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Global Light-emitting Diode (LED) Grow Lights Market 2023-2027

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    Report

  • 169 Pages
  • August 2023
  • Region: Global
  • TechNavio
  • ID: 4860974
1h Free Analyst Time
Description Jump to:

The market is driven by growth in indoor farming, the need for energy-efficient and long-lasting grow light technology, and the need to improve the yield of crops and reduce crop wastage

1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.
The light-emitting diode (LED) grow lights market is forecasted to grow by USD 4869.64 mn during 2022-2027, accelerating at a CAGR of 26.8% during the forecast period. The report on the light-emitting diode (LED) grow lights market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth in indoor farming, need for energy-efficient and long-lasting grow light technology, and need to improve the yield of crops and reduce crop wastage.

The light-emitting diode (LED) grow lights market is segmented as below:

By Application

  • Commercial greenhouses
  • Vertical farming
  • Indoor farming
  • Others

By Power Rating

  • Low power (< 100 W)
  • Medium power (100-300 W)
  • High power (>300 W)

By Geographical Landscape

  • Europe
  • North America
  • APAC
  • South America
  • Middle East and Africa
This study identifies the innovation and investments in greenhouse horticulture startups as one of the prime reasons driving the light-emitting diode (LED) grow lights market growth during the next few years. Also, use of LED grow lights in suppression of plant diseases and use of artificial intelligence in LED grow lights will lead to sizable demand in the market.

The report on the light-emitting diode (LED) grow lights market covers the following areas:

