Report Thumbnail
Product Code LP0914710472OW9
Published Date 2023/2/22
English126 PagesGlobal

Global LED Farming Market Growth 2023-2029Food_Beverage_Agriculture Market


Report Thumbnail
Product Code LP0914710472OW9◆The Feb 2026 edition is also likely available. We will check with the publisher immediately.
Published Date 2023/2/22
English 126 PagesGlobal

Global LED Farming Market Growth 2023-2029Food_Beverage_Agriculture Market



Abstract


Summary

LPI (LP Information)' newest research report, the “LED Farming Industry Forecast” looks at past sales and reviews total world LED Farming sales in 2022, providing a comprehensive analysis by region and market sector of projected LED Farming sales for 2023 through 2029. With LED Farming sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world LED Farming industry.
This Insight Report provides a comprehensive analysis of the global LED Farming 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 LED Farming portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global LED Farming market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LED Farming 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 LED Farming.
The global LED Farming 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 LED Farming 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 LED Farming 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 LED Farming is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key LED Farming players cover Scynce LED, Senmatic AS, Signify, Smart Grow Systems, Inc., California Lightworks, Cidly, Cree, Inc., EconoLux Industries Ltd. and Everlight Electronics Co., Ltd, 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 LED Farming market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
by Spectrum
Narrow
Broad
by Wattage
Low Power (<100 W)
Medium Power (100-300 W)
High Power (>300 W)
Segmentation by application
Indoor Farming
Vertical Farming
Commercial Greenhouse
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.
Scynce LED
Senmatic AS
Signify
Smart Grow Systems, Inc.
California Lightworks
Cidly
Cree, Inc.
EconoLux Industries Ltd.
Everlight Electronics Co., Ltd
EYE HORTILUX
Gavita International B.V.
GE Lighting
General Electric Company
GlacialLight
Growray
Heliospectra AB
Hortilux Schréder
Hubbell Lighting
Illumitex
ILUMINAR Lighting
LumiGrow
Oreon
OSRAM Opto Semiconductors GmbH
Valoya
VANQ Technology
ViparSpectra
Vipple
Yaham Lighting
Black Dog Grow Technologies Inc.
Bridgelux, Inc
Active Grow
Aerofarms LLC
Agnetix
Agrolux BV
AIS LED Light
Alta LED
Telos Lighting
Thrive Agritech
PARsource
PARUS
Koninklijke Philips N.V.
Kroptek
Key Questions Addressed in this Report
What is the 10-year outlook for the global LED Farming market?
What factors are driving LED Farming market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do LED Farming market opportunities vary by end market size?
How does LED Farming break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

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 LED Farming Annual Sales 2018-2029
      • 2.1.2 World Current & Future Analysis for LED Farming by Geographic Region, 2018, 2022 & 2029
      • 2.1.3 World Current & Future Analysis for LED Farming by Country/Region, 2018, 2022 & 2029
    • 2.2 LED Farming Segment by Type
      • 2.2.1 Narrow
      • 2.2.2 Broad
    • 2.3 LED Farming Sales by Type
      • 2.3.1 Global LED Farming Sales Market Share by Type (2018-2023)
      • 2.3.2 Global LED Farming Revenue and Market Share by Type (2018-2023)
      • 2.3.3 Global LED Farming Sale Price by Type (2018-2023)
    • 2.4 LED Farming Segment by Application
      • 2.4.1 Indoor Farming
      • 2.4.2 Vertical Farming
      • 2.4.3 Commercial Greenhouse
      • 2.4.4 Others
    • 2.5 LED Farming Sales by Application
      • 2.5.1 Global LED Farming Sale Market Share by Application (2018-2023)
      • 2.5.2 Global LED Farming Revenue and Market Share by Application (2018-2023)
      • 2.5.3 Global LED Farming Sale Price by Application (2018-2023)
  • 3 Global LED Farming by Company

    • 3.1 Global LED Farming Breakdown Data by Company
      • 3.1.1 Global LED Farming Annual Sales by Company (2018-2023)
      • 3.1.2 Global LED Farming Sales Market Share by Company (2018-2023)
    • 3.2 Global LED Farming Annual Revenue by Company (2018-2023)
      • 3.2.1 Global LED Farming Revenue by Company (2018-2023)
      • 3.2.2 Global LED Farming Revenue Market Share by Company (2018-2023)
    • 3.3 Global LED Farming Sale Price by Company
    • 3.4 Key Manufacturers LED Farming Producing Area Distribution, Sales Area, Product Type
      • 3.4.1 Key Manufacturers LED Farming Product Location Distribution
      • 3.4.2 Players LED Farming 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 LED Farming by Geographic Region

