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Pulished Date August, 2019
ID: 3311
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Europe 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 2018-2023

Pulished: August, 2019
ID: 3311
Pages: 127

The Europe Grow Light Market is worth USD 780 Million in 2018 and estimated to grow at a CAGR of 8.5%, to reach USD 1170 Million by 2023. The Europe Grow Light market is developing at an exceptionally quick pace. Artificial sources of light are used for growth stimulation where there is lack of light source such as during winters when sunlight is not easily available.

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

The driving constituents for plant industrial facilities and grow lights showcase are the expanding 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 power based plant manufacturing plant to building numerous level plant production lines which would furthermore diminish space need. Governments are also reassuring plant industrial facilities and grow lights for improving the generation.

The Europe market for Grow Light is segmented on the basis of technology, type of installation, applications and region. Based on technology, the market is segmented into 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. Based on type of installation, the market is segmented into new installation and retrofit installation. Based on applications, the market is segmented into indoor farming, vertical farming, commercial greenhouses, rooftop farming, and others.

The Europe market has been geographically segmented into Germany, U.K, France, Spain, and Italy. Europe was the leader in grow lights in 2016. Within Europe, the Netherlands is a leading exporter of horticultural produce, grown within its numerous automated commercial greenhouses. The concept of vertical farming is also gaining popularity in Europe. The increasing population in Europe is a major driver for the increasing indoor horticulture in this region.

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 Europe 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 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 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                                                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Europe Grow Light Market By Technology, From 2018-2023 ( USD Million )
  2. Europe HID lights, Market By Region, From 2018-2023 ( USD Million )
  3. Europe  fluorescent lights Market By Region, From 2018-2023 ( USD Million )
  4. Europe LEDs Market By Region, From 2018-2023 ( USD Million )
  5. Europe LEPs Market By Region, From 2018-2023 ( USD Million )
  6. Europe INDUCTIONLIGHTS  Market By Region, From 2018-2023 ( USD Million )
  7. Europe Grow Light Market By Installation, From 2018-2023 ( USD Million )
  8. Europe New Market By Region, From 2018-2023 ( USD Million )
  9. Europe Retrofit Market By Region, From 2018-2023 ( USD Million )
  10. Europe Grow Light Market By Applications, From 2018-2023 ( USD Million )
  11. Europe Indoor farming Market By Region, From 2018-2023 ( USD Million )
  12. Europe Vertical farming Market By Region, From 2018-2023 ( USD Million )
  13. Europe Rooftop farming Market By Region, From 2018-2023 ( USD Million )
  14. Europe Commercial Greenhouse Market By Region, From 2018-2023 ( USD Million )
  15. U.K. Grow Light Market By Technology, From 2018-2023 ( USD Million )
  16. U.K. Grow Light Market By Installation, From 2018-2023 ( USD Million )
  17. U.K. Grow Light Market By Applications, From 2018-2023 ( USD Million )
  18. Germany Grow Light Market By Technology, From 2018-2023 ( USD Million )
  19. Germany Grow Light Market By Installation, From 2018-2023 ( USD Million )
  20. Germany Grow Light Market By Applications, From 2018-2023 ( USD Million )
  21. France Grow Light Market By Technology, From 2018-2023 ( USD Million )
  22. France Grow Light Market By Installation, From 2018-2023 ( USD Million )
  23. France Grow Light Market By Applications, From 2018-2023 ( USD Million )
  24. Italy Grow Light Market By Technology, From 2018-2023 ( USD Million )
  25. Italy Grow Light Market By Installation, From 2018-2023 ( USD Million )
  26. Italy Grow Light Market By Applications, From 2018-2023 ( USD Million )
  27. Spain Grow Light Market By Technology, From 2018-2023 ( USD Million )
  28. Spain Grow Light Market By Installation, From 2018-2023 ( USD Million )
  29. Spain Grow Light Market By Applications, From 2018-2023 ( USD Million )

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