Global LED Plant Lighting Market Growth 2023-2029
LPI (LP Information)' newest research report, the “LED Plant Lighting Industry Forecast” looks at past sales and reviews total world LED Plant Lighting sales in 2022, providing a comprehensive analysis by region and market sector of projected LED Plant Lighting sales for 2023 through 2029. With LED Plant Lighting sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world LED Plant Lighting industry.
This Insight Report provides a comprehensive analysis of the global LED Plant Lighting 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 Plant Lighting portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global LED Plant Lighting market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LED Plant Lighting 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 Plant Lighting.
The global LED Plant Lighting 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 Plant Lighting 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 Plant Lighting 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 Plant Lighting 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 Plant Lighting players cover GE, Philips, Hydrofarm, Lithonia, Aerogarden, Feit Electric, Satco, Sunlight Supply and Sylvania, 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 Plant Lighting market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Below 200W
200-600W
Above 600W
Segmentation by application
Commercial Greenhouses
Research
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.
GE
Philips
Hydrofarm
Lithonia
Aerogarden
Feit Electric
Satco
Sunlight Supply
Sylvania
Sanan Optoelectronics Co.,Ltd.
Focus Lightings Tech Co.,Ltd.
Osram
Foshan Electrical and Lighting
Key Questions Addressed in this Report
What is the 10-year outlook for the global LED Plant Lighting market?
What factors are driving LED Plant Lighting market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do LED Plant Lighting market opportunities vary by end market size?
How does LED Plant Lighting 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.
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