Part 1
Part 2
Part 3
Part 5
Commercial LED grow light is a specialized lighting system designed to provide the required light spectrum for optimal plant growth in indoor farming, greenhouses, and controlled environment agriculture (CEA). These LED grow lights are widely used by commercial growers to cultivate various crops, including vegetables, fruits, herbs, and medicinal plants, throughout the year regardless of external weather conditions. Commercial LED Grow Light report published by QYResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global Commercial LED Grow Light market is projected to reach US$ 3695.7 million in 2029, increasing from US$ 1160 million in 2022, with the CAGR of 18.0% during the period of 2023 to 2029. Demand from Farming and Greenhouse are the major drivers for the industry.
The global market for commercial LED grow lights has been experiencing significant growth, driven by the increasing adoption of indoor farming, vertical farming, and controlled environment agriculture (CEA) practices worldwide. Commercial LED grow lights have become a preferred choice for growers due to their energy efficiency, customizable light spectrum, and ability to support year-round cultivation of various crops. The rising demand for year-round crop production, independent of external weather conditions, has fueled the adoption of commercial LED grow lights in indoor farming facilities. North America and Europe have been dominant markets for commercial LED grow lights due to the high adoption of indoor farming and the presence of technologically advanced agricultural practices. The Asia-Pacific region, including countries like China and Japan, has also witnessed significant growth, driven by the increasing focus on modern farming techniques and food security. The global market for commercial LED grow lights is expected to continue its upward trajectory in the coming years. As indoor farming and CEA practices gain traction worldwide, the demand for energy-efficient and customizable lighting solutions will increase. Advances in LED technology, including improved efficiency and spectral optimization, will likely drive the market's growth further. Additionally, increased research and development in horticulture lighting and the optimization of light recipes for specific crops may lead to more specialized and efficient commercial LED grow light solutions. Report Scope This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Commercial LED Grow Light market with multiple angles, which provides sufficient supports to readers’ strategy and decision making. Manufacturers, Type, Application and Regions Listed in the Report: By Company Signify GE Lighting Gavita Osram Hubbell Lighting Everlight Electronics Kessil Cree Illumitex Senmatic A/S Valoya Heliospectra Cidly Vipple Growray Ohmax Optoelectronic California Lightworks VANQ Technology Segment by Type Partial Spectrum Light Full Spectrum Light Segment by Application Farming Greenhouse Growroom Others Segment by Region North America United States Canada Europe Germany France U.K. Italy Russia Asia-Pacific China Japan South Korea India Australia China Taiwan Southeast Asia Latin America Mexico Brazil Argentina Middle East & Africa Turkey Saudi Arabia UAE Each chapter of the report provides detailed information for readers to understand the Commercial LED Grow Light market further: Chapter 1: Product Definition, Product Types, Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023. Chapter 2: Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers’ commercial date of Commercial LED Grow Light, product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the Commercial LED Grow Light industry. Chapter 3: Historical (2018-2022) and forecast (2023-2029) volume and revenue analysis of Commercial LED Grow Light in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. Chapter 4: Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023. Chapter 5 to 9: Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis. Chapter 10: Manufacturers’ Outline, covering company’s basic information like headquarter, contact information, major business, Commercial LED Grow Light introduction, etc. Commercial LED Grow Light Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part. Chapter 11: Industry Chain, like raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter. Chapter 12: Market Channel, Distributors and Customers are listed. Chapter 13: QYResearch’s Conclusions of Commercial LED Grow Light market based on comprehensive survey. Chapter 14: Methodology and Data Sources adopted by QYResearch.
1 Commercial LED Grow Light Market Overview
1.1 Commercial LED Grow Light Product Overview
1.2 Commercial LED Grow Light Market Segment by Type
1.2.1 Partial Spectrum Light
1.2.2 Full Spectrum Light
1.3 Global Commercial LED Grow Light Market Size by Type
1.3.1 Global Commercial LED Grow Light Market Size Overview by Type (2018-2029)
1.3.2 Global Commercial LED Grow Light Historic Market Size Review by Type (2018-2023)
1.3.3 Global Commercial LED Grow Light Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Commercial LED Grow Light Sales Breakdown by Type (2018-2023)
1.4.2 Europe Commercial LED Grow Light Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Commercial LED Grow Light Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Commercial LED Grow Light Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Commercial LED Grow Light Sales Breakdown by Type (2018-2023)
