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PUBLISHER: Transparency Market Research | PRODUCT CODE: 1442799

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PUBLISHER: Transparency Market Research | PRODUCT CODE: 1442799

Grow Light Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2031

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Grow Light Market - Scope of Report

TMR's report on the global grow light market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2023 to 2031. The report provides revenue of the global grow light market for the period 2017-2031, considering 2023 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global grow light market from 2023 to 2031.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players' product literature, annual reports, press releases, and relevant documents to understand the grow light market.

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global grow light market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global grow light market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global grow light market.

The report delves into the competitive landscape of the global grow light market. Key players operating in the global grow light market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global grow light market profiled in this report.

Key Questions Answered in Global grow light Market Report:

  • What is the sales/revenue generated by grow light across all regions during the forecast period?
  • What are the opportunities in the global grow light market?
  • What are the major drivers, restraints, opportunities, and threats in the market?
  • Which regional market is set to expand at the fastest CAGR during the forecast period?
  • Which segment is expected to generate the highest revenue globally in 2031?
  • Which segment is projected to expand at the highest CAGR during the forecast period?
  • What are the market positions of different companies operating in the global market?

Grow Light Market - Research Objectives and Research Approach

The comprehensive report on the global grow light market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global grow light market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2031 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global grow light market.

Product Code: TMRGL36185

Table of Contents

1. Preface

  • 1.1. Market and Segment Definitions
  • 1.2. Market Taxonomy
  • 1.3. Research Methodology
  • 1.4. Assumption and Acronyms

2. Executive Summary

  • 2.1. Global Grow Light Market Overview
  • 2.2. Regional Outline
  • 2.3. Industry Outline
  • 2.4. Market Dynamics Snapshot
  • 2.5. Competition Blueprint

3. Market Dynamics

  • 3.1. Macro-economic Factors
  • 3.2. Drivers
  • 3.3. Restraints
  • 3.4. Opportunities
  • 3.5. Key Trends
  • 3.6. Regulatory Framework

4. Associated Industry and Key Indicator Assessment

  • 4.1. Parent Industry Overview - Industry Automation Overview
  • 4.2. Ecosystem Analysis
  • 4.3. Pricing Analysis
  • 4.4. Technology Roadmap Analysis
  • 4.5. Industry SWOT Analysis
  • 4.6. Porter Five Forces Analysis

5. Global Grow Light Market Analysis, by Technology

  • 5.1. Grow Light Market Size (US$ Mn) Analysis & Forecast, by Technology, 2017-2031
    • 5.1.1. LED
    • 5.1.2. Fluorescent
    • 5.1.3. High Intensity Discharge (HID)
    • 5.1.4. Others

6. Global Grow Light Market Analysis, by Application

  • 6.1. Grow Light Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031
    • 6.1.1. Indoor Farming
    • 6.1.2. Vertical Farming
    • 6.1.3. Greenhouse
    • 6.1.4. Research
    • 6.1.5. Turf
    • 6.1.6. Others
  • 6.2. Market Attractiveness Analysis, by Application

7. Global Grow Light Market Analysis and Forecast, by Region

  • 7.1. Grow Light Market Size (US$ Mn) Analysis & Forecast, by Region, 2017-2031
    • 7.1.1. North America
    • 7.1.2. Europe
    • 7.1.3. Asia Pacific
    • 7.1.4. Middle East & Africa
    • 7.1.5. South America
  • 7.2. Market Attractiveness Analysis, by Region

8. North America Grow Light Market Analysis and Forecast

  • 8.1. Market Snapshot
  • 8.2. Grow Light Market Size (US$ Mn) Analysis & Forecast, by Technology, 2017-2031
    • 8.2.1. LED
    • 8.2.2. Fluorescent
    • 8.2.3. High Intensity Discharge (HID)
    • 8.2.4. Others
  • 8.3. Grow Light Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031
    • 8.3.1. Indoor Farming
    • 8.3.2. Vertical Farming
    • 8.3.3. Greenhouse
    • 8.3.4. Research
    • 8.3.5. Turf
    • 8.3.6. Others
  • 8.4. Grow Light Market Size (US$ Mn) Analysis & Forecast, by Country, 2017-2031
    • 8.4.1. U.S.
    • 8.4.2. Canada
    • 8.4.3. Rest of North America
  • 8.5. Market Attractiveness Analysis
    • 8.5.1. By Technology
    • 8.5.2. By Application
    • 8.5.3. By Country/Sub-region

