Tag: Electric Light

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Grow Light Market – Growth Opportunities and Challenges Over 2018-2024

robertserry

Grow Light Market size is expected to register a high CAGR during the forecast period led by rising food needs owing to unprecedented growth in the global population. The UN Food and Agriculture Organization reported that the world population is poised to grow by over a third or 2.3 billion from 2009 to 2050, making food supply a prime issue owing to the limitation of farming space. This technology aids in tackling these issues by extending the daylight hours available for the growth of vegetation by using a full-spectrum of artificial illumination, which comprises the same elements found in the … Continue reading Grow Light Market – Growth Opportunities and Challenges Over 2018-2024

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Lamp Market Present Scenario and Growth Prospects from 2017 to 2024

robertserry

Lamp market is generating significant momentum in the overall lighting industry as the market players are launching a wide range of product portfolios with low pricing strategies to compete with other LED counterparts. The overall cost effectiveness and low replacement prices of these lamps have enabled extensive product penetration in the public and government infrastructure such as highways, stations, etc. Government initiatives undertaken to develop the rural areas of the emerging economies will fuel the growth of lamp market. The global lamp industry is characterized by extensive product deployment not only from the residential sector, but also from the automotive, … Continue reading Lamp Market Present Scenario and Growth Prospects from 2017 to 2024