  • Light-emitting diode (LED) grow lights market sizing
  • Light-emitting diode (LED) grow lights market forecast
  • Light-emitting diode (LED) grow lights market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading light-emitting diode (LED) grow lights market vendors that include Advanced Grow Lights American Co., Biological Innovation and Optimization Systems LLC, Black Dog Grow Technologies Inc., Bridgelux Inc., ControlLED Environments Ltd., Dool Industries, General Electric Co., GrowRay Lighting Technologies, Heliospectra AB, Kessil, Kind LED Grow Lights, LED Hydroponic Ltd., Samsung Electronics Co. Ltd., SANlight GmbH, Senmatic AS, Shenzhen Grow LED Technology Co. Ltd., Valoya Oy, Signify NV, OSRAM Licht AG, and SMART Global Holdings Inc.. Also, the light-emitting diode (LED) grow lights market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detaiLED picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by Power Rating
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Global light-emitting diode (LED) grow lights market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on global light-emitting diode (led) grow lights market 2017 - 2021 ($ million)
4.2 Application Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Application Segment 2017 - 2021 ($ million)
4.3 Power Rating Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Power Rating Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Application
6.1 Market segments
Exhibit 30: Chart on Application - Market share 2022-2027 (%)
Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
6.2 Comparison by Application
Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application
6.3 Commercial greenhouses - Market size and forecast 2022-2027
Exhibit 34: Chart on Commercial greenhouses - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Commercial greenhouses - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Commercial greenhouses - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Commercial greenhouses - Year-over-year growth 2022-2027 (%)
6.4 Vertical farming - Market size and forecast 2022-2027
Exhibit 38: Chart on Vertical farming - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Vertical farming - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Vertical farming - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Vertical farming - Year-over-year growth 2022-2027 (%)
6.5 Indoor farming - Market size and forecast 2022-2027
Exhibit 42: Chart on Indoor farming - Market size and forecast 2022-2027 ($ million)
Exhibit 43: Data Table on Indoor farming - Market size and forecast 2022-2027 ($ million)
Exhibit 44: Chart on Indoor farming - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Indoor farming - Year-over-year growth 2022-2027 (%)
6.6 Others - Market size and forecast 2022-2027
Exhibit 46: Chart on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 47: Data Table on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 48: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 49: Data Table on Others - Year-over-year growth 2022-2027 (%)
6.7 Market opportunity by Application
Exhibit 50: Market opportunity by Application ($ million)
Exhibit 51: Data Table on Market opportunity by Application ($ million)
7 Market Segmentation by Power Rating
7.1 Market segments
Exhibit 52: Chart on Power Rating - Market share 2022-2027 (%)
Exhibit 53: Data Table on Power Rating - Market share 2022-2027 (%)
7.2 Comparison by Power Rating
Exhibit 54: Chart on Comparison by Power Rating
Exhibit 55: Data Table on Comparison by Power Rating
7.3 Low power (100 W) - Market size and forecast 2022-2027
Exhibit 56: Chart on Low power (100 W) - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Data Table on Low power (100 W) - Market size and forecast 2022-2027 ($ million)
Exhibit 58: Chart on Low power (100 W) - Year-over-year growth 2022-2027 (%)
Exhibit 59: Data Table on Low power (100 W) - Year-over-year growth 2022-2027 (%)
7.4 Medium power (100-300 W) - Market size and forecast 2022-2027
Exhibit 60: Chart on Medium power (100-300 W) - Market size and forecast 2022-2027 ($ million)
Exhibit 61: Data Table on Medium power (100-300 W) - Market size and forecast 2022-2027 ($ million)
Exhibit 62: Chart on Medium power (100-300 W) - Year-over-year growth 2022-2027 (%)
Exhibit 63: Data Table on Medium power (100-300 W) - Year-over-year growth 2022-2027 (%)
7.5 High power (>300 W) - Market size and forecast 2022-2027
Exhibit 64: Chart on High power (>300 W) - Market size and forecast 2022-2027 ($ million)
