Increasing application of LED grow lights among indoor farming, vertical farming, commercial greenhouses is fuelling growth of the global market. Increasing popularity of indoor farming, favourable initiatives of governments authorities of various countries for adoption of LED lights are some of the major factors creating positive impact on global market growth. In addition, rising demand for long-lasting and energy-efficient lighting technology as a supplement for natural lighting for growth of the plan is a factor supporting growth of the global market.
Nanoco Group Plc (LON:NANO) leads the world in the research, development and large-scale manufacture of heavy-metal free quantum dots and semiconductor nanoparticles for use in displays, lighting, solar energy and bio-imaging.