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A12416 | Pages: 280 | Charts: 74 | Tables: 150 |
The global LED grow lights market size was valued at $1.28 billion in 2020, and is projected to reach $12.32 billion by 2030, registering a CAGR of 28.2% from 2021 to 2030. LED grow lights are specialized LED lights used for growing indoor plants. These lights help plants in the process of photosynthesis and boost healthy development and yield incredible products. LED grow lights offer many benefits that other lighting technologies do not have. It includes longer lifespan, cooler temperature, greater efficiency, usage of full spectrum, compact size, and state rebates. These factors make it ideal for indoor plant growth.
Higher efficiency offered by LEDs is the prime reason that drives growth of the LED grow lights industry during. Further, LED lights offer higher controllability, which accelerates growth of the LED grow lights market. Moreover, rise in adoption of vertical farming is opportunistic for the market growth. Considering these factors, the market is estimated to experience exponential growth in the future.
Legalization of cannabis is expected to offer lucrative growth opportunities for the market during the forecast period. However, high initial investments act as major restrain for the LED grow lights market growth. Moreover, lack of standardization results in high risk of purchasing incompatible parts hampers the market growth.
The global LED grow lights market trends has been significantly impacted by the COVID-19 outbreak. Production facilities of electronics and semiconductors have been halted, owing to slowdown and unavailability of workforces across the globe. COVID-19 outbreak has caused a significant and protracted drop in manufacturing utilization and travel bans. In addition, facility closures kept workers out of their factories, which led to slowdown in growth of the industry in 2020.
[WATTAGEGRAPH]
The global LED grow lights market study covers 20 countries. The research includes a segment analysis of each country in terms of value for the projected period.
More than 1,500 product literatures, industry releases, annual reports, and other such documents of major LED grow lights market industry participants along with authentic industry journals, trade associations' releases, and government websites have been reviewed for generating high-value industry insights.
The study integrated high-quality data, professional opinions and analysis, and critical independent perspectives. The research approach is intended to provide a balanced view of global markets and to assist stakeholders in making educated decisions to achieve their most ambitious growth objectives.
There's a rising trend towards indoor farming due to urbanization, limited arable land, and changing weather patterns. LED grow lights are essential for providing artificial light that supports plant growth in controlled environments. Continuous advancements in LED technology, including improvements in efficiency, spectrum adjustability, and durability, drive adoption in the market. These advancements lead to better energy efficiency and reduced operational costs for growers. Supportive government policies and incentives promoting sustainable agriculture and energy-efficient technologies contribute significantly to LED grow lights market growth. Subsidies and rebates for adopting energy-efficient lighting solutions like LED grow lights encourage market expansion.
The LED grow lights market is segmented on the basis of wattage, spectrum, installation type, application, and region. On the basis of wattage, it is fragmented into low power (<100 W), medium power (100–300 W), and high power (>300 W). The low power segment dominated the market, in terms of revenue in 2020, and is expected to follow the same trend during the forecast period. On the basis of spectrum, the LED grow lights market is segregated into narrow and broad. The narrow segment dominated the market, in terms of revenue in 2020, and is anticipated to witness significant LED grow lightsmarket share during the forecast period.
[SPECTRUMGRAPH]
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By installation type, the LED grow lights market is divided into new installation, and retrofit. Both new installation and retrofit segments are further bifurcated into remote and touch. The market share for the new installation segment was highest in 2020, and is expected to grow at a high CAGR from 2021 to 2030. By application, the market is divided into indoor farming, commercial greenhouse, vertical farming, turf and landscaping, research, and others. The market share for the commercial greenhouse segment was highest in 2020, and the others segment is expected to grow at a high CAGR from 2021 to 2030.
[INSTALLATIONTYPEGRAPH]
North America: North America remains a dominant player due to early adoption and technological advancements in farming techniques. The U.S. in particular continues to lead in terms of revenue, driven by the cannabis industry.
Asia-Pacific: China is rapidly investing in indoor farming technologies and large-scale urban agriculture projects to enhance food security, which boosts LED grow light adoption. Australia and India are also showing increasing interest in LED grow lights for controlled environment farming to address climate-related agricultural challenges.
Europe: Europe is expected to experience steady growth due to its established position in precision agriculture, with the Netherlands at the forefront of advanced greenhouse technologies.
