LED Grow Light Market Size, Share, Analysis, Industry Report and Forecast 2022-2028
The global LED grow light market is anticipated to grow at a considerable CAGR of around 28.2% during the forecast period (2022-2028). The market players operating in the market are focusing on coming up with new LED grow light technology to aid in growing market demand. In May 2021, NextLight launched a new generation of LED grows light technology with NextLight Mega Pro. NextLight Mega Pro is a High efficient bright white LED grow light that is designed to efficiently outperform traditional 1000WDE HPS and also LED bar fixtures, especially in shared lighting that is high above the canopy. The LED light has the power and versatility for all stages and styles of indoor growing. On the other hand,
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In June 2021, BVV launched, Neocision Spectra LED
lighting fixtures that include three fixtures – the Elite, Pro, and Veg. The
first fixture is Neocision Spectra Elite a full spectrum light with optimized
blue and red spectra that is targeted to commercial growers. The second product
is Neocision Spectra Pro it is a full spectrum, mid-range offering
that is targeted to more price-conscious commercial, craft, home, and hobbyist
growers that carry an MSRP of USD 899. The last fixture is Neocision Spectra
Vegetative which is a full spectrum light with increased blue spectra for
better veg cycle plant development that is best before flowering and is
targeted to indoor and outdoor cultivators, which carries an MSRP of $449.
Market Coverage
• The
market number available for – 2021-2028
• Base
year- 2021
• Forecast
period- 2022-2028
Segment Covered-
·
By Installation Type
·
By Spectrum
·
By Application
Regions Covered-
·
North America
·
Europe
·
Asia-Pacific
·
Rest of the World
Competitive Landscape-
Black Dog Grow Technologies Inc., Bridgelux, Inc., Cree LED, EVERLIGHT
ELECTRONICS CO., LTD., Heliospectra AB, SAVANT TECHNOLOGIES LLC., Yaham
Optoelectronics Co. Ltd., and others.
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Global LED Grow Light Market Report Segment
By Installation Type
·
New
·
Retrofit
·
By Spectrum
·
Full
·
Partial
By Application
·
Indoor Farming
·
Vertical Farming
·
Turf & Landscaping
·
Commercial Greenhouse
·
Others
Global LED Grow Light Market Report by Region
North America
• US
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
Company Profiles
·
AIS LED
·
Biological Innovation and Optimization Systems,
LLC.
·
Enlite Energy Inc.
·
Grow Elite
·
Horti Tech BV
·
Infineon Technologies AG
·
Kroptek Ltd.
·
LumiGrow, Inc
·
Nexsel Tech.
·
OSRAM Gmbh
·
Samsung Electronics Co., Ltd.
·
SANlight GmbH
·
Savant Systems, Inc
·
Senmatic A/S
·
Signify Holding
·
Trimleaf Canada
·
Valoya Ltd
·
Vertically Urban Ltd
·
Vipple
·
Yaham Optoelectronics Co.,Ltd.
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15 major industries, further segmented into more than 90 sectors.
2. More than 120
countries are for analysis.
3. Over 100+ paid
data sources mined for investigation.
4. Our expert
research analysts answer all your questions before and after purchasing your
report.
About Orion Market Research
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