2 Global Commercial LED Grow Light Market Competition by Company
2.1 Global Top Players by Commercial LED Grow Light Sales (2018-2023)
2.2 Global Top Players by Commercial LED Grow Light Revenue (2018-2023)
2.3 Global Top Players by Commercial LED Grow Light Price (2018-2023)
2.4 Global Top Manufacturers Commercial LED Grow Light Manufacturing Base Distribution, Sales Area, Product Type
2.5 Commercial LED Grow Light Market Competitive Situation and Trends
2.5.1 Commercial LED Grow Light Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Commercial LED Grow Light Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Commercial LED Grow Light as of 2022)
2.7 Date of Key Manufacturers Enter into Commercial LED Grow Light Market
2.8 Key Manufacturers Commercial LED Grow Light Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Commercial LED Grow Light Status and Outlook by Region
3.1 Global Commercial LED Grow Light Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Commercial LED Grow Light Historic Market Size by Region
3.2.1 Global Commercial LED Grow Light Sales in Volume by Region (2018-2023)
3.2.2 Global Commercial LED Grow Light Sales in Value by Region (2018-2023)
3.2.3 Global Commercial LED Grow Light Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Commercial LED Grow Light Forecasted Market Size by Region
3.3.1 Global Commercial LED Grow Light Sales in Volume by Region (2024-2029)
3.3.2 Global Commercial LED Grow Light Sales in Value by Region (2024-2029)
3.3.3 Global Commercial LED Grow Light Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Commercial LED Grow Light by Application
4.1 Commercial LED Grow Light Market Segment by Application
4.1.1 Farming
4.1.2 Greenhouse
4.1.3 Growroom
4.1.4 Others
4.2 Global Commercial LED Grow Light Market Size by Application
4.2.1 Global Commercial LED Grow Light Market Size Overview by Application (2018-2029)
4.2.2 Global Commercial LED Grow Light Historic Market Size Review by Application (2018-2023)
4.2.3 Global Commercial LED Grow Light Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Commercial LED Grow Light Sales Breakdown by Application (2018-2023)
4.3.2 Europe Commercial LED Grow Light Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Commercial LED Grow Light Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Commercial LED Grow Light Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Commercial LED Grow Light Sales Breakdown by Application (2018-2023)
5 North America Commercial LED Grow Light by Country
5.1 North America Commercial LED Grow Light Historic Market Size by Country
5.1.1 North America Commercial LED Grow Light Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Commercial LED Grow Light Sales in Volume by Country (2018-2023)
5.1.3 North America Commercial LED Grow Light Sales in Value by Country (2018-2023)
5.2 North America Commercial LED Grow Light Forecasted Market Size by Country
5.2.1 North America Commercial LED Grow Light Sales in Volume by Country (2024-2029)
5.2.2 North America Commercial LED Grow Light Sales in Value by Country (2024-2029)
6 Europe Commercial LED Grow Light by Country
6.1 Europe Commercial LED Grow Light Historic Market Size by Country
6.1.1 Europe Commercial LED Grow Light Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Commercial LED Grow Light Sales in Volume by Country (2018-2023)
6.1.3 Europe Commercial LED Grow Light Sales in Value by Country (2018-2023)
6.2 Europe Commercial LED Grow Light Forecasted Market Size by Country
6.2.1 Europe Commercial LED Grow Light Sales in Volume by Country (2024-2029)
6.2.2 Europe Commercial LED Grow Light Sales in Value by Country (2024-2029)
7 Asia-Pacific Commercial LED Grow Light by Region
7.1 Asia-Pacific Commercial LED Grow Light Historic Market Size by Region
7.1.1 Asia-Pacific Commercial LED Grow Light Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Commercial LED Grow Light Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Commercial LED Grow Light Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Commercial LED Grow Light Forecasted Market Size by Region
7.2.1 Asia-Pacific Commercial LED Grow Light Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Commercial LED Grow Light Sales in Value by Region (2024-2029)
8 Latin America Commercial LED Grow Light by Country
8.1 Latin America Commercial LED Grow Light Historic Market Size by Country
8.1.1 Latin America Commercial LED Grow Light Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Commercial LED Grow Light Sales in Volume by Country (2018-2023)
8.1.3 Latin America Commercial LED Grow Light Sales in Value by Country (2018-2023)
8.2 Latin America Commercial LED Grow Light Forecasted Market Size by Country
8.2.1 Latin America Commercial LED Grow Light Sales in Volume by Country (2024-2029)
8.2.2 Latin America Commercial LED Grow Light Sales in Value by Country (2024-2029)
9 Middle East and Africa Commercial LED Grow Light by Country
9.1 Middle East and Africa Commercial LED Grow Light Historic Market Size by Country
9.1.1 Middle East and Africa Commercial LED Grow Light Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Commercial LED Grow Light Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Commercial LED Grow Light Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Commercial LED Grow Light Forecasted Market Size by Country
