Global Horticultural LED Lighting Market Insights, Forecast to 2025

Horticultural LED Lighting is composed of light-emitting diodes, usually in a casing with a heat sink and built-in fans. Horticultural LED Lights do not usually require separate ballast and can be plugged directly into a standard electrical socket. Horticultural LED Lighting can act as daylight in the absence of sunlight, so that plants can be normal or better growth and development. Horticultural LED Lights have strong roots, encourage, adjust the flowering, color, to promote fruit ripening, color, and enhance the taste and quality of the role.
As for the horticultural LED lighting industry, the industry structure is relatively concentrated. The top 5 manufacturers occupied 41.67% of market share in 2016. The top 3 manufacturers are Philips, Osram and General Electric. The Philips which has 12.95% market share in 2016 is the leader in the LED Grow Lights industry. The manufacturers following Philips are Osram and Everlight Electronics which respectively has 9.62% and 9.00% market share in 2016.
Europe is the largest sales region for horticultural LED lighting which the number is about 1163K units with the market share of 32.24% in 2016. North America is the second largest sales region of horticultural LED lighting sales about 1116K Unit.
We believe horticultural LED lighting industry have lot connection with the upstream raw materials. With the development agriculture and LED light industry we tend to believe the future of horticultural LED lighting will be optimism.
The Horticultural LED Lighting market was valued at 940 Million US$ in 2018 and is projected to reach 940 Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Horticultural LED Lighting.

This report presents the worldwide Horticultural LED Lighting market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The following manufacturers are covered in this report:
Philips
Osram
Everlight Electronics
Hubbell Lighting
Cree
General Electric
Gavita
Kessil
Fionia Lighting
Illumitex
Lumigrow
Valoya
Cidly
Heliospectra AB
Ohmax Optoelectronic

Horticultural LED Lighting Breakdown Data by Type
Low Power (＜300W)
High Power (≥300W)
Horticultural LED Lighting Breakdown Data by Application
Commercial Greenhouse
Indoor and Vertical Farming
R&D

Horticultural LED Lighting Production by Region
United States
Europe
China
Japan
South Korea
Other Regions

Horticultural LED Lighting Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global Horticultural LED Lighting status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Horticultural LED Lighting manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Horticultural LED Lighting :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Horticultural LED Lighting market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Frequently Asked Questions