9. Europe Grow Light Market Analysis and Forecast

  • 9.1. Market Snapshot
  • 9.2. Grow Light Market Size (US$ Mn) Analysis & Forecast, by Technology, 2017-2031
    • 9.2.1. LED
    • 9.2.2. Fluorescent
    • 9.2.3. High Intensity Discharge (HID)
    • 9.2.4. Others
  • 9.3. Grow Light Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031
    • 9.3.1. Indoor Farming
    • 9.3.2. Vertical Farming
    • 9.3.3. Greenhouse
    • 9.3.4. Research
    • 9.3.5. Turf
    • 9.3.6. Others
  • 9.4. Grow Light Market Size (US$ Mn) Analysis & Forecast, by Country and Sub-region, 2017-2031
    • 9.4.1. U.K.
    • 9.4.2. Germany
    • 9.4.3. France
    • 9.4.4. Rest of Europe
  • 9.5. Market Attractiveness Analysis
    • 9.5.1. By Technology
    • 9.5.2. By Application
    • 9.5.3. By Country/Sub-region

10. Asia Pacific Grow Light Market Analysis and Forecast

  • 10.1. Market Snapshot
  • 10.2. Grow Light Market Size (US$ Mn) Analysis & Forecast, by Technology, 2017-2031
    • 10.2.1. LED
    • 10.2.2. Fluorescent
    • 10.2.3. High Intensity Discharge (HID)
    • 10.2.4. Others
  • 10.3. Grow Light Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031
    • 10.3.1. Indoor Farming
    • 10.3.2. Vertical Farming
    • 10.3.3. Greenhouse
    • 10.3.4. Research
    • 10.3.5. Turf
    • 10.3.6. Others
  • 10.4. Grow Light Market Size (US$ Mn) Analysis & Forecast, by Country and Sub-region, 2017-2031
    • 10.4.1. China
    • 10.4.2. Japan
    • 10.4.3. India
    • 10.4.4. South Korea
    • 10.4.5. ASEAN
    • 10.4.6. Rest of Asia Pacific
  • 10.5. Market Attractiveness Analysis
    • 10.5.1. By Technology
    • 10.5.2. By Application
    • 10.5.3. By Country/Sub-region

11. Middle East & Africa Grow Light Market Analysis and Forecast

  • 11.1. Market Snapshot
  • 11.2. Grow Light Market Size (US$ Mn) Analysis & Forecast, by Technology, 2017-2031
    • 11.2.1. LED
    • 11.2.2. Fluorescent
    • 11.2.3. High Intensity Discharge (HID)
    • 11.2.4. Others
  • 11.3. Grow Light Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031
    • 11.3.1. Indoor Farming
    • 11.3.2. Vertical Farming
    • 11.3.3. Greenhouse
    • 11.3.4. Research
    • 11.3.5. Turf
    • 11.3.6. Others
  • 11.4. Grow Light Market Size (US$ Mn) Analysis & Forecast, by Country and Sub-region, 2017-2031
    • 11.4.1. GCC
    • 11.4.2. South Africa
    • 11.4.3. Rest of Middle East & Africa
  • 11.5. Market Attractiveness Analysis
    • 11.5.1. By Technology
    • 11.5.2. By Application
    • 11.5.3. By Country/Sub-region

12. South America Grow Light Market Analysis and Forecast

  • 12.1. Market Snapshot
  • 12.2. Grow Light Market Size (US$ Mn) Analysis & Forecast, by Technology, 2017-2031
    • 12.2.1. LED
    • 12.2.2. Fluorescent
    • 12.2.3. High Intensity Discharge (HID)
    • 12.2.4. Others
  • 12.3. Grow Light Market Size (US$ Mn) Analysis & Forecast, by Application, 2017-2031
    • 12.3.1. Indoor Farming
    • 12.3.2. Vertical Farming
    • 12.3.3. Greenhouse
    • 12.3.4. Research
    • 12.3.5. Turf
    • 12.3.6. Others
  • 12.4. Grow Light Market Size (US$ Mn) Analysis & Forecast, by Country and Sub-region, 2017-2031
    • 12.4.1. Brazil
    • 12.4.2. Rest of South America
  • 12.5. Market Attractiveness Analysis
    • 12.5.1. By Technology
    • 12.5.2. By Application
    • 12.5.3. By Country/Sub-region

