2018 plant lighting market reached 6.2 billion

LED plant lighting is the product of multidisciplinary and organic combination development of biology, bio-environmental engineering, LED lighting, and intelligent control technology. Since 2013, the output value of global LED application plant lighting has begun to show rapid growth. As an emerging market, plant lighting has attracted a large number of international giants.

According to data from the High-Tech Research Institute LED Research Institute (GGII), the global plant lighting market in 2017 was 4.6 billion yuan, a year-on-year increase of 62%. As domestic and international LED giants and e-commerce giants are actively deploying LED plant lighting factories, plant lighting will usher in rapid development. GGII expects that the global LED plant lighting system market size and plant lighting market will reach 6.2 billion yuan and 1.7 billion yuan in 2018.

As a new emerging market in the post-lighting market, plant lighting is not competitive due to its high technical threshold. Moreover, the plant lighting market is currently in the cultivation stage, and there is still a large room for development in the future. Therefore, plant lighting is considered to be a big niche market for the LED industry, and vertical enterprises are competing for layout.

As a global lighting industry leader, Yannuofei has achieved good results in the field of LED plant lighting. A few days ago, Yannuo also assisted the expansion of Russian fresh vegetable growing company Agro-Inwest. In 2017, Zenofei and Agro-Inwest launched the world's largest LED horticultural lighting project. The scale of the project demonstrates the leadership of Zenofei in the field of horticultural lighting.

OSRAM is also a leader in the plant lighting industry. Through continuous acquisition of international high-quality related assets and its own advantages in the field of light source, OSRAM is attempting to create a “Big Mac” in the field of plant lighting. A few days ago, OSRAM provided the United States National Aeronautics and Space Administration (NASA) with a number of specially designed interconnected plant lighting research systems Phytofy RL. This can reflect the absolute advantage of OSRAM in this field.

Of course, including Samsung, Cree, etc. are also actively deployed, and launched the corresponding systems and products. Aside from these international giants, we focus on the domestic market. As a country with the relatively mature development of the plant lighting industry chain, what are the enterprises in the layout?

Sanan Optoelectronics is a “squatter” in the field of plant lighting in China. In 2016, it has built a plant of 60,000 square meters and plans to build a plant with an area of 500,000 square meters in the future. This plant factory combines the leading LED spectroscopy technology of Sanan Optoelectronics with the scientific research achievements of the Chinese Academy of Sciences in the field of botany.