Global Grow Lights Market Analysis with COVID-19 Impact, by Watt (300 Watt), by Lighting Type (Toplighting and Interlighting), by Application…

The global Grow Lights market is one of the fastest-growing markets in the world. The following report contains all the statistics and facts & figures related to the global Grow Lights market. Their business strategies, sales data, projections, and a host of other important data have been covered for an in-depth outlook. The report also has PEST analysis, SWOT analysis, risk analysis, and regional analysis. Signify Holding, Gavita International B.V., General Electric Company, Osram Gmbh and more all the leading companies operating in the global Grow Lights market and their business strategies have been profiled in this research report.

Global Grow Lights Market is valued approximately USD 0.8 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 19.9 % over the forecast period 2020-2027. Grow lights also known as plant lights, is an artificial source of light. Grow lights are designed to stimulate plant growth by the emission of an electromagnetic spectrum required for photosynthesis. Grow lights are used in various applications such as indoor gardening, food production, horticulture, plant propagation and aquatic plants. The global grow light market is facing challenges due to the coronavirus pandemic, because of temporary lockdown in various countries, along with manufacturing as well as supply chain is at halt. However, increasing adoption of indoor farming in urban areas, ongoing government initiatives to support energy-efficient lighting, growing need for long-lasting, energy-efficient, and economical grow lights and emerging trend of farm-to-table concept are the few factors responsible for the growth of this market over the forecast years. Furthermore, the rising advancements and other strategic alliance by market key players will create a lucrative demand for this market.For instance: on 28th August, Signify Holding launched Philips GreenPower LED toplighting, a new module that help greenhouse growers to improve the growth of vegetables, fruits, flowers and other crops. Whereas, requirement for varied light spectrums for different crops and high setup and installation costs arethe major factors restraining the growth of the global Grow Lights market during the forecast period.

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The regional analysis of global Grow Lights Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading/significant region across the world in terms of market share owing to the growing adoption advanced technologies has lead the growth of the market. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.

Major market players included in this research report are:Signify HoldingGavita International B.V.General Electric CompanyOsram GmbhHeliospectra ABIwasaki Electric Co., Ltd.IllumitexHortilux SchrderCalifornia LightworksZuzi Technology

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Watt:<300 Watt>300 Watt

Lighting Type:ToplightingInterlighting

By Installation Type:New InstallationsRetrofit Installations

By Offering:HardwareSoftware & Services

By Application:Commercial GreenhouseVertical FarmingIndoor FarmingOthers

By Region:North AmericaU.S.CanadaEuropeUKGermanyFranceSpainItalyROEAsia PacificChinaIndiaJapanAustraliaSouth KoreaRoAPACLatin AmericaBrazilMexicoRest of the World

Furthermore, years considered for the study are as follows:

Historical year 2017, 2018Base year 2019Forecast period 2020 to 2027

Target Audience of the Global Grow Lights Market in Market Study:

Key Consulting Companies & AdvisorsLarge, medium-sized, and small enterprisesVenture capitalistsValue-Added Resellers (VARs)Third-party knowledge providersInvestment bankersInvestors

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The market research report paints a clear picture of the global Grow Lights market by providing you with qualitative research and quantitative research based on which you can assess the market to make entry into the market, make investments, or make reports & presentations. Get in touch with Market Research Port for the most competitively priced report on the global Grow Lights market.

Major Points from the Table of Contents

Chapter 1.Executive Summary1.1.Market Snapshot1.2.Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)1.2.1.Grow Lights Market, by Region, 2018-2027 (USD Billion)1.2.2.Grow Lights Market, by Watt, 2018-2027 (USD Billion)1.2.3.Grow Lights Market, by Lighting Type, 2018-2027 (USD Billion)1.2.4.Grow Lights Market, by Installation Type, 2018-2027 (USD Billion)1.2.5.Grow Lights Market, by Offering, 2018-2027 (USD Billion)1.2.6.Grow Lights Market, by Application, 2018-2027 (USD Billion)1.3.Key Trends1.4.Estimation Methodology1.5.Research Assumption

Chapter 2.Global Grow Lights Market Definition and Scope2.1.Objective of the Study2.2.Market Definition & Scope2.2.1.Scope of the Study2.2.2.Industry Evolution2.3.Years Considered for the Study2.4.Currency Conversion Rates

Chapter 3.Global Grow Lights Market Dynamics3.1.Grow Lights Market Impact Analysis (2018-2027)3.1.1.Market Drivers3.1.2.Market Challenges3.1.3.Market Opportunities

