1. Market Research
  2. > Manufacturing
  3. > Electrical Equipment Market Trends

LED Grow Light Market by Wattage, Type of Installation, Spectrum, Application, and Geography - Forecast to 2020

  • July 2015
  • 111 pages
  • MarketsandMarkets
Report ID: 3110108


Table of Contents

Search Inside

Light-Emitting Diode (LED) grow light is a specialized kind of LED lighting system, which is witnessing increased adoption across all application areas. This is primarily due to the capacity of this technology to produce food in controlled environment through vertical farming, commercial greenhouse, and indoor farming among many others. The increasing population in urban areas requires high food production and through natural lighting food can be produced seasonally. LED grow light technology is helping growers in producing food under controlled environment as a substitute to natural lighting.

Earlier, only low-power LED grow lights were available. But after years of research, up to 1,200 W LED grow lights are available nowadays. Recent development in technology opened the new applications for LED grow light such as vertical farming, and smart greenhouse among others. The use of LED grow light in vertical farming and commercial greenhouse is increasing rapidly due to increased production cycle with LED grow light. Vertical farming is the fastest growing application in the LED grow light market with a Compound Annual Growth Rate (CAGR) of 30.29% from 2015 to 2020. This application is expected to reach a value worth $401.72 million by 2020. The low-space area cultivation of vertical farming is the main reason for its high growth in the LED grow light market. Vertical farming is mainly used in urban areas due to space constraint. The commercial greenhouse application hold the largest share in LED grow light market in 2015, and it is expected to dominate the market during the forecast period. The LED grow light increases the food production by providing appropriate light required for healthy food cultivation that increases the profit of farmers. Hence, many countries in developed regions such as North America and Europe are using LED grow light in their commercial greenhouses. Also, in some of the countries in Asia-Pacific (APAC) region, such as Japan, Russia, and China, the LED grow light market in commercial greenhouses has impressive growth.

In this report, the LED grow light market is segmented on the basis of spectrum into partial spectrum and full spectrum. The product used in this technology are categorized into low power (<300 W) and high power (>300 W). The application segments for LED grow light covered in this study include indoor farming, commercial greenhouse, vertical farming, turf and landscaping, research, and others. Each product, application, and component is analyzed both in terms of qualitative and quantitative aspect, and it includes all subsegments with detailed analysis. The competitive landscape section of the report primarily focuses on key industry players in the LED grow light market, their latest developments, and respective market shares. Furthermore, the report entails emerging market trends, advancements in the technological space, market demand of the segments, key growth areas, market size, region-wise demand factors, and key competitors’ analysis.

The geographic segmentation of the report covers four major regions of the world, namely, North America, Europe, APAC, and Rest of the World (RoW). The report also profiles major players in the LED grow light market. Some of the major players in this market are Alta LED Corporation (U.S.), Bridgelux, Inc. (U.S.), Cree, Inc. (U.S.), Everlight Electronics Co. Ltd. (Taiwan), General Electric Company (U.S.), Heliospectra AB (Sweden), Illumitex, Inc. (U.S.), Lumigrow, Inc. (U.S.), Osram Licht AG (Germany), and Royal Philips Electronics N.V. (Netherlands).

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Amrita helps you find the right report:


The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

LED Services Market, and Business Lighting - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

  • $ 6795
  • Industry report
  • July 2017
  • by Transparency Market Research

Global LED Services Market: Overview The report on global LED services market provides analysis for the period of 2015 to 2025, wherein 2016 is the base year and the 2017 to 2025 would be the forecast ...

Thermally Conductive Grease Market by Type, End-Use Industry And Region - Global Forecast to 2022

  • $ 5650
  • Industry report
  • August 2017
  • by MarketsandMarkets

“Increased demand for thermally conductive grease from the LED lighting end-use industry is driving the growth of the thermally conductive grease market across the globe.” The thermally conductive ...

Flexible Display Market by Application, Technology, Panel Size, and Geography - Global Forecast to 2022

  • $ 5650
  • Industry report
  • May 2017
  • by MarketsandMarkets

“Technological advancements and development of energy-efficient, attractive, and high-specification products is expected to fuel the growth of the flexible display market.” The flexible display market ...


Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.