Global LED Grow Light Industry

LED Grow Light market worldwide is projected to grow by US$4. 5 Billion, driven by a compounded growth of 25. 5%. New, one of the segments analyzed and sized in this study, displays the potential to grow at over 25.


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3%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$3.9 Billion by the year 2025, New will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 23.5% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$189.5 Million to the region’s size and clout in the next 5 to 6 years. Over US$163.1 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, New will reach a market size of US$197.4 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 30.2% over the next couple of years and add approximately US$1 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others, Alta LED; Bridgelux, Inc; Cree, Inc.; Everlight Electronics Co., Ltd; General Electric Company; Heliospectra AB; Illumitex, Inc.; LumiGrow, Inc.; Osram Licht AG; Royal Philips Electronics N.V.


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I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Global Competitor Market Shares
LED Grow Light Competitor Market Share Scenario Worldwide
(in %): 2019 & 2025
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
Table 1: LED Grow Light Global Market Estimates and Forecasts
in US$ Thousand by Region/Country: 2018-2025
Table 2: LED Grow Light Market Share Shift across Key
Geographies Worldwide: 2019 VS 2025
Table 3: Indoor Farming (Application) Global Market Estimates &
Forecasts in US$ Thousand by Region/Country: 2018-2025
Table 4: Indoor Farming (Application) Market Share Breakdown by
Region/Country: 2019 VS 2025
Table 5: Commercial Greenhouse (Application) Demand Potential
Worldwide in US$ Thousand by Region/Country: 2018-2025
Table 6: Commercial Greenhouse (Application) Share Breakdown
Review by Region/Country: 2019 VS 2025
Table 7: Vertical Farming (Application) Worldwide Latent Demand
Forecasts in US$ Thousand by Region/Country: 2018-2025
Table 8: Vertical Farming (Application) Distribution of Global
Sales by Region/Country: 2019 VS 2025
Table 9: Turf & Landscaping (Application) Sales Estimates and
Forecasts in US$ Thousand by Region/Country for the Years 2018
through 2025
Table 10: Turf & Landscaping (Application) Global Market Share
Distribution by Region/Country for 2019 and 2025
Table 11: New (Type of Installation) World Market by
Region/Country in US$ Thousand: 2018 to 2025
Table 12: New (Type of Installation) Market Share Breakdown of
Worldwide Sales by Region/Country: 2019 VS 2025
Table 13: Retrofit (Type of Installation) Potential Growth
Markets Worldwide in US$ Thousand: 2018 to 2025
Table 14: Retrofit (Type of Installation) Market Sales
Breakdown by Region/Country in Percentage: 2019 VS 2025

