Grow Light Market By Basis Of Technology Used (HID Lights, Fluorescent Lights, LEDs, LEPs, Induction Lights), Type Of Installation (new Installation, Retrofit Installation), Applications (indoor Farming, Vertical Farming, Commercial Greenhouses, Rooftop Farming, And Others) And By Region - Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)

Grow Light Market By Basis Of Technology Used (HID Lights, Fluorescent Lights, LEDs, LEPs, Induction Lights), Type Of Installation (new Installation, Retrofit Installation), Applications (indoor Farming, Vertical Farming, Commercial Greenhouses, Rooftop Farming, And Others) And By Region - Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)

ID: 3440 | Pages: 175 | September 2017 | Region: Global


The Global Grow Light Market is worth USD2.5 billion in 2016 and estimated to grow at a CAGR of 11%, to reach USD4.21billion by 2021. The global Grow Light market is developing at an exceptionally quick pace.

Grow Light is an artificial source of light which is used to stimulate plant growth. This is generally used where there is no sufficient light or no natural light. An example where this type of light is used are during winters when there is lack of sunlight.  The amount of light that plants receive is increased by this artificial source of light. Grow Light either replicate the emission spectrum similar to that of sun or according to the needs of the plant. They are used for various purposes like food production, horticulture, indoor gardening and plant propagation. Although grow lights are mostly used on industrial level, they can used for household purposes also.

The driving components for plant industrial facilities and grow lights showcase are the expanding interest for the capacity to develop locally and reliably, scarcity of space for cultivating particularly in urban communities, and the need to build the yield per unit range without hurting nature. Governments are likewise reassuring plant industrial facilities and grow lights for enhancing the generation. The opportunities in this market are fluctuating and can run from innovative technologies in grow lights, consolidated utilization of normal lighting with simulated lighting, building up a sun oriented power based plant manufacturing plant to building numerous level plant production lines which would additionally diminish space necessity.

The Global market for Grow Light is segmented on the basis of technology, type of installation, applications and region. Based on technology, the market is segmented into HID lights, fluorescent lights, LEDs, LEPs, induction lights. Traditional lighting technologies like HID and fluorescent lighting (FL) are quite popular. LED grow light is a new technology in horticultural lighting and is proving to be far more effective than other lighting technologies. Although LED grow lights are costly, their long-term advantages in terms of energy efficiency make them an ideal option. Based on type of installation, the market is segmented into new installation and retrofit installation. Based on applications, the market is segmented into indoor farming, vertical farming, commercial greenhouses, rooftop farming, and others.

Geographically, the Grow Light market is fragmented into North America, Europe, Asia-Pacific, Latin America and Middle East Asia. Europe is estimated to constitute the largest share in this market, while the Asia Pacific region is expected to witness the fastest growth and overtake North America, being the second largest share holder for the market during the forecast period.

Royal Philips Electronics, OSRAM Licht AG, PAR source Lighting Solutions, Bridgelux, General Electric Company, Alta LED Corporation, Solarmax,Heliospectra,LumiFlow are the leaders in the global Grow Light market.

