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Grow Light Market Intelligence Report - Global Forecast to 2027

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    Report

  • 115 Pages
  • July 2022
  • Region: Global
  • Think Market Intelligence
  • ID: 5624098
UP TO OFF until Dec 31st 2022
The Global Grow Light Market is projected to reach USD 4,431.66 million by 2027 from USD 2,047.94 million in 2021, at a CAGR of 13.72% during the forecast period.

Market Statistics:

The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available.

In this report, the years 2019 and 2020 are considered as historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered as the forecast period.

  • The Americas Grow Light Market size was estimated at USD 657.14 million in 2021 and expected to reach USD 735.59 million in 2022, at a CAGR of 13.19% to reach USD 1,382.33 million by 2027.
  • The Asia-Pacific Grow Light Market size was estimated at USD 488.45 million in 2021 and expected to reach USD 566.96 million in 2022, at a CAGR of 14.54% to reach USD 1,103.28 million by 2027.
  • The Europe, Middle East & Africa Grow Light Market size was estimated at USD 902.34 million in 2021 and expected to reach USD 1,022.84 million in 2022, at a CAGR of 13.66% to reach USD 1,946.04 million by 2027.

Market Segmentation & Coverage:

The report on grow light identifies key attributes about the customer to define the potential market and identify different needs across the industry. Understanding the potential customer group's economies and geographies can help gain business acumen for better strategic decision-making. Our market coverage across different industry verticals reveals the hidden truth about the players' strategies in different verticals and helps the organization decide target audience. This report gives you the composite view of sub-markets coupled with comprehensive industry coverage and provides you with the right way of accounting factors such as norms & regulations, culture, to make right coverage strategy for your market plan.

This research report categorizes the grow light to forecast the revenues and analyze the trends in each of the following sub-markets:

Installation:

  • New Installation
  • Retrofit

Watt:

  • Above 300 Watt
  • Below 300 Watt

Technology:

  • Fluorescent Lighting
  • High-intensity Discharge
  • LED

Product:

  • Hardware
  • Software & Services

Lighting Type:

  • Interlighting
  • Toplighting

Spectrum:

  • Full-spectrum
  • Partial Spectrum

Application:

  • Greenhouse
  • Indoor Farming
  • Turf and Landscaping
  • Vertical Farming

Region:

  • Americas
    • Argentina
    • Brazil
    • Canada
    • Mexico
    • United States
      • California
      • Florida
      • Illinois
      • Massachusetts
      • New Jersey
      • New York
      • Ohio
      • Pennsylvania
      • Texas
  • Asia-Pacific
    • Australia
    • China
    • India
    • Indonesia
    • Japan
    • Malaysia
    • Philippines
    • Singapore
    • South Korea
    • Taiwan
    • Thailand
    • Vietnam
  • Europe, Middle East & Africa
    • Denmark
    • Egypt
    • Finland
    • France
    • Germany
    • Israel
    • Italy
    • Netherlands
    • Nigeria
    • Norway
    • Poland
    • Qatar
    • Russia
    • Saudi Arabia
    • South Africa
    • Spain
    • Sweden
    • Switzerland
    • Turkey
    • United Arab Emirates
    • United Kingdom

Company Usability Profiles:

  • Aerofarms
  • Bowery Farming, Inc.
  • California Lightworks
  • Emium Lighting, LLC
  • Epistar Corporation
  • Everlight Electronics Co., Ltd.
  • Gavita International B.V.
  • Heliospectra AB
  • Hortilux Schreder B.V.
  • Iwasaki Electric Co. Ltd.
  • Kessil
  • Koninklijke Philips N.V.
  • LumiGrow, Inc.
  • Osram Licht AG
  • Platinum LED Lights LLC
  • Savant Systems Inc.
  • Scotts Miracle-Gro Company
  • Thrive Agritech Inc.
  • Valoya Ltd.
  • VividGro LED Grow Lights
Frequently Asked Questions about the Global Grow Light Market

What is the estimated value of the Global Grow Light Market?

