Global Grow Lights Market 2017-2021

  • ID: 4372284
  • Report
  • Region: Global
  • 86 pages
  • TechNavio
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FEATURED COMPANIES

  • EYE HORTILUX
  • GENERAL ELECTRIC
  • Kessil
  • LumiGrow
  • PARsource
  • SolarMAX
  • MORE
About Grow Lights

Lights that are used in a wide range of farming-related applications are called grow lights. This is because they help with the artificial growth of plants. Some of the advantages of using grow lights include high reliability, spectral intensity, and low power consumption. With rapid rise in vertical farming and greenhouse practices around the globe, the use of different grow lights is also simultaneously increasing. This is contributing to the overall growth of the market. The crops considered for the scope of the report include fruits, vegetables, flowers, and ornamental plants.

The analysts forecast the global grow lights market to grow at a CAGR of 12.60% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global grow lights market for 2017-2021. To calculate the market size, the report considers the value sales of grow lights.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global LED Agricultural Grow Lights Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Philips Lighting Holding
  • GENERAL ELECTRIC
  • OSRAM Licht
  • Gavita International
  • LumiGrow
Other prominent vendors
  • Heliospectra
  • SolarMAX
  • PARsource
  • Transcend Lighting
  • EYE HORTILUX
  • Twilight Group
  • Lemnis Oreon
  • Kessil
Market drivers
  • Rise in indoor farming practices
  • For a full, detailed list, view the full report
Market challenges
  • Drawbacks associated with grow lights
  • For a full, detailed list, view the full report
Market trends
  • Advent of urban farming
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • EYE HORTILUX
  • GENERAL ELECTRIC
  • Kessil
  • LumiGrow
  • PARsource
  • SolarMAX
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Global LED general lighting market
PART 05: Market landscape
  • Market overview
  • Five forces analysis
PART 06: Market segmentation by end-usage
  • Global grow lights market by end-usage
  • Global grow lights market for commercial usage
  • Global grow lights market for residential usage
  • Global grow lights market for R&D in institutional and industrial/commercial usage
PART 07: Market segmentation by product
  • Global grow lights market by product
  • Global LED grow lights market
  • Global fluorescent grow lights market
  • Global HPS grow lights market
  • Global incandescent and halogen grow lights market
PART 08: Geographical segmentation
  • Global grow lights market by geography
  • Grow lights market in EMEA
  • Grow lights market in Americas
  • Grow lights market in APAC
PART 09: Key leading countries
  • US
  • UK
  • Japan
  • China
PART 10: Decision framework

