Global Smart Horticulture LED Lighting Market Growth (Status and Outlook) 2024-2030

Publication ID:

LPI10241374

Publication Date:

October 22, 2024

Pages:

109

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Organic Farming [2]

Agriculture [3]

Industry & Manufacturing [4]

Description:

The global Smart Horticulture LED Lighting market size was valued at US$ 1195.4 million in 2023. With growing demand in downstream market, the Smart Horticulture LED Lighting is forecast to a readjusted size of US$ 4035.9 million by 2030 with a CAGR of 19.0% during review period.
The research report highlights the growth potential of the global Smart Horticulture LED Lighting market. Smart Horticulture LED Lighting are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Smart Horticulture LED Lighting. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Smart Horticulture LED Lighting market.
In smart farming, natural light is replaced with smart LED/ light-emitting diode lighting which has the ability to manipulate and control light to promote and improve plant growth, enhance the energy efficiency, and render sustainable farming.
LED plant growth lamp is an artificial light source that uses LED (Light Emitting Diode) as the illuminant to meet the lighting conditions required for plant photosynthesis. In the absence of daylight, this light fixture can act as daylight, allowing plants to grow normally or better. According to our research, global LED Grow light market is about US$ 1222.2 million in 2022. Demand from Commercial Greenhouse and Indoor Growing Facilities are the major drivers for the industry. According to types, the most proportion of the LED Grow Lights is Partial Spectrum Light.
Key Features:
The report on Smart Horticulture LED Lighting market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Smart Horticulture LED Lighting market. It may include historical data, market segmentation by Type (e.g., Smart LED Light, Smart Software and Service), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Smart Horticulture LED Lighting market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Smart Horticulture LED Lighting market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Smart Horticulture LED Lighting industry. This include advancements in Smart Horticulture LED Lighting technology, Smart Horticulture LED Lighting new entrants, Smart Horticulture LED Lighting new investment, and other innovations that are shaping the future of Smart Horticulture LED Lighting.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Smart Horticulture LED Lighting market. It includes factors influencing customer ' purchasing decisions, preferences for Smart Horticulture LED Lighting product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Smart Horticulture LED Lighting market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Smart Horticulture LED Lighting market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Smart Horticulture LED Lighting market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Smart Horticulture LED Lighting industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Smart Horticulture LED Lighting market.
Market Segmentation:
Smart Horticulture LED Lighting market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
Smart LED Light
Smart Software and Service
Segmentation by application
Commercial Greenhouses
Indoor Vertical Farms
Hydroponics
Plant Science Research
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Urban-gro
LumiGrow
Sollum Technologies
G2V Optics
Agnetix
OSRAM GmbH
LED iBond
Atop Lighting
Kroptek
Technical Consumer Products
Heliospectra
Illumitex

