Grow Light Market to Bloom: Forecasts Signal Bright Future Through 2032
The global grow light market is estimated to grow at an impressive CAGR of 8.2%. It is poised to reach a valuation of nearly US$ 11.4 billion by 2032 from US$ 5.2 billion in 2022. Introduction: Shining a Light on Modern Agriculture The increasing global population, coupled with rapid urbanization and shrinking arable land, has led to growing adoption of indoor farming and controlled...
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