Smart Horticulture LED Lighting Market, Global Outlook and Forecast 2023-2030
In smart farming, natural light is replaced with smart LED/ light-emitting diode lighting which has the ability to manipulate and control light to promote and improve plant growth, enhance the energy efficiency, and render sustainable farming.
This report aims to provide a comprehensive presentation of the global market for Smart Horticulture LED Lighting, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Horticulture LED Lighting. This report contains market size and forecasts of Smart Horticulture LED Lighting in global, including the following market information:
- Global Smart Horticulture LED Lighting Market Revenue, 2018-2023, 2024-2030, ($ millions)
- Global top five companies in 2022 (%)
The global Smart Horticulture LED Lighting market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Smart LED Light Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Smart Horticulture LED Lighting include Urban-gro, LumiGrow, Sollum Technologies, G2V Optics, Agnetix, OSRAM GmbH, LED iBond, Atop Lighting and Kroptek, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Smart Horticulture LED Lighting companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Smart Horticulture LED Lighting Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Smart Horticulture LED Lighting Market Segment Percentages, by Type, 2022 (%)
- Smart LED Light
- Smart Software and Service
Global Smart Horticulture LED Lighting Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Smart Horticulture LED Lighting Market Segment Percentages, by Application, 2022 (%)
- Commercial Greenhouses
- Indoor Vertical Farms
- Hydroponics
- Plant Science Research
- Others
Global Smart Horticulture LED Lighting Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Smart Horticulture LED Lighting Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Smart Horticulture LED Lighting revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Smart Horticulture LED Lighting revenues share in global market, 2022 (%)
key players include:
- Urban-gro
- LumiGrow
- Sollum Technologies
- G2V Optics
- Agnetix
- OSRAM GmbH
- LED iBond
- Atop Lighting
- Kroptek
- Technical Consumer Products
- Heliospectra
- Illumitex
Outline of Major Chapters:
Chapter 1: Introduces the definition of Smart Horticulture LED Lighting, market overview.
Chapter 2: Global Smart Horticulture LED Lighting market size in revenue.
Chapter 3: Detailed analysis of Smart Horticulture LED Lighting company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Smart Horticulture LED Lighting in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