Latin America & Middle East: Brazil and Argentina are increasing investments in modern agriculture, including hydroponics and greenhouse farming, which supports the demand for LED grow lights. The Middle East, especially countries like the UAE and Saudi Arabia, is investing heavily in indoor farming technologies such as vertical farming and controlled-environment agriculture due to water scarcity and harsh climate conditions.
Significant factors that impact growth of the LED grow lights market include rise in adoption of vertical farming, higher efficiency, and higher controllability. However, lack of standardization and high initial investments are the factors that hamper the LED grow lights market growth. On the contrary, legalization of cannabis is expected to offer lucrative opportunities for the market during the forecast period.
[APPLICATIONGRAPH]
Competitive analysis and profiles of the major LED grow lights market players, such as 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.), and Signify Holding (Netherlands) are provided in this report. These key players have adopted various strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations, to increase their market penetration and strengthen their foothold in the industry.
[REGIONGRAPH]
This report delivers in-depth insights into the LED grow lights market by wattage, spectrum, installation type, application, and region, and key strategies employed by major players. It offers detailed LED grow lights market forecasts and emerging trends.
Low-power LED grow lights are suitable for small-scale operations and home growers who have limited space. These lights are typically used for indoor gardening, hobbyist growers, and small plants or seedlings. Due to their energy efficiency and lower heat generation, low-power lights are popular in residential setups where heat management is a concern. High-power LED grow lights are designed for large-scale commercial operations such as commercial greenhouses and vertical farming setups. These lights provide intense light suitable for high-light-requiring crops like cannabis, fruits, and certain vegetables. Although high-power lights are more expensive to operate, they offer superior coverage and intensity for large crops, leading to higher yields and faster growth cycles.
Narrow-spectrum LED grow lights focus on specific wavelengths tailored to particular plant growth stages. These lights are most effective when targeting either the vegetative phase or the flowering phase, optimizing photosynthesis and enhancing crop quality. Narrow-spectrum lighting is often used in research applications where specific wavelengths are required to study plant responses or to maximize productivity in a given phase of growth. Broad-spectrum LED grow lights mimic natural sunlight by providing a wider range of wavelengths that cover all growth phases of plants. These lights are suitable for both commercial and residential farming as they cater to the complete growth cycle from seedling to flowering. Broad-spectrum lights are widely used in commercial greenhouses, vertical farming, and indoor farming because of their versatility and ability to enhance overall crop quality.
New installation LED grow lights are used when setting up completely new farms or upgrading from traditional lighting systems. These lights are often installed in large-scale commercial operations such as indoor farming, greenhouses, or vertical farms. Growers prefer new installations when establishing advanced agricultural operations with state-of-the-art technologies to maximize energy efficiency and crop yields.
Indoor farming is one of the primary applications of LED grow lights, driven by urbanization and the need for controlled-environment agriculture. With the increasing focus on food security and efficient use of space, LED grow lights are key to ensuring high crop yields and consistent growth in environments where natural sunlight is absent. Commercial greenhouses extensively use LED grow lights to supplement natural sunlight, particularly in regions with less natural light or during the off-season. LED lighting enhances crop quality and allows for year-round production, especially for high-value crops like fruits, flowers, and vegetables. The ability to control the light spectrum and intensity optimizes plant growth, improving productivity.
The largest market for LED grow lights, driven primarily by the legalization of cannabis cultivation in several U.S. states and Canada. North America is also seeing a rise in urban and vertical farming, contributing to the high demand for energy-efficient lighting solutions. Government initiatives and rebates on energy-efficient farming equipment further fuel growth in this region. APAC is the fastest-growing region for LED grow lights, driven by countries like China, Japan, and South Korea, where there is an increasing demand for food security solutions. Rapid urbanization, population growth, and government initiatives promoting modern agricultural techniques are pushing the adoption of LED grow lights in indoor farming and vertical farming applications.
In 2024 - Acuity Brands launched its intention to acquire the Arize horticultural lighting product line from Current Lighting Solutions. This follows their 2022 introduction of the Verjure horticultural LED platform, indicating a continued push into the horticulture lighting segment.
