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The future of the LED grow light market looks promising with opportunities in indoor farming, commercial greenhouse, vertical farming, turf & landscaping, and research applications. The global LED grow light market is expected to grow with a CAGR of 24% to 26% from 2021 to 2026. The major drivers for this market are growing trend of indoor farming and growing demand for energy efficient and long lasting lighting technology.
A more than 150 page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of LED grow light market report download the report brochure.
The study includes trends and forecasts for the global LED grow light market by product type, spectrum, application, installation type, and region as follows:
By Product Type [$M shipment analysis for 2015 – 2026]:
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Low Power Products (<300 watt)
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High Power Products (>300 watt)
By Spectrum [$M shipment analysis for 2015 – 2026]:
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Laser Partial Spectrum
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Full Spectrum
By Installation Type [$M shipment analysis for 2015 – 2026]:
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New Installation
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Retrofit
By Application [$M shipment analysis for 2015 – 2026]:
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Indoor Farming
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Commercial Greenhouse
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Vertical Farming
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Turf & Landscaping
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Research
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Otros
By Region [$M shipment analysis for 2015 – 2026]:
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América del norte
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Estados Unidos
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Canadá
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México
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Europa
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Alemania
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Reino Unido
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Francia
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Italia
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Asia Pacífico
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Porcelana
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Japón
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India
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Corea del Sur
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The Rest of the World
Full spectrum will remain the largest segment due to growing demand for spectrum light with an option to adjust the light intensity.
Europe will remain the largest region over the forecast period due to growing trend for indoor farming in European countries.
Some of the LED grow light companies profiled in this report include Alta LED Corporation, Bridgelux, Cree, Everlight Electronics, General Electric Company, Heliospectra AB, Illumitex, Lumigrow, Osram Licht AG, and Royal Philips Electronics.
Features of LED Grow Light Market
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Market Size Estimates: LED grow light market size estimation in terms of value ($M)
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Trend and Forecast Analysis: Market trends (2015-2020) and forecast (2021-2026) by various segments and regions.
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Segmentation Analysis: Market size by product type, spectrum, application, and installation type
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Regional Analysis: LED grow light market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
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Growth Opportunities: Analysis on growth opportunities in different product type, spectrum, application, installation type, and regions for LED grow light market.
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Strategic Analysis: This includes M&A, new product development, and competitive landscape for the LED grow light market.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
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Este informe responde después de 11 preguntas clave |
Q.1 What are some of the most promising potential, high-growth opportunities for the global LED grow light market by product type (low power products (<300watt) and high power products (>300watt)), spectrum (laser partial spectrum and full spectrum), installation type (new installation and retrofit), application (indoor farming, commercial greenhouse, vertical farming, turf & landscaping, research, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the LED grow light market?
Q.5 What are the business risks and threats to the LED grow light market?
Q.6 What are emerging trends in this LED grow light market and the reasons behind them?
Q.7 What are some changing demands of customers in the LED grow light market?
Q.8 What are the new developments in the LED grow light market? Which companies are leading these developments?
Q.9 Who are the major players in the LED grow light market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the LED grow light market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the LED grow light market? |