LPI (LP Information)' newest research report, the “Agricultural LED Industry Forecast” looks at past sales and reviews total world Agricultural LED sales in 2022, providing a comprehensive analysis by region and market sector of projected Agricultural LED sales for 2023 through 2029. With Agricultural LED sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Agricultural LED industry.
This Insight Report provides a comprehensive analysis of the global Agricultural LED landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Agricultural LED portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Agricultural LED market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Agricultural LED and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Agricultural LED.
The global Agricultural LED market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Agricultural LED is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Agricultural LED is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Agricultural LED is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Agricultural LED players cover Philips, Osram, General Electric, Easy Agricultural, Illumitex, Fionia Lighting, Lumigrow, Kind LED Grow Lights and California LightWorks, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Agricultural LED market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
0-30w LED Grow Lights
30-100w LED Grow Lights
Above 100w LED Grow Lights
Segmentation by application
Farming
Animal Husbandry
Fisheries
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.
Philips
Osram
General Electric
Easy Agricultural
Illumitex
Fionia Lighting
Lumigrow
Kind LED Grow Lights
California LightWorks
Spectrum King Grow Lights
Valoya
Weshine
Apollo Horticulture
Kessil
Cidly
Heliospectra AB
LEDHYDROPONICS
Ohmax Optoelectronic
Zhicheng
Noribachi
Greengage Lighting Ltd
Beba-Lighting UK Limited
ONCE，Inc.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Agricultural LED market?
What factors are driving Agricultural LED market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Agricultural LED market opportunities vary by end market size?
How does Agricultural LED break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

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 Agricultural LED Annual Sales 2018-2029 2.1.2 World Current & Future Analysis for Agricultural LED by Geographic Region, 2018, 2022 & 2029 2.1.3 World Current & Future Analysis for Agricultural LED by Country/Region, 2018, 2022 & 2029 2.2 Agricultural LED Segment by Type 2.2.1 0-30w LED Grow Lights 2.2.2 30-100w LED Grow Lights 2.2.3 Above 100w LED Grow Lights 2.3 Agricultural LED Sales by Type 2.3.1 Global Agricultural LED Sales Market Share by Type (2018-2023) 2.3.2 Global Agricultural LED Revenue and Market Share by Type (2018-2023) 2.3.3 Global Agricultural LED Sale Price by Type (2018-2023) 2.4 Agricultural LED Segment by Application 2.4.1 Farming 2.4.2 Animal Husbandry 2.4.3 Fisheries 2.4.4 Others 2.5 Agricultural LED Sales by Application 2.5.1 Global Agricultural LED Sale Market Share by Application (2018-2023) 2.5.2 Global Agricultural LED Revenue and Market Share by Application (2018-2023) 2.5.3 Global Agricultural LED Sale Price by Application (2018-2023) 3 Global Agricultural LED by Company 3.1 Global Agricultural LED Breakdown Data by Company 3.1.1 Global Agricultural LED Annual Sales by Company (2018-2023) 3.1.2 Global Agricultural LED Sales Market Share by Company (2018-2023) 3.2 Global Agricultural LED Annual Revenue by Company (2018-2023) 3.2.1 Global Agricultural LED Revenue by Company (2018-2023) 3.2.2 Global