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LED Grow Lights Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2022-2030

Published Date: July, 2022
No of Pages: 155
Delivery Format: PDF + Excel

$2,950.00

Report Description

LED Grow Lights Market Outlook 2030

The LED grow light market was worth $1.28 billion as of 2020 and is predicted to reach $12.32 billion in 2030, with an increase of 28.2 per cent from 2021 to 2030. Grow lights made of LED are designed lighting fixtures used to grow indoor plants. These lights aid plants in performing photosynthesis, which can boost the development of healthy plants and produce unique products. LED lights for growing offer several advantages that other lighting technologies don’t have. They have a longer life, cooler temperatures, higher efficiency, all spectrums, small dimensions, and state rebates. These characteristics make it the ideal choice for indoor plants to grow.

Better efficiency provided by LEDs is the main factor driving the expansion of the LED to grow the light market. Additionally, LED lights provide more control, which boosts the expansion of the LED lights market. Furthermore, increasing vertical farming can be a good opportunity for the market’s expansion. With these aspects in mind, it is expected that the market will continue to see exponential growth in the coming years.

The legalization of cannabis is expected to bring lucrative market growth opportunities over the next few years. However, significant initial investments are a major obstacle to the market for LED grow lights expansion. In addition, the lack of standardization leads to a high probability of purchasing incompatible parts and hinders market growth.

A global lighting market for LEDs trends has been greatly affected by the COVID-19 epidemic. The semiconductors and electronics manufacturing facilities were shut down due to the slowdown and lack of workers worldwide. The COVID-19 virus has led to an enormous and long-lasting reduction in the utilization of manufacturing and travel restrictions. Furthermore, the closure of facilities forced workers to stay out of factories, resulting in slower industry growth in 2020.

Segment Overview

The market for LED grows lights is classified by Power, spectrum, installation type, type of application and location. Based on Power is divided into three segments: low intensity (<100 W), moderate-high Power (100300 W) with high Power (>300 300). The segment with the lowest Power dominated the market in terms of revenue in 2020 and is expected to maintain the same pattern in the future forecast. This market can be divided into broad and narrow based on broad spectrums. The narrow segment was the dominant market in terms of revenue in 2020 and is predicted to gain substantial market share over the forecast time.

The LED grow light market is segmented into new installations and retrofits in terms of installation type. Retrofit and new installation segments are further divided into touch and remote. The market share of this new installation segment was the highest in 2020 and is predicted to increase at a rapid CAGR between 2021 and 2030. Based on applications, this market can be divided into vertical farming for commercial greenhouses, landscaping and turf research, and many others. The market share of commercial greenhouses was the highest in 2020, and the rest of the market is predicted to grow at a fast CAGR from 2021 until 2030.

Top Impacting Factors

Important factors that influence the expansion of the LED market for grow lights are rising adoption in vertical farms, increased efficiency, and better control. But the absence of standardization and high initial costs are some of the issues hindering the market growth. The legalization of cannabis could provide lucrative opportunities to the market over the forecast timeframe.

Competitive Analysis

Profiles and analysis of the competitive landscape of leading market players, including Black Dog Grow Technologies Inc. (U.S.), Bridgelux Inc. (U.S.), Cree LED Inc. (U.S.) and Ever Light Electronics Co. Ltd. (Taiwan), Helio spectra AB (Sweden), Lumi grow Inc. (U.S.), OSRAM GmbH (Germany), Samsung Electronics Co. Ltd. (South Korea), Savant Systems Inc. (U.S.), and Signify Holding (Netherlands) are described within this study. These major players have adopted different strategies, including expanding their product portfolios and mergers and acquisitions, agreements, geographic expansion, and collaborations to boost their market reach and improve their position in the market.

Key Benefits for Stakeholders

  • This research provides an analytical representation of the LED Grow Light market, along with present trends and forecasts to illustrate the future investment opportunities.
  • The market analysis for LED grows lights is designed to identify the most profitable trends and gain an advantage.
  • The report contains details about the most important drivers, limitations and opportunities. It also provides an in-depth analysis of their impact.
  • The current LED grow light market forecast is analyzed quantitatively between 2020 and 2030 to assess the financial competence.
  • Porter’s Five Forces Analysis demonstrates the Power of suppliers and buyers in the marketplace.
  • The report also includes the market for LED grow lights, including a share of the top vendors and market developments.
LED Grow Lights Market Report Scope and Segmentation 
 
ATTRIBUTESDETAILS
ESTIMATED YEAR2022
BASE YEAR2021
FORECAST YEAR2030
HISTORICAL YEAR2017-2021
UNITValue (USD Million/Billion)
BY REGIONNorth America, Europe, Asia Pacific, Latin America, Middle East and Africa

LED Grow Lights Market Key Segments

By Wattage

  • Low Power (<100 W)
  • Medium Power (100300 W)
  • High Power (>300 W)

