Grow Lights Market Size, Share, By Offering (Hardware, Software, and Services), By Wattage (<300 Watts, and >=300 Watts), By Spectrum (Full Spectrum, and Limited Spectrum), By Installation (New Installations, and Retrofit Installations), By Light Source (High-Intensity Discharge, LEDs, and Fluorescent Lights), By Application (Indoor Farming, Vertical Farming, Greenhouse, House Gardening, and Other), By Distribution Channels (Direct Sale and Indirect Sale), and By Region - Trends, Analysis and Forecast till 2034

Report Code: PMI566824 | Publish Date: October 2024 | No. of Pages: 175

Grow Lights Market Size

Grow Lights Market Size was valued at USD 3.1 Billion in 2024 and is expected to reach USD 21.4 Billion by 2034 growing at a CAGR of 26.6%.

Grow Lights Market is driven by increasing R & D activities for developing hybrid plants as well as crops, and increasing adoption of vertical farming. In addition, increasing need for enhancing agricultural production efficiency, food safety, and quality of fruits and vegetables are another factors propelling growth of the global market.

Grow Lights Market Research

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