LED Grow Light Market Report 2026

The led grow light market size has grown exponentially in recent years. It will grow from $4.8 billion in 2025 to $6.09 billion in 2026 at a compound annual growth rate (CAGR) of 26.8%. The growth in the historic period can be attributed to growing use in indoor gardening setups, early adoption in commercial greenhouse farming, reliance on traditional high-pressure sodium lamps, increasing use of artificial lighting for plant growth, expansion of hydroponic and vertical farming applications.

The led grow light market size is expected to see exponential growth in the next few years. It will grow to $15.76 billion in 2030 at a compound annual growth rate (CAGR) of 26.8%. The growth in the forecast period can be attributed to rising demand for controlled-environment agriculture, increasing adoption in commercial greenhouse automation, development of advanced full-spectrum led technologies, expansion of urban vertical farming, growing preference for energy-saving agricultural lighting systems. Major trends in the forecast period include adoption of energy-efficient horticultural lighting systems, integration of IoT-connected smart grow light platforms, development of AI-optimized growth lighting models, advancement of automated controlled-environment lighting, expansion of digitally managed full-spectrum lighting solutions.

The anticipated expansion of indoor farming is expected to significantly boost the LED grow lights market in the coming years. Indoor farming involves cultivating crops indoors, often in environments with minimal or no natural sunlight. LED grow lights play a crucial role in the photosynthesis process, providing a specific light spectrum designed for objectives like enhancing anthocyanin accumulation, inhibiting flowering, and promoting root development in indoor plants. Consequently, as indoor farming grows, so does the demand for LED grow lights. For example, the indoor farming sector is projected to reach $9.7 billion globally by 2026, as of June 2023. This growth is driven by factors such as increasing urbanization, the rising demand for locally sourced food, and advancements in agricultural technology. Thus, the growth of indoor farming is a key driver of the LED grow lights market.

Leading companies in the LED grow light market are concentrating on creating innovative products, such as the next generation of LED lights, to improve energy efficiency and optimize plant growth. These next-generation LED lights are sophisticated systems that enhance energy efficiency, control the light spectrum, and extend longevity. They are specifically optimized for horticultural applications, where precise wavelengths support optimal plant growth. For example, in January 2023, Polymatech Electronics Private Limited, an Indian manufacturing firm, introduced its next-generation horticulture LED grow light, branded as Ravaye. This product provides a full spectrum of light essential for fostering healthier and faster plant growth by accelerating photosynthesis and enhancing nutritional value. The innovative lighting system is tailored for professional horticulture applications, such as vertical farming and greenhouses, while also lowering lighting costs for farmers.

In November 2023, Acuity Brands Inc., a U.S.-based provider of lighting fixtures, lighting controls, and integrated building management solutions, acquired the Arize family of horticulture lighting products from Current Lighting Solutions LLC for an undisclosed amount. Through this acquisition, Acuity Brands aims to expand its product portfolio in the controlled-environment agriculture market and apply its expertise in lighting and controls to deliver high-powered LED grow-light solutions. Arizon is a U.S.-based energy management company that specializes in supplying horticultural lighting products under the Arize brand.

Major companies operating in the led grow light market are Illumitex Inc., LumiGrow Inc., Heliospectra AB, Bridgelux Inc., General Electric Company, Samsung Electronics Co Ltd., Senmatic A/S, Shenzhen Grow LED Technology Co. Ltd., Signify NV, Valoya Ltd., Violet Gro Inc., Cidly Co Ltd., Kessil Lighting, Kind LED Grow Lights, LED Hydroponic Ltd., Sollum Technologies, Urban Crop Solutions, Light Science Technologies Ltd., Light Extraction, Gavita International B.V., Vivosun, ams-OSRAM AG, California LightWorks, EYE Hortilux, Hortilux Schréder, Koninklijke Philips N.V., Crecer Lighting, Mars Hydro, Darkless.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have impacted the LED grow lights market by raising costs for imported LED chips, semiconductor drivers, heat sinks, and optical components used in indoor farming, greenhouses, and vertical agriculture. Regions such as North America and Europe, which rely heavily on Asian manufacturing, face higher procurement costs and extended delivery times. However, tariffs are also encouraging localized LED component manufacturing, promoting regional supply chain diversification, and accelerating innovation in cost-efficient horticultural lighting solutions to strengthen long-term market resilience.

The LED grow lights market research report is one of a series of new reports that provides LED grow lights market statistics, including LED grow lights industry global market size, regional shares, competitors with a LED grow lights market share, detailed LED to grow lights market segments, market trends and opportunities and any further data you may need to thrive in the LED grow lights industry. This LED grow lights market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

LED grow lights are specialized light-emitting diode (LED) lights designed to facilitate photosynthesis in plants, enabling plant growth in the absence of sunlight or under low sunlight conditions. These lights are particularly utilized for cultivating indoor crops.

The LED grow light market covered in this report is segmented based on the spectrum, wattage, and installation types. In terms of spectrum, it is categorized into narrow and broad. Narrow spectrum lights emit light at specific wavelengths, particularly in the red and blue ranges. The wattage is classified into low power (< 100 W), medium power (100-300 W), and high power (>300 W). The installation types include new installation and retrofit. These LED grow lights find applications in various sectors, including indoor farming, commercial greenhouses, vertical farming, turf and landscaping, research, and other related areas.Asia-Pacific was the largest region in the LED grow light market in 2025. The regions covered in the led grow light market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the led grow light market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The LED grow light market consists of sales of single-ended and double-ended grow lights. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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