Exhibit 65: Data Table on High power (>300 W) - Market size and forecast 2022-2027 ($ million)
Exhibit 66: Chart on High power (>300 W) - Year-over-year growth 2022-2027 (%)
Exhibit 67: Data Table on High power (>300 W) - Year-over-year growth 2022-2027 (%)
7.6 Market opportunity by Power Rating
Exhibit 68: Market opportunity by Power Rating ($ million)
Exhibit 69: Data Table on Market opportunity by Power Rating ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 71: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 72: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 73: Chart on Geographic comparison
Exhibit 74: Data Table on Geographic comparison
9.3 Europe - Market size and forecast 2022-2027
Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.4 North America - Market size and forecast 2022-2027
Exhibit 79: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.5 APAC - Market size and forecast 2022-2027
Exhibit 83: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 84: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 85: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
Exhibit 87: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 Canada - Market size and forecast 2022-2027
Exhibit 99: Chart on Canada - Market size and forecast 2022-2027 ($ million)
Exhibit 100: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
Exhibit 101: Chart on Canada - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on Canada - Year-over-year growth 2022-2027 (%)
9.10 The Netherlands - Market size and forecast 2022-2027
Exhibit 103: Chart on The Netherlands - Market size and forecast 2022-2027 ($ million)
Exhibit 104: Data Table on The Netherlands - Market size and forecast 2022-2027 ($ million)
Exhibit 105: Chart on The Netherlands - Year-over-year growth 2022-2027 (%)
Exhibit 106: Data Table on The Netherlands - Year-over-year growth 2022-2027 (%)
9.11 China - Market size and forecast 2022-2027
Exhibit 107: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 108: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 109: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 110: Data Table on China - Year-over-year growth 2022-2027 (%)
9.12 UK - Market size and forecast 2022-2027
Exhibit 111: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 112: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 113: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 114: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 115: Market opportunity By Geographical Landscape ($ million)
Exhibit 116: Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 117: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 119: Overview on factors of disruption
11.4 Industry risks
Exhibit 120: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 121: Vendors covered
12.2 Market positioning of vendors
Exhibit 122: Matrix on vendor position and classification
12.3 Advanced Grow Lights American Co.
Exhibit 123: Advanced Grow Lights American Co. - Overview
Exhibit 124: Advanced Grow Lights American Co. - Product/Service
Exhibit 125: Advanced Grow Lights American Co. - Key offerings
12.4 Black Dog Grow Technologies Inc.
Exhibit 126: Black Dog Grow Technologies Inc. - Overview
Exhibit 127: Black Dog Grow Technologies Inc. - Product/Service
Exhibit 128: Black Dog Grow Technologies Inc. - Key offerings
12.5 Bridgelux Inc.
Exhibit 129: Bridgelux Inc. - Overview
Exhibit 130: Bridgelux Inc. - Product/Service
Exhibit 131: Bridgelux Inc. - Key news
Exhibit 132: Bridgelux Inc. - Key offerings
12.6 Controlled Environments Ltd.
Exhibit 133: Controlled Environments Ltd. - Overview
Exhibit 134: Controlled Environments Ltd. - Product/Service
Exhibit 135: Controlled Environments Ltd. - Key offerings
12.7 Dool Industries
Exhibit 136: Dool Industries - Overview
Exhibit 137: Dool Industries - Product/Service
Exhibit 138: Dool Industries - Key offerings
12.8 General Electric Co.
Exhibit 139: General Electric Co. - Overview
Exhibit 140: General Electric Co. - Business segments
Exhibit 141: General Electric Co. - Key news
Exhibit 142: General Electric Co. - Key offerings
Exhibit 143: General Electric Co. - Segment focus
12.9 GrowRay Lighting Technologies
Exhibit 144: GrowRay Lighting Technologies - Overview
Exhibit 145: GrowRay Lighting Technologies - Product/Service
Exhibit 146: GrowRay Lighting Technologies - Key offerings
12.10 Heliospectra AB
Exhibit 147: Heliospectra AB - Overview
Exhibit 148: Heliospectra AB - Product/Service
Exhibit 149: Heliospectra AB - Key offerings
12.11 Kessil
Exhibit 150: Kessil - Overview
Exhibit 151: Kessil - Product/Service
Exhibit 152: Kessil - Key offerings
