Thursday 23 February 2017

LED Grow Light Module Markets At $395 Million In 2014 Are Forecast To Reach $1.8 Billion By 2021

Researchmoz added Most up-to-date research on "LED Agricultural Grow Lights: Market Shares, Strategy, and Forecasts, Worldwide, 2015 to 2021" to its huge collection of research reports.

The 2015 study has 596 pages, 163 tables and figures.  Worldwide markets for LED Agricultural Grow Lights are growing as units support more efficient indoor growing.  The LEDs are less costly than alternatives and save significantly on electricity costs.  Rapid adoption of LED lighting in general is occurring.  Rapid adoption of LED grow lights worldwide is occurring as systems provide peak growing efficiently.

LED grow lights are more powerful and efficient than the older generation high-pressure sodium and metal halide bulb grow lights.  They lower the electricity bill and produce less heat.  Less heat allows putting the light closer to plants, the plants do not get burned.

Next-generation LED grow lights deliver dramatic power savings and unmatched product reliability.  LED grow lights are shifting as illustrated by the new Everlight GL-Flora LED lighting fixtures for agriculture.  They offer low power, high-efficiency, uniform light pattern, homogenous light distribution at precisely the right wavelengths and color ratios needed for superior photosynthetic response.

LED grow lights are different.  Grow lights provide artificial light used for plant growth.  The spectrum of growth lights is tuned to the plant growing task.  Plant light has photons from the blue to red (400–700 nm) part of the spectrum.  This is called growth light.  Horticulture lamps address the role of light in the growth and development of plants.  Plant growth is a function of photosynthesis.

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The plant growth lights work in three different ways:

- To provide all the light a plant needs to grow
- To supplement sunlight, especially in winter months when daylight hours are short
- To increase the length of the "day" in order to trigger specific growth and flowering

LED grow lights use growth light to automate and control growing.  The ability to grow food consistently, locally represents a major breakthrough for humanity.  Growth lights permit people to grow food in warehouses and in the home, dedicating unused space in a manner that is efficient for producing food.

Taking cost of transportation out of the food chain is a breakthrough of major proportions.  The ability to make fresh, sanitary food available consistently presents a major shift in how people live and achieve quality of life.  Growth lights increase the density of food production by a factor of ten.  This is significant.

In some places, like Japan, where there is a deficiency in the environment, plant factories will continue to proliferate and to use LED grow lights as large warehouse type entities that provide food for the general public and for people who need specialized nutrition.

According to Susan Eustis, the lead author of the team that created the study, “Solid state electronics brings the same advantages to agriculture as it has brought to all other industry segments it touches.  Growers are finding that they can achieve a rapid return on investment from substantially decreasing the energy costs associated with using grow lights, lengthening the growing season, eliminating chemical contaminants in the food supply, and significantly decreasing transportation costs for food production.”

As more people become more health conscious and try to avoid the deleterious effects of pesticides in their food grow lights are anticipated to find more and larger markets among greenhouse operators.  The large warehouse size plant factories are expected to concentrate on raising seedlings.

LED grow light module markets at $395 million in 2014 are forecast to reach $1.8 billion by 2021.   Rapid growth is anticipated as green house and plant factory growers find the LED grow lights improve agriculture.

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WinterGreen Research supports various market segment programs; provides trusted technical services to the marketing departments.  It carries out accurate market share and forecast analysis services for a range of commercial and government customers globally.  These are all vital market research support solutions requiring trust and integrity.

WinterGreen Research is an independent research organization funded by the sale of market research studies all over the world and by the implementation of ROI models that are used to calculate the total cost of ownership of equipment, services, and software.  The company has 35 distributors worldwide, including Global Information Info Shop, Market Research.com, Research and Markets, Bloomberg, electronics.ca, and Thompson Financial. 

Companies Profiled

Market Leaders

- Illumitex
- Everlight Electronics
- Opto-LED Technology
- Syhdee
- Epistar
- Philips
- GE
- Sanxinbao Semiconductor
- Valoya
- LumiGrow
- Market Participants
- Advanced Lighting Technologies
- Black Dog LED
- Conviron
- Daystar
- Dalsem Group
- Delta Group
- Iwasaki EYE Hortilux
- Epistar
- Everlight Electronics
- General Electric (GE)
- General Hydroponics
- Gl Flora
- Genesis Photonics (GPI)
- Hon Hai
- Hon Hai Precision Industry Ltd / Foxconn
- Fujitsu
- General Hydroponics
- Genesis Photonics (GPI)
- Grow Northern
- GrowBlu
- GYLED Grille LED Lights
- Hydrofarm
- Hon Hai
- Hydrofarm
- Hydroponics Equipment And High-Intensity Grow Lights
- Hydrofarm AgroSun Gold Halide
- Iwasaki Electric
- Iwasaki EYE Hortilux™
- LEDengine
- LEDsense Technologies / Solid Apollo LED Lighting
- LumiGrow
- Nihon Advanced Agri
- Novagant
- Opto-LED Technology
- Ozu Corporation
- Philips Horticulture Lamps

Key Topics

- Grow Lights
- LED Grow Lights
- Grow Lights LED
- High Output :LED Grow Lights
- Plants
- Super LED grow lights
- Blue led lights
- led hydroponic grow lights
- plant lights
- LED grow bulbs
- 300w Tri Band Led Grow Light
- Tri Band LED Grow Light
- Tri Band LED Grow Light For Tomatos Year Round
- Moving Light
- Plant Factory
- CEA
- Phalaenopsis
- Cermaic Metal Halide System
- High Pressure Sodium (HPS) System
- Plant Technology Advances
- Plant Factory Growing
- Plant Factory Server Controls
- Light Farming
- Green Flooring
- Vegetation
- Safe Food
- Organic Vegetables
- Plant Factory Vegetables
- Plant Factories
- Lumigrow LED Grow Light
- Led Growing Light 2015
- Reflector LED Grow Lights
- Dimmable F2 60x3w
- LED Grow Lamp Dimmable
- Led Grow Light
- Full Spectrum Led Grow Light
- Grow Light Led
- 600w Led Grow Light
- Grow Light Plantations

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