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2022

U.S. Grow Lights Market

U.S. Grow Lights Market Size, Share, Competitive Landscape and Trend Analysis Report by Offering, by Technology, by Spectrum, by Installation Type, by Application : Opportunity Analysis and Industry Forecast, 2021-2031

SE : Electronic Systems and Devices

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Author's: Tanuj Barai and Divyanshi Mishra | Sonia Mutreja
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A new study on Global U.S. grow lights market reveals upcoming trends, revenue opportunities, pre-COVID growth, and market forecast: Allied Market Research

According to the report published by the Allied Market Research, the study showcases potential revenue forecast of the market for the next seven years coupled with upcoming market trends, opportunities, and competition analysis. Furthermore, the study provides various intellectual tables and charts/graphs to recognize the complexities of the market.

The report aids clients to understand recent and first-hand insights of each segment. In addition, the study includes detailed information of key players that are active in the market along with their financial results, segmental revenue, company trends, product/service offerings, and key strategies adopted.

U.S. Grow Lights Market
By Offering
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Software segment would witness the fastest growth, registering a CAGR of 31.1% during the forecast period.

The report tracks recent market trends, revenue forecasting, company market share, the impact of M&A activities, and new product launch across the market. The study includes company profiles that outline the revenue share of leading competitors in the market. The study includes the profiling of the top 10 market players of the market. Moreover, the report offers revenue forecasts.

COVID-19 IMPACT ANALYSIS

The COVID-19 pandemic has had a severe impact on the global economy. The report offers a study on micro and macro economic impact due to the COVID-19 outbreak. In addition, it highlights the direct impact of the COVID-19 pandemic on the U.S. grow lights market in form of qualitative analysis. The report provides details regarding the market size and shares with the impact of pandemic. In addition, the report offers a detailed study on major strategies adopted by market players during the COVID-19 pandemic to maintain their foothold in the market. Moreover, the report emphasizes how the pandemic has influenced the supply chain of the U.S. grow lights market and includes a post-COVID-19 pandemic scenario, owing to a decline in the risk of infection and introduction of vaccines.

U.S. Grow Lights Market Report Highlights

Aspects Details
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By Offering
  • Hardware
  • Software
  • Services
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By Technology
  • High Intensity Discharge (HID)
  • Light Emitting Diode (LED)
  • Fluorescent
  • Others
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By Spectrum
  • Narrow
  • Broad
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By Installation Type
  • New Installation
  • Retrofit
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By Application
  • Indoor Farming
  • Commercial Greenhouse
  • Vertical Farming
  • Turf and Landscaping
  • Research
  • Others
Author Name(s) : Tanuj Barai and Divyanshi Mishra | Sonia Mutreja

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U.S. Grow Lights Market

Opportunity Analysis and Industry Forecast, 2021-2031