By Spectrum

  • Narrow
  • Broad

By Installation Type

  • New Installation
    • Remote
    • Touch
  • Retrofit
    • Remote
    • Touch

By Application

  • Indoor Farming
  • Commercial Greenhouse
  • Vertical Farming
  • Turf and Landscaping
  • Research
  • Others

Regional Analysis

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Italy
    • France
    • UK
    • Spain
    • Poland
    • Russia
    • The Netherlands
    • Norway
    • Czech Republic
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Indonesia
    • Malaysia
    • Thailand
    • Singapore
    • Australia & New Zealand
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Colombia
    • Rest of South America
  • The Middle East & Africa
    • Saudi Arabia
    • UAE
    • South Africa
    • Northern Africa
    • Rest of MEA

Key Market Players

  • Black Dog Grow Technologies Inc. (U.S.)
  • Bridgelux Inc. (U.S.)
  • CreeLED Inc. (U.S.)
  • EVERLIGHT Electronics Co. Ltd. (Taiwan)
  • Helio spectra AB (Sweden)
  • Lumi Grow Inc. (U.S.)
  • OSRAM GmbH (Germany)
  • Samsung Electronics Co. Ltd. (South Korea)
  • Savant Systems Inc. (U.S.)
  • Signify Holding (Netherlands)

Table of Contents

Chapter 1:Introduction

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

Chapter 2:Executive Summary

2.1.Key findings

2.1.1.Top impacting factors
2.1.2.Top investment pockets

2.2.CXO perspective

Chapter 3:Market Overview

3.1.Market definition and scope
3.2.Key forces shaping LED grow lights market
3.3.Market dynamics

3.3.1.Drivers

3.3.1.1.LED grow lights offer higher efficiency
3.3.1.2.LED grow lights offers high controllability
3.3.1.3.Rise in adoption of vertical farming

3.3.2.Restraint

3.3.2.1.Lack of standardization
3.3.2.2.High initial investment

3.3.3.Opportunities

3.3.3.1.Legalization of cannabis

3.4.COVID-19 impact analysis on the LED grow lights market

3.4.1.Impact on market size
3.4.2.End user trends, preferences, and budget impact
3.4.3.Key player strategy

3.4.3.1.Limited investments for R&D
3.4.3.2.Focus on next-generation products
3.4.3.3.Shift toward agile supply chain model

Chapter 4:LED Grow Lights Market, By Wattage

4.1.Overview
4.2.Low Power (<100 W)

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Medium Power (100-300 W)

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

4.4.High Power (>300 W)

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country

Chapter 5:LED Grow Lights Market, By Spectrum

5.1.Overview
5.2.Narrow

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.Broad

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

Chapter 6:LED Grow Lights Market, By Installation Type

6.1.Overview
6.2.New installation

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Remote
6.2.3.Touch
6.2.4.Market size and forecast, by region
6.2.5.Market analysis, by country

6.3.Retrofit

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country

Chapter 7:LED Grow Lights Market, By Application

7.1.Overview
7.2.Indoor farming

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by region
7.2.3.Market analysis, by country

7.3.Commercial greenhouse

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by region
7.3.3.Market analysis, by country

7.4.Vertical farming

7.4.1.Key market trends, growth factors, and opportunities.
7.4.2.Market size and forecast, by region
7.4.3.Market analysis, by country

7.5.Turf and landscaping

7.5.1.Key market trends, growth factors, and opportunities.
7.5.2.Market size and forecast, by region
7.5.3.Market analysis, by country

7.6.Research

7.6.1.Key market trends, growth factors, and opportunities.
7.6.2.Market size and forecast, by region
7.6.3.Market analysis, by country

7.7.Others

7.7.1.Key market trends, growth factors, and opportunities
7.7.2.Market size and forecast, by region
7.7.3.Market analysis, by country

Chapter 8:LED Grow Lights Market, By Region

8.1.Overview
8.2.North America

8.2.1.Key market trends, growth factors, and opportunities
8.2.2.Market size and forecast, by wattage
8.2.3.Market size and forecast, by spectrum
8.2.4.Market size and forecast, by installation type
8.2.5.Market size and forecast, by application
8.2.6.Market analysis, by country

8.2.6.1.U.S.

