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Asia Pacific Grow Lights Market Size, Share & Industry Trends Analysis Report By Spectrum, By Technology, By Application, By Installation Type (New Installation and Retrofit), By Offering, By Country and Growth Forecast, 2022 - 2028

Published Date : 31-Jul-2022

Pages: 92

Formats: PDF

The Asia Pacific Grow Lights Market would witness market growth of 27.1% CAGR during the forecast period (2022-2028).

For plants to thrive and reproduce, the environment must be optimal. Even if they only encounter these damaging conditions for a short while, extreme temperatures will stress the crops, causing poor growth, wilting, and death. Due to their significantly lower heat output when compared to other lighting options, grow lights have a distinct advantage. In addition to streamlining ventilation procedures and expenses, LEDs operate cooler than HID lamps, reducing their negative environmental impact.

Grow light dimensions and height enable users to maximize the amount of light that reaches a plant's canopy. The fittings can be installed closer to the plants based on the photosynthetic photon flux (PPF) of the grow light so that the plant owner can adhere to the manufacturer's recommendations for the ideal distance between the grow lights and plants.

It is necessary to keep in mind that how close the plants should be to the amount will depend on their shape and the amount of light it emits. Smaller box-shaped grow lights function better when positioned on top of a plant canopy because they scatter light until it reaches the plants. Users may install grow lights with shorter beam angles if the light needs to be further away from the plants.

The growing use of grow lights in the agricultural industry in India is the main factor driving the market. To fulfill the nation's growing need for food, they also help to preserve the best yield and plant quality. In addition, the government of India's growing investments in research and development (R&D) projects to support advancements in agricultural science are driving up demand for grow lights. The expansion and improvement of agriculture in India have been greatly aided by the Indian government. By introducing numerous policies, the government is making every effort to promote the expansion of agriculture through the Ministry of Agriculture.

The China market dominated the Asia Pacific Grow Lights Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $970.7 million by 2028.The Japan market is estimated to grow a CAGR of 26.3% during (2022 - 2028). Additionally, The India market would experience a CAGR of 27.9% during (2022 - 2028).

Based on Spectrum, the market is segmented into Narrow and broad. Based on Technology, the market is segmented into Light Emitting Diode (LED), High Intensity Discharge (HID), Fluorescent and Others. Based on Application, the market is segmented into Commercial Greenhouse, Turf & Landscaping, Indoor Farming, Vertical Farming and Research & Others. Based on Installation Type, the market is segmented into New Installation and Retrofit. Based on Offering, the market is segmented into Hardware, Software and Services. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Worldwide Grow Lights Market is Projected to reach USD 11.2 Billion by 2028, at a CAGR of 26.1%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Signify N.V., Heliospectra AB, Gavita International B.V., California LightWorks (MWW Inc.), Valoya Oy, Hortilux Schréder (Dool Industries), Biological Innovation and Optimization Systems, LLC, GE Current, a Daintree company, Kroptek Ltd., and SANlight GmbH.

Scope of the Study

Market Segments Covered in the Report:

By Spectrum

  • Narrow
  • Broad

By Technology

  • Light Emitting Diode (LED)
  • High Intensity Discharge (HID)
  • Fluorescent
  • Others

By Application

  • Commercial Greenhouse
  • Turf & Landscaping
  • Indoor Farming
  • Vertical Farming
  • Research & Others

By Installation Type

  • New Installation
  • Retrofit

By Offering

  • Hardware
  • Software
  • Services

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

  • Signify N.V.
  • Heliospectra AB
  • Gavita International B.V.
  • California LightWorks (MWW Inc.)
  • Valoya Oy
  • Hortilux Schréder (Dool Industries)
  • Biological Innovation and Optimization Systems, LLC
  • GE Current, a Daintree company
  • Kroptek Ltd.
  • SANlight GmbH
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Grow Lights Market, by Spectrum
1.4.2 Asia Pacific Grow Lights Market, by Technology
1.4.3 Asia Pacific Grow Lights Market, by Application
1.4.4 Asia Pacific Grow Lights Market, by Installation Type
1.4.5 Asia Pacific Grow Lights Market, by Offering
1.4.6 Asia Pacific Grow Lights Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Asia Pacific Grow Lights Market by Spectrum
3.1 Asia Pacific Narrow Market by Country
3.2 Asia Pacific Broad Market by Country

