GROW LIGHTS MARKET ANALYSIS

Grow Lights Market, By Light Source (High-intensity Discharge (HID) Lights, Light Emitting Diodes, Fluorescent Lights, and Other Light Sources), By Installation Type (New Installations, and Retrofit Installations), By Application (Indoor Farming, Vertical Farming, Commercial Greenhouse, and Other Applications), By Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa) Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : Jan 2023
Code : CMI5504
Pages :165
Formats :
Excel and PDF
Industry : Semiconductors

Market News

Global Grow Lights Market: Key Developments

In January 2020, Signify, announced the extension of its LED Toplighting compact range by introducing a high-efficiency version for reducing running costs or for a high output version for various crops. The solution introduced by the company can be connected to GrowWise Control System and also offers 50% lesser energy consumption.

In July 2020, Savant Systems Inc. announced the acquisition of GE lighting for enhancing the product portfolio for the lighting market. The acquisition is likely to provide both the companies with cost-effective and unique solutions for its customers.

In November 2019, Heliospectra AB, entered into an agreement with Bridge Farm Group for its MITRA LED lighting products. Bridge Farm Group deployed high-intensity MITRA LED lighting solution for fresh herb production and their greenhouse cultivation.

In February 2019, Osram Licht AG, announced the development of a research luminaire for catering the increasing demands of researchers at various private institutes and universities, and plant production in vertical farms and greenhouses.