India Grow Light Market Growth, Demand and Challenges of the Key Industry Players 2023-28
                     India Grow Light 
Market Research and 
Forecast Report 2023-
2028
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
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In ternat ional  Market  Analys is  Research and Consul t ing Group is  a leading adv iser  on management  
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are at  the top of  the company’s  exper t ise.
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markets wi th c lose cooperat ion at  a l l  levels  of  the c l ient  organizat ion.  This ensures that  our  c l ients 
achieve unmatchable compet i t ive advantage,  bui ld  more pro f ic ient  organizat ions,  and secure 
las t ing resul ts .
Acco r d ing  t o  t h e  l a t es t  r ep o r t  b y  I M ARC  G r oup ,  t i t l e d  " I nd i a  G row  L i g h t  M arke t :  
I ndu st ry  T r ends ,  Sh are ,  S i z e ,  G row t h ,  O pp or t un i t y  and  For ecas t  20 23 -
2028 , "  t he  I nd i a  g r o w  l i gh t  m a r ke t  s i ze  r eac hed  US$  8 0 . 4  M i l l i on  i n  20 22 .
G r o w l i gh t  r e f e r s  t o  spec ia l i ze d  LED l i gh t  used  f o r  s t i m u la t i ng  t he  g r ow t h  o f  i nd oo r  
Report p lan t s .  They  em i t  e lec t r om a gne t i c  r ad ia t io n  i n  t he  v i s i b le  l i gh t  spec t r um ,  wh ich  a ids  
i n  t h e  p r ocedu r e  o f  pho t osyn t hes i s  an d  boo s t s  h ea l t hy  de ve lopm en t .  
G r o w l i gh t s  a r e  c om m er c ia l l y  av a i l ab le  i n  h igh - i n t ens i t y  d i sc ha r g e  ( H I D) ,  l i g h t -
Highlight and em i t t i ng  d iodes  ( LE D) ,  i nca ndesc en t  va r i a n t s ,  and  h igh - p r es su r e  so d i um  ( HPS ) .  t hey  
a l so  o f f e r  se ve r a l  bene f i t s ,  i nc lud ing  coo le r  t e m per a t u r e s ,  l on ge r  l i f e span ,  be t t e r  
Description e f f i c i ency ,  com pac t  s i ze ,  us age  o f  f u l l  spe c t r um ,  an d  s t a t e  r eba t es .  I n  r ece n t  yea r s ,  g r ow  l i g h t s  have  g a ined  t r ac t i on  d ue  t o  t he i r  ex t ens iv e  ad op t i o n  i n  hom e  ga r den i ng ,  
com m er c ia l  i ndo o r  ga r den ing ,  ho r t i cu l t u r e ,  f o od  p r o duc t i o n ,  and  p lan t  p r o paga t i on  
app l i c a t i on s .
Reque st  f o r  a  P DF  s ampl e  o f  t h i s  repor t :  
h t t p s : / / www. im ar c g r ou p . com / ind ia - g r o w- l i gh t - m ar ke t / r equ es t s am p le
Report Description
I n d ia  G r o w  L i g h t  M a r k e t  T r e n d s :
O n e  o f  t h e  p r i m a r y  f a c t o r s  d r i v i n g  t h e  m a r k e t  i s  t h e  r a p i d  e s ta b l i s h m e n t  o f  v e g e ta b l e  f a c to r i e s  a c r o s s  t h e  c o u n t r y ,  o n  a c c o u n t  o f  
t h e  i n c r e a s i n g  p o p u l a t i o n .  G r o w  l i g h t s  f a c i l i t a t e  t h e  u s e  o f  a r t i f i c i a l  e n v i r o n m e n ta l  c o n t r o l ,  c o n t r o l  o f  l i g h t ,  a n d  f e r t i g a t i o n .  
A d d i t i o n a l l y ,  t h e  g r o w i n g  t r e n d  o f  v e r t i c a l  r o o f t o p  a n d  c o m m e r c i a l  g r e e n h o u s e  f a r m i n g  i s  c r e a t i n g  a  p o s i t i v e  m a r k e t  o u t l o o k .  O th e r  
t h a n  t h i s ,  t h e  i n c r e a s i n g  u t i l i z a t i o n  o f  s o l a r  p o w e r - b a s e d  a g r i c u l t u r e  p l a n t s  i s  p o s i t i v e l y  i n f l u e n c i n g  t h e  m a r k e t  g r o w t h .  B e s i d e s  
t h i s ,  a r t i f i c i a l  l i g h t i n g ,  s u c h  a s  L E D  l i g h t i n g ,  h i g h - p r e s s u r e  s o d i u m  l i g h t i n g ,  a n d  p l a s m a  l i g h t i n g ,  c a n  e x t e n d  t h e  a v a i l a b i l i t y  o f  
c r o p s ,  t h u s  i n c r e a s i n g  t h e  p r o d u c t  a d o p t i o n  r a t e  a c r o s s  t h e  c o u n t r y .  
