Light-emitting Diode (LED) Grow Lights Market by Application and Geography - Forecast and Analysis 2023-2027
| Published: Oct 2023 | Pages: 169 | SKU: IRTNTR40110 |
Light-emitting Diode (LED) Grow Lights Market Forecast 2023-2027
The light-emitting diode (LED) grow lights market size is estimated to increase by USD 4,869.64 million between 2022 and 2027. The market size is forecast to grow at a CAGR of 26.8%. The growth of the market depends on several factors, including growth in indoor farming, the need for energy-efficient and long-lasting grow-light technology, and the need to improve the yield of crops and reduce crop wastage. LED grow lights are full-spectrum LED lights, like the sun or any natural light, which help plants grow. The products are an artificial source of light that helps stimulate plant growth by providing enough light for photosynthesis. They dissipate an electromagnetic light spectrum; hence, they are used widely in places where naturally occurring sunlight is low.
What will be the size of the Light-emitting Diode (LED) Grow Lights Market During the Forecast Period?
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Market Overview
Driver
The need for energy-efficient and long-lasting grow light technology is the key factor driving the growth of the market. The products are more energy efficient than fluorescent grow devices and HPS grow devices. CFLs are almost 50% less efficient than LED grow devices. The heat emitted from the LED grow devices is also low, approximately zero. LED grow devices play an important role in commercial greenhouse management, helping to improve crop quality and optimize production to meet market demand. The products are efficient and energy savers.
Moreover, the devices help to improve the taste of food. The overall quality and flavor of the food is determined by exposing the plant to the right amount of light. These devices give growers complete control over color, proximity, focus, and wavelength. Optimized light exposure ensures high yields, production quality, and improved food taste. Hence, the global market is anticipated to grow significantly during the forecast period.
Trends
The use of artificial intelligence is the primary trend shaping the growth of the market. Artificial intelligence helps to discover different environmental factors that can affect the growth of plants during indoor farming. Indoor farming requires a controlled environment with the right temperature, humidity, CO2 concentration, water, and light. It is also important to maintain the right combination of inputs, which must change with each stage of plant growth. Artificial intelligence helps to avoid the unnecessary use of the products.
Furthermore, major market players are investing in artificial intelligence. Various algorithms have been developed to analyze the data collected from the sensors and determine the growth and progress of the crop. This technology creates unique farming processes that help to manage the right amount of light and nutrients needed by plants, predict plant diseases, and optimize growing conditions. Hence, advancements in artificial intelligence and deep learning are expected to drive the global market during the forecast period.
Restrain
The harmful effects of LED grow lights affect the growth of the market. The products are very sensitive to the human eye. Workers working on indoor farms should use eye protection as LED devices can be harmful to human eyes. Indoor growers should always avoid looking directly into such strong light sources. The blue light produced by LED grow devices ranges from 380nm to 500nm across the light spectrum. It has serious effects on the health of growers. Overexposure to blue light can damage the retina, macula, and photoreceptors. It also affects the human sleep cycle.
Moreover, some lights emit ultraviolet (UV) light, which is harmful to the human eye. Exposure to the UV spectrum can damage vision or lead to color perception problems, cataracts, and decreased night vision. Therefore, growers need to be careful and use many preventive measures to protect their health. Hence, these adverse effects are likely to affect demand for the products, which will impede the growth of the market during the forecast period.
Market Segmentation By Application
The market share growth by the commercial greenhouses segment will be significant during the forecast period. A commercial greenhouse is a structure whose roof is made of a transparent material such as glass. Plants are grown under specified climatic conditions. These structures vary in size, from small hangars to industrial-scale buildings. Fruits, flowers, and vegetables can be grown in a greenhouse at any time of the year. Greenhouses eliminate the problem of short growing seasons and low light levels. Such factors have led to a high demand for LED grow lights.
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The commercial greenhouses segment showed a gradual increase in the market share of USD 456.37 million in 2017 and continued to grow by 2021. Commercial greenhouse operators are increasingly using the products to increase their production capacity. Initially, about 25% of the total greenhouse area was fitted with LED lights on top of the Hyperion 1750. This provided over 200 micromol/s/m2 of artificial light. Sterling Suffolk plans to expand the products area in the following years, which will help to produce high-yielding tomatoes year-round. Therefore, with the increase in greenhouse adoption globally, the demand for the products is expected to increase during the forecast period.
Market Segmentation By Power Rating
The low power held the largest market share in the global market. Indoor gardening using the products is gaining momentum as individuals benefit from growing their own plants under controlled conditions. Using the products properly is one of the most important aspects of indoor farming. Among the different types and wattages available, low-power LED grow lights stand out as an energy-efficient and versatile option for a number of indoor farming applications. Low-power LEDs provide the ideal balance between light and energy efficiency for plants that require minimal light. Hence, due to these advantages, the products are expected to significantly boost the global market during the forecast period.