The Global Grow Light Market was estimated to be valued at $2047.94 Million in 2021.

What is the growth rate of the Global Grow Light Market?

The growth rate of the Global Grow Light Market is 13.7%, with an estimated value of $4431.66 Million by 2027.

What is the forecasted size of the Global Grow Light Market?

The Global Grow Light Market is estimated to be worth $4431.66 Million by 2027.

Who are the key companies in the Global Grow Light Market?

Key companies in the Global Grow Light Market include Aerofarms, Bowery Farming, Inc., California Lightworks, Emium Lighting, LLC, Epistar Corporation, Everlight Electronics Co., Ltd., Gavita International B.V., Heliospectra AB and Iwasaki Electric Co. Ltd..

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Market Overview
4. Grow Light Market, by Installation
4.1. Introduction
4.2. New Installation
4.3. Retrofit
5. Grow Light Market, by Watt
5.1. Introduction
5.2. Above 300 Watt
5.3. Below 300 Watt
6. Grow Light Market, by Technology
6.1. Introduction
6.2. Fluorescent Lighting
6.3. High-intensity Discharge
6.4. LED
7. Grow Light Market, by Product
7.1. Introduction
7.2. Hardware
7.3. Software & Services
8. Grow Light Market, by Lighting Type
8.1. Introduction
8.2. Interlighting
8.3. Toplighting
9. Grow Light Market, by Spectrum
9.1. Introduction
9.2. Full-spectrum
9.3. Partial Spectrum
10. Grow Light Market, by Application
10.1. Introduction
10.2. Greenhouse
10.3. Indoor Farming
10.4. Turf and Landscaping
10.5. Vertical Farming
11. Company Usability Profiles
11.1. Aerofarms
11.1.1. Business Overview
11.1.2. Key Executives
11.1.3. Product & Services
11.2. Bowery Farming, Inc.
11.2.1. Business Overview
11.2.2. Key Executives
11.2.3. Product & Services
11.3. California Lightworks
11.3.1. Business Overview
11.3.2. Key Executives
11.3.3. Product & Services
11.4. Emium Lighting, LLC
11.4.1. Business Overview
11.4.2. Key Executives
11.4.3. Product & Services
11.5. Epistar Corporation
11.5.1. Business Overview
11.5.2. Key Executives
11.5.3. Product & Services
11.6. Everlight Electronics Co., Ltd.
11.6.1. Business Overview
11.6.2. Key Executives
11.6.3. Product & Services
11.7. Gavita International B.V.
11.7.1. Business Overview
11.7.2. Key Executives
11.7.3. Product & Services
11.8. Heliospectra AB
11.8.1. Business Overview
11.8.2. Key Executives
11.8.3. Product & Services
11.9. Hortilux Schreder B.V.
11.9.1. Business Overview
11.9.2. Key Executives
11.9.3. Product & Services
11.10. Iwasaki Electric Co. Ltd.
11.10.1. Business Overview
11.10.2. Key Executives
11.10.3. Product & Services
11.11. Kessil
11.11.1. Business Overview
11.11.2. Key Executives
11.11.3. Product & Services
11.12. Koninklijke Philips N.V.
11.12.1. Business Overview
11.12.2. Key Executives
11.12.3. Product & Services
11.13. LumiGrow, Inc.
11.13.1. Business Overview
11.13.2. Key Executives
11.13.3. Product & Services
11.14. Osram Licht AG
11.14.1. Business Overview
11.14.2. Key Executives
11.14.3. Product & Services
11.15. Platinum LED Lights LLC
11.15.1. Business Overview
11.15.2. Key Executives
11.15.3. Product & Services
11.16. Savant Systems Inc.
11.16.1. Business Overview
11.16.2. Key Executives
11.16.3. Product & Services
11.17. Scotts Miracle-Gro Company
11.17.1. Business Overview
11.17.2. Key Executives
11.17.3. Product & Services
11.18. Thrive Agritech Inc.
11.18.1. Business Overview
11.18.2. Key Executives
