Grow Light Market: Global Industry Analysis and Forecast (2024-2030)

Grow Light Market was valued at US$ 2.78 Bn. in 2023 and the total Grow Light revenue is expected to grow at 24.9% from 2024 to 2030, reaching nearly US$ 13.20 Bn.

Grow Light Market Overview:

Rising urban cultivation, vertical farming & increasing adoption of eco-friendly production of fruits & vegetables is enhancing the growth of the grow light market. The unprecedented growth of the worldwide population has also improved the demand for urban agriculture. The practice of vertical farming, which involves growing food in vertically stacked layers in structures like old warehouses, skyscrapers, or shipping containers, is also promoting market growth towards the north. Grow light helps in ranging the hours of the natural daylight which further rises the health, growth rate, & yield of the plants ion. Crop availability can be increased by using artificial lights like plasma, LED, and high-pressure sodium lighting (throughout a season). Growing population & a lack of fertile agricultural land are the two main reasons expected to drive market growth during the forecast period.

Grow Light Market Report Scope:

The Grow Light market is segmented based on Technology, Installation, Application, and Region. The growth of various segments helps report users in acquiring knowledge of the many growth factors expected to be prevalent throughout the market and develop different strategies to help identify core application areas and the gap in the target market. The report provides an in-depth analysis of the market and contains meaningful insights, facts, historical data, and statistically supported and industry-validated market statistics. It also includes estimates based on an appropriate set of assumptions and methodologies. A bottom-up approach has been used to estimate the market size. Key Players in the Grow Light market are identified through secondary research and their market revenues are determined through primary and secondary research. Secondary research included a review of annual and financial reports of leading manufacturers, while primary research included interviews with important opinion leaders and industry experts such as skilled front-line personnel, entrepreneurs, and marketing professionals. Some of the leading key players in the global Grow Light market include Royal Philips, General Electric Company, Gravitas Holland B.V., LumiGrow, Inc., Heliospectra AB. The report is not only a representation of global players but also covers the market holding of local players in each country. Market structure by country with market holding by market leaders, market followers, and local players make this report a comprehensive and insightful industry outlook. The report has covered the mergers and acquisitions, strategic alliances, joint ventures, and partnerships happening in the market by region, by investment, and their strategic intent.Grow Light MarketTo know about the Research Methodology :- Request Free Sample Report

Grow Light Market Dynamics:

