Globally, the demand for grow light has increased tremendously especially in the areas that do not have enough access to sunlight. Grow light is a substitute of sunlight because it creates a light spectrum that is similar to sunlight and helps the plants during the process of photosynthesis. On a simpler note, any source of light that helps the plants to grow by emitting an electromagnetic radiation is known as grow light. Geographically, several regions do not have enough access to sunlight that can support the growth of plants, which has led to a decline in flora in these regions. Therefore, in these areas grow light plays a significant role and support the growth of various species of plants. Moreover, it has been analyzed that in coming years, the global market for grow light is expected to grow at a high rate due to its growing use in different areas and fields.
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The global grow light market is categorized on the basis of technology, application, and geography. Based on technology, the market is segmented into LED, high intensity discharge (HID), fluorescent, and others. Out of these, LED segment is projected to lead the market due to its vast advantages of the LED lights. Moreover, the LED lights are energy efficient and provide accurate light for the growth of the plants. As compared to other light technologies, LED light has a longer life that has further boosted its demand at the global level.
Technological advancements in grow lights are considered as one of the major driving factors. Growing significance of grow lights in several applications such as in the greenhouse, indoor farming, turf, and vertical farming has also benefited the grow light market. Rising government initiatives to make people aware of the benefits of using LED lights and running schemes on it will boost the demand for grow lights.
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Grow light is also making a remarkable change in the agriculture sector. These lights help in cultivating plants in an enclosed environment or in places where there the light is insufficient. Farmers are largely benefitted as they can cultivate healthy plants irrespective of the weather conditions or the season. As the trend for indoor gardening is increasing, grow lights will be very effective for the growth of plants grow indoors.
Horticulture, food production, plant propagation, and hydroponics are some of the main areas where grow light is used on regular basis. Furthermore, the growing popularity of vertical farming and farming within cities have grown demand for grow lights at a tremendous rate. The use of these lights will further rise the production of crops regardless of the availability of fertile land or clim
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