11.18.3. Product & Services
11.19. Valoya Ltd.
11.19.1. Business Overview
11.19.2. Key Executives
11.19.3. Product & Services
11.20. VividGro LED Grow Lights
11.20.1. Business Overview
11.20.2. Key Executives
11.20.3. Product & Services
12. Appendix
12.1. Discussion Guide
12.2. License & Pricing
List of Figures
Figure 1. Global Grow Light Market: Research Process
Figure 2. Global Grow Light Market Size, 2019-2027 (USD Million)
Figure 3. Global Grow Light Market Size, by Region, 2021 Vs 2027 (%)
Figure 4. Global Grow Light Market Size, by Region, 2021 Vs 2027 (USD Million)
Figure 5. Global Grow Light Market Competitive Strategic Window, by Region, 2027
Figure 6. Global Grow Light Market Size, by Country, 2021 Vs 2027 (%)
Figure 7. Global Grow Light Market Size, by Country, 2021 Vs 2027 (USD Million)
Figure 8. Global Grow Light Market Competitive Strategic Window, by Country, 2027
Figure 9. Global Grow Light Market Size, by Installation, 2021 Vs 2027 (%)
Figure 10. Global Grow Light Market Size, by Installation, 2021 Vs 2027 (USD Million)
Figure 11. Global Grow Light Market Competitive Strategic Window, by Installation, 2027
Figure 12. Global Grow Light Market Size, by New Installation, 2019-2027 (USD Million)
Figure 13. Global Grow Light Market Size, by Retrofit, 2019-2027 (USD Million)
Figure 14. Global Grow Light Market Size, by Watt, 2021 Vs 2027 (%)
Figure 15. Global Grow Light Market Size, by Watt, 2021 Vs 2027 (USD Million)
Figure 16. Global Grow Light Market Competitive Strategic Window, by Watt, 2027
Figure 17. Global Grow Light Market Size, by Above 300 Watt, 2019-2027 (USD Million)
Figure 18. Global Grow Light Market Size, by Below 300 Watt, 2019-2027 (USD Million)
Figure 19. Global Grow Light Market Size, by Technology, 2021 Vs 2027 (%)
Figure 20. Global Grow Light Market Size, by Technology, 2021 Vs 2027 (USD Million)
Figure 21. Global Grow Light Market Competitive Strategic Window, by Technology, 2027
Figure 22. Global Grow Light Market Size, by Fluorescent Lighting, 2019-2027 (USD Million)
Figure 23. Global Grow Light Market Size, by High-Intensity Discharge, 2019-2027 (USD Million)
Figure 24. Global Grow Light Market Size, by Led, 2019-2027 (USD Million)
Figure 25. Global Grow Light Market Size, by Product, 2021 Vs 2027 (%)
Figure 26. Global Grow Light Market Size, by Product, 2021 Vs 2027 (USD Million)
Figure 27. Global Grow Light Market Competitive Strategic Window, by Product, 2027
Figure 28. Global Grow Light Market Size, by Hardware, 2019-2027 (USD Million)
Figure 29. Global Grow Light Market Size, by Software & Services, 2019-2027 (USD Million)
Figure 30. Global Grow Light Market Size, by Lighting Type, 2021 Vs 2027 (%)
Figure 31. Global Grow Light Market Size, by Lighting Type, 2021 Vs 2027 (USD Million)
Figure 32. Global Grow Light Market Competitive Strategic Window, by Lighting Type, 2027
Figure 33. Global Grow Light Market Size, by Interlighting, 2019-2027 (USD Million)
Figure 34. Global Grow Light Market Size, by Toplighting, 2019-2027 (USD Million)
Figure 35. Global Grow Light Market Size, by Spectrum, 2021 Vs 2027 (%)
Figure 36. Global Grow Light Market Size, by Spectrum, 2021 Vs 2027 (USD Million)
Figure 37. Global Grow Light Market Competitive Strategic Window, by Spectrum, 2027
Figure 38. Global Grow Light Market Size, by Full-Spectrum, 2019-2027 (USD Million)
Figure 39. Global Grow Light Market Size, by Partial Spectrum, 2019-2027 (USD Million)
