Global LED Grow Lights Market to Reach $20.1 Billion by 2030
The global market for LED Grow Lights estimated at US$3.3 Billion in the year 2022, is projected to reach a revised size of US$20.1 Billion by 2030, growing at a CAGR of 25.4% over the analysis period 2022-2030. New, one of the segments analyzed in the report, is projected to record 26.3% CAGR and reach US$18.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Retrofit segment is readjusted to a revised 16% CAGR for the next 8-year period.The U.S. Market is Estimated at $1 Billion, While China is Forecast to Grow at 24.5% CAGR
The LED Grow Lights market in the U.S. is estimated at US$1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.4 Billion by the year 2030 trailing a CAGR of 24.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 22.3% and 21.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 17.6% CAGR.Select Competitors (Total 21 Featured) -
- Alta LED
- Bridgelux, Inc
- Cree, Inc.
- Everlight Electronics Co., Ltd
- General Electric Company
- Heliospectra AB
- Illumitex, Inc.
- LumiGrow, Inc.
- Osram Licht AG
- Royal Philips Electronics N.V.
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- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- LED Grow Lights - Global Key Competitors Percentage Market Share in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
4. GLOBAL MARKET PERSPECTIVE
- Table 1: World Recent Past, Current & Future Analysis for Indoor Farming by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
- Table 2: World 8-Year Perspective for Indoor Farming by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 3: World Recent Past, Current & Future Analysis for Commercial Greenhouse by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
- Table 4: World 8-Year Perspective for Commercial Greenhouse by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 5: World Recent Past, Current & Future Analysis for Vertical Farming by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
- Table 6: World 8-Year Perspective for Vertical Farming by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 7: World Recent Past, Current & Future Analysis for Turf & Landscaping by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
- Table 8: World 8-Year Perspective for Turf & Landscaping by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 9: World LED Grow Lights Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
- Table 10: World Recent Past, Current & Future Analysis for LED Grow Lights by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
- Table 11: World 8-Year Perspective for LED Grow Lights by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2023 & 2030
- Table 12: World Recent Past, Current & Future Analysis for New by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
- Table 13: World 8-Year Perspective for New by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 14: World Recent Past, Current & Future Analysis for Retrofit by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
- Table 15: World 8-Year Perspective for Retrofit by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 16: World Recent Past, Current & Future Analysis for Below 100 W by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
- Table 17: World 8-Year Perspective for Below 100 W by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 18: World Recent Past, Current & Future Analysis for 100 - 300 W by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
- Table 19: World 8-Year Perspective for 100 - 300 W by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 20: World Recent Past, Current & Future Analysis for Above 300 W by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
- Table 21: World 8-Year Perspective for Above 300 W by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 22: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
- Table 23: World 8-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
UNITED STATES
- LED Grow Lights Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
- Table 24: USA Recent Past, Current & Future Analysis for LED Grow Lights by Application - Commercial Greenhouse, Vertical Farming, Indoor Farming, Turf & Landscaping and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 25: USA 8-Year Perspective for LED Grow Lights by Application - Percentage Breakdown of Value Sales for Commercial Greenhouse, Vertical Farming, Indoor Farming, Turf & Landscaping and Other Applications for the Years 2023 & 2030
- Table 26: USA Recent Past, Current & Future Analysis for LED Grow Lights by Installation Type - New and Retrofit - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 27: USA 8-Year Perspective for LED Grow Lights by Installation Type - Percentage Breakdown of Value Sales for New and Retrofit for the Years 2023 & 2030
