Global Plant LED Grow Light Market Growth 2023-2029

Global Plant LED Grow Light Market Growth 2023-2029

Light-Emitting Diode (LED) grow light is a specialized kind of LED lighting system, which is witnessing increased adoption across all application areas.

LPI (LP Information)' newest research report, the “Plant LED Grow Light Industry Forecast” looks at past sales and reviews total world Plant LED Grow Light sales in 2022, providing a comprehensive analysis by region and market sector of projected Plant LED Grow Light sales for 2023 through 2029. With Plant 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 Plant LED Grow Light industry.

This Insight Report provides a comprehensive analysis of the global Plant 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 Plant 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 Plant LED Grow Light market.

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

The global Plant LED Grow Light 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.

Many countries in developed regions such as North America and Europe are using LED grow light in their commercial greenhouses.

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

Market Segmentation:

Segmentation by type
High Power (≥300W)
Low Power (＜300W)

Segmentation by application
Commercial Greenhouses
Indoor Grow Facilities
Research Applications

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.
Philips
Osram
General Electric
Easy Agricultural
Illumitex
Fionia Lighting
Lumigrow
Kind LED Grow Lights
California LightWorks
Spectrum King Grow Lights
Valoya
Weshine
Apollo Horticulture
Kessil
Cidly
Heliospectra AB
LEDHYDROPONICS
Ohmax Optoelectronic
Zhicheng

Key Questions Addressed in this Report

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

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

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

How do Plant LED Grow Light market opportunities vary by end market size?

How does Plant LED Grow Light 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.