Global Grow Lights Market 2017-2021

About Grow Lights
Lights that are used in a wide range of farming-related applications are called grow lights. This is because they help with the artificial growth of plants. Some of the advantages of using grow lights include high reliability, spectral intensity, and low power consumption. With rapid rise in vertical farming and greenhouse practices around the globe, the use of different grow lights is also simultaneously increasing. This is contributing to the overall growth of the market. The crops considered for the scope of the report include fruits, vegetables, flowers, and ornamental plants.

Technavio’s analysts forecast the global grow lights market to grow at a CAGR of 12.60% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global grow lights market for 2017-2021. To calculate the market size, the report considers the value sales of grow lights.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global LED Agricultural Grow Lights Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Philips Lighting Holding
• GENERAL ELECTRIC
• OSRAM Licht
• Gavita International
• LumiGrow

Other prominent vendors
• Heliospectra
• SolarMAX
• PARsource
• Transcend Lighting
• EYE HORTILUX
• Twilight Group
• Lemnis Oreon
• Kessil
Market driver
• Rise in indoor farming practices
• For a full, detailed list, view our report

Market challenge
• Drawbacks associated with grow lights
• For a full, detailed list, view our report

Market trend
• Advent of urban farming
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.





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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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