Grow Light Industry 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. This growth is largely driven by several factors, including the rise of urban cultivation, the expansion of vertical farming, and the increasing adoption of environmentally friendly methods for...

Grow Light Industry Overview The global grow light market size was valued at USD 4.23 billion in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 15.0% from 2022 to 2030. Growing urban cultivation, vertical farming and growing adoption of environment-friendly production of fruits and vegetables is boosting the growth of the market. The unprecedented growth...

Grow Light Industry Overview 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. This growth is largely driven by several factors, including the rise of urban cultivation, the expansion of vertical farming, and the increasing adoption of environmentally friendly...