Figure 40. Global Grow Light Market Size, by Application, 2021 Vs 2027 (%)
Figure 41. Global Grow Light Market Size, by Application, 2021 Vs 2027 (USD Million)
Figure 42. Global Grow Light Market Competitive Strategic Window, by Application, 2027
Figure 43. Global Grow Light Market Size, by Greenhouse, 2019-2027 (USD Million)
Figure 44. Global Grow Light Market Size, by Indoor Farming, 2019-2027 (USD Million)
Figure 45. Global Grow Light Market Size, by Turf And Landscaping, 2019-2027 (USD Million)
Figure 46. Global Grow Light Market Size, by Vertical Farming, 2019-2027 (USD Million)
List of Tables
Table 1. Global Grow Light Market Segmentation & Coverage
Table 2. United States Dollar Exchange Rate, 2019-2021
Table 3. Global Grow Light Market Size, 2019-2027 (USD Million)
Table 4. Global Grow Light Market Size, by Region, 2019-2027 (USD Million)
Table 5. Global Grow Light Market Size, by Country, 2019-2027 (USD Million)
Table 6. Global Grow Light Market Size, by Installation, 2019-2027 (USD Million)
Table 7. Global Grow Light Market Size, by New Installation, 2019-2027 (USD Million)
Table 8. Global Grow Light Market Size, by New Installation, by Region, 2019-2027 (USD Million)
Table 9. Global Grow Light Market Size, by New Installation, by Region, 2019-2027 (USD Million)
Table 10. Global Grow Light Market Size, by Retrofit, 2019-2027 (USD Million)
Table 11. Global Grow Light Market Size, by Retrofit, by Region, 2019-2027 (USD Million)
Table 12. Global Grow Light Market Size, by Retrofit, by Region, 2019-2027 (USD Million)
Table 13. Global Grow Light Market Size, by Watt, 2019-2027 (USD Million)
Table 14. Global Grow Light Market Size, by Above 300 Watt, 2019-2027 (USD Million)
Table 15. Global Grow Light Market Size, by Above 300 Watt, by Region, 2019-2027 (USD Million)
Table 16. Global Grow Light Market Size, by Above 300 Watt, by Region, 2019-2027 (USD Million)
Table 17. Global Grow Light Market Size, by Below 300 Watt, 2019-2027 (USD Million)
Table 18. Global Grow Light Market Size, by Below 300 Watt, by Region, 2019-2027 (USD Million)
Table 19. Global Grow Light Market Size, by Below 300 Watt, by Region, 2019-2027 (USD Million)
Table 20. Global Grow Light Market Size, by Technology, 2019-2027 (USD Million)
Table 21. Global Grow Light Market Size, by Fluorescent Lighting, 2019-2027 (USD Million)
Table 22. Global Grow Light Market Size, by Fluorescent Lighting, by Region, 2019-2027 (USD Million)
Table 23. Global Grow Light Market Size, by Fluorescent Lighting, by Region, 2019-2027 (USD Million)
Table 24. Global Grow Light Market Size, by High-Intensity Discharge, 2019-2027 (USD Million)
Table 25. Global Grow Light Market Size, by High-Intensity Discharge, by Region, 2019-2027 (USD Million)
Table 26. Global Grow Light Market Size, by High-Intensity Discharge, by Region, 2019-2027 (USD Million)
Table 27. Global Grow Light Market Size, by Led, 2019-2027 (USD Million)
Table 28. Global Grow Light Market Size, by Led, by Region, 2019-2027 (USD Million)
Table 29. Global Grow Light Market Size, by Led, by Region, 2019-2027 (USD Million)
Table 30. Global Grow Light Market Size, by Product, 2019-2027 (USD Million)
Table 31. Global Grow Light Market Size, by Hardware, 2019-2027 (USD Million)
Table 32. Global Grow Light Market Size, by Hardware, by Region, 2019-2027 (USD Million)
