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Grow Lights - Global Market Outlook (2018-2027)

  • ID: 4897481
  • Report
  • January 2020
  • Region: Global
  • 152 pages
  • Stratistics Market Research Consulting Pvt Ltd
10% Free customization

This report comes with 10% free customization, enabling you to add data that meets your specific business needs.

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FEATURED COMPANIES

  • Epistar Corp.
  • Gavita Holland B.V.
  • General Electric Company
  • Grow LED Hydro
  • Heliospectra Ab.
  • Hortilux Schreder B.V.
  • MORE
The Grow Lights Market accounted for $3.05 billion in 2018 and is expected to reach $9.72 billion by 2027 growing at a CAGR of 13.7% during the forecast period. Some of the factors such as growth in indoor farming practices, increasing number of plant factories, and need for sustainable development among growers driving the market growth. However, huge costs of energy-efficient and better quality grow lights, and requirement of different light spectrums for different crops are restraining the market.

A grow light is an artificial light source, generally an electric light, designed to stimulate plant growth by emitting a light appropriate for photosynthesis. Grow lights are used in applications where there is either no naturally occurring light or where supplemental light is required. Grow lights either attempt to provide a light spectrum similar to that of the sun, or to provide a spectrum that is more tailored to the needs of the plants being cultivated.

By technology, Light-Emitting Diode (LED) is estimated to have a lucrative growth because of the increase in demand for energy-efficient and economical grow lights among consumers and increasing government activities to support the adoption of LED lights over the globe. Based on geography, Asia Pacific is going to have a lucrative growth during the forecast period owing to the rapid growth in urban agriculture, such as vertical farming, greenhouses, and growth chambers. Countries, like Japan, Taiwan, and China are the major source of demand for grow lights in the region and are estimated to stay so over the forecast period.

Some of the key players in Global Grow Lights market include General Electric Company, Gavita Holland B.V., Iwasaki Electric Co., Ltd., Royal Philips Electronics BV, Heliospectra Ab., Osram Licht AG, Lumigrow Inc., Hortilux Schreder B.V., Illumitex Inc., Everlight Electronics Co. Ltd, Sunlight Supply Inc., Epistar Corp., Grow LED Hydro, and Signify NV.

Spectrums Covered:
  • Partial Spectrum
  • Full Spectrum
Light Sources Covered:
  • High-pressure Sodium (HPS)
  • Fluorescent Lights
  • Light Emitting Diodes
  • Other Light Sources
Installations Covered:
  • New Installations
  • Retrofit Installations
Technologies Covered:
  • High-intensity Discharge (HID) Lights
  • Fluorescent Lighting
  • Light-Emitting Diode (LED)
  • High-Intensity Discharge
  • Other Technologies
Applications Covered:
  • Commercial Greenhouse
  • Research
  • Indoor Farming
  • TURF and Landscaping
  • Vertical Farming
  • Other Applications
Regions Covered:

North America
  • US
  • Canada
  • Mexico
Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa
What the report offers:
  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements
Free Customization Offerings:

Purchasers of this report will be entitled to receive one of the following free customization options:

1. Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
2. Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
3. Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances.

This report will be delivered within 1 to 2 business days.
Note: Product cover images may vary from those shown
2 of 3

FEATURED COMPANIES

  • Epistar Corp.
  • Gavita Holland B.V.
  • General Electric Company
  • Grow LED Hydro
  • Heliospectra Ab.
  • Hortilux Schreder B.V.
  • MORE
1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Grow Lights Market, By Spectrum
5.1 Introduction
5.2 Partial Spectrum
5.3 Full Spectrum

6 Global Grow Lights Market, By Light Source
6.1 Introduction
6.2 High-pressure Sodium (HPS)
6.3 Fluorescent Lights
6.4 Light Emitting Diodes
6.5 Other Light Sources

7 Global Grow Lights Market, By Installation
7.1 Introduction
7.2 New Installations
7.3 Retrofit Installations

8 Global Grow Lights Market, By Technology
8.1 Introduction
8.2 High-intensity Discharge (HID) Lights
8.2.1 Ceramic Metal Halide Lamps
8.2.2 High Intensity Sodium Lamps
8.2.3 Combination MH and HPS lamps
8.2.4 Metal-Halide Lamps
8.2.5 Other Light Sources
8.2.5.1 Switchable Ballasts
8.2.5.2 Conversion Bulbs
8.3 Fluorescent Lighting
8.3.1 T5
8.3.2 Compact Fluorescent Light (CFL)
8.3.2.1 White Color
8.3.2.2 Neutral White Color
8.4 Light-Emitting Diode (LED)
8.4.1 LED Based on Crop Type
8.4.1.1 Food and Flower
8.4.1.2 Vegetative
8.5 High-Intensity Discharge
8.5.1 Metal–Halide Lamp
8.5.2 High-Pressure Sodium Lamp
8.6 Other Technologies
8.6.1 Plasma Lighting
8.6.2 Induction Lighting

9 Global Grow Lights Market, By Application
9.1 Introduction
9.2 Commercial Greenhouse
9.3 Research
9.4 Indoor Farming
9.5 TURF and Landscaping
9.6 Vertical Farming
9.7 Other Applications