8.2.6.1.1.Market size and forecast, by wattage
8.2.6.1.2.Market size and forecast, by spectrum
8.2.6.1.3.Market size and forecast, by installation type
8.2.6.1.4.Market size and forecast, by application

8.2.6.2.Canada

8.2.6.2.1.Market size and forecast, by wattage
8.2.6.2.2.Market size and forecast, by spectrum
8.2.6.2.3.Market size and forecast, by installation type
8.2.6.2.4.Market size and forecast, by application

8.2.6.3.Mexico

8.2.6.3.1.Market size and forecast, by wattage
8.2.6.3.2.Market size and forecast, by spectrum
8.2.6.3.3.Market size and forecast, by installation type
8.2.6.3.4.Market size and forecast, by application

8.3.Europe

8.3.1.Key market trends, growth factors, and opportunities
8.3.2.Market size and forecast, by wattage
8.3.3.Market size and forecast, by spectrum
8.3.4.Market size and forecast, by installation type
8.3.5.Market size and forecast, by application
8.3.6.Market analysis, by country

8.3.6.1.Germany

8.3.6.1.1.Market size and forecast, by wattage
8.3.6.1.2.Market size and forecast, by spectrum
8.3.6.1.3.Market size and forecast, by installation type
8.3.6.1.4.Market size and forecast, by application

8.3.6.2.UK

8.3.6.2.1.Market size and forecast, by wattage
8.3.6.2.2.Market size and forecast, by spectrum
8.3.6.2.3.Market size and forecast, by installation type
8.3.6.2.4.Market size and forecast, by application

8.3.6.3.France

8.3.6.3.1.Market size and forecast, by wattage
8.3.6.3.2.Market size and forecast, by spectrum
8.3.6.3.3.Market size and forecast, by installation type
8.3.6.3.4.Market size and forecast, by application

8.3.6.4.Italy

8.3.6.4.1.Market size and forecast, by wattage
8.3.6.4.2.Market size and forecast, by spectrum
8.3.6.4.3.Market size and forecast, by installation type
8.3.6.4.4.Market size and forecast, by application

8.3.6.5.Rest of Europe

8.3.6.5.1.Market size and forecast, by wattage
8.3.6.5.2.Market size and forecast, by spectrum
8.3.6.5.3.Market size and forecast, by installation type
8.3.6.5.4.Market size and forecast, by application

8.4.Asia-Pacific

8.4.1.Key market trends, growth factors, and opportunities
8.4.2.Market size and forecast, by wattage
8.4.3.Market size and forecast, by spectrum
8.4.4.Market size and forecast, by installation type
8.4.5.Market size and forecast, by application
8.4.6.Market analysis, by country

8.4.6.1.China

8.4.6.1.1.Market size and forecast, by wattage
8.4.6.1.2.Market size and forecast, by spectrum
8.4.6.1.3.Market size and forecast, by installation type
8.4.6.1.4.Market size and forecast, by application

8.4.6.2.Japan

8.4.6.2.1.Market size and forecast, by wattage
8.4.6.2.2.Market size and forecast, by spectrum
8.4.6.2.3.Market size and forecast, by installation type
8.4.6.2.4.Market size and forecast, by application

8.4.6.3.India

8.4.6.3.1.Market size and forecast, by wattage
8.4.6.3.2.Market size and forecast, by spectrum
8.4.6.3.3.Market size and forecast, by installation type
8.4.6.3.4.Market size and forecast, by application

8.4.6.4.South Korea

8.4.6.4.1.Market size and forecast, by wattage
8.4.6.4.2.Market size and forecast, by spectrum
8.4.6.4.3.Market size and forecast, by installation type
8.4.6.4.4.Market size and forecast, by application

8.4.6.5.Rest of Asia-Pacific

8.4.6.5.1.Market size and forecast, by wattage
8.4.6.5.2.Market size and forecast, by spectrum
8.4.6.5.3.Market size and forecast, by installation type
8.4.6.5.4.Market size and forecast, by application

8.5.LAMEA

8.5.1.Key market trends, growth factors, and opportunities
8.5.2.Market size and forecast, by wattage
8.5.3.Market size and forecast, by spectrum
8.5.4.Market size and forecast, by installation type
8.5.5.Market size and forecast, by application
8.5.6.Market analysis, by country

8.5.6.1.Latin America

8.5.6.1.1.Market size and forecast, by wattage
8.5.6.1.2.Market size and forecast, by spectrum
8.5.6.1.3.Market size and forecast, by installation type
8.5.6.1.4.Market size and forecast, by application

8.5.6.2.Middle East

8.5.6.2.1.Market size and forecast, by wattage
8.5.6.2.2.Market size and forecast, by spectrum
8.5.6.2.3.Market size and forecast, by installation type
8.5.6.2.4.Market size and forecast, by application

8.5.6.3.Africa

8.5.6.3.1.Market size and forecast, by wattage
8.5.6.3.2.Market size and forecast, by spectrum
8.5.6.3.3.Market size and forecast, by installation type
8.5.6.3.4.Market size and forecast, by application

Chapter 9:Competitive Landscape

9.1.Introduction

9.1.1.Key player positioning, 2020

9.2.Competitive dashboard
9.3.Competitive heatmap
9.4.Top winning strategies

9.4.1.Top winning strategies, by year
9.4.2.Top winning strategies, by development
9.4.3.Top winning strategies, by company

Chapter 10:Company Profiles

10.1.Black Dog Grow Technologies Inc.

