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Smart Horticulture LED Lighting-Global Market Insights and Sales Trends 2025
Synopsis
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.
The global Smart Horticulture LED Lighting market size is expected to reach US$ 3925.1 million by 2029, growing at a CAGR of 18.3% from 2023 to 2029. The market is mainly driven by the significant applications of Smart Horticulture LED Lighting in various end use industries. The expanding demands from the Commercial Greenhouses, Indoor Vertical Farms, Hydroponics and Plant Science Research, are propelling Smart Horticulture LED Lighting market. Smart LED Light, 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 Smart Software and Service segment is estimated at % CAGR for the next seven-year period.
LED plant growth lamp is an artificial light source that uses LED (Light Emitting Diode) as the illuminant to meet the lighting conditions required for plant photosynthesis. In the absence of daylight, this light fixture can act as daylight, allowing plants to grow normally or better. According to our research, global LED Grow light market is about US$ 1222.2 million in 2022. Demand from Commercial Greenhouse and Indoor Growing Facilities are the major drivers for the industry. According to types, the most proportion of the LED Grow Lights is Partial Spectrum Light.
Report Objectives
This report provides market insight on the different segments, by players, 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 Smart Horticulture 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 Smart Horticulture 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 Smart Horticulture LED Lighting market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Smart Horticulture 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 Smart Horticulture LED Lighting covered in this report include Urban-gro, LumiGrow, Sollum Technologies, G2V Optics, Agnetix, OSRAM GmbH, LED iBond, Atop Lighting and Kroptek, etc.
The global Smart Horticulture LED Lighting market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Urban-gro
LumiGrow
Sollum Technologies
G2V Optics
Agnetix
OSRAM GmbH
LED iBond
Atop Lighting
Kroptek
Technical Consumer Products
Heliospectra
Illumitex
Global Smart Horticulture 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 Smart Horticulture LED Lighting market, Segment by Type:
Smart LED Light
Smart Software and Service
Global Smart Horticulture LED Lighting market, by Application
Commercial Greenhouses
Indoor Vertical Farms
Hydroponics
Plant Science Research
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: 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 Three: 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 Four: Detailed analysis of Smart Horticulture LED Lighting companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
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.
The global Smart Horticulture LED Lighting market size is expected to reach US$ 3925.1 million by 2029, growing at a CAGR of 18.3% from 2023 to 2029. The market is mainly driven by the significant applications of Smart Horticulture LED Lighting in various end use industries. The expanding demands from the Commercial Greenhouses, Indoor Vertical Farms, Hydroponics and Plant Science Research, are propelling Smart Horticulture LED Lighting market. Smart LED Light, 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 Smart Software and Service segment is estimated at % CAGR for the next seven-year period.
LED plant growth lamp is an artificial light source that uses LED (Light Emitting Diode) as the illuminant to meet the lighting conditions required for plant photosynthesis. In the absence of daylight, this light fixture can act as daylight, allowing plants to grow normally or better. According to our research, global LED Grow light market is about US$ 1222.2 million in 2022. Demand from Commercial Greenhouse and Indoor Growing Facilities are the major drivers for the industry. According to types, the most proportion of the LED Grow Lights is Partial Spectrum Light.
Report Objectives
This report provides market insight on the different segments, by players, 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 Smart Horticulture 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 Smart Horticulture 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 Smart Horticulture LED Lighting market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Smart Horticulture 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 Smart Horticulture LED Lighting covered in this report include Urban-gro, LumiGrow, Sollum Technologies, G2V Optics, Agnetix, OSRAM GmbH, LED iBond, Atop Lighting and Kroptek, etc.
