openPR Logo
Press release

Grow Light Market - Detailed Study Analysis and Forecast by 2025

06-22-2017 01:54 PM CET | IT, New Media & Software

Press release from: TMR Research

Grow Light Market - Detailed Study Analysis and Forecast by 2025

Global Grow Light Market: Overview

A grow light is an artificial source of light energy, which is especially designed to stimulate and power the growth of plants and seeds. Popularly called plant lights, grow lights are used in situations where there is a lack of naturally occurring light or where artificial sources of light are required to supplement sunlight. Grow lights are widely used in commercial greenhouses, vertical farms, and a range of horticulture applications to better the yield. Some of the major types are fluorescent grow lights, high-intensity discharge (HID) grow lights, and light-emitting diode (LED) grow lights. The adoption of grow lights has gained traction in recent years, driven by the growing popularity of controlled environment agriculture (CEA) and the increased adoption of LED lighting.

Request a Brochure of the Report @ www.tmrresearch.com/sample/sample?flag=B&rep_id=2213

Global Grow Light Market: Key Trends

Growth in indoor farming methods and soaring popularity of commercial greenhouses for cultivating plants are the key factors propelling the grow light market. Government regulations and intensive initiatives to support the adoption of solid state lighting (SSL) technologies, such as LED, across various regions have boosted the market. The increasing adoption of automation in commercial greenhouses has helped growers maximize their yield using grow lights, thereby accelerating their implementation in controlled environment agriculture practices. Efforts by manufacturers to speed up time-to-market for energy-efficient grow lights and the launch of customized products with specific intensity and wavelength are expected to open up lucrative avenues in the market. With vertical farming methods gathering steam in various developed nations, the grow light market is expected to witness numerous exciting opportunities for manufacturers.

Global Grow Light Market: Market Potential

Noribachi, a U.S.-based LED technology manufacturing company focusing on clean lighting technologies for commercial applications, announced in April, 2017 the launch of its advanced, full-spectrum LED grow lights. The product line features a wide range of warehouse grow lights and DIY kits developed in its Northern California Growlab. The innovative and high-end LED grow light is used by farmers to facilitate the growth cycle of different types of fruits, vegetables, and flowers. The LED technology developed by Noribachi enables a number of commercial growers and urban farmers to optimize space, increase light output, and reduce their energy costs.

Request for TOC of the Report @ www.tmrresearch.com/sample/sample?flag=T&rep_id=2213

Noribachi’s Growlab (NGL) has been a key testing ground for several smart grow light technologies. As a vital part of NGL’s testing environment, Noribachi has developed a program known as “Customer Grow”, which encourages its customers to send plants with specific growth requirements to the lab for testing. During the testing period, the company designs a customized equipment or fixture to maximize light output with due consideration of the optimum growth conditions for each plant, thereby helping growers improve the quality and quantity of the yield.

Over the past few years, technological advances in LED grow lights have led to cutting-edge innovations in the farming and horticulture industries, thereby creating abundant growth opportunities for manufacturers of LED.

Global Grow Light Market: Regional Outlook

Geographically, the Middle East and South America are prominent markets for grow lights. The regional markets are driven by the rising adoption of indoor farming methods. Constant advancement in urban farming technologies and the growing popularity of hydroponics among agriculturists are key factors fuelling the demand for grow lights in the developed regions of Asia Pacific and North America. Meanwhile, the impending food crisis in some regions, particularly in various parts of Southern Africa, is expected to stimulate the demand for vertical farming and CEA practices, thereby boosting the adoption of grow lights in these regions.

Read Complete Report @ www.tmrresearch.com/grow-light-market

Global Grow Light Market: Competitive Analysis

Several emerging players are forming partnerships with commercial agriculturists and research institutions to develop innovative grow lights that help control light levels dynamically in order to augment crop quality and maximize yield. Leading players are offering cloud-based solutions to gain a competitive edge over others. Major companies eyeing a significant share in the grow light market include General Electric Company, Osram Licht AG, LumiGrow, Inc., Royal Philips Electronics, Heliospectra Ab., IWASAKI ELECTRIC CO., LTD., Hortilux SchrEder B.V., Sunlight Supply Inc., and Gavita Holland B.V.