10 Global Grow Lights Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa

11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies

12 Company Profiling
12.1 General Electric Company
12.2 Gavita Holland B.V.
12.3 Iwasaki Electric Co., Ltd.
12.4 Royal Philips Electronics BV
12.5 Heliospectra Ab.
12.6 Osram Licht AG
12.7 Lumigrow Inc.
12.8 Hortilux Schreder B.V.
12.9 Illumitex Inc.
12.10 Everlight Electronics Co. Ltd
12.11 Sunlight Supply Inc.
12.12 Epistar Corp.
12.13 Grow LED Hydro
12.14 Signify NV

List of Tables
Table 1 Global Grow Lights Market Outlook, By Region (2017-2027) (US $MN)
Table 2 Global Grow Lights Market Outlook, By Spectrum (2017-2027) (US $MN)
Table 3 Global Grow Lights Market Outlook, By Partial Spectrum (2017-2027) (US $MN)
Table 4 Global Grow Lights Market Outlook, By Full Spectrum (2017-2027) (US $MN)
Table 5 Global Grow Lights Market Outlook, By Light Source (2017-2027) (US $MN)
Table 6 Global Grow Lights Market Outlook, By High-pressure Sodium (HPS) (2017-2027) (US $MN)
Table 7 Global Grow Lights Market Outlook, By Fluorescent Lights (2017-2027) (US $MN)
Table 8 Global Grow Lights Market Outlook, By Light Emitting Diodes (2017-2027) (US $MN)
Table 9 Global Grow Lights Market Outlook, By Other Light Sources (2017-2027) (US $MN)
Table 10 Global Grow Lights Market Outlook, By Installation (2017-2027) (US $MN)
Table 11 Global Grow Lights Market Outlook, By New Installations (2017-2027) (US $MN)
Table 12 Global Grow Lights Market Outlook, By Retrofit Installations (2017-2027) (US $MN)
Table 13 Global Grow Lights Market Outlook, By Technology (2017-2027) (US $MN)
Table 14 Global Grow Lights Market Outlook, By High-intensity Discharge (HID) Lights (2017-2027) (US $MN)
Table 15 Global Grow Lights Market Outlook, By Ceramic Metal Halide Lamps (2017-2027) (US $MN)
Table 16 Global Grow Lights Market Outlook, By High Intensity Sodium Lamps (2017-2027) (US $MN)
Table 17 Global Grow Lights Market Outlook, By Combination MH and HPS lamps (2017-2027) (US $MN)
Table 18 Global Grow Lights Market Outlook, By Metal-Halide Lamps (2017-2027) (US $MN)
Table 19 Global Grow Lights Market Outlook, By Other Light Sources (2017-2027) (US $MN)
Table 20 Global Grow Lights Market Outlook, By Fluorescent Lighting (2017-2027) (US $MN)
Table 21 Global Grow Lights Market Outlook, By T5 (2017-2027) (US $MN)
Table 22 Global Grow Lights Market Outlook, By Compact Fluorescent Light (CFL) (2017-2027) (US $MN)
Table 23 Global Grow Lights Market Outlook, By Light-Emitting Diode (LED) (2017-2027) (US $MN)
Table 24 Global Grow Lights Market Outlook, By LED Based on Crop Type (2017-2027) (US $MN)
Table 25 Global Grow Lights Market Outlook, By High-Intensity Discharge (2017-2027) (US $MN)
Table 26 Global Grow Lights Market Outlook, By Metal–Halide Lamp (2017-2027) (US $MN)
Table 27 Global Grow Lights Market Outlook, By High-Pressure Sodium Lamp (2017-2027) (US $MN)
Table 28 Global Grow Lights Market Outlook, By Other Technologies (2017-2027) (US $MN)
Table 29 Global Grow Lights Market Outlook, By Plasma Lighting (2017-2027) (US $MN)
Table 30 Global Grow Lights Market Outlook, By Induction Lighting (2017-2027) (US $MN)
Table 31 Global Grow Lights Market Outlook, By Application (2017-2027) (US $MN)
Table 32 Global Grow Lights Market Outlook, By Commercial Greenhouse (2017-2027) (US $MN)
Table 33 Global Grow Lights Market Outlook, By Research (2017-2027) (US $MN)
Table 34 Global Grow Lights Market Outlook, By Indoor Farming (2017-2027) (US $MN)
Table 35 Global Grow Lights Market Outlook, By TURF and Landscaping (2017-2027) (US $MN)
Table 36 Global Grow Lights Market Outlook, By Vertical Farming (2017-2027) (US $MN)
Table 37 Global Grow Lights Market Outlook, By Other Applications (2017-2027) (US $MN)

NOTE: The tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

Note: Product cover images may vary from those shown
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  • General Electric Company
  • Gavita Holland B.V.
  • Iwasaki Electric Co., Ltd.
  • Royal Philips Electronics BV
  • Heliospectra Ab.
  • Osram Licht AG
  • Lumigrow Inc.
  • Hortilux Schreder B.V.
  • Illumitex Inc.
  • Everlight Electronics Co. Ltd
  • Sunlight Supply Inc.
  • Epistar Corp.
  • Grow LED Hydro
  • Signify NV
Note: Product cover images may vary from those shown
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