Latin America Greenhouse Grow Light Market By Spectrum (partial, Full), By Installation (new, Retrofit), By Technology (high-intensity Discharge, Fluorescent, LED, Others), By Application (indoor Farming, Vertical Farming, Greenhouse, Others) And By Region - Industry Analysis, Size, Share, Growth, Trends And Forecasts (2016–2021)

Latin America Greenhouse Grow Light Market By Spectrum (partial, Full), By Installation (new, Retrofit), By Technology (high-intensity Discharge, Fluorescent, LED, Others), By Application (indoor Farming, Vertical Farming, Greenhouse, Others) And By Region - Industry Analysis, Size, Share, Growth, Trends And Forecasts (2016–2021)

ID: 4903 | Pages: 145 | November 2017 | Region: Latin America


The Latin America Greenhouse Grow Light Market was worth USD 440 million in 2016 and estimated to be growing at a CAGR of 10.6%, to reach USD 720 million by 2021. Grow lights, particularly LEDs are used in a huge range of farming-related applications, owing to the advantages they offer such as high low power consumption, reliability, and spectral intensity.

A greenhouse is a house made of glass. It has glass walls and a glass roof. People grow tomatoes and flowers and other plants in them. A greenhouse stays warm inside, even during winter. Sunlight shines in and warms the plants and air inside.

The Latin America Greenhouse Grow Light market is driven by the rise in adoption of greenhouses, owing to rapid innovation in technology and rising disposable incomes of people willing to invest in farming. Technological innovations have further helped in lowering the costs of necessary Grow Light which aids in increasing the feasibility of owning a greenhouse. The adoption of greenhouse adoption technologies and encouragement from governments also act as drivers of market growth.

The Latin America Greenhouse Grow Light market is segmented on the basis of spectrum, installation, technology, application, and by region. On the basis of spectrum, the market is segmented into partial spectrum and full spectrum. On the basis of installation, the market is categorised into new installations and retrofit. On the basis of technology, the market is segmented into high-intensity discharge, fluorescent lighting, LED and others. On the basis of application, the market is segmented into indoor farming, vertical farming, commercial greenhouse, TURF and landscaping, research, and other applications.

Latin America market region includes countries such as Brazil, Mexico, Argentina, and remaining countries of South America. The huge rise in spending in the Greenhouse Grow Light market has increased the demand in the market. Brazil is one of the largest markets in this region followed by Mexico, Argentina, and Columbia. The availability of large customer base with rising disposable incomes is set to drive the market in the foreseeable future.

The major players operating in the Latin America Greenhouse Grow Light industry 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., and Sunlight Supply Inc.