Chapter 4. Asia Pacific Grow Lights Market by Technology
4.1 Asia Pacific Light Emitting Diode (LED) Market by Country
4.2 Asia Pacific High Intensity Discharge (HID) Market by Country
4.3 Asia Pacific Fluorescent Market by Country
4.4 Asia Pacific Others Market by Country

Chapter 5. Asia Pacific Grow Lights Market by Application
5.1 Asia Pacific Commercial Greenhouse Market by Country
5.2 Asia Pacific Turf & Landscaping Market by Country
5.3 Asia Pacific Indoor Farming Market by Country
5.4 Asia Pacific Vertical Farming Market by Country
5.5 Asia Pacific Research & Others Market by Country

Chapter 6. Asia Pacific Grow Lights Market by Installation Type
6.1 Asia Pacific New Installation Market by Country
6.2 Asia Pacific Retrofit Market by Country

Chapter 7. Asia Pacific Grow Lights Market by Offering
7.1 Asia Pacific Hardware Market by Country
7.2 Asia Pacific Software Market by Country
7.3 Asia Pacific Services Market by Country

Chapter 8. Asia Pacific Grow Lights Market by Country
8.1 China Grow Lights Market
8.1.1 China Grow Lights Market by Spectrum
8.1.2 China Grow Lights Market by Technology
8.1.3 China Grow Lights Market by Application
8.1.4 China Grow Lights Market by Installation Type
8.1.5 China Grow Lights Market by Offering
8.2 Japan Grow Lights Market
8.2.1 Japan Grow Lights Market by Spectrum
8.2.2 Japan Grow Lights Market by Technology
8.2.3 Japan Grow Lights Market by Application
8.2.4 Japan Grow Lights Market by Installation Type
8.2.5 Japan Grow Lights Market by Offering
8.3 India Grow Lights Market
8.3.1 India Grow Lights Market by Spectrum
8.3.2 India Grow Lights Market by Technology
8.3.3 India Grow Lights Market by Application
8.3.4 India Grow Lights Market by Installation Type
8.3.5 India Grow Lights Market by Offering
8.4 South Korea Grow Lights Market
8.4.1 South Korea Grow Lights Market by Spectrum
8.4.2 South Korea Grow Lights Market by Technology
8.4.3 South Korea Grow Lights Market by Application
8.4.4 South Korea Grow Lights Market by Installation Type
8.4.5 South Korea Grow Lights Market by Offering
8.5 Singapore Grow Lights Market
8.5.1 Singapore Grow Lights Market by Spectrum
8.5.2 Singapore Grow Lights Market by Technology
8.5.3 Singapore Grow Lights Market by Application
8.5.4 Singapore Grow Lights Market by Installation Type
8.5.5 Singapore Grow Lights Market by Offering
8.6 Malaysia Grow Lights Market
8.6.1 Malaysia Grow Lights Market by Spectrum
8.6.2 Malaysia Grow Lights Market by Technology
8.6.3 Malaysia Grow Lights Market by Application
8.6.4 Malaysia Grow Lights Market by Installation Type
8.6.5 Malaysia Grow Lights Market by Offering
8.7 Rest of Asia Pacific Grow Lights Market
8.7.1 Rest of Asia Pacific Grow Lights Market by Spectrum
8.7.2 Rest of Asia Pacific Grow Lights Market by Technology
8.7.3 Rest of Asia Pacific Grow Lights Market by Application
8.7.4 Rest of Asia Pacific Grow Lights Market by Installation Type
8.7.5 Rest of Asia Pacific Grow Lights Market by Offering

