South America Horticulture Lighting Market By Technology Forecast (2018-2024)
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Year HIGH-INTENSITY DISCHARGE LIGHT FLUORESCENT LAMPS LED LIGHT OTHERS
2018 $ 57.0 $ 49.4 $ 34.1 $ 19.2
2019 $ 66.2 $ 56.6 $ 40.2 $ 21.8
2020 $ 77.0 $ 65.0 $ 47.3 $ 24.9
2021 $ 89.8 $ 74.7 $ 55.9 $ 28.3
2022 $ 105.1 $ 86.1 $ 66.2 $ 32.4
2023 $ 123.4 $ 99.5 $ 78.8 $ 37.3
2024 $ 145.6 $ 115.7 $ 94.2 $ 43.0
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South America Horticulture Lighting Market By Technology Forecast (2018-2024)

Synopsis
The above chart is Global Horticulture Lighting market [2018-2024] South America by Technology

Market Dynamics

high intensity discharge light segment accounted for the largest market share in 2018, this market is expected to reach usd 145.60 million in 2024 from usd 57.00 million in 2018. this market is projected to grow at a cagr of 17.07% during the forecast period from 2019 - 2024. however, led light segment is the fastest growing market, which is expected to grow at a cagr of 18.57% during the forecast period 2019 - 2024.

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