Press release
Grow Light Market to 2025 - Heliospectra Ab., Iwasaki Electric Co. Ltd., Illumitex Inc., Hortilux Schreder B.V., Sunlight Supply Inc, AeroFarms, Gavita International B.V., Advanced Lighting Technologies Inc., Hydrofarm and others
Global Grow Light Market
This report on the Global Grow Light Market place offers explanatory expertise available on the market parts like dominating players, manufacturing, sales, intake, import and export, and the simplest improvement in the corporation size, deployment kind, inside, segmentation comprised at some point of this analysis, additionally foremost the players have used various techniques such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions and others, to boom their footprints on this marketplace in order to sustain in long term, moreover to the existing the clean perspective of Global Grow Light Market.
Global Grow Light Market accounted for USD 2.65 billion in 2017 growing at a CAGR of 12.2% during the forecast period of 2018 to 2025.
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Global Grow Light Market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
Global Grow Light Market By,
• Geography (North America, South America, Europe, Asia-Pacific, and Middle East & Africa)
• Spectrum (Partial, Full),
• Installation (New, Retrofit),
• Technology (High-Intensity Discharge, Fluorescent Lighting, LED),
• Application (Indoor Farming, Vertical Farming, Commercial Greenhouse, TURF & Landscaping, Research)
Major Competitors:
• Philips,
• General Electric Company,
• Osram Licht AG,
• Lumigrow Inc.,
• Heliospectra Ab.,
• Iwasaki Electric Co. Ltd.,
• Illumitex Inc.,
• Hortilux Schreder B.V.,
• Sunlight Supply Inc,
• AeroFarms,
• Gavita International B.V.,
• Advanced Lighting Technologies Inc.,
• Hydrofarm,
• IWASAKI ELECTRIC CO. LTD.
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These lights are mostly tailor-made to cater essential light for plants in absence of natural light or supplemental light required in unfavourable climatic conditions. The market is majorly driven by increased demand and awareness about energy-efficient lighting, and growing demand for indoor farming practices. However, the high costs and tailor-made solutions may restrain the growth of the market.
Major Market Drivers & Restraints:
• Increased demand and awareness about energy-efficient lighting
• Growing demand for indoor farming practices
• Increasing commercialization of grow lights in multiple verticals
• High costs of energy-efficient grow lights
• Customized lights for different crops
Table of Contents
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports
Access Detailed TOC at https://databridgemarketresearch.com/toc/?dbmr=global-grow-light-market
About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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