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- Grow lights Market – Share, Outlook, Trends, Size and Forecast (2024 – 2032)
In this generation, people are interested to live in cities than in towns and villages, this causes urbanization, so to balance the pollution and other problems and to save the nature, the vertical and rooftop farming is in the current trends, and this paved the way for the growth of the grow lights which are replacing all the older trends. Global Revenue of Grow Lights market is valued at 2.93 Billion in 2018 and estimated to reach a value of 4.01 Billion in 2024 at CAGR of 15.89%.
Global Grow Lights Market Share:
Global Grow Lights Market is segmented by Technology, by Installation, by Application, by Spectrum. By Application, they are sub-segmented as TURF and Landscaping, Indoor Farming, Commercial Greenhouse, Vertical Farming and Research. As there are some applications, these grow lights comprise significant market share.
Global Grow Lights Market Size:
There is a wide range of applications related to Grow Lights market are present in various fields. Proportional to it, Market size is enormous and it is elongated in the regions of North America, Europe, Middle East Africa, Asia Pacific and South America. High Revenue rotation is in the areas of Europe followed by North America.
Global Grow Lights Market Growth:
The markets related to the Grow Lights is having the inclined growth. As the principal players like Heliospectra, Solarmax, Royal Philips Electronics have seen a good increase from a couple of years in dealing with the Grow Lights. Vertical and rooftop farming is booming currently and are going to have the substantial growth within forecasting period.
Global Grow Lights Market Industry Analysis:
Global Grow Lights Market is segmented by Technology, by Installation, by Application, by Spectrum, by Geography. Whereby Technology these are sub-segmented Induction Lights, High-Intensity Discharge (HID) Lights, Light Emitting Plasma Grow lights (LEPs), Fluorescent Lights, Light Emitting Diodes (LEDs). Whereby Installation these are sub-segmented as New Installation, Retrofit Installation. Whereby Application these are sub-segmented as TURF and Landscaping, Indoor Farming, Commercial Greenhouse, Vertical Farming, Research. Where By Spectrum these are sub-segmented by Partial Spectrum, Full Spectrum. Whereby Geography they are sub-segmented as North America, Europe, South America, Europe, Middle East & Africa and the Asia Pacific.
Global Grow Lights Market Outlook:
When compared to the past years, there is a rapid increase in markets of the Grow Lights. Launching the vertical and rooftop farming have paved the way for the rapid growth and rise in the markets of grow lights and made them have a broader outlook.
Global Grow Lights Market Trends:
Grow Lights is having different applications in various domains. Some of the products like Genie Compact Stick Bulb is manufactured by Philips and products like Indoor lighting produced by ALTA LED are in the current trends of the Grow Lights markets.
Global Grow Lights Market Research Reports Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
- Identifying DROC in the current market and their impact in altering the market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the major market players, such as
- Heliospectra
- Solarmax
- Royal Philips Electronics
- Alta LED Corporation
- LED Hydroponics
- General Electric Company
Chapter 1 Introduction
1.1 Executive Summary
1.2 Market Definition
1.3 Scope of the Study
Chapter 2 Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Analytic Tools and Model
2.4 Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5 Expert Validation
2.6 Study Timeline
Chapter 3 Market Analysis
3.1 Industry Value Chain Analysis
3.2 Porter’s Five Analysis
3.2.1 Bargaining Power of Buyers
3.2.2 Bargaining Power of Suppliers
3.2.3 Threats of Substitutes
3.2.4 Threats of New Entrants
3.2.5 Industry Rivalry
3.3 Pestle Analysis
3.3.1 Political
3.3.2 Economical
3.3.3 Social
3.3.4 Technological
3.3.5 Legal
3.3.6 Environmental
3.4 SWOT Analysis
3.4.1 Strengths
3.4.2 Weakness
3.4.3 Opportunities
3.4.4 Threats
3.5 Y-O-Y Analyses
Chapter 4 Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
Chapter 5 Market Segmentation Analysis
Chapter 6 Market Segmentation by Technology
6.1 Induction Lights
6.2 High-Intensity Discharge (HID) Lights
6.2.1 High-Pressure Sodium (HPS)
6.2.2 Ceramic Metal Halide (CMH, CDM, LEC)
6.2.3 Metal Halide (MH)
6.2.4 Switchable Ballasts
6.2.5 Conversion Bulbs
6.2.6 Combination MH and HPS (Dual arc)
6.2.7 Others
6.3 Light Emitting Plasma Grow lights (LEPs)
6.4 Fluorescent Lights
6.4.1 Tube-Style Fluorescent Lights
6.4.2 Compact Fluorescent Lights (CFLs)
6.5 Light Emitting Diodes (LEDs)
6.6 Others
Chapter 7 Market Segmentation by Installation
7.1 New Installation
7.2 Retrofit Installation
Chapter 8 Market Segmentation by Application
8.1 TURF and Landscaping
8.2 Indoor Farming
8.3 Commercial Greenhouse
8.4 Vertical Farming
