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    • Denggle > Lighting News >

    Lighting’s Next Crop

    Lighting’s Next Crop

    Source： archlighting.com 01 Feb 2018
    Light Lamp Technology

     

    One of the fastest-growing sectors in the lighting industry is grow lights. Defined as fixtures for indoor farming, commercial greenhouses, vertical farming, and research applications, this market segment was valued at $2.5 billion in 2016 and is expected to reach $5.11 billion by 2022, according to market research firm MarketsandMarkets.

     

    So why the increased demand for such a specialized type of luminaire and lighting system? Several factors are contributing to the interest in horticultural and agricultural lighting systems. First, greater attention is being paid to the correlation between world population growth and food supplies and prices. Crops, in both the developed and developing world, are at risk with the increase in number of climate-based and manmade disasters, which interrupt grow cycles, as well as the lack of access to clean water and ever diminishing water resources for many areas around the world.

     

    Second is the legalization of marijuana in the United States. According to Governing.com, as of March 2017, 26 states and the District of Columbia “currently have laws broadly legalizing marijuana in some form.” Medical usage has been the primary reason for the push to legalize the substance, but California, Colorado, Nevada, Oregon, Washington, Maine, Massachusetts, and the District of Columbia have also legalized marijuana for recreational use. And because marijuana cannot be transported across state lines, entire new industries are popping up in these states to meet the increased demand. According to an April 1 article in The New York Times, “A Real Estate Boom, Powered by Pot,” the demand for industrial and warehouse spaces has increased so dramatically that it has pushed commercial real estate values up by more than 50 percent in less desirable neighborhoods.

     

               Lighting’s Next Crop

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