Horticultural LED Lighting is composed of light-emitting diodes, usually in a casing with a heat sink and built-in fans. Horticultural LED Lights do not usually require separate ballast and can be plugged directly into a standard electrical socket. Horticultural LED Lighting can act as daylight in the absence of sunlight, so that plants can be normal or better growth and development. Horticultural LED Lights have strong roots, encourage, adjust the flowering, color, to promote fruit ripening, color, and enhance the taste and quality of the role.
Philips, General Electric and Osram are the leading players in gardening LED lighting, which together account for about 30% of the market.
Europe and North America are the major markets, each accounting for about 35% of the market.

Market Analysis and Insights: Global Horticultural LED Lighting Market
In 2020, the global Horticultural LED Lighting market size was US$ 937.6 million and it is expected to reach US$ 1952 million by the end of 2027, with a CAGR of 13.0% during 2021-2027.
Global Horticultural LED Lighting Scope and Market Size
Horticultural LED Lighting market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Horticultural LED Lighting market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.

Segment by Type, the Horticultural LED Lighting market is segmented into
Low Power (＜300W)
High Power (≥300W)

Segment by Application, the Horticultural LED Lighting market is segmented into
Commercial Greenhouse
Indoor and Vertical Farming
R&D

Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Competitive Landscape and Horticultural LED Lighting Market Share Analysis
Horticultural LED Lighting market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Horticultural LED Lighting product introduction, recent developments, Horticultural LED Lighting sales by region, type, application and by sales channel.

The major companies include:
Philips
Osram
Everlight Electronics
Hubbell Lighting
Cree
General Electric
Gavita
Kessil
Fionia Lighting
Illumitex
Lumigrow
Valoya
Cidly
Heliospectra AB
Ohmax Optoelectronic