According to the research report, the global grow lights market size is expected to touch USD 24.44 Billion by 2032, from USD 5.9 Billion in 2022, growing with a significant CAGR of 15.27% from 2023 to 2032.
The grow lights report offers a comprehensive study of the current state expected at the major drivers, market strategies, and key vendors’ growth. The report presents energetic visions to conclude and study the market size, market hopes, and competitive surroundings. The research also focuses on the important achievements of the market, research & development, and regional growth of the leading competitors operating in the market. The current trends of the global grow lights in conjunction with the geographical landscape of this vertical have also been included in this report.
The report offers intricate dynamics about different aspects of the global grow lights market, which aids companies operating in the market in making strategic development decisions. The study also elaborates on significant changes that are highly anticipated to configure growth of the global grow lights during the forecast period. It also includes a key indicator assessment that highlights growth prospects of this market and estimates statistics related to growth of the market in terms of value (US$ Mn) and volume (tons).
Sample Link @ https://www.precedenceresearch.com/sample/3183
This study covers a detailed segmentation of the global grow lights market, along with key information and a competition outlook. The report mentions company profiles of players that are currently dominating the global grow lights market, wherein various developments, expansions, and winning strategies practiced and implemented by leading players have been presented in detail.
Key Players
- Philips Lighting (now Signify)
- General Electric (GE)
- Osram
- Fluence by OSRAM
- California Lightworks
- Helio spectra AB
- Advanced LED Lights
- Gavita International
- Cree, Inc.
- Black Dog LED
Market Segmentation
By Light Source
- High-intensity Discharge Lights
- Light Emitting Diodes
- Fluorescent Lights
By Installation Type
- New Installations
- Retrofit Installations
By Application
- Indoor Farming
- Vertical Farming
- Commercial Greenhouse
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Research Methodology
The research methodology adopted by analysts for compiling the global grow lights report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the global market.
During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global market.
For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the global grow lights market.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Grow Lights Market
5.1. COVID-19 Landscape: Grow Lights Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Grow Lights Market, By Light Source
8.1. Grow Lights Market Revenue and Volume, by Light Source, 2023-2032
8.1.1 High-intensity Discharge Lights
8.1.1.1. Market Revenue and Volume Forecast (2020-2032)
8.1.2. Light Emitting Diodes
8.1.2.1. Market Revenue and Volume Forecast (2020-2032)
8.1.3. Fluorescent Lights
8.1.3.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 9. Global Grow Lights Market, By Installation Type
9.1. Grow Lights Market Revenue and Volume, by Installation Type, 2023-2032
9.1.1. New Installations
9.1.1.1. Market Revenue and Volume Forecast (2020-2032)
9.1.2. Retrofit Installations
9.1.2.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 10. Global Grow Lights Market, By Application
10.1. Grow Lights Market Revenue and Volume, by Application, 2023-2032
10.1.1. Indoor Farming
10.1.1.1. Market Revenue and Volume Forecast (2020-2032)
10.1.2. Vertical Farming
10.1.2.1. Market Revenue and Volume Forecast (2020-2032)
10.1.3. Commercial Greenhouse
10.1.3.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 11. Global Grow Lights Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Volume Forecast, by Light Source (2020-2032)
11.1.2. Market Revenue and Volume Forecast, by Installation Type (2020-2032)
11.1.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.1.4. U.S.
