Agricoltura
Grow Lights Market Worth $2.5 Billion in 2025 - Exclusive Report by MarketsandMarkets™
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Toplighting is the conventional lighting method in controlled environment agriculture. Nearly 94–96% of global crop production uses toplighting. Lamps with a particular spectrum of light are positioned above the plants. Interlighting is a relatively new concept, and the market for interlighting is expected to grow at a higher CAGR of 27.4% during the forecast period owing to the increasing awareness about this lighting technique. Interlighting provides greater light efficacy, which results in higher yield compared to toplighting as the design of interlighting allows a plant to absorb light rays from the entire spectrum.
>300-watt grow lights offer a full-spectrum light, which is safe for all stages of growing plants. These lighting fixtures cover an area of about 4×4 and a height of about 6.5 feet. The wide array of light helps stimulate photosynthesis. The intensity remains constant, thereby facilitating the rapid growth of plants. They come with high-quality fans and aluminum heat sinks, which ensure efficient heat dissipation and extended life.
In June 2019 , Signify introduced a new Philips GreenPower LED production module 3.0 (49–635 watt) to help growers optimize multilayer crop cultivation of lettuce and other leafy greens, herbs, soft fruits, and young plants. The new module enables growers to adapt the color spectra easily to meet the needs of different crops and growth phases.
Grow Lights Market
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The grow lights market in APAC is expected to register the highest CAGR during the forecast period. Growing population, and increasing emphasis of regional governments on the adoption of LED lights in farming practices, along with fast-track urbanization, are the key factors driving the market growth in APAC. Additionally, to reduce transportation costs and minimize the distance between the market and production plant of fresh fruits and vegetables, farmers are focusing on urban farming, which is likely to generate demand for grow lights in the coming years.
Signify Holding ( Netherlands ), General Electric Company (US), Osram GmbH ( Germany ), Gavita International B. V. ( Netherlands ), Helliospectra AB ( Sweden ), Iwasaki Electric Co., Ltd. ( Japan ), Illumitex (US), Hortilux Schréder ( Netherlands ), California Lightworks (US), Zuzi Technology ( China ), AeroFarms (US), Emium LLC (US), InduLux Technologies ( Canada ), Valoya ( Finland ), Kessil (US), Thrive Agritech (US), VividGro (US), Bowery Farming, Inc. (US), Metropolis Farms (US), and Crop One Holdings (US) are a few major players in the grow lights market.
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