LED Grow Light and Hydroponic Greenhouse Automation Market: By Spectrum, By Range, Medium Power, High Power ), By Application, and Geography  

LED Grow Light and Hydroponic Greenhouse Automation Market Size, Share, Growth, Trends, and Global Industry Analysis: By Spectrum (Full Spectrum, Partial Spectrum), By Range (Low Power (0-100 Watts), Medium Power (100 Watts-300 Watts), High Power (More than 300 Watts)), By Application (Indoor Farming, Landscape & Turf, Commercial Greenhouse, Vertical Farming), and Region  

LED Grow Light and Hydroponic Greenhouse Automation Market was valued US$ 681.3 million in 2022 and poised to grow at significant CAGR 22.7% from 2023-2029. The major factors driving the growth of market include due to increase in adoption of indoor farming in developed and developing countries, rise in demand for quality and organic food products, government initiations to raise the awareness about smart agriculture across the farmers, increase in the demand for LED grow lights over traditional LED lights, and development of technologically advanced LED grow lights are anticipated to surge the market over the forecast timeframe. However, high cost for the installation and maintenance and lack of awareness about the hydroponic greenhouse farming in underdeveloped countries. In addition, the report includes crop demographics regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global LED grow light and hydroponic greenhouse automation market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global report include suppliers, manufacturers, marketers, policy makers, and agriculture service providers engaged in global turf & ornamental crop protection products.

Led Grow Light And Hydroponic Greenhouse Automation Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

22.7%

Largest Market

North America

Fastest Growing Market

Asia Pacific

LED Grow Light and Hydroponic Greenhouse Automation Market Dynamics

Increase in the demand for hydroponic greenhouse automation due to wide range of advantages is a major factor surge the growth of market over the forecast years. The major advantages with the technique include reduces the labor force and decrease the errors in feed formula mixing, limiting the water and fertilizer usage, effective use of nutrients, and better growth rate due to less weeds. Moreover, rise in demand for organic food farming also boost the growth of market over the forecast timeframe

Led Grow Light And Hydroponic Greenhouse Automation Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2022

US$ 681.3 million

Market CAGR

22.7%

By Spectrum

  • Full
  • Partial

By Range

  • Low Power (0-100 Watts)
  • Medium Power (100 Watts-300 Watts)
  • High Power (More than 300 Watts)

By Application

By Region

North America

  • US
  • Canada

Europe

  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe

Asia-Pacific

  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America

Middle East and Africa (MEA)

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

Key Features of the Report

  • The LED grow light and hydroponic greenhouse automation market report provides granular level information about the market size, regional market share, historic market (2018-2022), and forecast (2023-2029)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

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Frequently Asked Questions

The LED grow light and hydroponic greenhouse automation market size was valued at US$ 681.3 million in 2022.

The key segments covered in the restless leg’s syndrome market are technology, components, application, and end-users.

The LED grow light and hydroponic greenhouse automation market key players are Heliospectra, Lumigrow, Nexus Corporation, Greentech Agro LLC, Netafim, International Greenhouse Company, Argus Control Systems, Prospera Technologies, Pure Harvest, Rough Brothers, Everlight Electronics Co. Ltd, Osram Licht AG, Illumitex Inc, Certhon, Epistar Corp, Motorleaf, Grow LED Hydro

Author image

Author

Manoj Kumar

Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of anima.....

