An estimated US$ 12.1 billion will be spent on agricultural lighting by 2024. With an agricultural lighting market size of US$ 38.50 billion by 2034, it is anticipated to grow at a compound annual growth rate (CAGR) of 12.3% throughout the forecast period. Throughout the last few decades, the usage of agriculture lighting has grown …
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Revolutionizing Growth: Agricultural Lighting Market Set to Reach US$ 38.5 Billion by 2034, Driven by Innovation and Sustainable Farming Practices
The market size for agricultural lighting is estimated to be around US$ 12.1 billion in 2024. It is projected to exhibit a CAGR of 12.3% over the forecast period, with an estimated market size of US$ 38.5 billion by 2034. In the last few decades, agricultural lighting has become increasingly popular in the agriculture sector, …