10.1.1.Company overview
10.1.2.Key executives
10.1.3.Company snapshot
10.1.4.Product portfolio

10.2.Bridgelux, Inc. (China Electronics Corporation & ChongQing Linkong Development Investment Company)

10.2.1.Company overview
10.2.2.Key executives
10.2.3.Company snapshot
10.2.4.Product portfolio

10.3.CreeLED, Inc. (SMART Global Holdings, Inc.)

10.3.1.Company overview
10.3.2.Key executives
10.3.3.Company snapshot
10.3.4.Operating business segments
10.3.5.Product portfolio
10.3.6.R&D expenditure
10.3.7.Business performance
10.3.8.Key strategic moves and developments

10.4.EVERLIGHT Electronics Co., Ltd.

10.4.1.Company overview
10.4.2.Key executives
10.4.3.Company snapshot
10.4.4.Product portfolio
10.4.5.R&D expenditure
10.4.6.Business performance
10.4.7.Key strategic moves and developments

10.5.Heliospectra AB

10.5.1.Company overview
10.5.2.Key executives
10.5.3.Company snapshot
10.5.4.Operating business segments
10.5.5.Product portfolio
10.5.6.Business performance
10.5.7.Key strategic moves and developments

10.6.Lumigrow, Inc.

10.6.1.Company overview
10.6.2.Key executives
10.6.3.Company snapshot
10.6.4.Product portfolio
10.6.5.Key strategic moves and developments

10.7.OSRAM GmbH

10.7.1.Company overview
10.7.2.Key executives
10.7.3.Company snapshot
10.7.4.Operating business segments
10.7.5.Product portfolio
10.7.6.R&D expenditure
10.7.7.Business performance
10.7.8.Key strategic moves and developments

10.8.Samsung Electronics Co. Ltd.

10.8.1.Company overview
10.8.2.Key executives
10.8.3.Company snapshot.
10.8.4.Operating business segments
10.8.5.Product portfolio
10.8.6.R&D expenditure
10.8.7.Business performance
10.8.8.Key strategic moves and developments

10.9.Savant Systems, Inc.

10.9.1.Company overview
10.9.2.Key executives
10.9.3.Company snapshot
10.9.4.Product portfolio
10.9.5.Key strategic moves and developments

10.10.Signify Holding

10.10.1.Company overview
10.10.2.Key executives
10.10.3.Company snapshot
10.10.4.Operating business segments
10.10.5.Product portfolio
10.10.6.R&D expenditure
10.10.7.Business performance
10.10.8.Key strategic moves and developments