11.1.4.1. Market Revenue and Volume Forecast, by Light Source (2020-2032)
11.1.4.2. Market Revenue and Volume Forecast, by Installation Type (2020-2032)
11.1.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Volume Forecast, by Light Source (2020-2032)
11.1.5.2. Market Revenue and Volume Forecast, by Installation Type (2020-2032)
11.1.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2. Europe
11.2.1. Market Revenue and Volume Forecast, by Light Source (2020-2032)
11.2.2. Market Revenue and Volume Forecast, by Installation Type (2020-2032)
11.2.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.4. UK
11.2.4.1. Market Revenue and Volume Forecast, by Light Source (2020-2032)
11.2.4.2. Market Revenue and Volume Forecast, by Installation Type (2020-2032)
11.2.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.5. Germany
11.2.5.1. Market Revenue and Volume Forecast, by Light Source (2020-2032)
11.2.5.2. Market Revenue and Volume Forecast, by Installation Type (2020-2032)
11.2.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.6. France
11.2.6.1. Market Revenue and Volume Forecast, by Light Source (2020-2032)
11.2.6.2. Market Revenue and Volume Forecast, by Installation Type (2020-2032)
11.2.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Volume Forecast, by Light Source (2020-2032)
11.2.7.2. Market Revenue and Volume Forecast, by Installation Type (2020-2032)
11.2.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3. APAC
11.3.1. Market Revenue and Volume Forecast, by Light Source (2020-2032)
11.3.2. Market Revenue and Volume Forecast, by Installation Type (2020-2032)
11.3.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.4. India
11.3.4.1. Market Revenue and Volume Forecast, by Light Source (2020-2032)
11.3.4.2. Market Revenue and Volume Forecast, by Installation Type (2020-2032)
11.3.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.5. China
11.3.5.1. Market Revenue and Volume Forecast, by Light Source (2020-2032)
11.3.5.2. Market Revenue and Volume Forecast, by Installation Type (2020-2032)
11.3.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.6. Japan
11.3.6.1. Market Revenue and Volume Forecast, by Light Source (2020-2032)
11.3.6.2. Market Revenue and Volume Forecast, by Installation Type (2020-2032)
11.3.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Volume Forecast, by Light Source (2020-2032)
11.3.7.2. Market Revenue and Volume Forecast, by Installation Type (2020-2032)
11.3.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4. MEA
11.4.1. Market Revenue and Volume Forecast, by Light Source (2020-2032)
11.4.2. Market Revenue and Volume Forecast, by Installation Type (2020-2032)
11.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.4. GCC
11.4.4.1. Market Revenue and Volume Forecast, by Light Source (2020-2032)
11.4.4.2. Market Revenue and Volume Forecast, by Installation Type (2020-2032)
11.4.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.5. North Africa
11.4.5.1. Market Revenue and Volume Forecast, by Light Source (2020-2032)
11.4.5.2. Market Revenue and Volume Forecast, by Installation Type (2020-2032)
11.4.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.6. South Africa
11.4.6.1. Market Revenue and Volume Forecast, by Light Source (2020-2032)
11.4.6.2. Market Revenue and Volume Forecast, by Installation Type (2020-2032)
11.4.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Volume Forecast, by Light Source (2020-2032)
11.4.7.2. Market Revenue and Volume Forecast, by Installation Type (2020-2032)
11.4.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.5. Latin America
11.5.1. Market Revenue and Volume Forecast, by Light Source (2020-2032)
11.5.2. Market Revenue and Volume Forecast, by Installation Type (2020-2032)
11.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.5.4. Brazil
11.5.4.1. Market Revenue and Volume Forecast, by Light Source (2020-2032)
11.5.4.2. Market Revenue and Volume Forecast, by Installation Type (2020-2032)
11.5.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Volume Forecast, by Light Source (2020-2032)
11.5.5.2. Market Revenue and Volume Forecast, by Installation Type (2020-2032)
11.5.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
Chapter 12. Company Profiles
12.1. Philips Lighting (now Signify)
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. General Electric (GE)
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Osram
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Fluence by OSRAM
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. California Lightworks
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Helio spectra AB
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Advanced LED Lights
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Gavita International
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Cree, Inc.
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Black Dog LED
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
Contact Us:
Precedence Research
Apt 1408 1785 Riverside Drive Ottawa, ON, K1G 3T7, Canada
Call: +1 774 402 6168
Email: sales@precedenceresearch.com
Website: https://www.precedenceresearch.com
0 Comments