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Global LED Grow Lights for Indoor Plants Market Research Report 2024
Synopsis
LED grow lights for indoor plants are specialized lighting fixtures designed to provide artificial light that mimics the natural sunlight spectrum needed for plant growth. These lights are commonly used in indoor gardening, hydroponics, and indoor farming to support plant growth and cultivation in environments with limited access to natural sunlight.
Global LED Grow Lights for Indoor Plants market is projected to reach US$ 3892.8 million in 2029, increasing from US$ 1222 million in 2022, with the CAGR of 18.0% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole LED Grow Lights for Indoor Plants market research.
The global LED grow lights market for indoor plants has been witnessing significant growth in recent years. The increasing popularity of indoor gardening, urban farming, and the need to optimize plant growth in controlled environments have been driving the demand for LED grow lights. The rise in urbanization and limited outdoor gardening space has led to an increased interest in indoor gardening among urban dwellers. LED grow lights provide an efficient and convenient solution to grow plants indoors without relying solely on natural sunlight. Continuous advancements in LED technology have resulted in more energy-efficient and cost-effective LED grow lights. Improved spectral control, higher light output, and customizable features have enhanced their appeal to indoor growers. LED grow lights play a crucial role in indoor farming and vertical farming setups, where crops are grown in stacked layers or controlled environments. The ability to provide tailored light spectra to different plant species and growth stages contributes to higher yields and year-round cultivation. The LED grow lights market for indoor plants is globally distributed, with significant demand observed in regions such as North America, Europe, Asia-Pacific, and other parts of the world. North America and Europe have been early adopters of indoor gardening and advanced agricultural practices, contributing to the market's growth in these regions. While LED grow lights have gained popularity, they face competition from other artificial lighting solutions and traditional high-intensity discharge (HID) grow lights. However, ongoing research and development to improve LED technology, coupled with increasing awareness of the benefits of LED grow lights, are expected to drive further market expansion.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global LED Grow Lights for Indoor Plants market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Signify
GE Lighting
Gavita
Osram
Hubbell Lighting
Everlight Electronics
Kessil
Cree
Illumitex
Senmatic A/S
Valoya
Heliospectra
Cidly
Ohmax Optoelectronic
Vipple
Segment by Type
Partial Spectrum Light
Full Spectrum Light
Segment by Application
Home Gardening
Commercial Cultivation
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The LED Grow Lights for Indoor Plants report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
LED grow lights for indoor plants are specialized lighting fixtures designed to provide artificial light that mimics the natural sunlight spectrum needed for plant growth. These lights are commonly used in indoor gardening, hydroponics, and indoor farming to support plant growth and cultivation in environments with limited access to natural sunlight.
Global LED Grow Lights for Indoor Plants market is projected to reach US$ 3892.8 million in 2029, increasing from US$ 1222 million in 2022, with the CAGR of 18.0% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole LED Grow Lights for Indoor Plants market research.
The global LED grow lights market for indoor plants has been witnessing significant growth in recent years. The increasing popularity of indoor gardening, urban farming, and the need to optimize plant growth in controlled environments have been driving the demand for LED grow lights. The rise in urbanization and limited outdoor gardening space has led to an increased interest in indoor gardening among urban dwellers. LED grow lights provide an efficient and convenient solution to grow plants indoors without relying solely on natural sunlight. Continuous advancements in LED technology have resulted in more energy-efficient and cost-effective LED grow lights. Improved spectral control, higher light output, and customizable features have enhanced their appeal to indoor growers. LED grow lights play a crucial