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HomeNewsLED Plant Lamp Market and Application Status

LED Plant Lamp Market and Application Status


From the perspective of market size, data shows that by 2021, the global Led Plant Lights system market is expected to exceed 2 billion U.S. dollars, of which Led Plant Lamps are 490 million U.S. dollars; GGII statistical analysis believes that China`s Samung Led Grow Lights system output scale in 2019 It will reach 7.6 billion yuan, an increase of 22% year-on-year, and the output value of LED lamps will reach 2.1 billion yuan, an increase of 23% year-on-year. By 2020, the output value of China's Spider LED Grow Light system will reach 9.5 billion yuan, and the output value of LED lamps will reach 28 100 million yuan.

In terms of the specialty plant market, the legalization of specialty plants in Canada and the US states, and the growing market is developing rapidly. There are 30 million legal consumers in Canada equivalent to 2.4 million pounds of annual consumption. Canada will need 656 ft2 of planting area to meet demand, with a spot index of $1,200 per pound. The LED output can be increased by 5%, and the energy consumption will be reduced. The investment in LED lamps can recover the cost within one year, but the LED lamps can be used for 5 years. In 2020, the cannabis LED Grow Lighting market in Canada and the United States will exceed $400 million.

Currently, there are four main types of Led Grow Light Bar sources on the market: LED lamps, fluorescent lamps, high-pressure sodium lamps, incandescent lamps and halogen lamps. Compared with traditional plant lighting fixtures, LED Grow Lamp Strips not only have the characteristics of energy saving, environmental protection, low overall heat generation, and high reliability, but also have the advantages of adjustable spectrum, light quantity, light quality, and light direction, allowing increased cultivation per unit area. In addition, the LED has a wide wavelength range [UVC (about 250nm) to infrared (about 1000nm)], and the half-wave peak of the wavelength is narrow.

1000w Quantumn Board Led Grow Light

We are looking forward wholesaler and distributor all over the world , welcome your inquiry ,please contact Ms.Kiki,thank you !

Shenzhen Zhenyang Century Technology Ltd.
Business Type:Manufacturer
Product Range:Grow Lights
Products/Service:LED Grow Light , Grow Light LED Strip , Grow Light 1000 Watt , Grow Light for Indoor Plants , Therapy Light , LED Panel Light
Certificate:ISO9001 , CB , CCC , EMC , ETL , FCC , REACH , RoHS , SSA , TUV , UL
Company Address:3F,XINGGUANG PARK,SHIHUAN ROAD,SHIYAN TOWN,BAOAN, Shenzhen, Guangdong, China

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