Press release
Global Grow Light Market is Projected to Grow at a CAGR of 12.2% with Markets Top Key Players like General Electric Company, Osram Licht AG, Lumigrow Inc., Heliospectra Ab., Iwasaki Electric Co. Ltd., Illumitex Inc. and Hortilux Schreder B.V.
The Global Grow Light Market accounted for USD 2.65 billion in 2016 growing at a CAGR of 12.2% during the forecast period of 2017 to 2024.
Major Market 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 TechnologiesInc.
• Hydrofarm
• IWASAKI ELECTRIC CO. LTD.
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Market Segmentation:
On the basis of spectrum
• Partial Spectrum
• Spectrum
On the basis of installation
• New Installation
• Retrofit Installation
On the basis of technology
• High-Intensity Discharge
• Fluorescent Lighting
• LED
On the basis of geography, the global grow light market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa.
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Company Share Analysis:
The report for global grow light market include detailed vendor level analysis 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.
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Major Market Drivers & Restraints:
• Increased demand and awareness about energy-efficient lighting
• High costs of energy-efficient grow lights
• Customized lights for different crops
Any query? Talk to Analyst @ http://databridgemarketresearch.com/speak-to-analyst/?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.
Contact:
Vishal Dixit
Data Bridge Market Research
Tel: +1-888-387-2818
Email: Sales@databridgemarketresearch.com
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