Extraordinary advantages like energy-efficiency & longer life associated with LED grow lights over traditional lighting technologies. In terms of energy efficiency, lifespan, adaptability, & color quality, LED-based grow lights have outperformed all conventional lighting technologies. As a result of their increasing cost competitiveness, LED grow lights are widely active in applications like vertical farms, indoor farms & greenhouses. Many plants are grown indoors under grow lights. The spectrum of grow lights can be changed based on the needs of the plants. The usage of various grow light helps assure the growth and development of plants. High-intensity discharge (HID) lamps are the lighting source of choice for horticultural growers for both indoor & outdoor applications. These lamps are easily accessible, reasonably priced, and capable of supplying the level of light intensity required for plant growth. To get the complete light spectrum for plants, growers have blended HID lamps such high-pressure sodium (HPS) lamps & metal-halide (MH) lamps. However, these lamps produce too much heat and use a lot of electricity. Due to the need to regulate the temperature in the growing units, farmers must install cooling systems, which raises their energy costs. All of these aspects have increased the need for more durable and energy-efficient lighting options for horticulture. Grow Light MarketHigh setup & installation costs of LED grow lights: The use of LED grow lights is increasing as more people become aware of the advantages that these products may provide. Indoor plant growth has utilised a variety of artificial lighting sources. In the past, HPS & electric ballasts were frequently active in indoor farming as efficient light sources. These days, LED grow lights are popular because they eliminate the shortcomings of HPS, fluorescent (FL), metal halide, and electric ballast lighting. In contrast to conventional lighting technologies like FL & HID lamps, good-quality LED grow lights demand a larger initial investment. This is primarily due to the arrays of LEDs that are specifically created for horticultural applications that are present in each LED grow light unit. For commercial indoor growing, a top-notch, full-spectrum LED grow light can be put as the main light source. Depending on the power output & other specs, the price may range from USD 2,000 to USD 3,000. A high-powered plasma grow light is less expensive than a high-powered induction grow light, which costs USD 1,300 or more. Nearly USD 3,000. These grow lights are more expensive than a 1,000-watt HPS light, which is suitable for photosynthesis and costs between USD 100 and USD 150. The farmers are prohibited from implementing energy-efficient grow light technologies like LED, induction lighting, and plasma lighting by this huge price differential. Authorization of cannabis in different nations. The legalization of cannabis growing has also raised the need for greenhouses & vertical farms, which is fueling a rise in the need for LED-based grow lights. Numerous aspects must be taken into account when growing cannabis in a sunless environment. For instance, produce might be harmed by the heat from HPS lamps. Consequently, LEDs, which operate at considerably lower temperatures, may be a way to reduce the amount of heat that is produced. Businesses using vertical farming to grow cannabis have seen a considerable increase in output. For instance, the deployment of LED systems by MedMen Cannabis Vertical Farm (US), a horticulture lighting company owned by SRAM (Germany), led to a reduction in production time, a decrease in the cost per pound of the finished product, a reduction in energy consumption, and a reduction in the heating, ventilation, & air conditioning (HVAC) load. Although there hasn't been much involvement of cannabis cultivation on a large scale in the grow lights market, some factors that can be expected as some of the potential growth opportunities for the market include the rising demand for cannabis, technology support, an increase in the number of vertical farms & developing LED technology that would significantly lower the cost of lighting. Lack of common testing procedures to evaluate the quality of grow lights & their fixtures The lack of standardized testing procedures for evaluating the quality of products, especially for emerging technologies like LED, induction, and plasma, is a significant barrier for the lighting technology business. Quality assurance is monitored by specific organisations in the US and other developed nations, but there are no such standards in many emerging economies. For instance, the American National Standards Institute (ANSI), the National Electrical Manufacturers Association (NEMA), and the Illuminating Engineering Society of North America (IES) have been collaborating with the US Department of Energy (DOE) to develop standards for SSL. Additionally, a product's quality assessment is necessary primarily to confirm its lumen output & working life. Based on years of research & testing, producers of LED grow lights say that the operational lifetime of their products is between 30,000 hours and 50,000 hours. However, each manufacturer makes LEDs using a different method, therefore their testing procedures also vary. It is therefore challenging to precisely evaluate the lifespan of LED grow lights, and It is possible for manufacturers to make exaggerated claims about their goods. Therefore, it is crucial to reach an understanding and create standardized testing procedures to assess the quality of products.

Grow Light Market Segment Analysis:

Based on technology, the market is segmented by High Intensity Discharge (HID), LED, fluorescent & plasma. The HID segment led the Grow Light Market in terms of revenue in the year 2023 commanding a market share of more than 36 percent. The HID is mainly used for commercial growing such as commercial greenhouses and vertical farms. Whereas the LED sector is estimated to dominate during the forecast period. The government's measures to embrace energy-efficient LEDs & rising urban horticulture are expected to drive the LED market. When they cost more, LED bulbs perform at their peak efficiency. LEDs provide the desired light at the precise wavelength. It can concurrently provide a dual band spectrum. All stages of growth can benefit from LEDs. LEDs are more expensive initially but become less expensive with time. During the forecast period, the plasma segment is expected to develop at the highest CAGR. Full-spectrum light resembling that of sunlight is provided by plasma lamps. These lights have a longer lifespan & generate less heat. Even though they provide light with a similar intensity to HID and LED, plasma lights use a lot less energy than other technology kinds. Although they are expensive at first, plasma lights become more affordable over time. Both vegetative & blooming development can benefit from plasma lighting. Based on application segment market is segmented by indoor farming, vertical farming, commercial greenhouses, & other. With a market share of more than 44%, the commercial greenhouse segment dominated the market in terms of revenue in the year 2023. The use of grow lights is increasing, which is credited with contributing to this growth. During the forecast period, it is expected that factors like increasing technological developments in grow lights & rising adoption of vertical and indoor farming will propel the application sector. In countries like Japan, China, & the Netherlands, the vertical farming industry is well-accepted.

