Grow light is an electronic source of light used to stimulate plant growth artificially as it is designed to emit electromagnetic radiation similar to that required for photosynthesis. They are majorly used as indoor lighting systems that is right for the particular plant species to be grown and can be deployed for both on and off earth applications. The plants grown in space can be used as replacement of nutrient pills for astronauts and cosmonauts. The grow lights are emerging as an opportunity as a means of food production in the space for extra-terrestrial colonization. The blue LEDs are key for the vegetative growth stage in a plant, while the red LEDs drive fruiting and flowering.
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This rapidly growing marketplace seeks to boost productivity in greenhouses and indoor commercial plant farming. Now-a-days, indoor farming has been evolving due to the increasing adoption of farm-to-table concept and surging demand for organic foods. Under the farm-to-table concept, restaurants and cafeterias directly acquire from local food producers, in which indoor farming is helpful. Organic food on the other hand also promotes indoor farming which has been imparting positive impact on the grow lights market. Inside the doors, one can control the environment better for organics.
As the farmers tend to optimize plant production, the grow light manufacturing companies seek to form light recipes for specific plants, with the idea of patenting these recipes. However, each plant species often reacts differently to different recipes and different species of the same plant also seem to react differently. Also, one plant may require different wavelengths of light depending on where it is at in its growth stage.
The concept of multi-layer farming, has been evolving to increase the yield in the per unit area of the field, which leads to the idea of city farming. Besides, the evolving acceptance of Marijuana for medical and recreational purposes in indoor farming has also been observed in the grow lights market. Medical Marijuana is legal for use in 28 U.S.
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As the world population increases at an alarming rate every year, the growing demand for food production is a major driver for the increase in adoption of alternative advanced methods to match with the escalating food demand. The major advantages of grow lights growth chambers include round the year production feature, elimination of the need to use pesticides or herbicides, no crop failures due to undesirable weather conditions. Controlled environment agriculture is thus gradually revolutionizing the farming and food industry, and is consequently driving the grow lights market. Some countries having limited arable land and which were mainly reliant on importing fresh produce, now also have the option to grow much of their requirements locally, with the help of grow lights.
The grow light technology is in its evolutionary stage, where LED grow lights have begun to replace the traditional high intensity discharge (HID) grow lights due to the advantages of compact size, customization of grow light spectrum, low power consumption and low maintenance cost. The higher deployment cost of a more advanced technology slows down the market growth to some extent. However, lower maintenance cost in the long run mostly offsets the hindrance of initial costing.
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