This report identifies the Grow lights market size in terms of value for the year 2014-2016, and forecast of the same for year 2021. It highlights potential growth opportunities in the coming years, while also reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects with respect to grow lights market.
This report has been divided based on type which includes High Intensity Discharge (HID), Plasma, Fluorescent and Light Emitting Diode (LED).
This report also includes grow lights market in terms of its type of installation; namely new installation and retrofit installation. The report is also segmented on the basis of its application; namely Vertical Farming, Indoor Farming, Commercial Greenhouse and Others.
This is report has been further segmented into major regions, which includes detailed analysis of each region such as Americas, Europe, Asia-Pacific (APAC) and Rest of the World (RoW) covering all the major country level markets in each of the region.
Globally demand for grow lights is expected to witness growth in the upcoming future due to the growing nature of end-user industries of grow lights as well as due to the increase in government support for usage of grow lights for farming and related activities. The major factor restraining the substantial growth of grow lights is the high cost associated with it. North America and Europe has the highest markets share by value in global grow lights market and Asia Pacific region is projected to have a significant growth during the forecast period due to increasing presence of end-use industries in the region.
This market research report includes in depth analysis of grow lights in each application and in the regional segment separately to provide in depth view of key insights and market scenario. Forecasts are also provided for all the market segments for the period 2016-2021.
This report also includes detailed profiling of following major players operating in the global grow lights market:
General Electric Company
Osram Licht AG
Gavita Holland B.V.
Royal Philips Electronics N.V.
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2. Executive Summary
3. Grow lights - Market Landscape
3.1. Market Share Analysis
3.2. Comparative Analysis
3.2.1. Product Benchmarking
3.2.2. End User Profiling
3.2.3. Top 5 Financials Analysis
4. Grow lights - Market Forces
4.1. Market Drivers
4.1.1. Growing end-use industries of grow lights
4.1.2. Government support for increased usage of grow lights
4.2. Market Constraints
4.2.1. High cost associated with Grow lights
4.3. Market Challenges
4.3.1. Lack of standardized testing capabilities and practices to assess the grow light equipment
4.4. Attractiveness of the Grow lights Industry
4.4.1. Power of Suppliers
4.4.2. Power of Customers
4.4.3. Threat of New Entrants
4.4.4. Threat of Substitution
4.4.5. Degree of Competition
5. Grow lights Market - Strategic Analysis
5.1. Value Chain Analysis
5.2. Pricing Analysis
5.3. Opportunities Analysis
5.4. Product/Market Life Cycle Analysis
5.5. Suppliers and Distributors
6. Grow lights Market - By Type:
6.1. Light emitting Diode (LED)
6.2. High Intensity Discharge (HID)
7. Grow lights Market - By Installation Type:
8. Grow lights Market - By Application:
8.1. Indoor Farming
8.2. Commercial Greenhouse
8.3. Vertical Farming and
9. Grow lights Market - By Geography:
9.2. Global Study
9.3.1. North America
9.5.2. South Korea
10. Market Entropy
10.1. New Product Launches
10.2. M&As, Collaborations, JVs and Partnerships
11. Company Profiles
11.1. General Electric Company
11.2. Osram Licht AG
11.3. Gavita Holland B.V.
11.4. Royal Philips Electronics N.V.
11.5. Heliospectra AB
11.6. Iwasaki Electric Co., Ltd.
11.7. Illumitex, Inc.
11.8. Lumigrow, Inc.
11.9. Hortilux Schréder B.V.
11.10. Igrow Induction Lighting LLC
*More than 40 Companies are profiled in this Research Report, Complete List available on Request*
"*Financials would be provided on a best efforts basis for private companies"
12.3. Research Methodology
12.5. Compilation of Expert Insights
- Osram Licht AG
- Gavita Holland B.V.
- Royal Philips Electronics N.V.
- Heliospectra AB
- Iwasaki Electric Co., Ltd.
- Illumitex, Inc.
- Lumigrow, Inc.
- Hortilux Schréder B.V.
- Igrow Induction Lighting LLC