SOURCE: Radiant Insights, Inc.

Radiant Insights, Inc.

February 01, 2016 08:00 ET

LED Agricultural Grow Lights Market Worth $1.8 Billion by 2021: Radiant Insights, Inc.

SAN FRANCISCO, CA--(Marketwired - Feb 1, 2016) - The LED grow lights market is poised to reach USD 1.8 billion by 2021. It had a previous turnaround of USD 395 million in 2014. Growth is anticipated on account of usage by plant factory and nursery owners to improve their cultivation. With people being more health-conscious, they tend to avoid food grown with Chemical pest control. The market is expected to capitalize on this trend with large warehouse plant factories intent on producing seedlings.

LED grow lights are an artificial source of light needed to provide nourishment through photosynthesis. It is used in an environment or a season where daylight is insufficient for the plant's growth. The plant is grown in a staged environment which imitates its natural surroundings, giving it a chance to blossom.

Browse Full Research Report With TOC On "LED Agricultural Grow Lights: Market Shares, Strategies, and Forecasts, Worldwide, 2015-2021" at:

LED grow lights are being adopted by vertical farming due to their energy efficiency and low heat emission. With government regulations supporting energy-efficiency lighting, it is driving the LED grow lights market. Next-generation grow lights provide high efficiency, low power, uniform light pattern and distribution at the right spectrum and ratios necessary for photosynthesis.

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