    • 4.1 World Historic LED Farming Market Size by Geographic Region (2018-2023)
      • 4.1.1 Global LED Farming Annual Sales by Geographic Region (2018-2023)
      • 4.1.2 Global LED Farming Annual Revenue by Geographic Region (2018-2023)
    • 4.2 World Historic LED Farming Market Size by Country/Region (2018-2023)
      • 4.2.1 Global LED Farming Annual Sales by Country/Region (2018-2023)
      • 4.2.2 Global LED Farming Annual Revenue by Country/Region (2018-2023)
    • 4.3 Americas LED Farming Sales Growth
    • 4.4 APAC LED Farming Sales Growth
    • 4.5 Europe LED Farming Sales Growth
    • 4.6 Middle East & Africa LED Farming Sales Growth
  • 5 Americas

    • 5.1 Americas LED Farming Sales by Country
      • 5.1.1 Americas LED Farming Sales by Country (2018-2023)
      • 5.1.2 Americas LED Farming Revenue by Country (2018-2023)
    • 5.2 Americas LED Farming Sales by Type
    • 5.3 Americas LED Farming Sales by Application
    • 5.4 United States
    • 5.5 Canada
    • 5.6 Mexico
    • 5.7 Brazil
  • 6 APAC

    • 6.1 APAC LED Farming Sales by Region
      • 6.1.1 APAC LED Farming Sales by Region (2018-2023)
      • 6.1.2 APAC LED Farming Revenue by Region (2018-2023)
    • 6.2 APAC LED Farming Sales by Type
    • 6.3 APAC LED Farming 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 LED Farming by Country
      • 7.1.1 Europe LED Farming Sales by Country (2018-2023)
      • 7.1.2 Europe LED Farming Revenue by Country (2018-2023)
    • 7.2 Europe LED Farming Sales by Type
    • 7.3 Europe LED Farming 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 LED Farming by Country
      • 8.1.1 Middle East & Africa LED Farming Sales by Country (2018-2023)
      • 8.1.2 Middle East & Africa LED Farming Revenue by Country (2018-2023)
    • 8.2 Middle East & Africa LED Farming Sales by Type
    • 8.3 Middle East & Africa LED Farming 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 LED Farming
    • 10.3 Manufacturing Process Analysis of LED Farming
    • 10.4 Industry Chain Structure of LED Farming
  • 11 Marketing, Distributors and Customer

    • 11.1 Sales Channel
      • 11.1.1 Direct Channels
      • 11.1.2 Indirect Channels
    • 11.2 LED Farming Distributors
    • 11.3 LED Farming Customer
  • 12 World Forecast Review for LED Farming by Geographic Region

    • 12.1 Global LED Farming Market Size Forecast by Region
      • 12.1.1 Global LED Farming Forecast by Region (2024-2029)
      • 12.1.2 Global LED Farming 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 LED Farming Forecast by Type
    • 12.7 Global LED Farming Forecast by Application
  • 13 Key Players Analysis

