Global LED Grow Light Module Markets are Forecast to Reach $1.8 Billion by 2021

Date: 2015-09-15

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.

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. 

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.

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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