In 2023 - Inventronics acquired the European and Asian Digital Systems business from ams OSRAM, further consolidating its presence in the LED market, including grow lights, by enhancing its portfolio of power supplies, light modules, and connected components.
Key Market Segments
Key Market Players
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, 2020–2030 ($MILLION)
TABLE 02.LED GROW LIGHTS MARKET FOR LOW POWER, BY REGION 2020–2030 ($MILLION)
TABLE 03.LED GROW LIGHTS MARKET FOR MEDIUM POWER, BY REGION 2020–2030($MILLION)
TABLE 04.LED GROW LIGHTS MARKET FOR HIGH POWER, BY REGION 2020–2030($MILLION)
TABLE 05.LED GROW LIGHTS MARKET, BY SPECTRUM, 2020–2030 ($MILLION)
TABLE 06.NARROW LED GROW LIGHTS MARKET, BY REGION 2020–2030 ($MILLION)
TABLE 07.BROAD LED GROW LIGHTS MARKET, BY REGION 2020–2030($MILLION)
TABLE 08.LED GROW LIGHTS MARKET, BY INSTALLATION TYPE, 2020–2030 ($MILLION)
TABLE 09.LED GROW LIGHTS MARKET FOR NEW INSTALLATION, BY FIXTURE CONTROL 2020–2030 ($MILLION)
TABLE 10.LED GROW LIGHTS MARKET FOR RETROFIT, BY FIXTURE CONTROL 2020–2030 ($MILLION)
TABLE 11.LED GROW LIGHTS MARKET FOR NEW INSTALLATION, BY REGION 2020–2030($MILLION)
TABLE 12.LED GROW LIGHTS MARKET FOR RETROFIT, BY REGION 2020–2030($MILLION)
TABLE 13.LED GROW LIGHTS MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 14.LED GROW LIGHTS MARKET FOR INDOOR FARMING, BY REGION 2020–2030($MILLION)
TABLE 15.LED GROW LIGHTS MARKET FOR COMMERCIAL GREENHOUSE, BY REGION 2020–2030($MILLION)
TABLE 16.LED GROW LIGHTS MARKET FOR VERTICAL FARMING, BY REGION 2020–2030($MILLION)
TABLE 17.LED GROW LIGHTS MARKET FOR TURF AND LANDSCAPING, BY REGION 2020–2030($MILLION)
TABLE 18.LED GROW LIGHTS MARKET FOR RESEARCH, BY REGION 2020–2030($MILLION)
TABLE 19.LED GROW LIGHTS MARKET FOR OTHERS, BY REGION 2020–2030($MILLION)
TABLE 20.NORTH AMERICA LED GROW LIGHTS MARKET, BY WATTAGE 2020–2030($MILLION)
TABLE 21.NORTH AMERICA LED GROW LIGHTS MARKET, BY SPECTRUM 2020–2030($MILLION)
TABLE 22.NORTH AMERICA LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 2020–2030($MILLION)
TABLE 23.NORTH AMERICA LED GROW LIGHTS MARKET FOR NEW INSTALLATION, BY FIXTURE CONTROL 2020–2030 ($MILLION)
TABLE 24.NORTH AMERICA LED GROW LIGHTS MARKET FOR RETROFIT, BY FIXTURE CONTROL 2020–2030 ($MILLION)
TABLE 25.NORTH AMERICA LED GROW LIGHTS MARKET, BY APPLICATION 2020–2030($MILLION)
TABLE 26.U.S. LED GROW LIGHTS MARKET, BY WATTAGE 2020–2030($MILLION)
TABLE 27.U.S. LED GROW LIGHTS MARKET, BY SPECTRUM 2020–2030($MILLION)
TABLE 28.U.S. LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 2020–2030($MILLION)
TABLE 29.U.S. LED GROW LIGHTS MARKET, BY APPLICATION 2020–2030($MILLION)
TABLE 30.CANADA LED GROW LIGHTS MARKET, BY WATTAGE 2020–2030($MILLION)
TABLE 31.CANADA LED GROW LIGHTS MARKET, BY SPECTRUM 2020–2030($MILLION)
TABLE 32.CANADA LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 2020–2030($MILLION)
TABLE 33.CANADA LED GROW LIGHTS MARKET, BY APPLICATION 2020–2030($MILLION)
TABLE 34.MEXICO LED GROW LIGHTS MARKET, BY WATTAGE 2020–2030($MILLION)