1.Introduction                                                                  

                1.1 Market Definition                                                    

                1.2 Study Deliverables                                                  

                1.3 Base Currency, Base Year and Forecast Periods                                                          

                1.4 General Study Assumptions                                                

2. Research Methodology                                                                           

                2.1 Introduction                                                               

                2.2 Research Phases                                                      

                                2.2.1 Secondary Research                                           

                                2.2.2 Primary Research                                 

                                2.2.3 Econometric Modelling                                      

                                2.2.4 Expert Validation                                  

                2.3 Analysis Design                                                         

                2.4 Study Timeline                                                          

3. Overview                                                                       

                3.1 Executive Summary                                                

                3.2 Key Inferences                                                         

                3.3 Epidemology                                                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                                    

                4.1 Market Drivers                                                          

                4.2 Market Restraints                                                    

                4.3 Key Challenges                                                         

                4.4 Current Opportunities in the Market                                                              

5. Market Segmentation                                                                              

                5.1 Technology                                                 

                                5.1.1 HID lights                                 

                                                5.1.1.1 High-Pressure Sodium Lamp                        

                                                5.1.1.2 Metal–Halide Lamp                         

                                5.1.2 fluorescent lights                                 

                                                5.1.2.1.T5                            

                                                5.1.2.2 CFL                          

                                                                5.1.2.2.1 Color Type       

                                                                                5.1.2.2.1 White

                                                                                5.1.2.2.1 Neutral White

                                5.1.3 LEDs                                           

                                                5.1.3.1 LED Based on Crop Type                

                                                                5.1.3.1.1 Vegetative       

                                                                5.1.3.1.2 Food and Flower           

                                5.1.4 LEPs                                           

                                5.1.5 Induction Lights                                    

                                5.1.6 Y-o-Y Growth Analysis, By Technology                                        

                                5.1.7 Market Attractiveness Analysis, By Technology                                      

                                5.1.8 Market Share Analysis, By Technology                                        

                5.2 Installation                                                  

                                5.2.1 New                                           

                                5.2.2 Retrofit Biomarkers                                             

                                5.2.3 Y-o-Y Growth Analysis, By Installation                                         

                                5.2.4 Market Attractiveness Analysis, By Installation                                       

                                5.2.5 Market Share Analysis, By Installation                                         

                5.3 Application                                                 

                                5.3.1 Indoor Farming                                     

                                5.3.2 Vertical farming                                    

                                5.3.3 Rooftop farming                                   

                                5.3.4 Commercial Greenhouses                                

                                5.3.5 Y-o-Y Growth Analysis, By Application                                         

                                5.3.6 Market Attractiveness Analysis, By Application                                       

                                5.3.7 Market Share Analysis, By Application                                        

6. Geographical Analysis                                                                              

                6.1 Introduction                                                               

                                6.1.1 Regional Trends                                    

                                6.1.2 Impact Analysis                                     

                                6.1.3 Y-o-Y Growth Analysis                                        

                                                6.1.3.1 By Geographical Area                     

                                                6.1.3.2 By Technology                   

