Share on

North 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 Forecast 2022 to 2027

Published: March, 2023
ID: 4720
Pages: 145
Formats: report pdf report excel report power bi report ppt

North America Greenhouse Grow Light Market Growth 2022 - 2027:

North America Greenhouse Grow Light Market Size was worth USD 1.33 billion in 2021 and estimated to be growing at a CAGR of 11.2%, to reach USD 2.26 billion by 2026.

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.

Market Drivers:

The North America Greenhouse Grow Light market is driven by the rise in the 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.

Market Segmentation:

North America Greenhouse Grow Light Market – By Spectrum:

  • partial spectrum
  • full spectrum

North America Greenhouse Grow Light Market – By Installation:

  • new installations
  • retrofit

North America Greenhouse Grow Light Market – By Technology:

  • high-intensity discharge
  • fluorescent lighting
  • LED
  • others

North America Greenhouse Grow Light Market – By Application:

  • indoor farming
  • vertical farming
  • commercial greenhouse
  • TURF and landscaping
  • research
  • applications

Geographical Analysis:

The North American market has been geographically segmented into the US and Canada. The North American region holds the second major stake in the aggregate income of the north america Greenhouse Grow Light market in 2016 because of noteworthy growth in demand, brought about by established distribution channels and supportive governmental policies.

Key Players:

The major players operating in the North 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.

Please wait. . . . Your request is being processed

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2000

Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM

Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!

REACH OUT TO US

Call us on: +1 888 702 9696 (U.S Toll Free)

Write to us: [email protected]

Click for Request Sample