Horticultural LED Lighting Market will reach 940 million US$ in 2023

Horticultural LED Lighting is composed of light-emitting diodes, usually in a casing with a heat sink and built-in fans. Horticultural LED Lights do not usually require separate ballast and can be plugged directly into a standard electrical socket. Horticultural LED Lighting can act as daylight in the absence of sunlight, so that plants can be normal or better growth and development. Horticultural LED Lights have strong roots, encourage, adjust the flowering, color, to promote fruit ripening, color, and enhance the taste and quality of the role.

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Scope of the Report:
This report focuses on the Horticultural LED Lighting in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

As for the horticultural LED lighting industry, the industry structure is relatively concentrated. The top 5 manufacturers occupied 41.67% of market share in 2016. The top 3 manufacturers are Philips, Osram and General Electric. The Philips which has 12.95% market share in 2016 is the leader in the LED Grow Lights industry. The manufacturers following Philips are Osram and Everlight Electronics which respectively has 9.62% and 9.00% market share in 2016.

Europe is the largest sales region for horticultural LED lighting which the number is about 1163K units with the market share of 32.24% in 2016. North America is the second largest sales region of horticultural LED lighting sales about 1116K Unit.

We believe horticultural LED lighting industry have lot connection with the upstream raw materials. With the development agriculture and LED light industry we tend to believe the future of horticultural LED lighting will be optimism.

The worldwide market for Horticultural LED Lighting is expected to grow at a CAGR of roughly xx% over the next five years, will reach 940 million US$ in 2023, from 940 million US$ in 2017, according to a new GIR (Global Info Research) study.

Market Segment by Manufacturers, this report covers
Philips
Osram
Everlight Electronics
Hubbell Lighting
Cree
General Electric
Gavita
Kessil
Fionia Lighting
Illumitex
Lumigrow
Valoya
Cidly
Heliospectra AB
Ohmax Optoelectronic

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Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Low Power (?300W)
High Power (?300W)

Market Segment by Applications, can be divided into
Commercial Greenhouse
Indoor and Vertical Farming
R&D

There are 15 Chapters to deeply display the global Horticultural LED Lighting market.
Chapter 1, to describe Horticultural LED Lighting Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Horticultural LED Lighting, with sales, revenue, and price of Horticultural LED Lighting, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Horticultural LED Lighting, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Horticultural LED Lighting market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Horticultural LED Lighting sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

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