Plant Factory Grow Lights Market Size, Share, Growth Report 2032

Plant Factory Grow Lights Market

Plant Factory Grow Lights Market By Technology (High Intensity Discharge, Fluorescent Lighting, LED And Others) For Vertical Farming, Indoor Farming, Commercial Greenhouse, Turf And Landscaping, Research And Other Applications. Global Industry Perspective, Comprehensive Analysis, And Forecast, 2024 - 2032

Category: Technology & Media Report Format : PDF Pages: 180 Report Code: ZMR-1890 Published Date: Nov-2024 Status : Published
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 6.82 Billion USD 79.92 Billion 27.9% 2023

Table Of Content

  • Chapter No. 1 Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2 Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Application
        • 2.1.1.2. Market Attractiveness Analysis, By Technology
        • 2.1.1.3. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Plant Factory Grow Lights Market, 2016 – 2028 (USD Billion)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3 COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4 Plant Factory Grow Lights Market – Application Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Application, 2020 & 2028
    • 4.2. Vertical Farming
      • 4.2.1. Market Size and Forecast, By Region (USD Billion)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Indoor Farming
      • 4.3.1. Market Size and Forecast, By Region (USD Billion)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.4. Commercial Greenhouse
      • 4.4.1. Market Size and Forecast, By Region (USD Billion)
      • 4.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.5. Others
      • 4.5.1. Market Size and Forecast, By Region (USD Billion)
      • 4.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.5.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5 Plant Factory Grow Lights Market – Technology Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Application, 2020 & 2028
    • 5.2. High Intensity Discharge
      • 5.2.1. Market Size and Forecast, By Region (USD Billion)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Fluorescent Lighting
      • 5.3.1. Market Size and Forecast, By Region (USD Billion)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.4. LED
      • 5.4.1. Market Size and Forecast, By Region (USD Billion)
      • 5.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.5. Others
      • 5.5.1. Market Size and Forecast, By Region (USD Billion)
      • 5.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.5.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 6 Plant Factory Grow Market – Region Segment Analysis
    • 6.1. Overview
      • 6.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 6.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Billion)
    • 6.2. North America
      • 6.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.2.2. North America Market Revenue, By Application, 2016 – 2028
      • 6.2.3. North America Market Revenue, By Technology, 2016 – 2028
      • 6.2.5. U.S.
        • 6.2.5.1. U.S. Market Revenue, By Application, 2016 – 2028
        • 6.2.5.2. U.S. Market Revenue, By Technology, 2016 – 2028
      • 6.2.6. Canada
        • 6.2.6.1. Canada Market Revenue, By Application, 2016 – 2028
        • 6.2.6.2. Canada Market Revenue, By Technology, 2016 – 2028
      • 6.2.7. Mexico
        • 6.2.7.1. Mexico Market Revenue, By Application, 2016 – 2028
        • 6.2.7.2. Mexico Market Revenue, Technology, 2016 – 2028
    • 6.3. Europe
      • 6.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.3.2. Europe Market Revenue, By Application, 2016 – 2028
      • 6.3.3. Europe Market Revenue, Technology, 2016 – 2028
      • 6.3.5. Germany
        • 6.3.5.1. Germany Market Revenue, By Application, 2016 – 2028
        • 6.3.5.2. Germany Market Revenue, Technology, 2016 – 2028
      • 6.3.6. France
        • 6.3.6.1. France Market Revenue, By Application, 2016 – 2028
        • 6.3.6.2. France Market Revenue, Technology, 2016 – 2028
      • 6.3.7. U.K.
        • 6.3.7.1. U.K. Market Revenue, By Application, 2016 – 2028
        • 6.3.7.2. U.K. Market Revenue, Technology, 2016 – 2028
      • 6.3.8. Italy
        • 6.3.8.1. Italy Market Revenue, By Application, 2016 – 2028
        • 6.3.8.2. Italy Market Revenue, Technology, 2016 – 2028
      • 6.3.9. Spain
        • 6.3.9.1. Spain Market Revenue, By Application, 2016 – 2028
        • 6.3.9.2. Spain Market Revenue, By Technology, 2016 – 2028
      • 6.3.10. Rest of Europe
        • 6.3.10.1. Rest of Europe Market Revenue, By Application, 2016 – 2028
        • 6.3.10.2. Rest of Europe Market Revenue, By Technology, 2016 – 2028
    • 6.4. Asia Pacific
      • 6.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.4.2. Asia Pacific Market Revenue, By Application, 2016 – 2028
      • 6.4.3. Asia Pacific Market Revenue, Technology, 2016 – 2028
      • 6.4.5. China
        • 6.4.5.1. China Market Revenue, By Application, 2016 – 2028
        • 6.4.5.2. China Market Revenue, By Technology, 2016 – 2028
      • 6.4.6. Japan
