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.
Market Analysis and Insights: Global Smart Horticulture LED Lighting Market
The global Smart Horticulture LED Lighting market is projected to grow from US$ 1432 million in 2024 to US$ 3925.1 million by 2030, at a Compound Annual Growth Rate (CAGR) of 18.3% during the forecast period.
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.
Report Covers:
This report presents an overview of global market for Smart Horticulture LED Lighting market size. Analyses of the global market trends, with historic market revenue data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of Smart Horticulture LED Lighting, also provides the revenue of main regions and countries. Highlights of the upcoming market potential for Smart Horticulture LED Lighting, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Smart Horticulture LED Lighting revenue, market share and industry ranking of main companies, data from 2019 to 2024. Identification of the major stakeholders in the global Smart Horticulture LED Lighting market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2019 to 2030. Evaluation and forecast the market size for Smart Horticulture LED Lighting revenue, projected growth trends, production technology, application and end-user industry.
Market Segmentation
By Company
Urban-gro
LumiGrow
Sollum Technologies
G2V Optics
Agnetix
OSRAM GmbH
LED iBond
Atop Lighting
Kroptek
Technical Consumer Products
Heliospectra
Illumitex
Segment by Type
Smart LED Light
Smart Software and Service
Segment by Application
Commercial Greenhouses
Indoor Vertical Farms
Hydroponics
Plant Science Research
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Revenue of Smart Horticulture LED Lighting in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Smart Horticulture LED Lighting companies鈥� competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: North America (US & Canada) by Type, by Application and by country, revenue for each segment.
Chapter 7: Europe by Type, by Application and by country, revenue for each segment.
Chapter 8: China by Type, and by Application, revenue for each segment.
Chapter 9: Asia (excluding China) by Type, by Application and by region, revenue for each segment.
Chapter 10: Middle East, Africa, and Latin America by Type, by Application and by country, revenue for each segment.
Chapter 11: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Smart Horticulture LED Lighting revenue, gross margin, and recent development, etc.
Chapter 12: Analyst's Viewpoints/Conclusions
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Smart Horticulture LED Lighting Market Size Growth Rate by Type, 2019 VS 2023 VS 2030
1.2.2 Smart LED Light
1.2.3 Smart Software and Service
1.3 Market by Application
1.3.1 Global Smart Horticulture LED Lighting Market Size Growth Rate by Application, 2019 VS 2023 VS 2030
1.3.2 Commercial Greenhouses
1.3.3 Indoor Vertical Farms
1.3.4 Hydroponics
1.3.5 Plant Science Research
1.3.6 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Smart Horticulture LED Lighting Market Perspective (2019-2030)
2.2 Global Smart Horticulture LED Lighting Growth Trends by Region
2.2.1 Smart Horticulture LED Lighting Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Smart Horticulture LED Lighting Historic Market Size by Region (2019-2024)
2.2.3 Smart Horticulture LED Lighting Forecasted Market Size by Region (2025-2030)
2.3 Smart Horticulture LED Lighting Market Dynamics
2.3.1 Smart Horticulture LED Lighting Industry Trends
2.3.2 Smart Horticulture LED Lighting Market Drivers
2.3.3 Smart Horticulture LED Lighting Market Challenges
2.3.4 Smart Horticulture LED Lighting Market Restraints
3 Competition Landscape by Key Players
3.1 Global Revenue Smart Horticulture LED Lighting 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 Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players of Smart Horticulture LED Lighting, Ranking by Revenue, 2022 VS 2023 VS 2024
3.4 Global Smart Horticulture LED Lighting Market Concentration Ratio
3.4.1 Global Smart Horticulture LED Lighting Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Smart Horticulture LED Lighting Revenue in 2023
3.5 Global Key Players of Smart Horticulture LED Lighting Head office and Area Served
3.6 Global Key Players of Smart Horticulture LED Lighting, Product and Application
3.7 Global Key Players of Smart Horticulture LED Lighting, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Smart Horticulture LED Lighting Breakdown Data by Type
4.1 Global Smart Horticulture LED Lighting Historic Market Size by Type (2019-2024)
4.2 Global Smart Horticulture LED Lighting Forecasted Market Size by Type (2025-2030)
