Agriculture & Forestry Industry Market News

Global grow light market analysis & forecast 2017-2024 published by leading research firm

Global Grow Light Market presents a detailed analysis of key segments of the market, recent developments competitive landscape, growth opportunities in emerging and established markets and recommendations to market players by Geography, Spectrum (Partial, Full), Installation (New, Retrofit), Technology (High-Intensity Discharge, Fluorescent Lighting, LED), Application (Indoor Farming, Vertical Farming, Commercial Greenhouse, TURF & Landscaping, Research) – Industry Trends and Forecast to 2024


The Global Grow Light Market Make an Inquiry about this news accounted for USD 2.65 billion in 2016 growing at a CAGR of 12.2% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Grow light is an artificial light powered by electricity which is specially designed to stipulate the plant growth by emitting an electromagnetic spectrum appropriate for photosynthesis. These lights are mostly tailor-made to cater essential light for plants in absence of natural light or supplemental light required in unfavourable climatic conditions.