Agricultural LED Market Recent and Future Demand, Trends and Foreseen Research Report 2029
Agricultural LED Market was valued at US$ 3.84 Bn. in 2022. The Global Agricultural LED Market size is estimated to grow at a CAGR of 20.3 % over the forecast period.
Agricultural LED Market Overview:
The purpose of this Agricultural LED Market study is to provide a comprehensive overview of the Agricultural LED Market, including extensive market segmentation based on connection type, end-use, and geography. The report contains essential information about the market positions of major Agricultural LED Market companies, along with noteworthy industry trends and prospects.
Agricultural LED Market Scope:
The research also emphasizes the leading industry players in the Global Agricultural LED Market. It includes details such as company backgrounds, product images and specifications, production capacity, pricing, cost, revenue, and contact information.
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Agricultural LED Market Dynamics:
Agricultural LEDs are utilized for lighting in indoor applications, providing crops with artificial light in place of natural daylight. Agricultural LED illuminates artificial lightning to support and enhance plant growth. It is employed in a variety of farming practices, including greenhouse farming, vertical farming, and indoor farming. Due to its low installation costs and affordable client solutions, agricultural LED is the latest technology used in farming today. For uses including supplemental lighting, urban farming, and agriculture without the use of daylight, agricultural lighting utilization has expanded recently.
Agricultural LED Market Segmentation:
by Lighting Type
Toplighting
interlighting
Photoperiodic Lighting
Supplemental Lighting
Sole-Source Lighting
by Cultivation
Fruits
Vegetables
Floriculture
by Technology
High-Intensity Discharge
Fluorescent
Others
by Offering
Hardware
Software
Services
by Application
Greenhouses
Vertical Farming
Indoor Farming
Others
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Agricultural LED Market Key Players in the Agricultural LED Market:
1. Philips
2. Osram
3. General Electric
4. Easy Agricultural
5. Illumitex
6. Fionia Lighting
7. Lumigrow
8. Kind LED Grow Lights
9. California LightWorks
10. Spectrum King Grow Lights
11. Valoya
12. Weshine
13. Apollo Horticulture
14. Kessil
15. Cidly
16. Heliospectra AB
17. LEDHYDROPONICS
18. Ohmax Optoelectronic
19. Zhicheng
20. Noribachi
21. Greengage Lighting Ltd
22. Beba-Lighting UK Limited
23. ONCE，Inc.
Agricultural LED Market Regional Analysis:
The study offers a comprehensive PESTLE analysis for each of the five regions, namely North America, Europe, Asia Pacific, the Middle East and Africa, and South America. It takes into consideration the political, economic, social, and technical elements influencing the Agricultural LED Market in these regions.
COVID-19 Impact Analysis on Agricultural LED Market:
The COVID-19 pandemic has significantly altered consumer behavior across various sectors. Industries must adapt their strategies to address changing market dynamics. This report provides an overview of the COVID-19 impact on the Agricultural LED Market and offers insights to help businesses align with new industry standards.
Key Questions Answered in the Agricultural LED Market Report:
Which product segment dominated the Agricultural LED Market in 2022?
What does the competitive landscape of the Agricultural LED Market look like?
What are the key factors driving Agricultural LED Market growth?
Which region holds the largest share in the Agricultural LED Market?
What is the projected CAGR of the Agricultural LED Market during the forecast period (2023-2029)?
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