Market Analysis and Insights: Global Horticulture LED Lighting Market
Due to the COVID-19 pandemic, the global Horticulture LED Lighting market size is estimated to be worth US$ 1069.9 million in 2022 and is forecast to a readjusted size of US$ 2196.8 million by 2028 with a CAGR of 12.7% during the review period. Fully considering the economic change by this health crisis, Low Power (<300W) accounting for % of the Horticulture LED Lighting global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Commercial Greenhouse segment is altered to an % CAGR throughout this forecast period.
China Horticulture LED Lighting market size is valued at US$ million in 2021, while the US and Europe Horticulture LED Lighting are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Horticulture LED Lighting landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Horticulture LED Lighting include Philips, Osram, Everlight Electronics, Hubbell Lighting, Cree, General Electric, Gavita, Kessil and Fionia Lighting, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Horticulture LED Lighting capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Horticulture LED Lighting by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Horticulture LED Lighting Scope and Segment
Horticulture LED Lighting market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Horticulture LED Lighting market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Low Power (<300W)
High Power (≥300W)
Segment by Application
Commercial Greenhouse
Indoor and Vertical Farming
R&D
By Company
Philips
Osram
Everlight Electronics
Hubbell Lighting
Cree
General Electric
Gavita
Kessil
Fionia Lighting
Illumitex
Lumigrow
Valoya
Cidly
Heliospectra AB
Ohmax Optoelectronic
Top Greenhouses
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Due to the COVID-19 pandemic, the global Horticulture LED Lighting market size is estimated to be worth US$ 1069.9 million in 2022 and is forecast to a readjusted size of US$ 2196.8 million by 2028 with a CAGR of 12.7% during the review period. Fully considering the economic change by this health crisis, Low Power (<300W) accounting for % of the Horticulture LED Lighting global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Commercial Greenhouse segment is altered to an % CAGR throughout this forecast period.
China Horticulture LED Lighting market size is valued at US$ million in 2021, while the US and Europe Horticulture LED Lighting are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Horticulture LED Lighting landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Horticulture LED Lighting include Philips, Osram, Everlight Electronics, Hubbell Lighting, Cree, General Electric, Gavita, Kessil and Fionia Lighting, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Horticulture LED Lighting capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Horticulture LED Lighting by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Horticulture LED Lighting Scope and Segment
Horticulture LED Lighting market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Horticulture LED Lighting market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Low Power (<300W)
High Power (≥300W)
Segment by Application
Commercial Greenhouse
Indoor and Vertical Farming
R&D
By Company
Philips
Osram
Everlight Electronics
Hubbell Lighting
Cree
General Electric
Gavita
Kessil
Fionia Lighting
Illumitex
Lumigrow
Valoya
Cidly
Heliospectra AB
Ohmax Optoelectronic
Top Greenhouses
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Frequently Asked Questions
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