+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Europe Grow Lights Market Size, Share & Industry Trends Analysis Report By Spectrum, By Technology, By Application, By Installation Type (New Installation and Retrofit), By Offering, By Country and Growth Forecast, 2022 - 2028

  • PDF Icon

    Report

  • 92 Pages
  • July 2022
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5645705
The Europe Grow Lights Market is expected to witness market growth of 24.4% CAGR during the forecast period (2022-2028).

The plant's potential must be maximized by the light's spectrum. Growth rate, stretching, and photoperiodism effects also happen in particular light wavelengths and wavelength ratios. Current techniques of illumination, whether using metal halide, high-pressure sodium, or fluorescent light, have impeded plant development and reactions for a long time.

The grow lights can be recycled entirely, which makes them a more sustainable option than HID lights. HID lights contain a sizable amount of mercury, most of which is burned and is extremely harmful to the environment. The grow lights are free of these harmful components, which protects the plants from harm. By using grow lights to power the plants, one can create a highly controlled plant environment that significantly lowers the need for pesticides and chemical treatments.

Some of the plants might not be able to handle the strong UV, IR, direct sunshine, heat, and other lighting elements. A plant's leaves turning brown is a sign that it has been scorched by the strong sun, which can happen to some plants. These plants should also receive more water and energy in order to avoid their demise. However, using grow lights allows the plant owner to control the amount of heat they produce without reducing the wavelengths that plants require.

Europe has one of the strongest economies across the world, together with thriving sectors that result in more capital investment capabilities, which may be credited to the market's growth. For the past few decades, grow light systems have been used in this region to grow plants in commercial greenhouses. Europe's population has been growing quickly in recent years, and nations are importing frozen fruits and vegetables from markets in Africa and Asia. To reduce imports from other nations, along with having sufficient food for the population, the region needs to improve its production quantity.

The Germany market dominated the Europe Grow Lights Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $813.2 million by 2028.The UK market is anticipated to grow at a CAGR of 23.4% during (2022 - 2028). Additionally, The France market is expected to exhibit a CAGR of 25.4% during (2022 - 2028).

Based on Spectrum, the market is segmented into Narrow and broad. Based on Technology, the market is segmented into Light Emitting Diode (LED), High Intensity Discharge (HID), Fluorescent and Others. Based on Application, the market is segmented into Commercial Greenhouse, Turf & Landscaping, Indoor Farming, Vertical Farming and Research & Others. Based on Installation Type, the market is segmented into New Installation and Retrofit. Based on Offering, the market is segmented into Hardware, Software and Services. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Signify N.V., Heliospectra AB, Gavita International B.V., California LightWorks (MWW Inc.), Valoya Oy, Hortilux Schréder (Dool Industries), Biological Innovation and Optimization Systems, LLC, GE Current, a Daintree company, Kroptek Ltd., and SANlight GmbH.

Scope of the Study

Market Segments Covered in the Report:

By Spectrum

  • Narrow
  • Broad

By Technology

  • Light Emitting Diode (LED)
  • High Intensity Discharge (HID)
  • Fluorescent
  • Others

By Application

  • Commercial Greenhouse
  • Turf & Landscaping
  • Indoor Farming
  • Vertical Farming
  • Research & Others

By Installation Type

  • New Installation
  • Retrofit

By Offering

  • Hardware
  • Software
  • Services

By Country

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Key Market Players

List of Companies Profiled in the Report:

  • Signify N.V.
  • Heliospectra AB
  • Gavita International B.V.
  • California LightWorks (MWW Inc.)
  • Valoya Oy
  • Hortilux Schréder (Dool Industries)
  • Biological Innovation and Optimization Systems, LLC
  • GE Current, a Daintree company
  • Kroptek Ltd.
  • SANlight GmbH

