Market Research Logo

Grow Lights Market by Technology (HID, FL, LED, Others (Induction, Plasma)), Type Of Installation (New, Retrofit), Application (Indoor Farming, Commercial Greenhouse, Vertical Farming, Turf & Landscaping, Others), and Geography - Global Forecast to 2022

Grow Lights Market by Technology (HID, FL, LED, Others (Induction, Plasma)), Type Of Installation (New, Retrofit), Application (Indoor Farming, Commercial Greenhouse, Vertical Farming, Turf & Landscaping, Others), and Geography - Global Forecast to 2022

The grow lights market is expected to be valued at USD 4.19 billion by 2022, at a CAGR of 9.63% between 2016 and 2022. A key influencing factor for the growth of the market is the emergence of vertical farming to meet the growing demands for fresh horticultural produce in urban areas across the world. Besides, the legalization of growing marijuana for medical and recreational purposes in North America is another factor that is encouraging the demand for grow lights in this market.

“LED set to be the dominating technology in grow lights market”
LED grow lights are expected to be the most preferred grow lights technology between 2016 and 2022. The growth is attributed to the improved energy efficiency offered by LED technology, long operational life, and the ability to vary the light spectrum depending on the type of plant being grown and its current growth stage.

“Vertical farming application expected to grow rapidly in the near future”
The grow lights market is expected to grow at the highest CAGR in the vertical farming application during the forecast period. The growth of vertical farms because of increased demand for horticultural produce would drive the grow lights market

“Europe to be the largest market for grow lights”
The European region is estimated to be the largest market for grow lights during the forecast period. The need to provide supplemental lighting to plants in commercial greenhouses set to drive the grow lights market in this region.

Break-up of profiles of primary participants for the report is given below:
By Company Type: Tier 1 – 7%, Tier 2 – 23%, and Tier 3 – 70%
By Designation: C-level –46%, Director level – 24%, VP level – 30%
By Region: North America - 51%, Europe – 32%, APAC – 12%, RoW – 5%