role in indoor farming and vertical farming setups, where crops are grown in stacked layers or controlled environments. The ability to provide tailored light spectra to different plant species and growth stages contributes to higher yields and year-round cultivation. The LED grow lights market for indoor plants is globally distributed, with significant demand observed in regions such as North America, Europe, Asia-Pacific, and other parts of the world. North America and Europe have been early adopters of indoor gardening and advanced agricultural practices, contributing to the market's growth in these regions. While LED grow lights have gained popularity, they face competition from other artificial lighting solutions and traditional high-intensity discharge (HID) grow lights. However, ongoing research and development to improve LED technology, coupled with increasing awareness of the benefits of LED grow lights, are expected to drive further market expansion.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global LED Grow Lights for Indoor Plants market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Signify
GE Lighting
Gavita
Osram
Hubbell Lighting
Everlight Electronics
Kessil
Cree
Illumitex
Senmatic A/S
Valoya
Heliospectra
Cidly
Ohmax Optoelectronic
Vipple
Segment by Type
Partial Spectrum Light
Full Spectrum Light
Segment by Application
Home Gardening
Commercial Cultivation
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The LED Grow Lights for Indoor Plants report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Index1 LED Grow Lights for Indoor Plants Market Overview
1.1 Product Definition
1.2 LED Grow Lights for Indoor Plants Segment by Type
1.2.1 Global LED Grow Lights for Indoor Plants Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 Partial Spectrum Light
1.2.3 Full Spectrum Light
1.3 LED Grow Lights for Indoor Plants Segment by Application
1.3.1 Global LED Grow Lights for Indoor Plants Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Home Gardening
1.3.3 Commercial Cultivation
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global LED Grow Lights for Indoor Plants Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global LED Grow Lights for Indoor Plants Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global LED Grow Lights for Indoor Plants Production Estimates and Forecasts (2018-2029)
1.4.4 Global LED Grow Lights for Indoor Plants Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global LED Grow Lights for Indoor Plants Production Market Share by Manufacturers (2018-2023)
2.2 Global LED Grow Lights for Indoor Plants Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of LED Grow Lights for Indoor Plants, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global LED Grow Lights for Indoor Plants Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global LED Grow Lights for Indoor Plants Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of LED Grow Lights for Indoor Plants, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of LED Grow Lights for Indoor Plants, Product Offered and Application
2.8 Global Key Manufacturers of LED Grow Lights for Indoor Plants, Date of Enter into This Industry
2.9 LED Grow Lights for Indoor Plants Market Competitive Situation and Trends
2.9.1 LED Grow Lights for Indoor Plants Market Concentration Rate
2.9.2 Global 5 and 10 Largest LED Grow Lights for Indoor Plants Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 LED Grow Lights for Indoor Plants Production by Region
3.1 Global LED Grow Lights for Indoor Plants Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global LED Grow Lights for Indoor Plants Production Value by Region (2018-2029)
3.2.1 Global LED Grow Lights for Indoor Plants Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of LED Grow Lights for Indoor Plants by Region (2024-2029)
3.3 Global LED Grow Lights for Indoor Plants Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global LED Grow Lights for Indoor Plants Production by Region (2018-2029)
3.4.1 Global LED Grow Lights for Indoor Plants Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of LED Grow Lights for Indoor Plants by Region (2024-2029)
3.5 Global LED Grow Lights for Indoor Plants Market Price Analysis by Region (2018-2023)
3.6 Global LED Grow Lights for Indoor Plants Production and Value, Year-over-Year Growth
3.6.1 North America LED Grow Lights for Indoor Plants Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe LED Grow Lights for Indoor Plants Production Value Estimates and Forecasts (2018-2029)
