Posted On: 01/15/2016 4:51:28 AM
Post# of 780
LED Grow Light Market worth $1.9 Billion by 2020
http://www.marketsandmarkets.com/PressRelease...-light.asp
http://www.marketsandmarkets.com/PressRelease...-light.asp
Quote:
According to a new market research report "LED Grow Light Market by Wattage, Type of Installation (New, Retrofit), Spectrum (Partial, Full), Application (Indoor Farming, Commercial Greenhouse, Vertical Farming, Turf & Landscaping, Research, and Others), and Geography - Forecast to 2020", the LED grow light market is expected to rise to more than $1.9 Billion by 2020, growing at a Compound Annual Growth Rate (CAGR) of 26.93% between 2015 and 2020.
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