Global LED Grow Light Market is Projected to Grow at a CAGR of 27.90% During the Forecast Period (2016-2024)
According to Goldstein Research, major driving factor for LED grow light market is the increasing investment by the government for green house technology such as LEDs and banning on the usage of incandescent bulbs
(EMAILWIRE.COM, October 12, 2018 ) According to Goldstein Research, a major driving factor for LED grow light market is the increasing investment by the government for greenhouse technology such as LEDs and banning on the usage of incandescent bulbs. Moreover, one of the major trends in the global LED grow light market is the non-visible light spectrum such as the use of UVs or IR LEDs. Non-visible LEDs will penetrate in the industries such as the biometrics, biomedical and agricultural industries.
Global LED grow light market outlook also includes new product developments and capital investment as the key strategies adopted by the major players for significant expansion across the globe.
Download Exclusive Sample Report: https://www.goldsteinresearch.com/request-sample/led-grow-lights-market
Market Segmentation
On the basis of our in-depth analysis, Global LED grow light market can be segmented as follows:
By Spectrum
Partial Spectrum
Full Spectrum
By Range
60-200W
200-1000W
1000-2000W
By Plant Type
High Light Plants
Low Light Plants
By Device Type
Top Lights
Inter-Lights
TLEDs
Flowering Lamps
By Application
Horticulture
Indoor gardening
Food production
By Geography
North America (US, Canada) {Market Share (%), Market Size (USD Billion)}
Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion)}
The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion)}
Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion)}
Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion)}
Browse Full Report:https://www.goldsteinresearch.com/report/led-grow-lights-market
Global LED Grow LightMarket Outlook 2024 contains a detailed overview of the Global LED grow light market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by spectrum, by range, grow plant type, by device type and by applications.
Further, for the comprehensive analysis, Global LED Grow LightMarket Analysis encompasses the industry market challenges, growth drivers, market attractiveness, risk analysis, BPS (Base Point Scale) analysis, Porters five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Philips, Osram, General Electric, Easy Agricultural, Illumitex, Fiona Lighting, Lumigrow, Kind LED Grow Lights etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Overall, the report represents the global LED grow light market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new market players probing for opportunities and other investors to positions their market centered strategies according to the evolving and expected trends in the future.
Key questions answered in this global LED grow light market report
What is the global LED grow light market size by 2024 and what would be the expected growth rate of the industry?
What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
What are the LED grow light market trends?
What are the factors which are driving this industry?
What are the major barriers to LED grow light industry growth?
Who are the key vendors in this industry space?
What are the industry opportunities for the existing and entry-level players?
What are the recent developments and business strategy of the key players?
About Goldstein Research
Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors overview.
Our analysts working on entertainment digital media market research reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients needs and business agenda.
Browse Similar Report: Smart Agriculture Market
Global LED grow light market outlook also includes new product developments and capital investment as the key strategies adopted by the major players for significant expansion across the globe.
Download Exclusive Sample Report: https://www.goldsteinresearch.com/request-sample/led-grow-lights-market
Market Segmentation
On the basis of our in-depth analysis, Global LED grow light market can be segmented as follows:
By Spectrum
Partial Spectrum
Full Spectrum
By Range
60-200W
200-1000W
1000-2000W
By Plant Type
High Light Plants
Low Light Plants
By Device Type
Top Lights
Inter-Lights
TLEDs
Flowering Lamps
By Application
Horticulture
Indoor gardening
Food production
By Geography
North America (US, Canada) {Market Share (%), Market Size (USD Billion)}
Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion)}
The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion)}
Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion)}
Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion)}
Browse Full Report:https://www.goldsteinresearch.com/report/led-grow-lights-market
Global LED Grow LightMarket Outlook 2024 contains a detailed overview of the Global LED grow light market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by spectrum, by range, grow plant type, by device type and by applications.
Further, for the comprehensive analysis, Global LED Grow LightMarket Analysis encompasses the industry market challenges, growth drivers, market attractiveness, risk analysis, BPS (Base Point Scale) analysis, Porters five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Philips, Osram, General Electric, Easy Agricultural, Illumitex, Fiona Lighting, Lumigrow, Kind LED Grow Lights etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Overall, the report represents the global LED grow light market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new market players probing for opportunities and other investors to positions their market centered strategies according to the evolving and expected trends in the future.
Key questions answered in this global LED grow light market report
What is the global LED grow light market size by 2024 and what would be the expected growth rate of the industry?
What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
What are the LED grow light market trends?
What are the factors which are driving this industry?
What are the major barriers to LED grow light industry growth?
Who are the key vendors in this industry space?
What are the industry opportunities for the existing and entry-level players?
What are the recent developments and business strategy of the key players?
About Goldstein Research
Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors overview.
Our analysts working on entertainment digital media market research reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients needs and business agenda.
Browse Similar Report: Smart Agriculture Market
Contact Information:
Goldstein Research
Steve Blade
Tel: +1-646-568-7747
Email us
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Goldstein Research
Steve Blade
Tel: +1-646-568-7747
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results