The data displays the estimated revenue of horticultural lighting market worldwide from 2017 to 2027, by segment. In 2017, the total revenue of lighting technology was about 3.8 billion USD and is forecasted to rich to about 17 billion USD by 2027.
Greenhouse | 3.4 | 6.8 | 10 |
Indoor and vertical farming | 0.2 | 1.5 | 6.2 |
Others (including R&D) | 0.2 | 0.3 | 0.8 |
Total | 3.8 | 8.6 | 17 |