8.5 Research
Chapter 9 Market Segmentation by Spectrum
9.1 Partial Spectrum
9.2 Full Spectrum
Chapter 10 Market Segmentation by Geography
10.1 North America
10.1.1 Introduction
10.1.2 United States
10.1.3 Canada
10.1.4 Others
10.2 Europe
10.2.1 Introduction
10.2.2 Spain
10.2.3 UK
10.2.4 Russia
10.2.5 France
10.2.6 Italy
10.2.7 Others
10.3 Asia-Pacific
10.3.1 Introduction
10.3.2 India
10.3.3 China
10.3.4 Japan
10.3.5 Others
10.4 The Middle East and Africa
10.4.1 Introduction
10.4.2 Saudi Arabia
10.4.3 UAE
10.4.4 Israel
10.4.5 Others
10.5 Latin America
10.5.1 Introduction
10.5.2 Argentina
10.5.3 Brazil
10.5.4 Others
Chapter 11 Competitive Landscape
11.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
11.2 Strategies Adopted By Top Companies
11.3 Market Share Analysis
Chapter 12 Company Profile
12.1 PAR source Lighting Solutions
12.2 Heliospectra
12.3 Solarmax
12.4 Royal Philips Electronics
12.5 Alta LED Corporation
12.6 LED Hydroponics
12.7 General Electric Company
12.8 Bridgelux
12.9 OSRAM Light AG
12.10 Illumitex Inc.
12.11 Lumigrow
12.12 Sunlight Supply Inc.
12.13 Hortilux Schreder B.V.
12.14 Aerofarms
12.15 Indulux Technologies Inc
12.16 Fluence Bioengineering
12.17 Emium LLC
Chapter 13 Market Insights
13.1 Insights of Industry Experts
13.2 Investment Opportunities
13.3 Analyst Opinion
Chapter 14 Appendix
14.1 List of Tables
14.2 List of Figures
- Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
- Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
- The Regional and Global Variety is taken care of in the report.
- Year on Year basis generation of revenue is studied.
- Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
- The overview and the sustainability of the market are analyzed through SWOT.
- DROC (Drivers, Restraints, Opportunities and Challenges) is recognized in the current market scenario and see how its effect on market dynamics.
- The segment-level analysis in terms of type and technology.
- The value chain analysis, value that's created and captured by a company is the profit margin.
- Value Created and Captured – Cost of Creating that Value = Margin
- An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
- Basis on the depth of the study we approach using analytical tools
- Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.
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In this generation, people are interested to live in cities than in towns and villages, this causes urbanization, so to balance the pollution and other problems and to save the nature, the vertical and rooftop farming is in the current trends, and this paved the way for the growth of the grow lights which are replacing all the older trends. Global Revenue of Grow Lights market is valued at 2.93 Billion in 2018 and estimated to reach a value of 4.01 Billion in 2024 at CAGR of 15.89%.
Global Grow Lights Market Share:
Global Grow Lights Market is segmented by Technology, by Installation, by Application, by Spectrum. By Application, they are sub-segmented as TURF and Landscaping, Indoor Farming, Commercial Greenhouse, Vertical Farming and Research. As there are some applications, these grow lights comprise significant market share.
Global Grow Lights Market Size:
There is a wide range of applications related to Grow Lights market are present in various fields. Proportional to it, Market size is enormous and it is elongated in the regions of North America, Europe, Middle East Africa, Asia Pacific and South America. High Revenue rotation is in the areas of Europe followed by North America.
Global Grow Lights Market Growth:
The markets related to the Grow Lights is having the inclined growth. As the principal players like Heliospectra, Solarmax, Royal Philips Electronics have seen a good increase from a couple of years in dealing with the Grow Lights. Vertical and rooftop farming is booming currently and are going to have the substantial growth within forecasting period.
Global Grow Lights Market Industry Analysis:
Global Grow Lights Market is segmented by Technology, by Installation, by Application, by Spectrum, by Geography. Whereby Technology these are sub-segmented Induction Lights, High-Intensity Discharge (HID) Lights, Light Emitting Plasma Grow lights (LEPs), Fluorescent Lights, Light Emitting Diodes (LEDs). Whereby Installation these are sub-segmented as New Installation, Retrofit Installation. Whereby Application these are sub-segmented as TURF and Landscaping, Indoor Farming, Commercial Greenhouse, Vertical Farming, Research. Where By Spectrum these are sub-segmented by Partial Spectrum, Full Spectrum. Whereby Geography they are sub-segmented as North America, Europe, South America, Europe, Middle East & Africa and the Asia Pacific.
Global Grow Lights Market Outlook:
When compared to the past years, there is a rapid increase in markets of the Grow Lights. Launching the vertical and rooftop farming have paved the way for the rapid growth and rise in the markets of grow lights and made them have a broader outlook.
