Light-Emitting Diode (LED) Grow Lights Market 2024-2028
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overview_1
Incremental Growth2024-2028 (US$mn)

$ 11321.4

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2024 Year-over-Year Growth

29.04%

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CAGR (2024-2028)

39.04%

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Report Coverage

Global

Light-Emitting Diode (Led) Grow Lights Market Segmentation

Market Segmentation & Scope

Market Segment by Geographic Landscape

regional_img

35%

of the growth will originate

from Europe

Global Market Size 2018 - 2028 (US$ Mn)

Market is segmented by Application into Commercial greenhouses, Vertical farming, Indoor farming, Others

The Commercial greenhouses is expected to be largest growing segment during 2024-2028

Largest Segment - Commercial greenhouses

US$ 3,484.20 Mn

Light-Emitting Diode (Led) Grow Lights Market by Application into Commercial greenhouses; 2018-2028 (US$ Mn)

Commercial greenhouses Market Revenue and Forecast 2018-2028 (US$ Mn)

Commercial greenhouses

  • Commercial greenhouses Market Size and Forecast 2018 to 2028 (US$ Mn)

Light-Emitting Diode (Led) Grow Lights Market by Application into Vertical farming; 2018-2028 (US$ Mn)

Vertical farming Market Revenue and Forecast 2018-2028 (US$ Mn)

Vertical farming

  • Vertical farming Market Size and Forecast 2018 to 2028 (US$ Mn)

Light-Emitting Diode (Led) Grow Lights Market by Application into Indoor farming; 2018-2028 (US$ Mn)

Indoor farming Market Revenue and Forecast 2018-2028 (US$ Mn)

Indoor farming

  • Indoor farming Market Size and Forecast 2018 to 2028 (US$ Mn)

Light-Emitting Diode (Led) Grow Lights Market by Application into Others; 2018-2028 (US$ Mn)

Others Market Revenue and Forecast 2018-2028 (US$ Mn)

Others

  • Others Market Size and Forecast 2018 to 2028 (US$ Mn)

Market is segmented by Power Rating into Low power (lesser than 100 W), Medium power (100-300 W), High power (greater than 300 W)

The Low power (lesser than 100 W) is expected to be largest growing segment during 2024-2028

Largest Segment - Low power (lesser than 100 w)

US$ 3,343.30 Mn

Light-Emitting Diode (Led) Grow Lights Market Size by Segmentation, by Power Rating (US$ Mn)

Power Rating 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 CAGR (%)
Low power (lesser than 100 W) XX XX XX XX XX XX XX XX XX XX XX
Medium power (100-300 W) XX XX XX XX XX XX XX XX XX XX XX
High power (greater than 300 W) XX XX XX XX XX XX XX XX XX XX XX

Light-Emitting Diode (Led) Grow Lights Market by Power Rating into Low power (lesser than 100 W); 2018-2028 (US$ Mn)

Low power (lesser than 100 W) Market Revenue and Forecast 2018-2028 (US$ Mn)

Low power (lesser than 100 W)

  • Low power (lesser than 100 W) Market Size and Forecast 2018 to 2028 (US$ Mn)

Light-Emitting Diode (Led) Grow Lights Market by Power Rating into Medium power (100-300 W); 2018-2028 (US$ Mn)

Medium power (100-300 W) Market Revenue and Forecast 2018-2028 (US$ Mn)

Medium power (100-300 W)

  • Medium power (100-300 W) Market Size and Forecast 2018 to 2028 (US$ Mn)

Light-Emitting Diode (Led) Grow Lights Market by Power Rating into High power (greater than 300 W); 2018-2028 (US$ Mn)

High power (greater than 300 W) Market Revenue and Forecast 2018-2028 (US$ Mn)

High power (greater than 300 W)

  • High power (greater than 300 W) Market Size and Forecast 2018 to 2028 (US$ Mn)

Market is segmented by Geography into Europe, North America, APAC, South America, Middle East and Africa

The Europe is estimated to contribute 35% to the growth of global market during the forecast period 2024-2028.

