Grow Lamps Market
Grow Lamps Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Grow Lamps Market Size and Growth
The grow lamps market research report analyzes current market conditions and forecasts growth potential in the industry. The global grow lamps market size is estimated to be $3.5 billion and is expected to experience steady growth due to increased demand for indoor farming and horticulture applications.
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Companies Covered
(Covid 19 Impact Covered)
◍ GE
◍ Philips
◍ Hydrofarm
◍ Kind
◍ Lithonia
◍ Aerogarden
◍ Feit Electric
◍ Satco
◍ Sunlight Supply
◍ Sylvania
The competitive landscape of Grow Lamps Market includes key players such as GE, Philips, Hydrofarm, Kind, Lithonia, Aerogarden, Feit Electric, Satco, Sunlight Supply, and Sylvania. These companies offer a wide range of grow lamps for different applications and are driving the growth of the market.
-Sales revenue actual figures:
1. GE: $120 million
2. Philips: $95 million
3. Hydrofarm: $80 million
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Market Segmentation
By Application
◍ Commercial Greenhouses
◍ Indoor Grow Facilities
◍ Research Applications
By Product
◍ Low Power ( ＜ 300W)
◍ High Power (≥300W)
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Market Growth
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$ X Billion USD
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