TABLE 35.MEXICO LED GROW LIGHTS MARKET, BY SPECTRUM 2020–2030($MILLION)
TABLE 36.MEXICO LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 2020–2030($MILLION)
TABLE 37.MEXICO LED GROW LIGHTS MARKET, BY APPLICATION 2020–2030($MILLION)
TABLE 38.EUROPE LED GROW LIGHTS MARKET, BY WATTAGE 2020–2030($MILLION)
TABLE 39.EUROPE LED GROW LIGHTS MARKET, BY SPECTRUM 2020–2030($MILLION)
TABLE 40.EUROPE LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 2020–2030($MILLION)
TABLE 41.EUROPE LED GROW LIGHTS MARKET FOR NEW INSTALLATION, BY FIXTURE CONTROL 2020–2030 ($MILLION)
TABLE 42.EUROPE LED GROW LIGHTS MARKET FOR RETROFIT, BY FIXTURE CONTROL 2020–2030 ($MILLION)
TABLE 43.EUROPE LED GROW LIGHTS MARKET, BY APPLICATION 2020–2030($MILLION)
TABLE 44.GERMANY LED GROW LIGHTS MARKET, BY WATTAGE 2020–2030($MILLION)
TABLE 45.GERMANY LED GROW LIGHTS MARKET, BY SPECTRUM 2020–2030($MILLION)
TABLE 46.GERMANY LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 2020–2030($MILLION)
TABLE 47.GERMANY LED GROW LIGHTS MARKET, BY APPLICATION 2020–2030($MILLION)
TABLE 48.UK LED GROW LIGHTS MARKET, BY WATTAGE 2020–2030($MILLION)
TABLE 49.UK LED GROW LIGHTS MARKET, BY SPECTRUM 2020–2030($MILLION)
TABLE 50.UK LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 2020–2030($MILLION)
TABLE 51.UK LED GROW LIGHTS MARKET, BY APPLICATION 2020–2030($MILLION)
TABLE 52.FRANCE LED GROW LIGHTS MARKET, BY WATTAGE 2020–2030($MILLION)
TABLE 53.FRANCE LED GROW LIGHTS MARKET, BY SPECTRUM 2020–2030($MILLION)
TABLE 54.FRANCE LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 2020–2030($MILLION)
TABLE 55.FRANCE LED GROW LIGHTS MARKET, BY APPLICATION 2020–2030($MILLION)
TABLE 56.ITALY LED GROW LIGHTS MARKET, BY WATTAGE 2020–2030($MILLION)
TABLE 57.ITALY LED GROW LIGHTS MARKET, BY SPECTRUM 2020–2030($MILLION)
TABLE 58.ITALY LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 2020–2030($MILLION)
TABLE 59.ITALY LED GROW LIGHTS MARKET, BY APPLICATION 2020–2030($MILLION)
TABLE 60.REST OF EUROPE LED GROW LIGHTS MARKET, BY WATTAGE 2020–2030($MILLION)
TABLE 61.REST OF EUROPE LED GROW LIGHTS MARKET, BY SPECTRUM 2020–2030($MILLION)
TABLE 62.REST OF EUROPE LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 2020–2030($MILLION)
TABLE 63.REST OF EUROPE LED GROW LIGHTS MARKET, BY APPLICATION 2020–2030($MILLION)
TABLE 64.ASIA-PACIFIC LED GROW LIGHTS MARKET, BY WATTAGE 2020–2030($MILLION)
TABLE 65.ASIA-PACIFIC LED GROW LIGHTS MARKET, BY SPECTRUM 2020–2030($MILLION)
TABLE 66.ASIA-PACIFIC LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 2020–2030($MILLION)
TABLE 67.ASIA-PACIFIC LED GROW LIGHTS MARKET FOR NEW INSTALLATION, BY FIXTURE CONTROL 2020–2030 ($MILLION)
TABLE 68.ASIA-PACIFIC LED GROW LIGHTS MARKET FOR RETROFIT, BY FIXTURE CONTROL 2020–2030 ($MILLION)
TABLE 69.ASIA-PACIFIC LED GROW LIGHTS MARKET, BY APPLICATION 2020–2030($MILLION)
TABLE 70.CHINA LED GROW LIGHTS MARKET, BY WATTAGE 2020–2030($MILLION)
TABLE 71.CHINA LED GROW LIGHTS MARKET, BY SPECTRUM 2020–2030($MILLION)
TABLE 72.CHINA LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 2020–2030($MILLION)
