Researchers say the indoor plant grow lighting industry is growing fast

Researchers say the indoor plant grow lighting industry is growing fast

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According to Grand View Research will be worth over eight and a half billion dollars by 2025. Last year the grow light industry was worth just over two and a half billion dollars.  ” Grow light technology helps in extending the hours of the natural daylight which further increases the health, growth rate and yield of the plants. Artificial lighting, such as high-pressure sodium lighting, LED lighting and plasma lighting can extend the availability of crops (throughout a season).Growing awareness regarding the importance of alternative farming, owing to the less availability of fertile agricultural land and increasing population, are the key factors anticipated to spur the industry demand.”

 

You can read the whole report here at Grand View Research

 

 

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