Grow light is an artificial light source, generally an electric light, designed to stimulate plant growth by emitting a light appropriate for photosynthesis. Grow lights are used in applications where there is either no naturally occurring light, or where supplemental light is required.
The global Grow Light market is projected to grow from US$ 5063.2 million in 2023 to US$ 9614.6 million by 2029, at a Compound Annual Growth Rate (CAGR) of 11.3% during the forecast period.
The US & Canada market for Grow Light is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The China market for Grow Light is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The Europe market for Grow Light is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The global key manufacturers of Grow Light include AeroFarms, Royal Philips, General Electric, Osram Licht, Gavita Holland, Lumigrow, Heliospectra, Iwasaki Electric and Illumitex, etc. In 2022, the global top five players had a share approximately % in terms of revenue.
In terms of production side, this report researches the Grow Light production, growth rate, market share by manufacturers and by region (region level and country level), from 2018 to 2023, and forecast to 2029.
In terms of consumption side, this report focuses on the sales of Grow Light by region (region level and country level), by company, by Type and by Application. from 2018 to 2023 and forecast to 2029.
Report Includes:
This report presents an overview of global market for Grow Light, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2018 - 2022, estimates for 2023, and projections of CAGR through 2029.
This report researches the key producers of Grow Light, also provides the consumption of main regions and countries. Highlights of the upcoming market potential for Grow Light, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Grow Light sales, revenue, market share and industry ranking of main manufacturers, data from 2018 to 2023. Identification of the major stakeholders in the global Grow Light market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2018 to 2029. Evaluation and forecast the market size for Grow Light sales, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including AeroFarms, Royal Philips, General Electric, Osram Licht, Gavita Holland, Lumigrow, Heliospectra, Iwasaki Electric and Illumitex, etc.
By Company
AeroFarms
Royal Philips
General Electric
Osram Licht
Gavita Holland
Lumigrow
Heliospectra
Iwasaki Electric
Illumitex
Hortilux Schreder
Sunlight Supply
Segment by Type
High Intensity Discharge(HID)
LED
Fluorescent
Plasma
Segment by Application
Indoor Farming
Vertical Farming
Commercial Greenhouse
Others
Production by Region
North America
Europe
China
Japan
Sales by Region
US & Canada
U.S.
Canada
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Middle East, Africa, Latin America
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and by Application, etc.), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Grow Light production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production and development potential of each producer in the next six years.
Chapter 3: Sales (consumption), revenue of Grow Light in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 4: Detailed analysis of Grow Light manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America (US & Canada) by type, by application and by country, sales and revenue for each segment.
Chapter 8: Europe by type, by application and by country, sales and revenue for each segment.
Chapter 9: China by type and by application sales and revenue for each segment.
Chapter 10: Asia (excluding China) by type, by application and by region, sales and revenue for each segment.
Chapter 11: Middle East, Africa, Latin America by type, by application and by country, sales and revenue for each segment.
Chapter 12: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Grow Light sales, revenue, price, gross margin, and recent development, etc.
Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 14: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 15: The main points and conclusions of the report.
