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About LED Grow Light Market

LED grow light is an energy-efficient light that offers a light spectrum similar to the sun or according to the requirement of the plants being cultivated. The LED grow lights have the ability to provide outdoor conditions with varying colors and temperatures. The LED grow light is brighter, requires no height adjustment, highly economical, and is widely available in various shapes and sizes.

The global LED grow light market is expected to witness strong demand in the coming years. This is mainly due to the emerging trend for indoor farming and government rules & regulation for LED lighting technology, followed by the increasing adoption of LED grow lights. Additionally, the rising number of initiatives by many governments to ban the traditional grow lights is supporting the growth of the LED grow lights market size. The rising need for long lasting & energy efficient lighting technology is another factor that is energizing the market growth. The development of cost-efficient LED grow light technologies for indoor farming will create numerous growth opportunities for the market. On the other hand, the high cost of good quality LED grow light is a major factor that will have a negative impact on market growth.

Competitive Landscape

The notable players in the LED Grow Light market include OSRAM Licht AG, Everlight, Bridgelux, Inc., Heliospectra AB, Koninklijke Philips N.V., LumiGrow, General Electric Company, Cree, Inc., Illumitex, and Alta LED Corporation, among others.

Market Segmentation

LED Grow Light Market by Product:

300 Watt
LED Grow Light Market by Installation Type:

New Installation
Retrofit
LED Grow Light Market by Spectrum:

Partial Spectrum
Full Spectrum
LED Grow Light Market by Application:

Indoor Farming
Commercial Greenhouse
Vertical Farming
Turf and Landscaping
Research
Others
LED Grow Light Market by Region:

North America
o United States of America

o Canada

Asia Pacific
o China

o Japan

o India

o Rest of APAC

Europe
o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

RoW
o Brazil

o South Africa

o Saudi Arabia

o UAE

o Rest of the world (remaining countries of the LAMEA region)

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