LED grow lights are the type of energy efficient lights that are used by indoor growers. As compared to other types of lighting, LED grow lights are the cooler, cost-effective and affordable in long run. Further, LED grow lights are capable of greater light intensity than fluorescent bulbs and are available in full as well as partial spectrum form.
Growing trend towards the indoor farming methods and rising popularity of commercial greenhouse for plant cultivation are found to be the key factors boosting the growth of LED grow lights market. Further governmental initiatives and incentives are anticipated to support the adoption of LED grow lights, propelling the market growth
Availability of alternative glow lights in the market is anticipated to affect the growth of LED grow lights market over the near future. There are various types of grow lights available in the market which include HID, Fluorescent, Induction, plasma, etc.
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.