Grow Lights Market: 12.60% CAGR to 2021, Drivers and Challenges

Press Release   •   Aug 16, 2017 01:20 EDT

The following companies as the key players in the global grow lights market: Philips Lighting Holding, GENERAL ELECTRIC, OSRAM Licht, Gavita International, and LumiGrow. Other Prominent Vendors in the market are: Heliospectra, SolarMAX, PARsource, Transcend Lighting, EYE HORTILUX, Twilight Group, Lemnis Oreon, and Kessil.

This report covers the present scenario and the growth prospects of the Global Grow Lights Market for 2017-2021. To calculate the market size, the report considers the value sales of grow lights.

The market is divided into the following segments based on geography:




The analysts forecast Global Grow Lights Market to grow at a CAGR of 12.60% during the period 2017-2021.

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This report, Global LED Agricultural Grow Lights Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

About Grow Lights

Lights that are used in a wide range of farming-related applications are called grow lights. This is because they help with the artificial growth of plants. Some of the advantages of using grow lights include high reliability, spectral intensity, and low power consumption. With rapid rise in vertical farming and greenhouse practices around the globe, the use of different grow lights is also simultaneously increasing. This is contributing to the overall growth of the market. The crops considered for the scope of the report include fruits, vegetables, flowers, and ornamental plants.

The report also includes a discussion of the key vendors operating in this market.

Key vendors

Philips Lighting Holding



Gavita International


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Other prominent vendors




Transcend Lighting


Twilight Group

Lemnis Oreon


Market driver

Rise in indoor farming practices

For a full, detailed list, view our report

Market challenge

Drawbacks associated with grow lights

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Market trend

Advent of urban farming

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Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

Table of Contents

  • PART 01: Executive summary
  • PART 02: Scope of the report
  • PART 03: Research Methodology
  • PART 04: Introduction
  • PART 05: Market landscape
  • PART 06: Market segmentation by end-usage
  • PART 07: Market segmentation by product
  • PART 08: Geographical segmentation
  • PART 09: Key leading countries
  • PART 10: Decision framework
  • PART 11: Drivers and challenges
  • PART 12: Market trends
  • PART 13: Vendor landscape
  • PART 14: Key vendor analysis
  • PART 15: Appendix

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