Global Agricultural LED Plant Lights Market Growth 2023-2029

Global Agricultural LED Plant Lights Market Growth 2023-2029

Agricultural Plant Growth LED 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.

LPI (LP Information)' newest research report, the “Agricultural LED Plant Lights Industry Forecast” looks at past sales and reviews total world Agricultural LED Plant Lights sales in 2022, providing a comprehensive analysis by region and market sector of projected Agricultural LED Plant Lights sales for 2023 through 2029. With Agricultural LED Plant Lights sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Agricultural LED Plant Lights industry.

This Insight Report provides a comprehensive analysis of the global Agricultural LED Plant Lights landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Agricultural LED Plant Lights portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Agricultural LED Plant Lights market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Agricultural LED Plant Lights and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Agricultural LED Plant Lights.

The global Agricultural LED Plant Lights market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Agricultural LED Plant Lights is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Agricultural LED Plant Lights is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Agricultural LED Plant Lights is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Agricultural LED Plant Lights players cover Signify, General Electric, Kind LED, Osram, Everlight Electronics, Gavita, Hubbell Lighting, Kessil and Cree, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Agricultural LED Plant Lights market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Partial Spectrum Light
Full Spectrum Light

Segmentation by application
Greenhouse
Vertical Farming
Others Indoor Growing Facilities

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Signify
General Electric
Kind LED
Osram
Everlight Electronics
Gavita
Hubbell Lighting
Kessil
Cree
Lumigrow
Senmatic
Valoya
Heliospectra
Cidly
Ohmax Optoelectronic
AIS LED Light
Vipple
Growray
California Lightworks
VANQ Technology
Yaham Lighting
PARUS

Key Questions Addressed in this Report

What is the 10-year outlook for the global Agricultural LED Plant Lights market?

What factors are driving Agricultural LED Plant Lights market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Agricultural LED Plant Lights market opportunities vary by end market size?

How does Agricultural LED Plant Lights break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.