    • 13.1 Scynce LED
      • 13.1.1 Scynce LED Company Information
      • 13.1.2 Scynce LED LED Farming Product Portfolios and Specifications
      • 13.1.3 Scynce LED LED Farming Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.1.4 Scynce LED Main Business Overview
      • 13.1.5 Scynce LED Latest Developments
    • 13.2 Senmatic AS
      • 13.2.1 Senmatic AS Company Information
      • 13.2.2 Senmatic AS LED Farming Product Portfolios and Specifications
      • 13.2.3 Senmatic AS LED Farming Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.2.4 Senmatic AS Main Business Overview
      • 13.2.5 Senmatic AS Latest Developments
    • 13.3 Signify
      • 13.3.1 Signify Company Information
      • 13.3.2 Signify LED Farming Product Portfolios and Specifications
      • 13.3.3 Signify LED Farming Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.3.4 Signify Main Business Overview
      • 13.3.5 Signify Latest Developments
    • 13.4 Smart Grow Systems, Inc.
      • 13.4.1 Smart Grow Systems, Inc. Company Information
      • 13.4.2 Smart Grow Systems, Inc. LED Farming Product Portfolios and Specifications
      • 13.4.3 Smart Grow Systems, Inc. LED Farming Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.4.4 Smart Grow Systems, Inc. Main Business Overview
      • 13.4.5 Smart Grow Systems, Inc. Latest Developments
    • 13.5 California Lightworks
      • 13.5.1 California Lightworks Company Information
      • 13.5.2 California Lightworks LED Farming Product Portfolios and Specifications
      • 13.5.3 California Lightworks LED Farming Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.5.4 California Lightworks Main Business Overview
      • 13.5.5 California Lightworks Latest Developments
    • 13.6 Cidly
      • 13.6.1 Cidly Company Information
      • 13.6.2 Cidly LED Farming Product Portfolios and Specifications
      • 13.6.3 Cidly LED Farming Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.6.4 Cidly Main Business Overview
      • 13.6.5 Cidly Latest Developments
    • 13.7 Cree, Inc.
      • 13.7.1 Cree, Inc. Company Information
      • 13.7.2 Cree, Inc. LED Farming Product Portfolios and Specifications
      • 13.7.3 Cree, Inc. LED Farming Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.7.4 Cree, Inc. Main Business Overview
      • 13.7.5 Cree, Inc. Latest Developments
    • 13.8 EconoLux Industries Ltd.
      • 13.8.1 EconoLux Industries Ltd. Company Information
      • 13.8.2 EconoLux Industries Ltd. LED Farming Product Portfolios and Specifications
      • 13.8.3 EconoLux Industries Ltd. LED Farming Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.8.4 EconoLux Industries Ltd. Main Business Overview
      • 13.8.5 EconoLux Industries Ltd. Latest Developments
    • 13.9 Everlight Electronics Co., Ltd
      • 13.9.1 Everlight Electronics Co., Ltd Company Information
      • 13.9.2 Everlight Electronics Co., Ltd LED Farming Product Portfolios and Specifications
      • 13.9.3 Everlight Electronics Co., Ltd LED Farming Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.9.4 Everlight Electronics Co., Ltd Main Business Overview
      • 13.9.5 Everlight Electronics Co., Ltd Latest Developments
    • 13.10 EYE HORTILUX
      • 13.10.1 EYE HORTILUX Company Information
      • 13.10.2 EYE HORTILUX LED Farming Product Portfolios and Specifications
      • 13.10.3 EYE HORTILUX LED Farming Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.10.4 EYE HORTILUX Main Business Overview
      • 13.10.5 EYE HORTILUX Latest Developments
    • 13.11 Gavita International B.V.
      • 13.11.1 Gavita International B.V. Company Information
      • 13.11.2 Gavita International B.V. LED Farming Product Portfolios and Specifications
      • 13.11.3 Gavita International B.V. LED Farming Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.11.4 Gavita International B.V. Main Business Overview
      • 13.11.5 Gavita International B.V. Latest Developments
    • 13.12 GE Lighting
      • 13.12.1 GE Lighting Company Information
      • 13.12.2 GE Lighting LED Farming Product Portfolios and Specifications
      • 13.12.3 GE Lighting LED Farming Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.12.4 GE Lighting Main Business Overview
      • 13.12.5 GE Lighting Latest Developments
    • 13.13 General Electric Company
      • 13.13.1 General Electric Company Company Information
      • 13.13.2 General Electric Company LED Farming Product Portfolios and Specifications
      • 13.13.3 General Electric Company LED Farming Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.13.4 General Electric Company Main Business Overview
      • 13.13.5 General Electric Company Latest Developments
    • 13.14 GlacialLight
      • 13.14.1 GlacialLight Company Information
      • 13.14.2 GlacialLight LED Farming Product Portfolios and Specifications
      • 13.14.3 GlacialLight LED Farming Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.14.4 GlacialLight Main Business Overview
      • 13.14.5 GlacialLight Latest Developments
    • 13.15 Growray
      • 13.15.1 Growray Company Information
      • 13.15.2 Growray LED Farming Product Portfolios and Specifications
      • 13.15.3 Growray LED Farming Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.15.4 Growray Main Business Overview
      • 13.15.5 Growray Latest Developments
    • 13.16 Heliospectra AB
      • 13.16.1 Heliospectra AB Company Information