- Table 28: USA Recent Past, Current & Future Analysis for LED Grow Lights by Wattage - Below 100 W, 100 - 300 W and Above 300 W - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 29: USA 8-Year Perspective for LED Grow Lights by Wattage - Percentage Breakdown of Value Sales for Below 100 W, 100 - 300 W and Above 300 W for the Years 2023 & 2030
CANADA
- Table 30: Canada Recent Past, Current & Future Analysis for LED Grow Lights by Application - Commercial Greenhouse, Vertical Farming, Indoor Farming, Turf & Landscaping and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 31: Canada 8-Year Perspective for LED Grow Lights by Application - Percentage Breakdown of Value Sales for Commercial Greenhouse, Vertical Farming, Indoor Farming, Turf & Landscaping and Other Applications for the Years 2023 & 2030
- Table 32: Canada Recent Past, Current & Future Analysis for LED Grow Lights by Installation Type - New and Retrofit - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 33: Canada 8-Year Perspective for LED Grow Lights by Installation Type - Percentage Breakdown of Value Sales for New and Retrofit for the Years 2023 & 2030
- Table 34: Canada Recent Past, Current & Future Analysis for LED Grow Lights by Wattage - Below 100 W, 100 - 300 W and Above 300 W - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 35: Canada 8-Year Perspective for LED Grow Lights by Wattage - Percentage Breakdown of Value Sales for Below 100 W, 100 - 300 W and Above 300 W for the Years 2023 & 2030
JAPAN
- LED Grow Lights Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
- Table 36: Japan Recent Past, Current & Future Analysis for LED Grow Lights by Application - Commercial Greenhouse, Vertical Farming, Indoor Farming, Turf & Landscaping and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 37: Japan 8-Year Perspective for LED Grow Lights by Application - Percentage Breakdown of Value Sales for Commercial Greenhouse, Vertical Farming, Indoor Farming, Turf & Landscaping and Other Applications for the Years 2023 & 2030
- Table 38: Japan Recent Past, Current & Future Analysis for LED Grow Lights by Installation Type - New and Retrofit - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 39: Japan 8-Year Perspective for LED Grow Lights by Installation Type - Percentage Breakdown of Value Sales for New and Retrofit for the Years 2023 & 2030
- Table 40: Japan Recent Past, Current & Future Analysis for LED Grow Lights by Wattage - Below 100 W, 100 - 300 W and Above 300 W - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 41: Japan 8-Year Perspective for LED Grow Lights by Wattage - Percentage Breakdown of Value Sales for Below 100 W, 100 - 300 W and Above 300 W for the Years 2023 & 2030
CHINA
- LED Grow Lights Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
- Table 42: China Recent Past, Current & Future Analysis for LED Grow Lights by Application - Commercial Greenhouse, Vertical Farming, Indoor Farming, Turf & Landscaping and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 43: China 8-Year Perspective for LED Grow Lights by Application - Percentage Breakdown of Value Sales for Commercial Greenhouse, Vertical Farming, Indoor Farming, Turf & Landscaping and Other Applications for the Years 2023 & 2030
- Table 44: China Recent Past, Current & Future Analysis for LED Grow Lights by Installation Type - New and Retrofit - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 45: China 8-Year Perspective for LED Grow Lights by Installation Type - Percentage Breakdown of Value Sales for New and Retrofit for the Years 2023 & 2030
- Table 46: China Recent Past, Current & Future Analysis for LED Grow Lights by Wattage - Below 100 W, 100 - 300 W and Above 300 W - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 47: China 8-Year Perspective for LED Grow Lights by Wattage - Percentage Breakdown of Value Sales for Below 100 W, 100 - 300 W and Above 300 W for the Years 2023 & 2030
EUROPE
- LED Grow Lights Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
- Table 48: Europe Recent Past, Current & Future Analysis for LED Grow Lights by Application - Commercial Greenhouse, Vertical Farming, Indoor Farming, Turf & Landscaping and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 49: Europe 8-Year Perspective for LED Grow Lights by Application - Percentage Breakdown of Value Sales for Commercial Greenhouse, Vertical Farming, Indoor Farming, Turf & Landscaping and Other Applications for the Years 2023 & 2030
- Table 50: Europe Recent Past, Current & Future Analysis for LED Grow Lights by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
- Table 51: Europe 8-Year Perspective for LED Grow Lights by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2023 & 2030