Agricultural LED Revenue Market Share by Company (2018-2023) 3.3 Global Agricultural LED Sale Price by Company 3.4 Key Manufacturers Agricultural LED Producing Area Distribution, Sales Area, Product Type 3.4.1 Key Manufacturers Agricultural LED Product Location Distribution 3.4.2 Players Agricultural LED Products Offered 3.5 Market Concentration Rate Analysis 3.5.1 Competition Landscape Analysis 3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2018-2023) 3.6 New Products and Potential Entrants 3.7 Mergers & Acquisitions, Expansion 4 World Historic Review for Agricultural LED by Geographic Region 4.1 World Historic Agricultural LED Market Size by Geographic Region (2018-2023) 4.1.1 Global Agricultural LED Annual Sales by Geographic Region (2018-2023) 4.1.2 Global Agricultural LED Annual Revenue by Geographic Region (2018-2023) 4.2 World Historic Agricultural LED Market Size by Country/Region (2018-2023) 4.2.1 Global Agricultural LED Annual Sales by Country/Region (2018-2023) 4.2.2 Global Agricultural LED Annual Revenue by Country/Region (2018-2023) 4.3 Americas Agricultural LED Sales Growth 4.4 APAC Agricultural LED Sales Growth 4.5 Europe Agricultural LED Sales Growth 4.6 Middle East & Africa Agricultural LED Sales Growth 5 Americas 5.1 Americas Agricultural LED Sales by Country 5.1.1 Americas Agricultural LED Sales by Country (2018-2023) 5.1.2 Americas Agricultural LED Revenue by Country (2018-2023) 5.2 Americas Agricultural LED Sales by Type 5.3 Americas Agricultural LED Sales by Application 5.4 United States 5.5 Canada 5.6 Mexico 5.7 Brazil 6 APAC 6.1 APAC Agricultural LED Sales by Region 6.1.1 APAC Agricultural LED Sales by Region (2018-2023) 6.1.2 APAC Agricultural LED Revenue by Region (2018-2023) 6.2 APAC Agricultural LED Sales by Type 6.3 APAC Agricultural LED Sales by Application 6.4 China 6.5 Japan 6.6 South Korea 6.7 Southeast Asia 6.8 India 6.9 Australia 6.10 China Taiwan 7 Europe 7.1 Europe Agricultural LED by Country 7.1.1 Europe Agricultural LED Sales by Country (2018-2023) 7.1.2 Europe Agricultural LED Revenue by Country (2018-2023) 7.2 Europe Agricultural LED Sales by Type 7.3 Europe Agricultural LED Sales by Application 7.4 Germany 7.5 France 7.6 UK 7.7 Italy 7.8 Russia 8 Middle East & Africa 8.1 Middle East & Africa Agricultural LED by Country 8.1.1 Middle East & Africa Agricultural LED Sales by Country (2018-2023) 8.1.2 Middle East & Africa Agricultural LED Revenue by Country (2018-2023) 8.2 Middle East & Africa Agricultural LED Sales by Type 8.3 Middle East & Africa Agricultural LED Sales by Application 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 Manufacturing Cost Structure Analysis 10.1 Raw Material and Suppliers 10.2 Manufacturing Cost Structure Analysis of Agricultural LED 10.3 Manufacturing Process Analysis of Agricultural LED 10.4 Industry Chain Structure of Agricultural LED 11 Marketing, Distributors and Customer 11.1 Sales Channel 11.1.1 Direct Channels 11.1.2 Indirect Channels 11.2 Agricultural LED Distributors 11.3 Agricultural LED Customer 12 World Forecast Review for Agricultural LED by Geographic Region 12.1 Global Agricultural LED Market Size Forecast by Region 12.1.1 Global Agricultural LED Forecast by Region (2024-2029) 12.1.2 Global Agricultural LED Annual Revenue Forecast by Region (2024-2029) 12.2 Americas Forecast by Country 12.3 APAC Forecast by Region 12.4 Europe Forecast by Country 12.5 Middle East & Africa Forecast by Country 12.6 Global Agricultural LED Forecast by Type 12.7 Global Agricultural LED Forecast by Application 13 Key Players Analysis 13.1 Philips 13.1.1 Philips Company Information 