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1 Study Coverage
1.1 Grow Light Product Introduction
1.2 Market by Type
1.2.1 Global Grow Light Market Size by Type, 2018 VS 2022 VS 2029
1.2.2 High Intensity Discharge(HID)
1.2.3 LED
1.2.4 Fluorescent
1.2.5 Plasma
1.3 Market by Application
1.3.1 Global Grow Light Market Size by Application, 2018 VS 2022 VS 2029
1.3.2 Indoor Farming
1.3.3 Vertical Farming
1.3.4 Commercial Greenhouse
1.3.5 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Grow Light Production
2.1 Global Grow Light Production Capacity (2018-2029)
2.2 Global Grow Light Production by Region: 2018 VS 2022 VS 2029
2.3 Global Grow Light Production by Region
2.3.1 Global Grow Light Historic Production by Region (2018-2023)
2.3.2 Global Grow Light Forecasted Production by Region (2024-2029)
2.3.3 Global Grow Light Production Market Share by Region (2018-2029)
2.4 North America
2.5 Europe
2.6 China
2.7 Japan
3 Executive Summary
3.1 Global Grow Light Revenue Estimates and Forecasts 2018-2029
3.2 Global Grow Light Revenue by Region
3.2.1 Global Grow Light Revenue by Region: 2018 VS 2022 VS 2029
3.2.2 Global Grow Light Revenue by Region (2018-2023)
3.2.3 Global Grow Light Revenue by Region (2024-2029)
3.2.4 Global Grow Light Revenue Market Share by Region (2018-2029)
3.3 Global Grow Light Sales Estimates and Forecasts 2018-2029
3.4 Global Grow Light Sales by Region
3.4.1 Global Grow Light Sales by Region: 2018 VS 2022 VS 2029
3.4.2 Global Grow Light Sales by Region (2018-2023)
3.4.3 Global Grow Light Sales by Region (2024-2029)
3.4.4 Global Grow Light Sales Market Share by Region (2018-2029)
3.5 US & Canada
3.6 Europe
3.7 China
3.8 Asia (excluding China)
3.9 Middle East, Africa and Latin America
4 Competition by Manufactures
4.1 Global Grow Light Sales by Manufacturers
4.1.1 Global Grow Light Sales by Manufacturers (2018-2023)
4.1.2 Global Grow Light Sales Market Share by Manufacturers (2018-2023)
4.1.3 Global Top 10 and Top 5 Largest Manufacturers of Grow Light in 2022
4.2 Global Grow Light Revenue by Manufacturers
4.2.1 Global Grow Light Revenue by Manufacturers (2018-2023)
4.2.2 Global Grow Light Revenue Market Share by Manufacturers (2018-2023)
4.2.3 Global Top 10 and Top 5 Companies by Grow Light Revenue in 2022
4.3 Global Grow Light Sales Price by Manufacturers
4.4 Global Key Players of Grow Light, Industry Ranking, 2021 VS 2022 VS 2023
4.5 Analysis of Competitive Landscape
4.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
4.5.2 Global Grow Light Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.6 Global Key Manufacturers of Grow Light, Manufacturing Base Distribution and Headquarters
