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Download Free sampleLED plant growth lamp is an artificial light source that uses LED (Light Emitting Diode) as the illuminant to meet the lighting conditions required for plant photosynthesis. In the absence of daylight, this light fixture can act as daylight, allowing plants to grow normally or better.
LED Grow light Market contains market size and forecasts of LED Grow light in global, including the following market information:
Global LED Grow light Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global LED Grow light Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five LED Grow light companies in 2021 (%)
The global LED Grow light market was valued at 1257.6 million in 2021 and is projected to reach US$ 3825.6 million by 2028, at a CAGR of 17.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Partial Spectrum Light Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of LED Grow light include Signify, General Electric, Osram, Everlight Electronics, Gavita, Hubbell Lighting, Kessil, Cree and Illumitex, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the LED Grow light manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global LED Grow light Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global LED Grow light Market Segment Percentages, by Type, 2021 (%)
Partial Spectrum Light
Full Spectrum Light
Global LED Grow light Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global LED Grow light Market Segment Percentages, by Application, 2021 (%)
Commercial Greenhouse
Indoor Growing Facilities
Research and Application
Global LED Grow light Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global LED Grow light Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies LED Grow light revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies LED Grow light revenues share in global market, 2021 (%)
Key companies LED Grow light sales in global market, 2017-2022 (Estimated), (K Units)
Key companies LED Grow light sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Signify
General Electric
Osram
Everlight Electronics
Gavita
Hubbell Lighting
Kessil
Cree
Illumitex
Lumigrow
Senmatic A/S
Valoya
Heliospectra AB
Cidly
Ohmax Optoelectronic
AIS LED Light
Vipple
Growray
California Lightworks
VANQ Technology
Yaham Lighting
PARUS
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Industry Market SizeSWOT AnalysisIndustry Major PlayersRevenue ForecastsHistorical and Forecast GrowthProfitability Analysis