12.12 Kind LED Grow Lights
Exhibit 153: Kind LED Grow Lights - Overview
Exhibit 154: Kind LED Grow Lights - Product/Service
Exhibit 155: Kind LED Grow Lights - Key offerings
12.13 OSRAM Licht AG
Exhibit 156: OSRAM Licht AG - Overview
Exhibit 157: OSRAM Licht AG - Business segments
Exhibit 158: OSRAM Licht AG - Key offerings
Exhibit 159: OSRAM Licht AG - Segment focus
12.14 SANlight GmbH
Exhibit 160: SANlight GmbH - Overview
Exhibit 161: SANlight GmbH - Product/Service
Exhibit 162: SANlight GmbH - Key offerings
12.15 Senmatic AS
Exhibit 163: Senmatic AS - Overview
Exhibit 164: Senmatic AS - Product/Service
Exhibit 165: Senmatic AS - Key offerings
12.16 Signify NV
Exhibit 166: Signify NV - Overview
Exhibit 167: Signify NV - Business segments
Exhibit 168: Signify NV - Key news
Exhibit 169: Signify NV - Key offerings
Exhibit 170: Signify NV - Segment focus
12.17 SMART Global Holdings Inc.
Exhibit 171: SMART Global Holdings Inc. - Overview
Exhibit 172: SMART Global Holdings Inc. - Business segments
Exhibit 173: SMART Global Holdings Inc. - Key offerings
Exhibit 174: SMART Global Holdings Inc. - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 175: Inclusions checklist
Exhibit 176: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 177: Currency conversion rates for US$
13.4 Research methodology
Exhibit 178: Research methodology
Exhibit 179: Validation techniques employed for market sizing
Exhibit 180: Information sources
13.5 List of abbreviations
Exhibit 181: List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Application
Exhibits 6: Executive Summary - Chart on Market Segmentation by Power Rating
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Vendor Market Positioning
Exhibits 10: Parent market
Exhibits 11: Market Characteristics
Exhibits 12: Offerings of vendors included in the market definition
Exhibits 13: Market segments
Exhibits 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibits 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibits 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibits 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
Exhibits 18: Historic Market Size - Data Table on global light-emitting diode (led) grow lights market 2017 - 2021 ($ million)
Exhibits 19: Historic Market Size - Application Segment 2017 - 2021 ($ million)
Exhibits 20: Historic Market Size - Power Rating Segment 2017 - 2021 ($ million)
Exhibits 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
Exhibits 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)
Exhibits 23: Five forces analysis - Comparison between 2022 and 2027
Exhibits 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
Exhibits 26: Threat of new entrants - Impact of key factors in 2022 and 2027
Exhibits 27: Threat of substitutes - Impact of key factors in 2022 and 2027
Exhibits 28: Threat of rivalry - Impact of key factors in 2022 and 2027
Exhibits 29: Chart on Market condition - Five forces 2022 and 2027
Exhibits 30: Chart on Application - Market share 2022-2027 (%)
Exhibits 31: Data Table on Application - Market share 2022-2027 (%)
Exhibits 32: Chart on Comparison by Application
Exhibits 33: Data Table on Comparison by Application
Exhibits 34: Chart on Commercial greenhouses - Market size and forecast 2022-2027 ($ million)
Exhibits 35: Data Table on Commercial greenhouses - Market size and forecast 2022-2027 ($ million)
Exhibits 36: Chart on Commercial greenhouses - Year-over-year growth 2022-2027 (%)
Exhibits 37: Data Table on Commercial greenhouses - Year-over-year growth 2022-2027 (%)
Exhibits 38: Chart on Vertical farming - Market size and forecast 2022-2027 ($ million)
Exhibits 39: Data Table on Vertical farming - Market size and forecast 2022-2027 ($ million)
Exhibits 40: Chart on Vertical farming - Year-over-year growth 2022-2027 (%)
Exhibits 41: Data Table on Vertical farming - Year-over-year growth 2022-2027 (%)
Exhibits 42: Chart on Indoor farming - Market size and forecast 2022-2027 ($ million)
Exhibits 43: Data Table on Indoor farming - Market size and forecast 2022-2027 ($ million)
Exhibits 44: Chart on Indoor farming - Year-over-year growth 2022-2027 (%)
Exhibits 45: Data Table on Indoor farming - Year-over-year growth 2022-2027 (%)
Exhibits 46: Chart on Others - Market size and forecast 2022-2027 ($ million)
Exhibits 47: Data Table on Others - Market size and forecast 2022-2027 ($ million)
Exhibits 48: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibits 49: Data Table on Others - Year-over-year growth 2022-2027 (%)
Exhibits 50: Market opportunity by Application ($ million)
