Global LED Farming Market Growth 2023-2029

Global LED Farming Market Growth 2023-2029

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

This Insight Report provides a comprehensive analysis of the global LED Farming 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 LED Farming portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global LED Farming market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LED Farming 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 LED Farming.

The global LED Farming 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 LED Farming 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 LED Farming 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 LED Farming is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key LED Farming players cover Scynce LED, Senmatic AS, Signify, Smart Grow Systems, Inc., California Lightworks, Cidly, Cree, Inc., EconoLux Industries Ltd. and Everlight Electronics Co., Ltd, 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 LED Farming market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
by Spectrum
Narrow
Broad
by Wattage
Low Power (<100 W)
Medium Power (100-300 W)
High Power (>300 W)

Segmentation by application
Indoor Farming
Vertical Farming
Commercial Greenhouse
Others

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.
Scynce LED
Senmatic AS
Signify
Smart Grow Systems, Inc.
California Lightworks
Cidly
Cree, Inc.
EconoLux Industries Ltd.
Everlight Electronics Co., Ltd
EYE HORTILUX
Gavita International B.V.
GE Lighting
General Electric Company
GlacialLight
Growray
Heliospectra AB
Hortilux Schréder
Hubbell Lighting
Illumitex
ILUMINAR Lighting
LumiGrow
Oreon
OSRAM Opto Semiconductors GmbH
Valoya
VANQ Technology
ViparSpectra
Vipple
Yaham Lighting
Black Dog Grow Technologies Inc.
Bridgelux, Inc
Active Grow
Aerofarms LLC
Agnetix
Agrolux BV
AIS LED Light
Alta LED
Telos Lighting
Thrive Agritech
PARsource
PARUS
Koninklijke Philips N.V.
Kroptek

Key Questions Addressed in this Report

What is the 10-year outlook for the global LED Farming market?

What factors are driving LED Farming market growth, globally and by region?

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

How do LED Farming market opportunities vary by end market size?

How does LED Farming 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.