Chicago, IL -- (SBWIRE) -- 07/07/2017 -- Grow Lights also known as Plant Light is an artificial light source used to stimulate plant growth by choosing appropriate light spectrum for photosynthesis. They are used in where natural light is limited or in a prerequisite controlled environment. A various type of bulb types is used as grow lights such as incandescent, high-intensity discharge lamps, fluorescent light and LED light. LED Grow Lights have applications in Commercial Greenhouse, Turf & landscaping, Indoor Farming, and Vertical Farming etc. Recent trend shows growth in LED Grow lights and is rapidly replacing other bulb type due to their high efficiency and economy.

The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the Led Grow Lights Market. The scope of this report covers the Led Grow Lights Market by its major segments, which include the types, applications, and the major geographic regions.

Download Free Sample: www.scalarmarketresearch.com/request-sample.php?id=832

KEY PREMIUM INDUSTRY INSIGHTS

The key reasons driving the growth of the LED Grow Lights market includes increasing government imitative to promote LED technology, high demand for long-lasting, energy efficient technology and new trends such as indoor farming and vertical gardening is boosting the demand for LED Grow Lights.

Retrofitting is one of the key growth opportunity drivers for this market.

However, factors like high cost may hamper the growth of the LED Grow Lights market.

KEY MARKET PLAYERS

Key players in the led grow lights market include:

1. Koninklijke Philips N.V.,
2. General Electric
3. Osram Light AG
4. Everlight Electronics Co., Ltd.
5. Bridgelux, Inc.
6. Cree, Inc.
7. LumiGrow
8. Heliospectra AB
9. Illumitex
10. Alta LED

Browse Report: https://www.scalarmarketresearch.com/market-reports/led-grow-lights-market

About Scalar Market Research
Scalar Market Research Inc. aspires to assist organizations from around the world to achieve their business goal with premium market research reports and consulting services. Our real-time industry tracking with the help of advanced analytics offers a crystal clear view of all the activities in niche markets. Our team, with thorough global understanding, works relentlessly to gather the necessary market insights, including customer analysis, competitions and global forecast.

Find out more about our services at: www.scalarmarketresearch.com

Contact:
8770 W Bryn Mawr Ave.,
Suite 1300
Chicago, IL 60631
Tel.: +1-800-213-5170 (U.S./Canada Toll-free)
Email: sales@scalarmarketresearch.com
Follow us on LinkedIn: www.linkedin.com/company/scalar-market-research