        • 6.4.6.1. Japan Market Revenue, By Application, 2016 – 2028
        • 6.4.6.2. Japan Market Revenue, By Technology, 2016 – 2028
      • 6.4.7. India
        • 6.4.7.1. India Market Revenue, By Application, 2016 – 2028
        • 6.4.7.2. India Market Revenue, By Technology, 2016 – 2028
      • 6.4.8. South Korea
        • 6.4.8.1. South Korea Market Revenue, By Application, 2016 – 2028
        • 6.4.8.2. South Korea Market Revenue, By Technology, 2016 – 2028
      • 6.4.9. South-East Asia
        • 6.4.9.1. South-East Asia Market Revenue, By Application, 2016 – 2028
        • 6.4.9.2. South-East Asia Market Revenue, By Technology, 2016 – 2028
      • 6.4.10. Rest of Asia Pacific
        • 6.4.10.1. Rest of Asia Pacific Market Revenue, By Application, 2016 – 2028
        • 6.4.10.2. Rest of Asia Pacific Market Revenue, By Technology, 2016 – 2028
    • 6.5. Latin America
      • 6.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.5.2. Latin America Market Revenue, By Application, 2016 – 2028
      • 6.5.3. Latin America Market Revenue, By Technology, 2016 – 2028
      • 6.5.5. Brazil
        • 6.5.5.1. Brazil Market Revenue, By Application, 2016 – 2028
        • 6.5.5.2. Brazil Market Revenue, By Technology, 2016 – 2028
      • 6.5.6. Argentina
        • 6.5.6.1. Argentina Market Revenue, By Application, 2016 – 2028
        • 6.5.6.2. Argentina Market Revenue, By Technology, 2016 – 2028
      • 6.5.7. Rest of Latin America
        • 6.5.7.1. Rest of Latin America Market Revenue, By Application, 2016 – 2028
        • 6.5.7.2. Rest of Latin America Market Revenue, By Technology, 2016 – 2028
    • 6.6. The Middle-East and Africa
      • 6.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.6.2. The Middle-East and Africa Market Revenue, By Application, 2016 – 2028
      • 6.6.3. The Middle-East and Africa Market Revenue, By Technology, 2016 – 2028
      • 6.6.5. GCC Countries
        • 6.6.5.1. GCC Countries Market Revenue, By Application, 2016 – 2028
        • 6.6.5.2. GCC Countries Market Revenue, By Technology, 2016 – 2028
      • 6.6.6. South Africa
        • 6.6.6.1. South Africa Market Revenue, By Application, 2016 – 2028
        • 6.6.6.2. South Africa Market Revenue, By Technology, 2016 – 2028
      • 6.6.7. Rest of Middle-East Africa
        • 6.6.7.1. Rest of Middle-East Africa Market Revenue, By Application, 2016 – 2028
        • 6.6.7.2. Rest of Middle-East Africa Market Revenue, By Technology, 2016 – 2028
  • Chapter No. 7: Plant Factory Grow Lights Market – Industry Analysis
    • 7.1. Introduction
    • 7.2. Market Drivers
      • 7.2.1. Driving Factor 1 Analysis
      • 7.2.2. Driving Factor 2 Analysis
    • 7.3. Market Restraints
      • 7.3.1. Restraining Factor Analysis
    • 7.4. Market Opportunities
      • 7.4.1. Market Opportunity Analysis
    • 7.5. Porter’s Five Forces Analysis
    • 7.6. PEST Analysis
    • 7.7. Regulatory Landscape
    • 7.8. Technology Landscape
    • 7.9. Regional Market Trends
      • 7.9.1. North America
      • 7.9.2. Europe
      • 7.9.3. Asia Pacific
      • 7.9.4. Latin America
      • 7.9.5. The Middle-East and Africa
    • 7.10. Pricing Analysis
    • 7.11. Value Chain Analysis
    • 7.12. Downstream Buyers
    • 7.13. Distributors/Traders List
  • Chapter No. 8: Competitive Landscape
    • 8.1. Company Market Share Analysis – 2019
      • 8.1.1. Global Plant Factory Grow Lights Market: Company Market Share, 2019
      • 8.1.2. Global Plant Factory Grow Lights Market, Company Market Revenue, 2016 – 2019 (USD Billion)
      • 8.1.3. Global Plant Factory Grow Lights Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 8.1.4. Global Plant Factory Grow Lights Market: Radar Determinant Chart, 2019
    • 8.2. Strategic Developments
      • 8.2.1. Acquisitions & Mergers
      • 8.2.2. New Product Launch
      • 8.2.3. Regional Expansion
    • 8.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 9: Company Profiles
    • 9.1. APL engineered material
      • 9.1.1. Company Overview
      • 9.1.2. Key Executives
      • 9.1.3. Product Portfolio
      • 9.1.4. Financial Overview
      • 9.1.5. Operating Business Segments
      • 9.1.6. Business Performance
      • 9.1.7. Recent Developments
    • 9.2. Daystar
    • 9.3 Advanced lighting Technulogies
    • 9.4 Siemens Philips horticulture Lamps
    • 9.5 General Electric
    • 9.7 Hydrofarm
    • 9.8 Iwasaki Electric
    • 9.9 Sun System
    • 9.10 Taiwan Floriculture Exports Association.
  • Chapter No. 10: Marketing Strategy Analysis
    • 10.1. Marketing Channel
    • 10.2. Direct Marketing
    • 10.3. Indirect Marketing
    • 10.4. Marketing Channel Development Trends
    • 10.5. Economic/Pulitical Environmental Change
  • Chapter No. 11: Research Methodology
    • 11.1. Research Methodology
    • 11.2. Phase I - Secondary Research
    • 11.3. Phase II - Data Modeling
      • 11.3.1. Company Share Analysis Model
      • 11.3.2. Revenue Based Modeling
    • 11.4. Phase III - Primary Research
    • 11.5. Research Limitations
      • 11.5.1. Assumptions