Chapter 9. Company Profiles
9.1 Signify N.V.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Acquisition and Mergers:
9.2 Heliospectra AB
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Recent strategies and developments:
9.2.3.1 Product Launches and Product Expansions:
9.3 Gavita International B.V.
9.3.1 Company Overview
9.4 California LightWorks (MWW Inc.)
9.4.1 Company Overview
9.5 Valoya Oy
9.5.1 Company Overview
9.5.2 Recent strategies and developments:
9.5.2.1 Product Launches and Product Expansions:
9.6 Hortilux Schréder (Dool Industries)
9.6.1 Company Overview
9.7 Biological Innovation and Optimization Systems, LLC
9.7.1 Company Overview
9.7.2 Recent strategies and developments:
9.7.2.1 Partnerships, Collaborations, and Agreements:
9.7.2.2 Product Launches and Product Expansions:
9.8 GE Current, a Daintree company
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Partnerships, Collaborations, and Agreements:
9.9 Kroptek Ltd.
9.9.1 Company Overview
9.10. SANlight GmbH
9.10.1 Company Overview
TABLE 1 Asia Pacific Grow Lights Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Grow Lights Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Grow Lights Market by Spectrum, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Grow Lights Market by Spectrum, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Narrow Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Narrow Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Broad Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Broad Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Grow Lights Market by Technology, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Grow Lights Market by Technology, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Light Emitting Diode (LED) Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Light Emitting Diode (LED) Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific High Intensity Discharge (HID) Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific High Intensity Discharge (HID) Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Fluorescent Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Fluorescent Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Grow Lights Market by Application, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Grow Lights Market by Application, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Commercial Greenhouse Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Commercial Greenhouse Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Turf & Landscaping Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Turf & Landscaping Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Indoor Farming Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Indoor Farming Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Vertical Farming Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Vertical Farming Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Research & Others Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Research & Others Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Grow Lights Market by Installation Type, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Grow Lights Market by Installation Type, 2022 - 2028, USD Million
TABLE 33 Asia Pacific New Installation Market by Country, 2018 - 2021, USD Million
TABLE 34 Asia Pacific New Installation Market by Country, 2022 - 2028, USD Million
TABLE 35 Asia Pacific Retrofit Market by Country, 2018 - 2021, USD Million
TABLE 36 Asia Pacific Retrofit Market by Country, 2022 - 2028, USD Million
TABLE 37 Asia Pacific Grow Lights Market by Offering, 2018 - 2021, USD Million
TABLE 38 Asia Pacific Grow Lights Market by Offering, 2022 - 2028, USD Million
TABLE 39 Asia Pacific Hardware Market by Country, 2018 - 2021, USD Million
