Aimed at indoor growing, LED grow lights are a relatively new breed of grow lights that produce better shoot quality and higher yields while using less electricity and producing less heat.
This report contains market size and forecasts of Indoor Growing LED Grow Lights in global, including the following market information:
Global Indoor Growing LED Grow Lights Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Indoor Growing LED Grow Lights Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Indoor Growing LED Grow Lights companies in 2021 (%)
The global Indoor Growing LED Grow Lights market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
100W Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Indoor Growing LED Grow Lights include VIVOSUN, Signify, General Electric, Osram, Everlight Electronics, Gavita, Hubbell Lighting, Kessil and Cree, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Indoor Growing LED Grow Lights manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Indoor Growing LED Grow Lights Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Indoor Growing LED Grow Lights Market Segment Percentages, by Type, 2021 (%)
100W
200W
Others
Global Indoor Growing LED Grow Lights Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Indoor Growing LED Grow Lights Market Segment Percentages, by Application, 2021 (%)
Commercial Greenhouse
Home Growing
Global Indoor Growing LED Grow Lights Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Indoor Growing LED Grow Lights Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Indoor Growing LED Grow Lights revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Indoor Growing LED Grow Lights revenues share in global market, 2021 (%)
Key companies Indoor Growing LED Grow Lights sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Indoor Growing LED Grow Lights sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
VIVOSUN
Signify
General Electric
Osram
Everlight Electronics
Gavita
Hubbell Lighting
Kessil
Cree
Philips
Illumitex
Lumigrow
Senmatic A/S
Valoya
Heliospectra AB
Cidly
Soltech Solutions
Ohmax Optoelectronic
Aceple
AIS LED Light
Roleadro
Vipple
Growray
TMLAPY
California Lightworks
VANQ Technology
Yaham Lighting
PARUS