      • 13.16.2 Heliospectra AB LED Farming Product Portfolios and Specifications
      • 13.16.3 Heliospectra AB LED Farming 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 Hortilux Schréder
      • 13.17.1 Hortilux Schréder Company Information
      • 13.17.2 Hortilux Schréder LED Farming Product Portfolios and Specifications
      • 13.17.3 Hortilux Schréder LED Farming Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.17.4 Hortilux Schréder Main Business Overview
      • 13.17.5 Hortilux Schréder Latest Developments
    • 13.18 Hubbell Lighting
      • 13.18.1 Hubbell Lighting Company Information
      • 13.18.2 Hubbell Lighting LED Farming Product Portfolios and Specifications
      • 13.18.3 Hubbell Lighting LED Farming Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.18.4 Hubbell Lighting Main Business Overview
      • 13.18.5 Hubbell Lighting Latest Developments
    • 13.19 Illumitex
      • 13.19.1 Illumitex Company Information
      • 13.19.2 Illumitex LED Farming Product Portfolios and Specifications
      • 13.19.3 Illumitex LED Farming Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.19.4 Illumitex Main Business Overview
      • 13.19.5 Illumitex Latest Developments
    • 13.20 ILUMINAR Lighting
      • 13.20.1 ILUMINAR Lighting Company Information
      • 13.20.2 ILUMINAR Lighting LED Farming Product Portfolios and Specifications
      • 13.20.3 ILUMINAR Lighting LED Farming Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.20.4 ILUMINAR Lighting Main Business Overview
      • 13.20.5 ILUMINAR Lighting Latest Developments
    • 13.21 LumiGrow
      • 13.21.1 LumiGrow Company Information
      • 13.21.2 LumiGrow LED Farming Product Portfolios and Specifications
      • 13.21.3 LumiGrow LED Farming Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.21.4 LumiGrow Main Business Overview
      • 13.21.5 LumiGrow Latest Developments
    • 13.22 Oreon
      • 13.22.1 Oreon Company Information
      • 13.22.2 Oreon LED Farming Product Portfolios and Specifications
      • 13.22.3 Oreon LED Farming Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.22.4 Oreon Main Business Overview
      • 13.22.5 Oreon Latest Developments
    • 13.23 OSRAM Opto Semiconductors GmbH
      • 13.23.1 OSRAM Opto Semiconductors GmbH Company Information
      • 13.23.2 OSRAM Opto Semiconductors GmbH LED Farming Product Portfolios and Specifications
      • 13.23.3 OSRAM Opto Semiconductors GmbH LED Farming Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.23.4 OSRAM Opto Semiconductors GmbH Main Business Overview
      • 13.23.5 OSRAM Opto Semiconductors GmbH Latest Developments
    • 13.24 Valoya
      • 13.24.1 Valoya Company Information
      • 13.24.2 Valoya LED Farming Product Portfolios and Specifications
      • 13.24.3 Valoya LED Farming Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.24.4 Valoya Main Business Overview
      • 13.24.5 Valoya Latest Developments
    • 13.25 VANQ Technology
      • 13.25.1 VANQ Technology Company Information
      • 13.25.2 VANQ Technology LED Farming Product Portfolios and Specifications
      • 13.25.3 VANQ Technology LED Farming Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.25.4 VANQ Technology Main Business Overview
      • 13.25.5 VANQ Technology Latest Developments
    • 13.26 ViparSpectra
      • 13.26.1 ViparSpectra Company Information
      • 13.26.2 ViparSpectra LED Farming Product Portfolios and Specifications
      • 13.26.3 ViparSpectra LED Farming Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.26.4 ViparSpectra Main Business Overview
      • 13.26.5 ViparSpectra Latest Developments
    • 13.27 Vipple
      • 13.27.1 Vipple Company Information
      • 13.27.2 Vipple LED Farming Product Portfolios and Specifications
      • 13.27.3 Vipple LED Farming Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.27.4 Vipple Main Business Overview
      • 13.27.5 Vipple Latest Developments
    • 13.28 Yaham Lighting
      • 13.28.1 Yaham Lighting Company Information
      • 13.28.2 Yaham Lighting LED Farming Product Portfolios and Specifications
      • 13.28.3 Yaham Lighting LED Farming Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.28.4 Yaham Lighting Main Business Overview
      • 13.28.5 Yaham Lighting Latest Developments
    • 13.29 Black Dog Grow Technologies Inc.
      • 13.29.1 Black Dog Grow Technologies Inc. Company Information
      • 13.29.2 Black Dog Grow Technologies Inc. LED Farming Product Portfolios and Specifications
      • 13.29.3 Black Dog Grow Technologies Inc. LED Farming Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.29.4 Black Dog Grow Technologies Inc. Main Business Overview
      • 13.29.5 Black Dog Grow Technologies Inc. Latest Developments
    • 13.30 Bridgelux, Inc
      • 13.30.1 Bridgelux, Inc Company Information
      • 13.30.2 Bridgelux, Inc LED Farming Product Portfolios and Specifications
      • 13.30.3 Bridgelux, Inc LED Farming Sales, Revenue, Price and Gross Margin (2018-2023)
      • 13.30.4 Bridgelux, Inc Main Business Overview
      • 13.30.5 Bridgelux, Inc Latest Developments
    • 13.31 Active Grow
    • 13.32 Aerofarms LLC
    • 13.33 Agnetix
    • 13.34 Agrolux BV
    • 13.35 AIS LED Light
    • 13.36 Alta LED
    • 13.37 Telos Lighting
    • 13.38 Thrive Agritech
    • 13.39 PARsource
    • 13.40 PARUS
    • 13.41 Koninklijke Philips N.V.
    • 13.42 Kroptek
  • 14 Research Findings and Conclusion

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