Unique Offerings from the Publisher

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Grow Lights Market, by Spectrum
1.4.2 Europe Grow Lights Market, by Technology
1.4.3 Europe Grow Lights Market, by Application
1.4.4 Europe Grow Lights Market, by Installation Type
1.4.5 Europe Grow Lights Market, by Offering
1.4.6 Europe Grow Lights Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Grow Lights Market by Spectrum
3.1 Europe Narrow Market by Country
3.2 Europe Broad Market by Country
Chapter 4. Europe Grow Lights Market by Technology
4.1 Europe Light Emitting Diode (LED) Market by Country
4.2 Europe High Intensity Discharge (HID) Market by Country
4.3 Europe Fluorescent Market by Country
4.4 Europe Others Market by Country
Chapter 5. Europe Grow Lights Market by Application
5.1 Europe Commercial Greenhouse Market by Country
5.2 Europe Turf & Landscaping Market by Country
5.3 Europe Indoor Farming Market by Country
5.4 Europe Vertical Farming Market by Country
5.5 Europe Research & Others Market by Country
Chapter 6. Europe Grow Lights Market by Installation Type
6.1 Europe New Installation Market by Country
6.2 Europe Retrofit Market by Country
Chapter 7. Europe Grow Lights Market by Offering
7.1 Europe Hardware Market by Country
7.2 Europe Software Market by Country
7.3 Europe Services Market by Country
Chapter 8. Europe Grow Lights Market by Country
8.1 Germany Grow Lights Market
8.1.1 Germany Grow Lights Market by Spectrum
8.1.2 Germany Grow Lights Market by Technology
8.1.3 Germany Grow Lights Market by Application
8.1.4 Germany Grow Lights Market by Installation Type
8.1.5 Germany Grow Lights Market by Offering
8.2 UK Grow Lights Market
8.2.1 UK Grow Lights Market by Spectrum
8.2.2 UK Grow Lights Market by Technology
8.2.3 UK Grow Lights Market by Application
8.2.4 UK Grow Lights Market by Installation Type
8.2.5 UK Grow Lights Market by Offering
8.3 France Grow Lights Market
8.3.1 France Grow Lights Market by Spectrum
8.3.2 France Grow Lights Market by Technology
8.3.3 France Grow Lights Market by Application
8.3.4 France Grow Lights Market by Installation Type
8.3.5 France Grow Lights Market by Offering
8.4 Russia Grow Lights Market
8.4.1 Russia Grow Lights Market by Spectrum
8.4.2 Russia Grow Lights Market by Technology
8.4.3 Russia Grow Lights Market by Application
8.4.4 Russia Grow Lights Market by Installation Type
8.4.5 Russia Grow Lights Market by Offering
8.5 Spain Grow Lights Market
8.5.1 Spain Grow Lights Market by Spectrum
8.5.2 Spain Grow Lights Market by Technology
8.5.3 Spain Grow Lights Market by Application
8.5.4 Spain Grow Lights Market by Installation Type
8.5.5 Spain Grow Lights Market by Offering
8.6 Italy Grow Lights Market
8.6.1 Italy Grow Lights Market by Spectrum
8.6.2 Italy Grow Lights Market by Technology
8.6.3 Italy Grow Lights Market by Application
8.6.4 Italy Grow Lights Market by Installation Type
8.6.5 Italy Grow Lights Market by Offering
8.7 Rest of Europe Grow Lights Market
8.7.1 Rest of Europe Grow Lights Market by Spectrum
8.7.2 Rest of Europe Grow Lights Market by Technology
8.7.3 Rest of Europe Grow Lights Market by Application
8.7.4 Rest of Europe Grow Lights Market by Installation Type
8.7.5 Rest of Europe Grow Lights Market by Offering
Chapter 9. Company Profiles
9.1 Signify N.V.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Acquisition and Mergers:
9.2 Heliospectra AB
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Recent strategies and developments:
9.2.3.1 Product Launches and Product Expansions:
9.3 Gavita International B.V.
9.3.1 Company Overview
9.4 California LightWorks (MWW Inc.)
9.4.1 Company Overview
9.5 Valoya Oy
9.5.1 Company Overview
9.5.2 Recent strategies and developments:
9.5.2.1 Product Launches and Product Expansions:
9.6 Hortilux Schréder (Dool Industries)
9.6.1 Company Overview
9.7 Biological Innovation and Optimization Systems, LLC
9.7.1 Company Overview
9.7.2 Recent strategies and developments:
9.7.2.1 Partnerships, Collaborations, and Agreements:
9.7.2.2 Product Launches and Product Expansions:
9.8 GE Current, a Daintree company
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Partnerships, Collaborations, and Agreements:
9.9 Kroptek Ltd.
9.9.1 Company Overview
9.10. SANlight GmbH
9.10.1 Company Overview

Companies Mentioned

  • Signify N.V.
  • Heliospectra AB
  • Gavita International B.V.
  • California LightWorks (MWW Inc.)
  • Valoya Oy
  • Hortilux Schréder (Dool Industries)
  • Biological Innovation and Optimization Systems, LLC
  • GE Current, a Daintree company
  • Kroptek Ltd.
  • SANlight GmbH

Methodology

Loading
LOADING...