Grow Light Industry Worth at USD 5.80 Billion and Grow at CAGR of 13% by 2022
Market Highlights
The growth in the indoor farming, government initiatives to adopt technologies such as LED, growing demand for energy efficiency, long lasting grow technology and environmentally safe products are the factors boosting the growth of the grow light market. Also, a high commercial greenhouses practice in countries such as Netherlands is propelling the growth of the market.
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