PART 11: Drivers and challenges
  • Market drivers
  • Market challenges
PART 12: Market trends
  • Emergence of horticultural lighting calculator
  • Vertical farming, greenhouses, and container farming
  • Advent of urban farming
PART 13: Vendor landscape
  • Competitive scenario
  • Key competitive strategies
  • Comparative analysis of the key vendors
PART 14: Key vendor analysis
  • Philips Lighting Holding
  • GENERAL ELECTRIC
  • OSRAM Licht
  • Gavita International
  • LumiGrow
  • Other prominent vendors
PART 15: Appendix
  • List of abbreviation
List of Exhibits
Exhibit 01: Global LED general lighting market 2016-2021 ($ billions)
Exhibit 02: Global general lighting market: CAGR of product segments 2016-2021
Exhibit 03: Global grow lights market by segmentation
Exhibit 04: Global grow lights market 2016-2021 ($ millions)
Exhibit 05: Five forces analysis
Exhibit 06: Global grow lights market: Segmentation by end-usage
Exhibit 07: Global grow lights market: Segmentation by end-user (% share of revenue)
Exhibit 08: Global grow lights market for commercial usage 2016-2021 ($ millions)
Exhibit 09: Global grow lights market for residential usage 2016-2021 ($ millions)
Exhibit 10: Global grow lights market for R&D in institutional and industrial/commercial usage 2016-2021 ($ millions)
Exhibit 11: Global grow lights market: Segmentation by product
Exhibit 12: Global grow lights market: Segmentation by product 2016 and 2021 (% share of revenue)
Exhibit 13: Global LED grow lights market 2016-2021 ($ millions)
Exhibit 14: Global fluorescent grow lights market: Segmentation by type
Exhibit 15: Global fluorescent grow lights market 2016-2021 ($ millions)
Exhibit 16: Global HPS grow lights market 2016-2021 ($ millions)
Exhibit 17: Global incandescent and halogen grow lights market 2016-2021 ($ millions)
Exhibit 18: Global grow lights market: Segmentation by geography 2016 and 2021 (% share of revenue)
Exhibit 19: Grow lights market in EMEA 2016-2021 ($ millions)
Exhibit 20: Grow lights market in Americas 2016-2021 ($ millions)
Exhibit 21: Grow lights market in APAC 2016-2021 ($ millions)
Exhibit 22: Individual component cost and the total cost of rose flower horticulture farm construction (one hectare) 2015
Exhibit 23: Geographical presence analysis of key vendors 2016
Exhibit 24: Comparison of key vendors on product portfolio, product pricing, and geographical presence 2016
Exhibit 25: Philips Lighting Holding: Business segmentation
Exhibit 26: Philips Lighting Holding: Business segmentation 2016 (% share of revenue)
Exhibit 27: Philips Lighting: Geographical presence 2016 (% share of revenue)
Exhibit 28: Philips Lighting Holding in the global grow lights market: Segmentation by application 2016
Exhibit 29: GENERAL ELECTRIC: Classification by operating segments
Exhibit 30: GENERAL ELECTRIC: Classification by operating segments 2016 (% share)
Exhibit 31: GENERAL ELECTRIC: Classification by geography 2016 (% share of revenue)
Exhibit 32: GENERAL ELECTRIC in the global grow lights market by application
Exhibit 33: OSRAM Licht: Classification by operating segments
Exhibit 34: OSRAM Licht: Classification by operating segments 2016 (% share of revenue)
Exhibit 35: OSRAM Licht: Geographical presence 2016 (% share of revenue)
Exhibit 36: OSRAM Licht in global grow lights market
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • EYE HORTILUX
  • GENERAL ELECTRIC
  • Kessil
  • LumiGrow
  • PARsource
  • SolarMAX
  • MORE
New Report Released: - Global Grow Lights Market 2017-2021

The author of the report recognizes the following companies as the key players in the global grow lights market: Philips Lighting Holding, GENERAL ELECTRIC, OSRAM Licht, Gavita International, and LumiGrow.

Other Prominent Vendors in the market are: Heliospectra, SolarMAX, PARsource, Transcend Lighting, EYE HORTILUX, Twilight Group, Lemnis Oreon, and Kessil.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Advent of urban farming. Growing fruits and vegetables in and around home and garden spaces is a global booming trend. Several companies are coming up with hanging bags, pull out drawers with grow lights attached to them, or even racks attached with grow lights that enable farming in the kitchen area. Advances in urban farming have led companies such as Grove Labs to pilot hydroponic fridges designed to grow vegetables at homes or small commercial kitchens.”

According to the report, one of the major drivers for this market is Rise in indoor farming practices. The importance of building a secure and consistent food supply facility is becoming increasingly important with the expansion of the global population. This is because the amount of arable land and water to support traditional agriculture practices is dwindling. Traditional agricultural practices are tied to locations that possess sufficient land and water.

The need for indoor farming is further increasing. This is because this practice is decoupled from such needs, leading it to be closer to the point of end consumption. Some of the diverse types of indoor agriculture facilities include an aeroponic greenhouse, indoor vertical farm, aquaponic greenhouse, soil-based greenhouse, container farm, in home systems, and hydroponic greenhouses. Thus, with the advent of distinct types of indoor facilities along with growing population and urbanization, farmers are coming up with indoor facilities closer to urbanized areas to enable local, stable, and sustainable year-round food supply.

Further, the report states that one of the major factors hindering the growth of this market is Drawbacks associated with grow lights. Grow lights are being widely used due to the rapid expansion of indoor farming practices all over the globe. Indoor farming facilities cannot be run without the use of these lights. These lights are currently used even in households to help consumers cultivate their own food. Thus, the need for grow lights is expected to increase at an exponential rate in the future. However, they still do pose a few challenges. For instance, the light emanating from grow lights is focused on small areas. The high purchasing cost of these lights, particularly LED lights is another challenge that growers face.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Philips Lighting Holding
  • GENERAL ELECTRIC
  • OSRAM Licht
  • Gavita International
  • LumiGrow
  • Heliospectra
  • SolarMAX
  • PARsource
  • Transcend Lighting
  • EYE HORTILUX
  • Twilight Group
  • Lemnis Oreon
  • Kessil
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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