Grow Light Market Regional Insights:

In terms of revenue, the Europe region held largest market share of more than 32% in total Grow Light Market in year 2023 and is expected to maintain its dominance throughout the forecast period. Growing population & a lack of fertile agricultural land are the two main causes expected to drive market demand. Growing awareness of the value of alternative farming is another aspect. Due to the increased adoption of genetically modified crop technologies, the Asia Pacific regional market is likely to have considerable growth during the forecast period. Furthermore, to cut energy usage, a number of nations in this region are switching to LED lights. Greenhouse gas emissions could be reduced by switching to LED light bulbs in place of conventional incandescent ones. Demand in the African region is expected to be driven by the region's growing urban population and the commercialization of indoor farming. However, the shortage of funding to construct cutting-edge vertical farms and restricted access to water and land are expected to impede regional expansion in Africa. Vertically piled wooden boxes and sack gardens are only two of the many techniques used in the region to address these issues.

Grow Light Market Scope: Inquire before buying

Grow Light Market
Report Coverage Details
Base Year: 2023 Forecast Period: 2024-2030
Historical Data: 2018 to 2023 Market Size in 2023: US $ 2.78Bn.
Forecast Period 2024 to 2030 CAGR: 24.9% Market Size in 2030: US $ 13.20 Bn.
Segments Covered: by Technology HID LED Fluorescent Induction Plasma
by Installation New Retrofit
by Application Indoor Farming Vertical Farming Commercial Greenhouse Research

Grow Light Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina, Columbia and Rest of South America)

Grow Light Market, Key Players are:

1. Royal Philips 2. General Electric Company 3. Gavita Holland B.V. 4. LumiGrow, Inc. 5. Heliospectra AB 6. Borst Bloembollen B.V. 7. Transcend Lighting Inc. 8. Sunlight Supply Inc. 9. Beacon Lighting India 10.Walters Garden, Inc. 11.Osram Licht AG 12.Green Sense Farms 13.Eye Hortilux 14.ILUMINAR Lighting 15.A Daintree Company 16.PARsource 17.A Savant Company 18.Hubbell FAQs: 1. Which region has the largest share in Global Grow Light Market? Ans: Asia Pacific region holds the highest share in 2023. 2. What is the growth rate of Global Grow Light Market? Ans. The Global Grow Light Market is growing at a CAGR of 24.9% during forecasting period 2024-2030 3. What is scope of the Global Grow Light market report? Ans. Global Grow Light Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period 4. What is the projected market size & growth rate of the Grow Light Market? Ans. Grow Light Market size was valued at US$ 2.78 Billion in 2023 and the total Grow Light revenue is expected to grow at 24.9% through 2024 to 2030, reaching nearly US$ 13.20 Billion. 5. What segments are covered in the Grow Light Market report? Ans. The segments covered are Technology, Installation, Application and Region.
1. Grow Light Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Grow Light Market: Qualitative Analysis 2.1. Innovations in Grow Light Technology 2.2. Advanced Techniques for LED Grow Light Optimization 3. Grow Light Market: Dynamics 3.1. Grow Light Market Trends by Region 3.1.1. North America Grow Light Market Trends 3.1.2. Europe Grow Light Market Trends 3.1.3. Asia Pacific Grow Light Market Trends 3.1.4. Middle East and Africa Grow Light Market Trends 3.1.5. South America Grow Light Market Trends 3.2. Grow Light Market Dynamics by Region 3.2.1. North America 3.2.1.1. North America Grow Light Market Drivers 3.2.1.2. North America Grow Light Market Restraints 3.2.1.3. North America Grow Light Market Opportunities 3.2.1.4. North America Grow Light Market Challenges 3.2.2. Europe 3.2.2.1. Europe Grow Light Market Drivers 3.2.2.2. Europe Grow Light Market Restraints 3.2.2.3. Europe Grow Light Market Opportunities 3.2.2.4. Europe Grow Light Market Challenges 3.2.3. Asia Pacific 3.2.3.1. Asia Pacific Grow Light Market Drivers 3.2.3.2. Asia Pacific Grow Light Market Restraints 3.2.3.3. Asia Pacific Grow Light Market Opportunities 3.2.3.4. Asia Pacific Grow Light Market Challenges 3.2.4. Middle East and Africa 3.2.4.1. Middle East and Africa Grow Light Market Drivers 3.2.4.2. Middle East and Africa Grow Light Market Restraints 3.2.4.3. Middle East and Africa Grow Light Market Opportunities 3.2.4.4. Middle East and Africa Grow Light Market Challenges 3.2.5. South America 3.2.5.1. South America Grow Light Market Drivers 3.2.5.2. South America Grow Light Market Restraints 3.2.5.3. South America Grow Light Market Opportunities 3.2.5.4. South America Grow Light Market Challenges 3.3. PORTER’s Five Forces Analysis 3.4. PESTLE Analysis 3.5. Value Chain Analysis 3.6. Regulatory Landscape by Region 3.6.1. North America 3.6.2. Europe 3.6.3. Asia Pacific 3.6.4. Middle East and Africa 3.6.5. South America 3.7. Key Opinion Leader Analysis for Grow Light Industry 3.8. The Global Pandemic Impact on Grow Light Market 4. Grow Light Market: Global Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 4.1. Grow Light Market Size and Forecast, by Technology (2023-2030) 4.1.1. HID 4.1.2. LED 4.1.3. Fluorescent 4.1.4. Induction 4.1.5. Plasma 4.2. Grow Light Market Size and Forecast, by Organization size (2023-2030) 4.2.1. New 4.2.2. Retrofit 4.3. Grow Light Market Size and Forecast, by Application (2023-2030) 4.3.1. Indoor Farming 4.3.2. Vertical Farming 4.3.3. Commercial Greenhouse 4.3.4. Research 4.4. Grow Light Market Size and Forecast, by region (2023-2030) 4.4.1. North America 4.4.2. Europe 4.4.3. Asia Pacific 4.4.4. Middle East and Africa 4.4.5. South America 5. North America