3.6.3 China LED Grow Lights for Indoor Plants Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan LED Grow Lights for Indoor Plants Production Value Estimates and Forecasts (2018-2029)
4 LED Grow Lights for Indoor Plants Consumption by Region
4.1 Global LED Grow Lights for Indoor Plants Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global LED Grow Lights for Indoor Plants Consumption by Region (2018-2029)
4.2.1 Global LED Grow Lights for Indoor Plants Consumption by Region (2018-2023)
4.2.2 Global LED Grow Lights for Indoor Plants Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America LED Grow Lights for Indoor Plants Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America LED Grow Lights for Indoor Plants Consumption by Country (2018-2029)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe LED Grow Lights for Indoor Plants Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe LED Grow Lights for Indoor Plants Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific LED Grow Lights for Indoor Plants Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific LED Grow Lights for Indoor Plants Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa LED Grow Lights for Indoor Plants Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa LED Grow Lights for Indoor Plants Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global LED Grow Lights for Indoor Plants Production by Type (2018-2029)
5.1.1 Global LED Grow Lights for Indoor Plants Production by Type (2018-2023)
5.1.2 Global LED Grow Lights for Indoor Plants Production by Type (2024-2029)
5.1.3 Global LED Grow Lights for Indoor Plants Production Market Share by Type (2018-2029)
5.2 Global LED Grow Lights for Indoor Plants Production Value by Type (2018-2029)
5.2.1 Global LED Grow Lights for Indoor Plants Production Value by Type (2018-2023)
5.2.2 Global LED Grow Lights for Indoor Plants Production Value by Type (2024-2029)
5.2.3 Global LED Grow Lights for Indoor Plants Production Value Market Share by Type (2018-2029)
5.3 Global LED Grow Lights for Indoor Plants Price by Type (2018-2029)
6 Segment by Application
6.1 Global LED Grow Lights for Indoor Plants Production by Application (2018-2029)
6.1.1 Global LED Grow Lights for Indoor Plants Production by Application (2018-2023)
6.1.2 Global LED Grow Lights for Indoor Plants Production by Application (2024-2029)
6.1.3 Global LED Grow Lights for Indoor Plants Production Market Share by Application (2018-2029)
6.2 Global LED Grow Lights for Indoor Plants Production Value by Application (2018-2029)
6.2.1 Global LED Grow Lights for Indoor Plants Production Value by Application (2018-2023)
6.2.2 Global LED Grow Lights for Indoor Plants Production Value by Application (2024-2029)
6.2.3 Global LED Grow Lights for Indoor Plants Production Value Market Share by Application (2018-2029)
6.3 Global LED Grow Lights for Indoor Plants Price by Application (2018-2029)
7 Key Companies Profiled
7.1 Signify
7.1.1 Signify LED Grow Lights for Indoor Plants Corporation Information
7.1.2 Signify LED Grow Lights for Indoor Plants Product Portfolio
7.1.3 Signify LED Grow Lights for Indoor Plants Production, Value, Price and Gross Margin (2018-2023)
7.1.4 Signify Main Business and Markets Served
7.1.5 Signify Recent Developments/Updates
7.2 GE Lighting
7.2.1 GE Lighting LED Grow Lights for Indoor Plants Corporation Information
7.2.2 GE Lighting LED Grow Lights for Indoor Plants Product Portfolio
7.2.3 GE Lighting LED Grow Lights for Indoor Plants Production, Value, Price and Gross Margin (2018-2023)
7.2.4 GE Lighting Main Business and Markets Served
7.2.5 GE Lighting Recent Developments/Updates
7.3 Gavita
7.3.1 Gavita LED Grow Lights for Indoor Plants Corporation Information
7.3.2 Gavita LED Grow Lights for Indoor Plants Product Portfolio
7.3.3 Gavita LED Grow Lights for Indoor Plants Production, Value, Price and Gross Margin (2018-2023)
7.3.4 Gavita Main Business and Markets Served
7.3.5 Gavita Recent Developments/Updates
7.4 Osram
7.4.1 Osram LED Grow Lights for Indoor Plants Corporation Information
7.4.2 Osram LED Grow Lights for Indoor Plants Product Portfolio
7.4.3 Osram LED Grow Lights for Indoor Plants Production, Value, Price and Gross Margin (2018-2023)
7.4.4 Osram Main Business and Markets Served
7.4.5 Osram Recent Developments/Updates
7.5 Hubbell Lighting
7.5.1 Hubbell Lighting LED Grow Lights for Indoor Plants Corporation Information
7.5.2 Hubbell Lighting LED Grow Lights for Indoor Plants Product Portfolio
7.5.3 Hubbell Lighting LED Grow Lights for Indoor Plants Production, Value, Price and Gross Margin (2018-2023)
