Plant LED Grow Light Market, Global Outlook and Forecast 2024-2031
Light-Emitting Diode (LED) grow light is a specialized kind of LED lighting system, which is witnessing increased adoption across all application areas.
This report aims to provide a comprehensive presentation of the global market for Plant LED Grow Light, 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 Plant LED Grow Light. This report contains market size and forecasts of Plant LED Grow Light in global, including the following market information:
Global Plant LED Grow Light Market Revenue, 2019-2024, 2024-2029, ($ millions)
Global Plant LED Grow Light Market Sales, 2019-2024, 2024-2029, (K Units)
Global top five Plant LED Grow Light companies in 2023 (%)
The global Plant LED Grow Light market was valued at US$ million in 2023 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.
Many countries in developed regions such as North America and Europe are using LED grow light in their commercial greenhouses.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Plant LED Grow Light manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Plant LED Grow Light Market, by Type, 2019-2024, 2024-2029 ($ Millions) & (K Units)
Global Plant LED Grow Light Market Segment Percentages, by Type, 2023 (%)
High Power (?300W)
Low Power (?300W)
Global Plant LED Grow Light Market, by Application, 2019-2024, 2024-2029 ($ Millions) & (K Units)
Global Plant LED Grow Light Market Segment Percentages, by Application, 2023 (%)
Commercial Greenhouses
Indoor Grow Facilities
Research Applications
Global Plant LED Grow Light Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions) & (K Units)
Global Plant LED Grow Light Market Segment Percentages, By Region and Country, 2023 (%)
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 Plant LED Grow Light revenues in global market, 2019-2024 (Estimated), ($ millions)
Key companies Plant LED Grow Light revenues share in global market, 2023 (%)
Key companies Plant LED Grow Light sales in global market, 2019-2024 (Estimated), (K Units)
Key companies Plant LED Grow Light sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Plant LED Grow Light, market overview.
Chapter 2: Global Plant LED Grow Light market size in revenue and volume.
Chapter 3: Detailed analysis of Plant LED Grow Light manufacturers competitive landscape, price, sales and revenue 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 Plant LED Grow Light 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: Global Plant LED Grow Light capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