I n  l i n e  w i t h  t h i s ,  t h e  r i s i n g  a w a r e n e s s  a b o u t  t h e  i m p o r t a n c e  o f  a l t e r n a t i v e  f a r m i n g  d u e  t o  t h e  l e s s  a v a i l a b i l i t y  o f  f e r t i l e  a g r i c u l t u r a l  
l a n d  i s  c r e a t i n g  l u c r a t i v e  g r o w t h  o p p o r t u n i t i e s  f o r  t h e  k e y  p l a y e r s  o p e r a t i n g  i n  t h e  i n d u s t r y .  F u r t h e r m o r e ,  i n d o o r  f a r m i n g  c a n  
p r o d u c e  c r o p s  t h r o u g h o u t  t h e  y e a r ,  u n l i k e  t r a d i t i o n a l  a g r i c u l t u r e ,  w h i c h  l e a d s  t o  i n c r e a s e d  p r o d u c t i v i t y ,  t h u s  b o o s t i n g  p r o d u c t  
d e m a n d .  M o r e o v e r ,  g r o w i n g  t e c h n o l o g i c a l  a d v a n c e m e n t s  i n  g r o w  l i g h t s  a n d  e x t e n s i v e  r e s e a r c h  a n d  d e v e l o p m e n t  ( R & D )  a c t i v i t i e s  
t o  i n t r o d u c e  i n n o v a t i o n s  i n  a g r i c u l t u r a l  s c i e n c e  a n d  t e c h n o l o g y .
L o o k in g  f o r w a r d ,  I M A R C  G r o u p  e x p e c t s  t h e  m a r k e t  v a lu e  t o  r e a c h  U S $  1 7 3 .6  M i l l i o n  b y  2 0 2 8 ,  e x p a n d i n g  a t  a  C A G R  o f  1 3 .5 %  
d u r in g  t h e  f o r e c a s t  p e r i o d  ( 2 0 2 3 - 2 0 2 8 ) .
V ie w  R e p o r t  T O C ,  F i g u r e s  a n d  T a b l e s :  h t t p s : / / w w w . i m a r c g r o u p . c o m / i n d i a - g r o w - l i g h t - m a r k e t
Breakup by Technology:
• HID
• LED
• Fluorescent
• Others
 
Report 
Breakup by Installation Type:
Segmentation • New Instal lat ions
• Retrofi t Instal lat ions
Breakup by Spectrum:
• Ful l -Spectrum
• Part ial  Spectrum
Breakup by Application:
• Indoor Farming
• Vert ica l Farming
• Commercial  Greenhouse
• Turf and Landscaping
Report • Others
Segmentation
Breakup by Region:
• North India
• West and Central  India
• South India
• East  India
What was the size of the India grow light market in 
2022?
What is the expected growth rate of the India grow light 
market during 2023-2028?
What are the key factors driving the India grow light 
market?
Key 
What has been the impact of COVID-19 on the India 
Questions grow light market?
Answered in What is the breakup of the India grow light market based on the technology?
the Report What is the breakup of the India grow light market based on the installation type?
What is the breakup of the India grow light market 
based on the spectrum?
What is the breakup of the India grow light market 
based on the application?
What are the key regions in the India grow light 
market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
Table of         2 . 4 . 1     B o t t o m - U p  A p p r o a c h        2 . 4 . 2     T o p - D o w n  A p p r o a c h
    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
Contents     4 . 1     O v e r v i e w    4 . 2     K e y  I n d u s t r y  T r e n d s5     I n d i a  G r o w  L i g h t  M a r k e t
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6      M a r k e t  B r e a k u p  b y  T e c h n o l o g y
    6 . 1     H I D
        6 . 1 . 1  M a r k e t  T r e n d s
        6 . 1 . 2  M a r k e t  F o r e c a s t
    6 . 2     L E D
        6 . 2 . 1  M a r k e t  T r e n d s
        6 . 2 . 2  M a r k e t  F o r e c a s t
    6 . 3     F l u o r e s c e n t
        6 . 3 . 1  M a r k e t  T r e n d s
        6 . 3 . 2  M a r k e t  F o r e c a s t
       
    6 . 4     O t h e r s
        6 . 4 . 1  M a r k e t  T r e n d s
        6 . 4 . 2  M a r k e t  F o r e c a s t
7    M a r k e t  B r e a k u p  b y  I n s t a l l a t i o n  T y p e
    7 . 1     N e w  I n s t a l l a t i o n s
        7 . 1 . 1  M a r k e t  T r e n d s
        7 . 1 . 2  M a r k e t  F o r e c a s t
    7 . 2     R e t r o f i t  I n s t a l l a t i o n s
        7 . 2 . 1  M a r k e t  T r e n d s
Table of         7 . 2 . 2  M a r k e t  F o r e c a s t8    M a r k e t  B r e a k u p  b y  S p e c t r u m
    8 . 1     F u l l - S p e c t r u m
        8 . 1 . 1  M a r k e t  T r e n d s
Contents         8 . 1 . 2  M a r k e t  F o r e c a s t    8 . 2     P a r t i a l  S p e c t r u m
        8 . 2 . 1  M a r k e t  T r e n d s
        8 . 2 . 2  M a r k e t  F o r e c a s t
9    M a r k e t  B r e a k u p  b y  A p p l i c a t i o n
    9 . 1     I n d o o r  F a r m i n g
        9 . 1 . 1  M a r k e t  T r e n d s
        9 . 1 . 2  M a r k e t  F o r e c a s t
    9 . 2     V e r t i c a l  F a r m i n g
        9 . 2 . 1  M a r k e t  T r e n d s
        9 . 2 . 2  M a r k e t  F o r e c a s t
    9 . 3     C o m m e r c i a l  G r e e n h o u s e
        9 . 3 . 1  M a r k e t  T r e n d s
        9 . 3 . 2  M a r k e t  F o r e c a s t     
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
ht t ps : / /w ww. i ma rc gro up . c o m / i n d i a -g ro w- l i gh t -m a rke t / t o c
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