About TMR Research

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth researh of the market, we try to bring about game-changing success for our clients.

Contact :

Rohit Bhisey
Head - Internet Marketing
Tel: +1-415-520-1050
Email: sales@tmrresearch.com

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 - Detailed Study Analysis and Forecast by 2025 here

News-ID: 592065 • Views: 215

More Releases from TMR Research

Process Safety System Market Overview, Segmentation, Manufacturing, Opportunitie …
Global Process Safety System Market: Snapshot The number of safeguarding measures implemented today is very high on account of the increasing concerns over safety. However, the results are still not very positive. This is especially true for the various process industries that are vulnerable to accidents. Thus, the demand for process safety systems is expected to rise in the coming years for the application of several layers of protection. Process
Satellite Manufacturing Market Overview, Trends, Leading Companies, Types, Appli …
Global Satellite Manufacturing Market: Snapshot With both developing and developed countries focusing on space missions and looking forward to enhance their communication technologies, the demand for satellite manufacturing is increasing with every passing day. The installation of satellite technology is intense in many countries as they witness high demand for advanced digital streaming of contents. The fueling demand for commercial satellites along with military satellites is likely to play a key
Steam Turbine Market Regional Outlook (North America, Latin America, Europe, Asi …
Global Steam Turbine Market: Snapshot With the assistance of blades joined to a rotor, the steam turbines change thermal energy of steam into mechanical energy. The turbine begins to turn when steam of high pressure goes through the succession of rotor blades. With the developing populace over the world, and robust urbanization in developing economies, the continuous demand for power and energy is heightening reliably, and therefore, the demand in the
Power Transmission Components Market will grow at a robust pace between 2017 and …
Global Power Transmission Components Market: Overview Advancement of several industries and robust urbanization have set off a noteworthy rush of power and energy in the last couple of years. This has raised worries about high utilization of energy and has started a discussion among countries to devise approaches to check power a use. Altogether, the two variables have brought about a colossal interest for control transmission components, which are known to

All 5 Releases


More Releases for Grow

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
Methanol Market to Grow Globally
Methanol is a liquid which is manufactured mostly through oxidization of methane or through synthesis of carbon monoxide and hydrogen. Methanol is termed as wood alcohol since it depicts properties similar to conventional fuels. Methanol is chiefly utilized as a fuel in vehicles as well as an antifreeze solution in automobiles. It is also used as a feedstock for manufacturing various products such as formaldehyde, acetic acid, MTBE, DME, and
Nanocellulose Market to Grow Globally
Nanocellulose is a lightweight material processed from plant cellulose or wood pulp. Nanocellulose is produced through chemical or mechanical treatment of cellulose—a biopolymer material abundantly available in nature. Nanocellulose finds wide application across various industries, owing to characteristics such as superior mechanical, thermal, rheological, and structural properties. Unique properties of nanocellulose include high aspect ratio, biodegradability, high strength, and low density. Nanocellulose can be employed in virtually every field. It
Cleanzone continues to grow
There were smiles all around in Frankfurt, as Cleanzone's continued growth was confirmed not only by an increase in the number of visitors, but also by high levels of visitor satisfaction. The trade fair and congress for cleanroom technology took place for the second time on 22 and 23 October 2013, drawing more than 800 participants from 44 countries to Hall 1 on the Frankfurt exhibition grounds. “The Cleanzone 2013
Sycor continues to grow
By acquiring Aachen-based aixonix IT Consulting GmbH and opening a branch in Düsseldorf, Sycor is continuing on its path of expansion of recent years. The group of companies now employs more than 350 people worldwide. Effective 1 July, SYCOR GmbH acquired Aachen-based aixonix IT Consulting GmbH. Renamed Aixonix Transformation Management GmbH, the company will have its own brand identity rather than using the Sycor Group's corporate design. Founder Dr. Markus Müller
Timbercon continues to grow
LAKE OSWEGO, OR – July 10, 2008 — Timbercon, Inc., a fiber optic product and solution manufacturing company headquartered in Lake Oswego, Oregon, announced today several promotions and additions across multiple departments. Timbercon has continually added employees in 2008 to support the private company’s growth strategy and meet market demands. In addition to recent additions they are currently recruiting for the engineering department and production management staff. Ed