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Asia Pacific Grow Light Market By Basis Of Technology Used (HID Lights, Fluorescent Lights, LEDs, LEPs, Induction Lights), Type Of Installation (new Installation, Retrofit Installation), Applications (indoor Farming, Vertical Farming, Commercial Greenhouses, Rooftop Farming, And Others) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2022 to 2027.

Published: January, 2022
ID: 3312
Pages: 135

Asia Pacific Grow Light Market Size, Growth, Trends and Forecast:

The Asia Pacific Grow Light Market is worth USD 310 Million in 2021 and estimated to grow at a CAGR of 7.92%, to reach USD 450 Million by 2026. The Asia Pacific Grow Light market is developing at an exceptionally quick pace. For plant growth stimulation growth light or artificial lights are used. Generally these lights are used where there is no sufficient amount of light present.

 The amount of light that plants get is amplified by this artificial source of light. Grow Light either imitate the emission spectrum similar to that of sun or according to the requirements of the plant. They are used for various purposes like food production, indoor gardening, horticulture, and plant propagation. Although grow lights are mostly used on industrial scale, they can used for household purposes also.

Asia Pacific Grow Light Market Drivers:

The driving factors for industrial plants and grow lights show growing interest for the capacity to develop locally and reliably, scarcity of space for cultivating particularly in urban communities, and the need to build the yield per unit range without hurting nature. The opportunities in this market are fluctuating and can run from innovative technologies in grow lights, consolidated utilization of normal lighting with simulated lighting, building up a sun adapted power based plant manufacturing plant to building numerous level plant production lines which would additionally diminish space necessity. Governments are similarly reassuring plant industrial facilities and grow lights for improving the generation.

Asia Pacific Grow Light Market Segmentation:

Asia Pacific Grow Light Market – By Technology:

  • HID lights

  • fluorescent lights
  • LEDs
  • LEPs
  • induction lights

Traditional lighting technologies like HID and fluorescent lighting (FL) are quite popular. LED grow light is a new technology in horticultural lighting and is proving to be far more effective than other lighting technologies. Although LED grow lights are costly, their long-term advantages in terms of energy efficiency make them an ideal option.

Asia Pacific Grow Light Market – By Type of Installation:

  • new installation
  • retrofit installation

Asia Pacific Grow Light Market – By Applications:

  • indoor farming
  • vertical farming
  • commercial greenhouses
  • rooftop farming
  • others

Geographical Analysis:

Asia Pacific is geographically segmented into China, India, Japan, South Korea, Taiwan, Australia and South East Asia. China and India are likely to increase the market because of huge population.

Key Players:

Royal Philips Electronics, OSRAM Licht AG, PAR source Lighting Solutions, Bridgelux, General Electric Company, Alta LED Corporation, Solarmax,Heliospectra,LumiFlow are the leaders in the Asia Pacific Grow Light market.

 

