Middle East and Africa Horticulture Lighting Market By Application Forecast (2018-2024)
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Year GREENHOUSE INDOOR FARMING VERTICAL FARMING APPLICATION_OTHERS
2018 $ 131.9 $ 98.6 $ 75.8 $ 21.0
2019 $ 153.4 $ 115.2 $ 89.0 $ 24.4
2020 $ 178.7 $ 134.7 $ 104.6 $ 28.3
2021 $ 208.6 $ 158.0 $ 123.3 $ 32.9
2022 $ 244.2 $ 185.8 $ 145.8 $ 38.5
2023 $ 287.0 $ 219.4 $ 173.1 $ 45.1
2024 $ 339.1 $ 260.4 $ 206.6 $ 53.2
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Middle East and Africa Horticulture Lighting Market By Application Forecast (2018-2024)

Synopsis
The above chart is Global Horticulture Lighting market [2018-2024] Middle East and Africa by Application

Market Dynamics

greenhouse segment accounted for the largest market share in 2018, this market is expected to reach usd 339.10 million in 2024 from usd 131.90 million in 2018. this market is projected to grow at a cagr of 17.19% during the forecast period from 2019 - 2024. however, vertical farming segment is the fastest growing market, which is expected to grow at a cagr of 18.34% during the forecast period 2019 - 2024.

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