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US LED Grow Light Market Share (in %) by Company: 2019 & 2025
Table 15: United States LED Grow Light Latent Demand Forecasts
in US$ Thousand by Application: 2018 to 2025
Table 16: LED Grow Light Market Share Breakdown in the United
States by Application: 2019 VS 2025
Table 17: United States LED Grow Light Market Estimates and
Projections in US$ Thousand by Type of Installation: 2018 to
2025
Table 18: United States LED Grow Light Market Share Breakdown
by Type of Installation: 2019 VS 2025
CANADA
Table 19: Canadian LED Grow Light Market Quantitative Demand
Analysis in US$ Thousand by Application: 2018 to 2025
Table 20: Canadian LED Grow Light Market Share Analysis by
Application: 2019 VS 2025
Table 21: Canadian LED Grow Light Market Estimates and
Forecasts in US$ Thousand by Type of Installation: 2018 to 2025
Table 22: LED Grow Light Market in Canada: Percentage Share
Breakdown of Sales by Type of Installation for 2019 and 2025
JAPAN
Table 23: Japanese Demand Estimates and Forecasts for LED Grow
Light in US$ Thousand by Application: 2018 to 2025
Table 24: LED Grow Light Market Share Shift in Japan by
Application: 2019 VS 2025
Table 25: Japanese Market for LED Grow Light: Annual Sales
Estimates and Projections in US$ Thousand by Type of
Installation for the Period 2018-2025
Table 26: Japanese LED Grow Light Market Share Analysis by Type
of Installation: 2019 VS 2025
CHINA
Table 27: Chinese Demand for LED Grow Light in US$ Thousand by
Application: 2018 to 2025
Table 28: Chinese LED Grow Light Market Share Breakdown by
Application: 2019 VS 2025
Table 29: Chinese LED Grow Light Market Growth Prospects in US$
Thousand by Type of Installation for the Period 2018-2025
Table 30: Chinese LED Grow Light Market by Type of
Installation: Percentage Breakdown of Sales for 2019 and 2025
EUROPE
Market Facts & Figures
European LED Grow Light Market: Competitor Market Share
Scenario (in %) for 2019 & 2025
Table 31: European LED Grow Light Market Demand Scenario in US$
Thousand by Region/Country: 2018-2025
Table 32: European LED Grow Light Market Share Shift by
Region/Country: 2019 VS 2025
Table 33: European LED Grow Light Addressable Market
Opportunity in US$ Thousand by Application: 2018-2025
Table 34: European LED Grow Light Market Share Analysis by
Application: 2019 VS 2025
Table 35: European LED Grow Light Market Estimates and
Forecasts in US$ Thousand by Type of Installation: 2018-2025
Table 36: European LED Grow Light Market Share Breakdown by
Type of Installation: 2019 VS 2025
FRANCE
Table 37: LED Grow Light Quantitative Demand Analysis in France
in US$ Thousand by Application: 2018-2025
Table 38: French LED Grow Light Market Share Analysis: A 7-Year
Perspective by Application for 2019 and 2025
Table 39: LED Grow Light Market in France by Type of
Installation: Estimates and Projections in US$ Thousand for the
Period 2018-2025
Table 40: French LED Grow Light Market Share Analysis by Type
of Installation: 2019 VS 2025
GERMANY
Table 41: LED Grow Light Market in Germany: Annual Sales
Estimates and Forecasts in US$ Thousand by Application for the
Period 2018-2025
Table 42: LED Grow Light Market Share Distribution in Germany
by Application: 2019 VS 2025
Table 43: LED Grow Light Market in Germany: Recent Past,
Current and Future Analysis in US$ Thousand by Type of
Installation for the Period 2018-2025
Table 44: German LED Grow Light Market Share Breakdown by Type
of Installation: 2019 VS 2025
ITALY
Table 45: Italian Demand for LED Grow Light in US$ Thousand by
Application: 2018 to 2025
Table 46: Italian LED Grow Light Market Share Breakdown by
Application: 2019 VS 2025
Table 47: Italian LED Grow Light Market Growth Prospects in US$
Thousand by Type of Installation for the Period 2018-2025
Table 48: Italian LED Grow Light Market by Type of
Installation: Percentage Breakdown of Sales for 2019 and 2025
UNITED KINGDOM
Table 49: United Kingdom Demand Estimates and Forecasts for LED
Grow Light in US$ Thousand by Application: 2018 to 2025
Table 50: LED Grow Light Market Share Shift in the United
Kingdom by Application: 2019 VS 2025
Table 51: United Kingdom Market for LED Grow Light: Annual
Sales Estimates and Projections in US$ Thousand by Type of
Installation for the Period 2018-2025
Table 52: United Kingdom LED Grow Light Market Share Analysis
by Type of Installation: 2019 VS 2025
SPAIN
Table 53: Spanish LED Grow Light Market Quantitative Demand
Analysis in US$ Thousand by Application: 2018 to 2025
Table 54: Spanish LED Grow Light Market Share Analysis by
Application: 2019 VS 2025
Table 55: Spanish LED Grow Light Market Estimates and Forecasts
in US$ Thousand by Type of Installation: 2018 to 2025
Table 56: LED Grow Light Market in Spain: Percentage Share
Breakdown of Sales by Type of Installation for 2019 and 2025
RUSSIA