13. Competition Assessment

  • 13.1. Global Grow Light Market Competition Matrix - a Dashboard View
    • 13.1.1. Global Grow Light Market Company Share Analysis, by Value (2022)
    • 13.1.2. Technological Differentiator

14. Company Profiles (Global Manufacturers/Suppliers)

  • 14.1. LumiGrow Inc.
    • 14.1.1. Overview
    • 14.1.2. Technology Portfolio
    • 14.1.3. Sales Footprint
    • 14.1.4. Key Subsidiaries or Distributors
    • 14.1.5. Strategy and Recent Developments
    • 14.1.6. Key Financials
  • 14.2. Philips Lighting
    • 14.2.1. Overview
    • 14.2.2. Technology Portfolio
    • 14.2.3. Sales Footprint
    • 14.2.4. Key Subsidiaries or Distributors
    • 14.2.5. Strategy and Recent Developments
    • 14.2.6. Key Financials
  • 14.3. General Electric Company
    • 14.3.1. Overview
    • 14.3.2. Technology Portfolio
    • 14.3.3. Sales Footprint
    • 14.3.4. Key Subsidiaries or Distributors
    • 14.3.5. Strategy and Recent Developments
    • 14.3.6. Key Financials
  • 14.4. Lumileds Holding B.V.
    • 14.4.1. Overview
    • 14.4.2. Technology Portfolio
    • 14.4.3. Sales Footprint
    • 14.4.4. Key Subsidiaries or Distributors
    • 14.4.5. Strategy and Recent Developments
    • 14.4.6. Key Financials
  • 14.5. Signify Holding
    • 14.5.1. Overview
    • 14.5.2. Technology Portfolio
    • 14.5.3. Sales Footprint
    • 14.5.4. Key Subsidiaries or Distributors
    • 14.5.5. Strategy and Recent Developments
    • 14.5.6. Key Financials
  • 14.6. Heliospectra AB
    • 14.6.1. Overview
    • 14.6.2. Technology Portfolio
    • 14.6.3. Sales Footprint
    • 14.6.4. Key Subsidiaries or Distributors
    • 14.6.5. Strategy and Recent Developments
    • 14.6.6. Key Financials
  • 14.7. Gavita International B.V.
    • 14.7.1. Overview
    • 14.7.2. Technology Portfolio
    • 14.7.3. Sales Footprint
    • 14.7.4. Key Subsidiaries or Distributors
    • 14.7.5. Strategy and Recent Developments
    • 14.7.6. Key Financials
  • 14.8. Lumitex, LLC.
    • 14.8.1. Overview
    • 14.8.2. Technology Portfolio
    • 14.8.3. Sales Footprint
    • 14.8.4. Key Subsidiaries or Distributors
    • 14.8.5. Strategy and Recent Developments
    • 14.8.6. Key Financials
  • 14.9. AMS-OSRAM
    • 14.9.1. Overview
    • 14.9.2. Technology Portfolio
    • 14.9.3. Sales Footprint
    • 14.9.4. Key Subsidiaries or Distributors
    • 14.9.5. Strategy and Recent Developments
    • 14.9.6. Key Financials
  • 14.10. Scotts Miracle-Gro Company
    • 14.10.1. Overview
    • 14.10.2. Technology Portfolio
    • 14.10.3. Sales Footprint
    • 14.10.4. Key Subsidiaries or Distributors
    • 14.10.5. Strategy and Recent Developments
    • 14.10.6. Key Financials

15. Go to Market Strategy

  • 15.1. Identification of Potential Market Spaces
  • 15.2. Preferred Sales & Marketing Strategy
Product Code: TMRGL36185

