Market Share of Cannabis Lighting Industry
The cannabis lighting market is developing with the increasing legalization in the region and the growing cultivation of cannabis. The vendors of the cannabis lighting market partner with major commercial enterprises and research institutions to understand how light can be used to optimize crop production and how lighting efficiency can be better managed in the greenhouse and growth chambers. They also concentrate on product launches to gain a competitive advantage. A few recent developments are:
- October 2021 - OSRAM, an international provider of energy-efficient LED lighting resolutions for commercial cannabis and food production, announced that its high-output SPYDR 2h, SPYDR Fang, waterproof RAZR Enclosed, and next-generation RAPTR top lights, as well as its new lighting controls, Wireless Flex Dimming and the SHYFT Light Scheduler, will be unveiled at MJBizCon 2021.
- May 2021 - Thrive Agritech, Inc. has announced releasing the Apex LED grow light for high-intensity applications such as supplemental greenhouse lighting and source lighting for indoor farming.
Cannabis Lighting Market Leaders
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OSRAM Licht AG
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Gavita Holland BV
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Illumitex Inc.
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Signify Holding
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LumiGrow, Inc.
*Disclaimer: Major Players sorted in no particular order
