Grow Lights Market Size is projected to reach USD 14.27

New York, United States, Oct. 20, 2022 (GLOBE NEWSWIRE) — Grow lights, also known as plant lights, are artificial light sources that generate light across the electromagnetic spectrum to stimulate photosynthesis and accelerate plant development. Fluorescent, high-intensity discharge (HID), light-emitting diode (LED), and incandescent versions are frequently offered. They can be tailored for a particular objective, such as flowering inhibition, anthocyanin accumulation, or increased rooting, and are usually used to supplement the crops’ sunshine, colour, and temperature. Because of this, they have many uses in landscaping, commercial greenhouses, vertical farming, indoor farming, and other fields.

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LED grow lights are more energy-efficient and last longer than conventional lighting
Due to their increasing economic competitiveness, LED grow lights are frequently employed in vertical farms, indoor farms, and greenhouses. Indoor plant growth requires grow lights. The plant’s needs determine the grow light spectrum. Grow lights help plants grow and develop. Outdoor and indoor growers prefer high-intensity discharge (HID) lighting. These cheap lamps provide the essential light intensity for plant growth. Growers often blend different types of high-intensity discharge (HID) lamps, such as high-pressure sodium (HPS) lamps and metal halide (M.H.) lamps, to provide the optimal lighting environment for their plants. These light bulbs are significantly energy and heat-intensive. Adding cooling systems to grow facilities increases energy costs. These factors have increased the demand for long-lasting and energy-efficient horticultural lighting.

Rising demand for grow lights in agriculture, rising population hence increasing demand for food
The agricultural sector’s notable rise is one of the main drivers of the market’s growth. Furthermore, the market…