TABLE 73.CHINA LED GROW LIGHTS MARKET, BY APPLICATION 2020–2030($MILLION)
TABLE 74.JAPAN LED GROW LIGHTS MARKET, BY WATTAGE 2020–2030($MILLION)
TABLE 75.JAPAN LED GROW LIGHTS MARKET, BY SPECTRUM 2020–2030($MILLION)
TABLE 76.JAPAN LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 2020–2030($MILLION)
TABLE 77.JAPAN LED GROW LIGHTS MARKET, BY APPLICATION 2020–2030($MILLION)
TABLE 78.INDIA LED GROW LIGHTS MARKET, BY WATTAGE 2020–2030($MILLION)
TABLE 79.INDIA LED GROW LIGHTS MARKET, BY SPECTRUM 2020–2030($MILLION)
TABLE 80.INDIA LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 2020–2030($MILLION)
TABLE 81.INDIA LED GROW LIGHTS MARKET, BY APPLICATION 2020–2030($MILLION)
TABLE 82.SOUTH KOREA LED GROW LIGHTS MARKET, BY WATTAGE 2020–2030($MILLION)
TABLE 83.SOUTH KOREA LED GROW LIGHTS MARKET, BY SPECTRUM 2020–2030($MILLION)
TABLE 84.SOUTH KOREA LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 2020–2030($MILLION)
TABLE 85.SOUTH KOREA LED GROW LIGHTS MARKET, BY APPLICATION 2020–2030($MILLION)
TABLE 86.REST OF ASIA-PACIFIC LED GROW LIGHTS MARKET, BY WATTAGE 2020–2030($MILLION)
TABLE 87.REST OF ASIA-PACIFIC LED GROW LIGHTS MARKET, BY SPECTRUM 2020–2030($MILLION)
TABLE 88.REST OF ASIA-PACIFIC LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 2020–2030($MILLION)
TABLE 89.REST OF ASIA-PACIFIC LED GROW LIGHTS MARKET, BY APPLICATION 2020–2030($MILLION)
TABLE 90.LAMEA LED GROW LIGHTS MARKET, BY WATTAGE 2020–2030($MILLION)
TABLE 91.LAMEA LED GROW LIGHTS MARKET, BY SPECTRUM 2020–2030($MILLION)
TABLE 92.LAMEA LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 2020–2030($MILLION)
TABLE 93.LAMEA LED GROW LIGHTS MARKET FOR NEW INSTALLATION, BY FIXTURE CONTROL 2020–2030 ($MILLION)
TABLE 94.LAMEA LED GROW LIGHTS MARKET FOR RETROFIT, BY FIXTURE CONTROL 2020–2030 ($MILLION)
TABLE 95.LAMEA LED GROW LIGHTS MARKET, BY APPLICATION 2020–2030($MILLION)
TABLE 96.LATIN AMERICA LED GROW LIGHTS MARKET, BY WATTAGE 2020–2030($MILLION)
TABLE 97.LATIN AMERICA LED GROW LIGHTS MARKET, BY SPECTRUM 2020–2030($MILLION)
TABLE 98.LATIN AMERICA LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 2020–2030($MILLION)
TABLE 99.LATIN AMERICA LED GROW LIGHTS MARKET, BY APPLICATION 2020–2030($MILLION)
TABLE 100.MIDDLE EAST LED GROW LIGHTS MARKET, BY WATTAGE 2020–2030($MILLION)
TABLE 101.MIDDLE EAST LED GROW LIGHTS MARKET, BY SPECTRUM 2020–2030($MILLION)
TABLE 102.MIDDLE EAST LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 2020–2030($MILLION)
TABLE 103.MIDDLE EAST LED GROW LIGHTS MARKET, BY APPLICATION 2020–2030($MILLION)
TABLE 104.AFRICA LED GROW LIGHTS MARKET, BY WATTAGE 2020–2030($MILLION)
TABLE 105.AFRICA LED GROW LIGHTS MARKET, BY SPECTRUM 2020–2030($MILLION)
TABLE 106.AFRICA LED GROW LIGHTS MARKET, BY INSTALLATION TYPE 2020–2030($MILLION)
TABLE 107.AFRICA LED GROW LIGHTS MARKET, BY APPLICATION 2020–2030($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, 2020–2030
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, 2020–2030
