LumiGrow, Inc.

LumiGrow, Inc. Overview

Company Headquarters: US

Founded: 2007

Workforce: ~ 50

Company Working: LumiGrow, Inc. is one of the leading providers of energy-efficient lighting solutions (smart lighting and adjustable spectrum LEDs), these solutions are mainly used for commercial agriculture and horticultural research. The company has its in-house LumiGrow Research Group working directly with major commercial enterprises and research institutions which help the company to drive product innovation and enhance quality. The company has its partners in countries including Canada, Australia, India, and the UAE among others. The company’s solutions are used to grow vine crops and cannabis and in floriculture among other applications.

Strategy

LumiGrow, Inc. focuses on ensuring the customer’s needs are fulfilled by following the standards set by governments. It aims at inspecting product-related issues together with customers and recommend innovative technologies that help them accelerate their business.

Company Snapshot

50

Employees

2007

Founded

US

Headquarters

SWOT Analysis

Strengths

Diversified geographic operations
Innovation capabilities

Weaknesses

Limited product offering

Opportunities

Launch of new product enhances product portfolio
Growth initiatives strengthen its market position

Threats

Intense competition

Key Developments

Date	Approach	Development
March 2018	Partnership	LumiGrow Inc. partnered with Lighting Plus Wholesale, a provider of lighting and HVAC solutions. This partnership helped LumiGrow in expanding its services and local support.
November 2018	Product Launch	LumiGrow Inc. launched a new LED lighting system for commercial greenhouse and indoor crop production. The LumiGrow TopLight is an LED fixture comprising 2 light bars which help in optimizing crop yields and cost.
January 2017	Product Launch	LumiGrow Inc. launched the Pro Series E horticultural lighting solution, with cloud-based wireless control. It can be used from any phone, tablet, or computer using SmartPAR Wireless Control System

Product Offering

LumiGrow, Inc.
- Horticulture Lighting

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