1.Introduction                                                                  

                1.1 Market Definition                                                    

                1.2 Study Deliverables                                                  

                1.3 Base Currency, Base Year and Forecast Periods                                                          

                1.4 General Study Assumptions                                                

2. Research Methodology                                                                           

                2.1 Introduction                                                               

                2.2 Research Phases                                                      

                                2.2.1 Secondary Research                                           

                                2.2.2 Primary Research                                 

                                2.2.3 Econometric Modelling                                      

                                2.2.4 Expert Validation                                  

                2.3 Analysis Design                                                         

                2.4 Study Timeline                                                          

3. Overview                                                                       

                3.1 Executive Summary                                                

                3.2 Key Inferences                                                         

                3.3 Epidemology                                                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                                    

                4.1 Market Drivers                                                          

                4.2 Market Restraints                                                    

                4.3 Key Challenges                                                         

                4.4 Current Opportunities in the Market                                                              

5. Market Segmentation                                                                              

                5.1 Technology                                                 

                                5.1.1 HID lights                                 

                                                5.1.1.1 High-Pressure Sodium Lamp                        

                                                5.1.1.2 Metal–Halide Lamp                         

                                5.1.2 fluorescent lights                                 

                                                5.1.2.1.T5                            

                                                5.1.2.2 CFL                          

                                                                5.1.2.2.1 Color Type       

                                                                                5.1.2.2.1 White

                                                                                5.1.2.2.1 Neutral White

                                5.1.3 LEDs                                           

                                                5.1.3.1 LED Based on Crop Type                

                                                                5.1.3.1.1 Vegetative       

                                                                5.1.3.1.2 Food and Flower           

                                5.1.4 LEPs                                           

                                5.1.5 Induction Lights                                    

                                5.1.6 Y-o-Y Growth Analysis, By Technology                                        

                                5.1.7 Market Attractiveness Analysis, By Technology                                      

                                5.1.8 Market Share Analysis, By Technology                                        

                5.2 Installation                                                  

                                5.2.1 New                                           

                                5.2.2 Retrofit Biomarkers                                             

                                5.2.3 Y-o-Y Growth Analysis, By Installation                                         

                                5.2.4 Market Attractiveness Analysis, By Installation                                       

                                5.2.5 Market Share Analysis, By Installation                                         

                5.3 Application                                                 

                                5.3.1 Indoor Farming                                     

                                5.3.2 Vertical farming                                    

                                5.3.3 Rooftop farming                                   

                                5.3.4 Commercial Greenhouses                                

                                5.3.5 Y-o-Y Growth Analysis, By Application                                         

                                5.3.6 Market Attractiveness Analysis, By Application                                       

                                5.3.7 Market Share Analysis, By Application                                        

6. Geographical Analysis                                                                              

                6.1 Introduction                                                               

                                6.1.1 Regional Trends                                    

                                6.1.2 Impact Analysis                                     

                                6.1.3 Y-o-Y Growth Analysis                                        

                                                6.1.3.1 By Geographical Area                     

                                                6.1.3.2 By Technology                   

                                                6.1.3.3 By Installation                    

                                                6.1.3.4 By Application                    

                                6.1.4  Market Attractiveness Analysis                                     

                                                6.1.4.1 By Geographical Area                     

                                                6.1.4.2 By Technology                   

                                                6.1.4.3 By Installation                    

                                                6.1.4.4 By Application                    

                                6.1.5  Market Share Analysis                                      

                                                6.1.5.1 By Geographical Area                     

                                                6.1.5.2 By Technology                   

                                                6.1.5.3 By Installation                    

                                                6.1.5.4 By Application                    

                6.2 China                                                             

                6.3 India                                                              

                6.4 Japan                                                            

                6.5 South Korea                                                               

                6.6 Australia                                                      

7.Strategic Analysis                                                                        

                7.1 PESTLE analysis                                                         

                                7.1.1 Political                                     

                                7.1.2 Economic                                 

                                7.1.3 Social                                         

                                7.1.4 Technological                                         

                                7.1.5 Legal                                          

                                7.1.6 Environmental                                       

                7.2 Porter’s Five analysis                                                              

                                7.2.1 Bargaining Power of Suppliers                                        

                                7.2.2 Bargaining Power of Consumers                                    

                                7.2.3 Threat of New Entrants                                     

                                7.2.4 Threat of Substitute Products and Services                                              

                                7.2.5 Competitive Rivalry within the Industry                                     

8.Market Leaders' Analysis                                                                         

                8.1 LumiFlow                                                     

                                8.1.1 Overview                                 

                                8.1.2 Technology Analysis                                            

                                8.1.3 Financial analysis                                  

                                8.1.4 Recent Developments                                       

                                8.1.5 SWOT analysis                                       

                                8.1.6 Analyst View                                          

                8.2 Royal Philips Electronics                                                        

                8.3 OSRAM Licht AG,                                                     

                8.4 PAR source Lighting Solutions                                                             

                8.5 Bridgelux                                                     

                8.6 General Electric Company                                                    

                8.7 Alta LED Corporation                                                              

                8.8 Solarmax                                                     

                8.9 Heliospectra                                                               

9.Competitive Landscape                                                                            

                9.1 Market share analysis                                                            

                9.2 Merger and Acquisition Analysis                                                       

                9.3 Agreements, collaborations and Joint Ventures                                                         

                9.4 New Product Launches                                                         

10.Market Outlook and Investment Opportunities                                                                          

Appendix                                                                           

                a) List of Tables                                                

                b) List of Figures                                                              

  1. Asia-Pacific Grow Light Market By Technology, From 2022 - 2027 ( USD Million )
  2. Asia-Pacific HID lights, Market By Region, From 2022 - 2027 ( USD Million )
  3. Asia-Pacific  fluorescent lights Market By Region, From 2022 - 2027 ( USD Million )
  4. Asia-Pacific LEDs Market By Region, From 2022 - 2027 ( USD Million )
  5. Asia-Pacific LEPs Market By Region, From 2022 - 2027 ( USD Million )
  6. Asia-Pacific INDUCTIONLIGHTS  Market By Region, From 2022 - 2027 ( USD Million )
  7. Asia-Pacific Grow Light Market By Installation, From 2022 - 2027 ( USD Million )
  8. Asia-Pacific New Market By Region, From 2022 - 2027 ( USD Million )
  9. Asia-Pacific Retrofit Market By Region, From 2022 - 2027 ( USD Million )
  10. Asia-Pacific Grow Light Market By Applications, From 2022 - 2027 ( USD Million )
  11. Asia-Pacific Indoor farming Market By Region, From 2022 - 2027 ( USD Million )
  12. Asia-Pacific Vertical farming Market By Region, From 2022 - 2027 ( USD Million )
  13. Asia-Pacific Rooftop farming Market By Region, From 2022 - 2027 ( USD Million )
  14. Asia-Pacific Commercial Greenhouse Market By Region, From 2022 - 2027 ( USD Million )
  15. Japan Grow Light Market By Technology, From 2022 - 2027 ( USD Million )
  16. Japan Grow Light Market By Installation, From 2022 - 2027 ( USD Million )
  17. Japan Grow Light Market By Applications, From 2022 - 2027 ( USD Million )
  18. China Grow Light Market By Technology, From 2022 - 2027 ( USD Million )
  19. China Grow Light Market By Installation, From 2022 - 2027 ( USD Million )
  20. China Grow Light Market By Applications, From 2022 - 2027 ( USD Million )
  21. India Grow Light Market By Technology, From 2022 - 2027 ( USD Million )
  22. India Grow Light Market By Installation, From 2022 - 2027 ( USD Million )
  23. India Grow Light Market By Applications, From 2022 - 2027 ( USD Million )
  24. Australia Grow Light Market By Technology, From 2022 - 2027 ( USD Million )
  25. Australia Grow Light Market By Installation, From 2022 - 2027 ( USD Million )
  26. Australia Grow Light Market By Applications, From 2022 - 2027 ( USD Million )
  27. South Korea Grow Light Market By Technology, From 2022 - 2027 ( USD Million )
  28. South Korea Grow Light Market By Installation, From 2022 - 2027 ( USD Million )
  29. South Korea Grow Light Market By Applications, From 2022 - 2027 ( USD Million )

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