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Smart Horticulture LED Lighting Market Size 2019-2030
2.1.2 Smart Horticulture LED Lighting Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Smart Horticulture LED Lighting Segment by Type
2.2.1 Smart LED Light
2.2.2 Smart Software and Service
2.3 Smart Horticulture LED Lighting Market Size by Type
2.3.1 Smart Horticulture LED Lighting Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Smart Horticulture LED Lighting Market Size Market Share by Type (2019-2024)
2.4 Smart Horticulture LED Lighting Segment by Application
2.4.1 Commercial Greenhouses
2.4.2 Indoor Vertical Farms
2.4.3 Hydroponics
2.4.4 Plant Science Research
2.4.5 Others
2.5 Smart Horticulture LED Lighting Market Size by Application
2.5.1 Smart Horticulture LED Lighting Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Smart Horticulture LED Lighting Market Size Market Share by Application (2019-2024)
3 Smart Horticulture LED Lighting Market Size by Player
3.1 Smart Horticulture LED Lighting Market Size Market Share by Players
3.1.1 Global Smart Horticulture LED Lighting Revenue by Players (2019-2024)
3.1.2 Global Smart Horticulture LED Lighting Revenue Market Share by Players (2019-2024)
3.2 Global Smart Horticulture LED Lighting Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Smart Horticulture LED Lighting by Regions
4.1 Smart Horticulture LED Lighting Market Size by Regions (2019-2024)
4.2 Americas Smart Horticulture LED Lighting Market Size Growth (2019-2024)
4.3 APAC Smart Horticulture LED Lighting Market Size Growth (2019-2024)
4.4 Europe Smart Horticulture LED Lighting Market Size Growth (2019-2024)
4.5 Middle East & Africa Smart Horticulture LED Lighting Market Size Growth (2019-2024)
5 Americas
5.1 Americas Smart Horticulture LED Lighting Market Size by Country (2019-2024)
5.2 Americas Smart Horticulture LED Lighting Market Size by Type (2019-2024)
5.3 Americas Smart Horticulture LED Lighting Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Smart Horticulture LED Lighting Market Size by Region (2019-2024)
6.2 APAC Smart Horticulture LED Lighting Market Size by Type (2019-2024)
6.3 APAC Smart Horticulture LED Lighting Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Smart Horticulture LED Lighting by Country (2019-2024)
7.2 Europe Smart Horticulture LED Lighting Market Size by Type (2019-2024)
7.3 Europe Smart Horticulture LED Lighting Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Smart Horticulture LED Lighting by Region (2019-2024)
8.2 Middle East & Africa Smart Horticulture LED Lighting Market Size by Type (2019-2024)
8.3 Middle East & Africa Smart Horticulture LED Lighting Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Smart Horticulture LED Lighting Market Forecast
10.1 Global Smart Horticulture LED Lighting Forecast by Regions (2025-2030)
10.1.1 Global Smart Horticulture LED Lighting Forecast by Regions (2025-2030)
10.1.2 Americas Smart Horticulture LED Lighting Forecast
10.1.3 APAC Smart Horticulture LED Lighting Forecast
10.1.4 Europe Smart Horticulture LED Lighting Forecast
10.1.5 Middle East & Africa Smart Horticulture LED Lighting Forecast
10.2 Americas Smart Horticulture LED Lighting Forecast by Country (2025-2030)
10.2.1 United States Smart Horticulture LED Lighting Market Forecast
10.2.2 Canada Smart Horticulture LED Lighting Market Forecast
10.2.3 Mexico Smart Horticulture LED Lighting Market Forecast
10.2.4 Brazil Smart Horticulture LED Lighting Market Forecast
10.3 APAC Smart Horticulture LED Lighting Forecast by Region (2025-2030)
10.3.1 China Smart Horticulture LED Lighting Market Forecast
10.3.2 Japan Smart Horticulture LED Lighting Market Forecast
10.3.3 Korea Smart Horticulture LED Lighting Market Forecast
10.3.4 Southeast Asia Smart Horticulture LED Lighting Market Forecast
10.3.5 India Smart Horticulture LED Lighting Market Forecast
10.3.6 Australia Smart Horticulture LED Lighting Market Forecast
10.4 Europe Smart Horticulture LED Lighting Forecast by Country (2025-2030)
10.4.1 Germany Smart Horticulture LED Lighting Market Forecast
10.4.2 France Smart Horticulture LED Lighting Market Forecast
10.4.3 UK Smart Horticulture LED Lighting Market Forecast
10.4.4 Italy Smart Horticulture LED Lighting Market Forecast
10.4.5 Russia Smart Horticulture LED Lighting Market Forecast
10.5 Middle East & Africa Smart Horticulture LED Lighting Forecast by Region (2025-2030)
10.5.1 Egypt Smart Horticulture LED Lighting Market Forecast
10.5.2 South Africa Smart Horticulture LED Lighting Market Forecast
10.5.3 Israel Smart Horticulture LED Lighting Market Forecast
10.5.4 Turkey Smart Horticulture LED Lighting Market Forecast
10.5.5 GCC Countries Smart Horticulture LED Lighting Market Forecast
10.6 Global Smart Horticulture LED Lighting Forecast by Type (2025-2030)
10.7 Global Smart Horticulture LED Lighting Forecast by Application (2025-2030)