TABLE 40 Asia Pacific Hardware Market by Country, 2022 - 2028, USD Million
TABLE 41 Asia Pacific Software Market by Country, 2018 - 2021, USD Million
TABLE 42 Asia Pacific Software Market by Country, 2022 - 2028, USD Million
TABLE 43 Asia Pacific Services Market by Country, 2018 - 2021, USD Million
TABLE 44 Asia Pacific Services Market by Country, 2022 - 2028, USD Million
TABLE 45 Asia Pacific Grow Lights Market by Country, 2018 - 2021, USD Million
TABLE 46 Asia Pacific Grow Lights Market by Country, 2022 - 2028, USD Million
TABLE 47 China Grow Lights Market, 2018 - 2021, USD Million
TABLE 48 China Grow Lights Market, 2022 - 2028, USD Million
TABLE 49 China Grow Lights Market by Spectrum, 2018 - 2021, USD Million
TABLE 50 China Grow Lights Market by Spectrum, 2022 - 2028, USD Million
TABLE 51 China Grow Lights Market by Technology, 2018 - 2021, USD Million
TABLE 52 China Grow Lights Market by Technology, 2022 - 2028, USD Million
TABLE 53 China Grow Lights Market by Application, 2018 - 2021, USD Million
TABLE 54 China Grow Lights Market by Application, 2022 - 2028, USD Million
TABLE 55 China Grow Lights Market by Installation Type, 2018 - 2021, USD Million
TABLE 56 China Grow Lights Market by Installation Type, 2022 - 2028, USD Million
TABLE 57 China Grow Lights Market by Offering, 2018 - 2021, USD Million
TABLE 58 China Grow Lights Market by Offering, 2022 - 2028, USD Million
TABLE 59 Japan Grow Lights Market, 2018 - 2021, USD Million
TABLE 60 Japan Grow Lights Market, 2022 - 2028, USD Million
TABLE 61 Japan Grow Lights Market by Spectrum, 2018 - 2021, USD Million
TABLE 62 Japan Grow Lights Market by Spectrum, 2022 - 2028, USD Million
TABLE 63 Japan Grow Lights Market by Technology, 2018 - 2021, USD Million
TABLE 64 Japan Grow Lights Market by Technology, 2022 - 2028, USD Million
TABLE 65 Japan Grow Lights Market by Application, 2018 - 2021, USD Million
TABLE 66 Japan Grow Lights Market by Application, 2022 - 2028, USD Million
TABLE 67 Japan Grow Lights Market by Installation Type, 2018 - 2021, USD Million
TABLE 68 Japan Grow Lights Market by Installation Type, 2022 - 2028, USD Million
TABLE 69 Japan Grow Lights Market by Offering, 2018 - 2021, USD Million
TABLE 70 Japan Grow Lights Market by Offering, 2022 - 2028, USD Million
TABLE 71 India Grow Lights Market, 2018 - 2021, USD Million
TABLE 72 India Grow Lights Market, 2022 - 2028, USD Million
TABLE 73 India Grow Lights Market by Spectrum, 2018 - 2021, USD Million
TABLE 74 India Grow Lights Market by Spectrum, 2022 - 2028, USD Million
TABLE 75 India Grow Lights Market by Technology, 2018 - 2021, USD Million
TABLE 76 India Grow Lights Market by Technology, 2022 - 2028, USD Million
TABLE 77 India Grow Lights Market by Application, 2018 - 2021, USD Million
TABLE 78 India Grow Lights Market by Application, 2022 - 2028, USD Million
TABLE 79 India Grow Lights Market by Installation Type, 2018 - 2021, USD Million
TABLE 80 India Grow Lights Market by Installation Type, 2022 - 2028, USD Million
TABLE 81 India Grow Lights Market by Offering, 2018 - 2021, USD Million
TABLE 82 India Grow Lights Market by Offering, 2022 - 2028, USD Million
TABLE 83 South Korea Grow Lights Market, 2018 - 2021, USD Million
TABLE 84 South Korea Grow Lights Market, 2022 - 2028, USD Million
TABLE 85 South Korea Grow Lights Market by Spectrum, 2018 - 2021, USD Million
TABLE 86 South Korea Grow Lights Market by Spectrum, 2022 - 2028, USD Million
TABLE 87 South Korea Grow Lights Market by Technology, 2018 - 2021, USD Million
TABLE 88 South Korea Grow Lights Market by Technology, 2022 - 2028, USD Million
TABLE 89 South Korea Grow Lights Market by Application, 2018 - 2021, USD Million
TABLE 90 South Korea Grow Lights Market by Application, 2022 - 2028, USD Million
