The application field of LED plant lights continue to expand

LED plant light is an artificial light source that uses LED (Light Emitting Diode) as the illuminant to meet the lighting conditions required for plant photosynthesis. LED plant light belongs to the third generation of plant fill light fixtures, and its light source is mainly composed of red and blue light sources. LED grow lights have the advantages of shortening plant growth cycle, long life, and high light efficiency, and are widely used in plant tissue culture, plant factories, algae cultivation, flower cultivation, vertical farms, commercial greenhouses, cannabis cultivation and other fields. In recent years, with the improvement of lighting technology, the application field of LED plant lights has gradually expanded, and the market scale has continued to expand.

The application field of LED plant lights continues to expand

According to the "2022-2026 China LED Plant Lighting Industry Comprehensive Market Research and Investment Analysis Report" released by the Xinsijie Industry Research Center, in the modernization construction, LED plant lights are indispensable products in the agricultural field. With the acceleration of agricultural modernization, the LED plant light market has gradually expanded, reaching a market revenue of US$1.06 billion in 2020 and is expected to grow to US$3.00 billion in 2026. Overall, the LED plant light industry has broad prospects for development.

In the past two years, the global LED plant light market has been booming, and the entire LED plant light industry chain from chips, packaging, control systems, modules, lamps, power supplies, etc., has been booming in production and sales. Attracted by the market prospects, more and more companies are deploying in this market. In overseas markets, LED plant lamp related companies include Osram, Philips, Japan Showa, Japan's Panasonic, Mitsubishi Chemical, Inventel and so on.

my country's LED plant light related companies include Zhongke Sanan, Sanan Optoelectronics, Epistar, Everlight Electronics, Huacan Optoelectronics, etc. In the domestic market, the LED plant light industry has formed a certain industrial cluster in the Pearl River Delta, Yangtze River Delta and other regions, among which the number of LED plant light enterprises in the Pearl River Delta is the highest, accounting for about 60% of the country. At this stage, my country's plant lighting market is in a stage of rapid development. With the increase in the number of layout companies, the LED plant lighting market has great potential for development.

At present, modern facility agriculture such as global plant factories and vertical farms is in the climax of construction, of which more than 200 domestic plant factories have been built. In terms of crops, the current demand for LED plant lights for hemp cultivation in the United States is relatively high, but with the expansion of application fields, the demand for LED plant lights for ornamental crops such as vegetables, fruits, and flowers is rising. In the long run, the modernization of agricultural facilities, the expansion of application fields, and the upgrade of LED technology will inject strong impetus into the development of the LED plant light market.

Industry analysts from Xinsijie said that at this stage, the global LED plant lamp market is booming, and the number of layout companies is increasing. my country is a major agricultural country in the world. With the modernization and intelligent development of agriculture and the accelerated construction of plant factories, the plant lighting market has entered a stage of rapid development. LED plant lights are one of the subdivisions of plant lighting, and the future market development prospects are good.

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