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Global Grow Light Market to Nearly Double by 2035; LED and Smart Farming Drive Growth, Reports FactMRThe 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...0 التعليقات 0 المشاركات 343 مشاهدة
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Grow Light Market to Bloom: Forecasts Signal Bright Future Through 2032The 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...0 التعليقات 0 المشاركات 1كيلو بايت مشاهدة