Grow Light Market Strategies: Partnerships for Enhanced Research and Development
The global grow light market was valued at USD 4.23 billion in 2021 and is projected to grow at a compound annual growth rate (CAGR) of 15.0% from 2022 to 2030. The market growth is primarily driven by the rising popularity of urban cultivation, vertical farming, and the increasing adoption of sustainable methods for producing fruits and vegetables. The surge in the global population has...
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