GCC Grow Light Market Report 2021: Size, Share, Trends, Analysis and Forecast 2026
According to the latest report by IMARC Group, titled “GCC Grow Light Market Size: Industry Trends, Share, Growth, Opportunity and Forecast
2021-2026,” the gcc grow light market is expected to exhibit robust growth during 2021-2026.
Grow light refers to the artificial lights that facilitate the process
of photosynthesis among plants to help them grow. It involves the
electromagnetic spectrum that is utilized in light-emitting diodes (LED),
fluorescent lights, and high-intensity discharge (HID) and incandescent
lighting systems. This technology is widely employed as a crucial component in
indoor and vertical farming, commercial greenhouse, and indoor gardening.
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 behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
GCC Grow Light Market Trends:
The market in the GCC region is primarily driven by continual
technological advancements in the agriculture sector. Moreover, the widespread
integration of chip-on-board technology with grow lights, which enables the
emission of higher intensity and uniform light, is providing an impetus to the
market growth. Along with this, the rising preference for indoor cultivation
due to the extreme climatic conditions prevailing across the region is also
creating a positive outlook for the market. Other factors, including the
increasing demand for organic produce and extensive research and development
(R&D) activities conducted by key players in agricultural science, are
contributing to the market growth further.
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GCC Grow Light Market 2021-2026 Analysis and Segmentation:
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:
- Saudi
Arabia
- UAE
- Qatar
- Oman
- Kuwait
- Bahrain
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List of Figure: https://www.imarcgroup.com/gcc-grow-light-market
Key highlights of the report:
- Market
Performance (2015-2020)
- Market
Outlook (2021-2026)
- Porter’s
Five Forces Analysis
- Market
Drivers and Success Factors
- SWOT
Analysis
- Value
Chain
- Comprehensive
Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope
of the report, we can provide it to you as a part of the customization.
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 of receiving full payment.
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