Grow Light Market: Global Market Size, Forecast, Insights, and Competitive Landscape

The global grow light market is expected to grow at a CAGR of around 15.9% during 2021-2027. This report on global grow light market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global grow light market by segmenting the market based on technology, installation type, spectrum, application, and region. Also, detailed profiles of companies operating in the grow light market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers

• Rising Adoption of Vertical and Indoor Farming
• Significant Growth in Agricultural Sector

Market Challenges

• High Initial Costs
• Absence of Standard Testing Practices

Historical & Forecast Period

Base Year: 2020
Historical Period: 2016-2019
Forecast Period: 2021-2027

Market by Technology

• HID
• LED
• Fluorescent
• Others

Market by Installation Type

• New Installations
• Retrofit Installations

Market by Spectrum

• Full-Spectrum
• Partial Spectrum

Market by Application

• Indoor Farming
• Vertical Farming
• Commercial Greenhouse
• Turf and Landscaping
• Others

Market by Region

• Europe
  o Germany
  o United Kingdom
  o France
  o Italy
  o Spain
  o Russia
  o Netherlands
  o Rest of Europe
• North America
  o United States
  o Canada
• Asia Pacific
  o China
  o Japan
  o India
  o South Korea
  o Australia
  o Indonesia
  o Rest of Asia Pacific
• Latin America
  o Mexico
  o Brazil
  o Argentina
  o Rest of Latin America
• Middle East & Africa
  o Saudi Arabia
  o Turkey
  o Iran
  o Rest of Middle East & Africa

1. Preface
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. Key Insights
3. Global Grow Light Market
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges
4. Global Grow Light Market Analysis
4.1. Market Portraiture
4.2. Market Size
4.3. Market Forecast
4.4. Impact of COVID-19
5. Global Grow Light Market by Technology
5.1. Introduction
5.2. HID
5.3. LED
5.4. Fluorescent
5.5. Others
6. Global Grow Light Market by Installation Type
6.1. Introduction
6.2. New Installations
6.3. Retrofit Installations
7. Global Grow Light Market by Spectrum
7.1. Introduction
7.2. Full-Spectrum
7.3. Partial Spectrum
8. Global Grow Light Market by Application
8.1. Introduction
8.2. Indoor Farming
8.3. Vertical Farming
8.4. Commercial Greenhouse
8.5. Turf and Landscaping
8.6. Others
9. Global Grow Light Market by Region
9.1 Introduction
9.2 Europe
9.2.1 Germany
9.2.2 United Kingdom
9.2.3 France
9.2.4 Italy
9.2.5 Spain
9.2.6 Russia
9.2.7 Netherlands
9.2.8 Rest of the Europe
9.3 North America
9.3.1 United States
9.3.2 Canada
9.4 Asia Pacific
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 South Korea
9.4.5 Australia
9.4.6 Indonesia
9.4.7 Rest of the Asia Pacific
9.5 Latin America
9.5.1 Mexico
9.5.2 Brazil
9.5.3 Argentina
9.5.4 Rest of Latin America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 Turkey
9.6.3 Iran
9.6.4 Rest of Middle East & Africa
10. SWOT Analysis
11. Porter’s Five Forces
12. Market Value Chain Analysis
13. Competitive Landscape
13.1 Competitive Scenario
13.2 Company Profiles
13.2.1 Epistar
13.2.2 Everlight Electronics
13.2.3 Gavita International B.V.
13.2.4 General Electric Company
13.2.5 Heliospectra AB
13.2.6 Illumitex Inc.
13.2.7 Koninklijke Philips N.V.
13.2.8 LumiGrow
13.2.9 Osram Licht AG
13.2.10 Shenzhen Juson Technology Co. Ltd.

