The LED Grow Light Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the LED Grow Light Market?
The market size of the LED grow light sector has seen a significant increase in the past few years. There was an expansion from $3.86 billion in 2024 to $4.84 billion in 2025, showing a compound annual growth rate (CAGR) of 25.3%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the LED Grow Light Industry?
By 2029, the LED grow light market is forecasted to reach a value of $12.66 billion, expanding at a compound annual growth rate (CAGR) of 27.2%.
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What are the Key Growth Drivers Fueling the LED Grow Light Market?
The key drivers in the led grow light market are:
• Rising consumer awareness and demand for LED grow lights
• Emergence of new crops requiring controlled environment
• Increase in research and development investments within the sector
• Shift towards sustainable agriculture and expansion of indoor farming
Global Market Segmentation: Identifying Major LED Grow Light Industry Segments
The LED grow light market covered in this report is segmented –
1) By Spectrum: Narrow, Broad
2) By Wattage: Low Power (<100 W), Medium Power (100–300 W), High Power (>300 W)
3) By Installation Type: New Installation, Retrofit
4) By Application: Indoor Farming, Commercial Greenhouse, Vertical Farming, Turf And Landscaping, Research, Other Applications
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What are the Emerging Trends Shaping the Future of the LED Grow Light Market?
The key trends in the led grow light market are:
• Market diversification is a prominent emerging trend in the LED grow light industry.
• The development of modular and flexible designs is increasingly shaping the market.
• Efficiency improvements through technological advancements are gaining momentum.
• The implementation of smart lighting solutions and the rise of urban agriculture and vertical farming are major trends.
Who Are the Top Competitors & Leading Players in the LED Grow Light Market?
Major companies in the led grow light market are:
• Illumitex Inc.
• LumiGrow Inc.
• Heliospectra AB
• Bridgelux Inc.
• General Electric Company
• Samsung Electronics Co Ltd.
• Senmatic A/S
• Shenzhen Grow LED Technology Co. Ltd.
• Signify NV
• Valoya Ltd.
• Violet Gro Inc.
• Cidly Co Ltd.
• Kessil Lighting
• Kind LED Grow Lights
• LED Hydroponic Ltd.
• Sollum Technologies
• Urban Crop Solutions
• Light Science Technologies Ltd.
• Light Extraction
• Gavita International B.V.
• Vivosun
• ams-OSRAM AG
• California LightWorks
• EYE Hortilux
• Hortilux Schréder
• Koninklijke Philips N.V.
• Crecer Lighting
• Mars Hydro
• Darkless
Regional Dominance: Which Area Leads the Global Template Market?
Asia-Pacific was the largest region in the LED grow light market in 2024
