India Grow Light Market Overview: Size, Trends, Analysis, Growth and Forecast 2021-2026
According to the latest report by IMARC Group, titled “India Grow Light Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the india grow light market is expected to exhibit robust growth during 2021-2026.
Grow lights, also known as plant lights, are artificial light sources
that promote photosynthesis and accelerate growth in plants. These lights are
used for growing plants in conditions where natural light is insufficient or
not available. Grow lights also control different elements, such as color,
temperature and intensity of the lights, to mimic outdoor settings for improved
crop yield.
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.
India Grow Light Market Trends:
The India grow light market is primarily driven by its increasing
utilization in the agriculture sector. Grow lights are versatile,
energy-efficient, and cost-effective, which helps in commercial greenhouse
farming. They also aid in maintaining the optimal yield and plant quality to
meet the rising food demand across the country. Besides this, the rising
investments by the Government of India in research and development (R&D)
activities to promote innovations in agricultural science are also escalating
the demand for grow lights. Moreover, the development of smart grow lights
integrated with the Internet of Things (IoT) is another major growth-inducing
factor that is expected to provide a positive outlook to the market in the near
future.
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India 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 Region:
- North
India
- West
and Central India
- South
India
- East
India
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List of Figure: https://www.imarcgroup.com/india-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
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