                                                6.1.3.3 By Installation                    

                                                6.1.3.4 By Application                    

                                6.1.4  Market Attractiveness Analysis                                     

                                                6.1.4.1 By Geographical Area                     

                                                6.1.4.2 By Technology                   

                                                6.1.4.3 By Installation                    

                                                6.1.4.4 By Application                    

                                6.1.5  Market Share Analysis                                      

                                                6.1.5.1 By Geographical Area                     

                                                6.1.5.2 By Technology                   

                                                6.1.5.3 By Installation                    

                                                6.1.5.4 By Application                    

                6.2 North America                                                          

                                6.1.1 Introduction                                           

                                6.1.2 United States                                         

                                6.1.3 Canada                                     

                6.3 Europe                                                         

                                6.2.1 Introduction                                           

                                6.2.2 U.K                                             

                                6.2.3 Spain                                         

                                6.2.4 Germany                                 

                                6.2.5 Italy                                            

                                6.2.6 France                                       

                6.4 Asia-Pacific                                                 

                                6.3.1 Introduction                                           

                                6.3.2 China                                         

                                6.3.3 India                                          

                                6.3.4 Japan                                         

                                6.3.5 Australia                                   

                                6.3.6 South Korea                                           

                6.5 Latin America                                                             

                                6.4.1 Introduction                                           

                                6.4.2 Brazil                                          

                                6.4.3 Argentina                                

                                6.4.4 Mexico                                     

                                6.4.5 Rest of Latin America                                          

                6.6 Middle East & Africa                                                               

                                6.5.1 Introduction                                           

                                6.5.2 Middle-East                                            

                                6.5.3 Africa                                         

7.Strategic Analysis                                                                        

                7.1 PESTLE analysis                                                         

                                7.1.1 Political                                     

                                7.1.2 Economic                                 

                                7.1.3 Social                                         

                                7.1.4 Technological                                         

                                7.1.5 Legal                                          

                                7.1.6 Environmental                                       

                7.2 Porter’s Five analysis                                                              

                                7.2.1 Bargaining Power of Suppliers                                        

                                7.2.2 Bargaining Power of Consumers                                    

                                7.2.3 Threat of New Entrants                                     

                                7.2.4 Threat of Substitute Products and Services                                              

                                7.2.5 Competitive Rivalry within the Industry                                     

8.Market Leaders' Analysis                                                                         

                8.1 LumiFlow                                                     

                                8.1.1 Overview                                 

                                8.1.2 Technology Analysis                                            

                                8.1.3 Financial analysis                                  

                                8.1.4 Recent Developments                                       

                                8.1.5 SWOT analysis                                       

                                8.1.6 Analyst View                                          

                8.2 Royal Philips Electronics                                                        

                8.3 OSRAM Licht AG,                                                     

                8.4 PAR source Lighting Solutions                                                             

                8.5 Bridgelux                                                     

                8.6 General Electric Company                                                    

                8.7 Alta LED Corporation                                                              