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, 2020–2030
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, 2020–2030
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, 2020–2030
FIGURE 29.NORTH AMERICA LED GROW LIGHTS MARKET, BY COUNTRY, 2020–2030
FIGURE 30.U.S. LED GROW LIGHTS MARKET, 2020–2030($MILLION)
FIGURE 31.CANADA LED GROW LIGHTS MARKET, 2020–2030($MILLION)
FIGURE 32.MEXICO LED GROW LIGHTS MARKET, 2020–2030($MILLION)
FIGURE 33.EUROPE LED GROW LIGHTS MARKET, BY COUNTRY, 2020–2030
FIGURE 34.GERMANY LED GROW LIGHTS MARKET, 2020–2030($MILLION)
FIGURE 35.UK LED GROW LIGHTS MARKET, 2020–2030($MILLION)
FIGURE 36.FRANCE LED GROW LIGHTS MARKET, 2020–2030($MILLION)
FIGURE 37.ITALY LED GROW LIGHTS MARKET, 2020–2030($MILLION)
FIGURE 38.REST OF EUROPE LED GROW LIGHTS MARKET, 2020–2030($MILLION)
FIGURE 39.ASIA-PACIFIC LED GROW LIGHTS MARKET, BY COUNTRY, 2020–2030
FIGURE 40.CHINA LED GROW LIGHTS MARKET, 2020–2030($MILLION)
FIGURE 41.JAPAN LED GROW LIGHTS MARKET, 2020–2030($MILLION)
FIGURE 42.INDIA LED GROW LIGHTS MARKET, 2020–2030($MILLION)
FIGURE 43.SOUTH KOREA LED GROW LIGHTS MARKET, 2020–2030($MILLION)
FIGURE 44.REST OF ASIA-PACIFIC LED GROW LIGHTS MARKET, 2020–2030($MILLION)
FIGURE 45.LAMEA LED GROW LIGHTS MARKET, BY COUNTRY, 2020–2030
FIGURE 46.LATIN AMERICA LED GROW LIGHTS MARKET, 2020–2030($MILLION)
FIGURE 47.MIDDLE EAST LED GROW LIGHTS MARKET, 2020–2030($MILLION)
FIGURE 48.AFRICA LED GROW LIGHTS MARKET, 2020–2030($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, 2018–2020
FIGURE 53.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2018–2020 (%)
FIGURE 54.TOP WINNING STRATEGIES, BY COMPANY, 2018–2020
FIGURE 55.SMART GLOBAL HOLDINGS, INC.: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 56.SMART GLOBAL HOLDINGS, INC.: REVENUE, 2018–2020 ($MILLION)
FIGURE 57.SMART GLOBAL HOLDINGS, INC.: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 58.SMART GLOBAL HOLDINGS, INC.: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 59.EVERLIGHT ELECTRONICS CO., LTD.: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 60.EVERLIGHT ELECTRONICS CO., LTD.: REVENUE, 2017–2019 ($MILLION)
FIGURE 61.EVERLIGHT ELECTRONICS CO., LTD.: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 62.HELIOSPECTRA AB: REVENUE, 2018–2020 ($MILLION)
FIGURE 63.OSRAM GMBH: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 64.OSRAM GMBH: REVENUE, 2018–2020 ($MILLION)
FIGURE 65.OSRAM GMBH: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 66.OSRAM GMBH: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 67.SAMSUNG: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 68.SAMSUNG: NET SALES, 2018–2020 ($MILLION)
FIGURE 69.SAMSUNG: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 70.SAMSUNG: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 71.SIGNIFY HOLDING: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 72.SIGNIFY HOLDING: REVENUE, 2018–2020 ($MILLION)
FIGURE 73.SIGNIFY HOLDING: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 74.SIGNIFY HOLDING: REVENUE SHARE, BY REGION, 2020 (%)