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It is projected that the grow lights market will expand at a CAGR of 9.78% between 2020 and 2025 to be valued at USD 7.23 billion by 2025. Growing lights are used in a wide range of farming-related applications, particularly LEDs, due to the advantages they offer such as high reliability, low power consumption and spectral intensity. The that commercial greenhouse and vertical farming practices that involve the use of numerous grow lights are driving the overall market development.
1 Global Grow Lights Market
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
2 RESEARCH METHODOLOGY
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
3 Global Grow Lights Market – Executive Summary
3.1 Market Revenue, Market Size and Key Trends by Company
3.2 Key Trends by type of Application
3.3 Key Trends segmented by Geography
4 Global Grow Lights Market – Comparative Analysis
4.1 Product Benchmarking – Top 10 companies
4.2 Top 5 Financials Analysis
4.3 Market Value split by Top 10 companies
4.4 Patent Analysis – Top 10 companies
4.5 Pricing Analysis
5 Global Grow Lights Market – Industry Market Entry Scenario
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis – Top 10 companies
6 Global Grow Lights Market – Market Forces
6.1 Introduction
6.2 Market Dynamics
6.2.1 Drivers
6.2.2 Opportunities
6.2.3 Challenges
6.3 Porters Analysis of Market
6.3.1 Bargaining power of suppliers
6.3.2 Bargaining powers of customers
6.3.3 Threat of new entrants
6.3.4 Rivalry among existing players
6.3.5 Threat of substitutes
7 Global Grow Lights Market – Strategic Analysis
7.1 Value Chain analysis
7.2 Product Life Cycle
7.3 Supplier and distributor analysis (Market share and product dealing strategies)
8 Global Grow Lights Market – By Spectrum (Market Size – & million/billion)
8.1 Partial Spectrum
8.2 Full Spectrum
9 Global Grow Lights Market – By Technology
9.1 High Intensity Discharge
9.2 Fluorescent Lighting
9.3 LED
9.4 Other
10 Global Grow Lights Market – By Installation
10.1 Retrofit
10.2 New Installation
11 Global Grow Lights Market – By Application
11.1 Vertical Farming
11.2 Indoor Farming
11.3 Commercial Greenhouse
11.4 Turf and Landscaping
11.5 Research
11.6 Others
12 Global Grow Lights Market – By Geography (Market Size – & million/billion)
12.1 Introduction
12.2 North America
12.2.1 US
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 U.K
12.3.2 Germany
12.3.3 Italy
12.3.4 France
12.3.5 Spain
12.3.6 Rest of Europe
12.4 Asia-Pacific
12.4.1 China
12.4.2 Japan
12.4.3 India
12.4.4 South Korea
12.4.5 Rest of APAC
12.5 Rest of the World
12.5.1 South America
12.5.2 Middle East
12.5.3 Africa
13 Global Grow Lights Market – Entropy
13.1 New product launches
13.2 M&A’s, collaborations, JVs and partnerships
14 Global Grow Lights Market Company Profile (Key Players)
14.1 Market Share, Company Revenue, Products, M&A, Developments
14.2 Royal Philips
14.3 General Electric Company
14.4 Illumitex Inc.
14.5 Hortilux Schreder B.V.
14.6 Sunlight Supply Inc.
14.7 Osram Licht AG
14.8 Heliospectra Ab.
14.9 Gavita Holland B.V.
14.10 Lumigrow Inc.
14.11 Iwasaki Electric Co., LTD.
14.12 Company 11 & more
15 Global Grow Lights Market – Appendix
15.1 Sources
15.2 Abbreviations
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Need Customized Report ?Call NowIt is projected that the grow lights market will expand at a CAGR of 9.78% between 2020 and 2025 to be valued at USD 7.23 billion by 2025. Growing lights are used in a wide range of farming-related applications, particularly LEDs, due to the advantages they offer such as high reliability, low power consumption and spectral intensity. The that commercial greenhouse and vertical farming practices that involve the use of numerous grow lights are driving the overall market development.
1 Global Grow Lights Market
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
2 RESEARCH METHODOLOGY
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
3 Global Grow Lights Market – Executive Summary
3.1 Market Revenue, Market Size and Key Trends by Company
3.2 Key Trends by type of Application
3.3 Key Trends segmented by Geography
4 Global Grow Lights Market – Comparative Analysis
4.1 Product Benchmarking – Top 10 companies
4.2 Top 5 Financials Analysis
4.3 Market Value split by Top 10 companies
4.4 Patent Analysis – Top 10 companies
4.5 Pricing Analysis
5 Global Grow Lights Market – Industry Market Entry Scenario
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis – Top 10 companies
6 Global Grow Lights Market – Market Forces
6.1 Introduction
6.2 Market Dynamics
6.2.1 Drivers
6.2.2 Opportunities
6.2.3 Challenges
6.3 Porters Analysis of Market
6.3.1 Bargaining power of suppliers
6.3.2 Bargaining powers of customers
6.3.3 Threat of new entrants
6.3.4 Rivalry among existing players
6.3.5 Threat of substitutes
7 Global Grow Lights Market – Strategic Analysis
7.1 Value Chain analysis
7.2 Product Life Cycle
7.3 Supplier and distributor analysis (Market share and product dealing strategies)
8 Global Grow Lights Market – By Spectrum (Market Size – & million/billion)
8.1 Partial Spectrum
8.2 Full Spectrum
9 Global Grow Lights Market – By Technology
9.1 High Intensity Discharge
9.2 Fluorescent Lighting
9.3 LED
9.4 Other
10 Global Grow Lights Market – By Installation
10.1 Retrofit
10.2 New Installation
11 Global Grow Lights Market – By Application
11.1 Vertical Farming
11.2 Indoor Farming
11.3 Commercial Greenhouse
11.4 Turf and Landscaping
11.5 Research
11.6 Others
12 Global Grow Lights Market – By Geography (Market Size – & million/billion)
12.1 Introduction
12.2 North America
12.2.1 US
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 U.K
12.3.2 Germany
12.3.3 Italy
12.3.4 France
12.3.5 Spain
12.3.6 Rest of Europe
12.4 Asia-Pacific
12.4.1 China
12.4.2 Japan
12.4.3 India
12.4.4 South Korea
12.4.5 Rest of APAC
12.5 Rest of the World
12.5.1 South America
12.5.2 Middle East
12.5.3 Africa
13 Global Grow Lights Market – Entropy
13.1 New product launches
13.2 M&A’s, collaborations, JVs and partnerships
14 Global Grow Lights Market Company Profile (Key Players)
14.1 Market Share, Company Revenue, Products, M&A, Developments
14.2 Royal Philips
14.3 General Electric Company
14.4 Illumitex Inc.
14.5 Hortilux Schreder B.V.
14.6 Sunlight Supply Inc.
14.7 Osram Licht AG
14.8 Heliospectra Ab.
14.9 Gavita Holland B.V.
14.10 Lumigrow Inc.
14.11 Iwasaki Electric Co., LTD.
14.12 Company 11 & more
15 Global Grow Lights Market – Appendix
15.1 Sources
15.2 Abbreviations
Unleashing revenue potential through strategic market research involves identifying untapped market opportunities, understanding consumer needs and preferences, and developing targeted strategies to capitalize on them. By leveraging data-driven insights, businesses can optimize product offerings, pricing strategies, and marketing efforts to drive revenue growth and stay ahead of competitors.