Regional Overview
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Europe is estimated to contribute 35% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Due to the growing popularity of vertical farming Europe is the leading market for the products. The Netherlands is one of the main exporters of horticultural products and has various commercial automated greenhouses. Several greenhouse complexes in the Netherlands span 175 acres. These air-conditioned farms have helped make the country a world leader in tomato exports.
Furthermore, the area faces extreme cold in winter and a lack of sunshine in many places, leading to the need for artificial lighting and indoor farming. Many startups in Europe are taking the initiative to grow crops without an open farm. Thus, such initiatives will increase demand for the products, driving the products market in the region during the forecast period.
Market Customer Landscape
The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Market Customer Landscape
Who are the Major Light-emitting Diode (LED) Grow Lights Market Companies?
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
- OSRAM Licht AG: The company offers horticulture LED grow lights which have multiple application trade offs of efficacy, longevity, spectral optimization, and optical distribution at competitive cost, under its subsidiary Cree LED.
- Signify NV: The company offers GreenPower LED toplighting which delivers maximal horizontal light uniformity and vertical light distribution and has a linear range whose efficacy boosts up to 3.5 Jol.
- Shenzhen Grow LED Technology Co. Ltd.: The company offers LED grow lights such as Grow Horti whose fixture is equipped with an optical lens system ensuring constant and precise lighting, thus ensuring a healthy and uniform climate without large fluctuations in temperature.
The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
- Advanced Grow Lights American Co.
- Biological Innovation and Optimization Systems LLC
- Black Dog Grow Technologies Inc.
- Bridgelux Inc.
- Controlled Environments Ltd.
- Dool Industries
- General Electric Co.
- GrowRay Lighting Technologies
- Heliospectra AB
- Kessil
- Kind LED Grow Lights
- LED Hydroponic Ltd.
- Samsung Electronics Co. Ltd.
- SANlight GmbH
- Senmatic AS
- Valoya Oy
- SMART Global Holdings Inc.
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Market Analyst Overview
The Market experiences exponential growth, particularly in the Asia-Pacific and LAMEA regions, driven by agreements, collaborations, and mergers & acquisitions among key vendors. The products offer higher efficiency, controllability, and lifespan compared to traditional lighting, aiding indoor plant growth and the rise of vertical farming. Challenges include high initial investments, lack of standardization, and facility closures due to the unavailability of workforce. Legalization of cannabis and state rebates further stimulate market growth, while Porter's five forces analysis reveals competitive dynamics amidst product portfolio expansion and facility utilization.
Segment Overview
The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
- Application Outlook (USD Million, 2017 - 2027)
- Commercial greenhouses
- Vertical farming
- Indoor farming
- Others
- Power Rating Outlook (USD Million, 2017 - 2027)
- Low power (<100 W)
- Medium power (100-300 W)
- High power (>300 W)
- Region Outlook (USD Million, 2017 - 2027)
- North America
- The U.S.
- Canada
- Europe
- The U.K.
- Germany
- France
- Rest of Europe
- APAC
- China
- India
- APAC
- Chile
- Brazil
- Argentina
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- North America
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Light-emitting Diode (LED) Grow Lights Market Scope |
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Report Coverage |
Details |
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Page number |
169 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 26.8% |
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Market growth 2023-2027 |
USD 4,869.64 million |
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Market structure |
Fragmented |
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YoY growth 2022-2023(%) |
26.15 |
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Regional analysis |
Europe, North America, APAC, South America, and Middle East and Africa |
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Performing market contribution |
Europe at 35% |
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Key countries |
US, Canada, China, The Netherlands, and UK |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Advanced Grow Lights American Co., Biological Innovation and Optimization Systems LLC, Black Dog Grow Technologies Inc., Bridgelux Inc., Controlled Environments Ltd., Dool Industries, General Electric Co., GrowRay Lighting Technologies, Heliospectra AB, Kessil, Kind LED Grow Lights, LED Hydroponic Ltd., Samsung Electronics Co. Ltd., SANlight GmbH, Senmatic AS, Shenzhen Grow LED Technology Co. Ltd., Valoya Oy, Signify NV, OSRAM Licht AG, and SMART Global Holdings Inc. |
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Market dynamics |
Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our market growth and trends report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Market Research Report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
- Precise estimation of the size of the market size and its contribution to the parent market
- Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
- Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
- Thorough market growth analysis of the market’s competitive landscape and detailed information about vendors
- Comprehensive market analysis and report on the factors that will challenge the market research and growth of market vendors
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Power Rating
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global light-emitting diode (LED) grow lights market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on global light-emitting diode (led) grow lights market 2017 - 2021 ($ million)
- 4.2 Application Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
