LED Plant Grow Light Market

LED Plant Grow Lights are composed of light-emitting diodes, usually in a casing with a heat sink and built-in fans. LED grow lights do not usually require separate ballast and can be plugged directly into a standard electrical socket. LED grow lights can act as daylight in the absence of sunlight, so that plants can be normal or better growth and development. LED grow lights has strong roots, encourage, adjust the flowering, color, to promote fruit ripening, color, enhance the taste and quality of the role.

LED Plant Grow Light Market contains market size and forecasts of LED Plant Grow Light in global, including the following market information:

Global LED Plant Grow Light Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global LED Plant Grow Light Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five LED Plant Grow Light companies in 2021 (%)

The global LED Plant Grow Light market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Low Power (Below 300W) Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of LED Plant 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 Plant 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 Plant Grow Light Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global LED Plant Grow Light Market Segment Percentages, by Type, 2021 (%)

• Low Power (Below 300W)
• High Power (Above 300W)

Global LED Plant Grow Light Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global LED Plant Grow Light Market Segment Percentages, by Application, 2021 (%)

• Commercial Greenhouses
• Indoor Grow Facilities
• Research Applications

Global LED Plant Grow Light Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global LED Plant 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 Plant Grow Light revenues in global market, 2017-2022 (Estimated), ($ millions)
• Key companies LED Plant Grow Light revenues share in global market, 2021 (%)
• Key companies LED Plant Grow Light sales in global market, 2017-2022 (Estimated), (K Units)
• Key companies LED Plant 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
• Fionia Lighting
• Valoya
• Heliospectra AB
• Cidly
• Ohmax Optoelectronic