LIST OF TABLES

TABLE 01.LED GROW LIGHTS MARKET, BY WATTAGE, 20202030 ($MILLION)
TABLE 02.LED GROW LIGHTS MARKET FOR LOW POWER, BY REGION 20202030 ($MILLION)
TABLE 03.LED GROW LIGHTS MARKET FOR MEDIUM POWER, BY REGION 20202030($MILLION)
TABLE 04.LED GROW LIGHTS MARKET FOR HIGH POWER, BY REGION 20202030($MILLION)
TABLE 05.LED GROW LIGHTS MARKET, BY SPECTRUM, 20202030 ($MILLION)
TABLE 06.NARROW LED GROW LIGHTS MARKET, BY REGION 20202030 ($MILLION)
TABLE 07.BROAD LED GROW LIGHTS MARKET, BY REGION 20202030($MILLION)
TABLE 08.LED GROW LIGHTS MARKET, BY INSTALLATION TYPE, 20202030 ($MILLION)
TABLE 09.LED GROW LIGHTS MARKET FOR NEW INSTALLATION, BY FIXTURE CONTROL 20202030 ($MILLION)
TABLE 10.LED GROW LIGHTS MARKET FOR RETROFIT, BY FIXTURE CONTROL 20202030 ($MILLION)
TABLE 11.LED GROW LIGHTS MARKET FOR NEW INSTALLATION, BY REGION 20202030($MILLION)
TABLE 12.LED GROW LIGHTS MARKET FOR RETROFIT, BY REGION 20202030($MILLION)
TABLE 13.LED GROW LIGHTS MARKET, BY APPLICATION, 20202030 ($MILLION)
TABLE 14.LED GROW LIGHTS MARKET FOR INDOOR FARMING, BY REGION 20202030($MILLION)
TABLE 15.LED GROW LIGHTS MARKET FOR COMMERCIAL GREENHOUSE, BY REGION 20202030($MILLION)
TABLE 16.LED GROW LIGHTS MARKET FOR VERTICAL FARMING, BY REGION 20202030($MILLION)
TABLE 17.LED GROW LIGHTS MARKET FOR TURF AND LANDSCAPING, BY REGION 20202030($MILLION)
TABLE 18.LED GROW LIGHTS MARKET FOR RESEARCH, BY REGION 20202030($MILLION)
TABLE 19.LED GROW LIGHTS MARKET FOR OTHERS, BY REGION 20202030($MILLION)
TABLE 20.NORTH AMERICA LED GROW LIGHTS MARKET, BY WATTAGE 20202030($MILLION)
TABLE 21.NORTH AMERICA LED GROW LIGHTS MARKET, BY SPECTRUM 20202030($MILLION)
TABLE 22.NORTH AMERICA LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 20202030($MILLION)
TABLE 23.NORTH AMERICA LED GROW LIGHTS MARKET FOR NEW INSTALLATION, BY FIXTURE CONTROL 20202030 ($MILLION)
TABLE 24.NORTH AMERICA LED GROW LIGHTS MARKET FOR RETROFIT, BY FIXTURE CONTROL 20202030 ($MILLION)
TABLE 25.NORTH AMERICA LED GROW LIGHTS MARKET, BY APPLICATION 20202030($MILLION)
TABLE 26.U.S. LED GROW LIGHTS MARKET, BY WATTAGE 20202030($MILLION)
TABLE 27.U.S. LED GROW LIGHTS MARKET, BY SPECTRUM 20202030($MILLION)
TABLE 28.U.S. LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 20202030($MILLION)
TABLE 29.U.S. LED GROW LIGHTS MARKET, BY APPLICATION 20202030($MILLION)
TABLE 30.CANADA LED GROW LIGHTS MARKET, BY WATTAGE 20202030($MILLION)
TABLE 31.CANADA LED GROW LIGHTS MARKET, BY SPECTRUM 20202030($MILLION)
TABLE 32.CANADA LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 20202030($MILLION)
TABLE 33.CANADA LED GROW LIGHTS MARKET, BY APPLICATION 20202030($MILLION)
TABLE 34.MEXICO LED GROW LIGHTS MARKET, BY WATTAGE 20202030($MILLION)
TABLE 35.MEXICO LED GROW LIGHTS MARKET, BY SPECTRUM 20202030($MILLION)
TABLE 36.MEXICO LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 20202030($MILLION)
TABLE 37.MEXICO LED GROW LIGHTS MARKET, BY APPLICATION 20202030($MILLION)
TABLE 38.EUROPE LED GROW LIGHTS MARKET, BY WATTAGE 20202030($MILLION)
TABLE 39.EUROPE LED GROW LIGHTS MARKET, BY SPECTRUM 20202030($MILLION)
TABLE 40.EUROPE LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 20202030($MILLION)
TABLE 41.EUROPE LED GROW LIGHTS MARKET FOR NEW INSTALLATION, BY FIXTURE CONTROL 20202030 ($MILLION)
TABLE 42.EUROPE LED GROW LIGHTS MARKET FOR RETROFIT, BY FIXTURE CONTROL 20202030 ($MILLION)
TABLE 43.EUROPE LED GROW LIGHTS MARKET, BY APPLICATION 20202030($MILLION)
TABLE 44.GERMANY LED GROW LIGHTS MARKET, BY WATTAGE 20202030($MILLION)
TABLE 45.GERMANY LED GROW LIGHTS MARKET, BY SPECTRUM 20202030($MILLION)
TABLE 46.GERMANY LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 20202030($MILLION)
TABLE 47.GERMANY LED GROW LIGHTS MARKET, BY APPLICATION 20202030($MILLION)
TABLE 48.UK LED GROW LIGHTS MARKET, BY WATTAGE 20202030($MILLION)