4.7 Global Key Manufacturers of Grow Light, Product Offered and Application
4.8 Global Key Manufacturers of Grow Light, Date of Enter into This Industry
4.9 Mergers & Acquisitions, Expansion Plans
5 Market Size by Type
5.1 Global Grow Light Sales by Type
5.1.1 Global Grow Light Historical Sales by Type (2018-2023)
5.1.2 Global Grow Light Forecasted Sales by Type (2024-2029)
5.1.3 Global Grow Light Sales Market Share by Type (2018-2029)
5.2 Global Grow Light Revenue by Type
5.2.1 Global Grow Light Historical Revenue by Type (2018-2023)
5.2.2 Global Grow Light Forecasted Revenue by Type (2024-2029)
5.2.3 Global Grow Light Revenue Market Share by Type (2018-2029)
5.3 Global Grow Light Price by Type
5.3.1 Global Grow Light Price by Type (2018-2023)
5.3.2 Global Grow Light Price Forecast by Type (2024-2029)
6 Market Size by Application
6.1 Global Grow Light Sales by Application
6.1.1 Global Grow Light Historical Sales by Application (2018-2023)
6.1.2 Global Grow Light Forecasted Sales by Application (2024-2029)
6.1.3 Global Grow Light Sales Market Share by Application (2018-2029)
6.2 Global Grow Light Revenue by Application
6.2.1 Global Grow Light Historical Revenue by Application (2018-2023)
6.2.2 Global Grow Light Forecasted Revenue by Application (2024-2029)
6.2.3 Global Grow Light Revenue Market Share by Application (2018-2029)
6.3 Global Grow Light Price by Application
6.3.1 Global Grow Light Price by Application (2018-2023)
6.3.2 Global Grow Light Price Forecast by Application (2024-2029)
7 US & Canada
7.1 US & Canada Grow Light Market Size by Type
7.1.1 US & Canada Grow Light Sales by Type (2018-2029)
7.1.2 US & Canada Grow Light Revenue by Type (2018-2029)
7.2 US & Canada Grow Light Market Size by Application
7.2.1 US & Canada Grow Light Sales by Application (2018-2029)
7.2.2 US & Canada Grow Light Revenue by Application (2018-2029)
7.3 US & Canada Grow Light Sales by Country
7.3.1 US & Canada Grow Light Revenue by Country: 2018 VS 2022 VS 2029
7.3.2 US & Canada Grow Light Sales by Country (2018-2029)
7.3.3 US & Canada Grow Light Revenue by Country (2018-2029)
7.3.4 U.S.
7.3.5 Canada
8 Europe
8.1 Europe Grow Light Market Size by Type
8.1.1 Europe Grow Light Sales by Type (2018-2029)
8.1.2 Europe Grow Light Revenue by Type (2018-2029)
8.2 Europe Grow Light Market Size by Application
8.2.1 Europe Grow Light Sales by Application (2018-2029)
8.2.2 Europe Grow Light Revenue by Application (2018-2029)
8.3 Europe Grow Light Sales by Country
8.3.1 Europe Grow Light Revenue by Country: 2018 VS 2022 VS 2029
8.3.2 Europe Grow Light Sales by Country (2018-2029)
8.3.3 Europe Grow Light Revenue by Country (2018-2029)
8.3.4 Germany
8.3.5 France
8.3.6 U.K.
8.3.7 Italy
8.3.8 Russia
9 China
9.1 China Grow Light Market Size by Type
9.1.1 China Grow Light Sales by Type (2018-2029)
9.1.2 China Grow Light Revenue by Type (2018-2029)
9.2 China Grow Light Market Size by Application
9.2.1 China Grow Light Sales by Application (2018-2029)
9.2.2 China Grow Light Revenue by Application (2018-2029)
10 Asia (excluding China)
10.1 Asia Grow Light Market Size by Type
10.1.1 Asia Grow Light Sales by Type (2018-2029)
10.1.2 Asia Grow Light Revenue by Type (2018-2029)
10.2 Asia Grow Light Market Size by Application
10.2.1 Asia Grow Light Sales by Application (2018-2029)
10.2.2 Asia Grow Light Revenue by Application (2018-2029)
10.3 Asia Grow Light Sales by Region
10.3.1 Asia Grow Light Revenue by Region: 2018 VS 2022 VS 2029
10.3.2 Asia Grow Light Revenue by Region (2018-2029)
10.3.3 Asia Grow Light Sales by Region (2018-2029)
10.3.4 Japan
10.3.5 South Korea
10.3.6 China Taiwan
10.3.7 Southeast Asia
10.3.8 India
11 Middle East, Africa and Latin America
11.1 Middle East, Africa and Latin America Grow Light Market Size by Type
11.1.1 Middle East, Africa and Latin America Grow Light Sales by Type (2018-2029)
11.1.2 Middle East, Africa and Latin America Grow Light Revenue by Type (2018-2029)
11.2 Middle East, Africa and Latin America Grow Light Market Size by Application
11.2.1 Middle East, Africa and Latin America Grow Light Sales by Application (2018-2029)
11.2.2 Middle East, Africa and Latin America Grow Light Revenue by Application (2018-2029)
11.3 Middle East, Africa and Latin America Grow Light Sales by Country
11.3.1 Middle East, Africa and Latin America Grow Light Revenue by Country: 2018 VS 2022 VS 2029
11.3.2 Middle East, Africa and Latin America Grow Light Revenue by Country (2018-2029)
