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Horticultural LED Lighting-Global Market Insights and Sales Trends 2024
Synopsis
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.
The global Horticultural LED Lighting market size is expected to reach US$ 2227.4 million by 2029, growing at a CAGR of 13.0% from 2023 to 2029. The market is mainly driven by the significant applications of Horticultural LED Lighting in various end use industries. The expanding demands from the Commercial Greenhouse, Indoor and Vertical Farming and R&D,, are propelling Horticultural LED Lighting market. Low Power (＜300W), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the High Power (≥300W) segment is estimated at % CAGR for the next seven-year period.
Philips, General Electric and Osram are the leading players in gardening LED lighting, which together account for about 30% of the market.
Europe and North America are the major markets, each accounting for about 35% of the market.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Horticultural LED Lighting, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Horticultural LED Lighting market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Horticultural LED Lighting market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Horticultural LED Lighting sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Horticultural LED Lighting covered in this report include Philips, Osram, Everlight Electronics, Hubbell Lighting, Cree, General Electric, Gavita, Kessil and Fionia Lighting, etc.
The global Horticultural LED Lighting market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Philips
Osram
Everlight Electronics
Hubbell Lighting
Cree
General Electric
Gavita
Kessil
Fionia Lighting
Illumitex
Lumigrow
Valoya
Cidly
Heliospectra AB
Ohmax Optoelectronic
Global Horticultural LED Lighting market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Horticultural LED Lighting market, Segment by Type:
Low Power (＜300W)
High Power (≥300W)
Global Horticultural LED Lighting market, by Application
Commercial Greenhouse
Indoor and Vertical Farming
R&D
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Horticultural LED Lighting manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Horticultural LED Lighting in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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.
The global Horticultural LED Lighting market size is expected to reach US$ 2227.4 million by 2029, growing at a CAGR of 13.0% from 2023 to 2029. The market is mainly driven by the significant applications of Horticultural LED Lighting in various end use industries. The expanding demands from the Commercial Greenhouse, Indoor and Vertical Farming and R&D,, are propelling Horticultural LED Lighting market. Low Power (＜300W), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the High Power (≥300W) segment is estimated at % CAGR for the next seven-year period.
Philips, General Electric and Osram are the leading players in gardening LED lighting, which together account for about 30% of the market.
Europe and North America are the major markets, each accounting for about 35% of the market.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Horticultural LED Lighting, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Horticultural LED Lighting market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Horticultural LED Lighting market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Horticultural LED Lighting sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Horticultural LED Lighting covered in this report include Philips, Osram, Everlight Electronics, Hubbell Lighting, Cree, General Electric, Gavita, Kessil and Fionia Lighting, etc.
The global Horticultural LED Lighting market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Philips
Osram
Everlight Electronics
Hubbell Lighting
Cree
General Electric
Gavita
Kessil
Fionia Lighting
Illumitex
Lumigrow
Valoya
Cidly
Heliospectra AB
Ohmax Optoelectronic
Global Horticultural LED Lighting market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Horticultural LED Lighting market, Segment by Type:
Low Power (＜300W)
High Power (≥300W)
Global Horticultural LED Lighting market, by Application
Commercial Greenhouse
Indoor and Vertical Farming
R&D
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Horticultural LED Lighting manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Horticultural LED Lighting in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Horticultural LED Lighting Market Overview
1.1 Horticultural LED Lighting Product Overview
1.2 Horticultural LED Lighting Market Segment by Type
1.2.1 Low Power (＜300W)
1.2.2 High Power (≥300W)
1.3 Global Horticultural LED Lighting Market Size by Type
1.3.1 Global Horticultural LED Lighting Market Size Overview by Type (2018-2029)
1.3.2 Global Horticultural LED Lighting Historic Market Size Review by Type (2018-2023)
1.3.3 Global Horticultural LED Lighting Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Horticultural LED Lighting Sales Breakdown by Type (2018-2023)
1.4.2 Europe Horticultural LED Lighting Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Horticultural LED Lighting Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Horticultural LED Lighting Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Horticultural LED Lighting Sales Breakdown by Type (2018-2023)