List of Figures

Figure 1: Global Grow Light Market (in US$ Million), 2016-2020
Figure 2: Global Grow Light Market by Technology, 2020
Figure 3: Global Grow Light Market by Installation Type, 2020
Figure 4: Global Grow Light Market by Spectrum, 2020
Figure 5: Global Grow Light Market by Application, 2020
Figure 6: Global Grow Light Market by Region, 2020
Figure 7: Global Grow Light Market (in US$ Million), 2021-2027
Figure 8: Global Grow Light Market by Technology (in %), 2020 & 2027
Figure 9: Global HID Grow Light Market (in US$ Million), 2016-2020
Figure 10: Global HID Grow Light Market (in US$ Million), 2021-2027
Figure 11: Global LED Grow Light Market (in US$ Million), 2016-2020
Figure 12: Global LED Grow Light Market (in US$ Million), 2021-2027
Figure 13: Global Fluorescent Grow Light Market (in US$ Million), 2016-2020
Figure 14: Global Fluorescent Grow Light Market (in US$ Million), 2021-2027
Figure 15: Global Other Technologies Grow Light Market (in US$ Million), 2016-2020
Figure 16: Global Other Technologies Grow Light Market (in US$ Million), 2021-2027
Figure 17: Global Grow Light Market by Installation Type (in %), 2020 & 2027
Figure 18: Global New Installations Grow Light Market (in US$ Million), 2016-2020
Figure 19: Global New Installations Grow Light Market (in US$ Million), 2021-2027
Figure 20: Global Retrofit Installations Grow Light Market (in US$ Million), 2016-2020
Figure 21: Global Retrofit Installations Grow Light Market (in US$ Million), 2021-2027
Figure 22: Global Grow Light Market by Spectrum (in %), 2020 & 2027
Figure 23: Global Full-Spectrum Grow Light Market (in US$ Million), 2016-2020
Figure 24: Global Full-Spectrum Grow Light Market (in US$ Million), 2021-2027
Figure 25: Global Partial Spectrum Grow Light Market (in US$ Million), 2016-2020
Figure 26: Global Partial Spectrum Grow Light Market (in US$ Million), 2021-2027
Figure 27: Global Grow Light Market by Application (in %), 2020 & 2027
Figure 28: Global Indoor Farming Grow Light Market (in US$ Million), 2016-2020
Figure 29: Global Indoor Farming Grow Light Market (in US$ Million), 2021-2027
Figure 30: Global Vertical Farming Grow Light Market (in US$ Million), 2016-2020
Figure 31: Global Vertical Farming Grow Light Market (in US$ Million), 2021-2027
Figure 32: Global Commercial Greenhouse Grow Light Market (in US$ Million), 2016-2020
Figure 33: Global Commercial Greenhouse Grow Light Market (in US$ Million), 2021-2027
Figure 34: Global Turf and Landscaping Grow Light Market (in US$ Million), 2016-2020
Figure 35: Global Turf and Landscaping Grow Light Market (in US$ Million), 2021-2027
Figure 36: Global Other Applications Grow Light Market (in US$ Million), 2016-2020
Figure 37: Global Other Applications Grow Light Market (in US$ Million), 2021-2027
Figure 38: Global Grow Light Market by Region (in %), 2020 & 2027
Figure 39: Europe Grow Light Market (in US$ Million), 2016-2020
Figure 40: Europe Grow Light Market (in US$ Million), 2021-2027
Figure 41: Europe Grow Light Market by Country (in %), 2020 & 2027
Figure 42: Germany Grow Light Market (in US$ Million), 2016-2027
Figure 43: United Kingdom Grow Light Market (in US$ Million), 2016-2027
Figure 44: France Grow Light Market (in US$ Million), 2016-2027
Figure 45: Italy Grow Light Market (in US$ Million), 2016-2027
Figure 46: Spain Grow Light Market (in US$ Million), 2016-2027
Figure 47: Russia Grow Light Market (in US$ Million), 2016-2027
Figure 48: Netherlands Grow Light Market (in US$ Million), 2016-2027
Figure 49: North America Grow Light Market (in US$ Million), 2016-2020
Figure 50: North America Grow Light Market (in US$ Million), 2021-2027
Figure 51: North America Grow Light Market by Country (in %), 2020 & 2027
Figure 52: United States Grow Light Market (in US$ Million), 2016-2027
Figure 53: Canada Grow Light Market (in US$ Million), 2016-2027
Figure 54: Asia Pacific Grow Light Market (in US$ Million), 2016-2020
Figure 55: Asia Pacific Grow Light Market (in US$ Million), 2021-2027
Figure 56: Asia Pacific Grow Light Market by Country (in %), 2020 & 2027
Figure 57: China Grow Light Market (in US$ Million), 2016-2027
Figure 58: Japan Grow Light Market (in US$ Million), 2016-2027
Figure 59: India Grow Light Market (in US$ Million), 2016-2027
Figure 60: South Korea Grow Light Market (in US$ Million), 2016-2027
Figure 61: Australia Grow Light Market (in US$ Million), 2016-2027
Figure 62: Indonesia Grow Light Market (in US$ Million), 2016-2027
Figure 63: Latin America Grow Light Market (in US$ Million), 2016-2020
Figure 64: Latin America Grow Light Market (in US$ Million), 2021-2027
Figure 65: Latin America Grow Light Market by Country (in %), 2020 & 2027
Figure 66: Mexico Grow Light Market (in US$ Million), 2016-2027
Figure 67: Brazil Grow Light Market (in US$ Million), 2016-2027
Figure 68: Argentina Grow Light Market (in US$ Million), 2016-2027
Figure 69: Middle East & Africa Grow Light Market (in US$ Million), 2016-2020
Figure 70: Middle East & Africa Grow Light Market (in US$ Million), 2021-2027
Figure 71: Middle East & Africa Grow Light Market by Country (in %), 2020 & 2027
Figure 72: Saudi Arabia Grow Light Market (in US$ Million), 2016-2027
Figure 73: Turkey Grow Light Market (in US$ Million), 2016-2027
Figure 74: Iran Grow Light Market (in US$ Million), 2016-2027
Figure 75: Market Value Chain

List of Tables

Table 1: Global Grow Light Market Portraiture
Table 2: Global Grow Light Market by Technology (in US$ Million), 2020 & 2027
Table 3: Global Grow Light Market by Installation Type (in US$ Million), 2020 & 2027
Table 4: Global Grow Light Market by Spectrum (in US$ Million), 2020 & 2027
Table 5: Global Grow Light Market by Application (in US$ Million), 2020 & 2027
Table 6: Global Grow Light Market by Region (in US$ Million), 2020 & 2027
Table 7: Europe Grow Light Market by Country (in US$ Million), 2020 & 2027
Table 8: North America Grow Light Market by Country (in US$ Million), 2020 & 2027
Table 9: Asia Pacific Grow Light Market by Country (in US$ Million), 2020 & 2027
Table 10: Latin America Grow Light Market by Country (in US$ Million), 2020 & 2027
Table 11: Middle East & Africa Grow Light Market by Country (in US$ Million), 2020 & 2027
Table 12: List of Key Players