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LED Agricultural Grow Lights Market Size, Shares, Segments and Forecast To reach $1.8 billion by 2021

Press Release   •   Oct 05, 2016 06:46 EDT

Recent research and the current scenario as well as future market potential of "LED Agricultural Grow Lights: Market Shares, Strategy, And Forecasts, Worldwide, 2015 To 2021" globally.

The 2015 study has 596 pages, 163 tables and figures. Worldwide markets for LED Agricultural Grow Lights are growing as units support more efficient indoor growing. The LEDs are less costly than alternatives and save significantly on electricity costs. Rapid adoption of LED lighting in general is occurring. Rapid adoption of LED grow lights worldwide is occurring as systems provide peak growing efficiently.

LED grow lights are more powerful and efficient than the older generation high-pressure sodium and metal halide bulb grow lights. They lower the electricity bill and produce less heat. Less heat allows putting the light closer to plants, the plants do not get burned.

Next-generation LED grow lights deliver dramatic power savings and unmatched product reliability. LED grow lights are shifting as illustrated by the new Everlight GL-Flora LED lighting fixtures for agriculture. They offer low power, high-efficiency, uniform light pattern, homogenous light distribution at precisely the right wavelengths and color ratios needed for superior photosynthetic response.

LED grow lights are different. Grow lights provide artificial light used for plant growth. The spectrum of growth lights is tuned to the plant growing task. Plant light has photons from the blue to red (400–700 nm) part of the spectrum. This is called growth light. Horticulture lamps address the role of light in the growth and development of plants. Plant growth is a function of photosynthesis.

The plant growth lights work in three different ways:

To provide all the light a plant needs to grow
To supplement sunlight, especially in winter months when daylight hours are short
To increase the length of the "day" in order to trigger specific growth and flowering

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LED grow lights use growth light to automate and control growing. The ability to grow food consistently, locally represents a major breakthrough for humanity. Growth lights permit people to grow food in warehouses and in the home, dedicating unused space in a manner that is efficient for producing food.

Taking cost of transportation out of the food chain is a breakthrough of major proportions. The ability to make fresh, sanitary food available consistently presents a major shift in how people live and achieve quality of life. Growth lights increase the density of food production by a factor of ten. This is significant.

In some places, like Japan, where there is a deficiency in the environment, plant factories will continue to proliferate and to use LED grow lights as large warehouse type entities that provide food for the general public and for people who need specialized nutrition.

According to Susan Eustis, the lead author of the team that created the study, “Solid state electronics brings the same advantages to agriculture as it has brought to all other industry segments it touches. Growers are finding that they can achieve a rapid return on investment from substantially decreasing the energy costs associated with using grow lights, lengthening the growing season, eliminating chemical contaminants in the food supply, and significantly decreasing transportation costs for food production.”

As more people become more health conscious and try to avoid the deleterious effects of pesticides in their food grow lights are anticipated to find more and larger markets among greenhouse operators. The large warehouse size plant factories are expected to concentrate on raising seedlings.

LED grow light module markets at $395 million in 2014 are forecast to reach $1.8 billion by 2021. Rapid growth is anticipated as green house and plant factory growers find the LED grow lights improve agriculture.

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Companies Profiled

Market Leaders
Everlight Electronics
Opto-LED Technology
Sanxinbao Semiconductor
Market Participants
Advanced Lighting Technologies
Black Dog LED
Dalsem Group
Delta Group
Iwasaki EYE Hortilux
Everlight Electronics
General Electric (GE)
General Hydroponics
Gl Flora
Genesis Photonics (GPI)
Hon Hai
Hon Hai Precision Industry Ltd / Foxconn
General Hydroponics
Genesis Photonics (GPI)
Grow Northern
GYLED Grille LED Lights
Hon Hai
Hydroponics Equipment And High-Intensity Grow Lights
Hydrofarm AgroSun Gold Halide
Iwasaki Electric
Iwasaki EYE Hortilux™
LEDsense Technologies / Solid Apollo LED Lighting
Nihon Advanced Agri
Opto-LED Technology
Ozu Corporation
Philips Horticulture Lamps

Key Topics
Grow Lights
LED Grow Lights
Grow Lights LED
High Output :LED Grow Lights
Super LED grow lights
Blue led lights
led hydroponic grow lights
plant lights
LED grow bulbs
300w Tri Band Led Grow Light
Tri Band LED Grow Light
Tri Band LED Grow Light For Tomatos Year Round
Moving Light
Plant Factory
Cermaic Metal Halide System
High Pressure Sodium (HPS) System
Plant Technology Advances
Plant Factory Growing
Plant Factory Server Controls
Light Farming
Green Flooring
Safe Food
Organic Vegetables
Plant Factory Vegetables
Plant Factories
Lumigrow LED Grow Light
Led Growing Light 2015
Reflector LED Grow Lights
Dimmable F2 60x3w
LED Grow Lamp Dimmable
Led Grow Light
Full Spectrum Led Grow Light
Grow Light Led
600w Led Grow Light
Grow Light Plantations

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