Europe Greenhouse Grow Light Market was worth USD 1.5 billion in 2021 and estimated to be growing at a CAGR of 12.10%, to reach USD 2.66 billion by 2026. Grow lights, particularly LEDs are used in a huge range of farming-related applications, owing to the advantages they offer such as high low power consumption, reliability, and spectral intensity.
A greenhouse is a house made of glass. It has glass walls and a glass roof. People grow tomatoes and flowers and other plants in them. A greenhouse stays warm inside, even during winter. Sunlight shines in and warms the plants and air inside.
Europe Greenhouse Grow Light market Drivers:
The Europe Greenhouse Grow Light market is driven by the rise in adoption of greenhouses, owing to rapid innovation in technology and rising disposable incomes of people willing to invest in farming. Technological innovations have further helped in lowering the costs of necessary Grow Light which aids in increasing the feasibility of owning a greenhouse. The adoption of greenhouse adoption technologies and encouragement from governments also act as drivers of market growth.
Europe Greenhouse Grow Light Market – By Spectrum:
partial spectrum
Europe Greenhouse Grow Light Market – By Installation:
Europe Greenhouse Grow Light Market – By Technology:
Europe Greenhouse Grow Light Market – By Application:
Geographical Analysis:
The Europe market has been geographically segmented into Germany, U.K, France, Spain, and Italy. As of 2016, Europe holds the largest share in the global market share analysis, owing to the head start that greenhouse culture has in Europe, as it all started here because of favourable climate conditions. The rapid growth in technological innovations is set to further boost the market growth in Europe.
Key Players:
The major players operating in the Europe Greenhouse Grow Light industry include Royal Philips, General Electric Company, Osram Licht AG, Gavita Holland B.V, Lumigrow Inc., Heliospectra Ab., Iwasaki Electric Co., Ltd., Illumitex Inc., Hortilux Schreder B.V., and Sunlight Supply Inc.
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 Spectrum
5.1.1 Introduction
5.1.2 Partial Spectrum
5.1.3 Full Spectrum
5.1.4 Y-o-Y Growth Analysis, By Spectrum
5.1.5 Market Attractiveness Analysis, By Spectrum
5.1.6 Market Share Analysis, By Spectrum
5.2 Installation
5.2.1 Introduction
5.2.2 New Installation
5.2.3 Retrofit
5.2.4 Y-o-Y Growth Analysis, By Installation
5.2.5 Market Attractiveness Analysis, By Installation
5.2.6 Market Share Analysis, By Installation
5.3 Application
5.3.1 Introduction
5.3.2 Indoor Farming
5.3.3 Vertical Farming
5.3.4 Greenhouse
5.3.5 TURF and Landscaping
5.3.6 Other Applications
5.3.7 Y-o-Y Growth Analysis, By Application
5.3.8 Market Attractiveness Analysis, By Application
5.3.9 Market Share Analysis, By Application
5.4 Technology
5.4.1 Introduction
5.4.2 High-Intensity Discharge
5.4.2.1 High Pressure Sodium Lamp
5.4.2.2 Metal Halide Lamp
5.4.3 Fluorescent Lighting
5.4.3.1 T5
5.4.3.2 CFL
5.4.4 LED
5.4.5 Other Technologies
5.4.6 Y-o-Y Growth Analysis, By Technology
5.4.7 Market Attractiveness Analysis, By Technology
5.4.8 Market Share Analysis, By Technology
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 Spectrum
6.1.3.3 By Installation
6.1.3.4 By Application
6.1.3.5 By Technology
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Spectrum
6.1.4.3 By Installation
6.1.4.4 By Application
6.1.4.5 By Technology
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Spectrum
6.1.5.3 By Installation
6.1.5.4 By Application
6.1.5.5 By Technology
6.2 U.K
6.3 Spain
6.4 Germany
6.5 Italy
6.6 France
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 Royal Philips
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 General Electric Company
8.3 Osram Licht AG
8.4 Gavita Holland B.V
8.5 Lumigrow Inc
8.6 Heliospectra Ab
8.7 Iwasaki Electric Co
8.8 Illumitex Inc
8.9 Hortilux Schreder B.V
8.10 Sunlight Supply &