- Table 52: Europe Recent Past, Current & Future Analysis for LED Grow Lights by Installation Type - New and Retrofit - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 53: Europe 8-Year Perspective for LED Grow Lights by Installation Type - Percentage Breakdown of Value Sales for New and Retrofit for the Years 2023 & 2030
- Table 54: Europe Recent Past, Current & Future Analysis for LED Grow Lights by Wattage - Below 100 W, 100 - 300 W and Above 300 W - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 55: Europe 8-Year Perspective for LED Grow Lights by Wattage - Percentage Breakdown of Value Sales for Below 100 W, 100 - 300 W and Above 300 W for the Years 2023 & 2030
FRANCE
- LED Grow Lights Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
- Table 56: France Recent Past, Current & Future Analysis for LED Grow Lights by Application - Commercial Greenhouse, Vertical Farming, Indoor Farming, Turf & Landscaping and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 57: France 8-Year Perspective for LED Grow Lights by Application - Percentage Breakdown of Value Sales for Commercial Greenhouse, Vertical Farming, Indoor Farming, Turf & Landscaping and Other Applications for the Years 2023 & 2030
- Table 58: France Recent Past, Current & Future Analysis for LED Grow Lights by Installation Type - New and Retrofit - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 59: France 8-Year Perspective for LED Grow Lights by Installation Type - Percentage Breakdown of Value Sales for New and Retrofit for the Years 2023 & 2030
- Table 60: France Recent Past, Current & Future Analysis for LED Grow Lights by Wattage - Below 100 W, 100 - 300 W and Above 300 W - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 61: France 8-Year Perspective for LED Grow Lights by Wattage - Percentage Breakdown of Value Sales for Below 100 W, 100 - 300 W and Above 300 W for the Years 2023 & 2030
GERMANY
- LED Grow Lights Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
- Table 62: Germany Recent Past, Current & Future Analysis for LED Grow Lights by Application - Commercial Greenhouse, Vertical Farming, Indoor Farming, Turf & Landscaping and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 63: Germany 8-Year Perspective for LED Grow Lights by Application - Percentage Breakdown of Value Sales for Commercial Greenhouse, Vertical Farming, Indoor Farming, Turf & Landscaping and Other Applications for the Years 2023 & 2030
- Table 64: Germany Recent Past, Current & Future Analysis for LED Grow Lights by Installation Type - New and Retrofit - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 65: Germany 8-Year Perspective for LED Grow Lights by Installation Type - Percentage Breakdown of Value Sales for New and Retrofit for the Years 2023 & 2030
- Table 66: Germany Recent Past, Current & Future Analysis for LED Grow Lights by Wattage - Below 100 W, 100 - 300 W and Above 300 W - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 67: Germany 8-Year Perspective for LED Grow Lights by Wattage - Percentage Breakdown of Value Sales for Below 100 W, 100 - 300 W and Above 300 W for the Years 2023 & 2030
ITALY
- Table 68: Italy Recent Past, Current & Future Analysis for LED Grow Lights by Application - Commercial Greenhouse, Vertical Farming, Indoor Farming, Turf & Landscaping and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 69: Italy 8-Year Perspective for LED Grow Lights by Application - Percentage Breakdown of Value Sales for Commercial Greenhouse, Vertical Farming, Indoor Farming, Turf & Landscaping and Other Applications for the Years 2023 & 2030
- Table 70: Italy Recent Past, Current & Future Analysis for LED Grow Lights by Installation Type - New and Retrofit - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 71: Italy 8-Year Perspective for LED Grow Lights by Installation Type - Percentage Breakdown of Value Sales for New and Retrofit for the Years 2023 & 2030
- Table 72: Italy Recent Past, Current & Future Analysis for LED Grow Lights by Wattage - Below 100 W, 100 - 300 W and Above 300 W - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 73: Italy 8-Year Perspective for LED Grow Lights by Wattage - Percentage Breakdown of Value Sales for Below 100 W, 100 - 300 W and Above 300 W for the Years 2023 & 2030
UNITED KINGDOM
- LED Grow Lights Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
- Table 74: UK Recent Past, Current & Future Analysis for LED Grow Lights by Application - Commercial Greenhouse, Vertical Farming, Indoor Farming, Turf & Landscaping and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 75: UK 8-Year Perspective for LED Grow Lights by Application - Percentage Breakdown of Value Sales for Commercial Greenhouse, Vertical Farming, Indoor Farming, Turf & Landscaping and Other Applications for the Years 2023 & 2030
