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Europe Grow Light Market Trends, Segmentation, Key Players, Application and Forecast to 2021-26

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Rajshpreeti Yadav
Europe Grow Light Market Trends, Segmentation, Key Players, Application and Forecast to 2021-26

According to IMARC Group’s latest report, titled “Europe Grow Light Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the Europe Grow Light Market reached a value of US$ 16.7 Billion in 2020.Grow lights are artificial sources of light that promote photosynthesis and stimulate plant growth. They are commonly available in light-emitting diodes (LED), fluorescent, high-pressure sodium (HPS) and high-intensity discharge (HID) variants. They are widely used for plant propagation, providing optimal light and temperature to the plants and controlling various elements, such as intensity and color. Grow lights provide faster harvest cycles, enhanced proximity, minimal heat emissions and an accurate spectrum of light. They are extensively utilized for the cultivation of aquatic plants, horticulture, food production and home gardening.

Request for a PDF sample of this report: https://www.imarcgroup.com/europe-grow-light-market/requestsample

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

The Europe grow light market is primarily being driven by the widespread adoption of indoor farming practices. Grow lights assist in protecting the plants and maintaining an adequate amount of light. Moreover, various technological advancements, such as the integration of the Internet of Things (IoT) with grow lights, are providing a thrust to the market growth. These innovations offer increased remote access capabilities, seamless communication and convenient accessibility. Other factors, including the rising demand for plant-based food products and the  enhanced focus of the consumers on sustainable development, are anticipated to drive the market toward growth across the region. Looking forward, IMARC Group expects the Europe Grow Light Market to exhibit strong growth during (2021-2026).

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Breakup by Technology:

  • HID
  • LED
  • Fluorescent
  • Others

Breakup by Installation Type:

  • New Installations
  • Retrofit Installations

Breakup by Spectrum:

  • Full-Spectrum
  • Partial Spectrum

Breakup by Application:

  • Indoor Farming
  • Vertical Farming
  • Commercial Greenhouse
  • Turf and Landscaping
  • Others

Breakup by Country:

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Others

Ask Analyst for Customization and Explore full report with TOC & List of Figureshttps://www.imarcgroup.com/europe-grow-light-market

We are updating our reports, If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

Key highlights of the report:                                                    

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Market Trends
  • Market Drivers and Success Factors
  • The Impact of COVID-19 on the Global Market
  • Value Chain Analysis
  • Structure of the Global Market
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Related Reports by IMARC Group:

Heavy-Duty Automotive Aftermarket Market: https://www.imarcgroup.com/heavy-duty-automotive-aftermarket-market

North America Healthcare Packaging Market: https://www.imarcgroup.com/north-america-healthcare-packaging-market

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, and nanotechnology industries. We also provide cost model and manufacturing setup project reports through Syndicated Analytics, a subsidiary of IMARC Group.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact US:

IMARC Group

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Sheridan, WY 82801 USA - Wyoming

Email: [email protected]

Tel No:(D) +91 120 433 0800

Americas: - +1 631 791 1145 | Africa and Europe: - +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

 

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