- 4.3 Power Rating Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Power Rating Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Application
- 6.1 Market segments
- Exhibit 30: Chart on Application - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
- 6.2 Comparison by Application
- Exhibit 32: Chart on Comparison by Application
- Exhibit 33: Data Table on Comparison by Application
- 6.3 Commercial greenhouses - Market size and forecast 2022-2027
- Exhibit 34: Chart on Commercial greenhouses - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Commercial greenhouses - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Commercial greenhouses - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Commercial greenhouses - Year-over-year growth 2022-2027 (%)
- 6.4 Vertical farming - Market size and forecast 2022-2027
- Exhibit 38: Chart on Vertical farming - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Vertical farming - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Vertical farming - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Vertical farming - Year-over-year growth 2022-2027 (%)
- 6.5 Indoor farming - Market size and forecast 2022-2027
- Exhibit 42: Chart on Indoor farming - Market size and forecast 2022-2027 ($ million)
- Exhibit 43: Data Table on Indoor farming - Market size and forecast 2022-2027 ($ million)
- Exhibit 44: Chart on Indoor farming - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Indoor farming - Year-over-year growth 2022-2027 (%)
- 6.6 Others - Market size and forecast 2022-2027
- Exhibit 46: Chart on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 47: Data Table on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 48: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 49: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 6.7 Market opportunity by Application
- Exhibit 50: Market opportunity by Application ($ million)
- Exhibit 51: Data Table on Market opportunity by Application ($ million)
7 Market Segmentation by Power Rating
- 7.1 Market segments
- Exhibit 52: Chart on Power Rating - Market share 2022-2027 (%)
- Exhibit 53: Data Table on Power Rating - Market share 2022-2027 (%)
- 7.2 Comparison by Power Rating
- Exhibit 54: Chart on Comparison by Power Rating
- Exhibit 55: Data Table on Comparison by Power Rating
- 7.3 Low power (100 W) - Market size and forecast 2022-2027
- Exhibit 56: Chart on Low power (100 W) - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Data Table on Low power (100 W) - Market size and forecast 2022-2027 ($ million)
- Exhibit 58: Chart on Low power (100 W) - Year-over-year growth 2022-2027 (%)
- Exhibit 59: Data Table on Low power (100 W) - Year-over-year growth 2022-2027 (%)
- 7.4 Medium power (100-300 W) - Market size and forecast 2022-2027
- Exhibit 60: Chart on Medium power (100-300 W) - Market size and forecast 2022-2027 ($ million)
- Exhibit 61: Data Table on Medium power (100-300 W) - Market size and forecast 2022-2027 ($ million)
- Exhibit 62: Chart on Medium power (100-300 W) - Year-over-year growth 2022-2027 (%)
- Exhibit 63: Data Table on Medium power (100-300 W) - Year-over-year growth 2022-2027 (%)
- 7.5 High power (>300 W) - Market size and forecast 2022-2027
- Exhibit 64: Chart on High power (>300 W) - Market size and forecast 2022-2027 ($ million)
- Exhibit 65: Data Table on High power (>300 W) - Market size and forecast 2022-2027 ($ million)
- Exhibit 66: Chart on High power (>300 W) - Year-over-year growth 2022-2027 (%)
- Exhibit 67: Data Table on High power (>300 W) - Year-over-year growth 2022-2027 (%)
- 7.6 Market opportunity by Power Rating
- Exhibit 68: Market opportunity by Power Rating ($ million)
- Exhibit 69: Data Table on Market opportunity by Power Rating ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 71: Chart on Market share by geography 2022-2027 (%)
- Exhibit 72: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 73: Chart on Geographic comparison
- Exhibit 74: Data Table on Geographic comparison
- 9.3 Europe - Market size and forecast 2022-2027
- Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.4 North America - Market size and forecast 2022-2027
- Exhibit 79: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.5 APAC - Market size and forecast 2022-2027
- Exhibit 83: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 84: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 85: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.6 South America - Market size and forecast 2022-2027
- Exhibit 87: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 Canada - Market size and forecast 2022-2027
- Exhibit 99: Chart on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 100: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 101: Chart on Canada - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on Canada - Year-over-year growth 2022-2027 (%)
- 9.10 The Netherlands - Market size and forecast 2022-2027
- Exhibit 103: Chart on The Netherlands - Market size and forecast 2022-2027 ($ million)
- Exhibit 104: Data Table on The Netherlands - Market size and forecast 2022-2027 ($ million)
- Exhibit 105: Chart on The Netherlands - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on The Netherlands - Year-over-year growth 2022-2027 (%)
- 9.11 China - Market size and forecast 2022-2027
- Exhibit 107: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 108: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 109: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 110: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.12 UK - Market size and forecast 2022-2027
- Exhibit 111: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 112: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 113: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 114: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 115: Market opportunity by geography ($ million)
- Exhibit 116: Data Tables on Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 117: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 119: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 120: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 121: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 122: Matrix on vendor position and classification
- 12.3 Advanced Grow Lights American Co.
