LED Grow Lights Market Report and Industry Size (2019-2024)

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The LED grow lights market has gained traction due to their distinctive nature of energy efficiency as compared to traditional grow lights such as HPS or HID lamps. These fixtures benefit the consumers with low power consumption while promoting higher yields and maintaining a longer operating life. LED grow lights are better than HID, HPS, and compact fluorescent lights (CFL) lights as they emit high intensity light while consuming lesser electrical energy. 

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In livestock farms, a grow light that releases adequate heat as well as consumes low power is preferred. Since livestock farms are spread over a considerably large area, the cost implication of using LED grow lights in the same needs to be evaluated in terms of efficiency and the area across which a particular LED grow light can emit light

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The LED grow lights are classified into two major categories on the basis of power consumption: low power consumption and high-power consumption. The power consumption depends on the intensity of light produced, the size of application and the technology used by the companies. Low power consuming LED grow lights consume X-XX watts on an average, whereas high power consuming LED grow lights consume XX watts or more on an average. 

Since the manufacturers of the LED grow lights market offer both individual components and assembled lights, both these types have been accounted for with respect to consumption of electricity. The individual components of the LED grow lights consume less power as compared to assembled LED grow lights.

Thus, a further classification of the low power consuming LED grow lights can be individual components and assembled LED grow lights that consume less than XX watts.

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