The key players in the market include Royal Philips Electronics N.V. (Netherlands), General Electric Company (U.S.), Osram Licht AG (Germany), Gavita Holland B.V. (Netherlands), LumiGrow, Inc. (U.S.), Heliospectra AB (Sweden), Iwasaki Electric Co. Ltd. (Japan), Illumitex, Inc. (U.S.), Hortilux Schreder B.V. (Netherlands), iGrow Induction Lighting LLC. (U.S.), and Sunlight Supply, Inc. (U.S.) among others.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • INTRODUCTION
    • GROW LIGHTS MARKET, BY APPLICATION
    • GROW LIGHTS MARKET IN APAC, 2015
    • MARKET SHARE OF LEADING COUNTRIES IN GROW LIGHTS, 2015
    • GROW LIGHTS MARKET BY TECHNOLOGY, 2016 VS. 2022
  • MARKET OVERVIEW
    • INTRODUCTION
    • EVOLUTION OF GROW LIGHT TECHNOLOGIES
    • MARKET SEGMENTATION
      • GROW LIGHTS MARKET, BY TECHNOLOGY
      • GROW LIGHTS MARKET, BY TYPE OF INSTALLATION
      • GROW LIGHTS MARKET, BY APPLICATION
    • MARKET DYNAMICS
      • DRIVERS
        • Table GROW LIGHTS MARKET DRIVERS: IMPACT ANALYSIS
      • RESTRAINTS
        • Table GROW LIGHTS MARKET RESTRAINTS: IMPACT ANALYSIS
      • OPPORTUNITIES
        • Table GROW LIGHTS MARKET OPPORTUNITIES: IMPACT ANALYSIS
      • CHALLENGES
        • Table GROW LIGHTS MARKET CHALLENGES: IMPACT ANALYSIS
    • COMMONLY USED ACCESSORIES IN GROW LIGHTS
      • BULBS & FIXTURES
      • METAL REFLECTORS & REFLECTIVE FILMS
      • BALLASTS
    • CROPS CURRENTLY GROWN USING GROW LIGHTS
      • TOMATOES
      • LETTUCE, BASIL, AND MINT
      • STRAWBERRIES
      • CANNABIS
      • AFRICAN VIOLETS
  • INDUSTRY TRENDS
    • VALUE CHAIN ANALYSIS
      • HID AND FL GROW LIGHTS
      • LED GROW LIGHTS
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • INTENSITY OF RIVALRY
  • GROW LIGHTS MARKET, BY TECHNOLOGY
    • INTRODUCTION
      • Table GROW LIGHTS MARKET SIZE, BY TECHNOLOGY, 2013-2022 (USD MILLION)
    • HIGH-INTENSITY DISCHARGE
      • Table MARKET FOR HID OF GROW LIGHTS, BY TYPE, 2013-2022 (USD MILLION)
      • Table MARKET FOR HID OF GROW LIGHTS, BY TYPE OF INSTALLATION, 2013-2022 (USD MILLION)
      • Table MARKET FOR HID OF GROW LIGHTS, BY APPLICATION, 2013-2022 (USD MILLION)
      • Table MARKET FOR HID OF GROW LIGHTS, BY REGION, 2013-2022 (USD MILLION)
      • HIGH-PRESSURE SODIUM LAMP
        • Table MARKET FOR HPS OF GROW LIGHTS, BY TYPE OF INSTALLATION, 2013-2022 (USD MILLION)
        • Table MARKET FOR HPS OF GROW LIGHTS, BY APPLICATION, 2013-2022 (USD MILLION)
        • Table MARKET FOR HPS OF GROW LIGHTS, BY REGION, 2013-2022 (USD MILLION)
      • METAL-HALIDE LAMP
        • Table MARKET FOR MH LAMPS OF GROW LIGHTS MARKET SIZE, BY TYPE OF INSTALLATION, 2013-2022 (USD MILLION)
        • Table MARKET FOR MH LAMPS OF GROW LIGHTS, BY APPLICATION, 2013-2022 (USD MILLION)
        • Table MARKET FOR MH LAMPS OF GROW LIGHTS, BY REGION, 2013-2022 (USD MILLION)
    • FLUORESCENT LIGHTING
      • Table MARKET FOR FL OF GROW LIGHTS, BY TYPE, 2013-2022 (USD MILLION)
      • Table MARKET FOR FL OF GROW LIGHTS, BY TYPE OF INSTALLATION, 2013-2022 (USD MILLION)
      • Table MARKET FOR FL OF GROW LIGHTS, BY APPLICATION, 2013-2022 (USD MILLION)
      • Table MARKET FOR FL OF GROW LIGHTS, BY REGION, 2013-2022 (USD MILLION)
      • T5
        • Table MARKET FOR T5 OF GROW LIGHTS, BY TYPE OF INSTALLATION, 2013-2022 (USD MILLION)
        • Table MARKET FOR T5 OF GROW LIGHTS, BY APPLICATION, 2013-2022 (USD MILLION)
        • Table MARKET FOR T5 OF GROW LIGHTS, BY REGION, 2013-2022 (USD MILLION)
      • CFL
        • Table MARKET FOR CFL OF GROW LIGHTS, BY TYPE OF INSTALLATION, 2013-2022 (USD MILLION)
        • Table MARKET FOR CFL OF GROW LIGHTS, BY APPLICATION, 2013-2022 (USD MILLION)
        • Table MARKET FOR CFL OF GROW LIGHTS, BY REGION, 2013-2022 (USD MILLION)
    • LIGHT-EMITTING DIODE
      • Table MARKET FOR LED OF GROW LIGHTS, BY TYPE OF INSTALLATION, 2013-2022 (USD MILLION)
      • Table MARKET FOR LED OF GROW LIGHTS, BY APPLICATION, 2013-2022 (USD MILLION)
      • Table MARKET FOR LED OF GROW LIGHTS, BY REGION, 2013-2022 (USD MILLION)
    • OTHER TECHNOLOGIES
      • Table MARKET FOR OTHERS OF GROW LIGHTS, BY TYPE, 2013-2022 (USD MILLION)
      • Table MARKET FOR OTHERS OF GROW LIGHTS, BY TYPE OF INSTALLATION, 2013-2022 (USD MILLION)
      • Table MARKET FOR OTHERS OF GROW LIGHTS, BY APPLICATION, 2013-2022 (USD MILLION)
      • Table MARKET FOR OTHERS OF GROW LIGHTS, BY REGION, 2013-2022 (USD MILLION)
      • INDUCTION LIGHTING
        • Table MARKET FOR INDUCTION OF GROW LIGHTS, BY TYPE OF INSTALLATION, 2013-2022 (USD MILLION)
        • Table MARKET FOR INDUCTION OF GROW LIGHTS, BY APPLICATION, 2013-2022 (USD MILLION)
        • Table MARKET FOR INDUCTION OF GROW LIGHTS, BY REGION, 2013-2022 (USD MILLION)
