Global LED Grow Lights for Plants Supply, Demand and Key Producers, 2026-2032
Description
The global LED Grow Lights for Plants market size is expected to reach $ 4904 million by 2032, rising at a market growth of 12.9% CAGR during the forecast period (2026-2032).
LED grow lights are luminaires utilizing LED chips in a modern and efficient way to produce light for growing plants.
There are several LED grow light benefits that make them a more viable choice over traditional grow lights. Color variations of the LED grow lights are directly connected to the intended purpose – various studies have shown that certain colors influence plant growth, affecting root and flower formation (blue and red light spectra) which practically means that the majority of plant sorts will complete a normal growth cycle if exposed to both blue and red grow lights. Adding other colors to the spectrum, such as green, far-red and deep-blue aids this process by giving plants more information about its environment and overall resulting in higher quality plants (quicker growth, more secondary metabolite accumulation, etc).
North America is the largest consumption place, with a revenue market share nearly 36% in 2023. Following is Europe, which is the second largest consumption place with the revenue market share of 34%.
Market competition is intense. Signify, ams OSRAM, GE Lighting, Gavita, Lumileds, Everlight Electronics, SANANBIO, etc. are the leaders of the industry, with high-end customers. The top five manufacturers held 33% of the market, in terms of LED grow lights for plants revenue in 2023.
Market drivers
Intelligent upgrading of agricultural production: With the development of technologies such as the Internet of Things and big data, agricultural production is gradually moving towards intelligence. As part of smart agriculture, LED grow lights for plants are increasingly widely used.
Popularization of green environmental protection concepts: With the improvement of environmental awareness, people pay more and more attention to the production methods and quality of agricultural products. As an energy-saving and environmentally friendly lighting method, LED grow lights for plants are in line with the development trend of green agriculture.
Decline in LED technology costs: With the continuous advancement of LED technology and the increase in output, its cost has gradually decreased, making the price of LED grow lights for plants more affordable and the market demand continues to increase.
Market development trend
Intelligence: With the development of Internet of Things technology, LED grow lights for plants will achieve more intelligent control and management, and improve agricultural production efficiency.
Customization: Develop more targeted LED grow lights for plants for different types of plants and growth environments to meet personalized needs.
Standardization: Promote the formulation and implementation of industry standards, improve the versatility and interchangeability of products, and reduce the difficulty and cost of use.
This report studies the global LED Grow Lights for Plants production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for LED Grow Lights for Plants and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of LED Grow Lights for Plants that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global LED Grow Lights for Plants total production and demand, 2021-2032, (K Units)
Global LED Grow Lights for Plants total production value, 2021-2032, (USD Million)
Global LED Grow Lights for Plants production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)
Global LED Grow Lights for Plants consumption by region & country, CAGR, 2021-2032 & (K Units)
U.S. VS China: LED Grow Lights for Plants domestic production, consumption, key domestic manufacturers and share
Global LED Grow Lights for Plants production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)
Global LED Grow Lights for Plants production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
Global LED Grow Lights for Plants production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
This report profiles key players in the global LED Grow Lights for Plants market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Signify, GE Lighting, ams OSRAM, Cree LED, Gavita, Everlight Electronics, Lumileds, Kessil, Valoya, Heliospectra AB, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World LED Grow Lights for Plants market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global LED Grow Lights for Plants Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global LED Grow Lights for Plants Market, Segmentation by Type:
Non-Full Spectrum Light
Full Spectrum Light
Global LED Grow Lights for Plants Market, Segmentation by Application:
Vegetable
Fruit
Flowers
Others
Companies Profiled:
Signify
GE Lighting
ams OSRAM
Cree LED
Gavita
Everlight Electronics
Lumileds
Kessil
Valoya
Heliospectra AB
Senmatic
AIS LED Light
Yaham Lighting
Longood
Growray
California Lightworks
SANANBIO
Up-shine Lighting
Key Questions Answered:
1. How big is the global LED Grow Lights for Plants market?
2. What is the demand of the global LED Grow Lights for Plants market?
3. What is the year over year growth of the global LED Grow Lights for Plants market?
4. What is the production and production value of the global LED Grow Lights for Plants market?
5. Who are the key producers in the global LED Grow Lights for Plants market?
6. What are the growth factors driving the market demand?
LED grow lights are luminaires utilizing LED chips in a modern and efficient way to produce light for growing plants.