Exhibits 51: Data Table on Market opportunity by Application ($ million)
Exhibits 52: Chart on Power Rating - Market share 2022-2027 (%)
Exhibits 53: Data Table on Power Rating - Market share 2022-2027 (%)
Exhibits 54: Chart on Comparison by Power Rating
Exhibits 55: Data Table on Comparison by Power Rating
Exhibits 56: Chart on Low power (< 100 W) - Market size and forecast 2022-2027 ($ million)
Exhibits 57: Data Table on Low power (< 100 W) - Market size and forecast 2022-2027 ($ million)
Exhibits 58: Chart on Low power (< 100 W) - Year-over-year growth 2022-2027 (%)
Exhibits 59: Data Table on Low power (< 100 W) - Year-over-year growth 2022-2027 (%)
Exhibits 60: Chart on Medium power (100-300 W) - Market size and forecast 2022-2027 ($ million)
Exhibits 61: Data Table on Medium power (100-300 W) - Market size and forecast 2022-2027 ($ million)
Exhibits 62: Chart on Medium power (100-300 W) - Year-over-year growth 2022-2027 (%)
Exhibits 63: Data Table on Medium power (100-300 W) - Year-over-year growth 2022-2027 (%)
Exhibits 64: Chart on High power (>300 W) - Market size and forecast 2022-2027 ($ million)
Exhibits 65: Data Table on High power (>300 W) - Market size and forecast 2022-2027 ($ million)
Exhibits 66: Chart on High power (>300 W) - Year-over-year growth 2022-2027 (%)
Exhibits 67: Data Table on High power (>300 W) - Year-over-year growth 2022-2027 (%)
Exhibits 68: Market opportunity by Power Rating ($ million)
Exhibits 69: Data Table on Market opportunity by Power Rating ($ million)
Exhibits 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 71: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibits 72: Data Table on Market share By Geographical Landscape 2022-2027 (%)
Exhibits 73: Chart on Geographic comparison
Exhibits 74: Data Table on Geographic comparison
Exhibits 75: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibits 76: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibits 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibits 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)
Exhibits 79: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibits 80: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibits 81: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibits 82: Data Table on North America - Year-over-year growth 2022-2027 (%)
Exhibits 83: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibits 84: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibits 85: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibits 86: Data Table on APAC - Year-over-year growth 2022-2027 (%)
Exhibits 87: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibits 88: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibits 89: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibits 90: Data Table on South America - Year-over-year growth 2022-2027 (%)
Exhibits 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibits 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibits 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibits 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibits 95: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibits 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibits 97: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibits 98: Data Table on US - Year-over-year growth 2022-2027 (%)
Exhibits 99: Chart on Canada - Market size and forecast 2022-2027 ($ million)
Exhibits 100: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
Exhibits 101: Chart on Canada - Year-over-year growth 2022-2027 (%)
Exhibits 102: Data Table on Canada - Year-over-year growth 2022-2027 (%)
Exhibits 103: Chart on The Netherlands - Market size and forecast 2022-2027 ($ million)
Exhibits 104: Data Table on The Netherlands - Market size and forecast 2022-2027 ($ million)
Exhibits 105: Chart on The Netherlands - Year-over-year growth 2022-2027 (%)
Exhibits 106: Data Table on The Netherlands - Year-over-year growth 2022-2027 (%)
Exhibits 107: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibits 108: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibits 109: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibits 110: Data Table on China - Year-over-year growth 2022-2027 (%)
Exhibits 111: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibits 112: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibits 113: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibits 114: Data Table on UK - Year-over-year growth 2022-2027 (%)
Exhibits 115: Market opportunity By Geographical Landscape ($ million)
