Grow Light Market: Clear Understanding of The Competitive Landscape and Key Product Segments

The global market for grow light is expected to witness tremendous demand in areas deprived of natural daylight. Grow light acts as a substitute for sunlight by creating a light spectrum that is similar to the sun’s light, thus, helping plants during the process of photosynthesis. In simple terms, any light source that can stimulate the growth of plants by emitting an electromagnetic radiation that aids photosynthesis can be called as grow light. Several geographical regions are deprived of sunlight for prolonged periods of time during the year. The paucity of sunlight in these regions affects the growth of plants and deteriorates the flora of the region.

Plants that hold significance across key industries as well important breeds of flowering plants are exposed to grow light in order enhance their growth. It is anticipated that the global market for grow plants would trace a lucrative trail over the forthcoming years. Several types of lights are used to create a fitting light spectrum that can aid the process of photosynthesis in plants. Indoor gardening, food production, horticulture, plant propagation, and hydroponics are some of the key areas where grow light is extensively used. As the farmers become increasingly aware of the benefits of grow lights, the demand within the global market is expected to reach greater heights over the times to come.

The report on the global market for grow light predicts that the total market revenue would reach a value of US$6,596.0 Mn by 2025. Furthermore, the report projects that the CAGR of the global market for grow light for the period between 2017 and 2025 would settle at 8.46%.

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LEDs to Emerge as Leading Technology Segment

Various types of technologies are used to create a light spectrum for grow light; some of the key technologies include high intensity discharge, LEDs, and Fluorescent light. Amongst these key segments based on the type of technology, the demand for LEDs is expected to grow by leaps and bounds. The prominence of the LED segment owes to the manifold benefits served by light emitting diodes (LEDs).

The primary reason behind the popularity of LEDs is their energy efficiency and high net output. Furthermore, LEDs have a longer life relative to other technologies used for grow light, which also bolsters demand for LED technologies. Creation of a light spectrum is much easier with LEDs because they can closely mimic the light spectrum of the sunrays. Hence, it is safe to estimate that the global market for grow light would reap in commendable demand from the LED segment over the coming years.

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Europe to Hold Dominant Market Share

Amongst all the regional segments, Europe is expected to hold a dominant share of the global market for grow light. The supremacy of this regional segment can be attributed to the popularity of floriculture and horticulture across Europe. Netherlands has especially attracted commendable demand for grow light in recent times, which has further fortified the European market. The agricultural industry across Europe has become increasing reliant on grow light for the growth of plants, flowers, and vegetables. Moreover, a large number of prominent market players exist in the European region, which also contributes to the growth of the global market for grow light.

Some of the leading players in the global market for grow light are General Electric Company, Philips Lighting, and Lumileds Holding B.V.

Internet of Things Testing Market: Latest Trends and Forecast Analysis up to 2025

The Internet of things (IoT) represents a giant network of interconnected devices or things that are embedded in the existing internet infrastructure. These things can include a variety of objects such as electronics devices, vehicles, equipment, sensors, and consumer appliances. The concept may signify the sharing of data and information with people and animals connected to the infrastructure in near-real time. The proliferation of connected devices and the soaring popularity of IoT among enterprises in developed and developing nations have led to the pressing need for Internet of Things testing mechanisms. Developing an effective IoT testing mechanism foregrounds evaluating key aspects such as compatibility and usability of the interconnected devices, security of the network, the connectivity, and overall performance of the system. Furthermore, enterprises implementing IoT should take into account the integration of new devices and technologies with the existing network. A number

Low Power Display Market: Projection of Each Major Segment over the Forecast Period 2017 - 2025

Low power display technology is treated separately from our modern world. High resolution displays with low power are considered by many consumers to represent the low power display technology. The development in optoelectronics and nanotechnology has changed the low power display market . The low power display market consumes of less power than plasma technologies and cathode ray tube (CRT). Low-power features have become essential for liquid crystal displays (LCDs) due to environmental concerns. The technology that saves energy by decreasing the power consumption of the backlight unit in a display panel is considered in in low power display technology. A low refresh-rate technology was introduced in order to further minimize power consumption in the display panel. The low refresh-rate was achieved by employing oxide thin-film transistors (Ox-TFTs) with extremely low leakage currents. However, flicker may be visible due to the current leakage through the liquid crystal (LC

Noise Suppression Components Market: Granular View of The Market from Various End-Use Segments

Noise suppression refers to the methods of reducing and eliminating the effects of unwanted and undesirable sound effects and electrical disturbances which occurs when the level of signal carrier is greater than the noise level. Noise causes intrusion in many electrical devices. However, there are rules to suppress noise, because noise which does not affect a particular electrical device may affect some other electrical device. Further, an electronic device is known as ‘emission’ if it is itself the source of unwanted noise and it is referred to as immunity if the concerned electronic device is the victim of unwanted noise. Electromagnetic interference (EMI) and electromagnetic compatibility (EMC) has made the issue of noise suppression important. Some of the examples of noise suppression components are electromagnetic interference suppression filter which is an electronic component which provides electromagnetic noise suppression techniques for electronic goods. The function of the e

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