Table Of Figures

List of Figures 

FIG NO. 1. Market Attractiveness Analysis, By Application
FIG NO. 2. Market Attractiveness Analysis, By Technology
FIG NO. 3. Market Attractiveness Analysis, By Region
FIG NO. 4. Global Plant Factory Grow Lights Market Revenue, 2016 – 2028 (USD Billion)
FIG NO. 5. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 6. Market Revenue Share, By Application, 2020 & 2028 
FIG NO. 7. Global Plant Factory Grow Lights Market for Vertical Farming, Revenue (USD Billion) 2016 – 2028
FIG NO. 8. Comparative Revenue Analysis of Plant Factory Grow Lights Market for Vertical Farming, By Country, 2020 & 2028
FIG NO. 9. Global Plant Factory Grow Lights Market for Indoor Farming, Revenue (USD Billion) 2016 – 2028
FIG NO. 10. Comparative Revenue Analysis of Plant Factory Grow Lights Market for Indoor Farming, By Country, 2020 & 2028
FIG NO. 9. Global Plant Factory Grow Lights Market for Commercial Greenhouse, Revenue (USD Billion) 2016 – 2028
FIG NO. 10. Comparative Revenue Analysis of Plant Factory Grow Lights Market for Commercial Greenhouse, By Country, 2020 & 2028
FIG NO. 11. Global Plant Factory Grow Lights Market for Others, Revenue (USD Billion) 2016 – 2028
FIG NO. 12. Comparative Revenue Analysis of Plant Factory Grow Lights Market for Others, By Country, 2020 & 2028
FIG NO. 13. Market Revenue Share, By Technology, 2020 & 2028
FIG NO. 14. Global Plant Factory Grow Lights Market for High Intensity Discharge, Revenue (USD Billion) 2016 – 2028
FIG NO. 15. Comparative Revenue Analysis of Plant Factory Grow Lights Market for High Intensity Discharge, By Country, 2020 & 2028 
FIG NO. 16. Global Plant Factory Grow Lights Market for Fluorescent Lighting, Revenue (USD Billion) 2016 – 2028
FIG NO. 17. Comparative Revenue Analysis of Plant Factory Grow Lights Market for Fluorescent Lighting, By Country, 2020 & 2028
FIG NO. 18. Global Plant Factory Grow Lights Market for LED, Revenue (USD Billion) 2016 – 2028 
FIG NO. 19. Comparative Revenue Analysis of Plant Factory Grow Lights Market for LED, By Country, 2020 & 2028
FIG NO. 20. Global Plant Factory Grow Lights Market for Others, Revenue (USD Billion) 2016 – 2028
FIG NO. 21. Comparative Revenue Analysis of Plant Factory Grow Lights Market for Others, By Country, 2020 & 2028
FIG NO. 22. Global Plant Factory Grow Lights Market Revenue Share, By Region, 2020 & 2028
FIG NO. 23. North America Plant Factory Grow Lights Market Revenue, 2016 - 2028 (USD Billion)
FIG NO. 24. Porter’s Five Forces Analysis for Global Plant Factory Grow Lights Market
FIG NO. 25. PEST Analysis for Global Plant Factory Grow Lights Market
FIG NO. 26. Pricing Analysis for Global Plant Factory Grow Lights Market
FIG NO. 27. Value Chain Analysis for Global Plant Factory Grow Lights Market
FIG NO. 28. Company Share Analysis, 2019
FIG NO. 29. Radar Determinant Chart, 2019
FIG NO. 30. Company Strategic Developments – Heat Map Analysis
FIG NO. 31. The Sherwin-Williams Company Business Segment Revenue Share, 2020 (%)
FIG NO. 32. The Sherwin-Williams Company Geographical Segment Revenue Share, 2020 (%)
FIG NO. 33. Market Channels
FIG NO. 34. Marketing Channel Development Trend
FIG NO. 35. Growth in World Gross Product, 2008-2018
FIG NO. 36. Research Methodology – Detailed View
FIG NO. 37. Research Methodology
 


