GCC Grow Light Market Research Report 2026: Size, Share, Trends, Growth and Forecast
June 23, 2022
SHERIDAN, WYOMING, UNITED STATES, June 22, 2022 /EINPresswire.com/ -- According to the latest report by IMARC Group, titled “GCC Grow Light Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the gcc grow light market is expected to exhibit robust growth during 2021-2026.
Grow light refers to the artificial lights that facilitate the process of photosynthesis among plants to help them grow. It involves the electromagnetic spectrum that is utilized in light-emitting diodes (LED), fluorescent lights, and high-intensity discharge (HID) and incandescent lighting systems. This technology is widely employed as a crucial component in indoor and vertical farming, commercial greenhouse, and indoor gardening.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
GCC Grow Light Market Trends:
The market in the GCC region is primarily driven by continual technological advancements in the agriculture sector. Moreover, the widespread integration of chip-on-board technology with grow lights, which enables the emission of higher intensity and uniform light, is providing an impetus to the market growth. Along with this, the rising preference for indoor cultivation due to the extreme climatic conditions prevailing across the region is also creating a positive outlook for the market. Other factors, including the increasing demand for organic produce and extensive research and development (R&D) activities conducted by key players in agricultural science, are contributing to the market growth further.
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GCC Grow Light Market 2021-2026 Analysis and Segmentation:
The report has segmented the market on the basis on country, technology, installation type, spectrum, application.
Breakup by Technology:
Breakup by Installation Type:
Breakup by Spectrum:
Breakup by Application:
Turf and Landscaping
Breakup by Country:
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Key highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
Comprehensive Mapping of the Competitive Landscape
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