5 Smart Horticulture LED Lighting Breakdown Data by Application
5.1 Global Smart Horticulture LED Lighting Historic Market Size by Application (2019-2024)
5.2 Global Smart Horticulture LED Lighting Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Smart Horticulture LED Lighting Market Size (2019-2030)
6.2 North America Smart Horticulture LED Lighting Market Size by Type
6.2.1 North America Smart Horticulture LED Lighting Market Size by Type (2019-2024)
6.2.2 North America Smart Horticulture LED Lighting Market Size by Type (2025-2030)
6.2.3 North America Smart Horticulture LED Lighting Market Share by Type (2019-2030)
6.3 North America Smart Horticulture LED Lighting Market Size by Application
6.3.1 North America Smart Horticulture LED Lighting Market Size by Application (2019-2024)
6.3.2 North America Smart Horticulture LED Lighting Market Size by Application (2025-2030)
6.3.3 North America Smart Horticulture LED Lighting Market Share by Application (2019-2030)
6.4 North America Smart Horticulture LED Lighting Market Size by Country
6.4.1 North America Smart Horticulture LED Lighting Market Size by Country: 2019 VS 2023 VS 2030
6.4.2 North America Smart Horticulture LED Lighting Market Size by Country (2019-2024)
6.4.3 North America Smart Horticulture LED Lighting Market Size by Country (2025-2030)
6.4.4 United States
6.4.5 Canada
7 Europe
7.1 Europe Smart Horticulture LED Lighting Market Size (2019-2030)
7.2 Europe Smart Horticulture LED Lighting Market Size by Type
7.2.1 Europe Smart Horticulture LED Lighting Market Size by Type (2019-2024)
7.2.2 Europe Smart Horticulture LED Lighting Market Size by Type (2025-2030)
7.2.3 Europe Smart Horticulture LED Lighting Market Share by Type (2019-2030)
7.3 Europe Smart Horticulture LED Lighting Market Size by Application
7.3.1 Europe Smart Horticulture LED Lighting Market Size by Application (2019-2024)
7.3.2 Europe Smart Horticulture LED Lighting Market Size by Application (2025-2030)
7.3.3 Europe Smart Horticulture LED Lighting Market Share by Application (2019-2030)
7.4 Europe Smart Horticulture LED Lighting Market Size by Country
7.4.1 Europe Smart Horticulture LED Lighting Market Size by Country: 2019 VS 2023 VS 2030
7.4.2 Europe Smart Horticulture LED Lighting Market Size by Country (2019-2024)
7.4.3 Europe Smart Horticulture LED Lighting Market Size by Country (2025-2030)
7.4.3 Germany
7.4.4 France
7.4.5 U.K.
7.4.6 Italy
7.4.7 Russia
7.4.8 Nordic Countries
8 China
8.1 China Smart Horticulture LED Lighting Market Size (2019-2030)
8.2 China Smart Horticulture LED Lighting Market Size by Type
8.2.1 China Smart Horticulture LED Lighting Market Size by Type (2019-2024)
8.2.2 China Smart Horticulture LED Lighting Market Size by Type (2025-2030)
8.2.3 China Smart Horticulture LED Lighting Market Share by Type (2019-2030)
8.3 China Smart Horticulture LED Lighting Market Size by Application
8.3.1 China Smart Horticulture LED Lighting Market Size by Application (2019-2024)
8.3.2 China Smart Horticulture LED Lighting Market Size by Application (2025-2030)
8.3.3 China Smart Horticulture LED Lighting Market Share by Application (2019-2030)
9 Asia (excluding China)
9.1 Asia Smart Horticulture LED Lighting Market Size (2019-2030)
9.2 Asia Smart Horticulture LED Lighting Market Size by Type
9.2.1 Asia Smart Horticulture LED Lighting Market Size by Type (2019-2024)
9.2.2 Asia Smart Horticulture LED Lighting Market Size by Type (2025-2030)
9.2.3 Asia Smart Horticulture LED Lighting Market Share by Type (2019-2030)
9.3 Asia Smart Horticulture LED Lighting Market Size by Application
9.3.1 Asia Smart Horticulture LED Lighting Market Size by Application (2019-2024)
9.3.2 Asia Smart Horticulture LED Lighting Market Size by Application (2025-2030)
9.3.3 Asia Smart Horticulture LED Lighting Market Share by Application (2019-2030)
9.4 Asia Smart Horticulture LED Lighting Market Size by Region
9.4.1 Asia Smart Horticulture LED Lighting Market Size by Region: 2019 VS 2023 VS 2030
9.4.2 Asia Smart Horticulture LED Lighting Market Size by Region (2019-2024)
9.4.3 Asia Smart Horticulture LED Lighting Market Size by Region (2025-2030)
9.4.4 Japan
9.4.5 South Korea
9.4.6 China Taiwan
9.4.7 Southeast Asia
9.4.8 India
9.4.9 Australia
10 Middle East, Africa, and Latin America
10.1 Middle East, Africa, and Latin America Smart Horticulture LED Lighting Market Size (2019-2030)
10.2 Middle East, Africa, and Latin America Smart Horticulture LED Lighting Market Size by Type
10.2.1 Middle East, Africa, and Latin America Smart Horticulture LED Lighting Market Size by Type (2019-2024)
10.2.2 Middle East, Africa, and Latin America Smart Horticulture LED Lighting Market Size by Type (2025-2030)