- Table 76: UK Recent Past, Current & Future Analysis for LED Grow Lights by Installation Type - New and Retrofit - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 77: UK 8-Year Perspective for LED Grow Lights by Installation Type - Percentage Breakdown of Value Sales for New and Retrofit for the Years 2023 & 2030
- Table 78: UK Recent Past, Current & Future Analysis for LED Grow Lights by Wattage - Below 100 W, 100 - 300 W and Above 300 W - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 79: UK 8-Year Perspective for LED Grow Lights by Wattage - Percentage Breakdown of Value Sales for Below 100 W, 100 - 300 W and Above 300 W for the Years 2023 & 2030
REST OF EUROPE
- Table 80: Rest of Europe Recent Past, Current & Future Analysis for LED Grow Lights by Application - Commercial Greenhouse, Vertical Farming, Indoor Farming, Turf & Landscaping and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 81: Rest of Europe 8-Year Perspective for LED Grow Lights by Application - Percentage Breakdown of Value Sales for Commercial Greenhouse, Vertical Farming, Indoor Farming, Turf & Landscaping and Other Applications for the Years 2023 & 2030
- Table 82: Rest of Europe Recent Past, Current & Future Analysis for LED Grow Lights by Installation Type - New and Retrofit - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 83: Rest of Europe 8-Year Perspective for LED Grow Lights by Installation Type - Percentage Breakdown of Value Sales for New and Retrofit for the Years 2023 & 2030
- Table 84: Rest of Europe Recent Past, Current & Future Analysis for LED Grow Lights by Wattage - Below 100 W, 100 - 300 W and Above 300 W - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 85: Rest of Europe 8-Year Perspective for LED Grow Lights by Wattage - Percentage Breakdown of Value Sales for Below 100 W, 100 - 300 W and Above 300 W for the Years 2023 & 2030
ASIA-PACIFIC
- LED Grow Lights Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
- Table 86: Asia-Pacific Recent Past, Current & Future Analysis for LED Grow Lights by Application - Commercial Greenhouse, Vertical Farming, Indoor Farming, Turf & Landscaping and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 87: Asia-Pacific 8-Year Perspective for LED Grow Lights by Application - Percentage Breakdown of Value Sales for Commercial Greenhouse, Vertical Farming, Indoor Farming, Turf & Landscaping and Other Applications for the Years 2023 & 2030
- Table 88: Asia-Pacific Recent Past, Current & Future Analysis for LED Grow Lights by Installation Type - New and Retrofit - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 89: Asia-Pacific 8-Year Perspective for LED Grow Lights by Installation Type - Percentage Breakdown of Value Sales for New and Retrofit for the Years 2023 & 2030
- Table 90: Asia-Pacific Recent Past, Current & Future Analysis for LED Grow Lights by Wattage - Below 100 W, 100 - 300 W and Above 300 W - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 91: Asia-Pacific 8-Year Perspective for LED Grow Lights by Wattage - Percentage Breakdown of Value Sales for Below 100 W, 100 - 300 W and Above 300 W for the Years 2023 & 2030
REST OF WORLD
- Table 92: Rest of World Recent Past, Current & Future Analysis for LED Grow Lights by Installation Type - New and Retrofit - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 93: Rest of World 8-Year Perspective for LED Grow Lights by Installation Type - Percentage Breakdown of Value Sales for New and Retrofit for the Years 2023 & 2030
- Table 94: Rest of World Recent Past, Current & Future Analysis for LED Grow Lights by Wattage - Below 100 W, 100 - 300 W and Above 300 W - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 95: Rest of World 8-Year Perspective for LED Grow Lights by Wattage - Percentage Breakdown of Value Sales for Below 100 W, 100 - 300 W and Above 300 W for the Years 2023 & 2030
- Table 96: Rest of World Recent Past, Current & Future Analysis for LED Grow Lights by Application - Commercial Greenhouse, Vertical Farming, Indoor Farming, Turf & Landscaping and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 97: Rest of World 8-Year Perspective for LED Grow Lights by Application - Percentage Breakdown of Value Sales for Commercial Greenhouse, Vertical Farming, Indoor Farming, Turf & Landscaping and Other Applications for the Years 2023 & 2030
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Alta LED
- Bridgelux, Inc
- Cree, Inc.
- Everlight Electronics Co., Ltd
- General Electric Company
- Heliospectra AB
- Illumitex, Inc.
- LumiGrow, Inc.
- Osram Licht AG
- Royal Philips Electronics N.V.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 213 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 3.3 Billion |
Forecasted Market Value ( USD | $ 20.1 Billion |
Compound Annual Growth Rate | 25.3% |
Regions Covered | Global |