Table 57: Russian LED Grow Light Latent Demand Forecasts in US$
Thousand by Application: 2018 to 2025
Table 58: LED Grow Light Market Share Breakdown in Russia by
Application: 2019 VS 2025
Table 59: Russian LED Grow Light Market Estimates and
Projections in US$ Thousand by Type of Installation: 2018 to
2025
Table 60: Russian LED Grow Light Market Share Breakdown by Type
of Installation: 2019 VS 2025
REST OF EUROPE
Table 61: Rest of Europe LED Grow Light Addressable Market
Opportunity in US$ Thousand by Application: 2018-2025
Table 62: Rest of Europe LED Grow Light Market Share Analysis
by Application: 2019 VS 2025
Table 63: Rest of Europe LED Grow Light Market Estimates and
Forecasts in US$ Thousand by Type of Installation: 2018-2025
Table 64: Rest of Europe LED Grow Light Market Share Breakdown
by Type of Installation: 2019 VS 2025
ASIA-PACIFIC
Table 65: Asia-Pacific LED Grow Light Market Estimates and
Forecasts in US$ Thousand by Region/Country: 2018-2025
Table 66: Asia-Pacific LED Grow Light Market Share Analysis by
Region/Country: 2019 VS 2025
Table 67: LED Grow Light Quantitative Demand Analysis in
Asia-Pacific in US$ Thousand by Application: 2018-2025
Table 68: Asia-Pacific LED Grow Light Market Share Analysis: A
7-Year Perspective by Application for 2019 and 2025
Table 69: LED Grow Light Market in Asia-Pacific by Type of
Installation: Estimates and Projections in US$ Thousand for the
Period 2018-2025
Table 70: Asia-Pacific LED Grow Light Market Share Analysis by
Type of Installation: 2019 VS 2025
AUSTRALIA
Table 71: LED Grow Light Market in Australia: Annual Sales
Estimates and Forecasts in US$ Thousand by Application for the
Period 2018-2025
Table 72: LED Grow Light Market Share Distribution in Australia
by Application: 2019 VS 2025
Table 73: LED Grow Light Market in Australia: Recent Past,
Current and Future Analysis in US$ Thousand by Type of
Installation for the Period 2018-2025
Table 74: Australian LED Grow Light Market Share Breakdown by
Type of Installation: 2019 VS 2025
INDIA
Table 75: Indian LED Grow Light Market Quantitative Demand
Analysis in US$ Thousand by Application: 2018 to 2025
Table 76: Indian LED Grow Light Market Share Analysis by
Application: 2019 VS 2025
Table 77: Indian LED Grow Light Market Estimates and Forecasts
in US$ Thousand by Type of Installation: 2018 to 2025
Table 78: LED Grow Light Market in India: Percentage Share
Breakdown of Sales by Type of Installation for 2019 and 2025
SOUTH KOREA
Table 79: LED Grow Light Market in South Korea: Recent Past,
Current and Future Analysis in US$ Thousand by Application for
the Period 2018-2025
Table 80: LED Grow Light Market Share Distribution in South
Korea by Application: 2019 VS 2025
Table 81: LED Grow Light Market in South Korea: Recent Past,
Current and Future Analysis in US$ Thousand by Type of
Installation for the Period 2018-2025
Table 82: LED Grow Light Market Share Distribution in South
Korea by Type of Installation: 2019 VS 2025
REST OF ASIA-PACIFIC
Table 83: Rest of Asia-Pacific Demand Estimates and Forecasts
for LED Grow Light in US$ Thousand by Application: 2018 to 2025
Table 84: LED Grow Light Market Share Shift in Rest of
Asia-Pacific by Application: 2019 VS 2025
Table 85: Rest of Asia-Pacific Market for LED Grow Light:
Annual Sales Estimates and Projections in US$ Thousand by Type
of Installation for the Period 2018-2025
Table 86: Rest of Asia-Pacific LED Grow Light Market Share
Analysis by Type of Installation: 2019 VS 2025
LATIN AMERICA
Table 87: Latin American LED Grow Light Market Trends by
Region/Country in US$ Thousand: 2018-2025
Table 88: Latin American LED Grow Light Market Percentage
Breakdown of Sales by Region/Country: 2019 and 2025
Table 89: Latin American Demand for LED Grow Light in US$
Thousand by Application: 2018 to 2025
Table 90: Latin American LED Grow Light Market Share Breakdown
by Application: 2019 VS 2025
Table 91: Latin American LED Grow Light Market Growth Prospects
in US$ Thousand by Type of Installation for the Period
2018-2025
Table 92: Latin American LED Grow Light Market by Type of
Installation: Percentage Breakdown of Sales for 2019 and 2025
ARGENTINA
Table 93: Argentinean LED Grow Light Addressable Market
Opportunity in US$ Thousand by Application: 2018-2025
Table 94: Argentinean LED Grow Light Market Share Analysis by
Application: 2019 VS 2025
Table 95: Argentinean LED Grow Light Market Estimates and
Forecasts in US$ Thousand by Type of Installation: 2018-2025
Table 96: Argentinean LED Grow Light Market Share Breakdown by
Type of Installation: 2019 VS 2025
BRAZIL
Table 97: LED Grow Light Quantitative Demand Analysis in Brazil
in US$ Thousand by Application: 2018-2025
Table 98: Brazilian LED Grow Light Market Share Analysis: A
7-Year Perspective by Application for 2019 and 2025
Table 99: LED Grow Light Market in Brazil by Type of
Installation: Estimates and Projections in US$ Thousand for the
