Asia Pacific Grow Light Market Inputs and Challenges 2021
The Asia Pacific Grow Light Market is worth USD.25 billion in 2016 and estimated to grow at a CAGR of 7.92%, to reach USD.37 billion by 2021
(EMAILWIRE.COM, January 03, 2018 ) The Asia Pacific Grow Light market is developing at an exceptionally quick pace. For plant growth stimulation growth light or artificial lights are used. Generally these lights are used where there is no sufficient amount of light present.
The amount of light that plants get is amplified by this artificial source of light. Grow Light either imitate the emission spectrum similar to that of sun or according to the requirements of the plant. They are used for various purposes like food production, indoor gardening, horticulture, and plant propagation. Although grow lights are mostly used on industrial scale, they can used for household purposes also.
The driving factors for industrial plants and grow lights show growing interest for the capacity to develop locally and reliably, scarcity of space for cultivating particularly in urban communities, and the need to build the yield per unit range without hurting nature. The opportunities in this market are fluctuating and can run from innovative technologies in grow lights, consolidated utilization of normal lighting with simulated lighting, building up a sun adapted power based plant manufacturing plant to building numerous level plant production lines which would additionally diminish space necessity. Governments are similarly reassuring plant industrial facilities and grow lights for improving the generation.
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The Asia Pacific market for Grow Light is segmented on the basis of technology, type of installation, applications and region. Based on technology, the market is segmented into HID lights, fluorescent lights, LEDs, LEPs, induction lights. Traditional lighting technologies like HID and fluorescent lighting (FL) are quite popular. LED grow light is a new technology in horticultural lighting and is proving to be far more effective than other lighting technologies. Although LED grow lights are costly, their long-term advantages in terms of energy efficiency make them an ideal option. Based on type of installation, the market is segmented into new installation and retrofit installation. Based on applications, the market is segmented into indoor farming, vertical farming, commercial greenhouses, rooftop farming, and others.
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Asia Pacific is geographically segmented into China, India, Japan, South Korea, Taiwan, Australia and South East Asia. China and India are likely to increase the market because of huge population.
Royal Philips Electronics, OSRAM Licht AG, PAR source Lighting Solutions, Bridgelux, General Electric Company, Alta LED Corporation, Solarmax,Heliospectra,LumiFlow are the leaders in the Asia Pacific Grow Light market.
About Market Data Forecast
Market Data Forecast is a well versed market research firm catering solutions in the fields of market research, business intelligence and consulting. With a profound knowledge about the global market activities coupled with a customized approach. We render services in the most gripping markets like healthcare, agriculture and food & Beverages
The amount of light that plants get is amplified by this artificial source of light. Grow Light either imitate the emission spectrum similar to that of sun or according to the requirements of the plant. They are used for various purposes like food production, indoor gardening, horticulture, and plant propagation. Although grow lights are mostly used on industrial scale, they can used for household purposes also.
The driving factors for industrial plants and grow lights show growing interest for the capacity to develop locally and reliably, scarcity of space for cultivating particularly in urban communities, and the need to build the yield per unit range without hurting nature. The opportunities in this market are fluctuating and can run from innovative technologies in grow lights, consolidated utilization of normal lighting with simulated lighting, building up a sun adapted power based plant manufacturing plant to building numerous level plant production lines which would additionally diminish space necessity. Governments are similarly reassuring plant industrial facilities and grow lights for improving the generation.
Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/asia-pacific-grow-light-market-3444/request-sample
The Asia Pacific market for Grow Light is segmented on the basis of technology, type of installation, applications and region. Based on technology, the market is segmented into HID lights, fluorescent lights, LEDs, LEPs, induction lights. Traditional lighting technologies like HID and fluorescent lighting (FL) are quite popular. LED grow light is a new technology in horticultural lighting and is proving to be far more effective than other lighting technologies. Although LED grow lights are costly, their long-term advantages in terms of energy efficiency make them an ideal option. Based on type of installation, the market is segmented into new installation and retrofit installation. Based on applications, the market is segmented into indoor farming, vertical farming, commercial greenhouses, rooftop farming, and others.
Inquire before buying @ http://www.marketdataforecast.com/market-reports/asia-pacific-grow-light-market-3444/inquire
Asia Pacific is geographically segmented into China, India, Japan, South Korea, Taiwan, Australia and South East Asia. China and India are likely to increase the market because of huge population.
Royal Philips Electronics, OSRAM Licht AG, PAR source Lighting Solutions, Bridgelux, General Electric Company, Alta LED Corporation, Solarmax,Heliospectra,LumiFlow are the leaders in the Asia Pacific Grow Light market.
About Market Data Forecast
Market Data Forecast is a well versed market research firm catering solutions in the fields of market research, business intelligence and consulting. With a profound knowledge about the global market activities coupled with a customized approach. We render services in the most gripping markets like healthcare, agriculture and food & Beverages
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results