List of Tables

  • Table 1: Global Grow Light Market Value (US$ Mn) & Forecast, by Technology, 2017-2031
  • Table 2: Global Grow Light Market Value (US$ Mn) & Forecast, by Application, 2017-2031
  • Table 3: Global Grow Light Market Value (US$ Mn) & Forecast, by Region, 2017-2031
  • Table 4: North America Grow Light Market Value (US$ Mn) & Forecast, by Technology, 2017-2031
  • Table 5: North America Grow Light Market Value (US$ Mn) & Forecast, by Application, 2017-2031
  • Table 6: North America Grow Light Market Value (US$ Mn) & Forecast, by Country, 2017-2031
  • Table 7: Europe Grow Light Market Value (US$ Mn) & Forecast, by Technology, 2017-2031
  • Table 8: Europe Grow Light Market Value (US$ Mn) & Forecast, by Application, 2017-2031
  • Table 9: Europe Grow Light Market Value (US$ Mn) & Forecast, by Country and Sub-region, 2017-2031
  • Table 10: Asia Pacific Grow Light Market Value (US$ Mn) & Forecast, by Technology, 2017-2031
  • Table 11: Asia Pacific Grow Light Market Value (US$ Mn) & Forecast, by Application, 2017-2031
  • Table 12: Asia Pacific Grow Light Market Value (US$ Mn) & Forecast, by Country and Sub-region, 2017-2031
  • Table 13: Middle East & Africa Grow Light Market Value (US$ Mn) & Forecast, by Technology, 2017-2031
  • Table 14: Middle East & Africa Grow Light Market Value (US$ Mn) & Forecast, by Application, 2017-2031
  • Table 15: Middle East & Africa Grow Light Market Value (US$ Mn) & Forecast, by Country and Sub-region, 2017-2031
  • Table 16: South America Grow Light Market Value (US$ Mn) & Forecast, by Technology, 2017-2031
  • Table 17: South America Grow Light Market Value (US$ Mn) & Forecast, by Application, 2017-2031
  • Table 18: South America Grow Light Market Value (US$ Mn) & Forecast, by Country and Sub-region, 2017-2031

