Global LED Grow light Market Report, History and Forecast 2018-2034, Breakdown Data by Manufacturers, Key Regions, Types and Application
Published on: 2024-01-04 | No of Pages : 400 | Industry : Agriculture
Publisher : MRA | Format : PDF
Global LED Grow light Market Report, History and Forecast 2018-2034, Breakdown Data by Manufacturers, Key Regions, Types and Application
LED 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 report published by MRAResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global LED Grow light market is projected to reach US$ 3943.8 million in 2033, increasing from US$ 1222.2 million in 2022, with the CAGR of 18.0% during the period of 2023 to 2033. Demand from Commercial Greenhouse and Indoor Growing Facilities are the major drivers for the industry.
According to types, the most proportion of the LED Grow Lights is Partial Spectrum Light, taking about 75% share of global market in 2020. The most proportion of LED Grow Lights is used for Commercial Greenhouse and the proportion is about 65% in 2020.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2033), aims to help readers to get a comprehensive understanding of global LED Grow light market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
Manufacturers, Type, Application and Regions Listed in the Report
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
Segment by Type
Hemp Growing Lamp
Fruit and Vegetable Flower Growing Lamp
Lawn Patch Light
Others
Commercial Greenhouse
Indoor Growing Facilities
Research and Application
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Each chapter of the report provides detailed information for readers to understand the LED Grow light market further
Chapter 1Product Definition, Product Types, Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 2Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers’ commercial date of LED Grow light, product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the LED Grow light industry.
Chapter 3Historical (2018-2022) and forecast (2023-2033) volume and revenue analysis of LED Grow light in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Chapter 4Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 5 to 9Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis.
Chapter 10Manufacturers’ Outline, covering company’s basic information like headquarter, contact information, major business, LED Grow light introduction, etc. LED Grow light Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part.
Chapter 11Industry Chain, like raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter.
Chapter 12Market Channel, Distributors and Customers are listed.
Chapter 13MRAResearch’s Conclusions of LED Grow light market based on comprehensive survey.
Chapter 14Methodology and Data Sources adopted by MRAResearch.
LED Grow light report published by MRAResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global LED Grow light market is projected to reach US$ 3943.8 million in 2033, increasing from US$ 1222.2 million in 2022, with the CAGR of 18.0% during the period of 2023 to 2033. Demand from Commercial Greenhouse and Indoor Growing Facilities are the major drivers for the industry.
According to types, the most proportion of the LED Grow Lights is Partial Spectrum Light, taking about 75% share of global market in 2020. The most proportion of LED Grow Lights is used for Commercial Greenhouse and the proportion is about 65% in 2020.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2033), aims to help readers to get a comprehensive understanding of global LED Grow light market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
Manufacturers, Type, Application and Regions Listed in the Report
By Company
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
Segment by Type
Hemp Growing Lamp
Fruit and Vegetable Flower Growing Lamp
Lawn Patch Light
Others
Segment by Application
Commercial Greenhouse
Indoor Growing Facilities
Research and Application
Segment by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Each chapter of the report provides detailed information for readers to understand the LED Grow light market further
Chapter 1Product Definition, Product Types, Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 2Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers’ commercial date of LED Grow light, product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the LED Grow light industry.
Chapter 3Historical (2018-2022) and forecast (2023-2033) volume and revenue analysis of LED Grow light in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Chapter 4Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 5 to 9Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis.
Chapter 10Manufacturers’ Outline, covering company’s basic information like headquarter, contact information, major business, LED Grow light introduction, etc. LED Grow light Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part.
Chapter 11Industry Chain, like raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter.
Chapter 12Market Channel, Distributors and Customers are listed.
Chapter 13MRAResearch’s Conclusions of LED Grow light market based on comprehensive survey.
Chapter 14Methodology and Data Sources adopted by MRAResearch.