11.3.3 Middle East, Africa and Latin America Grow Light Sales by Country (2018-2029)
11.3.4 Brazil
11.3.5 Mexico
11.3.6 Turkey
11.3.7 Israel
11.3.8 GCC Countries
12 Corporate Profiles
12.1 AeroFarms
12.1.1 AeroFarms Company Information
12.1.2 AeroFarms Overview
12.1.3 AeroFarms Grow Light Sales, Price, Revenue and Gross Margin (2018-2023)
12.1.4 AeroFarms Grow Light Product Model Numbers, Pictures, Descriptions and Specifications
12.1.5 AeroFarms Recent Developments
12.2 Royal Philips
12.2.1 Royal Philips Company Information
12.2.2 Royal Philips Overview
12.2.3 Royal Philips Grow Light Sales, Price, Revenue and Gross Margin (2018-2023)
12.2.4 Royal Philips Grow Light Product Model Numbers, Pictures, Descriptions and Specifications
12.2.5 Royal Philips Recent Developments
12.3 General Electric
12.3.1 General Electric Company Information
12.3.2 General Electric Overview
12.3.3 General Electric Grow Light Sales, Price, Revenue and Gross Margin (2018-2023)
12.3.4 General Electric Grow Light Product Model Numbers, Pictures, Descriptions and Specifications
12.3.5 General Electric Recent Developments
12.4 Osram Licht
12.4.1 Osram Licht Company Information
12.4.2 Osram Licht Overview
12.4.3 Osram Licht Grow Light Sales, Price, Revenue and Gross Margin (2018-2023)
12.4.4 Osram Licht Grow Light Product Model Numbers, Pictures, Descriptions and Specifications
12.4.5 Osram Licht Recent Developments
12.5 Gavita Holland
12.5.1 Gavita Holland Company Information
12.5.2 Gavita Holland Overview
12.5.3 Gavita Holland Grow Light Sales, Price, Revenue and Gross Margin (2018-2023)
12.5.4 Gavita Holland Grow Light Product Model Numbers, Pictures, Descriptions and Specifications
12.5.5 Gavita Holland Recent Developments
12.6 Lumigrow
12.6.1 Lumigrow Company Information
12.6.2 Lumigrow Overview
12.6.3 Lumigrow Grow Light Sales, Price, Revenue and Gross Margin (2018-2023)
12.6.4 Lumigrow Grow Light Product Model Numbers, Pictures, Descriptions and Specifications
12.6.5 Lumigrow Recent Developments
12.7 Heliospectra
12.7.1 Heliospectra Company Information
12.7.2 Heliospectra Overview
12.7.3 Heliospectra Grow Light Sales, Price, Revenue and Gross Margin (2018-2023)
12.7.4 Heliospectra Grow Light Product Model Numbers, Pictures, Descriptions and Specifications
12.7.5 Heliospectra Recent Developments
12.8 Iwasaki Electric
12.8.1 Iwasaki Electric Company Information
12.8.2 Iwasaki Electric Overview
12.8.3 Iwasaki Electric Grow Light Sales, Price, Revenue and Gross Margin (2018-2023)
12.8.4 Iwasaki Electric Grow Light Product Model Numbers, Pictures, Descriptions and Specifications
12.8.5 Iwasaki Electric Recent Developments
12.9 Illumitex
12.9.1 Illumitex Company Information
12.9.2 Illumitex Overview
12.9.3 Illumitex Grow Light Sales, Price, Revenue and Gross Margin (2018-2023)
12.9.4 Illumitex Grow Light Product Model Numbers, Pictures, Descriptions and Specifications
12.9.5 Illumitex Recent Developments
12.10 Hortilux Schreder
12.10.1 Hortilux Schreder Company Information
12.10.2 Hortilux Schreder Overview
12.10.3 Hortilux Schreder Grow Light Sales, Price, Revenue and Gross Margin (2018-2023)
12.10.4 Hortilux Schreder Grow Light Product Model Numbers, Pictures, Descriptions and Specifications
12.10.5 Hortilux Schreder Recent Developments
12.11 Sunlight Supply
12.11.1 Sunlight Supply Company Information
12.11.2 Sunlight Supply Overview
12.11.3 Sunlight Supply Grow Light Sales, Price, Revenue and Gross Margin (2018-2023)
12.11.4 Sunlight Supply Grow Light Product Model Numbers, Pictures, Descriptions and Specifications
12.11.5 Sunlight Supply Recent Developments
13 Industry Chain and Sales Channels Analysis
13.1 Grow Light Industry Chain Analysis
13.2 Grow Light Key Raw Materials
13.2.1 Key Raw Materials
13.2.2 Raw Materials Key Suppliers
13.3 Grow Light Production Mode & Process
13.4 Grow Light Sales and Marketing
13.4.1 Grow Light Sales Channels
13.4.2 Grow Light Distributors
13.5 Grow Light Customers
14 Grow Light Market Dynamics
14.1 Grow Light Industry Trends
14.2 Grow Light Market Drivers
14.3 Grow Light Market Challenges
14.4 Grow Light Market Restraints
15 Key Finding in The Global Grow Light Study
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.2 Data Source
16.2 Author Details
16.3 Disclaimer
AeroFarms
Royal Philips
General Electric
Osram Licht
Gavita Holland
Lumigrow
Heliospectra
Iwasaki Electric
Illumitex
Hortilux Schreder
Sunlight Supply
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*If Applicable.