      • PLASMA LIGHTING
        • Table MARKET FOR PLASMA OF GROW LIGHTS, BY TYPE OF INSTALLATION, 2013-2022 (USD MILLION)
        • Table MARKET FOR PLASMA OF GROW LIGHTS, BY APPLICATION, 2013-2022 (USD MILLION)
        • Table MARKET FOR PLASMA OF GROW LIGHTS, BY REGION, 2013-2022 (USD MILLION)
  • GROW LIGHTS MARKET, BY TYPE OF INSTALLATION
    • INTRODUCTION
      • Table GROW LIGHTS MARKET SIZE, BY TYPE OF INSTALLATION, 2013-2022 (USD MILLION)
    • NEW INSTALLATION
      • Table MARKET FOR NEW INSTALLATION OF GROW LIGHTS, BY TECHNOLOGY, 2013-2022 (USD MILLION)
    • RETROFIT
      • Table MARKET FOR RETROFIT OF GROW LIGHTS, BY TECHNOLOGY, 2013-2022 (USD MILLION)
  • GROW LIGHTS MARKET, BY APPLICATION
    • INTRODUCTION
      • Table GROW LIGHTS MARKET SIZE, BY APPLICATION, 2013-2022 (USD MILLION)
    • INDOOR FARMING
      • Table MARKET FOR INDOOR FARMING OF GROW LIGHTS, BY TECHNOLOGY, 2013-2022 (USD MILLION)
      • Table MARKET FOR INDOOR FARMING OF GROW LIGHTS, BY REGION, 2013-2022 (USD MILLION)
    • VERTICAL FARMING
      • Table MARKET FOR VERTICAL FARMING OF GROW LIGHTS, BY TECHNOLOGY, 2013-2022 (USD MILLION)
      • Table MARKET FOR VERTICAL FARMING OF GROW LIGHTS, BY REGION, 2013-2022 (USD MILLION)
    • COMMERCIAL GREENHOUSE
      • Table MARKET FOR COMMERCIAL GREENHOUSE OF GROW LIGHTS, BY TECHNOLOGY, 2013-2022 (USD MILLION)
      • Table MARKET FOR COMMERCIAL GREENHOUSE OF GROW LIGHTS, BY REGION, 2013-2022 (USD MILLION)
    • TURF & LANDSCAPING
      • Table MARKET FOR TURF & LANDSCAPING OF GROW LIGHTS, BY TECHNOLOGY, 2013-2022 (USD MILLION)
      • Table MARKET FOR TURF & LANDSCAPING OF GROW LIGHTS, BY REGION, 2013-2022 (USD MILLION)
    • OTHER APPLICATIONS
      • Table MARKET FOR OTHER APPLICATIONS OF GROW LIGHTS, BY TECHNOLOGY, 2013-2022 (USD MILLION)
      • Table MARKET FOR OTHER APPLICATIONS OF GROW LIGHTS, BY REGION, 2013-2022 (USD MILLION)
  • GROW LIGHTS MARKET, BY GEOGRAPHY
    • INTRODUCTION
      • Table GROW LIGHTS MARKET SIZE, BY REGION, 2013-2022 (USD MILLION)
    • NORTH AMERICA
      • Table GROW LIGHTS MARKET SIZE IN NORTH AMERICA, BY TECHNOLOGY, 2013-2022 (USD MILLION)
      • Table GROW LIGHTS MARKET SIZE IN NORTH AMERICA, BY APPLICATION, 2013-2022 (USD MILLION)
      • Table GROW LIGHTS MARKET SIZE IN NORTH AMERICA, BY COUNTRY, 2013-2022 (USD MILLION)
      • U.S.
      • CANADA
      • MEXICO
    • EUROPE
      • Table GROW LIGHTS MARKET SIZE IN EUROPE, BY TECHNOLOGY, 2013-2022 (USD MILLION)
      • Table GROW LIGHTS MARKET SIZE IN EUROPE, BY APPLICATION, 2013-2022 (USD MILLION)
      • Table GROW LIGHTS MARKET SIZE IN EUROPE, BY GEOGRAPHY, 2013-2022 (USD MILLION)
      • U.K.
      • GERMANY
      • NETHERLANDS
      • SCANDINAVIA
      • REST OF EUROPE
    • ASIA-PACIFIC
      • Table GROW LIGHTS MARKET SIZE IN APAC, BY TECHNOLOGY, 2013-2022 (USD MILLION)
      • Table GROW LIGHTS MARKET SIZE IN APAC, BY APPLICATION, 2013-2022 (USD MILLION)
      • Table GROW LIGHTS MARKET SIZE IN APAC, BY GEOGRAPHY, 2013-2022 (USD MILLION)
      • CHINA
      • JAPAN
      • AUSTRALIA-NEW ZEALAND
      • REST OF APAC
    • REST OF THE WORLD
      • Table GROW LIGHTS MARKET SIZE IN ROW, BY TECHNOLOGY, 2013-2022 (USD MILLION)
      • Table GROW LIGHTS MARKET SIZE IN ROW, BY APPLICATION, 2013-2022 (USD MILLION)
      • Table GROW LIGHTS MARKET SIZE IN ROW BY REGION, 2013-2022 (USD MILLION)
      • SOUTH AMERICA
      • MIDDLE EAST
      • AFRICA
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING ANALYSIS
      • Table MARKET RANKING, 2015
    • COMPETITIVE SITUATION AND TRENDS
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES, 2013-2015
      • CONTRACTS, PARTNERSHIPS, AND PROJECTS
        • Table CONTRACTS, PARTNERSHIPS, PARTNERSHIPS, 2013-2015
      • EXPANSIONS
        • Table EXPANSIONS , 2013-2015
  • COMPANY PROFILES
    • INTRODUCTION
    • ROYAL PHILIPS ELECTRONICS N.V.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • GENERAL ELECTRIC COMPANY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • OSRAM LICHT AG
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • GAVITA HOLLAND B.V.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • LUMIGROW, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • HELIOSPECTRA AB
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • IWASAKI ELECTRIC CO., LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • ILLUMITEX, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • HORTILUX SCHRÉDER B.V.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • IGROW INDUCTION LIGHTING LLC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • SUNLIGHT SUPPLY INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTSS
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report