Plant Farming Lights Market Share and Size 2023 Global Growth and Forecast 2028
Newest Research on “Plant Farming Lights Market” – Forecast by Top Regions 2023-2028
Plant light is an artificial light source, generally an electric light, designed to stimulate plant growth by emitting a light appropriate for photosynthesis. Grow lights are used in applications where there is either no naturally occurring light, or where supplemental light is required. For example, in the winter months when the available hours of daylight may be insufficient for the desired plant growth, lights are used to extend the time the plants receive light. If plants do not receive enough light, they will grow long and spindly.
Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Plant Farming Lights estimated at USD million in the year 2022, is projected to reach a revised size of USD million by 2028, growing at a CAGR of Percent during the forecast period 2022-2028.
The USA market for Plant Farming Lights is estimated to increase from USD million in 2022 to reach USD million by 2028, at a CAGR of Percent during the forecast period of 2023 through 2028.
The China market for Plant Farming Lights is estimated to increase from USD million in 2022 to reach USD million by 2028, at a CAGR of Percent during the forecast period of 2023 through 2028.
The Europe market for Plant Farming Lights is estimated to increase from USD million in 2022 to reach USD million by 2028, at a CAGR of Percent during the forecast period of 2023 through 2028.
The global key manufacturers of Plant Farming Lights include Philips, OSRAM, Illumitex, GE, Valoya, Everlight Electronics, Epistar, LumiGrow and LEDHYDROPONICS, etc. In 2021, the global top five players had a share approximately Percent in terms of revenue.
In terms of production side, this report researches the Plant Farming Lights production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Plant Farming Lights by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Major Product Types of Plant Farming Lights covered are:
Major Applications of Plant Farming Lights covered are:
key players operating in the Plant Farming Lights market
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