Table 33. Global Grow Light Market Size, by Hardware, by Region, 2019-2027 (USD Million)
Table 34. Global Grow Light Market Size, by Software & Services, 2019-2027 (USD Million)
Table 35. Global Grow Light Market Size, by Software & Services, by Region, 2019-2027 (USD Million)
Table 36. Global Grow Light Market Size, by Software & Services, by Region, 2019-2027 (USD Million)
Table 37. Global Grow Light Market Size, by Lighting Type, 2019-2027 (USD Million)
Table 38. Global Grow Light Market Size, by Interlighting, 2019-2027 (USD Million)
Table 39. Global Grow Light Market Size, by Interlighting, by Region, 2019-2027 (USD Million)
Table 40. Global Grow Light Market Size, by Interlighting, by Region, 2019-2027 (USD Million)
Table 41. Global Grow Light Market Size, by Toplighting, 2019-2027 (USD Million)
Table 42. Global Grow Light Market Size, by Toplighting, by Region, 2019-2027 (USD Million)
Table 43. Global Grow Light Market Size, by Toplighting, by Region, 2019-2027 (USD Million)
Table 44. Global Grow Light Market Size, by Spectrum, 2019-2027 (USD Million)
Table 45. Global Grow Light Market Size, by Full-Spectrum, 2019-2027 (USD Million)
Table 46. Global Grow Light Market Size, by Full-Spectrum, by Region, 2019-2027 (USD Million)
Table 47. Global Grow Light Market Size, by Full-Spectrum, by Region, 2019-2027 (USD Million)
Table 48. Global Grow Light Market Size, by Partial Spectrum, 2019-2027 (USD Million)
Table 49. Global Grow Light Market Size, by Partial Spectrum, by Region, 2019-2027 (USD Million)
Table 50. Global Grow Light Market Size, by Partial Spectrum, by Region, 2019-2027 (USD Million)
Table 51. Global Grow Light Market Size, by Application, 2019-2027 (USD Million)
Table 52. Global Grow Light Market Size, by Greenhouse, 2019-2027 (USD Million)
Table 53. Global Grow Light Market Size, by Greenhouse, by Region, 2019-2027 (USD Million)
Table 54. Global Grow Light Market Size, by Greenhouse, by Region, 2019-2027 (USD Million)
Table 55. Global Grow Light Market Size, by Indoor Farming, 2019-2027 (USD Million)
Table 56. Global Grow Light Market Size, by Indoor Farming, by Region, 2019-2027 (USD Million)
Table 57. Global Grow Light Market Size, by Indoor Farming, by Region, 2019-2027 (USD Million)
Table 58. Global Grow Light Market Size, by Turf And Landscaping, 2019-2027 (USD Million)
Table 59. Global Grow Light Market Size, by Turf And Landscaping, by Region, 2019-2027 (USD Million)
Table 60. Global Grow Light Market Size, by Turf And Landscaping, by Region, 2019-2027 (USD Million)
Table 61. Global Grow Light Market Size, by Vertical Farming, 2019-2027 (USD Million)
Table 62. Global Grow Light Market Size, by Vertical Farming, by Region, 2019-2027 (USD Million)
Table 63. Global Grow Light Market Size, by Vertical Farming, by Region, 2019-2027 (USD Million)
Table 64. Global Grow Light Market: License & Pricing

Companies Mentioned

  • Aerofarms
  • Bowery Farming, Inc.
  • California Lightworks
  • Emium Lighting, LLC
  • Epistar Corporation
  • Everlight Electronics Co., Ltd.
  • Gavita International B.V.
  • Heliospectra AB
  • Hortilux Schreder B.V.
  • Iwasaki Electric Co. Ltd.
  • Kessil
  • Koninklijke Philips N.V.
  • LumiGrow, Inc.
  • Osram Licht AG
  • Platinum LED Lights LLC
  • Savant Systems Inc.
  • Scotts Miracle-Gro Company
  • Thrive Agritech Inc.
  • Valoya Ltd.
  • VividGro LED Grow Lights

Methodology

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