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Global Grow Light Market – Global Industry Analysis and Forecast (2018-2026) by Technology, By Installation, By Application and By Region.

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anushree chavan
Global Grow Light Market – Global Industry Analysis and Forecast (2018-2026) by Technology, By Installation, By Application and By Region.

Global Grow Light Market was valued US$3.1 Bn in 2017 and is anticipated to reach US$8.27 Bn by 2026 at a CAGR of about 11.5 % during a forecast.

Based on application grow light market is divided into indoor farming, vertical farming, commercial greenhouse, and research.

Grow Light of electronic lamps is accelerating growth by electronic magnetic spectrum.

In grow lights market retrofitting is defined as removing an existing grow light and installing a new one of the same lighting technology or of a different lighting technology.

While new installations are generally characterized by the expansion of existing facilities or setting up of a new facility.

Thus demand for food is increasing in these cities areas at the same time as the availability of arable land around cities is very limited.

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anushree chavan
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