Informe de análisis de tamaño, participación y tendencias del mercado global de luces de cultivo: descripción general de la industria y pronóstico hasta 2031

Análisis del mercado de luces de cultivo

Los principales factores que impulsan el crecimiento del mercado son la difusión de mensajes mediante regulaciones gubernamentales que apoyan el crecimiento de tecnología de vanguardia, una tendencia creciente en la agricultura de interior y tecnologías duraderas y de eficiencia energética. Las luces LED para cultivo son luces LED únicas que se utilizan para el crecimiento de plantas en interiores. Estas luces ayudan a las plantas a realizar la fotosíntesis y promueven un desarrollo saludable. Las luces LED para cultivo ofrecen varios beneficios sobre otras tecnologías de iluminación. Incluyen mayor eficiencia, uso de espectro completo, mayor vida útil, temperatura más baja, tamaño compacto y reembolsos gubernamentales. Además, la falta de estandarización aumenta el riesgo de comprar piezas incompatibles, lo que restringe el crecimiento del mercado de luces LED para cultivo.

Tamaño del mercado de luces de cultivo

El tamaño del mercado mundial de luces de cultivo se valoró en USD 1.65 mil millones en 2023 y se proyecta que alcance los USD 2.66 mil millones para 2031, con una CAGR del 6,10% durante el período de pronóstico de 2024 a 2031.

Alcance del informe y segmentación del mercado       

Grow Lights Market Definition

A grow light is an artificial source of light that emits light in the electromagnetic spectrum to promote the process of photosynthesis and accelerate growth in plants. It is usually available in light-emitting diodes (LED), fluorescent, high-intensity discharge (HID), and incandescent variants. Grow lights are used when there is not enough sunlight for the growth of plants naturally. This can be due to a lack of winter sun, insufficient outdoor space for the garden, or other reasons. Grow lights mainly work in two ways. They can be designed to provide plants with an extensive range of light that simulates the sun or adjust the spectrum of light designed to grow a particular plant. Plants have different light cycles at several cultivation levels and use growth light to stimulate these light cycles, imitate sunlight, and upsurge the yield of plants to vegetables and fruits.

Grow Lights Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

• Increase the demand in agriculture sector

Agricultural sector is driving the growth of the market. The widespread adoption of indoor and vertical farming practises is also boosting industry growth. Multiple grow lights are used in hydroponic farming systems to protect plants from insect and pest damage and to provide an adequate amount of sunshine.

Rise in the number of new start-ups

Regional and national governments all around the world are trying to boost new start-up and take initiatives to recover the agricultural sector by reviving the downlink and uplink market chains for perishable vegetable and fruit products. Such rising support is expected to drive the grow light market.

• Rise in the adoption of LED solutions

LED lighting solutions in the grow lighting are anticipated to see higher demand from several AG Tech firms for low energy consumption and cost-saving benefits which is help to reduce farming costs across the world which are anticipated to leverage LED-based lighting solutions to improve their farming.

Opportunities

• Technological advancement

The several technological advancements that include the expansion of smart grow lights integrated with the Internet of Things (IOT) and innovations in the field of agricultural sciences are acting as growth-inducing factors that will act as market drivers and further boost beneficial opportunities for the market's growth rate.

• Legalization of cannabis

The legalisation of cannabis growing has also increased demand for vertical farms and greenhouses, which in turn has increased demand for LED-based grow lights. Several considerations must be considered while growing cannabis in a sunless medium. The heat released by HPS lamps, for example, can harm the merchandise. As a result, drastically lower lighting prices can be expected as some of the prospective growth opportunities for the grow lights market.

Restraints/ Challenges

As most farm producers in the world are traditional farmers, a major portion of farmers belongs to lower-income categories. Lack of sufficient understanding about the use of plant light for greater yields makes it tough for manufacturing companies to breach the market for LED grow lights at a rapid pace. The semiconductor appliances market in several regions, mainly in developing economies and lack sufficient infrastructure for quality assurance can pose a major challenge for the market players to increase their full spectrum led grow lights in these markets. Another major restraint for the growth of the global grow light market is the unavailability of raw materials.

This grow lights market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the grow lights market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Grow lights Market

COVID-19 impacted the processes of the several grow lights producers companies and affected the industries of their distributers and suppliers. The reduction in export shipments and slow domestic demand for grow lights compared to pre COVID-19 levels is also expected to negatively impact the market. The supply chain of unpreserved items such as food was the worst affected segment during the years of the Covid-19 outbreak. It encouraged several industrialists to establish indoor farming in the outskirts and urban cities. Establishing such commercial greenhouse farming is expected to recover the global grow light market during the forecast period.