2 Global Horticultural LED Lighting Market Competition by Company
2.1 Global Top Players by Horticultural LED Lighting Sales (2018-2023)
2.2 Global Top Players by Horticultural LED Lighting Revenue (2018-2023)
2.3 Global Top Players by Horticultural LED Lighting Price (2018-2023)
2.4 Global Top Manufacturers Horticultural LED Lighting Manufacturing Base Distribution, Sales Area, Product Type
2.5 Horticultural LED Lighting Market Competitive Situation and Trends
2.5.1 Horticultural LED Lighting Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Horticultural LED Lighting Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Horticultural LED Lighting as of 2022)
2.7 Date of Key Manufacturers Enter into Horticultural LED Lighting Market
2.8 Key Manufacturers Horticultural LED Lighting Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Horticultural LED Lighting Status and Outlook by Region
3.1 Global Horticultural LED Lighting Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Horticultural LED Lighting Historic Market Size by Region
3.2.1 Global Horticultural LED Lighting Sales in Volume by Region (2018-2023)
3.2.2 Global Horticultural LED Lighting Sales in Value by Region (2018-2023)
3.2.3 Global Horticultural LED Lighting Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Horticultural LED Lighting Forecasted Market Size by Region
3.3.1 Global Horticultural LED Lighting Sales in Volume by Region (2024-2029)
3.3.2 Global Horticultural LED Lighting Sales in Value by Region (2024-2029)
3.3.3 Global Horticultural LED Lighting Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Horticultural LED Lighting by Application
4.1 Horticultural LED Lighting Market Segment by Application
4.1.1 Commercial Greenhouse
4.1.2 Indoor and Vertical Farming
4.1.3 R&D
4.2 Global Horticultural LED Lighting Market Size by Application
4.2.1 Global Horticultural LED Lighting Market Size Overview by Application (2018-2029)
4.2.2 Global Horticultural LED Lighting Historic Market Size Review by Application (2018-2023)
4.2.3 Global Horticultural LED Lighting Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Horticultural LED Lighting Sales Breakdown by Application (2018-2023)
4.3.2 Europe Horticultural LED Lighting Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Horticultural LED Lighting Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Horticultural LED Lighting Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Horticultural LED Lighting Sales Breakdown by Application (2018-2023)
5 North America Horticultural LED Lighting by Country
5.1 North America Horticultural LED Lighting Historic Market Size by Country
5.1.1 North America Horticultural LED Lighting Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Horticultural LED Lighting Sales in Volume by Country (2018-2023)
5.1.3 North America Horticultural LED Lighting Sales in Value by Country (2018-2023)
5.2 North America Horticultural LED Lighting Forecasted Market Size by Country
5.2.1 North America Horticultural LED Lighting Sales in Volume by Country (2024-2029)
5.2.2 North America Horticultural LED Lighting Sales in Value by Country (2024-2029)
6 Europe Horticultural LED Lighting by Country
6.1 Europe Horticultural LED Lighting Historic Market Size by Country
6.1.1 Europe Horticultural LED Lighting Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Horticultural LED Lighting Sales in Volume by Country (2018-2023)
6.1.3 Europe Horticultural LED Lighting Sales in Value by Country (2018-2023)
6.2 Europe Horticultural LED Lighting Forecasted Market Size by Country
6.2.1 Europe Horticultural LED Lighting Sales in Volume by Country (2024-2029)
6.2.2 Europe Horticultural LED Lighting Sales in Value by Country (2024-2029)
7 Asia-Pacific Horticultural LED Lighting by Region
7.1 Asia-Pacific Horticultural LED Lighting Historic Market Size by Region
7.1.1 Asia-Pacific Horticultural LED Lighting Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Horticultural LED Lighting Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Horticultural LED Lighting Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Horticultural LED Lighting Forecasted Market Size by Region
7.2.1 Asia-Pacific Horticultural LED Lighting Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Horticultural LED Lighting Sales in Value by Region (2024-2029)
8 Latin America Horticultural LED Lighting by Country
8.1 Latin America Horticultural LED Lighting Historic Market Size by Country
8.1.1 Latin America Horticultural LED Lighting Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Horticultural LED Lighting Sales in Volume by Country (2018-2023)
8.1.3 Latin America Horticultural LED Lighting Sales in Value by Country (2018-2023)
8.2 Latin America Horticultural LED Lighting Forecasted Market Size by Country
8.2.1 Latin America Horticultural LED Lighting Sales in Volume by Country (2024-2029)
8.2.2 Latin America Horticultural LED Lighting Sales in Value by Country (2024-2029)
9 Middle East and Africa Horticultural LED Lighting by Country
9.1 Middle East and Africa Horticultural LED Lighting Historic Market Size by Country
9.1.1 Middle East and Africa Horticultural LED Lighting Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Horticultural LED Lighting Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Horticultural LED Lighting Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Horticultural LED Lighting Forecasted Market Size by Country