10.2.3 Middle East, Africa, and Latin America Smart Horticulture LED Lighting Market Share by Type (2019-2030)
10.3 Middle East, Africa, and Latin America Smart Horticulture LED Lighting Market Size by Application
10.3.1 Middle East, Africa, and Latin America Smart Horticulture LED Lighting Market Size by Application (2019-2024)
10.3.2 Middle East, Africa, and Latin America Smart Horticulture LED Lighting Market Size by Application (2025-2030)
10.3.3 Middle East, Africa, and Latin America Smart Horticulture LED Lighting Market Share by Application (2019-2030)
10.4 Middle East, Africa, and Latin America Smart Horticulture LED Lighting Market Size by Country
10.4.1 Middle East, Africa, and Latin America Smart Horticulture LED Lighting Market Size by Country: 2019 VS 2023 VS 2030
10.4.2 Middle East, Africa, and Latin America Smart Horticulture LED Lighting Market Size by Country (2019-2024)
10.4.3 Middle East, Africa, and Latin America Smart Horticulture LED Lighting Market Size by Country (2025-2030)
10.4.4 Brazil
10.4.5 Mexico
10.4.6 Turkey
10.4.7 Saudi Arabia
10.4.8 Israel
10.4.9 GCC Countries
11 Key Players Profiles
11.1 Urban-gro
11.1.1 Urban-gro Company Details
11.1.2 Urban-gro Business Overview
11.1.3 Urban-gro Smart Horticulture LED Lighting Introduction
11.1.4 Urban-gro Revenue in Smart Horticulture LED Lighting Business (2019-2024)
11.1.5 Urban-gro Recent Developments
11.2 LumiGrow
11.2.1 LumiGrow Company Details
11.2.2 LumiGrow Business Overview
11.2.3 LumiGrow Smart Horticulture LED Lighting Introduction
11.2.4 LumiGrow Revenue in Smart Horticulture LED Lighting Business (2019-2024)
11.2.5 LumiGrow Recent Developments
11.3 Sollum Technologies
11.3.1 Sollum Technologies Company Details
11.3.2 Sollum Technologies Business Overview
11.3.3 Sollum Technologies Smart Horticulture LED Lighting Introduction
11.3.4 Sollum Technologies Revenue in Smart Horticulture LED Lighting Business (2019-2024)
11.3.5 Sollum Technologies Recent Developments
11.4 G2V Optics
11.4.1 G2V Optics Company Details
11.4.2 G2V Optics Business Overview
11.4.3 G2V Optics Smart Horticulture LED Lighting Introduction
11.4.4 G2V Optics Revenue in Smart Horticulture LED Lighting Business (2019-2024)
11.4.5 G2V Optics Recent Developments
11.5 Agnetix
11.5.1 Agnetix Company Details
11.5.2 Agnetix Business Overview
11.5.3 Agnetix Smart Horticulture LED Lighting Introduction
11.5.4 Agnetix Revenue in Smart Horticulture LED Lighting Business (2019-2024)
11.5.5 Agnetix Recent Developments
11.6 OSRAM GmbH
11.6.1 OSRAM GmbH Company Details
11.6.2 OSRAM GmbH Business Overview
11.6.3 OSRAM GmbH Smart Horticulture LED Lighting Introduction
11.6.4 OSRAM GmbH Revenue in Smart Horticulture LED Lighting Business (2019-2024)
11.6.5 OSRAM GmbH Recent Developments
11.7 LED iBond
11.7.1 LED iBond Company Details
11.7.2 LED iBond Business Overview
11.7.3 LED iBond Smart Horticulture LED Lighting Introduction
11.7.4 LED iBond Revenue in Smart Horticulture LED Lighting Business (2019-2024)
11.7.5 LED iBond Recent Developments
11.8 Atop Lighting
11.8.1 Atop Lighting Company Details
11.8.2 Atop Lighting Business Overview
11.8.3 Atop Lighting Smart Horticulture LED Lighting Introduction
11.8.4 Atop Lighting Revenue in Smart Horticulture LED Lighting Business (2019-2024)
11.8.5 Atop Lighting Recent Developments
11.9 Kroptek
11.9.1 Kroptek Company Details
11.9.2 Kroptek Business Overview
11.9.3 Kroptek Smart Horticulture LED Lighting Introduction
11.9.4 Kroptek Revenue in Smart Horticulture LED Lighting Business (2019-2024)
11.9.5 Kroptek Recent Developments
11.10 Technical Consumer Products
11.10.1 Technical Consumer Products Company Details
11.10.2 Technical Consumer Products Business Overview
11.10.3 Technical Consumer Products Smart Horticulture LED Lighting Introduction
11.10.4 Technical Consumer Products Revenue in Smart Horticulture LED Lighting Business (2019-2024)
11.10.5 Technical Consumer Products Recent Developments
11.11 Heliospectra
11.11.1 Heliospectra Company Details
11.11.2 Heliospectra Business Overview
11.11.3 Heliospectra Smart Horticulture LED Lighting Introduction
11.11.4 Heliospectra Revenue in Smart Horticulture LED Lighting Business (2019-2024)
11.11.5 Heliospectra Recent Developments
11.12 Illumitex
11.12.1 Illumitex Company Details
11.12.2 Illumitex Business Overview
11.12.3 Illumitex Smart Horticulture LED Lighting Introduction
11.12.4 Illumitex Revenue in Smart Horticulture LED Lighting Business (2019-2024)
11.12.5 Illumitex Recent Developments
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Urban-gro
LumiGrow
Sollum Technologies
G2V Optics
Agnetix
OSRAM GmbH
LED iBond
Atop Lighting
Kroptek
Technical Consumer Products
Heliospectra
Illumitex
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*If Applicable.
