The Europe grow light market size reached US$ 1,294 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 2,394 Million by 2028, exhibiting a growth rate (CAGR) of 11.1% during 2023-2028.
Europe Grow Light Market Size in 2022
US$ 1,294 Million
Europe Grow Light Market Forecast in 2028
US$ 2,394 Million
Europe Grow Light Market Growth Rate 2023-2028
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 2023-2028. Our report has categorized the market based on technology, installation type, spectrum and application.
Breakup by Technology:
Breakup by Installation Type:
Breakup by Spectrum:
Breakup by Application:
Turf and Landscaping
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Base Year of the Analysis
Technology, Installation Type, Spectrum, Application, Country
Germany, France, United Kingdom, Italy, Spain, Others
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
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
The Europe grow light market was valued at US$ 1,294 Million in 2022.
We expect the global geospatial analytics market to exhibit a CAGR of 11.1% during 2023-2028.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several European nations resulting in the temporary closure of numerous end-use industries for the grow lights.
The rising focus on sustainable development, along with the growing adoption of grow lights in vertical gardening, horticulture, commercial indoor gardening, etc., is primarily driving the Europe grow light market.
Based on the technology, the Europe grow light market has been segmented into HID, LED, Fluorescent, and others. Among these, LED currently exhibits a clear dominance in the market.
Based on the installation type, the Europe grow light market can be divided into new installations and retrofit installations. Currently, new installations account for the majority of the total market share.
Based on spectrum, the Europe grow light market has been categorized into full-spectrum and partial spectrum, where full-spectrum currently holds the largest market share.
Based on the application, the Europe grow light market can be bifurcated into indoor farming, vertical farming, commercial greenhouse, turf and landscaping, and others. Currently, commercial greenhouse exhibits a clear dominance in the market.
On a regional level, the market has been classified into Germany, France, United Kingdom, Italy, Spain, and others, where Germany currently dominates the Europe grow light market.
Need more help?
Speak to our experienced analysts for insights on the current market scenarios.
Include additional segments and countries to customize the report as per your requirement.
Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
For further assistance, please connect with our analysts.
Gain a deeper dive into a specific application, geography, customer, or competitor
Any level of personalization
Get in Touch With Us
IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.
The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required
We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra
The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.
I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.
We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.