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The Status Quo and Prospect Analysis of LED Plant Grow Lights

Oct. 01, 2020

The development status of LED plant light market

Plant lighting, which has long been popular in Japan and South Korea, has recently begun to attract attention in China. The sales markets of LED Plant Lights are concentrated in Japan, South Korea, China and the United States, Europe and other countries and regions with fewer agricultural personnel.

However, with the increase in the penetration rate of LED Plant Growth Lamps, the Chinese market has entered an explosive period. According to the survey, the global output value of LED plant grow lights has shown rapid growth since 2013. Although the output value is only tens of millions of dollars, it is estimated to exceed 35 million dollars in 2014, and it is expected to challenge 300 million dollars in 2017.

The plant factory originated in Denmark in 1957 due to insufficient sunlight to hinder the growth and development of plants. Later, Japan, the United States, and the Netherlands have successively invested in them. However, due to factors such as high costs, insufficient technology and poor experience, they caused poor management. The effect is getting more and more serious before it gets attention from all walks of life again. Another reason for the popularity of plant factories is that the global construction industry is eager to seek new development through investment in agriculture due to the economic downturn and the decline in public construction projects.

LED Plant Lights

LED Plant Lights

LED plant light market prospects

Not long ago, Taga City, Miyagi Prefecture, Japan, publicly displayed the world's largest artificial light LED plant factory to the media. The factory named Mirai Hata covers an area of approximately 2,300 square meters, uses 17,500 LED lighting, can be produced throughout the year, and is expected to harvest about 10,000 lettuce every day. Not long ago, Fujitsu also announced that after about a year of preparation, low-potassium lettuce produced by its own plant factory has begun to be put on the market.

Japan is the country with the fastest development of plant factories. The government of this country took the lead in proposing a subsidy policy for plant factories in 2009, which caused the market demand for LED lighting in this field. According to statistics, the demand for LED panel lighting in plant factories in Japan was 1,000 units in 2009. In 2011, it rushed to 8,850 units due to the 311 earthquake. Although it declined back to 2,500 units last year, PIDA believes that the demand in the Japanese market will increase year by year. It is estimated that it will reach 3,200 units this year and 9,000 units in 2015. , To see 18,000 units in 2020.

Taiwan has also begun to smell the business opportunities of plant factories, and many LED companies have already begun to enter the market in this field. In addition to Jingdian and Everlight, there are also Canyuan, Guangding, Hongqi, Guanghong, New Century, Dongbei, etc. Since last year, the Council for Economic Development and Planning also wanted to support plant factories through channels to promote the revitalization of Taiwan’s agriculture.

In the past, the cost of LED lighting remained high, and plant factories often used fluorescent tubes or high-pressure sodium lamps. With the decline in LED prices and the improvement of technology, a new wave of progress has been made in the application of LEDs in LED Plant Growth Light Suppliers. At present, there are not many manufacturers of LED plant lights in China, and most of them are concentrated in Shenzhen.

At present, the sales market of LED plant lights is also concentrated in countries and regions with fewer agricultural personnel such as Japan, South Korea, China and the United States, and Europe.