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 Spectrum                                                    

                                5.1.1 Introduction                                           

                                5.1.2 Partial Spectrum                                   

                                5.1.3 Full Spectrum                                         

                                5.1.4  Y-o-Y Growth Analysis, By Spectrum                                           

                                5.1.5  Market Attractiveness Analysis, By Spectrum                                         

                                5.1.6  Market Share Analysis, By Spectrum                                          

                5.2 Installation                                                  

                                5.2.1 Introduction                                           

                                5.2.2 New Installation                                   

                                5.2.3 Retrofit                                     

                                5.2.4 Y-o-Y Growth Analysis, By Installation                                         

                                5.2.5 Market Attractiveness Analysis, By Installation                                       

                                5.2.6 Market Share Analysis, By Installation                                         

                5.3 Application                                                 

                                5.3.1 Introduction                                           

                                5.3.2 Indoor Farming                                     

                                5.3.3 Vertical Farming                                    

                                5.3.4 Greenhouse                                           

                                5.3.5 TURF and Landscaping                                       

                                5.3.6 Other Applications                                               

                                5.3.7 Y-o-Y Growth Analysis, By Application                                         

                                5.3.8  Market Attractiveness Analysis, By Application                                      

                                5.3.9  Market Share Analysis, By Application                                       

                5.4 Technology                                                 

                                5.4.1 Introduction                                           

                                5.4.2 High-Intensity Discharge                                   

                                                5.4.2.1 High Pressure Sodium Lamp                        

                                                5.4.2.2 Metal Halide Lamp                           

                                5.4.3 Fluorescent Lighting                                            

                                                5.4.3.1 T5                            

                                                5.4.3.2 CFL                          

                                5.4.4 LED                                             

                                5.4.5 Other Technologies                                             

                                5.4.6 Y-o-Y Growth Analysis, By Technology                                        

                                5.4.7  Market Attractiveness Analysis, By Technology                                     

                                5.4.8  Market Share Analysis, By Technology                                       

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 Spectrum                       

                                                6.1.3.3 By Installation                    

                                                6.1.3.4 By Application                    

                                                6.1.3.5 By Technology                   

                                6.1.4  Market Attractiveness Analysis                                     

                                                6.1.4.1 By Geographical Area                     

                                                6.1.4.2 By Spectrum                       

                                                6.1.4.3 By Installation                    

                                                6.1.4.4 By Application                    

                                                6.1.4.5 By Technology                   

                                6.1.5  Market Share Analysis                                      

                                                6.1.5.1 By Geographical Area                     

                                                6.1.5.2 By Spectrum                       

                                                6.1.5.3 By Installation                    

                                                6.1.5.4 By Application                    

                                                6.1.5.5 By Technology                   

                6.2 Brazil                                                             

                6.3 Mexico                                                         

                6.4 Rest of Latin America                                                             

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 Royal Philips                                                               

                                8.1.1 Overview                                 

                                8.1.2 Product Analysis                                   

                                8.1.3 Financial analysis                                  

                                8.1.4 Recent Developments                                       

                                8.1.5 SWOT analysis                                       

                                8.1.6 Analyst View                                          

                8.2 General Electric Company                                                    

                8.3 Osram Licht AG                                                         

                8.4 Gavita Holland B.V                                                   

                8.5 Lumigrow Inc                                                             

                8.6 Heliospectra Ab                                                        

                8.7 Iwasaki Electric Co                                                   

                8.8 Illumitex Inc                                               

                8.9 Hortilux Schreder B.V                                                             

                8.10 Sunlight Supply                                                       

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                                                              

  • 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 spectrum, installation, technology, application 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 Latin America market; which includes broadly demographic, economic 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 analyzing 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. Latin America Greenhouse Grow Light Market By Spectrum, From 2016-2021 ( USD Million )
  2. Latin America Partial Spectrum Market By Region, From 2016-2021 ( USD Million )
  3. Latin America Full Spectrum Market By Region, From 2016-2021 ( USD Million )
  4. Latin America Greenhouse Grow Light Market By Installation, From 2016-2021 ( USD Million )
  5. Latin America New Installation Market By Region, From 2016-2021 ( USD Million )
  6. Latin America Retrofit Market By Region, From 2016-2021 ( USD Million )
  7. Latin America Greenhouse Grow Light Market By Application, From 2016-2021 ( USD Million )
  8. Latin America Indoor Farming Market By Region, From 2016-2021 ( USD Million )
  9. Latin America Vertical Farming Market By Region, From 2016-2021 ( USD Million )
  10. Latin America Greenhouse Market By Region, From 2016-2021 ( USD Million )
  11. Latin America TURF and Landscaping Market By Region, From 2016-2021 ( USD Million )
  12. Latin America Other Applications Market By Region, From 2016-2021 ( USD Million )
  13. Latin America Greenhouse Grow Light Market By Technology, From 2016-2021 ( USD Million )
  14. Latin America High-Intensity Discharge Market By Region, From 2016-2021 ( USD Million )
  15. Latin America Fluorescent Lighting Market By Region, From 2016-2021 ( USD Million )
  16. Latin America LED Market By Region, From 2016-2021 ( USD Million )
  17. Latin America Others Market By Region, From 2016-2021 ( USD Million )
  18. Brazil Greenhouse Grow Light Market By Spectrum, From 2016-2021 ( USD Million )
  19. Brazil Greenhouse Grow Light Market By Installation, From 2016-2021 ( USD Million )
  20. Brazil Greenhouse Grow Light Market By Application, From 2016-2021 ( USD Million )
  21. Brazil Greenhouse Grow Light Market By Technology, From 2016-2021 ( USD Million )
  22. Argentina Greenhouse Grow Light Market By Spectrum, From 2016-2021 ( USD Million )
  23. Argentina Greenhouse Grow Light Market By Installation, From 2016-2021 ( USD Million )
  24. Argentina Greenhouse Grow Light Market By Application, From 2016-2021 ( USD Million )
  25. Argentina Greenhouse Grow Light Market By Technology, From 2016-2021 ( USD Million )
  26. Mexico Greenhouse Grow Light Market By Spectrum, From 2016-2021 ( USD Million )
  27. Mexico Greenhouse Grow Light Market By Installation, From 2016-2021 ( USD Million )
  28. Mexico Greenhouse Grow Light Market By Application, From 2016-2021 ( USD Million )
  29. Mexico Greenhouse Grow Light Market By Technology, From 2016-2021 ( USD Million )
  30. Rest of Latin America Greenhouse Grow Light Market By Spectrum, From 2016-2021 ( USD Million )
  31. Rest of Latin America Greenhouse Grow Light Market By Installation, From 2016-2021 ( USD Million )
  32. Rest of Latin America Greenhouse Grow Light Market By Application, From 2016-2021 ( USD Million )
  33. Rest of Latin America Greenhouse Grow Light Market By Technology, From 2016-2021 ( USD Million )
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