January 17th, 2023
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.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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.
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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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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