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September 10, 2018
Geographically, Europe is expected to hold the dominant market share for grow light during the forecast period. The regional market is expected to rise to a valuation of US$1,961.3 mn by 2025. Growth will be mainly attributed to the booming horticulture and floriculture industries across the region, especially across the Netherlands. The presence of leading industry players, rising preference to urban farming practices, and the increasing adoption of grow lighting for the growth of vegetables, fruits, and flowers are also expected to drive the market in this region.
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