13.1.2 Philips Agricultural LED Product Portfolios and Specifications 13.1.3 Philips Agricultural LED Sales, Revenue, Price and Gross Margin (2018-2023) 13.1.4 Philips Main Business Overview 13.1.5 Philips Latest Developments 13.2 Osram 13.2.1 Osram Company Information 13.2.2 Osram Agricultural LED Product Portfolios and Specifications 13.2.3 Osram Agricultural LED Sales, Revenue, Price and Gross Margin (2018-2023) 13.2.4 Osram Main Business Overview 13.2.5 Osram Latest Developments 13.3 General Electric 13.3.1 General Electric Company Information 13.3.2 General Electric Agricultural LED Product Portfolios and Specifications 13.3.3 General Electric Agricultural LED Sales, Revenue, Price and Gross Margin (2018-2023) 13.3.4 General Electric Main Business Overview 13.3.5 General Electric Latest Developments 13.4 Easy Agricultural 13.4.1 Easy Agricultural Company Information 13.4.2 Easy Agricultural Agricultural LED Product Portfolios and Specifications 13.4.3 Easy Agricultural Agricultural LED Sales, Revenue, Price and Gross Margin (2018-2023) 13.4.4 Easy Agricultural Main Business Overview 13.4.5 Easy Agricultural Latest Developments 13.5 Illumitex 13.5.1 Illumitex Company Information 13.5.2 Illumitex Agricultural LED Product Portfolios and Specifications 13.5.3 Illumitex Agricultural LED Sales, Revenue, Price and Gross Margin (2018-2023) 13.5.4 Illumitex Main Business Overview 13.5.5 Illumitex Latest Developments 13.6 Fionia Lighting 13.6.1 Fionia Lighting Company Information 13.6.2 Fionia Lighting Agricultural LED Product Portfolios and Specifications 13.6.3 Fionia Lighting Agricultural LED Sales, Revenue, Price and Gross Margin (2018-2023) 13.6.4 Fionia Lighting Main Business Overview 13.6.5 Fionia Lighting Latest Developments 13.7 Lumigrow 13.7.1 Lumigrow Company Information 13.7.2 Lumigrow Agricultural LED Product Portfolios and Specifications 13.7.3 Lumigrow Agricultural LED Sales, Revenue, Price and Gross Margin (2018-2023) 13.7.4 Lumigrow Main Business Overview 13.7.5 Lumigrow Latest Developments 13.8 Kind LED Grow Lights 13.8.1 Kind LED Grow Lights Company Information 13.8.2 Kind LED Grow Lights Agricultural LED Product Portfolios and Specifications 13.8.3 Kind LED Grow Lights Agricultural LED Sales, Revenue, Price and Gross Margin (2018-2023) 13.8.4 Kind LED Grow Lights Main Business Overview 13.8.5 Kind LED Grow Lights Latest Developments 13.9 California LightWorks 13.9.1 California LightWorks Company Information 13.9.2 California LightWorks Agricultural LED Product Portfolios and Specifications 13.9.3 California LightWorks Agricultural LED Sales, Revenue, Price and Gross Margin (2018-2023) 13.9.4 California LightWorks Main Business Overview 13.9.5 California LightWorks Latest Developments 13.10 Spectrum King Grow Lights 13.10.1 Spectrum King Grow Lights Company Information 13.10.2 Spectrum King Grow Lights Agricultural LED Product Portfolios and Specifications 13.10.3 Spectrum King Grow Lights Agricultural LED Sales, Revenue, Price and Gross Margin (2018-2023) 13.10.4 Spectrum King Grow Lights Main Business Overview 13.10.5 Spectrum King Grow Lights Latest Developments 13.11 Valoya 13.11.1 Valoya Company Information 13.11.2 Valoya Agricultural LED Product Portfolios and Specifications 13.11.3 Valoya Agricultural LED Sales, Revenue, Price and Gross Margin (2018-2023) 13.11.4 Valoya Main Business Overview 13.11.5 Valoya Latest Developments 13.12 Weshine 13.12.1 Weshine Company Information 13.12.2 Weshine Agricultural LED Product Portfolios and Specifications 13.12.3 Weshine Agricultural LED Sales, Revenue, Price and Gross Margin (2018-2023) 13.12.4 