7.5.4 Hubbell Lighting Main Business and Markets Served
7.5.5 Hubbell Lighting Recent Developments/Updates
7.6 Everlight Electronics
7.6.1 Everlight Electronics LED Grow Lights for Indoor Plants Corporation Information
7.6.2 Everlight Electronics LED Grow Lights for Indoor Plants Product Portfolio
7.6.3 Everlight Electronics LED Grow Lights for Indoor Plants Production, Value, Price and Gross Margin (2018-2023)
7.6.4 Everlight Electronics Main Business and Markets Served
7.6.5 Everlight Electronics Recent Developments/Updates
7.7 Kessil
7.7.1 Kessil LED Grow Lights for Indoor Plants Corporation Information
7.7.2 Kessil LED Grow Lights for Indoor Plants Product Portfolio
7.7.3 Kessil LED Grow Lights for Indoor Plants Production, Value, Price and Gross Margin (2018-2023)
7.7.4 Kessil Main Business and Markets Served
7.7.5 Kessil Recent Developments/Updates
7.8 Cree
7.8.1 Cree LED Grow Lights for Indoor Plants Corporation Information
7.8.2 Cree LED Grow Lights for Indoor Plants Product Portfolio
7.8.3 Cree LED Grow Lights for Indoor Plants Production, Value, Price and Gross Margin (2018-2023)
7.8.4 Cree Main Business and Markets Served
7.7.5 Cree Recent Developments/Updates
7.9 Illumitex
7.9.1 Illumitex LED Grow Lights for Indoor Plants Corporation Information
7.9.2 Illumitex LED Grow Lights for Indoor Plants Product Portfolio
7.9.3 Illumitex LED Grow Lights for Indoor Plants Production, Value, Price and Gross Margin (2018-2023)
7.9.4 Illumitex Main Business and Markets Served
7.9.5 Illumitex Recent Developments/Updates
7.10 Senmatic A/S
7.10.1 Senmatic A/S LED Grow Lights for Indoor Plants Corporation Information
7.10.2 Senmatic A/S LED Grow Lights for Indoor Plants Product Portfolio
7.10.3 Senmatic A/S LED Grow Lights for Indoor Plants Production, Value, Price and Gross Margin (2018-2023)
7.10.4 Senmatic A/S Main Business and Markets Served
7.10.5 Senmatic A/S Recent Developments/Updates
7.11 Valoya
7.11.1 Valoya LED Grow Lights for Indoor Plants Corporation Information
7.11.2 Valoya LED Grow Lights for Indoor Plants Product Portfolio
7.11.3 Valoya LED Grow Lights for Indoor Plants Production, Value, Price and Gross Margin (2018-2023)
7.11.4 Valoya Main Business and Markets Served
7.11.5 Valoya Recent Developments/Updates
7.12 Heliospectra
7.12.1 Heliospectra LED Grow Lights for Indoor Plants Corporation Information
7.12.2 Heliospectra LED Grow Lights for Indoor Plants Product Portfolio
7.12.3 Heliospectra LED Grow Lights for Indoor Plants Production, Value, Price and Gross Margin (2018-2023)
7.12.4 Heliospectra Main Business and Markets Served
7.12.5 Heliospectra Recent Developments/Updates
7.13 Cidly
7.13.1 Cidly LED Grow Lights for Indoor Plants Corporation Information
7.13.2 Cidly LED Grow Lights for Indoor Plants Product Portfolio
7.13.3 Cidly LED Grow Lights for Indoor Plants Production, Value, Price and Gross Margin (2018-2023)
7.13.4 Cidly Main Business and Markets Served
7.13.5 Cidly Recent Developments/Updates
7.14 Ohmax Optoelectronic
7.14.1 Ohmax Optoelectronic LED Grow Lights for Indoor Plants Corporation Information
7.14.2 Ohmax Optoelectronic LED Grow Lights for Indoor Plants Product Portfolio
7.14.3 Ohmax Optoelectronic LED Grow Lights for Indoor Plants Production, Value, Price and Gross Margin (2018-2023)
7.14.4 Ohmax Optoelectronic Main Business and Markets Served
7.14.5 Ohmax Optoelectronic Recent Developments/Updates
7.15 Vipple
7.15.1 Vipple LED Grow Lights for Indoor Plants Corporation Information
7.15.2 Vipple LED Grow Lights for Indoor Plants Product Portfolio
7.15.3 Vipple LED Grow Lights for Indoor Plants Production, Value, Price and Gross Margin (2018-2023)
7.15.4 Vipple Main Business and Markets Served
7.15.5 Vipple Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 LED Grow Lights for Indoor Plants Industry Chain Analysis
8.2 LED Grow Lights for Indoor Plants Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 LED Grow Lights for Indoor Plants Production Mode & Process
8.4 LED Grow Lights for Indoor Plants Sales and Marketing
8.4.1 LED Grow Lights for Indoor Plants Sales Channels
8.4.2 LED Grow Lights for Indoor Plants Distributors
8.5 LED Grow Lights for Indoor Plants Customers
9 LED Grow Lights for Indoor Plants Market Dynamics
9.1 LED Grow Lights for Indoor Plants Industry Trends
9.2 LED Grow Lights for Indoor Plants Market Drivers
9.3 LED Grow Lights for Indoor Plants Market Challenges
9.4 LED Grow Lights for Indoor Plants Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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