The global Commercial Grow Light market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.

ReportPrime's newest research report, the “Commercial Grow Light Industry Forecast” looks at past sales and reviews total world Commercial Grow Light sales in 2023, providing a comprehensive analysis by region and market sector of projected Commercial Grow Light sales for 2024 through 2030. With Commercial Grow Light sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Commercial Grow Light industry.

This Insight Report provides a comprehensive analysis of the global Commercial Grow Light landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Commercial Grow Light portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Commercial Grow Light market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Commercial Grow Light and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Commercial Grow Light.

United States market for Commercial Grow Light is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Commercial Grow Light is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Commercial Grow Light is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Commercial Grow Light players cover Osram, Signify, Hubbell Lighting, Illumitex, General Electric, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Commercial Grow Light market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

• Partial Spectrum Light
• Full Spectrum Light

Segmentation by Application:

• Commercial Greenhouse
• Indoor Growing Facilities
• Others

This report also splits the market by region:

• Americas
  • United States
  • Canada
  • Mexico
  • Brazil
• APAC
  • China
  • Japan
  • Korea
  • Southeast Asia
  • India
  • Australia
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
• Middle East & Africa
  • Egypt
  • South Africa
  • Israel
  • Turkey
  • GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

• Osram
• Signify
• Hubbell Lighting
• Illumitex
• General Electric
• Gavita
• Lumigrow
• Kessil
• Valoya
• Cree
• Growray
• Heliospectra AB
• Vipple
• Senmatic A/S
• AIS LED Light

Key Questions Addressed in this Report

1. What is the 10-year outlook for the global Commercial Grow Light market?
2. What factors are driving Commercial Grow Light market growth, globally and by region?
3. Which technologies are poised for the fastest growth by market and region?
4. How do Commercial Grow Light market opportunities vary by end market size?
5. How does Commercial Grow Light break out by Type, by Application?