9.2.1 Middle East and Africa Commercial LED Grow Light Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Commercial LED Grow Light Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Signify
10.1.1 Signify Company Information
10.1.2 Signify Introduction and Business Overview
10.1.3 Signify Commercial LED Grow Light Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Signify Commercial LED Grow Light Products Offered
10.1.5 Signify Recent Development
10.2 GE Lighting
10.2.1 GE Lighting Company Information
10.2.2 GE Lighting Introduction and Business Overview
10.2.3 GE Lighting Commercial LED Grow Light Sales, Revenue and Gross Margin (2018-2023)
10.2.4 GE Lighting Commercial LED Grow Light Products Offered
10.2.5 GE Lighting Recent Development
10.3 Gavita
10.3.1 Gavita Company Information
10.3.2 Gavita Introduction and Business Overview
10.3.3 Gavita Commercial LED Grow Light Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Gavita Commercial LED Grow Light Products Offered
10.3.5 Gavita Recent Development
10.4 Osram
10.4.1 Osram Company Information
10.4.2 Osram Introduction and Business Overview
10.4.3 Osram Commercial LED Grow Light Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Osram Commercial LED Grow Light Products Offered
10.4.5 Osram Recent Development
10.5 Hubbell Lighting
10.5.1 Hubbell Lighting Company Information
10.5.2 Hubbell Lighting Introduction and Business Overview
10.5.3 Hubbell Lighting Commercial LED Grow Light Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Hubbell Lighting Commercial LED Grow Light Products Offered
10.5.5 Hubbell Lighting Recent Development
10.6 Everlight Electronics
10.6.1 Everlight Electronics Company Information
10.6.2 Everlight Electronics Introduction and Business Overview
10.6.3 Everlight Electronics Commercial LED Grow Light Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Everlight Electronics Commercial LED Grow Light Products Offered
10.6.5 Everlight Electronics Recent Development
10.7 Kessil
10.7.1 Kessil Company Information
10.7.2 Kessil Introduction and Business Overview
10.7.3 Kessil Commercial LED Grow Light Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Kessil Commercial LED Grow Light Products Offered
10.7.5 Kessil Recent Development
10.8 Cree
10.8.1 Cree Company Information
10.8.2 Cree Introduction and Business Overview
10.8.3 Cree Commercial LED Grow Light Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Cree Commercial LED Grow Light Products Offered
10.8.5 Cree Recent Development
10.9 Illumitex
10.9.1 Illumitex Company Information
10.9.2 Illumitex Introduction and Business Overview
10.9.3 Illumitex Commercial LED Grow Light Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Illumitex Commercial LED Grow Light Products Offered
10.9.5 Illumitex Recent Development
10.10 Senmatic A/S
10.10.1 Senmatic A/S Company Information
10.10.2 Senmatic A/S Introduction and Business Overview
10.10.3 Senmatic A/S Commercial LED Grow Light Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Senmatic A/S Commercial LED Grow Light Products Offered
10.10.5 Senmatic A/S Recent Development
10.11 Valoya
10.11.1 Valoya Company Information
10.11.2 Valoya Introduction and Business Overview
10.11.3 Valoya Commercial LED Grow Light Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Valoya Commercial LED Grow Light Products Offered
10.11.5 Valoya Recent Development
10.12 Heliospectra
10.12.1 Heliospectra Company Information
10.12.2 Heliospectra Introduction and Business Overview
10.12.3 Heliospectra Commercial LED Grow Light Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Heliospectra Commercial LED Grow Light Products Offered
10.12.5 Heliospectra Recent Development
10.13 Cidly
10.13.1 Cidly Company Information
10.13.2 Cidly Introduction and Business Overview
10.13.3 Cidly Commercial LED Grow Light Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Cidly Commercial LED Grow Light Products Offered
10.13.5 Cidly Recent Development
10.14 Vipple
10.14.1 Vipple Company Information
10.14.2 Vipple Introduction and Business Overview
10.14.3 Vipple Commercial LED Grow Light Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Vipple Commercial LED Grow Light Products Offered
10.14.5 Vipple Recent Development
10.15 Growray
10.15.1 Growray Company Information
10.15.2 Growray Introduction and Business Overview
10.15.3 Growray Commercial LED Grow Light Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Growray Commercial LED Grow Light Products Offered
10.15.5 Growray Recent Development
10.16 Ohmax Optoelectronic
10.16.1 Ohmax Optoelectronic Company Information
10.16.2 Ohmax Optoelectronic Introduction and Business Overview
10.16.3 Ohmax Optoelectronic Commercial LED Grow Light Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Ohmax Optoelectronic Commercial LED Grow Light Products Offered
10.16.5 Ohmax Optoelectronic Recent Development
10.17 California Lightworks
10.17.1 California Lightworks Company Information
10.17.2 California Lightworks Introduction and Business Overview
10.17.3 California Lightworks Commercial LED Grow Light Sales, Revenue and Gross Margin (2018-2023)
10.17.4 California Lightworks Commercial LED Grow Light Products Offered
10.17.5 California Lightworks Recent Development
10.18 VANQ Technology
10.18.1 VANQ Technology Company Information
10.18.2 VANQ Technology Introduction and Business Overview
10.18.3 VANQ Technology Commercial LED Grow Light Sales, Revenue and Gross Margin (2018-2023)