                8.8 Solarmax                                                     

                8.9 Heliospectra                                                               

9.Competitive Landscape                                                                            

                9.1 Market share analysis                                                            

                9.2 Merger and Acquisition Analysis                                                       

                9.3 Agreements, collaborations and Joint Ventures                                                         

                9.4 New Product Launches                                                         

10.Market Outlook and Investment Opportunities                                                                          

Appendix                                                                           

                a) List of Tables                                                

                b) List of Figures                                                              

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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  1. Global Grow Light Market By Region, From 2016-2021 ( USD Million )
  2. Global Grow Light Market By Technology, From 2016-2021 ( USD Million )
  3. Global HID lights, Market By Region, From 2016-2021 ( USD Million )
  4. Global  fluorescent lights Market By Region, From 2016-2021 ( USD Million )
  5. Global LEDs Market By Region, From 2016-2021 ( USD Million )
  6. Global LEPs Market By Region, From 2016-2021 ( USD Million )
  7. Global INDUCTIONLIGHTS  Market By Region, From 2016-2021 ( USD Million )
  8. Global Grow Light Market By Installation, From 2016-2021 ( USD Million )
  9. Global New Market By Region, From 2016-2021 ( USD Million )
  10. Global Retrofit Market By Region, From 2016-2021 ( USD Million )
  11. Global Grow Light Market By Applications, From 2016-2021 ( USD Million )
  12. Global Indoor farming Market By Region, From 2016-2021 ( USD Million )
  13. Global Vertical farming Market By Region, From 2016-2021 ( USD Million )
  14. Global Rooftop farming Market By Region, From 2016-2021 ( USD Million )
  15. Global Commercial Greenhouse Market By Region, From 2016-2021 ( USD Million )
  16. North America Grow Light Market By Technology, From 2016-2021 ( USD Million )
  17. North America HID lights, Market By Region, From 2016-2021 ( USD Million )
  18. North America  fluorescent lights Market By Region, From 2016-2021 ( USD Million )
  19. North America LEDs Market By Region, From 2016-2021 ( USD Million )
  20. North America LEPs Market By Region, From 2016-2021 ( USD Million )
  21. North America INDUCTIONLIGHTS  Market By Region, From 2016-2021 ( USD Million )
  22. North America Grow Light Market By Installation, From 2016-2021 ( USD Million )
  23. North America New Market By Region, From 2016-2021 ( USD Million )
  24. North America Retrofit Market By Region, From 2016-2021 ( USD Million )
  25. North America Grow Light Market By Applications, From 2016-2021 ( USD Million )
  26. North America Indoor farming Market By Region, From 2016-2021 ( USD Million )
  27. North America Vertical farming Market By Region, From 2016-2021 ( USD Million )
  28. North America Rooftop farming Market By Region, From 2016-2021 ( USD Million )
  29. North America Commercial Greenhouse Market By Region, From 2016-2021 ( USD Million )
  30. United States Grow Light Market By Technology, From 2016-2021 ( USD Million )
  31. United States Grow Light Market By Installation, From 2016-2021 ( USD Million )
  32. United States Grow Light Market By Applications, From 2016-2021 ( USD Million )
  33. Canada Grow Light Market By Technology, From 2016-2021 ( USD Million )
  34. Canada Grow Light Market By Installation, From 2016-2021 ( USD Million )
  35. Canada Grow Light Market By Applications, From 2016-2021 ( USD Million )
  36. Europe Grow Light Market By Technology, From 2016-2021 ( USD Million )
  37. Europe HID lights, Market By Region, From 2016-2021 ( USD Million )
  38. Europe  fluorescent lights Market By Region, From 2016-2021 ( USD Million )
  39. Europe LEDs Market By Region, From 2016-2021 ( USD Million )
  40. Europe LEPs Market By Region, From 2016-2021 ( USD Million )
  41. Europe INDUCTIONLIGHTS  Market By Region, From 2016-2021 ( USD Million )
  42. Europe Grow Light Market By Installation, From 2016-2021 ( USD Million )
  43. Europe New Market By Region, From 2016-2021 ( USD Million )
  44. Europe Retrofit Market By Region, From 2016-2021 ( USD Million )
  45. Europe Grow Light Market By Applications, From 2016-2021 ( USD Million )
  46. Europe Indoor farming Market By Region, From 2016-2021 ( USD Million )
  47. Europe Vertical farming Market By Region, From 2016-2021 ( USD Million )
  48. Europe Rooftop farming Market By Region, From 2016-2021 ( USD Million )
  49. Europe Commercial Greenhouse Market By Region, From 2016-2021 ( USD Million )
  50. U.K. Grow Light Market By Technology, From 2016-2021 ( USD Million )
  51. U.K. Grow Light Market By Installation, From 2016-2021 ( USD Million )
  52. U.K. Grow Light Market By Applications, From 2016-2021 ( USD Million )
  53. Germany Grow Light Market By Technology, From 2016-2021 ( USD Million )
  54. Germany Grow Light Market By Installation, From 2016-2021 ( USD Million )
  55. Germany Grow Light Market By Applications, From 2016-2021 ( USD Million )
  56. France Grow Light Market By Technology, From 2016-2021 ( USD Million )
  57. France Grow Light Market By Installation, From 2016-2021 ( USD Million )
  58. France Grow Light Market By Applications, From 2016-2021 ( USD Million )
  59. Italy Grow Light Market By Technology, From 2016-2021 ( USD Million )
  60. Italy Grow Light Market By Installation, From 2016-2021 ( USD Million )
  61. Italy Grow Light Market By Applications, From 2016-2021 ( USD Million )
  62. Spain Grow Light Market By Technology, From 2016-2021 ( USD Million )
  63. Spain Grow Light Market By Installation, From 2016-2021 ( USD Million )
  64. Spain Grow Light Market By Applications, From 2016-2021 ( USD Million )
