This report contains market size and forecasts of Grow Lights in global, including the following market information:
Global Grow Lights Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Grow Lights Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Grow Lights companies in 2021 (%)
The global Grow Lights market was valued at 5053.5 million in 2021 and is projected to reach US$ 10370 million by 2028, at a CAGR of 10.8% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
High Intensity Discharge Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Grow Lights include Royal Philips, General Electric Company, Osram Licht AG, Gavita Holland B.V., Lumigrow Inc., Heliospectra AB., Iwasaki Electric Co., Ltd., Illumitex Inc. and Hortilux Schreder B.V. and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Grow Lights manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Grow Lights Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Grow Lights Market Segment Percentages, by Type, 2021 (%)
High Intensity Discharge
Fluorescent Lighting
LED
Others
Global Grow Lights Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Grow Lights Market Segment Percentages, by Application, 2021 (%)
Vertical Farming
Indoor Farming
Commercial Greenhouse
Turf and Landscaping
Research
Others
Global Grow Lights Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Grow Lights Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Grow Lights revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Grow Lights revenues share in global market, 2021 (%)
Key companies Grow Lights sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Grow Lights sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Royal Philips
General Electric Company
Osram Licht AG
Gavita Holland B.V.
Lumigrow Inc.
Heliospectra AB.
Iwasaki Electric Co., Ltd.
Illumitex Inc.
Hortilux Schreder B.V.
Sunlight Supply Inc