10.18.4 VANQ Technology Commercial LED Grow Light Products Offered
10.18.5 VANQ Technology Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Commercial LED Grow Light Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Commercial LED Grow Light Industrial Chain Analysis
11.4 Commercial LED Grow Light Market Dynamics
11.4.1 Commercial LED Grow Light Industry Trends
11.4.2 Commercial LED Grow Light Market Drivers
11.4.3 Commercial LED Grow Light Market Challenges
11.4.4 Commercial LED Grow Light Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Commercial LED Grow Light Distributors
12.3 Commercial LED Grow Light Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
List of Tables Table 1. Major Company of Partial Spectrum Light Table 2. Major Company of Full Spectrum Light Table 3. Global Commercial LED Grow Light Sales by Type 2018 VS 2022 VS 2029 (US$ Million) Table 4. Global Commercial LED Grow Light Sales by Type (2018-2023) & (K Units) Table 5. Global Commercial LED Grow Light Sales Market Share in Volume by Type (2018-2023) Table 6. Global Commercial LED Grow Light Sales by Type (2018-2023) & (US& Million) Table 7. Global Commercial LED Grow Light Market Share in Value by Type (2018-2023) Table 8. Global Commercial LED Grow Light Price by Type (2018-2023) & (US$/Unit) Table 9. Global Commercial LED Grow Light Sales by Type (2024-2029) & (K Units) Table 10. Global Commercial LED Grow Light Sales Market Share in Volume by Type (2024-2029) Table 11. Global Commercial LED Grow Light Sales by Type (2024-2029) & (US$ Million) Table 12. Global Commercial LED Grow Light Sales Market Share in Value by Type (2024-2029) Table 13. Global Commercial LED Grow Light Price by Type (2024-2029) & (US$/Unit) Table 14. North America Commercial LED Grow Light Sales by Type (2018-2023) & (K Units) Table 15. North America Commercial LED Grow Light Sales by Type (2018-2023) & (US$ Million) Table 16. Europe Commercial LED Grow Light Sales (K Units) by Type (2018-2023) Table 17. Europe Commercial LED Grow Light Sales by Type (2018-2023) & (US$ Million) Table 18. Asia-Pacific Commercial LED Grow Light Sales (K Units) by Type (2018-2023) Table 19. Asia-Pacific Commercial LED Grow Light Sales by Type (2018-2023) & (US$ Million) Table 20. Latin America Commercial LED Grow Light Sales (K Units) by Type (2018-2023) Table 21. Latin America Commercial LED Grow Light Sales by Type (2018-2023) & (US$ Million) Table 22. Middle East and Africa Commercial LED Grow Light Sales (K Units) by Type (2018-2023) Table 23. Middle East and Africa Commercial LED Grow Light Sales by Type (2018-2023) & (US$ Million) Table 24. Global Commercial LED Grow Light Sales by Company (2018-2023) & (K Units) Table 25. Global Commercial LED Grow Light Sales Share by Company (2018-2023) Table 26. Global Commercial LED Grow Light Revenue by Company (2018-2023) & (US$ Million) Table 27. Global Commercial LED Grow Light Revenue Share by Company (2018-2023) Table 28. Global Market Commercial LED Grow Light Price by Company (2018-2023) & (US$/Unit) Table 29. Global Commercial LED Grow Light Top Manufacturers Manufacturing Base Distribution and Sales Area Table 30. Global Commercial LED Grow Light Manufacturers Market Concentration Ratio (CR5 and HHI) Table 31. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Commercial LED Grow Light as of 2022) Table 32. Date of Key Manufacturers Enter into Commercial LED Grow Light Market Table 33. Key Manufacturers Commercial LED Grow Light Product Type Table 34. Mergers & Acquisitions, Expansion Plans Table 35. Global Commercial LED Grow Light Market Size Comparison by Region (US$ Million): 2018 VS 2022 VS 2029 Table 36. Global Commercial LED Grow Light Sales by Region (2018-2023) & (K Units) Table 37. Global Commercial LED Grow Light Sales Market Share in Volume by Region (2018-2023) Table 38. Global Commercial LED Grow Light Sales by Region (2018-2023) & (US$ Million) Table 39. Global Commercial LED Grow Light Sales Market Share in Value by Region (2018-2023) Table 40. Global Commercial LED Grow Light Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2018-2023) Table 41. Global Commercial LED Grow Light Sales by Region (2024-2029) & (K Units) Table 42. Global Commercial LED Grow Light Sales Market Share in Volume by Region (2024-2029) Table 43. Global Commercial LED Grow Light Sales by Region (2024-2029) & (US$ Million) Table 44. Global Commercial LED Grow Light Sales Market Share in Value by Region (2024-2029) Table 45. Global Commercial LED Grow Light Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2024-2029) Table 46. Global Commercial LED Grow Light Sales by Application: 2018 VS 2022 VS 2029 (US$ Million) Table 47. Global Commercial LED Grow Light Sales by Application (2018-2023) & (K Units) Table 48. Global Commercial LED Grow Light Sales Market Share in Volume by Application (2018-2023) Table 49. Global Commercial LED Grow Light Sales by Application (2018-2023) & (US$ Million) Table 50. Global Commercial LED Grow Light Sales Market Share in Value by Application (2018-2023) Table 51. Global Commercial LED Grow Light Price by Application (2018-2023) & (US$/Unit) Table 52. Global Commercial LED Grow Light Sales by Application (2024-2029) & (K Units) Table 53. Global Commercial LED Grow Light Sales Market Share in Volume by Application (2024-2029) Table 54. Global Commercial LED Grow Light Sales by Application (2024-2029) & (US$ Million) Table 55. Global Commercial LED