TABLE 49.UK LED GROW LIGHTS MARKET, BY SPECTRUM 20202030($MILLION)
TABLE 50.UK LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 20202030($MILLION)
TABLE 51.UK LED GROW LIGHTS MARKET, BY APPLICATION 20202030($MILLION)
TABLE 52.FRANCE LED GROW LIGHTS MARKET, BY WATTAGE 20202030($MILLION)
TABLE 53.FRANCE LED GROW LIGHTS MARKET, BY SPECTRUM 20202030($MILLION)
TABLE 54.FRANCE LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 20202030($MILLION)
TABLE 55.FRANCE LED GROW LIGHTS MARKET, BY APPLICATION 20202030($MILLION)
TABLE 56.ITALY LED GROW LIGHTS MARKET, BY WATTAGE 20202030($MILLION)
TABLE 57.ITALY LED GROW LIGHTS MARKET, BY SPECTRUM 20202030($MILLION)
TABLE 58.ITALY LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 20202030($MILLION)
TABLE 59.ITALY LED GROW LIGHTS MARKET, BY APPLICATION 20202030($MILLION)
TABLE 60.REST OF EUROPE LED GROW LIGHTS MARKET, BY WATTAGE 20202030($MILLION)
TABLE 61.REST OF EUROPE LED GROW LIGHTS MARKET, BY SPECTRUM 20202030($MILLION)
TABLE 62.REST OF EUROPE LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 20202030($MILLION)
TABLE 63.REST OF EUROPE LED GROW LIGHTS MARKET, BY APPLICATION 20202030($MILLION)
TABLE 64.ASIA-PACIFIC LED GROW LIGHTS MARKET, BY WATTAGE 20202030($MILLION)
TABLE 65.ASIA-PACIFIC LED GROW LIGHTS MARKET, BY SPECTRUM 20202030($MILLION)
TABLE 66.ASIA-PACIFIC LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 20202030($MILLION)
TABLE 67.ASIA-PACIFIC LED GROW LIGHTS MARKET FOR NEW INSTALLATION, BY FIXTURE CONTROL 20202030 ($MILLION)
TABLE 68.ASIA-PACIFIC LED GROW LIGHTS MARKET FOR RETROFIT, BY FIXTURE CONTROL 20202030 ($MILLION)
TABLE 69.ASIA-PACIFIC LED GROW LIGHTS MARKET, BY APPLICATION 20202030($MILLION)
TABLE 70.CHINA LED GROW LIGHTS MARKET, BY WATTAGE 20202030($MILLION)
TABLE 71.CHINA LED GROW LIGHTS MARKET, BY SPECTRUM 20202030($MILLION)
TABLE 72.CHINA LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 20202030($MILLION)
TABLE 73.CHINA LED GROW LIGHTS MARKET, BY APPLICATION 20202030($MILLION)
TABLE 74.JAPAN LED GROW LIGHTS MARKET, BY WATTAGE 20202030($MILLION)
TABLE 75.JAPAN LED GROW LIGHTS MARKET, BY SPECTRUM 20202030($MILLION)
TABLE 76.JAPAN LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 20202030($MILLION)
TABLE 77.JAPAN LED GROW LIGHTS MARKET, BY APPLICATION 20202030($MILLION)
TABLE 78.INDIA LED GROW LIGHTS MARKET, BY WATTAGE 20202030($MILLION)
TABLE 79.INDIA LED GROW LIGHTS MARKET, BY SPECTRUM 20202030($MILLION)
TABLE 80.INDIA LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 20202030($MILLION)
TABLE 81.INDIA LED GROW LIGHTS MARKET, BY APPLICATION 20202030($MILLION)
TABLE 82.SOUTH KOREA LED GROW LIGHTS MARKET, BY WATTAGE 20202030($MILLION)
TABLE 83.SOUTH KOREA LED GROW LIGHTS MARKET, BY SPECTRUM 20202030($MILLION)
TABLE 84.SOUTH KOREA LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 20202030($MILLION)
TABLE 85.SOUTH KOREA LED GROW LIGHTS MARKET, BY APPLICATION 20202030($MILLION)
TABLE 86.REST OF ASIA-PACIFIC LED GROW LIGHTS MARKET, BY WATTAGE 20202030($MILLION)
TABLE 87.REST OF ASIA-PACIFIC LED GROW LIGHTS MARKET, BY SPECTRUM 20202030($MILLION)
TABLE 88.REST OF ASIA-PACIFIC LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 20202030($MILLION)
TABLE 89.REST OF ASIA-PACIFIC LED GROW LIGHTS MARKET, BY APPLICATION 20202030($MILLION)
TABLE 90.LAMEA LED GROW LIGHTS MARKET, BY WATTAGE 20202030($MILLION)
TABLE 91.LAMEA LED GROW LIGHTS MARKET, BY SPECTRUM 20202030($MILLION)
TABLE 92.LAMEA LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 20202030($MILLION)
TABLE 93.LAMEA LED GROW LIGHTS MARKET FOR NEW INSTALLATION, BY FIXTURE CONTROL 20202030 ($MILLION)
TABLE 94.LAMEA LED GROW LIGHTS MARKET FOR RETROFIT, BY FIXTURE CONTROL 20202030 ($MILLION)
TABLE 95.LAMEA LED GROW LIGHTS MARKET, BY APPLICATION 20202030($MILLION)