Period 2018-2025
Table 100: Brazilian LED Grow Light Market Share Analysis by
Type of Installation: 2019 VS 2025
MEXICO
Table 101: LED Grow Light Market in Mexico: Annual Sales
Estimates and Forecasts in US$ Thousand by Application for the
Period 2018-2025
Table 102: LED Grow Light Market Share Distribution in Mexico
by Application: 2019 VS 2025
Table 103: LED Grow Light Market in Mexico: Recent Past,
Current and Future Analysis in US$ Thousand by Type of
Installation for the Period 2018-2025
Table 104: Mexican LED Grow Light Market Share Breakdown by
Type of Installation: 2019 VS 2025
REST OF LATIN AMERICA
Table 105: Rest of Latin America LED Grow Light Latent Demand
Forecasts in US$ Thousand by Application: 2018 to 2025
Table 106: LED Grow Light Market Share Breakdown in Rest of
Latin America by Application: 2019 VS 2025
Table 107: Rest of Latin America LED Grow Light Market
Estimates and Projections in US$ Thousand by Type of
Installation: 2018 to 2025
Table 108: Rest of Latin America LED Grow Light Market Share
Breakdown by Type of Installation: 2019 VS 2025
MIDDLE EAST
Table 109: The Middle East LED Grow Light Market Estimates and
Forecasts in US$ Thousand by Region/Country: 2018-2025
Table 110: The Middle East LED Grow Light Market Share
Breakdown by Region/Country: 2019 and 2025
Table 111: The Middle East LED Grow Light Market Quantitative
Demand Analysis in US$ Thousand by Application: 2018 to 2025
Table 112: The Middle East LED Grow Light Market Share Analysis
by Application: 2019 VS 2025
Table 113: The Middle East LED Grow Light Market Estimates and
Forecasts in US$ Thousand by Type of Installation: 2018 to 2025
Table 114: LED Grow Light Market in the Middle East: Percentage
Share Breakdown of Sales by Type of Installation for 2019 and
2025
IRAN
Table 115: Iranian Demand Estimates and Forecasts for LED Grow
Light in US$ Thousand by Application: 2018 to 2025
Table 116: LED Grow Light Market Share Shift in Iran by
Application: 2019 VS 2025
Table 117: Iranian Market for LED Grow Light: Annual Sales
Estimates and Projections in US$ Thousand by Type of
Installation for the Period 2018-2025
Table 118: Iranian LED Grow Light Market Share Analysis by Type
of Installation: 2019 VS 2025
ISRAEL
Table 119: Israeli LED Grow Light Addressable Market
Opportunity in US$ Thousand by Application: 2018-2025
Table 120: Israeli LED Grow Light Market Share Analysis by
Application: 2019 VS 2025
Table 121: Israeli LED Grow Light Market Estimates and
Forecasts in US$ Thousand by Type of Installation: 2018-2025
Table 122: Israeli LED Grow Light Market Share Breakdown by
Type of Installation: 2019 VS 2025
SAUDI ARABIA
Table 123: Saudi Arabian Demand for LED Grow Light in US$
Thousand by Application: 2018 to 2025
Table 124: Saudi Arabian LED Grow Light Market Share Breakdown
by Application: 2019 VS 2025
Table 125: Saudi Arabian LED Grow Light Market Growth Prospects
in US$ Thousand by Type of Installation for the Period
2018-2025
Table 126: Saudi Arabian LED Grow Light Market by Type of
Installation: Percentage Breakdown of Sales for 2019 and 2025
UNITED ARAB EMIRATES
Table 127: LED Grow Light Market in the United Arab Emirates:
Recent Past, Current and Future Analysis in US$ Thousand by
Application for the Period 2018-2025
Table 128: LED Grow Light Market Share Distribution in United
Arab Emirates by Application: 2019 VS 2025
Table 129: LED Grow Light Market in the United Arab Emirates:
Recent Past, Current and Future Analysis in US$ Thousand by
Type of Installation for the Period 2018-2025
Table 130: LED Grow Light Market Share Distribution in United
Arab Emirates by Type of Installation: 2019 VS 2025
REST OF MIDDLE EAST
Table 131: LED Grow Light Market in Rest of Middle East: Annual
Sales Estimates and Forecasts in US$ Thousand by Application
for the Period 2018-2025
Table 132: LED Grow Light Market Share Distribution in Rest of
Middle East by Application: 2019 VS 2025
Table 133: LED Grow Light Market in Rest of Middle East: Recent
Past, Current and Future Analysis in US$ Thousand by Type of
Installation for the Period 2018-2025
Table 134: Rest of Middle East LED Grow Light Market Share
Breakdown by Type of Installation: 2019 VS 2025
AFRICA
Table 135: African LED Grow Light Latent Demand Forecasts in
US$ Thousand by Application: 2018 to 2025
Table 136: LED Grow Light Market Share Breakdown in Africa by
Application: 2019 VS 2025
Table 137: African LED Grow Light Market Estimates and
Projections in US$ Thousand by Type of Installation: 2018 to
2025
Table 138: African LED Grow Light Market Share Breakdown by
Type of Installation: 2019 VS 2025

IV. COMPETITION

ALTA LED
BRIDGELUX
CREE
EVERLIGHT ELECTRONICS
GENERAL ELECTRIC COMPANY
HELIOSPECTRA AB
ILLUMITEX
LUMIGROW
OSRAM LICHT AG
ROYAL PHILIPS ELECTRONICS N.V.

V. CURATED RESEARCH
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