Agriculture & Forestry Industry Market News

Latin America's greenhouse grow light market forecast from 2016 to 2021 available in new report

Latin America's greenhouse grow light market forecast from 2016 to 2021 available in new report

Latin America Greenhouse Grow Light Market By Spectrum (partial, Full), By Installation (new, Retrofit), By Technology (high-intensity Discharge, Fluorescent, LED, Others), By Application (indoor Farming, Vertical Farming, Greenhouse, Others) And By Region

- Advertising -

The Latin America Greenhouse Grow Light Market was worth USD 440 million in 2016 and estimated to be growing at a CAGR of 10.6%, to reach USD 720 million by 2021. Grow lights, particularly LEDs are used in a huge range of farming-related applications, owing to the advantages they offer such as high low power consumption, reliability, and spectral intensity.

Browse full report @ www.marketdataforecast.com/market-…ight-market-4903/

A greenhouse is a house made of glass. It has glass walls and a glass roof.

People grow tomatoes and flowers and other plants in them.

- Advertising -

A greenhouse stays warm inside, even during winter. Sunlight shines in and warms the plants and air inside.

Request sample report @ www.marketdataforecast.com/market-…03/request-sample

The Latin America Greenhouse Grow Light market is driven by the rise in adoption of greenhouses, owing to rapid innovation in technology and rising disposable incomes of people willing to invest in farming. Technological innovations have further helped in lowering the costs of necessary Grow Light which aids in increasing the feasibility of owning a greenhouse.

The adoption of greenhouse adoption technologies and encouragement from governments also act as drivers of market growth.

Inquire report @ www.marketdataforecast.com/market-…rket-4903/inquire

Market Segmentation                                                                                              

                Spectrum                                                                    

  • Introduction                                                           
  • Partial Spectrum                                                   
  • Full Spectrum                                                         
  • Y-o-Y Growth Analysis, By Spectrum                                                           
  • Market Attractiveness Analysis, By Spectrum                                                         
  • Market Share Analysis, By Spectrum                                                          

                   Installation                                                                  

  • Introduction                                                           
  • New Installation                                                   
  • Retrofit                                                     
  • Y-o-Y Growth Analysis, By Installation                                                         
  • Market Attractiveness Analysis, By Installation                                                       
  • Market Share Analysis, By Installation                                                         

               Application                                                                 

  • Introduction                                                           
  • Indoor Farming                                                     
  • Vertical Farming                                                    
  • Greenhouse                                                           
  • TURF and Landscaping                                                       
  • Other Applications                                                               
  • Y-o-Y Growth Analysis, By Application                                                         
  • Market Attractiveness Analysis, By Application                                                      
  • Market Share Analysis, By Application                                                       

               Technology                                                                 

  • Introduction                                                           
  • High-Intensity Discharge                                                   
  • o High Pressure Sodium Lamp                                        
  • o Metal Halide Lamp                                           
  • Fluorescent Lighting                                                            
  • o T5                                            
  • o CFL                                          
  • o LED                                                             
  • Other Technologies                                                             
  • Y-o-Y Growth Analysis, By Technology                                                        
  • Market Attractiveness Analysis, By Technology                                                     
  • Market Share Analysis, By Technology                 

Latin America market region includes countries such as Brazil, Mexico, Argentina, and remaining countries of South America. The huge rise in spending in the Greenhouse Grow Light market has increased the demand in the market.

Brazil is one of the largest markets in this region followed by Mexico, Argentina, and Columbia. The availability of large customer base with rising disposable incomes is set to drive the market in the foreseeable future.

Request discount report @ www.marketdataforecast.com/market-…/request-discount

The major players operating in the Latin America Greenhouse Grow Light industry include Royal Philips, General Electric Company, Osram Licht AG, Gavita Holland B.V, Lumigrow Inc., Heliospectra Ab., Iwasaki Electric Co., Ltd., Illumitex Inc., Hortilux Schreder B.V., and Sunlight Supply Inc.

Access now report @ www.marketdataforecast.com/cart/bu…light-market-4903

News From

Market Data Forecast - market research, business intelligence and consultingMarket Data Forecast
Category: Market Research Publishers and RetailersCompany profile: Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. A few key business areas that we handle with excellence include business process improvement, corporate financing and decision making based on market research, assisting in developing appropriate strategy and providing consultancy based on extens ...