Global LED Agricultural Grow Lights Market Analysis - Industry Size, Share, Trends and Forecast, 2018-2025

Published - Sep 2018 | Category - Agriculture | No. of Pages - 101 | Published By - ARC

Introduction

The Global LED Agricultural Grow Lights Market size is expected to grow tremendously, owing to the growing urban cultivation & vertical farming and growing adoption of environment-friendly production of fruits and vegetables. Grow light technology helps in extending the hours of the natural daylight which further increases the health, growth rate and yield of the plants. Artificial lighting, such as high-pressure sodium lighting, LED lighting and plasma lighting can extend the availability of crops (throughout a season). Also, indoor farming can protect crops from extreme weather conditions through the usage of techniques such as the controlled environment agriculture technology, where the facilities use artificial environmental control, control of light, and fertigation. Grow light acts as a substitute for sunlight by creating a light spectrum that is similar to the sun’s light, thus, helping plants during the process of photosynthesis.

Market Drivers

Globally, the two factors majorly driving the growth of the vertical farming industry are the demand for local organic food and the growing urbanization. Therefore, the requirements of the agricultural industry are expected to increase, immensely. Grow lights play a crucial role in indoor farming, especially in the vertical farming methodology, as the lights can be adjusted, ensuring exposure to the maximum area. Creation of a light spectrum is much easier with LEDs because they can closely mimic the light spectrum of the sunrays. Hence, it is safe to estimate that the global market for grow light would reap in commendable demand from the LED segment over the coming years.


 

Quick Buy

Latest Publications