What is Plant Growing Lamps Market?
Growing light are artificial lights which helps in growing indoor plants. Growing lights come in verity of colours. Grow lights produce more power than their regular counterparts. The intensity of the lights helps increase the rate of photosynthesis, as it ensures that the plants have sufficient energy to grow. His heat can have adverse effects on plants.
Highlights from Plant Growing Lamps Market Study
Attributes | Details |
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Study Period | 2017-2026 |
Base Year | 2020 |
Unit | Value (USD Million) |
Key Companies Profiled | Philips (Netherlands), Crecer Lighting (United States), Mars Hydro (China), Darkless (China), Vivosun (United States), LumiGrow (United States), Yaham Lighting (China), Valoya (Germany), Heliospectra (Sweden) and Oreon (Netherland) |
The key manufacturers are targeting the innovations of the products with better quality, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market Research Analyst at AMA predicts that China Players will contribute to the maximum growth of Global Plant Growing Lamps market throughout the forecasted period.
Philips (Netherlands), Crecer Lighting (United States), Mars Hydro (China), Darkless (China), Vivosun (United States), LumiGrow (United States), Yaham Lighting (China), Valoya (Germany), Heliospectra (Sweden) and Oreon (Netherland) are some of the key players profiled in the study. Plant Growing Lamps Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Commercial Greenhouses, Indoor Grow Facilities and Research Applications |
Type | Fluorescent Lights (CFL), High pressure sodium (HPS), Light emitting diodes (LED) and Others |
Category | Wired,Wireless |
Light | UV Light (10nm -400nm),Blue Light (400nm- 525nm),Visible Par Light (400nm-700nm),Red Light (600nm-700nm),Far-Red Light (700nm-750nm) |
Distribution Channels | Online {Company Website, E-Commerce Sites},Offline {Retail Stores, Malls} |
On the basis of geography, the market of Plant Growing Lamps has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Innovation In Lighting Of Plant Growing Lamps and Launching of Budget-Friendly Plant Growing Lamps by Key Manufacturers
Market Growth Drivers:
Rising Incidences Of Indoor Planting Growing the Market and Increase in Global Plant Growing Lamps Production Due to Increasing Number of Nature Lovers
Challenges:
Challenges Regarding Creativity and Innovation in the Plant Growing Lamps Industry
Restraints:
Presence Of Alternative Product At Low Price In Market and lack Durability of Plant Growing Lamps Can Hamper the Growth
Opportunities:
Increasing Sales Of Plant Growing Lamp Online Platform and Growing New of Investor for Plant Growing Lamps
Key Target Audience
Plant Growing Lamps Manufacturers, Suppliers and Distributors of Plant Growing Lamps, Regulatory Bodies, New Entrants, Government Regulatory and Research Organizations, New Entrants and Others
Market Leaders & Development Strategies
On 10th Sep 2020, Oreon, a Netherlands-based horticulture LED grow light supplier, recently announced its partnerships with two Russian companies and a Danish cannabis grower. They are going to implement LED grow lights supplied by Oreon to enhance the cultivation.
On 17th Sep 2020, Valoya Launches Two New Greenhouse LED Grow Lights. Valoya, the research driven manufacturer of horticultural LED grow lights has expanded its RX-Series line of greenhouse LEDs with two new models–RX500 and RX600. The new models are higher power, higher efficiency versions of the existing RX400 model and can be used as true 1-to-1 HPS replacements. They have been designed to be robust and compact, producing minimal shading over the canopy.