Horticultural LED Lighting Market

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

Horticultural LED Lighting Market contains market size and forecasts of Horticultural LED Lighting in global, including the following market information:

Global Horticultural LED Lighting Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Horticultural LED Lighting Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Horticultural LED Lighting companies in 2021 (%)

The global Horticultural LED Lighting market was valued at 964.7 million in 2021 and is projected to reach US$ 2192.2 million by 2028, at a CAGR of 12.4% 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 (?300W) Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Horticultural LED Lighting include Philips, Osram, Everlight Electronics, Hubbell Lighting, Cree, General Electric, Gavita, Kessil and Fionia Lighting, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Horticultural LED Lighting 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 Horticultural LED Lighting Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Horticultural LED Lighting Market Segment Percentages, by Type, 2021 (%)

Low Power (?300W)

High Power (?300W)

Global Horticultural LED Lighting Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Horticultural LED Lighting Market Segment Percentages, by Application, 2021 (%)

Commercial Greenhouse

Indoor and Vertical Farming

R&D

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

Global Horticultural LED Lighting 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 Horticultural LED Lighting revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Horticultural LED Lighting revenues share in global market, 2021 (%)

Key companies Horticultural LED Lighting sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Horticultural LED Lighting sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Philips

Osram

Everlight Electronics

Hubbell Lighting

Cree

General Electric

Gavita

Kessil

Fionia Lighting

Illumitex

Lumigrow

Valoya

Cidly

Heliospectra AB

Ohmax Optoelectronic