1.Executive Summary
2.Global LED Grow Light and Hydroponic Greenhouse Automation Market Introduction 
2.1.Global LED Grow Light and Hydroponic Greenhouse Automation Market  - Taxonomy
2.2.Global LED Grow Light and Hydroponic Greenhouse Automation Market  - Definitions
2.2.1.Spectrum
2.2.2.Range
2.2.3.Application
2.2.4.Region
3.Global LED Grow Light and Hydroponic Greenhouse Automation Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global LED Grow Light and Hydroponic Greenhouse Automation Market Analysis, 2018 - 2022 and Forecast 2023 - 2029
4.1.  Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global LED Grow Light and Hydroponic Greenhouse Automation Market  By Spectrum, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
5.1. Full
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Partial
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
6.Global LED Grow Light and Hydroponic Greenhouse Automation Market  By Range, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
6.1. Low Power (0-100 Watts)
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Medium Power (100 Watts-300 Watts)
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. High Power (More than 300 Watts)
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
7.Global LED Grow Light and Hydroponic Greenhouse Automation Market  By Application, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
7.1. Indoor Farming
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Landscape & Turf
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Commercial Greenhouse
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Vertical Farming
7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
8.Global LED Grow Light and Hydroponic Greenhouse Automation Market  By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9.North America LED Grow Light and Hydroponic Greenhouse Automation Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
9.1. Spectrum Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Full
9.1.2.Partial
9.2.  Range Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Low Power (0-100 Watts)
9.2.2.Medium Power (100 Watts-300 Watts)
9.2.3.High Power (More than 300 Watts)
9.3.  Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Indoor Farming
9.3.2.Landscape & Turf
9.3.3.Commercial Greenhouse
9.3.4.Vertical Farming
9.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10.Europe LED Grow Light and Hydroponic Greenhouse Automation Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
10.1. Spectrum Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Full
10.1.2.Partial
10.2.  Range Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Low Power (0-100 Watts)
10.2.2.Medium Power (100 Watts-300 Watts)
10.2.3.High Power (More than 300 Watts)
10.3.  Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Indoor Farming
10.3.2.Landscape & Turf
10.3.3.Commercial Greenhouse
10.3.4.Vertical Farming
10.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
10.4.6.Rest of EU
11.Asia Pacific (APAC) LED Grow Light and Hydroponic Greenhouse Automation Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
11.1. Spectrum Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Full
11.1.2.Partial
11.2.  Range Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Low Power (0-100 Watts)
11.2.2.Medium Power (100 Watts-300 Watts)
11.2.3.High Power (More than 300 Watts)
11.3.  Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Indoor Farming
11.3.2.Landscape & Turf
11.3.3.Commercial Greenhouse
11.3.4.Vertical Farming
11.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12.Middle East and Africa (MEA) LED Grow Light and Hydroponic Greenhouse Automation Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
12.1. Spectrum Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Full
12.1.2.Partial
12.2.  Range Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Low Power (0-100 Watts)
12.2.2.Medium Power (100 Watts-300 Watts)
12.2.3.High Power (More than 300 Watts)
12.3.  Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Indoor Farming
12.3.2.Landscape & Turf
12.3.3.Commercial Greenhouse
12.3.4.Vertical Farming
12.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13.Latin America LED Grow Light and Hydroponic Greenhouse Automation Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
13.1. Spectrum Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Full
13.1.2.Partial
13.2.  Range Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Low Power (0-100 Watts)
13.2.2.Medium Power (100 Watts-300 Watts)
13.2.3.High Power (More than 300 Watts)
13.3.  Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Indoor Farming
13.3.2.Landscape & Turf
13.3.3.Commercial Greenhouse
13.3.4.Vertical Farming
13.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Heliospectra
14.2.2.Lumigrow
14.2.3.Nexus Corporation
14.2.4.Greentech Agro LLC
14.2.5.Netafim
14.2.6.International Greenhouse Company
14.2.7.Argus Control Systems
14.2.8.Prospera Technologies
14.2.9.Pure Harvest
14.2.10.Rough Brothers
14.2.11.Everlight Electronics Co. Ltd
14.2.12.Osram Licht AG
14.2.13.Illumitex Inc
14.2.14.Certhon
14.2.15.Epistar Corp
14.2.16.Motorleaf
14.2.17.Grow LED Hydro
15. Research Methodology 
16. Appendix and Abbreviations 

Key Market Players

  • Heliospectra
  • Lumigrow
  • Nexus Corporation
  • Greentech Agro LLC
  • Netafim
  • International Greenhouse Company
  • Argus Control Systems
  • Prospera Technologies
  • Pure Harvest
  • Rough Brothers
  • Everlight Electronics Co. Ltd
  • Osram Licht AG
  • Illumitex Inc
  • Certhon
  • Epistar Corp
  • Motorleaf
  • Grow LED Hydro

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