LED 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.
Horticulture LED Growth Light Market contains market size and forecasts of Horticulture LED Growth Light in global, including the following market information:
- Global Horticulture LED Growth Light Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global Horticulture LED Growth Light Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Horticulture LED Growth Light companies in 2021 (%)
The global Horticulture LED Growth 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 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Low Power (?300W) Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Horticulture LED Growth Light include Philip, 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 Horticulture LED Growth 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 Horticulture LED Growth Light Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Horticulture LED Growth Light Market Segment Percentages, by Type, 2021 (%)
- Low Power (?300W)
- High Power (?300W)
Global Horticulture LED Growth Light Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Horticulture LED Growth Light Market Segment Percentages, by Application, 2021 (%)
- Commercial Greenhouse
- Indoor and Vertical Farming
- Research and Development
- Others
Global Horticulture LED Growth Light Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Horticulture LED Growth 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 Horticulture LED Growth Light revenues in global market, 2017-2022 (Estimated), ($ millions)
- Key companies Horticulture LED Growth Light revenues share in global market, 2021 (%)
- Key companies Horticulture LED Growth Light sales in global market, 2017-2022 (Estimated), (K Units)
- Key companies Horticulture LED Growth Light sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Philip
- General Electric
- Osram
- Everlight Electronics
- Gavita
- Hubbell Lighting
- Kessil
- Cree
- Illumitex
- Lumigrow
- Fionia Lighting
- Valoya
- Heliospectra AB
- Cidly
- Senmatic A/S
- Vipple
- GrowRay
- Yaham Lighting
- PARUS
Industry Market Size