Grow Lights Market Scope

The grow lights market is segmented on the basis of product, system, wattage, technology, installation, spectrum and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

• < 300 Watt
• > 300 Watt

System

• Hardware
• Software

By Wattage

• Low Power
• Medium Power
• High Power

Technology

• High Intensity Discharge (HID)
• Light Emitting Diode (LED)
• Fluorescent
• Others

 Installation

• New Installations
• Retrofit Installations

Spectrum

• Full-Spectrum
• Partial Spectrum

 Application

• Indoor Farming
• Vertical Farming
• Commercial Greenhouse
• Turf and Landscaping
• Others

Grow Lights Market Regional Analysis

The grow lights market is analysed and market size insights and trends are provided by country, product, system, wattage, technology, installation, spectrum and application as referenced above.

The countries covered in the grow lights market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.

Asia-Pacific dominates the grow lights market in terms of market share and revenue and will continue to flourish its dominance during the forecast period. This is due to the rising demand for grow lights in this region. The Asia-Pacific region dominates the grow lights market, with Japan leading the way in terms of technological advancement and rising commercial vertical farms. Due of the ease of technological advancement and rising commercial vertical farms, Japan is leading the Asia-Pacific market.

During the projected period, North America is expected to be the fastest developing region due to the rising demand of re-usable grow lights in retail sector in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Grow Lights Market Share

El panorama competitivo del mercado de luces de cultivo proporciona detalles por competidor. Los detalles incluidos son una descripción general de la empresa, las finanzas de la empresa, los ingresos generados, el potencial de mercado, la inversión en investigación y desarrollo, las nuevas iniciativas de mercado, la presencia global, los sitios e instalaciones de producción, las capacidades de producción, las fortalezas y debilidades de la empresa, el lanzamiento de productos, la amplitud y la variedad de productos, el dominio de las aplicaciones. Los puntos de datos anteriores proporcionados solo están relacionados con el enfoque de las empresas en relación con el mercado de luces de cultivo.

Los líderes del mercado de luces de cultivo que operan en el mercado son:

• Signify Holding (Países Bajos)
• OSRAM GmbH (Alemania)
• Gavita International BV (Países Bajos)
• Valoya (Finlandia)
• California LightWorks (Estados Unidos)
• Helliospectra AB (Suecia)
• Black Dog Grow Technologies Inc. (Estados Unidos)
• Bridgelux Inc. (Estados Unidos)
• Cree LED (EE. UU.)
• EVERLIGHT ELECTRONICS CO. LTD. (Taiwán)
• Lumigrow (Estados Unidos)
• Samsung (Corea del Sur)
• Savant Systems Inc. (Estados Unidos)
• AeroFarms (Estados Unidos)
• Hortilux Schréder (Países Bajos)
• Koninklijke Philips NV (Países Bajos)
• Alta LED Corporation (Estados Unidos)
• Epistar (Taiwán) General Electric (EE. UU.)
• Illumitex Inc., (Estados Unidos)
• Shenzhen Juson Technology Co. Ltd. (China)
• Iwasaki Electric Co. Ltd (Japón)

Últimos avances en el mercado de luces de cultivo

• En enero de 2020, Nectar Farms en Victoria (Australia) ofreció un contrato a MITRA LED Lighting Solutions. Esta solución permitirá a Nectar Farms ampliar la producción de tomates en invernadero. a Heliospectra AB
• En marzo de 2020, Signify adquirió Cooper Lighting Solutions (US), una subsidiaria de Eaton que es un importante proveedor de controles de iluminación, iluminación profesional e iluminación conectada. Eaton es un fabricante de clase mundial de iluminación profesional, controles de iluminación e iluminación en red. Con este logro, la empresa podrá mejorar su posición en el mercado norteamericano.
• En junio de 2020, Fluence de OSRAM incorporó 4 espectros adicionales a su serie de luces superiores VYPR, con eficacias líderes en el mercado de hasta 3,8 µmol/J. Desde el blanco intenso hasta el rojo intenso, los espectros PhysioSpec ampliados de Fluence permiten a los productores optimizar las estrategias de iluminación para cualquier cultivo en cualquier etapa de crecimiento o ubicación geográfica.

SKU-13467