Led Agricultural Grow Lights Market 2021: Comprehensive Research Including Top Companies like-Illumitex, Osram, Valoya, Fionia Lighting, Epistar

Led Agricultural Grow Lights Market by Component, Application, Services, and Region- Forecast to 2027

The Global Led Agricultural Grow Lights Market Research Report 2021-2027 is a significant source of keen information for business specialists. A report published by MARKET INTELLIGENCE DATA is an overall investigation and thorough information in regards to the market size and market elements of the Led Agricultural Grow Lights. It furnishes the business outline with development, historical and futuristic cost analysis, income, demand, and supply information (upcoming identifiers). The research analysts give a detailed depiction of the worth chain and its wholesaler examination. The Led Agricultural Grow Lights market study gives extensive information which upgrades the agreement, degree, and use of this report. This is a latest report, covering the COVID-19 impact on the market.

The Global LED Grow Light Market was valued at USD 1.13 Billion in 2018 and is projected to reach USD 6.78 Billion by 2026, growing at a CAGR of 24.90% from 2018 to 2025.

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Top Companies in the Global Led Agricultural Grow Lights Market are - Illumitex, Osram, Valoya, Fionia Lighting, Epistar, GE, Syhdee, LumiGrow, Apollo Horticulture, Sanxinbao Semiconductor, Grow LED Hydro, Opto-LED Technology, Netled, Everlight Electronics, Philips

Driver: Remarkable benefits such as energy-efficiency and longer life associated with LED grow lights over conventional lighting technologies
LED-based grow lights have surpassed all conventional lighting technologies in terms of energy efficiency, lifetime, versatility, and color quality, and, due to their increasing cost competitiveness, LED grow lights are widely used in applications such as vertical farms, indoor farms, and greenhouses.

Grow lights are used to grow several plants indoors. The spectrum of grow lights can be modified according to the plant requirements. The growth and development of plants can be ensured with the use of different types of grow lights. Horticultural growers prefer high-intensity discharge (HID) lamps as the source of light for outdoor and indoor applications. These lamps are easily available in the market, are affordable, and are capable of providing the necessary light intensity for plant growth.

Led Agricultural Grow Lights Market Segmentation:

This report fragments the Global Led Agricultural Grow Lights Market based on Types are-

100w

300w

500w

Others

Based on Application, the Global Led Agricultural Grow Lights Market are divided into-

Vegetables

Flowers and Plants

Other

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Geographic Coverage of Led Agricultural Grow Lights Market Report-

The Led Agricultural Grow Lights report contains detailed country-level analysis, market revenue, market value and forecast analysis of Led Agricultural Grow Lights Market (2016-2027) of these regions are covered:

North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, etc.)
Middle East & Africa (Saudi Arabia, Egypt, Nigeria, and South Africa)

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