Grow Light Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 5.1. North America Grow Light Market Size and Forecast, by Technology (2023-2030) 5.1.1. HID 5.1.2. LED 5.1.3. Fluorescent 5.1.4. Induction 5.1.5. Plasma 5.2. North America Grow Light Market Size and Forecast, by Organization size (2023-2030) 5.2.1. New 5.2.2. Retrofit 5.3. North America Grow Light Market Size and Forecast, by Application (2023-2030) 5.3.1. Indoor Farming 5.3.2. Vertical Farming 5.3.3. Commercial Greenhouse 5.3.4. Research 5.4. North America Grow Light Market Size and Forecast, by Country (2023-2030) 5.4.1. United States 5.4.1.1. United States Grow Light Market Size and Forecast, by Technology (2023-2030) 5.4.1.1.1. HID 5.4.1.1.2. LED 5.4.1.1.3. Fluorescent 5.4.1.1.4. Induction 5.4.1.1.5. Plasma 5.4.1.2. United States Grow Light Market Size and Forecast, by Organization size (2023-2030) 5.4.1.2.1. New 5.4.1.2.2. Retrofit 5.4.1.3. United States Grow Light Market Size and Forecast, by Application (2023-2030) 5.4.1.3.1. Indoor Farming 5.4.1.3.2. Vertical Farming 5.4.1.3.3. Commercial Greenhouse 5.4.1.3.4. Research 5.4.2. Canada 5.4.2.1. Canada Grow Light Market Size and Forecast, by Technology (2023-2030) 5.4.2.1.1. HID 5.4.2.1.2. LED 5.4.2.1.3. Fluorescent 5.4.2.1.4. Induction 5.4.2.1.5. Plasma 5.4.2.2. Canada Grow Light Market Size and Forecast, by Organization size (2023-2030) 5.4.2.2.1. New 5.4.2.2.2. Retrofit 5.4.2.3. Canada Grow Light Market Size and Forecast, by Application (2023-2030) 5.4.2.3.1. Indoor Farming 5.4.2.3.2. Vertical Farming 5.4.2.3.3. Commercial Greenhouse 5.4.2.3.4. Research 5.4.3. Mexico 5.4.3.1. Mexico Grow Light Market Size and Forecast, by Technology (2023-2030) 5.4.3.1.1. HID 5.4.3.1.2. LED 5.4.3.1.3. Fluorescent 5.4.3.1.4. Induction 5.4.3.1.5. Plasma 5.4.3.2. Mexico Grow Light Market Size and Forecast, by Organization size (2023-2030) 5.4.3.2.1. New 5.4.3.2.2. Retrofit 5.4.3.3. Mexico Grow Light Market Size and Forecast, by Application (2023-2030) 5.4.3.3.1. Indoor Farming 5.4.3.3.2. Vertical Farming 5.4.3.3.3. Commercial Greenhouse 5.4.3.3.4. Research 6. Europe Grow Light Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 6.1. Europe Grow Light Market Size and Forecast, by Technology (2023-2030) 6.2. Europe Grow Light Market Size and Forecast, by Organization size (2023-2030) 6.3. Europe Grow Light Market Size and Forecast, by Application (2023-2030) 6.4. Europe Grow Light Market Size and Forecast, by Country (2023-2030) 6.4.1. United Kingdom 6.4.1.1. United Kingdom Grow Light Market Size and Forecast, by Technology (2023-2030) 6.4.1.2. United Kingdom Grow Light Market Size and Forecast, by Organization size (2023-2030) 6.4.1.3. United Kingdom Grow Light Market Size and Forecast, by Application(2023-2030) 6.4.2. France 6.4.2.1. France Grow Light Market Size and Forecast, by Technology (2023-2030) 6.4.2.2. France Grow Light Market Size and Forecast, by Organization size (2023-2030) 6.4.2.3. France Grow Light Market Size and Forecast, by Application(2023-2030) 6.4.3. Germany 6.4.3.1. Germany Grow Light Market Size and Forecast, by Technology (2023-2030) 6.4.3.2. Germany Grow Light Market Size and Forecast, by Organization size (2023-2030) 6.4.3.3. Germany Grow Light Market Size and Forecast, by Application (2023-2030) 6.4.4. Italy 6.4.4.1. Italy Grow Light Market Size and Forecast, by Technology (2023-2030) 6.4.4.2. Italy Grow Light Market Size and Forecast, by Organization size (2023-2030) 6.4.4.3. Italy Grow Light Market Size and Forecast, by Application(2023-2030) 6.4.5. Spain 6.4.5.1. Spain Grow Light Market Size and Forecast, by Technology (2023-2030) 6.4.5.2. Spain Grow Light Market Size and Forecast, by Organization size (2023-2030) 6.4.5.3. Spain Grow Light Market Size and Forecast, by Application (2023-2030) 6.4.6. Sweden 6.4.6.1. Sweden Grow Light Market Size and Forecast, by Technology (2023-2030) 6.4.6.2. Sweden Grow