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LED plant lighting market

At present, agricultural lighting is applied to microalgae cultivation of microbes, cultivation of edible fungi, poultry farming, aquaculture, conservation of crustaceans, and the most widely used plant cultivation, and there are more and more types of applications. In particular, plant lighting has entered a stage of rapid development after the introduction of plant plant technology.


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First, the type of plant lighting

At present, the types of plant lighting mainly include incandescent lamps, halogen lamps, fluorescent lamps, high pressure sodium lamps, and LED lamps. LED has obvious advantages in plant lighting because of its high luminous efficiency, low heat generation, small size and long life. Plant lighting will also be dominated by LED lighting. According to a report released by Zhiyan Consulting, it is estimated that the scale of LED growth lamps will account for 61% of the plant lamp market in 2020.


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Second, LED plant lighting market status and development trend

At present, the plant lighting market is mainly concentrated in the Middle East, the United States, Japan, China, Canada, the Netherlands, Vietnam, Russia, South Korea and other regions. Since 2013, the global LED plant lighting market has entered a period of rapid development. According to LEDinside statistics, the global LED plant lighting market in 2014 was 100 million US dollars. In 2016, the market size was 575 million US dollars. It is estimated that it will grow to 1.424 billion US dollars by 2020, and the average annual compound growth rate will exceed 30%. . According to the research and statistics of Zhiyan Consulting Group, the scale of the plant lamp market in the global plant factory is developing rapidly, and it is predicted that the scale will reach 19.12 million square meters by 2020.

The plant lighting market has broad prospects and is favored by more and more enterprises. According to incomplete statistics, in 2017, many companies have made new developments in the plant lighting market.


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Third, plant lighting applications

In the field of plant lighting, it is one of the fields of agricultural lighting that has developed rapidly in recent years. Light mainly plays a role in plant growth and development from two aspects. First, as energy, participate in plant photosynthesis, promote plant energy accumulation, and secondly, as a signal to regulate plant growth and development, such as germination, flowering, stem growth . From this perspective, plant lighting can be divided into growth lighting and signal lighting, while growth lighting from artificial light can be divided into full artificial light growth and fill light; signal lighting can also be divided into Germination lamps, flowering lights, coloring lights, etc. From the field of application, the field of plant lighting currently has seedlings (including group seedlings and seed nursery), horticultural landscapes, plant factories, greenhouse cultivation and so on.