The global Smart Horticulture LED Lighting market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Urban-gro
LumiGrow
Sollum Technologies
G2V Optics
Agnetix
OSRAM GmbH
LED iBond
Atop Lighting
Kroptek
Technical Consumer Products
Heliospectra
Illumitex
Global Smart Horticulture 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 Smart Horticulture LED Lighting market, Segment by Type:
Smart LED Light
Smart Software and Service
Global Smart Horticulture LED Lighting market, by Application
Commercial Greenhouses
Indoor Vertical Farms
Hydroponics
Plant Science Research
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: 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 Three: 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 Four: Detailed analysis of Smart Horticulture LED Lighting companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Smart Horticulture LED Lighting
1.1 Smart Horticulture LED Lighting Market Overview
1.1.1 Smart Horticulture LED Lighting Product Scope
1.1.2 Smart Horticulture LED Lighting Market Status and Outlook
1.2 Global Smart Horticulture LED Lighting Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Smart Horticulture LED Lighting Market Size by Region (2018-2029)
1.4 Global Smart Horticulture LED Lighting Historic Market Size by Region (2018-2023)
1.5 Global Smart Horticulture LED Lighting Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Smart Horticulture LED Lighting Market Size (2018-2029)
1.6.1 North America Smart Horticulture LED Lighting Market Size (2018-2029)
1.6.2 Europe Smart Horticulture LED Lighting Market Size (2018-2029)
1.6.3 Asia-Pacific Smart Horticulture LED Lighting Market Size (2018-2029)
1.6.4 Latin America Smart Horticulture LED Lighting Market Size (2018-2029)
1.6.5 Middle East & Africa Smart Horticulture LED Lighting Market Size (2018-2029)
2 Smart Horticulture LED Lighting Market by Type
2.1 Introduction
2.1.1 Smart LED Light
2.1.2 Smart Software and Service
2.2 Global Smart Horticulture LED Lighting Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Smart Horticulture LED Lighting Historic Market Size by Type (2018-2023)
2.2.2 Global Smart Horticulture LED Lighting Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Smart Horticulture LED Lighting Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Smart Horticulture LED Lighting Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Smart Horticulture LED Lighting Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Smart Horticulture LED Lighting Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Smart Horticulture LED Lighting Revenue Breakdown by Type (2018-2029)
3 Smart Horticulture LED Lighting Market Overview by Application
3.1 Introduction
3.1.1 Commercial Greenhouses
3.1.2 Indoor Vertical Farms
3.1.3 Hydroponics
3.1.4 Plant Science Research
3.1.5 Others
3.2 Global Smart Horticulture LED Lighting Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Smart Horticulture LED Lighting Historic Market Size by Application (2018-2023)
3.2.2 Global Smart Horticulture LED Lighting Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Smart Horticulture LED Lighting Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Smart Horticulture LED Lighting Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Smart Horticulture LED Lighting Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Smart Horticulture LED Lighting Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Smart Horticulture LED Lighting Revenue Breakdown by Application (2018-2029)
4 Smart Horticulture LED Lighting Competition Analysis by Players
4.1 Global Smart Horticulture LED Lighting Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Smart Horticulture LED Lighting as of 2022)
4.3 Date of Key Players Enter into Smart Horticulture LED Lighting Market
4.4 Global Top Players Smart Horticulture LED Lighting Headquarters and Area Served
4.5 Key Players Smart Horticulture LED Lighting Product Solution and Service
4.6 Competitive Status
4.6.1 Smart Horticulture LED Lighting Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Urban-gro
5.1.1 Urban-gro Profile
5.1.2 Urban-gro Main Business