Light Market Size and Forecast, by Organization size (2023-2030) 6.4.6.3. Sweden Grow Light Market Size and Forecast, by Application (2023-2030) 6.4.7. Austria 6.4.7.1. Austria Grow Light Market Size and Forecast, by Technology (2023-2030) 6.4.7.2. Austria Grow Light Market Size and Forecast, by Organization size (2023-2030) 6.4.7.3. Austria Grow Light Market Size and Forecast, by Application (2023-2030) 6.4.8. Rest of Europe 6.4.8.1. Rest of Europe Grow Light Market Size and Forecast, by Technology (2023-2030) 6.4.8.2. Rest of Europe Grow Light Market Size and Forecast, by Organization size (2023-2030) 6.4.8.3. Rest of Europe Grow Light Market Size and Forecast, by Application (2023-2030) 7. Asia Pacific Grow Light Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 7.1. Asia Pacific Grow Light Market Size and Forecast, by Technology (2023-2030) 7.2. Asia Pacific Grow Light Market Size and Forecast, by Organization size (2023-2030) 7.3. Asia Pacific Grow Light Market Size and Forecast, by Application (2023-2030) 7.4. Asia Pacific Grow Light Market Size and Forecast, by Country (2023-2030) 7.4.1. China 7.4.1.1. China Grow Light Market Size and Forecast, by Technology (2023-2030) 7.4.1.2. China Grow Light Market Size and Forecast, by Organization size (2023-2030) 7.4.1.3. China Grow Light Market Size and Forecast, by Application (2023-2030) 7.4.2. S Korea 7.4.2.1. S Korea Grow Light Market Size and Forecast, by Technology (2023-2030) 7.4.2.2. S Korea Grow Light Market Size and Forecast, by Organization size (2023-2030) 7.4.2.3. S Korea Grow Light Market Size and Forecast, by Application (2023-2030) 7.4.3. Japan 7.4.3.1. Japan Grow Light Market Size and Forecast, by Technology (2023-2030) 7.4.3.2. Japan Grow Light Market Size and Forecast, by Organization size (2023-2030) 7.4.3.3. Japan Grow Light Market Size and Forecast, by Application (2023-2030) 7.4.4. India 7.4.4.1. India Grow Light Market Size and Forecast, by Technology (2023-2030) 7.4.4.2. India Grow Light Market Size and Forecast, by Organization size (2023-2030) 7.4.4.3. India Grow Light Market Size and Forecast, by Application (2023-2030) 7.4.5. Australia 7.4.5.1. Australia Grow Light Market Size and Forecast, by Technology (2023-2030) 7.4.5.2. Australia Grow Light Market Size and Forecast, by Organization size (2023-2030) 7.4.5.3. Australia Grow Light Market Size and Forecast, by Application (2023-2030) 7.4.6. Indonesia 7.4.6.1. Indonesia Grow Light Market Size and Forecast, by Technology (2023-2030) 7.4.6.2. Indonesia Grow Light Market Size and Forecast, by Organization size (2023-2030) 7.4.6.3. Indonesia Grow Light Market Size and Forecast, by Application (2023-2030) 7.4.7. Malaysia 7.4.7.1. Malaysia Grow Light Market Size and Forecast, by Technology (2023-2030) 7.4.7.2. Malaysia Grow Light Market Size and Forecast, by Organization size (2023-2030) 7.4.7.3. Malaysia Grow Light Market Size and Forecast, by Application (2023-2030) 7.4.8. Vietnam 7.4.8.1. Vietnam Grow Light Market Size and Forecast, by Technology (2023-2030) 7.4.8.2. Vietnam Grow Light Market Size and Forecast, by Organization size (2023-2030) 7.4.8.3. Vietnam Grow Light Market Size and Forecast, by Application(2023-2030) 7.4.9. Taiwan 7.4.9.1. Taiwan Grow Light Market Size and Forecast, by Technology (2023-2030) 7.4.9.2. Taiwan Grow Light Market Size and Forecast, by Organization size (2023-2030) 7.4.9.3. Taiwan Grow Light Market Size and Forecast, by Application (2023-2030) 7.4.10. Rest of Asia Pacific 7.4.10.1. Rest of Asia Pacific Grow Light Market Size and Forecast, by Technology (2023-2030) 7.4.10.2. Rest of Asia Pacific Grow Light Market Size and Forecast, by Organization size (2023-2030) 7.4.10.3. Rest of Asia Pacific Grow Light Market Size and Forecast, by Application (2023-2030) 8. Middle East and Africa Grow Light Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 8.1. Middle East and Africa Grow