Global Light-Emitting Diode (LED) Grow Lights Market Overview Analysis

1. Global Light-Emitting Diode (LED) Grow Lights Industry Analysis Global Light-Emitting Diode (LED) Grow Lights Market 2027 Outlook Report Light-Emitting Diode (LED) grow lights are an artificial source of light, basically an electric light which is designed to stimulate plant growth by emanating an electromagnetic spectrum applicable for photosynthesis. Areas where naturally occurring light are not required, light emitting diode (LED) grow lights are used there. Light emitting diode (LED) grow lights are applicable in the fields such as vertical farming, commercial greenhouse, and indoor farming where light sources play a major role in plant morphology and respond to the quantity, quality and direction of the light. Based on application, vertical farming segment held significant market share during the forecast period due to light emitting diode (LEDs) become more and more accessible and affordable, the futuristic idea of vertical farming becomes more realistic for all cities over the globe. Request for Customization of “Light-Emitting Diode (LED) Grow Lights - Global Market Outlook (2019-2027)” @ https://www.strategymrc.com/report/light-emitting-diode-led-grow- lights-market/request-customization What our report offers: - Market share assessments for the regional and country-level segments - Strategic recommendations for the new entrants - Covers Market data for the years 2018, 2019, 2020, 2024, and 2027 - Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) - Strategic recommendations in key business segments based on the market estimations - Competitive landscaping mapping the key common trends - Company profiling with detailed strategies, financials, and recent developments - Supply chain trends mapping the latest technological advancements Some of the key players in Light-Emitting Diode (LED) Grow Lights market include Advanced LED Grow Lights, Alta LED Corporation, Bridgelux, Inc, Cirrus Systems, Inc, Cree Inc, Everlight Electronics Co. Ltd, General Electric Co, GNUK Ltd, Heliospectra AB, Illumitex Inc, LumiGrow Inc, OSRAM Licht AG, Royal Philips Electronics N.V, Senmatic AS, Signify NV. About Us: StrategyMRC research reports and publications are routed to help clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects. We track 30+ industries and cover 800 market segments. Call Us: +1-301-202-5929 Email: info@strategymrc.com

2. Global Light-Emitting Diode (LED) Grow Lights Industry Analysis Report Coverage Details 2021 Published Year: USD 546.08 million Estimated Market Size in 2019: 2019 Estimated Period: Compound Annual Growth Rate (CAGR) from 2019 to 2027: 23.2% USD 2,896.41 million Predicted 2027 Value: 2020-2027 Forecast Years: Tables, Graphs & Figures 236 Technology, Device Type, Product, Installation Type, Spectrum, Range, Plant, Application • Need for energy-efficient and long- lasting lighting technology Chapters Covered: Emergence of vertical farms in urban areas • Core Drivers and Opportunities: Retrofitting of conventional lighting technologies With LED grow lights • Purchasing of good quality LED grow lights can be very costly for growers • Restraining Factors & Market Threats: Lack of standardization • View complete “Light-Emitting Diode (LED) Grow Lights - Global Market Outlook (2019-2027)” report @https://www.strategymrc.com/report/light-emitting-diode-led-grow- lights-market Contact Us: Stratistics Market Research Consulting Phone: +1-301-202-5929 Email: info@strategymrc.com Website: https://www.strategymrc.com Visit our Blog: https://strategymrc.blogspot.com Call Us: +1-301-202-5929 Email: info@strategymrc.com