Light-Emitting Diode (LED) Grow Lights Global Market Outlook to 2027, Market Share Analysis, Trends & Forecast
According to Stratistics MRC, the Global Light-Emitting Diode (LED) Grow Lights accounted for $546.08 million in 2019 and is expected to reach $2,896.41 million by 2027 growing at a CAGR of 23.2% during the forecast period. Need for energy-efficient and long-lasting lighting technology and rising trend of indoor farming would boost the adoption of light …