Worth a read for those interested in understanding another aspect of the high-growth LED market.
Lots going on here, big players taking positions.
Not just about retail domestic lighting.
Greenhouse Boom
"Signify’s brisker business is backed up by forecasts. The horticulture lighting market is set to expand to $6.2 billion by 2023 from $2.1 billion in 2017, partly driven by the legalization of cannabis for medicinal purposes, according to Markets and Markets, a consulting firm.
“We are just at the beginning of the greenhouse boom in Europe, and still at a fairly early stage in North America,” Alex Brooks, analyst at Canaccord Genuity, said by email.
https://www.bloomberg.com/news/articles/2019-02-19/weed-is-growing-into-a-big-market-for-this-dutch-lighting-firm?utm_source=twitter&utm_content=business&utm_campaign=socialflow-organic&utm_medium=social&cmpid=socialflow-twitter-business
