Market Overview:
The Europe grow light market size reached US$
1,151 Million in 2021. Looking forward, IMARC Group expects the market to reach US$
2,173 Million by 2027, exhibiting a growth rate (CAGR) of
11.5% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different
end use sectors. These insights are included in the report as a major market contributor.
Grow lights are artificial lights that emit electromagnetic spectrum to promote photosynthesis. Grow lights are commercially available in fluorescent, high-intensity discharge (HID), high-pressure sodium (HPS), light-emitting diodes (LED) and incandescent variants. They aim to mimic outdoor settings by controlling different light elements, such as color, intensity, and temperature. This creates an ideal environment for plants to grow, thereby resulting in an improved crop yield. Consequently, grow lights are extensively utilized in home gardening, horticulture, commercial indoor gardening, food production, and plant propagation applications.
Europe grow light market is majorly being driven by the escalating demand for plant-based food products, these lights are being extensively utilized to facilitate agricultural produce. The enhanced focus on sustainable development is acting as another major growth-inducing factor. Moreover, there has been a significant shift toward vertical and indoor farming, which, in turn, is catalyzing the utilization of grow lights across various settings. The large-scale integration of grow lights with the Internet of Things (IoT) is further creating a positive outlook for the market in the region.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe grow light market report, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on technology, installation type, spectrum and application.
Breakup by Technology:
- HID
- LED
- Fluorescent
- Others
Breakup by Installation Type:
- New Installations
- Retrofit Installations
Breakup by Spectrum:
- Full-Spectrum
- Partial Spectrum
Breakup by Application:
- Indoor Farming
- Vertical Farming
- Commercial Greenhouse
- Turf and Landscaping
- Others
Breakup by Country:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Million |
| Segment Coverage |
Technology, Installation Type, Spectrum, Application, Country |
| Countries Covered |
Germany, France, United Kingdom, Italy, Spain, Others |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the Europe grow light market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Europe grow light market?
- What are the key regional markets?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the installation type?
- What is the breakup of the market based on the spectrum?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Europe grow light market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Europe Grow Light Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Technology
6.1 HID
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 LED
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Fluorescent
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Installation Type
7.1 New Installations
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Retrofit Installations
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Spectrum
8.1 Full-Spectrum
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Partial Spectrum
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Application
9.1 Indoor Farming
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Vertical Farming
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Commercial Greenhouse
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Turf and Landscaping
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Others
9.5.1 Market Trends
9.5.2 Market Forecast
10 Market Breakup by Country
10.1 Germany
10.1.1 Market Trends
10.1.2 Market Breakup by Technology
10.1.3 Market Breakup by Installation Type
10.1.4 Market Breakup by Spectrum
10.1.5 Market Breakup by Application
10.1.6 Market Forecast
10.2 France
10.2.1 Market Trends
10.2.2 Market Breakup by Technology
10.2.3 Market Breakup by Installation Type
10.2.4 Market Breakup by Spectrum
10.2.5 Market Breakup by Application
10.2.6 Market Forecast
10.3 United Kingdom
10.3.1 Market Trends
10.3.2 Market Breakup by Technology
10.3.3 Market Breakup by Installation Type
10.3.4 Market Breakup by Spectrum
10.3.5 Market Breakup by Application
10.3.6 Market Forecast
10.4 Italy
10.4.1 Market Trends
10.4.2 Market Breakup by Technology
10.4.3 Market Breakup by Installation Type
10.4.4 Market Breakup by Spectrum
10.4.5 Market Breakup by Application
10.4.6 Market Forecast
10.5 Spain
10.5.1 Market Trends
10.5.2 Market Breakup by Technology
10.5.3 Market Breakup by Installation Type
10.5.4 Market Breakup by Spectrum
10.5.5 Market Breakup by Application
10.5.6 Market Forecast
10.6 Others
10.6.1 Market Trends
10.6.2 Market Breakup by Technology
10.6.3 Market Breakup by Installation Type
10.6.4 Market Breakup by Spectrum
10.6.5 Market Breakup by Application
10.6.6 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Policy and Regulatory Landscape
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
List of Figures
Figure 1: Europe: Grow Light Market: Major Drivers and Challenges
Figure 2: Europe: Grow Light Market: Sales Value (in Million US$), 2016-2021
Figure 3: Europe: Grow Light Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Europe: Grow Light Market: Breakup by Technology (in %), 2021
Figure 5: Europe: Grow Light Market: Breakup by Installation Type (in %), 2021
Figure 6: Europe: Grow Light Market: Breakup by Spectrum (in %), 2021
