Asia Pacific Horticulture Lighting market

Synopsis
The above chart is Global Horticulture Lighting market [2018-2024] by Asia Pacific

Market Dynamics

China accounted for the largest market share in 2018 in the asia pacific horticulture lighting market, and is expected to reach usd 621.10 million in 2024 from usd 202.80 million in 2018. however, india is the fastest growing market, which is expected to grow at a cagr of 23.10% during the forecast period 2019 - 2024. toplighting segment accounted for the larger market share in 2018, this market is expected to reach usd 935.20 million in 2024 from usd 304.40 million in 2018. this market is projected to grow at a cagr of 20.72% during the forecast period from 2019 - 2024. however, interlighting segment is the fastest growing market, which is expected to grow at a cagr of 21.97% during the forecast period 2019 - 2024. high intensity discharge light segment accounted for the largest market share in 2018, this market is expected to reach usd 612.70 million in 2024 from usd 190.50 million in 2018. this market is projected to grow at a cagr of 21.65% 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 22.83% during the forecast period 2019 - 2024. fruits and vegetables segment accounted for the larger market share in 2018, this market is expected to reach usd 901.60 million in 2024 from usd 292.80 million in 2018. this market is projected to grow at a cagr of 20.77% during the forecast period from 2019 - 2024. however, floriculture segment is the fastest growing market, which is expected to grow at a cagr of 21.85% during the forecast period 2019 - 2024. greenhouse segment accounted for the largest market share in 2018, this market is expected to reach usd 655.80 million in 2024 from usd 215.10 million in 2018. this market is projected to grow at a cagr of 20.57% 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 22.63% during the forecast period 2019 - 2024.