Chapter 4.Global Grow Lights Market Industry Analysis4.1.Porters 5 Force Model4.1.1.Bargaining Power of Suppliers4.1.2.Bargaining Power of Buyers4.1.3.Threat of New Entrants4.1.4.Threat of Substitutes4.1.5.Competitive Rivalry4.1.6.Futuristic Approach to Porters 5 Force Model (2017-2027)4.2.PEST Analysis4.2.1.Political4.2.2.Economical4.2.3.Social4.2.4.Technological4.3.Investment Adoption Model4.4.Analyst Recommendation & Conclusion

Chapter 5.Global Grow Lights Market, by Watt5.1.Market Snapshot5.2.Global Grow Lights Market by Watt, Performance Potential Analysis5.3.Global Grow Lights Market Estimates & Forecasts by Watt 2017-2027 (USD Billion)5.4.Grow Lights Market, Sub Segment Analysis5.4.1. <300 Watt5.4.2.>300 Watt

Chapter 6.Global Grow Lights Market, by Lighting Type6.1.Market Snapshot6.2.Global Grow Lights Market by Lighting Type, Performance Potential Analysis6.3.Global Grow Lights Market Estimates & Forecasts by Lighting Type 2017-2027 (USD Billion)6.4.Grow Lights Market, Sub Segment Analysis6.4.1. Toplighting6.4.2.Interlighting

Chapter 7.Global Grow Lights Market, by Installation Type7.1.Market Snapshot7.2.Global Grow Lights Market by Installation Type, Performance Potential Analysis7.3.Global Grow Lights Market Estimates & Forecasts by Installation Type 2017-2027 (USD Billion)7.4.Grow Lights Market, Sub Segment Analysis7.4.1. New Installations7.4.2.Retrofit Installations

Chapter 8.Global Grow Lights Market, by Offering8.1.Market Snapshot8.2.Global Grow Lights Market by Offering, Performance Potential Analysis8.3.Global Grow Lights Market Estimates & Forecasts by Offering 2017-2027 (USD Billion)8.4.Grow Lights Market, Sub Segment Analysis8.4.1. Hardware8.4.2.Software & Services

Chapter 9.Global Grow Lights Market, by Application9.1.Market Snapshot9.2.Global Grow Lights Market by Application, Performance Potential Analysis9.3.Global Grow Lights Market Estimates & Forecasts by Application 2017-2027 (USD Billion)9.4.Grow Lights Market, Sub Segment Analysis9.4.1. Commercial Greenhouse9.4.2.Vertical Farming9.4.3.Indoor Farming9.4.4.Others

Chapter 10.Global Grow Lights Market, Regional Analysis10.1.Grow Lights Market, Regional Market Snapshot10.2.North America Grow Lights Market10.2.1.U.S. Grow Lights Market10.2.1.1. Watt breakdown estimates & forecasts, 2017-202710.2.1.2.Lighting Type breakdown estimates & forecasts, 2017-202710.2.1.3.Installation Type breakdown estimates & forecasts, 2017-202710.2.1.4.Offering breakdown estimates & forecasts, 2017-202710.2.1.5.Application breakdown estimates & forecasts, 2017-202710.2.2.Canada Grow Lights Market10.3.Europe Grow Lights Market Snapshot10.3.1.U.K. Grow Lights Market10.3.2.Germany Grow Lights Market10.3.3.France Grow Lights Market10.3.4.Spain Grow Lights Market10.3.5.Italy Grow Lights Market10.3.6.Rest of Europe Grow Lights Market10.4.Asia-Pacific Grow Lights Market Snapshot10.4.1.China Grow Lights Market10.4.2.India Grow Lights Market10.4.3.Japan Grow Lights Market10.4.4.Australia Grow Lights Market10.4.5.South Korea Grow Lights Market10.4.6.Rest of Asia Pacific Grow Lights Market10.5.Latin America Grow Lights Market Snapshot10.5.1.Brazil Grow Lights Market10.5.2.Mexico Grow Lights Market10.6.Rest of The World Grow Lights Market

Chapter 11.Competitive Intelligence11.1.Top Market Strategies11.2.Company Profiles11.2.1.Signify Holding11.2.1.1.Key Information11.2.1.2.Overview11.2.1.3.Financial (Subject to Data Availability)11.2.1.4.Product Summary11.2.1.5.Recent Developments11.2.2.Gavita International B.V.11.2.3.General Electric Company11.2.4.Osram Gmbh11.2.5.Heliospectra AB11.2.6.Iwasaki Electric Co., Ltd.11.2.7.Illumitex11.2.8.Hortilux Schrder11.2.9.California Lightworks11.2.10.Zuzi Technology

Chapter 12.Research Process12.1.Research Process12.1.1.Data Mining12.1.2.Analysis12.1.3.Market Estimation12.1.4.Validation12.1.5.Publishing12.2.Research Attributes12.3.Research Assumption

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Global Grow Lights Market Analysis with COVID-19 Impact, by Watt (300 Watt), by Lighting Type (Toplighting and Interlighting), by Application...