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LED Grow Lights Market, by Installation Type (New Installation, Retrofit), Product (<300 Watt, >300 Watt), Spectrum (Full Spectrum, Partial Spectrum), Application (Commercial Greenhouse, Turf and Landscaping, Research, Indoor Farming, Vertical Farming, Others) – Global Revenue, Trends, Growth, Share, Size and Forecast To 2022

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Grow Lights also known as Plant Light is an artificial light source used to stimulate plant growth by choosing appropriate light spectrum for photosynthesis. They are used in where natural light is limited or in a prerequisite controlled environment. A various type of bulb types is used as grow lights such as incandescent, high-intensity discharge lamps, fluorescent light and LED light. LED Grow Lights have applications in Commercial Greenhouse, Turf & landscaping, Indoor Farming, and Vertical Farming etc. Recent trend shows growth in LED Grow lights and is rapidly replacing other bulb type due to their high efficiency and economy.

The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the Led Grow Lights Market. The scope of this report covers the Led Grow Lights Market by its major segments, which include the types, applications, and the major geographic regions.

KEY BENEFITS OF THE REPORT

  • In-depth analysis of the market ecosystem and its impact on the revenue growth
  • Understanding of the strategies that are being adopted by the key players in this market to stay competitive
  • Valuable insights into the key technological and market trends impacting this market

KEY PREMIUM INDUSTRY INSIGHTS

  • The key reasons driving the growth of the LED Grow Lights market includes increasing government imitative to promote LED technology, high demand for long-lasting, energy efficient technology and new trends such as indoor farming and vertical gardening is boosting the demand for LED Grow Lights.
  • Retrofitting is one of the key growth opportunity drivers for this market.
  • However, factors like high cost may hamper the growth of the LED Grow Lights market.

RESEARCH METHODOLOGY

The research methodology for Scalar Market Research’s led grow lights market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.

To know about the assumptions considered for the study, Download PDF Sample.

MARKET SEGMENTATION

This report analyzes the led grow lights market by the following segments:

  • Led Grow Lights Market, by Installation Type
    • New Installation
    • Retrofit
  • Led Grow Lights Market, by Product
    • <300 Watt
    • >300 Watt
  • Led Grow Lights Market, by Spectrum
    • Full Spectrum
    • Partial Spectrum
  • Led Grow Lights Market, by Application
    • Commercial Greenhouse
    • Turf and Landscaping
    • Research
    • Indoor Farming
    • Vertical Farming
    • Others

KEY MARKET PLAYERS

Key players in the led grow lights market include:

  • Koninklijke Philips N.V.,
  • General Electric
  • Osram Light AG
  • Everlight Electronics Co., Ltd.
  • Bridgelux, Inc.
  • Cree, Inc.
  • LumiGrow
  • Heliospectra AB
  • Illumitex
  • Alta LED

GEOGRAPHIC COVERAGE AND ANALYSIS

This granular market research report covers the following geographic regions in great detail:

  • NORTH AMERICA
    • U.S.
    • Rest of North America
  • EUROPE
    • France
    • Germany
    • U.K.
    • Rest of Europe
  • ASIA-PACIFIC
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • MIDDLE EAST & AFRICA
    • GCC
    • North Africa
    • South Africa
    • Rest of Middle East & Africa
  • LATIN AMERICA
    • Brazil
    • Rest of Latin America

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  1. MARKET OVERVIEW
    1. Market Definitions
    2. Research Methodology
    3. Market Segmentation
  2. EXECUTIVE SUMMARY
  3. MARKET DYNAMICS
    1. Drivers
    2. Restraints
    3. Opportunities
    4. Premium Industry Trends
  4. INDUSTRY ANALYSIS
    1. Value Chain Analysis
    2. Product Roadmap
  5. LED GROW LIGHTS MARKET, BY INSTALLATION TYPE
    1. Segment Share
    2. Installation Type
      1. New Installation
      2. Retrofit
  6. LED GROW LIGHTS MARKET, BY PRODUCT
    1. Segment Share
    2. Product
      1. <300 Watt
      2. >300 Watt
  7. LED GROW LIGHTS MARKET, BY SPECTRUM
    1. Segment Share
    2. Spectrum
      1. Full Spectrum
      2. Partial Spectrum
  8. LED GROW LIGHTS MARKET, BY APPLICATION
    1. Segment Share
    2. Application
      1. Commercial Greenhouse
      2. Turf and Landscaping
      3. Research
      4. Indoor Farming
      5. Vertical Farming
      6. Others
  9. LED GROW LIGHTS MARKET, BY GEOGRAPHY
    1. North America
      1. By Country
        1. U.S.
        2. Rest of North America
      2. By Installation Type
      3. By Product
      4. By Spectrum
      5. By Application
    2. Europe
      1. By Country
        1. France
        2. Germany
        3. U.K.
        4. Rest of Europe
      2. By Installation Type
      3. By Product
      4. By Spectrum
      5. By Application
    3. Asia-Pacific
      1. By Country
        1. China
        2. India
        3. Japan
        4. Rest of Asia-Pacific
      2. By Installation Type
      3. By Product
      4. By Spectrum
      5. By Application
    4. Middle East & Africa
      1. By Country
        1. GCC
        2. North Africa
        3. South Africa
        4. Rest of Middle East & Africa
      2. By Installation Type
      3. By Product
      4. By Spectrum
      5. By Application
    5. Latin America
      1. By Country
        1. Brazil
        2. Rest of Latin America
      2. By Installation Type
      3. By Product
      4. By Spectrum
      5. By Application
  10. COMPETITIVE LANDSCAPE
    1. Market Share Analysis, 2015 (%)
    2. Key Innovators
  11. KEY MARKET PLAYERS
    1. Koninklijke Philips N.V.,
      1. Overview
      2. Key Strategies
      3. Recent Developments
    2. General Electric
      1. Overview
      2. Key Strategies
      3. Recent Developments
    3. Osram Light AG
      1. Overview
      2. Key Strategies
      3. Recent Developments
    4. Everlight Electronics Co., Ltd.
      1. Overview
      2. Key Strategies
      3. Recent Developments
    5. Bridgelux, Inc.
      1. Overview
      2. Key Strategies
      3. Recent Developments
    6. Cree, Inc.
      1. Overview
      2. Key Strategies
      3. Recent Developments
    7. LumiGrow
      1. Overview
      2. Key Strategies
      3. Recent Developments
    8. Heliospectra AB
      1. Overview
      2. Key Strategies
      3. Recent Developments
    9. Illumitex
      1. Overview
      2. Key Strategies
      3. Recent Developments
    10. Alta LED
      1. Overview
      2. Key Strategies
      3. Recent Developments
  12. SCALAR 360 DEGREE MARKET PERSPECTIVE
  13. APPENDIX 
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