There are several LED grow light benefits that make them a more viable choice over traditional grow lights. Color variations of the LED grow lights are directly connected to the intended purpose – various studies have shown that certain colors influence plant growth, affecting root and flower formation (blue and red light spectra) which practically means that the majority of plant sorts will complete a normal growth cycle if exposed to both blue and red grow lights. Adding other colors to the spectrum, such as green, far-red and deep-blue aids this process by giving plants more information about its environment and overall resulting in higher quality plants (quicker growth, more secondary metabolite accumulation, etc).
North America is the largest consumption place, with a revenue market share nearly 36% in 2023. Following is Europe, which is the second largest consumption place with the revenue market share of 34%.
Market competition is intense. Signify, ams OSRAM, GE Lighting, Gavita, Lumileds, Everlight Electronics, SANANBIO, etc. are the leaders of the industry, with high-end customers. The top five manufacturers held 33% of the market, in terms of LED grow lights for plants revenue in 2023.
Market drivers
Intelligent upgrading of agricultural production: With the development of technologies such as the Internet of Things and big data, agricultural production is gradually moving towards intelligence. As part of smart agriculture, LED grow lights for plants are increasingly widely used.
Popularization of green environmental protection concepts: With the improvement of environmental awareness, people pay more and more attention to the production methods and quality of agricultural products. As an energy-saving and environmentally friendly lighting method, LED grow lights for plants are in line with the development trend of green agriculture.
Decline in LED technology costs: With the continuous advancement of LED technology and the increase in output, its cost has gradually decreased, making the price of LED grow lights for plants more affordable and the market demand continues to increase.
Market development trend
Intelligence: With the development of Internet of Things technology, LED grow lights for plants will achieve more intelligent control and management, and improve agricultural production efficiency.
Customization: Develop more targeted LED grow lights for plants for different types of plants and growth environments to meet personalized needs.
Standardization: Promote the formulation and implementation of industry standards, improve the versatility and interchangeability of products, and reduce the difficulty and cost of use.
This report studies the global LED Grow Lights for Plants production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for LED Grow Lights for Plants and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of LED Grow Lights for Plants that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global LED Grow Lights for Plants total production and demand, 2021-2032, (K Units)
Global LED Grow Lights for Plants total production value, 2021-2032, (USD Million)
Global LED Grow Lights for Plants production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)
Global LED Grow Lights for Plants consumption by region & country, CAGR, 2021-2032 & (K Units)
U.S. VS China: LED Grow Lights for Plants domestic production, consumption, key domestic manufacturers and share
Global LED Grow Lights for Plants production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)
Global LED Grow Lights for Plants production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
Global LED Grow Lights for Plants production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
This report profiles key players in the global LED Grow Lights for Plants market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Signify, GE Lighting, ams OSRAM, Cree LED, Gavita, Everlight Electronics, Lumileds, Kessil, Valoya, Heliospectra AB, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World LED Grow Lights for Plants market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global LED Grow Lights for Plants Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global LED Grow Lights for Plants Market, Segmentation by Type:
Non-Full Spectrum Light
Full Spectrum Light
Global LED Grow Lights for Plants Market, Segmentation by Application:
Vegetable
Fruit
Flowers
Others
Companies Profiled:
Signify
GE Lighting
ams OSRAM
Cree LED
Gavita
Everlight Electronics
Lumileds
Kessil
Valoya
Heliospectra AB
Senmatic
AIS LED Light
Yaham Lighting
Longood
Growray
California Lightworks
SANANBIO
Up-shine Lighting
Key Questions Answered:
1. How big is the global LED Grow Lights for Plants market?
2. What is the demand of the global LED Grow Lights for Plants market?
3. What is the year over year growth of the global LED Grow Lights for Plants market?
4. What is the production and production value of the global LED Grow Lights for Plants market?
5. Who are the key producers in the global LED Grow Lights for Plants market?
6. What are the growth factors driving the market demand?
Table of Contents
147 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Manufacturers Competitive Analysis
- 4 United States VS China VS Rest of the World
- 5 Market Analysis by Type
- 6 Market Analysis by Application
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
Pricing
Currency Rates
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