Press release
LED Grow Light Market Size 2024: Global Share, Industry And Report Analysis By 2031 | Intellivision Entertainment, LLC. Logitech International SA Hyperkin, Inc.
LED Grow Light Market
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The LED technology extends beyond its core energy-saving nature. Material science breakthroughs have led to the development of LEDs with a broader color spectrum, enabling precise control over the emitted light. This translates to superior color rendering, making objects appear more natural under LED illumination. Furthermore, ongoing refinements in LED chip design and phosphor conversion have yielded significant gains in light output and conversion efficiency. Brighter LEDs that consume even less energy are the result, further bolstering their economic and environmental credentials. For instance, in April 2023, Philips launched a new LED lighting solution. These lights consume only 4.5 watts of electricity, which is almost half that of some of the more well-liked LED bulbs on the market today.
full report of LED Grow Light Market available @ https://www.omrglobal.com/industry-reports/led-grow-light-market
• Market Coverage
• Market number available for - 2024-2031
• Base year- 2024
• Forecast period- 2024-2031
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others
Global LED Grow Light Market Report Segment
By Installation Type
• New
• Retrofit
By Spectrum
• Full
• Partial
By Application
• Indoor Farming
• Vertical Farming
• Turf & Landscaping
• Commercial Greenhouse
• Others
Global LED Grow Light Market Report by Region
North America
• US
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
The Report Covers
• Market value data analysis of 2021 and forecast to 2028.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global LED Grow Light market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/led-grow-light-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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Contact Person: Mr. Anurag Tiwari
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