Largest Segment - Europe

35%

Regional share of different regions, including Europe, North America, APAC, South America

Region 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 CAGR (%)
Europe 466.10 XX XX XX XX XX XX XX XX XX XX XX
North America XX 498.20 XX XX XX XX XX XX XX XX XX XX
APAC XX XX 347.30 XX XX XX XX XX XX XX XX XX
South America XX XX XX 92.70 108.20 XX XX XX XX XX XX XX
Middle East and Africa XX XX XX XX XX XX XX XX XX XX XX XX

Light-Emitting Diode (Led) Grow Lights Market Size by Geography into Europe; 2018-2028 (US$ Mn)

Europe Market Revenue and Forecast 2018-2028 (US$ Mn)

Light-Emitting Diode (Led) Grow Lights Market Size by Country into UK; 2018-2028 (US$ Mn)

UK Market Revenue and Forecast 2018-2028 (US$ Mn)

Light-Emitting Diode (Led) Grow Lights Market Size by Geography into North America; 2018-2028 (US$ Mn)

North America Market Revenue and Forecast 2018-2028 (US$ Mn)

Light-Emitting Diode (Led) Grow Lights Market Size by Country into Canada; 2018-2028 (US$ Mn)

Canada Market Revenue and Forecast 2018-2028 (US$ Mn)

Light-Emitting Diode (Led) Grow Lights Market Size by Country into US; 2018-2028 (US$ Mn)

US Market Revenue and Forecast 2018-2028 (US$ Mn)

Light-Emitting Diode (Led) Grow Lights Market Size by Geography into APAC; 2018-2028 (US$ Mn)

APAC Market Revenue and Forecast 2018-2028 (US$ Mn)

Light-Emitting Diode (Led) Grow Lights Market Size by Country into China; 2018-2028 (US$ Mn)

China Market Revenue and Forecast 2018-2028 (US$ Mn)

Light-Emitting Diode (Led) Grow Lights Market Size by Geography into South America; 2018-2028 (US$ Mn)

South America Market Revenue and Forecast 2018-2028 (US$ Mn)

Light-Emitting Diode (Led) Grow Lights Market Size by Geography into Middle East and Africa; 2018-2028 (US$ Mn)

Middle East and Africa Market Revenue and Forecast 2018-2028 (US$ Mn)

Major Companies

Market Companies

Name Profile Employees Headquarters Website
Advanced Grow Lights American Co.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Biological Innovation and Optimization Systems LLCView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Black Dog Grow Technologies Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Bridgelux Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Controlled Environments Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Dool IndustriesView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
General Electric Co.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
GrowRay Lighting TechnologiesView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Heliospectra ABView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
KessilView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Kind LED Grow LightsView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
LED Hydroponic Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
OSRAM Licht AGView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Samsung Electronics Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
SANlight GmbHView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Senmatic ASView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Shenzhen Grow LED Technology Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Signify NVView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
SMART Global Holdings Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Valoya OyView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com

Light-Emitting Diode (Led) Grow Lights Market Scope

  1. By Application
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ million) Analysis By Application, 2018 to 2022
    3. Current and Future Market Size Value (US$ million) Analysis and Forecast By Application, 2024 to 2028
      1. Commercial greenhouses
      2. Vertical farming
      3. Indoor farming
      4. Others
    4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022
    5. Absolute $ Opportunity Analysis By Application, 2024 to 2028
  2. By Power Rating
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ million) Analysis By Power Rating, 2018 to 2022
    3. Current and Future Market Size Value (US$ million) Analysis and Forecast By Power Rating, 2024 to 2028
      1. Low power (lesser than 100 W)
      2. Medium power (100-300 W)
      3. High power (greater than 300 W)
    4. Y-o-Y Growth Trend Analysis By Power Rating, 2018 to 2022
    5. Absolute $ Opportunity Analysis By Power Rating, 2024 to 2028
  3. By Region
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ million) Analysis By Region, 2018 to 2022
    3. Current and Future Market Size Value (US$ million) Analysis and Forecast By Region, 2024 to 2028
      1. Europe
      2. North America
      3. APAC
      4. South America
      5. Middle East and Africa
  4. Europe Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Country
      1. UK
    4. By Application
    5. By Power Rating
  5. North America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Country
      1. Canada
      2. US
    4. By Application
    5. By Power Rating
  6. APAC Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Country
      1. China
    4. By Application
    5. By Power Rating
  7. South America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Application
    4. By Power Rating
  8. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Application
    4. By Power Rating

Major Companies

Market companies

Name Profile Employees Headquarters Website
Advanced Grow Lights American Co.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Biological Innovation and Optimization Systems LLCView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Black Dog Grow Technologies Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Bridgelux Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Controlled Environments Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Dool IndustriesView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
General Electric Co.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
GrowRay Lighting TechnologiesView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Heliospectra ABView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
KessilView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Kind LED Grow LightsView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
LED Hydroponic Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
OSRAM Licht AGView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Samsung Electronics Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
SANlight GmbHView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Senmatic ASView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Shenzhen Grow LED Technology Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Signify NVView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
SMART Global Holdings Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Valoya OyView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
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