Global LED Grow light Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

Global LED Grow light Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global LED Grow light market size was valued at US$ 1606 million in 2024 and is forecast to a readjusted size of USD 4038 million by 2031 with a CAGR of 13.9% during review period.

LED grow light 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.

The classification of LED Grow Lights includes Fruit and Vegetable Flower Growing Lamp, Hemp Growing Lamp, etc. In 2023, Fruit and Vegetable Flower Growing Lamp accounted for a share of 79% in the global LED Grow Lightsmarket.

LED Grow Lights is widely used in Commercial Greenhouse, Indoor Growing Facilities, etc. In LED Grow Lights market, the Commercial Greenhouse holds an important share in terms of Application.

Japan is the country with the fastest development of plant factories. The government of Japan took the lead in proposing a subsidy policy for plant factories in 2009, which led to the market demand for LED grow lights in this field.

Taiwan has also begun to smell the business opportunities of plant factories, and many LED companies have already begun to enter the market in this field. However, Taiwan is small and densely populated, and the development space is limited. Instead, the Chinese mainland market with vast land and resources is the target of all companies.

After the implementation of the Chinese central government in China, the market is optimistic that local governments will follow up more actively. And if we look at the attitude of the Chinese government to subsidize the LED industry in the past, the new business opportunities of LED grow lights led by plant factories will also make all companies look forward to it, and it is also the next niche market development opportunity for Taiwan LED factories. In the past, the cost of LED grow lights remained high, so plant factories mostly used fluorescent tubes or high-pressure sodium lamps. With the decline in LED prices and the improvement of technology, a new wave of progress has been made in the application of LED in plant factories. At present, there are not many manufacturers engaged in LED grow lights in China, and most of them are concentrated in Shenzhen.

At present, the sales of LED grow lights are concentrated in countries and regions with fewer agricultural workers, such as Japan, South Korea, China, and Europe. Plant lighting, which has long been very popular in Japan and South Korea, has recently begun to attract attention in China. The sales market of LED grow lights is concentrated in countries and regions with fewer agricultural workers, such as Japan, South Korea, China, and Europe. However, with the increase in the penetration rate of LED grow lights, the Chinese market has entered a period of explosive growth.

This report is a detailed and comprehensive analysis for global LED Grow light market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global LED Grow light market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global LED Grow light market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global LED Grow light market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global LED Grow light market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for LED Grow light

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global LED Grow light market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Signify, GE Lighting, ams OSRAM, Cree LED, Gavita, Everlight Electronics, Lumileds, Kessil, Valoya, Heliospectra AB, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

LED Grow light market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Hemp Growing Lamp
Fruit and Vegetable Flower Growing Lamp
Lawn Patch Light
Others

Market segment by Application
Commercial Greenhouse
Indoor Growing Facilities
Research and Application

Major players covered
Signify
GE Lighting
ams OSRAM
Cree LED
Gavita
Everlight Electronics
Lumileds
Kessil
Valoya
Heliospectra AB
Senmatic
AIS LED Light
Yaham Lighting
Longood
Growray
California Lightworks
SANANBIO
Up-shine Lighting

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe LED Grow light product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of LED Grow light, with price, sales quantity, revenue, and global market share of LED Grow light from 2020 to 2025.

Chapter 3, the LED Grow light competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the LED Grow light breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and LED Grow light market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of LED Grow light.

Chapter 14 and 15, to describe LED Grow light sales channel, distributors, customers, research findings and conclusion.