LED grow lights are very beneficial for indoor farming and can offer a large amount of customization for farmers' specific needs with a low energy requirement. The LED grow lights with below 300 watt are projected to hold the majority of the global market share by 2035.
Global forecast market share of LED grow lights in 2035 by wattage
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Research Nester. (April 23, 2023). Global forecast market share of LED grow lights in 2035 by wattage [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1294993/global-led-grow-light-market-share/
Research Nester. "Global forecast market share of LED grow lights in 2035 by wattage." Chart. April 23, 2023. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1294993/global-led-grow-light-market-share/
Research Nester. (2023). Global forecast market share of LED grow lights in 2035 by wattage. Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1294993/global-led-grow-light-market-share/
Research Nester. "Global Forecast Market Share of Led Grow Lights in 2035 by Wattage." Statista, Statista Inc., 23 Apr 2023, https://www.statista.com/statistics/1294993/global-led-grow-light-market-share/
Research Nester, Global forecast market share of LED grow lights in 2035 by wattage Statista, https://www.statista.com/statistics/1294993/global-led-grow-light-market-share/ (last visited July 27, 2024)
Global forecast market share of LED grow lights in 2035 by wattage [Graph], Research Nester, April 23, 2023. [Online]. Available: https://www.statista.com/statistics/1294993/global-led-grow-light-market-share/