5.1.3 Urban-gro Smart Horticulture LED Lighting Products, Services and Solutions
5.1.4 Urban-gro Smart Horticulture LED Lighting Revenue (US$ Million) & (2018-2023)
5.1.5 Urban-gro Recent Developments
5.2 LumiGrow
5.2.1 LumiGrow Profile
5.2.2 LumiGrow Main Business
5.2.3 LumiGrow Smart Horticulture LED Lighting Products, Services and Solutions
5.2.4 LumiGrow Smart Horticulture LED Lighting Revenue (US$ Million) & (2018-2023)
5.2.5 LumiGrow Recent Developments
5.3 Sollum Technologies
5.3.1 Sollum Technologies Profile
5.3.2 Sollum Technologies Main Business
5.3.3 Sollum Technologies Smart Horticulture LED Lighting Products, Services and Solutions
5.3.4 Sollum Technologies Smart Horticulture LED Lighting Revenue (US$ Million) & (2018-2023)
5.3.5 G2V Optics Recent Developments
5.4 G2V Optics
5.4.1 G2V Optics Profile
5.4.2 G2V Optics Main Business
5.4.3 G2V Optics Smart Horticulture LED Lighting Products, Services and Solutions
5.4.4 G2V Optics Smart Horticulture LED Lighting Revenue (US$ Million) & (2018-2023)
5.4.5 G2V Optics Recent Developments
5.5 Agnetix
5.5.1 Agnetix Profile
5.5.2 Agnetix Main Business
5.5.3 Agnetix Smart Horticulture LED Lighting Products, Services and Solutions
5.5.4 Agnetix Smart Horticulture LED Lighting Revenue (US$ Million) & (2018-2023)
5.5.5 Agnetix Recent Developments
5.6 OSRAM GmbH
5.6.1 OSRAM GmbH Profile
5.6.2 OSRAM GmbH Main Business
5.6.3 OSRAM GmbH Smart Horticulture LED Lighting Products, Services and Solutions
5.6.4 OSRAM GmbH Smart Horticulture LED Lighting Revenue (US$ Million) & (2018-2023)
5.6.5 OSRAM GmbH Recent Developments
5.7 LED iBond
5.7.1 LED iBond Profile
5.7.2 LED iBond Main Business
5.7.3 LED iBond Smart Horticulture LED Lighting Products, Services and Solutions
5.7.4 LED iBond Smart Horticulture LED Lighting Revenue (US$ Million) & (2018-2023)
5.7.5 LED iBond Recent Developments
5.8 Atop Lighting
5.8.1 Atop Lighting Profile
5.8.2 Atop Lighting Main Business
5.8.3 Atop Lighting Smart Horticulture LED Lighting Products, Services and Solutions
5.8.4 Atop Lighting Smart Horticulture LED Lighting Revenue (US$ Million) & (2018-2023)
5.8.5 Atop Lighting Recent Developments
5.9 Kroptek
5.9.1 Kroptek Profile
5.9.2 Kroptek Main Business
5.9.3 Kroptek Smart Horticulture LED Lighting Products, Services and Solutions
5.9.4 Kroptek Smart Horticulture LED Lighting Revenue (US$ Million) & (2018-2023)
5.9.5 Kroptek Recent Developments
5.10 Technical Consumer Products
5.10.1 Technical Consumer Products Profile
5.10.2 Technical Consumer Products Main Business
5.10.3 Technical Consumer Products Smart Horticulture LED Lighting Products, Services and Solutions
5.10.4 Technical Consumer Products Smart Horticulture LED Lighting Revenue (US$ Million) & (2018-2023)
5.10.5 Technical Consumer Products Recent Developments
5.11 Heliospectra
5.11.1 Heliospectra Profile
5.11.2 Heliospectra Main Business
5.11.3 Heliospectra Smart Horticulture LED Lighting Products, Services and Solutions
5.11.4 Heliospectra Smart Horticulture LED Lighting Revenue (US$ Million) & (2018-2023)
5.11.5 Heliospectra Recent Developments
5.12 Illumitex
5.12.1 Illumitex Profile
5.12.2 Illumitex Main Business
5.12.3 Illumitex Smart Horticulture LED Lighting Products, Services and Solutions
5.12.4 Illumitex Smart Horticulture LED Lighting Revenue (US$ Million) & (2018-2023)
5.12.5 Illumitex Recent Developments
6 North America
6.1 North America Smart Horticulture LED Lighting Market Size by Country (2018-2029)
6.2 United States
6.3 Canada
7 Europe
7.1 Europe Smart Horticulture LED Lighting Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Smart Horticulture LED Lighting Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Smart Horticulture LED Lighting Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Smart Horticulture LED Lighting Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Smart Horticulture LED Lighting Market Dynamics
11.1 Smart Horticulture LED Lighting Industry Trends
11.2 Smart Horticulture LED Lighting Market Drivers
11.3 Smart Horticulture LED Lighting Market Challenges
11.4 Smart Horticulture LED Lighting Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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