Global Grow Lamps Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Grow Lamps Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Grow Lamps market size was valued at USD 1342.1 million in 2023 and is forecast to a readjusted size of USD 1873.4 million by 2030 with a CAGR of 4.9% during review period.

Indoor Farming and Controlled Environment Agriculture: The growing trend of indoor farming and controlled environment agriculture (CEA), including vertical farming, hydroponics, and greenhouse cultivation, is a significant driver. Grow lamps enable year-round crop production and can optimize growth conditions.

Crop Yields and Quality: Grow lamps enhance crop yields, accelerate growth, and improve the quality of produce. This is critical for commercial growers aiming to maximize their agricultural output.

Energy Efficiency: The development of energy-efficient grow lamps, including LED (Light Emitting Diode) technology, has become a major driver. LED grow lights consume less energy compared to traditional lighting sources, reducing operational costs.

The Global Info Research report includes an overview of the development of the Grow Lamps industry chain, the market status of Commercial Greenhouses (Low Power (Below 300W), High Power (Above 300W)), Indoor Grow Facilities (Low Power (Below 300W), High Power (Above 300W)), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Grow Lamps.

Regionally, the report analyzes the Grow Lamps markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Grow Lamps market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Grow Lamps market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Grow Lamps industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Low Power (Below 300W), High Power (Above 300W)).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Grow Lamps market.

Regional Analysis: The report involves examining the Grow Lamps market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Grow Lamps market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Grow Lamps:

Company Analysis: Report covers individual Grow Lamps manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Grow Lamps This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Commercial Greenhouses, Indoor Grow Facilities).

Technology Analysis: Report covers specific technologies relevant to Grow Lamps. It assesses the current state, advancements, and potential future developments in Grow Lamps areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Grow Lamps market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Grow Lamps market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Low Power (Below 300W)
High Power (Above 300W)

Market segment by Application
Commercial Greenhouses
Indoor Grow Facilities
Research Applications

Major players covered
GE
Philips
Hydrofarm
Kind
Lithonia
Aerogarden
Feit Electric
Satco
Sunlight Supply
Sylvania

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Grow Lamps product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Grow Lamps, with price, sales, revenue and global market share of Grow Lamps from 2019 to 2024.

Chapter 3, the Grow Lamps competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Grow Lamps breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Grow Lamps market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Grow Lamps.

Chapter 14 and 15, to describe Grow Lamps sales channel, distributors, customers, research findings and conclusion.