NEWS

Plant lighting leads the future agricultural revolution, plant lighting equipment is developing rapidly, and the future market is broad (1)

2022-08-10 10:13:28 lebekan 9

        In recent years, with the increasing global demand for fruits and vegetables, the gradually decreasing per capita arable land area, the growing demand for home gardening and the rapid development of modern facility agriculture, the popularity of new agricultural forms such as greenhouses and plant factories has accelerated. The demand for horticultural lighting continues to grow, and it has become a fast-growing sector in the field of plant lighting.


        Compared with traditional agricultural planting, plants grown by plant lighting are not affected by the natural environment and can receive more suitable light, nutrition and humidity, and can be continuously produced even in harsh conditions or disasters. At the same time, plant lighting can combine botany with the Internet of Things, optimize plant growth and development by controlling illuminance, photoperiod, spectral distribution, and light uniformity, and accurately control the plant cultivation process.

whatsapp ID:+13296622927

        Compared with traditional light sources, LEDs have the advantages of high photoelectric conversion efficiency and easy spectrum control and combination. With the mature development of LED technology, the penetration rate of global LED products has increased year by year, accounting for 60% of the horticultural lighting market in 2020. Quantuo data shows that in 2019, the global LED plant lighting equipment market scale increased from US$310 million in 2015 to US$1.22 billion, with a compound annual growth rate of 40.8%. It is expected that LED plant fill light equipment will be further applied to modern agricultural production in the future, and the market size will reach 5.70 billion US dollars by 2024.


        From the application field, the current plant fill light equipment is mainly used in greenhouses, vertical agriculture, plant factories and home gardening and other fields. Among them, plant supplementary light equipment is the most widely used in the field of commercial greenhouses. Quantuo data shows that in 2019, the global market size of plant supplementary lighting equipment used in the commercial greenhouse sector reached 2.51 billion US dollars, and it is expected to grow to 6.06 billion US dollars in 2024, with a compound annual growth rate of 21.4%.

whatsapp ID:+13296622927

        At present, the global LED plant lighting downstream application market is still mainly concentrated in Japan, the United States, the Netherlands and other countries. With the shortage of food demand in the future and the shortage of new generation labor, plant factories will be widely used. As of the end of 2020, the total number of artificial light plant factories in my country has exceeded 220, making it the second largest country in the development of plant factories after Japan. As an important link in the plant factory, the demand for light is beneficial to the development of the field of LED plant lighting. Quantuo data shows that in 2019, the global market size of plant lighting equipment used in the plant factory sector was US$240 million, and it is expected to grow to US$1.47 billion in 2024.