- Exhibit 123: Advanced Grow Lights American Co. - Overview
- Exhibit 124: Advanced Grow Lights American Co. - Product / Service
- Exhibit 125: Advanced Grow Lights American Co. - Key offerings
- 12.4 Black Dog Grow Technologies Inc.
- Exhibit 126: Black Dog Grow Technologies Inc. - Overview
- Exhibit 127: Black Dog Grow Technologies Inc. - Product / Service
- Exhibit 128: Black Dog Grow Technologies Inc. - Key offerings
- 12.5 Bridgelux Inc.
- Exhibit 129: Bridgelux Inc. - Overview
- Exhibit 130: Bridgelux Inc. - Product / Service
- Exhibit 131: Bridgelux Inc. - Key news
- Exhibit 132: Bridgelux Inc. - Key offerings
- 12.6 Controlled Environments Ltd.
- Exhibit 133: Controlled Environments Ltd. - Overview
- Exhibit 134: Controlled Environments Ltd. - Product / Service
- Exhibit 135: Controlled Environments Ltd. - Key offerings
- 12.7 Dool Industries
- Exhibit 136: Dool Industries - Overview
- Exhibit 137: Dool Industries - Product / Service
- Exhibit 138: Dool Industries - Key offerings
- 12.8 General Electric Co.
- Exhibit 139: General Electric Co. - Overview
- Exhibit 140: General Electric Co. - Business segments
- Exhibit 141: General Electric Co. - Key news
- Exhibit 142: General Electric Co. - Key offerings
- Exhibit 143: General Electric Co. - Segment focus
- 12.9 GrowRay Lighting Technologies
- Exhibit 144: GrowRay Lighting Technologies - Overview
- Exhibit 145: GrowRay Lighting Technologies - Product / Service
- Exhibit 146: GrowRay Lighting Technologies - Key offerings
- 12.10 Heliospectra AB
- Exhibit 147: Heliospectra AB - Overview
- Exhibit 148: Heliospectra AB - Product / Service
- Exhibit 149: Heliospectra AB - Key offerings
- 12.11 Kessil
- Exhibit 150: Kessil - Overview
- Exhibit 151: Kessil - Product / Service
- Exhibit 152: Kessil - Key offerings
- 12.12 Kind LED Grow Lights
- Exhibit 153: Kind LED Grow Lights - Overview
- Exhibit 154: Kind LED Grow Lights - Product / Service
- Exhibit 155: Kind LED Grow Lights - Key offerings
- 12.13 OSRAM Licht AG
- Exhibit 156: OSRAM Licht AG - Overview
- Exhibit 157: OSRAM Licht AG - Business segments
- Exhibit 158: OSRAM Licht AG - Key offerings
- Exhibit 159: OSRAM Licht AG - Segment focus
- 12.14 SANlight GmbH
- Exhibit 160: SANlight GmbH - Overview
- Exhibit 161: SANlight GmbH - Product / Service
- Exhibit 162: SANlight GmbH - Key offerings
- 12.15 Senmatic AS
- Exhibit 163: Senmatic AS - Overview
- Exhibit 164: Senmatic AS - Product / Service
- Exhibit 165: Senmatic AS - Key offerings
- 12.16 Signify NV
- Exhibit 166: Signify NV - Overview
- Exhibit 167: Signify NV - Business segments
- Exhibit 168: Signify NV - Key news
- Exhibit 169: Signify NV - Key offerings
- Exhibit 170: Signify NV - Segment focus
- 12.17 SMART Global Holdings Inc.
- Exhibit 171: SMART Global Holdings Inc. - Overview
- Exhibit 172: SMART Global Holdings Inc. - Business segments
- Exhibit 173: SMART Global Holdings Inc. - Key offerings
- Exhibit 174: SMART Global Holdings Inc. - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 175: Inclusions checklist
- Exhibit 176: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 177: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 178: Research methodology
- Exhibit 179: Validation techniques employed for market sizing
- Exhibit 180: Information sources
- 13.5 List of abbreviations
- Exhibit 181: List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
PURCHASE FULL REPORT OF
light-emitting diode (led) grow lights market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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