LED agricultural lighting market will start

Agricultural lighting has three main application areas: plant lighting, animal husbandry lighting, and aqua lighting. LED agricultural lighting products have obvious advantages compared to traditional agricultural lighting products such as high efficiency, energy saving, and specific wavelengths required for animal and plant needs. The development of space.

According to experts from Japan Co., Ltd., it is estimated that in 2017 the global LED plant growth lamp is expected to be about 300 million U.S. dollars, and the Chinese plant factory is expected to reach the scale of more than 10 times that of the Japanese plant factory in the future. In addition, there is a huge demand for lighting fixtures, nursery (species) cultures, edible fungi, microalgae, facilities for livestock and aquaculture and vertical agriculture lamps.

From the perspective of business models, LED agricultural lighting has begun to appear some of the more mature cases. LED products have certain advantages in reducing electricity usage, lowering operating costs, and increasing production. The LED greenhouse light has entered the stage of R&D, pilot and promotion, LED plant tissue culture has achieved large-scale application, and experimental research on livestock and poultry breeding and aquaculture has also achieved good results. International manufacturers Philips, Osram, Mitsubishi, GE, and Siemens have all been involved in plant factories. LED lighting companies in China are mainly engaged in plant lighting products such as Nanjing Henderson, Zhejiang Jingri Lighting, Hangzhou Hanhui, Jiangsu Wenrun, Shenzhen Westley, Dongguan Biolight Environment, Beijing Zhonghuan Yida, etc.

The latest report from market research firm Navigant Research also pointed out that LED is expected to occupy 50% of the market share of the plant lighting market in 2017 at the earliest. Therefore, it is expected that the LED agricultural lighting market will start this year. In the next few years, as the business model matures, it will gradually enter the growth period.