Global Grow Light Market to Nearly Double by 2035; LED and Smart...

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2026-02-16 10:51:59 -

Global Grow Light Market to Nearly Double by 2035; LED and Smart Farming Drive Growth, Reports FactMR

The global grow light market is poised for robust expansion over the next decade, with increasing adoption of indoor farming and controlled-environment agriculture driving demand. According to FactMR, the market is valued at USD 4.2 billion in 2025 and is projected to nearly double to USD 8.3 billion by 2035, registering a compound annual growth rate (CAGR) of 7.0%. LED Technology...

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