Light Market Size and Forecast, by Technology (2023-2030) 8.2. Middle East and Africa Grow Light Market Size and Forecast, by Organization size (2023-2030) 8.3. Middle East and Africa Grow Light Market Size and Forecast, by Application (2023-2030) 8.4. Middle East and Africa Grow Light Market Size and Forecast, by Country (2023-2030) 8.4.1. South Africa 8.4.1.1. South Africa Grow Light Market Size and Forecast, by Technology (2023-2030) 8.4.1.2. South Africa Grow Light Market Size and Forecast, by Organization size (2023-2030) 8.4.1.3. South Africa Grow Light Market Size and Forecast, by Application (2023-2030) 8.4.2. GCC 8.4.2.1. GCC Grow Light Market Size and Forecast, by Technology (2023-2030) 8.4.2.2. GCC Grow Light Market Size and Forecast, by Organization size (2023-2030) 8.4.2.3. GCC Grow Light Market Size and Forecast, by Application (2023-2030) 8.4.3. Nigeria 8.4.3.1. Nigeria Grow Light Market Size and Forecast, by Technology (2023-2030) 8.4.3.2. Nigeria Grow Light Market Size and Forecast, by Organization size (2023-2030) 8.4.3.3. Nigeria Grow Light Market Size and Forecast, by Application (2023-2030) 8.4.4. Rest of ME&A 8.4.4.1. Rest of ME&A Grow Light Market Size and Forecast, by Technology (2023-2030) 8.4.4.2. Rest of ME&A Grow Light Market Size and Forecast, by Organization size (2023-2030) 8.4.4.3. Rest of ME&A Grow Light Market Size and Forecast, by Application (2023-2030) 9. South America Grow Light Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 9.1. South America Grow Light Market Size and Forecast, by Technology (2023-2030) 9.2. South America Grow Light Market Size and Forecast, by Organization size (2023-2030) 9.3. South America Grow Light Market Size and Forecast, by Application(2023-2030) 9.4. South America Grow Light Market Size and Forecast, by Country (2023-2030) 9.4.1. Brazil 9.4.1.1. Brazil Grow Light Market Size and Forecast, by Technology (2023-2030) 9.4.1.2. Brazil Grow Light Market Size and Forecast, by Organization size (2023-2030) 9.4.1.3. Brazil Grow Light Market Size and Forecast, by Application (2023-2030) 9.4.2. Argentina 9.4.2.1. Argentina Grow Light Market Size and Forecast, by Technology (2023-2030) 9.4.2.2. Argentina Grow Light Market Size and Forecast, by Organization size (2023-2030) 9.4.2.3. Argentina Grow Light Market Size and Forecast, by Application (2023-2030) 9.4.3. Rest Of South America 9.4.3.1. Rest Of South America Grow Light Market Size and Forecast, by Technology (2023-2030) 9.4.3.2. Rest Of South America Grow Light Market Size and Forecast, by Organization size (2023-2030) 9.4.3.3. Rest Of South America Grow Light Market Size and Forecast, by Application (2023-2030) 10. Global Grow Light Market: Competitive Landscape 10.1. MMR Competition Matrix 10.2. Competitive Landscape 10.3. Key Players Benchmarking 10.3.1. Company Name 10.3.2. Business Segment 10.3.3. End-user Segment 10.3.4. Revenue (2023) 10.3.5. Company Locations 10.4. Leading Grow Light Market Companies, by market capitalization 10.5. Market Structure 10.5.1. Market Leaders 10.5.2. Market Followers 10.5.3. Emerging Players 10.6. Mergers and Acquisitions Details 11. Company Profile: Key Players 11.1. Royal Philips 11.1.1. Company Overview 11.1.2. Business Portfolio 11.1.3. Financial Overview 11.1.4. SWOT Analysis 11.1.5. Strategic Analysis 11.1.6. Recent Developments 11.2. General Electric Company 11.3. Gavita Holland B.V. 11.4. LumiGrow, Inc. 11.5. Heliospectra AB 11.6. Borst Bloembollen B.V. 11.7. Transcend Lighting Inc. 11.8. Sunlight Supply Inc. 11.9. Beacon Lighting India 11.10. Walters Garden, Inc. 11.11. Osram Licht AG 11.12. Green Sense Farms 11.13. Eye Hortilux 11.14. ILUMINAR Lighting 11.15. A Daintree Company 11.16. PARsource 11.17. A Savant Company 11.18. Hubbell 12. Key Findings 13. Industry Recommendations 14. Grow Light Market: Research Methodology
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