Press release
Grow Light Market Size to Show Considerable Growth Over 2019 to 2025
Grow Light Market
Rapid urbanization has resulted in heavy population migration to urban areas, driving the demand for grow light market. This results in an increased demand for food in urban regions as the area for natural farming is severely limited. The application of this equipment in such regions enables the crop growth for the general population.
Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/2710
In the aftermath of the Canadian government legalizing the cannabis production by means of LED devices, Heliospectra AB announced that it had received an order of USD 650,000 by an undisclosed company for the provision of its LX60 intelligent LED solution. Cannabis requires intensive illumination source for prolonged periods, spiking the demand for the grow light market.
The rise of vertical farming techniques has had a positive effect on the rise of the grow light market across the world. This technique is on the rise owing to the space-saving characteristics, high crop yield, and lower interference from external environmental characteristics. The technology has high applications in this farming technique. However, grow light industry expansion is obstructed by the inability of farmers to afford indoor or vertical farming techniques as the maintenance costs incurred by famers and horticulturists are higher than the conventional farming techniques.
However, the profits obtained by this technique are higher than the maintenance costs. These methods require a higher amount of water, thereby making it unsuitable in regions such as African deserts with scant water resources, impacting the adoption of grow light market in these locations.
Make an Inquiry for purchasing this Report @ https://www.gminsights.com/inquiry-before-buying/2710
LED grow light market segment is expected to show a high growth owing to the increased lifecycle, lower energy consumption, high-intensity output, and consistent performance. High-intensity discharge devices find applications in regions where the level of sunlight available is low and the temperature required for plant growth is not adequately warm. Fluorescent equipment segment of the grow light industry is poised to grow at a fast rate during the forecast time period owing to its higher lifecycle and low power consumption.
These are suitable for small-scale applications as they are relatively inexpensive devices. However, these devices are fragile in nature and may incur additional labor and maintenance costs. Therefore, they are suitable for plants requiring lower illumination and heat levels for growth.
The grow light market in economies including the U.S., Canada, and the UK due to their higher spending capacity dominates in terms of revenue. Grow light industry is expanding in countries including Northern Canadian states, Siberia, and parts of Argentina and Chile, where natural sunlight is available for fewer hours as the night time exceeds daytime hours. The devices are used in these regions to support the crop growth in the absence of natural sunlight.
Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/grow-light-market
Players in the grow light market include Aerofarms Ltd., Gavita Holland B.V., Lumileds Holding B.V., Philips Lighting Ltd., OSRAM Licht Group, Valoya Ltd., Heliospectra AB, Sunlight Supply, Inc., and Fluence Bioengineering, Inc.
Contact Us
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Grow Light Market Size to Show Considerable Growth Over 2019 to 2025 here
News-ID: 1801434 • Views: …
More Releases from Global Market Insights, Inc.
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health.
This in turn has led to a surge in demand for various functional foods…
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock.
According to Global Market Insights Inc estimates…
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight.
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091
Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group…
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products.
Prenatal vitamin ingredients can…
More Releases for Grow
Simulators Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
The Simulators market size is projected to grow from USD 25.5 billion in 2022 to USD 34.9 billion by 2027, at a CAGR of 6.5% from 2022 to 2027. Some of the factors fueling the market's growth include growing demand for pilots in aviation industry and the need for cost cutting in pilot training. However, lack of interoperability and longer product life cycle are expected to restrain the market growth…
Savage Grow Plus Review: Ingredients, Benefits and Where to Buy Savage Grow Plus
Savage Grow Plus has been introduced to the market as one of the leading male health supplements that can aid men who wish to improve their testosterone health. Men can use this formula with consistency to add some extra inches and also boost their overall performance in bed. We will try to learn in this review what it contains.
Get Savage Grow Plus For As Low As $49: https://rebrand.ly/OfficialSavageGrowPlus
Savage Grow…
Primal Grow Pro Review - Primal Grow Pro Benefits, Ingredients and Side Effects …
Almost every man is worried about their men health and whether they can satisfy their partner in bed or not. Their fear often translates into performance anxiety that further has a negative impact on their romantic life. This fear can combine with various other factors and even result in temporary erectile dysfunction.
There are many products that claim to improve couple life and trigger private growth. Many drugs also claim to…
Think & Grow Rich
Think & Grow Rich
Welcome to iiGrowRich.com
For everything that you need in order to grow rich , but were afraid to ask.
All great business people, will tell you, that you must learn from your mistakes in business and in life.....Every time you make a mistake, analyse it and then correct that mistake....This is the school of hard knocks.....Now is the time to start learning from those mistakes and use them to…
Grow Your Own Cloud
Imagine if you could store all of your family photos, in a plant.
Grow Your Own Cloud is a new service that helps you store your data nature’s way, in the DNA of plants, and bringing the latest in biotechnology, genetic science, and data artistry to your local flower shop.
On Sunday September 30th, during a 24h only pop-up at the well-known boutique, Blomsterskuret, in Copenhagen, Denmark visitors will be able…
Global LED Grow Lights Market- Illumitex, Kessil ,Kind LED Grow Lights, LEDHYDRO …
Global LED Grow Lights Market report 2017 is an in-depth research on the current situation of the LED Grow Lights industry.
The Scope of the LED Grow Lights research report:
The Global LED Grow Lights Market primarily includes a basic overview of the LED Grow Lights industry. It also includes LED Grow Lights definitions, classifications and applications. It segments the market by applications, types, regions, competitive players and also analyzes LED Grow…