  65. Asia-Pacific Grow Light Market By Technology, From 2016-2021 ( USD Million )
  66. Asia-Pacific HID lights, Market By Region, From 2016-2021 ( USD Million )
  67. Asia-Pacific  fluorescent lights Market By Region, From 2016-2021 ( USD Million )
  68. Asia-Pacific LEDs Market By Region, From 2016-2021 ( USD Million )
  69. Asia-Pacific LEPs Market By Region, From 2016-2021 ( USD Million )
  70. Asia-Pacific INDUCTIONLIGHTS  Market By Region, From 2016-2021 ( USD Million )
  71. Asia-Pacific Grow Light Market By Installation, From 2016-2021 ( USD Million )
  72. Asia-Pacific New Market By Region, From 2016-2021 ( USD Million )
  73. Asia-Pacific Retrofit Market By Region, From 2016-2021 ( USD Million )
  74. Asia-Pacific Grow Light Market By Applications, From 2016-2021 ( USD Million )
  75. Asia-Pacific Indoor farming Market By Region, From 2016-2021 ( USD Million )
  76. Asia-Pacific Vertical farming Market By Region, From 2016-2021 ( USD Million )
  77. Asia-Pacific Rooftop farming Market By Region, From 2016-2021 ( USD Million )
  78. Asia-Pacific Commercial Greenhouse Market By Region, From 2016-2021 ( USD Million )
  79. Japan Grow Light Market By Technology, From 2016-2021 ( USD Million )
  80. Japan Grow Light Market By Installation, From 2016-2021 ( USD Million )
  81. Japan Grow Light Market By Applications, From 2016-2021 ( USD Million )
  82. China Grow Light Market By Technology, From 2016-2021 ( USD Million )
  83. China Grow Light Market By Installation, From 2016-2021 ( USD Million )
  84. China Grow Light Market By Applications, From 2016-2021 ( USD Million )
  85. India Grow Light Market By Technology, From 2016-2021 ( USD Million )
  86. India Grow Light Market By Installation, From 2016-2021 ( USD Million )
  87. India Grow Light Market By Applications, From 2016-2021 ( USD Million )
  88. Australia Grow Light Market By Technology, From 2016-2021 ( USD Million )
  89. Australia Grow Light Market By Installation, From 2016-2021 ( USD Million )
  90. Australia Grow Light Market By Applications, From 2016-2021 ( USD Million )
  91. South Korea Grow Light Market By Technology, From 2016-2021 ( USD Million )
  92. South Korea Grow Light Market By Installation, From 2016-2021 ( USD Million )
  93. South Korea Grow Light Market By Applications, From 2016-2021 ( USD Million )
  94. Latin America Grow Light Market By Technology, From 2016-2021 ( USD Million )
  95. Latin America HID lights, Market By Region, From 2016-2021 ( USD Million )
  96. Latin America  fluorescent lights Market By Region, From 2016-2021 ( USD Million )
  97. Latin America LEDs Market By Region, From 2016-2021 ( USD Million )
  98. Latin America LEPs Market By Region, From 2016-2021 ( USD Million )
  99. Latin America INDUCTIONLIGHTS  Market By Region, From 2016-2021 ( USD Million )
  100. Latin America Grow Light Market By Installation, From 2016-2021 ( USD Million )
  101. Latin America New Market By Region, From 2016-2021 ( USD Million )
  102. Latin America Retrofit Market By Region, From 2016-2021 ( USD Million )
  103. Latin America Grow Light Market By Applications, From 2016-2021 ( USD Million )
  104. Latin America Indoor farming Market By Region, From 2016-2021 ( USD Million )
  105. Latin America Vertical farming Market By Region, From 2016-2021 ( USD Million )
  106. Latin America Rooftop farming Market By Region, From 2016-2021 ( USD Million )
  107. Latin America Commercial Greenhouse Market By Region, From 2016-2021 ( USD Million )
  108. Brazil Grow Light Market By Technology, From 2016-2021 ( USD Million )
  109. Brazil Grow Light Market By Installation, From 2016-2021 ( USD Million )
  110. Brazil Grow Light Market By Applications, From 2016-2021 ( USD Million )
  111. Argentina Grow Light Market By Technology, From 2016-2021 ( USD Million )
  112. Argentina Grow Light Market By Installation, From 2016-2021 ( USD Million )
  113. Argentina Grow Light Market By Applications, From 2016-2021 ( USD Million )
  114. Mexico Grow Light Market By Technology, From 2016-2021 ( USD Million )
  115. Mexico Grow Light Market By Installation, From 2016-2021 ( USD Million )
  116. Mexico Grow Light Market By Applications, From 2016-2021 ( USD Million )
  117. Rest of Latin America Grow Light Market By Technology, From 2016-2021 ( USD Million )
  118. Rest of Latin America Grow Light Market By Installation, From 2016-2021 ( USD Million )
  119. Rest of Latin America Grow Light Market By Applications, From 2016-2021 ( USD Million )
  120. Middle East & Africa Grow Light Market By Technology, From 2016-2021 ( USD Million )
  121. Middle East & Africa HID lights, Market By Region, From 2016-2021 ( USD Million )
  122. Middle East & Africa  fluorescent lights Market By Region, From 2016-2021 ( USD Million )
  123. Middle East & Africa LEDs Market By Region, From 2016-2021 ( USD Million )
  124. Middle East & Africa LEPs Market By Region, From 2016-2021 ( USD Million )
  125. Middle East & Africa INDUCTIONLIGHTS  Market By Region, From 2016-2021 ( USD Million )
  126. Middle East & Africa Grow Light Market By Installation, From 2016-2021 ( USD Million )
  127. Middle East & Africa New Market By Region, From 2016-2021 ( USD Million )
  128. Middle East & Africa Retrofit Market By Region, From 2016-2021 ( USD Million )
  129. Middle East & Africa Grow Light Market By Applications, From 2016-2021 ( USD Million )
  130. Middle East & Africa Indoor farming Market By Region, From 2016-2021 ( USD Million )
  131. Middle East & Africa Vertical farming Market By Region, From 2016-2021 ( USD Million )
  132. Middle East & Africa Rooftop farming Market By Region, From 2016-2021 ( USD Million )
  133. Middle East & Africa Commercial Greenhouse Market By Region, From 2016-2021 ( USD Million )
  134. Middle East Grow Light Market By Technology, From 2016-2021 ( USD Million )
  135. Middle East Grow Light Market By Installation, From 2016-2021 ( USD Million )
  136. Middle East Grow Light Market By Applications, From 2016-2021 ( USD Million )
  137. Africa Grow Light Market By Technology, From 2016-2021 ( USD Million )
  138. Africa Grow Light Market By Installation, From 2016-2021 ( USD Million )
  139. Africa Grow Light Market By Applications, From 2016-2021 ( USD Million )
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