led agricultural grow lights: market shares, strategy, and forecasts, worldwide, 2015 to 2021
TRANSCRIPT
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LED Agricultural Grow Lights:
Market Shares, Strategy, and
Forecasts, Worldwide,
2015 to 2021
Category : Agricultural Equipment
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Introduction to Report
Launch Date: March 27, 2015
Number of Pages: 596
Geography Coverage: Global
Available Format: PDF
Price For Single User License: USD 4,000
Price For Global User License: USD 8,000
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About the Report
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.
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Key Highlights:
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.
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.
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Key Highlights Continues… 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.
According to research analyst, "Plant factories and plant factory appliances use grow lights to automate and control shifts in technology that makes indoor farming possible.
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Grow Lights Market Driving Forces:
Demand for ability to grow food consistently
Demand for ability to grow food locally
Can grow food in warehouses
Can grow food in the home
Dedicating space that is efficient for producing food
Fresh, sanitary food available consistently
Food factories
Ability to produce organic vegetables
Ability to produce vegetables 24 hours a day
Land available for farming depleting quickly
New types of farming are evolving
Growing of vegetables indoors all year round
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Report Coverage:
1. LED Grow Lights Market Executive Summary
2. LED Grow Light Market Description And Market Dynamics
3. LED Grow Lights Market Shares And Forecasts
4. LED Grow Light Product Description
5. LED Grow Light Technology
6. Grow Light Company Profiles
For more details regarding Report coverage see the last slide
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Company Coverage (Partial List)
1. Illumitex2. Everlight Electronics3. Opto-LED Technology4. Syhdee5. Epistar6. Philips7. GE8. Sanxinbao Semiconductor9. Valoya10. LumiGrow
For more details regarding company coverage and TOC see the last slide
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