Global LED Grow Lights Market Growth 2019-2024

LED grow lights are composed of light-emitting diodes, usually in a casing with a heat sink and built-in fans. LED grow lights do not usually require separate ballast and can be plugged directly into a standard electrical socket. LED grow lights can act as daylight in the absence of sunlight, so that plants can be normal or better growth and development. LED grow lights has strong roots, encourage, adjust the flowering, color, to promote fruit ripening, color, enhance the taste and quality of the role. First, as for the LED Grow Lights industry, the industry structure is relatively dispersion. The top 5 manufacturers occupied 31.98% of market share in 2015. The top 3 manufacturers are Philips, Osram and General Electric. The Philips which has 14.29% market share in 2015 is the leader in the LED Grow Lights industry. The manufacturers following Clearblue are Osram and General Electric which respectively has 7.20% and 4.75% market share in 2015. Second, the global consumption of LED Grow Lights products rises up from about 184.90 K units in 2011 to about 2022.75 K units in 2015, with an average annual growth rate of 61.36%. Third, China is the largest production region for LED Grow Lights witch production about 33.60% in 2015. Europe is the largest consumption region of LED Grow Lights witch consumption about 34.55%. North America is the second consumption about 29.33% in 2015. Finally, we believe LED Grow Lights industry have lot connection with the upstream raw materials. With the development agriculture and LED light industry we tend to believe the future of LED Grow ...
Table of Contents 2019-2024 Global LED Grow Lights Consumption Market Report 1 Scope of the Report 1.1 Market Introduction 1.2 Research Objectives 1.3 Years Considered 1.4 Market Research Methodology 1.5 Economic Indicators 1.6 Currency Considered 2 Executive Summary 2.1 World Market Overview 2.1.1 Global LED Grow Lights Consumption 2014-2024 2.1.2 LED Grow Lights Consumption CAGR by Region 2.2 LED Grow Lights Segment by Type 2.2.1 High Power (≥300W) 2.2.2 Low Power (<300W) 2.3 LED Grow Lights Consumption by Type 2.3.1 Global LED Grow Lights Consumption Market Share by Type (2014-2019) 2.3.2 Global LED Grow Lights Revenue and Market Share by Type (2014-2019) 2.3.3 Global LED Grow Lights Sale Price by Type (2014-2019) 2.4 LED Grow Lights Segment by Application 2.4.1 Commercial Greenhouses 2.4.2 Indoor Grow Facilities 2.4.3 Research Applications 2.5 LED Grow ...
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