9.2.1 Middle East and Africa Horticultural LED Lighting Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Horticultural LED Lighting Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Philips
10.1.1 Philips Company Information
10.1.2 Philips Introduction and Business Overview
10.1.3 Philips Horticultural LED Lighting Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Philips Horticultural LED Lighting Products Offered
10.1.5 Philips Recent Development
10.2 Osram
10.2.1 Osram Company Information
10.2.2 Osram Introduction and Business Overview
10.2.3 Osram Horticultural LED Lighting Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Osram Horticultural LED Lighting Products Offered
10.2.5 Osram Recent Development
10.3 Everlight Electronics
10.3.1 Everlight Electronics Company Information
10.3.2 Everlight Electronics Introduction and Business Overview
10.3.3 Everlight Electronics Horticultural LED Lighting Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Everlight Electronics Horticultural LED Lighting Products Offered
10.3.5 Everlight Electronics Recent Development
10.4 Hubbell Lighting
10.4.1 Hubbell Lighting Company Information
10.4.2 Hubbell Lighting Introduction and Business Overview
10.4.3 Hubbell Lighting Horticultural LED Lighting Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Hubbell Lighting Horticultural LED Lighting Products Offered
10.4.5 Hubbell Lighting Recent Development
10.5 Cree
10.5.1 Cree Company Information
10.5.2 Cree Introduction and Business Overview
10.5.3 Cree Horticultural LED Lighting Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Cree Horticultural LED Lighting Products Offered
10.5.5 Cree Recent Development
10.6 General Electric
10.6.1 General Electric Company Information
10.6.2 General Electric Introduction and Business Overview
10.6.3 General Electric Horticultural LED Lighting Sales, Revenue and Gross Margin (2018-2023)
10.6.4 General Electric Horticultural LED Lighting Products Offered
10.6.5 General Electric Recent Development
10.7 Gavita
10.7.1 Gavita Company Information
10.7.2 Gavita Introduction and Business Overview
10.7.3 Gavita Horticultural LED Lighting Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Gavita Horticultural LED Lighting Products Offered
10.7.5 Gavita Recent Development
10.8 Kessil
10.8.1 Kessil Company Information
10.8.2 Kessil Introduction and Business Overview
10.8.3 Kessil Horticultural LED Lighting Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Kessil Horticultural LED Lighting Products Offered
10.8.5 Kessil Recent Development
10.9 Fionia Lighting
10.9.1 Fionia Lighting Company Information
10.9.2 Fionia Lighting Introduction and Business Overview
10.9.3 Fionia Lighting Horticultural LED Lighting Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Fionia Lighting Horticultural LED Lighting Products Offered
10.9.5 Fionia Lighting Recent Development
10.10 Illumitex
10.10.1 Illumitex Company Information
10.10.2 Illumitex Introduction and Business Overview
10.10.3 Illumitex Horticultural LED Lighting Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Illumitex Horticultural LED Lighting Products Offered
10.10.5 Illumitex Recent Development
10.11 Lumigrow
10.11.1 Lumigrow Company Information
10.11.2 Lumigrow Introduction and Business Overview
10.11.3 Lumigrow Horticultural LED Lighting Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Lumigrow Horticultural LED Lighting Products Offered
10.11.5 Lumigrow Recent Development
10.12 Valoya
10.12.1 Valoya Company Information
10.12.2 Valoya Introduction and Business Overview
10.12.3 Valoya Horticultural LED Lighting Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Valoya Horticultural LED Lighting Products Offered
10.12.5 Valoya Recent Development
10.13 Cidly
10.13.1 Cidly Company Information
10.13.2 Cidly Introduction and Business Overview
10.13.3 Cidly Horticultural LED Lighting Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Cidly Horticultural LED Lighting Products Offered
10.13.5 Cidly Recent Development
10.14 Heliospectra AB
10.14.1 Heliospectra AB Company Information
10.14.2 Heliospectra AB Introduction and Business Overview
10.14.3 Heliospectra AB Horticultural LED Lighting Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Heliospectra AB Horticultural LED Lighting Products Offered
10.14.5 Heliospectra AB Recent Development
10.15 Ohmax Optoelectronic
10.15.1 Ohmax Optoelectronic Company Information
10.15.2 Ohmax Optoelectronic Introduction and Business Overview
10.15.3 Ohmax Optoelectronic Horticultural LED Lighting Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Ohmax Optoelectronic Horticultural LED Lighting Products Offered
10.15.5 Ohmax Optoelectronic Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Horticultural LED Lighting Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Horticultural LED Lighting Industrial Chain Analysis
11.4 Horticultural LED Lighting Market Dynamics
11.4.1 Horticultural LED Lighting Industry Trends
11.4.2 Horticultural LED Lighting Market Drivers
11.4.3 Horticultural LED Lighting Market Challenges
11.4.4 Horticultural LED Lighting Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Horticultural LED Lighting Distributors
12.3 Horticultural LED Lighting Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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