11 Key Players Analysis
11.1 Urban-gro
11.1.1 Urban-gro Company Information
11.1.2 Urban-gro Smart Horticulture LED Lighting Product Offered
11.1.3 Urban-gro Smart Horticulture LED Lighting Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Urban-gro Main Business Overview
11.1.5 Urban-gro Latest Developments
11.2 LumiGrow
11.2.1 LumiGrow Company Information
11.2.2 LumiGrow Smart Horticulture LED Lighting Product Offered
11.2.3 LumiGrow Smart Horticulture LED Lighting Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 LumiGrow Main Business Overview
11.2.5 LumiGrow Latest Developments
11.3 Sollum Technologies
11.3.1 Sollum Technologies Company Information
11.3.2 Sollum Technologies Smart Horticulture LED Lighting Product Offered
11.3.3 Sollum Technologies Smart Horticulture LED Lighting Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Sollum Technologies Main Business Overview
11.3.5 Sollum Technologies Latest Developments
11.4 G2V Optics
11.4.1 G2V Optics Company Information
11.4.2 G2V Optics Smart Horticulture LED Lighting Product Offered
11.4.3 G2V Optics Smart Horticulture LED Lighting Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 G2V Optics Main Business Overview
11.4.5 G2V Optics Latest Developments
11.5 Agnetix
11.5.1 Agnetix Company Information
11.5.2 Agnetix Smart Horticulture LED Lighting Product Offered
11.5.3 Agnetix Smart Horticulture LED Lighting Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Agnetix Main Business Overview
11.5.5 Agnetix Latest Developments
11.6 OSRAM GmbH
11.6.1 OSRAM GmbH Company Information
11.6.2 OSRAM GmbH Smart Horticulture LED Lighting Product Offered
11.6.3 OSRAM GmbH Smart Horticulture LED Lighting Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 OSRAM GmbH Main Business Overview
11.6.5 OSRAM GmbH Latest Developments
11.7 LED iBond
11.7.1 LED iBond Company Information
11.7.2 LED iBond Smart Horticulture LED Lighting Product Offered
11.7.3 LED iBond Smart Horticulture LED Lighting Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 LED iBond Main Business Overview
11.7.5 LED iBond Latest Developments
11.8 Atop Lighting
11.8.1 Atop Lighting Company Information
11.8.2 Atop Lighting Smart Horticulture LED Lighting Product Offered
11.8.3 Atop Lighting Smart Horticulture LED Lighting Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 Atop Lighting Main Business Overview
11.8.5 Atop Lighting Latest Developments
11.9 Kroptek
11.9.1 Kroptek Company Information
11.9.2 Kroptek Smart Horticulture LED Lighting Product Offered
11.9.3 Kroptek Smart Horticulture LED Lighting Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 Kroptek Main Business Overview
11.9.5 Kroptek Latest Developments
11.10 Technical Consumer Products
11.10.1 Technical Consumer Products Company Information
11.10.2 Technical Consumer Products Smart Horticulture LED Lighting Product Offered
11.10.3 Technical Consumer Products Smart Horticulture LED Lighting Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 Technical Consumer Products Main Business Overview
11.10.5 Technical Consumer Products Latest Developments
11.11 Heliospectra
11.11.1 Heliospectra Company Information
11.11.2 Heliospectra Smart Horticulture LED Lighting Product Offered
11.11.3 Heliospectra Smart Horticulture LED Lighting Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 Heliospectra Main Business Overview
11.11.5 Heliospectra Latest Developments
11.12 Illumitex
11.12.1 Illumitex Company Information
11.12.2 Illumitex Smart Horticulture LED Lighting Product Offered
11.12.3 Illumitex Smart Horticulture LED Lighting Revenue, Gross Margin and Market Share (2019-2024)
11.12.4 Illumitex Main Business Overview
11.12.5 Illumitex Latest Developments
12 Research Findings and Conclusion

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