List of Figures

  • Figure 01: Supply Chain Analysis - Global Grow Light Market
  • Figure 02: Porter's Five Forces Analysis - Global Grow Light Market
  • Figure 03: Technology Road Map - Global Grow Light Market
  • Figure 04: Global Grow Light Market, Value (US$ Mn), 2017-2031
  • Figure 05: Global Grow Light Market Size & Forecast, Y-O-Y, Value (US$ Mn), 2017-2031
  • Figure 06: Global Grow Light Market Projections, by Technology, Value (US$ Mn), 2017-2031
  • Figure 07: Global Grow Light Market, Incremental Opportunity, by Technology, 2023-2031
  • Figure 08: Global Grow Light Market Share Analysis, by Technology, 2023 and 2031
  • Figure 09: Global Grow Light Market Projections, by Application, Value (US$ Mn), 2017-2031
  • Figure 10: Global Grow Light Market, Incremental Opportunity, by Application, 2017-2031
  • Figure 11: Global Grow Light Market Share Analysis, by Application, 2023 and 2031
  • Figure 12: Global Grow Light Market Projections, by Region, Value (US$ Mn), 2017-2031
  • Figure 13: Global Grow Light Market, Incremental Opportunity, by Region, 2023-2031
  • Figure 14: Global Grow Light Market Share Analysis, by Region, 2023 and 2031
  • Figure 15: North America Grow Light Market Size & Forecast, Value (US$ Mn), 2017-2031
  • Figure 16: North America Grow Light Market Size & Forecast, Y-O-Y, Value (US$ Mn), 2023-2031
  • Figure 17: North America Grow Light Market Projections, by Technology Value (US$ Mn), 2017-2031
  • Figure 18: North America Grow Light Market, Incremental Opportunity, by Technology, 2023-2031
  • Figure 19: North America Grow Light Market Share Analysis, by Technology, 2023 and 2031
  • Figure 20: North America Grow Light Market, Incremental Opportunity, by Application, 2023-2031
  • Figure 21: North America Grow Light Market Share Analysis, by Application, 2023 and 2031
  • Figure 22: North America Grow Light Market Projections, by Country, Value (US$ Mn), 2023-2031
  • Figure 23: North America Grow Light Market, Incremental Opportunity, by Country and Sub-region, 2023-2031
  • Figure 24: North America Grow Light Market Share Analysis, by Country, 2023 and 2031
  • Figure 25: Europe Grow Light Market Size & Forecast, Value (US$ Mn), 2017-2031
  • Figure 26: Europe Grow Light Market Size & Forecast, Y-O-Y, Value (US$ Mn), 2023-2031
  • Figure 27: Europe Grow Light Market Projections, by Technology Value (US$ Mn), 2023-2031
  • Figure 28: Europe Grow Light Market, Incremental Opportunity, by Technology, 2023-2031
  • Figure 29: Europe Grow Light Market Share Analysis, by Technology, 2023 and 2031
  • Figure 30: Europe Grow Light Market Projections, by Application, Value (US$ Mn), 2017-2031
  • Figure 31: Europe Grow Light Market, Incremental Opportunity, by Application, 2023-2031
  • Figure 32: Europe Grow Light Market Share Analysis, by Application, 2023 and 2031
  • Figure 33: Europe Grow Light Market Projections, by Country and Sub-region, Value (US$ Mn), 2017-2031
  • Figure 34: Europe Grow Light Market, Incremental Opportunity, by Country and Sub-region, 2023-2031
  • Figure 35: Europe Grow Light Market Share Analysis, by Country and Sub-region 2023 and 2031
  • Figure 36: Asia Pacific Grow Light Market Size & Forecast, Value (US$ Mn), 2017-2031
  • Figure 37: Asia Pacific Grow Light Market Size & Forecast, Y-O-Y, Value (US$ Mn), 2023-2031
  • Figure 38: Asia Pacific Grow Light Market Projections, by Technology Value (US$ Mn), 2017-2031
  • Figure 39: Asia Pacific Grow Light Market, Incremental Opportunity, by Technology, 2023-2031
  • Figure 40: Asia Pacific Grow Light Market Share Analysis, by Technology, 2023 and 2031
  • Figure 41: Asia Pacific Grow Light Market Projections, by Application, Value (US$ Mn), 2017-2031
  • Figure 42: Asia Pacific Grow Light Market, Incremental Opportunity, by Application, 2023-2031
  • Figure 43: Asia Pacific Grow Light Market Share Analysis, by Application, 2023 and 2031
  • Figure 44: Asia Pacific Grow Light Market Projections, by Country and Sub-region, Value (US$ Mn), 2017-2031
  • Figure 45: Asia Pacific Grow Light Market, Incremental Opportunity, by Country and Sub-region, 2023-2031
  • Figure 46: Asia Pacific Grow Light Market Share Analysis, by Country and Sub-region 2023 and 2031
  • Figure 47: Middle East & Africa Grow Light Market Size & Forecast, Value (US$ Mn), 2017-2031
  • Figure 48: Middle East & Africa Grow Light Market Size & Forecast, Y-O-Y, Value (US$ Mn), 2023-2031
  • Figure 49: Middle East & Africa Grow Light Market Projections, by Technology Value (US$ Mn), 2017-2031
  • Figure 50: Middle East & Africa Grow Light Market, Incremental Opportunity, by Technology, 2023-2031
  • Figure 51: Middle East & Africa Grow Light Market Share Analysis, by Technology, 2023 and 2031
  • Figure 52: Middle East & Africa Grow Light Market Projections, by Application, Value (US$ Mn), 2017-2031
  • Figure 53: Middle East & Africa Grow Light Market, Incremental Opportunity, by Application, 2023-2031
  • Figure 54: Middle East & Africa Grow Light Market Share Analysis, by Application, 2023 and 2031
  • Figure 55: Middle East & Africa Grow Light Market Projections, by Country and Sub-region, Value (US$ Mn), 2017-2031
  • Figure 56: Middle East & Africa Grow Light Market, Incremental Opportunity, by Country and Sub-region, 2023-2031
  • Figure 57: Middle East & Africa Grow Light Market Share Analysis, by Country and Sub-region 2023 and 2031
  • Figure 58: South America Grow Light Market Size & Forecast, Value (US$ Mn), 2017-2031
  • Figure 59: South America Grow Light Market Size & Forecast, Y-O-Y, Value (US$ Mn), 2023-2031
  • Figure 60: South America Grow Light Market Projections, by Technology Value (US$ Mn), 2017-2031
  • Figure 61: South America Grow Light Market, Incremental Opportunity, by Technology, 2023-2031
  • Figure 62: South America Grow Light Market Share Analysis, by Technology, 2023 and 2031
  • Figure 63: South America Grow Light Market Projections, by Application, Value (US$ Mn), 2017-2031
  • Figure 64: South America Grow Light Market, Incremental Opportunity, by Application, 2023-2031
  • Figure 65: South America Grow Light Market Share Analysis, by Application, 2023 and 2031
  • Figure 66: South America Grow Light Market Projections, by Country and Sub-region, Value (US$ Mn), 2017-2031
  • Figure 67: South America Grow Light Market, Incremental Opportunity, by Country and Sub-region, 2023-2031
  • Figure 68: South America Grow Light Market Share Analysis, by Country and Sub-region 2023 and 2031
  • Figure 69: Global Grow Light Market Competition
  • Figure 70: Global Grow Light Market Company Share Analysis
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