Grow Light Sales Market Share in Value by Application (2024-2029) Table 56. Global Commercial LED Grow Light Price by Application (2024-2029) & (US$/Unit) Table 57. North America Commercial LED Grow Light Sales by Application (2018-2023) (K Units) Table 58. North America Commercial LED Grow Light Sales by Application (2018-2023) & (US$ Million) Table 59. Europe Commercial LED Grow Light Sales by Application (2018-2023) (K Units) Table 60. Europe Commercial LED Grow Light Sales by Application (2018-2023) & (US$ Million) Table 61. Asia-Pacific Commercial LED Grow Light Sales by Application (2018-2023) (K Units) Table 62. Asia-Pacific Commercial LED Grow Light Sales by Application (2018-2023) & (US$ Million) Table 63. Latin America Commercial LED Grow Light Sales by Application (2018-2023) (K Units) Table 64. Latin America Commercial LED Grow Light Sales by Application (2018-2023) & (US$ Million) Table 65. Middle East and Africa Commercial LED Grow Light Sales by Application (2018-2023) (K Units) Table 66. Middle East and Africa Commercial LED Grow Light Sales by Application (2018-2023) & (US$ Million) Table 67. North America Commercial LED Grow Light Sales by Country (2018-2023) & (K Units) Table 68. North America Commercial LED Grow Light Sales Market Share in Volume by Country (2018-2023) Table 69. North America Commercial LED Grow Light Sales by Country (2018-2023) & (US$ Million) Table 70. North America Commercial LED Grow Light Sales Market Share in Value by Country (2018-2023) Table 71. North America Commercial LED Grow Light Sales by Country (2024-2029) & (K Units) Table 72. North America Commercial LED Grow Light Sales Market Share in Volume by Country (2024-2029) Table 73. North America Commercial LED Grow Light Sales by Country (2024-2029) & (US$ Million) Table 74. North America Commercial LED Grow Light Sales Market Share in Value by Country (2024-2029) Table 75. Europe Commercial LED Grow Light Sales by Country (2018-2023) & (K Units) Table 76. Europe Commercial LED Grow Light Sales Market Share in Volume by Country (2018-2023) Table 77. Europe Commercial LED Grow Light Sales by Country (2018-2023) & (US$ Million) Table 78. Europe Commercial LED Grow Light Sales Market Share in Value by Country (2018-2023) Table 79. Europe Commercial LED Grow Light Sales by Country (2024-2029) & (K Units) Table 80. Europe Commercial LED Grow Light Sales Market Share in Volume by Country (2024-2029) Table 81. Europe Commercial LED Grow Light Sales by Country (2024-2029) & (US$ Million) Table 82. Europe Commercial LED Grow Light Sales Market Share in Value by Country (2024-2029) Table 83. Asia-Pacific Commercial LED Grow Light Sales by Region (2018-2023) & (K Units) Table 84. Asia-Pacific Commercial LED Grow Light Sales Market Share in Volume by Region (2018-2023) Table 85. Asia-Pacific Commercial LED Grow Light Sales by Region (2018-2023) & (US$ Million) Table 86. Asia-Pacific Commercial LED Grow Light Sales Market Share in Value by Region (2018-2023) Table 87. Asia-Pacific Commercial LED Grow Light Sales by Region (2024-2029) & (K Units) Table 88. Asia-Pacific Commercial LED Grow Light Sales Market Share in Volume by Region (2024-2029) Table 89. Asia-Pacific Commercial LED Grow Light Sales by Region (2024-2029) & (US$ Million) Table 90. Asia-Pacific Commercial LED Grow Light Sales Market Share in Value by Region (2024-2029) Table 91. Latin America Commercial LED Grow Light Sales by Country (2018-2023) & (K Units) Table 92. Latin America Commercial LED Grow Light Sales Market Share in Volume by Country (2018-2023) Table 93. Latin America Commercial LED Grow Light Sales by Country (2018-2023) & (US$ Million) Table 94. Latin America Commercial LED Grow Light Sales Market Share in Value by Country (2018-2023) Table 95. Latin America Commercial LED Grow Light Sales by Country (2024-2029) & (K Units) Table 96. Latin America Commercial LED Grow Light Sales Market Share in Volume by Country (2024-2029) Table 97. Latin America Commercial LED Grow Light Sales by Country (2024-2029) & (US$ Million) Table 98. Latin America Commercial LED Grow Light Sales Market Share in Value by Country (2024-2029) Table 99. Middle East and Africa Commercial LED Grow Light Sales by Country (2018-2023) & (K Units) Table 100. Middle East and Africa Commercial LED Grow Light Sales Market Share in Volume by Country (2018-2023) Table 101. Middle East and Africa Commercial LED Grow Light Sales by Country (2018-2023) & (US$ Million) Table 102. Middle East and Africa Commercial LED Grow Light Sales Market Share in Value by Country (2018-2023) Table 103. Middle East and Africa Commercial LED Grow Light Sales by Country (2024-2029) & (K Units) Table 104. Middle East and Africa Commercial LED Grow Light Sales Market Share in Volume by Country (2024-2029) Table 105. Middle East and Africa Commercial LED Grow Light Sales by Country (2024-2029) & (US$ Million) Table 106. Middle East and Africa Commercial LED Grow Light Sales Market Share in Value by Country (2024-2029) Table 107. Signify Company Information Table 108. Signify Introduction and Business Overview Table 109. Signify Commercial LED Grow Light Sales (K Units), Revenue (Million USD), Price (US$/Unit) and Gross Margin (2018-2023) Table 110. Signify Commercial LED Grow Light Product Table 111. Signify Recent Development Table 112. GE Lighting Company Information Table 113. GE Lighting Introduction and Business Overview Table 