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Global grow light market value 2013-2023, by technology

Estimated market value of grow lights worldwide from 2013 to 2023, by technology (Figures expressed in millions of U.S. dollars, unless otherwise specified)

The data shows the estimated market value of grow lights worldwide from 2013 to 2023, by technology. In 2016, the global market value of fluorescent grow lights amounted to approx. 800 million USD and is forecasted to reach 1.58 billion dollars by 2023.

2013 650 630 550 180
2014 700 650 630 220
2015 760 700 730 220
2016 800 760 860 230
2017 900 760 990 300
2018 960 880 1160 250
2019 1030 980 1360 280
2020 1140 1060 1580 320
2021 1230 1160 1890 330
2022 1390 1260 2220 350
2023 1580 1430 2600 360