Table Of Tables

List of Tables 

TABLE NO. 1. Global Plant Factory Grow Lights Market: Snapshot
TABLE NO. 2. Quarterly Plant Factory Grow Lights Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Plant Factory Grow Lights Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion) 
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion) 
TABLE NO. 6. Global Plant Factory Grow Lights Market for Vertical Farming, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 7. Global Plant Factory Grow Lights Market for Indoor Farming, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 8. Global Plant Factory Grow Lights Market for Commercial Greenhouse, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 9. Global Plant Factory Grow Lights Market for Others, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 10. Global Plant Factory Grow Lights Market for High Intensity Discharge, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 11 Global Plant Factory Grow Lights Market for Fluorescent Lighting, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 12. Global Plant Factory Grow Lights Market for LED, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 13. Global Plant Factory Grow Lights Market for Others, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 14 Global Plant Factory Grow Lights Market Revenue, By Region, 2016 – 2028 (USD Billion)
TABLE NO. 15. North America Plant Factory Grow Lights Market Revenue, By Country, 2016 – 2028 (USD Billion)
TABLE NO. 16. North America Plant Factory Grow Lights Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 17. North America Plant Factory Grow Lights Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 18. U.S. Plant Factory Grow Lights Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 19. U.S. Plant Factory Grow Lights Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 20. Canada Plant Factory Grow Lights Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 21. Canada Plant Factory Grow Lights Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 22. Mexico Plant Factory Grow Lights Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 23. Mexico Plant Factory Grow Lights Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 24. Drivers for the Plant Factory Grow Lights Market: Impact Analysis
TABLE NO. 25. Restraints for the Plant Factory Grow Lights Market: Impact Analysis
TABLE NO. 26. Major Buyers of Plant Factory Grow Lights
TABLE NO. 27. Distributors/Traders List of Plant Factory Grow Lights
TABLE NO. 28. Global Plant Factory Grow Lights Market, Company Market Revenue, 2016 – 2019 (USD Billion)
TABLE NO. 29: Global Plant Factory Grow Lights Market, Company Y-o-Y Growth, 2017 – 2019 (USD Billion)   


 

Methodology

FrequentlyAsked Questions

The global Plant Factory Grow Lights Market was valued at USD 6.82 Billion in 2023.

 

 

The global Plant Factory Grow Lights Market is expected to reach USD 79.92 Billion by 2032, with a CAGR of 27.9% between 2024-2032.

To meet the demand agriculture industry is currently on the verge of technological change by incorporating indoor farming, vertical farming, commercial greenhouse, urban farming, etc. Such technologies are increasingly gaining traction, which is, in turn, driving the demand for agritech products such as grow to light. 

Europe in 2023 ruled the Plant Factory Grow Lights market and was believed to be the highest income-generating area all over the globe.  Europe added up for almost 42% of the total share in the Plant Factory Grow Lights market in 2032.

The major participants include APL engineered material, Daystar, Advanced lighting Technologies, Siemens Philips horticulture Lamps, General Electric, Hydrofarm, Iwasaki Electric, Sun System, and Taiwan Floriculture Exports Association.

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Market InsightsGlobal Market Size AnalysisGrowth Factors Report ScopeSegment Analysis Preview Key Market Players Competitive LandscapeThe global Market is segmented as follows:By Region

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