Exhibits 116: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 117: Impact of drivers and challenges in 2022 and 2027
Exhibits 118: Overview on Criticality of inputs and Factors of differentiation
Exhibits 119: Overview on factors of disruption
Exhibits 120: Impact of key risks on business
Exhibits 121: Vendors covered
Exhibits 122: Matrix on vendor position and classification
Exhibits 123: Advanced Grow Lights American Co. - Overview
Exhibits 124: Advanced Grow Lights American Co. - Product/Service
Exhibits 125: Advanced Grow Lights American Co. - Key offerings
Exhibits 126: Black Dog Grow Technologies Inc. - Overview
Exhibits 127: Black Dog Grow Technologies Inc. - Product/Service
Exhibits 128: Black Dog Grow Technologies Inc. - Key offerings
Exhibits 129: Bridgelux Inc. - Overview
Exhibits 130: Bridgelux Inc. - Product/Service
Exhibits 131: Bridgelux Inc. - Key news
Exhibits 132: Bridgelux Inc. - Key offerings
Exhibits 133: Controlled Environments Ltd. - Overview
Exhibits 134: Controlled Environments Ltd. - Product/Service
Exhibits 135: Controlled Environments Ltd. - Key offerings
Exhibits 136: Dool Industries - Overview
Exhibits 137: Dool Industries - Product/Service
Exhibits 138: Dool Industries - Key offerings
Exhibits 139: General Electric Co. - Overview
Exhibits 140: General Electric Co. - Business segments
Exhibits 141: General Electric Co. - Key news
Exhibits 142: General Electric Co. - Key offerings
Exhibits 143: General Electric Co. - Segment focus
Exhibits 144: GrowRay Lighting Technologies - Overview
Exhibits 145: GrowRay Lighting Technologies - Product/Service
Exhibits 146: GrowRay Lighting Technologies - Key offerings
Exhibits 147: Heliospectra AB - Overview
Exhibits 148: Heliospectra AB - Product/Service
Exhibits 149: Heliospectra AB - Key offerings
Exhibits 150: Kessil - Overview
Exhibits 151: Kessil - Product/Service
Exhibits 152: Kessil - Key offerings
Exhibits 153: Kind LED Grow Lights - Overview
Exhibits 154: Kind LED Grow Lights - Product/Service
Exhibits 155: Kind LED Grow Lights - Key offerings
Exhibits 156: OSRAM Licht AG - Overview
Exhibits 157: OSRAM Licht AG - Business segments
Exhibits 158: OSRAM Licht AG - Key offerings
Exhibits 159: OSRAM Licht AG - Segment focus
Exhibits 160: SANlight GmbH - Overview
Exhibits 161: SANlight GmbH - Product/Service
Exhibits 162: SANlight GmbH - Key offerings
Exhibits 163: Senmatic AS - Overview
Exhibits 164: Senmatic AS - Product/Service
Exhibits 165: Senmatic AS - Key offerings
Exhibits 166: Signify NV - Overview
Exhibits 167: Signify NV - Business segments
Exhibits 168: Signify NV - Key news
Exhibits 169: Signify NV - Key offerings
Exhibits 170: Signify NV - Segment focus
Exhibits 171: SMART Global Holdings Inc. - Overview
Exhibits 172: SMART Global Holdings Inc. - Business segments
Exhibits 173: SMART Global Holdings Inc. - Key offerings
Exhibits 174: SMART Global Holdings Inc. - Segment focus
Exhibits 175: Inclusions checklist
Exhibits 176: Exclusions checklist
Exhibits 177: Currency conversion rates for US$
Exhibits 178: Research methodology
Exhibits 179: Validation techniques employed for market sizing
Exhibits 180: Information sources
Exhibits 181: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global light-emitting diode (LED) grow lights market: Advanced Grow Lights American Co., Biological Innovation and Optimization Systems LLC, Black Dog Grow Technologies Inc., Bridgelux Inc., ControlLED Environments Ltd., Dool Industries, General Electric Co., GrowRay Lighting Technologies, Heliospectra AB, Kessil, Kind LED Grow Lights, LED Hydroponic Ltd., Samsung Electronics Co. Ltd., SANlight GmbH, Senmatic AS, Shenzhen Grow LED Technology Co. Ltd., Valoya Oy, Signify NV, OSRAM Licht AG, and SMART Global Holdings Inc..

Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is use of artificial intelligence in LED grow lights.'

According to the report, one of the major drivers for this market is need for energy-efficient and long-lasting grow light technology.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Advanced Grow Lights American Co.
  • Biological Innovation and Optimization Systems LLC
  • Black Dog Grow Technologies Inc.
  • Bridgelux Inc.
  • Controlled Environments Ltd.
  • Dool Industries
  • General Electric Co.
  • GrowRay Lighting Technologies
  • Heliospectra AB
  • Kessil
  • Kind LED Grow Lights
  • LED Hydroponic Ltd.
  • Samsung Electronics Co. Ltd.
  • SANlight GmbH
  • Senmatic AS
  • Shenzhen Grow LED Technology Co. Ltd.
  • Valoya Oy
  • Signify NV
  • OSRAM Licht AG
  • SMART Global Holdings Inc.

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