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Latin America Greenhouse Grow Light Market Analysis, Size, Share, Growth, Trends, and Forecasts

PressReleasePing - December 18, 2017 -The Latin America Greenhouse Grow Light Market was worth USD 440 million in 2016 and estimated to be growing at a CAGR of 10.6%, to reach USD 720 million by 2021. Grow lights, particularly LEDs are used in a huge range of farming-related applications, owing to the advantages they offer such as high low power consumption, reliability, and spectral intensity. Browse full report @ A greenhouse is a house made of glass. It has glass walls and a glass roof. People grow tomatoes and flowers and other plants in them. A greenhouse stays warm inside, even during winter. Sunlight shines in and warms the plants and air inside. Request sample report @ The Latin America Greenhouse Grow Light market is driven by the rise in adoption of greenhouses, owing to rapid innovation in technology and rising disposable incomes of people willing to invest in farming. Technological innovations have further helped in lowering the costs of necessary Grow Light which aids in increasing the feasibility of owning a greenhouse. The adoption of greenhouse adoption technologies and encouragement from governments also act as drivers of market growth. Inquire report @ Market Segmentation Spectrum  Introduction  Partial Spectrum  Full Spectrum  Y-o-Y Growth Analysis, By Spectrum  Market Attractiveness Analysis, By Spectrum  Market Share Analysis, By Spectrum Installation • Introduction • New Installation • Retrofit • Y-o-Y Growth Analysis, By Installation • Market Attractiveness Analysis, By Installation • Market Share Analysis, By Installation Application • Introduction • Indoor Farming • Vertical Farming • Greenhouse • TURF and Landscaping • Other Applications • Y-o-Y Growth Analysis, By Application • Market Attractiveness Analysis, By Application • Market Share Analysis, By Application Technology • Introduction • High-Intensity Discharge o High Pressure Sodium Lamp o Metal Halide Lamp • Fluorescent Lighting o T5 o CFL o LED • Other Technologies • Y-o-Y Growth Analysis, By Technology • Market Attractiveness Analysis, By Technology • Market Share Analysis, By Technology Latin America market region includes countries such as Brazil, Mexico, Argentina, and remaining countries of South America. The huge rise in spending in the Greenhouse Grow Light market has increased the demand in the market. Brazil is one of the largest markets in this region followed by Mexico, Argentina, and Columbia. The availability of large customer base with rising disposable incomes is set to drive the market in the foreseeable future. Request discount report @ The major players operating in the Latin America Greenhouse Grow Light industry include Royal Philips, General Electric Company, Osram Licht AG, Gavita Holland B.V, Lumigrow Inc., Heliospectra Ab., Iwasaki Electric Co., Ltd., Illumitex Inc., Hortilux Schreder B.V., and Sunlight Supply Inc. Buy now report @ About Market Data Forecast: Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, Contact: Abhishek Shukla Sales Manager (International Business Development) Market Data Forecast Direct Line: +1-888-702-9626 Mobile: +91 998 555 0206 Mail: Visit MarketDataForecast Blog @ View latest Press Releases of MDF @

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