TABLE 91 South Korea Grow Lights Market by Installation Type, 2018 - 2021, USD Million
TABLE 92 South Korea Grow Lights Market by Installation Type, 2022 - 2028, USD Million
TABLE 93 South Korea Grow Lights Market by Offering, 2018 - 2021, USD Million
TABLE 94 South Korea Grow Lights Market by Offering, 2022 - 2028, USD Million
TABLE 95 Singapore Grow Lights Market, 2018 - 2021, USD Million
TABLE 96 Singapore Grow Lights Market, 2022 - 2028, USD Million
TABLE 97 Singapore Grow Lights Market by Spectrum, 2018 - 2021, USD Million
TABLE 98 Singapore Grow Lights Market by Spectrum, 2022 - 2028, USD Million
TABLE 99 Singapore Grow Lights Market by Technology, 2018 - 2021, USD Million
TABLE 100 Singapore Grow Lights Market by Technology, 2022 - 2028, USD Million
TABLE 101 Singapore Grow Lights Market by Application, 2018 - 2021, USD Million
TABLE 102 Singapore Grow Lights Market by Application, 2022 - 2028, USD Million
TABLE 103 Singapore Grow Lights Market by Installation Type, 2018 - 2021, USD Million
TABLE 104 Singapore Grow Lights Market by Installation Type, 2022 - 2028, USD Million
TABLE 105 Singapore Grow Lights Market by Offering, 2018 - 2021, USD Million
TABLE 106 Singapore Grow Lights Market by Offering, 2022 - 2028, USD Million
TABLE 107 Malaysia Grow Lights Market, 2018 - 2021, USD Million
TABLE 108 Malaysia Grow Lights Market, 2022 - 2028, USD Million
TABLE 109 Malaysia Grow Lights Market by Spectrum, 2018 - 2021, USD Million
TABLE 110 Malaysia Grow Lights Market by Spectrum, 2022 - 2028, USD Million
TABLE 111 Malaysia Grow Lights Market by Technology, 2018 - 2021, USD Million
TABLE 112 Malaysia Grow Lights Market by Technology, 2022 - 2028, USD Million
TABLE 113 Malaysia Grow Lights Market by Application, 2018 - 2021, USD Million
TABLE 114 Malaysia Grow Lights Market by Application, 2022 - 2028, USD Million
TABLE 115 Malaysia Grow Lights Market by Installation Type, 2018 - 2021, USD Million
TABLE 116 Malaysia Grow Lights Market by Installation Type, 2022 - 2028, USD Million
TABLE 117 Malaysia Grow Lights Market by Offering, 2018 - 2021, USD Million
TABLE 118 Malaysia Grow Lights Market by Offering, 2022 - 2028, USD Million
TABLE 119 Rest of Asia Pacific Grow Lights Market, 2018 - 2021, USD Million
TABLE 120 Rest of Asia Pacific Grow Lights Market, 2022 - 2028, USD Million
TABLE 121 Rest of Asia Pacific Grow Lights Market by Spectrum, 2018 - 2021, USD Million
TABLE 122 Rest of Asia Pacific Grow Lights Market by Spectrum, 2022 - 2028, USD Million
TABLE 123 Rest of Asia Pacific Grow Lights Market by Technology, 2018 - 2021, USD Million
TABLE 124 Rest of Asia Pacific Grow Lights Market by Technology, 2022 - 2028, USD Million
TABLE 125 Rest of Asia Pacific Grow Lights Market by Application, 2018 - 2021, USD Million
TABLE 126 Rest of Asia Pacific Grow Lights Market by Application, 2022 - 2028, USD Million
TABLE 127 Rest of Asia Pacific Grow Lights Market by Installation Type, 2018 - 2021, USD Million
TABLE 128 Rest of Asia Pacific Grow Lights Market by Installation Type, 2022 - 2028, USD Million
TABLE 129 Rest of Asia Pacific Grow Lights Market by Offering, 2018 - 2021, USD Million
TABLE 130 Rest of Asia Pacific Grow Lights Market by Offering, 2022 - 2028, USD Million
TABLE 131 Key Information – Signify N.V.
TABLE 132 key information – Heliospectra AB
TABLE 133 Key Information – Gavita International B.V.
TABLE 134 Key Information – California LightWorks
TABLE 135 Key Information – Valoya Oy
TABLE 136 Key Information – Hortilux Schréder
TABLE 137 Key Information – Biological Innovation and Optimization Systems, LLC
TABLE 138 Key Information – GE Current, a Daintree company
TABLE 139 Key Information – Kroptek Ltd.
TABLE 140 Key Information – SANlight GmbH

List of Figures
FIG 1 Methodology for the research

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