Global Grow Lights Market Trends:
Grow Lights is having different applications in various domains. Some of the products like Genie Compact Stick Bulb is manufactured by Philips and products like Indoor lighting produced by ALTA LED are in the current trends of the Grow Lights markets.
Global Grow Lights Market Research Reports Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
- Identifying DROC in the current market and their impact in altering the market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the major market players, such as
- Heliospectra
- Solarmax
- Royal Philips Electronics
- Alta LED Corporation
- LED Hydroponics
- General Electric Company
Chapter 1 Introduction
1.1 Executive Summary
1.2 Market Definition
1.3 Scope of the Study
Chapter 2 Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Analytic Tools and Model
2.4 Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5 Expert Validation
2.6 Study Timeline
Chapter 3 Market Analysis
3.1 Industry Value Chain Analysis
3.2 Porter’s Five Analysis
3.2.1 Bargaining Power of Buyers
3.2.2 Bargaining Power of Suppliers
3.2.3 Threats of Substitutes
3.2.4 Threats of New Entrants
3.2.5 Industry Rivalry
3.3 Pestle Analysis
3.3.1 Political
3.3.2 Economical
3.3.3 Social
3.3.4 Technological
3.3.5 Legal
3.3.6 Environmental
3.4 SWOT Analysis
3.4.1 Strengths
3.4.2 Weakness
3.4.3 Opportunities
3.4.4 Threats
3.5 Y-O-Y Analyses
Chapter 4 Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
Chapter 5 Market Segmentation Analysis
Chapter 6 Market Segmentation by Technology
6.1 Induction Lights
6.2 High-Intensity Discharge (HID) Lights
6.2.1 High-Pressure Sodium (HPS)
6.2.2 Ceramic Metal Halide (CMH, CDM, LEC)
6.2.3 Metal Halide (MH)
6.2.4 Switchable Ballasts
6.2.5 Conversion Bulbs
6.2.6 Combination MH and HPS (Dual arc)
6.2.7 Others
6.3 Light Emitting Plasma Grow lights (LEPs)
6.4 Fluorescent Lights
6.4.1 Tube-Style Fluorescent Lights
6.4.2 Compact Fluorescent Lights (CFLs)
6.5 Light Emitting Diodes (LEDs)
6.6 Others
Chapter 7 Market Segmentation by Installation
7.1 New Installation
7.2 Retrofit Installation
Chapter 8 Market Segmentation by Application
8.1 TURF and Landscaping
8.2 Indoor Farming
8.3 Commercial Greenhouse
8.4 Vertical Farming
8.5 Research
Chapter 9 Market Segmentation by Spectrum
9.1 Partial Spectrum
9.2 Full Spectrum
Chapter 10 Market Segmentation by Geography
10.1 North America
10.1.1 Introduction
10.1.2 United States
10.1.3 Canada
10.1.4 Others
10.2 Europe
10.2.1 Introduction
10.2.2 Spain
10.2.3 UK
10.2.4 Russia
10.2.5 France
10.2.6 Italy
10.2.7 Others
10.3 Asia-Pacific
10.3.1 Introduction
10.3.2 India
10.3.3 China
10.3.4 Japan
10.3.5 Others
10.4 The Middle East and Africa
10.4.1 Introduction
10.4.2 Saudi Arabia
10.4.3 UAE
10.4.4 Israel
10.4.5 Others
10.5 Latin America
10.5.1 Introduction
10.5.2 Argentina
10.5.3 Brazil
10.5.4 Others
Chapter 11 Competitive Landscape
11.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
11.2 Strategies Adopted By Top Companies
11.3 Market Share Analysis
Chapter 12 Company Profile
12.1 PAR source Lighting Solutions
12.2 Heliospectra
12.3 Solarmax
12.4 Royal Philips Electronics
12.5 Alta LED Corporation
12.6 LED Hydroponics
12.7 General Electric Company
12.8 Bridgelux
12.9 OSRAM Light AG
12.10 Illumitex Inc.
12.11 Lumigrow
12.12 Sunlight Supply Inc.
12.13 Hortilux Schreder B.V.
12.14 Aerofarms
12.15 Indulux Technologies Inc
12.16 Fluence Bioengineering
12.17 Emium LLC
Chapter 13 Market Insights
13.1 Insights of Industry Experts
13.2 Investment Opportunities
13.3 Analyst Opinion
Chapter 14 Appendix
14.1 List of Tables
14.2 List of Figures
- Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
- Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
- The Regional and Global Variety is taken care of in the report.
- Year on Year basis generation of revenue is studied.
- Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
- The overview and the sustainability of the market are analyzed through SWOT.
- DROC (Drivers, Restraints, Opportunities and Challenges) is recognized in the current market scenario and see how its effect on market dynamics.
- The segment-level analysis in terms of type and technology.
- The value chain analysis, value that's created and captured by a company is the profit margin.
- Value Created and Captured – Cost of Creating that Value = Margin
- An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
- Basis on the depth of the study we approach using analytical tools
- Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.
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