Global LED Grow light Market Growth 2025-2031

Global LED Grow light Market Growth 2025-2031

The global LED Grow light market size is predicted to grow from US$ 1758 million in 2025 to US$ 4017 million in 2031; it is expected to grow at a CAGR of 14.8% from 2025 to 2031.

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.

LP Information, Inc. (LPI) ' newest research report, the “LED Grow light Industry Forecast” looks at past sales and reviews total world LED Grow light sales in 2024, providing a comprehensive analysis by region and market sector of projected LED Grow light sales for 2025 through 2031. With LED Grow light sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world LED Grow light industry.

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

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

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

Segmentation by Type:
Hemp Growing Lamp
Fruit and Vegetable Flower Growing Lamp
Lawn Patch Light
Others

Segmentation by Application:
Commercial Greenhouse
Indoor Growing Facilities
Research and Application

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 analysing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

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

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

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

How do LED Grow light market opportunities vary by end market size?

How does LED Grow light break out by Type, by Application?

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