulture lighting in india is expected to continue to grow in the coming years, driven by factors such as population growth, government initiatives, and a shift towards more efficient and sustainable methods of cultivation. the horticulture lighting market in india presents significant opportunities for manufacturers and suppliers to cater to the increasing demand and contribute to the country's agricultural development.

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