The global market for LED Farming is estimated to increase from US$ million in 2021 to reach US$ million by 2028, exhibiting a CAGR of % during 2022-2028. Keeping in mind the uncertainties of COVID-19 and Russia-Ukraine War, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
The APAC LED Farming market is expected at value of US$ million in 2022 and grow at approximately % CAGR during 2022 and 2028.
The United States LED Farming market is expected at value of US$ million in 2022 and grow at approximately % CAGR during 2022 and 2028.
The Europe LED Farming market is expected at value of US$ million in 2022 and grow at approximately % CAGR during 2022 and 2028.
The China LED Farming market is expected at value of US$ million in 2022 and grow at approximately % CAGR during 2022 and 2028.
Global key LED Farming players cover Scynce LED, Senmatic AS, Signify, Smart Grow Systems, Inc. and California Lightworks, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
Report Coverage
This latest report provides a deep insight into the global LED Farming market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, value chain analysis, etc.
This report aims to provide a comprehensive picture of the global LED Farming market, with both quantitative and qualitative data, to help readers understand how the LED Farming market scenario changed across the globe during the pandemic and Russia-Ukraine War.
The base year considered for analyses is 2021, while the market estimates and forecasts are given from 2022 to 2028. The market estimates are provided in terms of revenue in USD millions and volume in K Units.
Market Segmentation:
The study segments the LED Farming market and forecasts the market size by Type (Narrow and Broad,), by Application (Indoor Farming, Vertical Farming, Commercial Greenhouse and Others), and region (APAC, Americas, Europe, and Middle East & Africa).
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
Segmentation 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
Major companies covered
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 Schr?der
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
Chapter Introduction
Chapter 1: Scope of LED Farming, Research Methodology, etc.
Chapter 2: Executive Summary, global LED Farming market size (sales and revenue) and CAGR, LED Farming market size by region, by type, by application, historical data from 2017 to 2022, and forecast to 2028.
Chapter 3: LED Farming sales, revenue, average price, global market share, and industry ranking by company, 2017-2022
Chapter 4: Global LED Farming sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by type, and type.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global LED Farming market size forecast by region, by country, by type, and application.
Chapter 13: Comprehensive company profiles of the leading players, including Scynce LED, Senmatic AS, Signify, Smart Grow Systems, Inc., California Lightworks, Cidly, Cree, Inc., EconoLux Industries Ltd. and Everlight Electronics Co., Ltd, etc.
Chapter 14: Research Findings and Conclusion
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
2 Executive Summary
2.1 World Market Overview
2.1.1 Global LED Farming Annual Sales 2017-2028
2.1.2 World Current & Future Analysis for LED Farming by Geographic Region, 2017, 2022 & 2028
2.1.3 World Current & Future Analysis for LED Farming by Country/Region, 2017, 2022 & 2028
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 (2017-2022)
2.3.2 Global LED Farming Revenue and Market Share by Type (2017-2022)
2.3.3 Global LED Farming Sale Price by Type (2017-2022)
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 (2017-2022)
2.5.2 Global LED Farming Revenue and Market Share by Application (2017-2022)
2.5.3 Global LED Farming Sale Price by Application (2017-2022)
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 (2020-2022)
3.1.2 Global LED Farming Sales Market Share by Company (2020-2022)
3.2 Global LED Farming Annual Revenue by Company (2020-2022)
3.2.1 Global LED Farming Revenue by Company (2020-2022)
3.2.2 Global LED Farming Revenue Market Share by Company (2020-2022)
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) & (2020-2022)
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 (2017-2022)
4.1.1 Global LED Farming Annual Sales by Geographic Region (2017-2022)
4.1.2 Global LED Farming Annual Revenue by Geographic Region
4.2 World Historic LED Farming Market Size by Country/Region (2017-2022)
4.2.1 Global LED Farming Annual Sales by Country/Region (2017-2022)
4.2.2 Global LED Farming Annual Revenue by Country/Region
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 (2017-2022)
5.1.2 Americas LED Farming Revenue by Country (2017-2022)
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 (2017-2022)
6.1.2 APAC LED Farming Revenue by Region (2017-2022)
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 (2017-2022)
7.1.2 Europe LED Farming Revenue by Country (2017-2022)
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 (2017-2022)
8.1.2 Middle East & Africa LED Farming Revenue by Country (2017-2022)
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 (2023-2028)
12.1.2 Global LED Farming Annual Revenue Forecast by Region (2023-2028)
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 Offered
13.1.3 Scynce LED LED Farming Sales, Revenue, Price and Gross Margin (2020-2022)
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 Offered
13.2.3 Senmatic AS LED Farming Sales, Revenue, Price and Gross Margin (2020-2022)
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 Offered
13.3.3 Signify LED Farming Sales, Revenue, Price and Gross Margin (2020-2022)
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 Offered
13.4.3 Smart Grow Systems, Inc. LED Farming Sales, Revenue, Price and Gross Margin (2020-2022)
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 Offered
13.5.3 California Lightworks LED Farming Sales, Revenue, Price and Gross Margin (2020-2022)
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 Offered
13.6.3 Cidly LED Farming Sales, Revenue, Price and Gross Margin (2020-2022)
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 Offered
13.7.3 Cree, Inc. LED Farming Sales, Revenue, Price and Gross Margin (2020-2022)
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 Offered
13.8.3 EconoLux Industries Ltd. LED Farming Sales, Revenue, Price and Gross Margin (2020-2022)
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 Offered
13.9.3 Everlight Electronics Co., Ltd LED Farming Sales, Revenue, Price and Gross Margin (2020-2022)
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 Offered
13.10.3 EYE HORTILUX LED Farming Sales, Revenue, Price and Gross Margin (2020-2022)
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 Offered
13.11.3 Gavita International B.V. LED Farming Sales, Revenue, Price and Gross Margin (2020-2022)
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 Offered
13.12.3 GE Lighting LED Farming Sales, Revenue, Price and Gross Margin (2020-2022)
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 Offered
13.13.3 General Electric Company LED Farming Sales, Revenue, Price and Gross Margin (2020-2022)
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 Offered
13.14.3 GlacialLight LED Farming Sales, Revenue, Price and Gross Margin (2020-2022)
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 Offered
13.15.3 Growray LED Farming Sales, Revenue, Price and Gross Margin (2020-2022)
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 Offered
13.16.3 Heliospectra AB LED Farming Sales, Revenue, Price and Gross Margin (2020-2022)
13.16.4 Heliospectra AB Main Business Overview
13.16.5 Heliospectra AB Latest Developments
13.17 Hortilux Schr