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Global Grow Lights for Agriculture: Forecasts to 2020 - LED grow light modules markets at $395 million in 2013 are anticipated to reach $3.6 billion by 2020


News provided by

Research and Markets

06 May, 2014, 13:09 GMT

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DUBLIN, May 6, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/5v9f32/grow_lights_for) has announced the addition of a new report "Grow Lights for Agriculture Market Shares, Strategies, and Forecasts, Worldwide, 2014 to 2020" to their offering.

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Worldwide markets are poised to achieve significant growth as the food supply for the world starts to adopt automated process. Grow lights have become more sophisticated and less expensive to run as solar and wind energy are adopted by greenhouses and plant factories. LED grow lights offer quality for growing, homogenous light distribution at precisely the right wavelengths.

LED grow lights are more powerful and efficient than the older generation high-pressure sodium and metal halide bulb grow lights. They lower the electricity bill and produce less heat. Less heat allows putting the light closer to plants, and they do not get burned. The quality of light is better for growing with LED specialized grow lights. LED specialized grow lights offer homogenous light distribution. Light distribution at precisely the right wavelengths is made possible. LED light sources offer light distribution for good photosynthetic response. Vendors are able to stimulate plant growth. Flora series LEDs provide accelerated photosynthesis and energy savings.

Food factories produce organic vegetables. This represents a next step in the application of automated process to everyday life. Automated process for farming provides immediate help for food stores. Plant factories support farming practices that are not dependent on the climate. Food factories produce organic vegetables 24 hours a day. With the land available for farming depleting quickly, new types of farming are evolving.

A plant factory allows the growing of vegetables indoors all year round using LED lights that minimize power consumption. It is a system that artificially creates the environment necessary for plants to grow by controlling the amount of culture solution, air, and light from light-emitting diodes (LED). Because the amount of light, temperature, humidity, and carbon dioxide (CO2) concentration levels can be optimized without being affected by the weather, the growth rate of vegetables is two to four times faster than those grown in open-air fields, and yields are ten to twenty times higher.

Visible natural light has a spectrum different from grow lights. Visible light is measured by lux or energy. Plant factory grow lights are different. Grow lights provide artificial light used for plant growth. The spectrum of growth lights is tuned to the plant growing task. Plant light has photons from the blue and red (400 and 700 nm) part of the spectrum. This is called growth light with different spectrums good for different parts of the plant growth process.

Key Topics Covered:

LED Grow Light Market Description and Market Dynamics

LED Grow Lights Market Shares and Forecasts

LED Grow Light Product Description

LED Grow Light Technology

LED Grow Light Company Profiles

Companies Mentioned:

Market Leaders

  • Everlight Electronics
  • Iwasaki EYE Hortilux
  • LEDHydroponics
  • Nihon Advanced Agri
  • Shenzhen Sanxinbao Semiconductor Lighting

Market Participants

  • Advanced Lighting Technologies
  • Black Dog LED
  • Daystar
  • Delta Group
  • Everlight Electronics
  • General Electric (GE)
  • General Hydroponics
  • Genesis Photonics (GPI)
  • Grodan Rockwool Grow Blocks
  • Hon Hai
  • Hon Hai Precision Industry Ltd / Foxconn
  • Hydrofarm
  • Iwasaki Electric
  • Iwasaki EYE Hortilux
  • Nihon Advanced Agri
  • Ozu Corporation
  • Philips Horticulture Lamps
  • Ringdale ActiveLED
  • Rockwool Group
  • Siemens
  • Siemens / Radium
  • SolarMax
  • Sun System
  • Sunleaves Garden
  • Sunlight Supply
  • Taiwan Floriculture Exports Association
  • USALight

For more information visit http://www.researchandmarkets.com/research/5v9f32/grow_lights_for

Media Contact: Laura Wood, +353-1-481-1716, press@researchandmarkets.net

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