Figure 7: Europe: Grow Light Market: Breakup by Application (in %), 2021
Figure 8: Europe: Grow Light Market: Breakup by Country (in %), 2021
Figure 9: Europe: Grow Light (HID) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Europe: Grow Light (HID) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Europe: Grow Light (LED) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Europe: Grow Light (LED) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Europe: Grow Light (Fluorescent) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Europe: Grow Light (Fluorescent) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Europe: Grow Light (Other Technologies) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Europe: Grow Light (Other Technologies) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Europe: Grow Light (New Installations) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Europe: Grow Light (New Installations) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Europe: Grow Light (Retrofit Installations) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Europe: Grow Light (Retrofit Installations) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Europe: Grow Light (Full-Spectrum) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Europe: Grow Light (Full-Spectrum) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Europe: Grow Light (Partial Spectrum) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Europe: Grow Light (Partial Spectrum) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Europe: Grow Light (Indoor Farming) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Europe: Grow Light (Indoor Farming) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Europe: Grow Light (Vertical Farming) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Europe: Grow Light (Vertical Farming) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Europe: Grow Light (Commercial Greenhouse) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Europe: Grow Light (Commercial Greenhouse) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Europe: Grow Light (Turf and Landscaping) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Europe: Grow Light (Turf and Landscaping) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Europe: Grow Light (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Europe: Grow Light (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Germany: Grow Light Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Germany: Grow Light Market: Breakup by Technology (in %), 2021
Figure 37: Germany: Grow Light Market: Breakup by Installation Type (in %), 2021
Figure 38: Germany: Grow Light Market: Breakup by Spectrum (in %), 2021
Figure 39: Germany: Grow Light Market: Breakup by Application (in %), 2021
Figure 40: Germany: Grow Light Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: France: Grow Light Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: France: Grow Light Market: Breakup by Technology (in %), 2021
Figure 43: France: Grow Light Market: Breakup by Installation Type (in %), 2021
Figure 44: France: Grow Light Market: Breakup by Spectrum (in %), 2021
Figure 45: France: Grow Light Market: Breakup by Application (in %), 2021
Figure 46: France: Grow Light Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: United Kingdom: Grow Light Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: United Kingdom: Grow Light Market: Breakup by Technology (in %), 2021
Figure 49: United Kingdom: Grow Light Market: Breakup by Installation Type (in %), 2021
Figure 50: United Kingdom: Grow Light Market: Breakup by Spectrum (in %), 2021
Figure 51: United Kingdom: Grow Light Market: Breakup by Application (in %), 2021
Figure 52: United Kingdom: Grow Light Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Italy: Grow Light Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Italy: Grow Light Market: Breakup by Technology (in %), 2021
Figure 55: Italy: Grow Light Market: Breakup by Installation Type (in %), 2021
Figure 56: Italy: Grow Light Market: Breakup by Spectrum (in %), 2021
Figure 57: Italy: Grow Light Market: Breakup by Application (in %), 2021
Figure 58: Italy: Grow Light Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Spain: Grow Light Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Spain: Grow Light Market: Breakup by Technology (in %), 2021
Figure 61: Spain: Grow Light Market: Breakup by Installation Type (in %), 2021
Figure 62: Spain: Grow Light Market: Breakup by Spectrum (in %), 2021
Figure 63: Spain: Grow Light Market: Breakup by Application (in %), 2021
Figure 64: Spain: Grow Light Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Others: Grow Light Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Others: Grow Light Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Europe: Grow Light Industry: SWOT Analysis
Figure 68: Europe: Grow Light Industry: Value Chain Analysis
Figure 69: Europe: Grow Light Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Europe: Grow Light Market: Key Industry Highlights, 2021 and 2027
Table 2: Europe: Grow Light Market Forecast: Breakup by Technology (in Million US$), 2022-2027
Table 3: Europe: Grow Light Market Forecast: Breakup by Installation Type (in Million US$), 2022-2027
Table 4: Europe: Grow Light Market Forecast: Breakup by Spectrum (in Million US$), 2022-2027
Table 5: Europe: Grow Light Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 6: Europe: Grow Light Market Forecast: Breakup by Country (in Million US$), 2022-2027
Table 7: Europe: Grow Light Market: Competitive Structure
Table 8: Europe: Grow Light Market: Key Players