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Global Greenhouse Grow Light Industry by Type and Size Industry Report 2016 to 2021




(Entertainment-NewsWire.com, December 07, 2017 ) Greenhouse Grow Light Industry Size was worth USD 3.65 billion in 2016 and estimated to be growing at a CAGR of 11.9%, to reach USD 6.40 billion 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.

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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.

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The growth of the global Greenhouse Grow Light industry is majorly 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 industry growth.

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Market Segmentation

Spectrum

o Introduction

o Partial Spectrum

o Full Spectrum

o Y-o-Y Growth Analysis, By Spectrum

o Industry Attractiveness Analysis, By Spectrum

o Industry Share Analysis, By Spectrum

Installation

o Introduction

o New Installation

o Retrofit

o Y-o-Y Growth Analysis, By Installation

o Industry Attractiveness Analysis, By Installation

o Industry Share Analysis, By Installation

Application

Introduction

Indoor Farming

Vertical Farming

Greenhouse

TURF and Landscaping

Other Applications

Y-o-Y Growth Analysis, By Application

Industry Attractiveness Analysis, By Application

Industry Share Analysis, By Application

Technology

Introduction

High-Intensity Discharge

High Pressure Sodium Lamp

Metal Halide Lamp

Fluorescent Lighting

T5

CFL

LED

Other Technologies

Y-o-Y Growth Analysis, By Technology

Industry Attractiveness Analysis, By Technology

Industry Share Analysis, By Technology



The industry has also been geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. In 2015, Europe led the global Greenhouse Grow Light industry in terms of industry share., owing to the beginning of greenhouse culture in Europe because of favourable climate conditions. The industry for these Greenhouse Grow Light in Asia-Pacific area is amplifying because more of supportive government policies and increasing demand for greenhouses. The Asia-Pacific and other rising nations are foreseen to develop at a quick pace in the Greenhouse Grow Light industry in the following years when compared with the seasoned industrys of developed regions.

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The major players operating in the Global 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.

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About Market Data Forecast:

Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com

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