TABLE 96.LATIN AMERICA LED GROW LIGHTS MARKET, BY WATTAGE 20202030($MILLION)
TABLE 97.LATIN AMERICA LED GROW LIGHTS MARKET, BY SPECTRUM 20202030($MILLION)
TABLE 98.LATIN AMERICA LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 20202030($MILLION)
TABLE 99.LATIN AMERICA LED GROW LIGHTS MARKET, BY APPLICATION 20202030($MILLION)
TABLE 100.MIDDLE EAST LED GROW LIGHTS MARKET, BY WATTAGE 20202030($MILLION)
TABLE 101.MIDDLE EAST LED GROW LIGHTS MARKET, BY SPECTRUM 20202030($MILLION)
TABLE 102.MIDDLE EAST LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 20202030($MILLION)
TABLE 103.MIDDLE EAST LED GROW LIGHTS MARKET, BY APPLICATION 20202030($MILLION)
TABLE 104.AFRICA LED GROW LIGHTS MARKET, BY WATTAGE 20202030($MILLION)
TABLE 105.AFRICA LED GROW LIGHTS MARKET, BY SPECTRUM 20202030($MILLION)
TABLE 106.AFRICA LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 20202030($MILLION)
TABLE 107.AFRICA LED GROW LIGHTS MARKET, BY APPLICATION 20202030($MILLION)
TABLE 108.BLACK DOG GROW TECHNOLOGIES INC.:KEY EXECUTIVES
TABLE 109.BLACK DOG GROW TECHNOLOGIES INC.: COMPANY SNAPSHOT
TABLE 110.BLACK DOG GROW TECHNOLOGIES INC.: PRODUCT PORTFOLIO
TABLE 111.BRIDGELUX, INC.:KEY EXECUTIVES
TABLE 112.BRIDGELUX, INC.: COMPANY SNAPSHOT
TABLE 113.BRIDGELUX, INC.: PRODUCT PORTFOLIO
TABLE 114.SMART GLOBAL HOLDINGS, INC.:KEY EXECUTIVES
TABLE 115.SMART GLOBAL HOLDINGS, INC.: COMPANY SNAPSHOT
TABLE 116.SMART GLOBAL HOLDINGS, INC.: OPERATING SEGMENTS
TABLE 117.SMART GLOBAL HOLDINGS, INC.: PRODUCT PORTFOLIO
TABLE 118.SMART GLOBAL HOLDINGS, INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 119.EVERLIGHT ELECTRONICS CO., LTD.:KEY EXECUTIVES
TABLE 120.EVERLIGHT ELECTRONICS CO., LTD.: COMPANY SNAPSHOT
TABLE 121.EVERLIGHT ELECTRONICS CO., LTD.: PRODUCT PORTFOLIO
TABLE 122.EVERLIGHT ELECTRONICS CO., LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 123.HELIOSPECTRA AB:KEY EXECUTIVES
TABLE 124.HELIOSPECTRA AB: COMPANY SNAPSHOT
TABLE 125.HELIOSPECTRA AB: OPERATING SEGMENTS
TABLE 126.HELIOSPECTRA AB: PRODUCT PORTFOLIO
TABLE 127.HELIOSPECTRA AB: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 128.LUMIGROW, INC.:KEY EXECUTIVES
TABLE 129.LUMIGROW, INC.: COMPANY SNAPSHOT
TABLE 130.LUMIGROW, INC.: PRODUCT PORTFOLIO
TABLE 131.LUMIGROW, INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 132.OSRAM GMBH:KEY EXECUTIVES
TABLE 133.OSRAM GMBH: COMPANY SNAPSHOT
TABLE 134.OSRAM GMBH: OPERATING SEGMENTS
TABLE 135.OSRAM GMBH: PRODUCT PORTFOLIO
TABLE 136.OSRAM GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 137.SAMSUNG:KEY EXECUTIVES
TABLE 138.SAMSUNG: COMPANY SNAPSHOT
TABLE 139.SAMSUNG: OPERATING SEGMENTS
TABLE 140.SAMSUNG: PRODUCT PORTFOLIO
TABLE 141.SAMSUNG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 142.SAVANT SYSTEMS, INC.:KEY EXECUTIVES
TABLE 143.SAVANT SYSTEMS, INC.: COMPANY SNAPSHOT
TABLE 144.SAVANT SYSTEMS, INC.: PRODUCT PORTFOLIO
TABLE 145.SAVANT SYSTEMS, INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 146.SIGNIFY HOLDING:KEY EXECUTIVES
TABLE 147.SIGNIFY HOLDING: COMPANY SNAPSHOT
TABLE 148.SIGNIFY HOLDING: OPERATING SEGMENTS
TABLE 149.SIGNIFY HOLDING: PRODUCT PORTFOLIO
TABLE 150.SIGNIFY HOLDING: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.EXECUTIVE SUMMARY
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 07.MODERATE TO HIGH THREAT OF NEW ENTRANTS
FIGURE 08.LOW TO MODERATE THREAT OF SUBSTITUTES
FIGURE 09.MODERATE INTENSITY OF RIVALRY
FIGURE 10.MODERATE BARGAINING POWER OF BUYERS
FIGURE 11.LED GROW LIGHTS MARKET, BY WATTAGE, 20202030
FIGURE 12.COMPARATIVE SHARE ANALYSIS OF LED GROW LIGHTS MARKET FOR LOW POWER, BY COUNTRY, 2020 & 2030 (%)
FIGURE 13.COMPARATIVE SHARE ANALYSIS OF LED GROW LIGHTS MARKET FOR MEDIUM POWER, BY COUNTRY, 2020 & 2030 (%)