114. GE Lighting Commercial LED Grow Light Sales (K Units), Revenue (Million USD), Price (US$/Unit) and Gross Margin (2018-2023) Table 115. GE Lighting Commercial LED Grow Light Product Table 116. GE Lighting Recent Development Table 117. Gavita Company Information Table 118. Gavita Introduction and Business Overview Table 119. Gavita Commercial LED Grow Light Sales (K Units), Revenue (Million USD), Price (US$/Unit) and Gross Margin (2018-2023) Table 120. Gavita Commercial LED Grow Light Product Table 121. Gavita Recent Development Table 122. Osram Company Information Table 123. Osram Introduction and Business Overview Table 124. Osram Commercial LED Grow Light Sales (K Units), Revenue (Million USD), Price (US$/Unit) and Gross Margin (2018-2023) Table 125. Osram Commercial LED Grow Light Product Table 126. Osram Recent Development Table 127. Hubbell Lighting Company Information Table 128. Hubbell Lighting Introduction and Business Overview Table 129. Hubbell Lighting Commercial LED Grow Light Sales (K Units), Revenue (Million USD), Price (US$/Unit) and Gross Margin (2018-2023) Table 130. Hubbell Lighting Commercial LED Grow Light Product Table 131. Hubbell Lighting Recent Development Table 132. Everlight Electronics Company Information Table 133. Everlight Electronics Introduction and Business Overview Table 134. Everlight Electronics Commercial LED Grow Light Sales (K Units), Revenue (Million USD), Price (US$/Unit) and Gross Margin (2018-2023) Table 135. Everlight Electronics Commercial LED Grow Light Product Table 136. Everlight Electronics Recent Development Table 137. Kessil Company Information Table 138. Kessil Introduction and Business Overview Table 139. Kessil Commercial LED Grow Light Sales (K Units), Revenue (Million USD), Price (US$/Unit) and Gross Margin (2018-2023) Table 140. Kessil Commercial LED Grow Light Product Table 141. Kessil Recent Development Table 142. Cree Company Information Table 143. Cree Introduction and Business Overview Table 144. Cree Commercial LED Grow Light Sales (K Units), Revenue (Million USD), Price (US$/Unit) and Gross Margin (2018-2023) Table 145. Cree Commercial LED Grow Light Product Table 146. Cree Recent Development Table 147. Illumitex Company Information Table 148. Illumitex Introduction and Business Overview Table 149. Illumitex Commercial LED Grow Light Sales (K Units), Revenue (Million USD), Price (US$/Unit) and Gross Margin (2018-2023) Table 150. Illumitex Commercial LED Grow Light Product Table 151. Illumitex Recent Development Table 152. Senmatic A/S Company Information Table 153. Senmatic A/S Introduction and Business Overview Table 154. Senmatic A/S Commercial LED Grow Light Sales (K Units), Revenue (Million USD), Price (US$/Unit) and Gross Margin (2018-2023) Table 155. Senmatic A/S Commercial LED Grow Light Product Table 156. Senmatic A/S Recent Development Table 157. Valoya Company Information Table 158. Valoya Introduction and Business Overview Table 159. Valoya Commercial LED Grow Light Sales (K Units), Revenue (Million USD), Price (US$/Unit) and Gross Margin (2018-2023) Table 160. Valoya Commercial LED Grow Light Product Table 161. Valoya Recent Development Table 162. Heliospectra Company Information Table 163. Heliospectra Introduction and Business Overview Table 164. Heliospectra Commercial LED Grow Light Sales (K Units), Revenue (Million USD), Price (US$/Unit) and Gross Margin (2018-2023) Table 165. Heliospectra Commercial LED Grow Light Product Table 166. Heliospectra Recent Development Table 167. Cidly Company Information Table 168. Cidly Introduction and Business Overview Table 169. Cidly Commercial LED Grow Light Sales (K Units), Revenue (Million USD), Price (US$/Unit) and Gross Margin (2018-2023) Table 170. Cidly Commercial LED Grow Light Product Table 171. Cidly Recent Development Table 172. Vipple Company Information Table 173. Vipple Introduction and Business Overview Table 174. Vipple Commercial LED Grow Light Sales (K Units), Revenue (Million USD), Price (US$/Unit) and Gross Margin (2018-2023) Table 175. Vipple Commercial LED Grow Light Product Table 176. Vipple Recent Development Table 177. Growray Company Information Table 178. Growray Introduction and Business Overview Table 179. Growray Commercial LED Grow Light Sales (K Units), Revenue (Million USD), Price (US$/Unit) and Gross Margin (2018-2023) Table 180. Growray Commercial LED Grow Light Product Table 181. Growray Recent Development Table 182. Ohmax Optoelectronic Company Information Table 183. Ohmax Optoelectronic Introduction and Business Overview Table 184. Ohmax Optoelectronic Commercial LED Grow Light Sales (K Units), Revenue (Million USD), Price (US$/Unit) and Gross Margin (2018-2023) Table 185. Ohmax Optoelectronic Commercial LED Grow Light Product Table 186. Ohmax Optoelectronic Recent Development Table 187. California Lightworks Company Information Table 188. California Lightworks Introduction and Business Overview Table 189. California Lightworks Commercial LED Grow Light Sales (K Units), Revenue (Million USD), Price (US$/Unit) and Gross Margin (2018-2023) Table 190. California Lightworks Commercial LED Grow Light Product Table 191. California Lightworks Recent Development Table 192. VANQ Technology Company Information Table 193. VANQ Technology Introduction and Business Overview Table 194. VANQ Technology Commercial LED Grow Light Sales (K Units), Revenue (Million USD), Price (US$/Unit) and Gross Margin (2018-2023) Table 195. VANQ Technology Commercial LED Grow Light Product Table 196. VANQ Technology Recent Development Table 197. Key Raw Materials Lists Table 198. Raw Materials Key Suppliers Lists Table 199. Commercial LED Grow Light Market Trends Table 200. Commercial LED Grow Light Market Drivers Table 201. Commercial LED Grow Light Market Challenges Table 202. Commercial LED Grow Light Market Restraints Table 203. Commercial LED Grow Light Distributors List Table 204. Commercial LED Grow Light Downstream Customers Table 205. Research Programs/Design for This Report Table 206. Key Data Information from Secondary Sources Table 207. Key Data Information from Primary Sources List of Figures Figure 1. Commercial LED Grow Light Product Picture Figure 2. Global Commercial LED Grow Light Market Size, 2018 VS 2022 VS 2029 (US$ Million) Figure 3. Global Commercial LED Grow Light Market Size Status and Outlook (2018-2029) & (US$ Million) Figure 4. Global Commercial LED Grow Light Sales Status and Outlook (2018-2029) & (K Units) Figure 5. Product Picture of Partial Spectrum Light Figure 6. Global Partial Spectrum Light Sales YoY Growth (2018-2029) & (K Units) Figure 7. Product Picture of Full Spectrum Light Figure 8. Global Full Spectrum Light Sales YoY Growth (2018-2029) & (K Units) Figure 9. Global Commercial LED Grow Light Sales by Type (2018-2029) & (US$ Million) Figure 10. Global Commercial LED Grow Light Sales Market Share by Type in 2022 & 2029 Figure 11. North America Commercial LED Grow Light Sales Market Share in Volume by Type in 2022 Figure 12. North America Commercial LED Grow Light Sales Market Share in Value by Type in 2022 Figure 13. Europe Commercial LED Grow Light Sales Market Share in Volume by Type in 2022 Figure 14. Europe Commercial LED Grow Light Sales Market Share in Value by Type in 2022 Figure 15. Asia-Pacific Commercial LED Grow Light Sales Market Share in Volume by Type in 2022 Figure 16. Asia-Pacific Commercial LED Grow Light Sales Market Share in Value by Type in 2022 Figure 17. Latin America Commercial LED Grow Light Sales Market Share in Volume by Type in 2022 Figure 18. Latin America Commercial LED Grow Light Sales Market Share in Value by Type in 2022 Figure 19. Middle East and Africa Commercial LED Grow Light Sales Market Share in Volume by Type in 2022 Figure 20. Middle East and Africa Commercial LED Grow Light Sales Market Share in Value by Type in 2022 Figure 21. The 5 and 10 Largest Manufacturers in the World: Market Share by Commercial LED Grow Light Sales in 2022 Figure 22. The 5 and 10 Largest Manufacturers in the World: Market Share by Commercial LED Grow Light Revenue in 2022 Figure 23. Commercial LED Grow Light Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2018 VS 2022 Figure 24. Product Picture of Farming Figure 25. Global Farming Sales YoY Growth (2018-2029) & (K Units) Figure 26. Product Picture of Greenhouse Figure 27. Global Greenhouse Sales YoY Growth (2018-2029) & (K Units) Figure 28. Product Picture of Growroom Figure 29. Global Growroom Sales YoY Growth (2018-2029) & (K Units) Figure 30. Product Picture of Others Figure 31. Global Others Sales YoY Growth (2018-2029) & (K Units) Figure 32. Global Commercial LED Grow Light Sales by Application (2018-2029) & (US$ Million) Figure 33. Global Commercial LED Grow Light Sales Market Share by Application in 2022 & 2029 Figure 34. North America Commercial LED Grow Light Sales Market Share in Volume by Application in 2022 Figure 35. North America Commercial LED Grow Light Sales Market Share in Value by Application in 2022 Figure 36. Europe Commercial LED Grow Light Sales Market Share in Volume by Application in 2022 Figure 37. Europe Commercial LED Grow Light Sales Market Share in Value by Application in 2022 Figure 38. Asia-Pacific Commercial LED Grow Light Sales Market Share in Volume by Application in 2022 Figure 39. Asia-Pacific Commercial LED Grow Light Sales Market Share in Value by Application in 2022 Figure 40. Latin America Commercial LED Grow Light Sales Market Share in Volume by Application in 2022 Figure 41. Latin America Commercial LED Grow Light Sales Market Share in Value by Application in 2022 Figure 42. Middle East and Africa Commercial LED Grow Light Sales Market Share in Value by Application in 2022 Figure 43. Key Raw Materials Price Figure 44. Commercial LED Grow Light Manufacturing Cost Structure Figure 45. Commercial LED Grow Light Industrial Chain Analysis Figure 46. Channels of Distribution Figure 47. Distributors Profiles Figure 48. Bottom-up and Top-down Approaches for This Report Figure 49. Data Triangulation Figure 50. Key Executives Interviewed
Commercial LED grow light is a specialized lighting system designed to provide the required light spectrum for optimal plant growth in indoor farming, greenhouses, and controlled environment agriculture (CEA). These LED grow lights are widely used by commercial growers to cultivate various crops, including vegetables, fruits, herbs, and medicinal plants, throughout the year regardless of external weather conditions. Commercial LED Grow Light report published by QYResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global Commercial LED Grow Light market is projected to reach US$ 3695.7 million in 2029, increasing from US$ 1160 million in 2022, with the CAGR of 18.0% during the period of 2023 to 2029. Demand from Farming and Greenhouse are the major drivers for the industry.