Weshine Main Business Overview 13.12.5 Weshine Latest Developments 13.13 Apollo Horticulture 13.13.1 Apollo Horticulture Company Information 13.13.2 Apollo Horticulture Agricultural LED Product Portfolios and Specifications 13.13.3 Apollo Horticulture Agricultural LED Sales, Revenue, Price and Gross Margin (2018-2023) 13.13.4 Apollo Horticulture Main Business Overview 13.13.5 Apollo Horticulture Latest Developments 13.14 Kessil 13.14.1 Kessil Company Information 13.14.2 Kessil Agricultural LED Product Portfolios and Specifications 13.14.3 Kessil Agricultural LED Sales, Revenue, Price and Gross Margin (2018-2023) 13.14.4 Kessil Main Business Overview 13.14.5 Kessil Latest Developments 13.15 Cidly 13.15.1 Cidly Company Information 13.15.2 Cidly Agricultural LED Product Portfolios and Specifications 13.15.3 Cidly Agricultural LED Sales, Revenue, Price and Gross Margin (2018-2023) 13.15.4 Cidly Main Business Overview 13.15.5 Cidly Latest Developments 13.16 Heliospectra AB 13.16.1 Heliospectra AB Company Information 13.16.2 Heliospectra AB Agricultural LED Product Portfolios and Specifications 13.16.3 Heliospectra AB Agricultural LED Sales, Revenue, Price and Gross Margin (2018-2023) 13.16.4 Heliospectra AB Main Business Overview 13.16.5 Heliospectra AB Latest Developments 13.17 LEDHYDROPONICS 13.17.1 LEDHYDROPONICS Company Information 13.17.2 LEDHYDROPONICS Agricultural LED Product Portfolios and Specifications 13.17.3 LEDHYDROPONICS Agricultural LED Sales, Revenue, Price and Gross Margin (2018-2023) 13.17.4 LEDHYDROPONICS Main Business Overview 13.17.5 LEDHYDROPONICS Latest Developments 13.18 Ohmax Optoelectronic 13.18.1 Ohmax Optoelectronic Company Information 13.18.2 Ohmax Optoelectronic Agricultural LED Product Portfolios and Specifications 13.18.3 Ohmax Optoelectronic Agricultural LED Sales, Revenue, Price and Gross Margin (2018-2023) 13.18.4 Ohmax Optoelectronic Main Business Overview 13.18.5 Ohmax Optoelectronic Latest Developments 13.19 Zhicheng 13.19.1 Zhicheng Company Information 13.19.2 Zhicheng Agricultural LED Product Portfolios and Specifications 13.19.3 Zhicheng Agricultural LED Sales, Revenue, Price and Gross Margin (2018-2023) 13.19.4 Zhicheng Main Business Overview 13.19.5 Zhicheng Latest Developments 13.20 Noribachi 13.20.1 Noribachi Company Information 13.20.2 Noribachi Agricultural LED Product Portfolios and Specifications 13.20.3 Noribachi Agricultural LED Sales, Revenue, Price and Gross Margin (2018-2023) 13.20.4 Noribachi Main Business Overview 13.20.5 Noribachi Latest Developments 13.21 Greengage Lighting Ltd 13.21.1 Greengage Lighting Ltd Company Information 13.21.2 Greengage Lighting Ltd Agricultural LED Product Portfolios and Specifications 13.21.3 Greengage Lighting Ltd Agricultural LED Sales, Revenue, Price and Gross Margin (2018-2023) 13.21.4 Greengage Lighting Ltd Main Business Overview 13.21.5 Greengage Lighting Ltd Latest Developments 13.22 Beba-Lighting UK Limited 13.22.1 Beba-Lighting UK Limited Company Information 13.22.2 Beba-Lighting UK Limited Agricultural LED Product Portfolios and Specifications 13.22.3 Beba-Lighting UK Limited Agricultural LED Sales, Revenue, Price and Gross Margin (2018-2023) 13.22.4 Beba-Lighting UK Limited Main Business Overview 13.22.5 Beba-Lighting UK Limited Latest Developments 13.23 ONCE，Inc. 13.23.1 ONCE，Inc. Company Information 13.23.2 ONCE，Inc. Agricultural LED Product Portfolios and Specifications 13.23.3 ONCE，Inc. Agricultural LED Sales, Revenue, Price and Gross Margin (2018-2023) 13.23.4 ONCE，Inc. Main Business Overview 13.23.5 ONCE，Inc. Latest Developments 14 Research Findings and Conclusion