FIGURE 14.COMPARATIVE SHARE ANALYSIS OF LED GROW LIGHTS MARKET FOR HIGH POWER, BY COUNTRY, 2020 & 2030 (%)
FIGURE 15.LED GROW LIGHTS MARKET, BY SPECTRUM, 20202030
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF NARROW LED GROW LIGHTS MARKET, BY COUNTRY, 2020 & 2030 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF BROAD LED GROW LIGHTS MARKET, BY COUNTRY, 2020 & 2030 (%)
FIGURE 18.LED GROW LIGHTS MARKET, BY INSTALLATION TYPE, 20202030
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF NEW INSTALLATION LED GROW LIGHTS MARKET, BY COUNTRY, 2020 & 2030 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF RETROFIT LED GROW LIGHTS MARKET, BY COUNTRY, 2020 & 2030 (%)
FIGURE 21.LED GROW LIGHTS MARKET, BY APPLICATION, 20202030
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF LED GROW LIGHTS MARKET FOR INDOOR FARMING, BY COUNTRY, 2020 & 2030 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF LED GROW LIGHTS MARKET FOR COMMERCIAL GREENHOUSE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF LED GROW LIGHTS MARKET FOR VERTICAL FARMING, BY COUNTRY, 2020 & 2030 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF LED GROW LIGHTS MARKET FOR TURF AND LANDSCAPING, BY COUNTRY, 2020 & 2030 (%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF LED GROW LIGHTS MARKET FOR RESEARCH, BY COUNTRY, 2020 & 2030 (%)
FIGURE 27.COMPARATIVE SHARE ANALYSIS OF LED GROW LIGHTS MARKET FOR OTHERS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 28.LED GROW LIGHTS MARKET, BY REGION, 20202030
FIGURE 29.NORTH AMERICA LED GROW LIGHTS MARKET, BY COUNTRY, 20202030
FIGURE 30.U.S. LED GROW LIGHTS MARKET, 20202030($MILLION)
FIGURE 31.CANADA LED GROW LIGHTS MARKET, 20202030($MILLION)
FIGURE 32.MEXICO LED GROW LIGHTS MARKET, 20202030($MILLION)
FIGURE 33.EUROPE LED GROW LIGHTS MARKET, BY COUNTRY, 20202030
FIGURE 34.GERMANY LED GROW LIGHTS MARKET, 20202030($MILLION)
FIGURE 35.UK LED GROW LIGHTS MARKET, 20202030($MILLION)
FIGURE 36.FRANCE LED GROW LIGHTS MARKET, 20202030($MILLION)
FIGURE 37.ITALY LED GROW LIGHTS MARKET, 20202030($MILLION)
FIGURE 38.REST OF EUROPE LED GROW LIGHTS MARKET, 20202030($MILLION)
FIGURE 39.ASIA-PACIFIC LED GROW LIGHTS MARKET, BY COUNTRY, 20202030
FIGURE 40.CHINA LED GROW LIGHTS MARKET, 20202030($MILLION)
FIGURE 41.JAPAN LED GROW LIGHTS MARKET, 20202030($MILLION)
FIGURE 42.INDIA LED GROW LIGHTS MARKET, 20202030($MILLION)
FIGURE 43.SOUTH KOREA LED GROW LIGHTS MARKET, 20202030($MILLION)
FIGURE 44.REST OF ASIA-PACIFIC LED GROW LIGHTS MARKET, 20202030($MILLION)
FIGURE 45.LAMEA LED GROW LIGHTS MARKET, BY COUNTRY, 20202030
FIGURE 46.LATIN AMERICA LED GROW LIGHTS MARKET, 20202030($MILLION)
FIGURE 47.MIDDLE EAST LED GROW LIGHTS MARKET, 20202030($MILLION)
FIGURE 48.AFRICA LED GROW LIGHTS MARKET, 20202030($MILLION)
FIGURE 49.KEY PLAYER POSITIONING, 2020
FIGURE 50.COMPETITIVE DASHBOARD
FIGURE 51.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 52.TOP WINNING STRATEGIES, BY YEAR, 20182020
FIGURE 53.TOP WINNING STRATEGIES, BY DEVELOPMENT, 20182020 (%)
FIGURE 54.TOP WINNING STRATEGIES,

Major Companies

  • Black Dog Grow Technologies Inc. (U.S.)
  • Bridgelux Inc. (U.S.)
  • CreeLED Inc. (U.S.)
  • EVERLIGHT Electronics Co. Ltd. (Taiwan)
  • Heliospectra AB (Sweden)
  • Lumigrow Inc. (U.S.)
  • OSRAM GmbH (Germany)
  • Samsung Electronics Co. Ltd. (South Korea)
  • Savant Systems Inc. (U.S.)
  • Signify Holding (Netherlands)

Major Segmentation

By Wattage

  • Low Power (<100 W)
  • Medium Power (100300 W)
  • High Power (>300 W)

By Spectrum

  • Narrow
  • Broad

By Installation Type

  • New Installation
    • Remote
    • Touch
  • Retrofit
    • Remote
    • Touch

By Application

  • Indoor Farming
  • Commercial Greenhouse
  • Vertical Farming
  • Turf and Landscaping
  • Research
  • Others

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