The grow lights are special lights that emit particular spectrum of radiation that is helpful for the photosynthesis in the plants. These lights can be easily found in hydro supply stores for indoor gardening and cultivation. There is high scope for the Grow Lights Market due to rise in availability in hydro store and use of grow lights for plants during 2016-2021.
Scope and Regional Forecast of the Grow Lights Market:
North America and Europe are the leading regions for the Grow Lights Market owing to the high investment for indoor cultivation practices and increasing use of hydroponics for food production. Hydroponic strawberries, tomatoes and lettuce are highly grown foods around the world using these lights.
Asia Pacific has high potential for the Grow Lights Market owing to the presence of many countries that are picking up on hydroponics, aquaponics and greenhouse culture in this region for the production of safe and organic food for consumption.
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According to the IndustryARC research analysis studies on the Grow Lights Market, There is high demand for LED grow lights compared to any other type in the hydroponic shop for plants growth. Indoor farming such as greenhouses and research centers are the major users of these grow lights across the globe during 2016-2021.
Segmentation and Key Players of the Grow Lights Market:
The Grow Lights Market is segmented into various categories in the IndustryARC marketing research report by type, by installation type, by application and by geography as follows:
By type: Light emitting Diode (LED), High Intensity Discharge (HID), Plasma and Fluorescent
By installation type: New, Retrofit
By application: Indoor farming, commercial greenhouse, vertical farming and others
By geography: North America, South America, Europe, Asia Pacific and ROW
The key players in the Grow Lights Market according to the IndustryARC research report are as follows:
- General Electric Company
- Osram Licht AG
- Gavita Holland B.V.
- Royal Philips Electronics N.V.
- Heliospectra AB
The Grow Lights Market is a rapidly growing owing to the rise in demand for light grow spectrum equipment for NFT hydroponics applications. There is high supply of LED grow light spectrum in hydroponics supply store for plant lighting hydroponics and aeroponics applications in various set ups across the globe. This market is expected to witness high growth owing to rising interest in hydroponics for cultivation in various regions across the globe during 2016-2021.
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