The global market for commercial LED grow lights has been experiencing significant growth, driven by the increasing adoption of indoor farming, vertical farming, and controlled environment agriculture (CEA) practices worldwide. Commercial LED grow lights have become a preferred choice for growers due to their energy efficiency, customizable light spectrum, and ability to support year-round cultivation of various crops. The rising demand for year-round crop production, independent of external weather conditions, has fueled the adoption of commercial LED grow lights in indoor farming facilities. North America and Europe have been dominant markets for commercial LED grow lights due to the high adoption of indoor farming and the presence of technologically advanced agricultural practices. The Asia-Pacific region, including countries like China and Japan, has also witnessed significant growth, driven by the increasing focus on modern farming techniques and food security. The global market for commercial LED grow lights is expected to continue its upward trajectory in the coming years. As indoor farming and CEA practices gain traction worldwide, the demand for energy-efficient and customizable lighting solutions will increase. Advances in LED technology, including improved efficiency and spectral optimization, will likely drive the market's growth further. Additionally, increased research and development in horticulture lighting and the optimization of light recipes for specific crops may lead to more specialized and efficient commercial LED grow light solutions. Report Scope This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Commercial LED Grow Light market with multiple angles, which provides sufficient supports to readers’ strategy and decision making. Manufacturers, Type, Application and Regions Listed in the Report: By Company Signify GE Lighting Gavita Osram Hubbell Lighting Everlight Electronics Kessil Cree Illumitex Senmatic A/S Valoya Heliospectra Cidly Vipple Growray Ohmax Optoelectronic California Lightworks VANQ Technology Segment by Type Partial Spectrum Light Full Spectrum Light Segment by Application Farming Greenhouse Growroom Others Segment by Region North America United States Canada Europe Germany France U.K. Italy Russia Asia-Pacific China Japan South Korea India Australia China Taiwan Southeast Asia Latin America Mexico Brazil Argentina Middle East & Africa Turkey Saudi Arabia UAE Each chapter of the report provides detailed information for readers to understand the Commercial LED Grow Light market further: Chapter 1: Product Definition, Product Types, Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023. Chapter 2: Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers’ commercial date of Commercial LED Grow Light, product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the Commercial LED Grow Light industry. Chapter 3: Historical (2018-2022) and forecast (2023-2029) volume and revenue analysis of Commercial LED Grow Light in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. Chapter 4: Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023. Chapter 5 to 9: Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis. Chapter 10: Manufacturers’ Outline, covering company’s basic information like headquarter, contact information, major business, Commercial LED Grow Light introduction, etc. Commercial LED Grow Light Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part. Chapter 11: Industry Chain, like raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter. Chapter 12: Market Channel, Distributors and Customers are listed. Chapter 13: QYResearch’s Conclusions of Commercial LED Grow Light market based on comprehensive survey. Chapter 14: Methodology and Data Sources adopted by QYResearch.
USD 3350.00
USD 5025.00
USD 6700.00
Add to Cart
Buy Now
English
Simon Lee
English
Hitesh
Chinese
Damon
Japanese
Tang Xin
Korean
Sung-Bin Yoon
Competition
Key players, new entrants,acquisitions, mergers and expansions,development trends and challenges.
Industry Analysis
Rawmaterial, application, product type, demand,supply,downstream, supply chain etc.
Market Size
Capacity, production, sales, revenue, price, cost etc.
Customized Information
We can offer customized survey and information to meet ourclient's need.
Fastest report delivery service
More than 17 years of vast experience
Operation for 24 * 7 & 365 days
In-depth and comprehensive analysis
Professional and timely after-sales service
Owns large database
English
Simon Lee
English
Hitesh
Chinese
Damon
Japanese
Tang Xin
Korean
Sung-Bin Yoon
Competition
Key players, new entrants,acquisitions, mergers and expansions,development trends and challenges.
Industry Analysis
Rawmaterial, application, product type, demand,supply,downstream, supply chain etc.
Market Size
Capacity, production, sales, revenue, price, cost etc.
Customized Information
We can offer customized survey and information to meet ourclient's need.
Fastest report delivery service
More than 17 years of vast experience
Operation for 24 * 7 & 365 days
In-depth and comprehensive analysis
Professional and timely after-sales service
Owns large database
Add to Cart
Buy Now