Grow Lights Market
- 2026 年市場規模
- USD 8,120.7 Mn
- 2033 年預估規模
- USD 30,890.2 Mn
- 年複合成長率 CAGR
- 21%
以上數字由 Coherent Market Insights 於本報告中提出，量子訊息原樣引用。
授權報價
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| Enterprise License | $10,000 USD |
完整報告名稱與涵蓋範圍
Grow Lights Market, By Light Source (High-intensity Discharge (HID) Lights, Light Emitting Diodes, Fluorescent Lights, and Other Light Sources), By Installation Type (New Installations, and Retrofit Installations), By Application (Indoor Farming, Vertical Farming, Commercial Greenhouse, and Other Applications), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
報告摘要
The use of LEDs for grow lights reduces the cost of maintenance. Unlike traditional grow lights, LEDs use low power and emit low heat radiations, and therefore, they can be used in indoor environments. The average LED grow light will draw 32 watts to cover a square foot. This is the same amount of energy used by a typical High Pressure Sodium (HPS) bulb. However, LEDs don't emit the heat that HIDs do. They can be up to 30 times more efficient. Some grow lights offer on-board scheduling, which allows user to program schedules for their lights. This is a great feature as it eliminates the need for an external timer.
Moreover, a number of new innovative products are making their way into the market. These include the dimming controller, which allows growers to customize wavelengths that are transmitted to plants.
Market Dynamics
The increase in urban agriculture is expected to have a positive impact on the global grow lights market. Furthermore, increasing investment in the agricultural sector, especially in vertical farming, is anticipated to have a beneficial impact on the grow light industry. The rise in consumer interest in LED technology has been a key factor in driving the development of the global grow lights market.
However, high initial investment and lack of standardization is expected to hamper the growth of the market. Increasing awareness of alternative farming practices will be another factor boosting the growth of the industry.
Key features of the study
• This report provides in-depth analysis of the global grow lights market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2026-2033), considering 2025 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global grow lights market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Epistar Corporation, Signify, Hydro Grow, Savant Systems Inc., Iwasaki Electric Co. Ltd., Heliospectra AB, Everlight Electronics Co. Ltd., OSRAM Licht AG, LumiGrow Inc., and Illumitex Inc.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global grow lights market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global grow lights market
Market Segmentation
• By Light Source (Revenue, USD Mn, 2021-2033)
o High-intensity Discharge (HID) Lights
o Light Emitting Diodes
o Fluorescent Lights
o Other Light Sources
• By Installation Type (Revenue, USD Mn, 2021-2033)
o New Installations
o Retrofit Installations
• By Application (Revenue, USD Mn, 2021-2033)
o Indoor Farming
o Vertical Farming
o Commercial Greenhouse
o Other Applications
• By Region (Revenue, USD Mn, 2021-2033)
o North America
U.S.
Canada
o Latin America
Brazil
Mexico
Argentina
Rest of Latin America
o Europe
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
o Asia Pacific
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
o Middle East
GCC
Israel
Rest of Middle East
o Africa
South Africa
Central Africa
North Africa
• Key Players
o Epistar Corporation
o Signify
o Hydro Grow
o Savant Systems Inc.
o Iwasaki Electric Co. Ltd.
o Heliospectra AB
o Everlight Electronics Co. Ltd.
o OSRAM Licht AG
o LumiGrow Inc.
o Illumitex Inc.
o Others
目錄 Table of Contents
Table of Contents
1. Research Objectives and Assumptions
o Research Objectives
o Assumptions
o Abbreviations
2. Market Purview
o Report Description
Market Definition and Scope
o Executive Summary
Grow Lights Market, By Light Source
Grow Lights Market, By Installation Type
Grow Lights Market, By Application
Grow Lights Market, By Region
o Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
o Market Dynamics
o Impact Analysis
o Key Highlights
o Regulatory Scenario
o Product launch/Approvals
o PEST Analysis
o PORTER’s Analysis
o Merger and Acquisition Scenario
4. Global Grow Lights Market, By Light Source, 2021-2033, (US$ Mn)
o Introduction
Market Share Analysis, 2026 and 2033 (%)
Y-o-Y Growth Analysis, 2022 – 2033
Segment Trends
o High-intensity Discharge (HID) Lights
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (US$ Mn)
o Light Emitting Diodes
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (US$ Mn)
o Fluorescent Lights
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (US$ Mn)
o Other Light Sources
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (US$ Mn)
5. Global Grow Lights Market, By Installation Type, 2021-2033, (US$ Mn)
o Introduction
Market Share Analysis, 2026 and 2033 (%)
Y-o-Y Growth Analysis, 2022 – 2033
Segment Trends
o New Installations
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (US$ Million)
o Retrofit Installations
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (US$ Million)
6. Global Grow Lights Market, By Application, 2021-2033, (US$ Mn)
o Introduction
Market Share Analysis, 2026 and 2033 (%)
Y-o-Y Growth Analysis, 2022 – 2033
Segment Trends
o Indoor Farming
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (US$ Million)
o Vertical Farming
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (US$ Million)
o Commercial Greenhouse
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2021-2033,(US$ Million)
o Other Applications
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (US$ Million)
7. Global Grow Lights Market, By Region, 2021-2033, (US$ Mn)
o Introduction
Market Share Analysis, By Country, 2026 and 2033 (%)
Y-o-Y Growth Analysis, For Country 2022 – 2033
Country Trends
o North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Light Source, 2021-2033, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Installation Type, 2021-2033, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2021-2033, (US$ Mn)
o U.S.
o Canada
o Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Light Source, 2021-2033, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Installation Type, 2021-2033, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2021-2033, (US$ Mn)
o Germany
o U.K.
o Spain
o France
o Italy
o Russia
o Rest of Europe
o Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Light Source, 2021-2033, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Installation Type, 2021-2033, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2021-2033, (US$ Mn)
o China
o India
o Japan
o Australia
o South Korea
o ASEAN
o Rest of Asia Pacific
o Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Light Source, 2021-2033, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Installation Type, 2021-2033, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2021-2033, (US$ Mn)
o Brazil
o Argentina
o Mexico
o Rest of Latin America
o Middle East
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Light Source, 2021-2033, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Installation Type, 2021-2033, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2021-2033, (US$ Mn)
o GCC Countries
o Israel
o Rest of Middle East
o Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Light Source, 2021-2033, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Installation Type, 2021-2033, (US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2021-2033, (US$ Mn)
o South Africa
o North Africa
o Central Africa
8. Competitive Landscape
o Signify
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
o Savant Systems Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
o Heliospectra AB
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
o OSRAM Licht AG
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
o Illumitex Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
o LumiGrow Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
o Everlight Electronics Co. Ltd.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
o Iwasaki Electric Co. Ltd.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
o Hydro Grow
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
o Epistar Corporation
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
o Analyst Views
9. Section
o Research Methodology
o About us
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