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LED growth lamp growth space is huge.

May 20, 2017

Recently learned from foreign media reports, according to market research firm Technavio latest research results show that by 2020, the global plant growth lamp market value will exceed 30 billion US dollars, 2016 to 2020 will be 12% compound annual growth Rate increase.

The report will be the global plant growth lamp market is divided into four categories, mainly fluorescent lamp growth lamp, LED growth lamp, high pressure sodium (HPS) growth lamp, incandescent lamp and halogen lamp growth lamp.

Global fluorescent lamp growth lamp market

By 2020, the global fluorescent lamp growth lamp market is expected to reach 1 billion US dollars, such products are popular with home gardener. Standard fluorescent lamps are usually used for seed germination, but the efficiency is not high, in order to overcome the lack of standard fluorescent lamps, advanced technology will work together to create high production and efficient fluorescent lamps. Compared with the standard fluorescent lamps, the newly developed fluorescent light is stronger but lower temperature, such products are more effective than incandescent and cost-effective.

LED vegetable light .jpg

In addition, the fluorescent lamp stand will be lighter, easier to install, the user is more convenient to use, but also at any time to replace the lamp.

Global LED growth lamp market

By 2020, the global LED growth lamp market will reach 1.9 billion US dollars, the compound annual growth rate of more than 25%. LED growth lamp market is relatively new, technology has been in development, continue to introduce more efficient products. LED life than ordinary energy-saving lamps 10 times longer and far more than ordinary incandescent. Although such lamps are more expensive, they are more efficient because they do not require frequent replacement, while also saving electricity costs. LED lights life of up to 11 years, compared with other lamps, LED fever less, so to avoid the cost of expensive and complex cooling system. The use of other lamps requires a cooling system because the temperature is too high to damage the plant tissue cells.

As the LED more advantages, global researchers are focused on promoting LED growth lamp research 

and development, the market will be further growth.

Global high pressure sodium lamp growth lamp market

By 2020, the global market for high pressure sodium lamp growth is expected to reach $ 157 million. The orange and red light emitted by the high pressure sodium lamp allows the flowers to be produced, and the results are ripened, and they can give the greenhouse enough lighting. The advantage of high pressure sodium lamp is a wide range of radiation, and high pressure sodium lamp should not be too close to the plant, because it will produce a lot of heat. But the winter greenhouse does need more heat. High pressure sodium lamp with a long time after irradiation will become weak, you need to replace. The average life expectancy of such lamps is 18,000 hours.

According to Technavio agricultural equipment analyst Abhay Sinha said: "High pressure sodium lamp in all high-intensity gas discharge lamp, the highest efficiency, high pressure sodium lamp light efficiency than the incandescent 6 times higher, very different, and the future of such lamps will be popular Which will help promote the growth of indoor cultivation industry.

Global incandescent and halogen lamp growth lamp market

Global incandescent and halogen lamp growth market value in 2020 will reach 79.5 million US dollars, the annual compound rate of 1.5% decline.

Incandescent lamps are usually available at grocery stores and hardware stores, but one of the drawbacks of growing lamps with incandescent lamps is energy saving, and that part of the energy that does not produce light produces extra heat, Abhay said, "Although the beginning of the incandescent lamp The cost is very low, but the operating cost is higher than the fluorescent lamp, so incandescent lamp is not suitable for the growth lamp, halogen lamp is also because it is similar to incandescent performance.

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