The Grow Lights Market was valued at USD 2710 million in 2020 and is expected to reach USD 7603.16 million by 2026 and grow at a CAGR of 19.5% over the forecast period (2021-2026). Grow light is a key component of the urban agriculture practices. It is generally used to provide all the light a plant needs to grow or in some cases, to supplement natural sunlight, especially in cold countries that have low daylight hours, especially in the winter season.
An increasing number of plant factories, need for sustainable development, and rise in urban agriculture are current catalysts for the grow lights market.Fresh and nutritious vegetables, beautiful floral arrangements, fragrant herbs, etc., are in demand all year round, and it has become easier at the touch of a button with the pervasiveness of e-commerce. Indoor farming represents the largest market share, with the availability of affordable yet fashionable grow lights.
The rise in farming companies across the world is driving global investments towards technology providers for the industry. The propensity towards high-tech farming solutions such as vertical farming is attracting investment; in July 2019, vertical farming start up InFarm raised USD 100 million in its series B funding led by Atomico.
LED lighting solutions in the grow lighting are expected to see higher demand from various AgTech firms for cost-saving and low energy consumption benefits which in turn help reduce farming costs, farming companies across the world are expected to leverage LED-based lighting solutions to enhance their farming. For example, Scottish vertical farming technology firm Intelligent Growth Solutions (IGS) is seeing a growth in its funding; the company develops vertical farming solutions to boost LED grow light efficiency, enhancing plant production.
In order to meet the demand agriculture industry is currently on the verge of technological change by incorporating indoor farming, vertical farming, commercial greenhouse, urban farming, etc. Such technologies are increasingly gaining traction, which is, in turn, driving the demand for agritech products such as grow to light. By recognizing the trend, governments across the world are helping farmers innovate their cultivation methods and are subsidizing such equipment to promote the adoption
Growing environmental concerns and uncertainty over the existing rainfall patterns has led the population to invest in the domestic garden set-up willingly. The further developments in the innovative farming practices, like the vertical farming method, have been driving the growth of grow lights market. On the contrary, the high set-up and maintenance cost are hindering the growth of the market.
GMKJ Full spectrum plant growth main product:
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| 20-100W full spectrum COB LED with copper base, with USA Bridgelux chips | 20-100W full spectrum COB LED with copper base, with China Sanan flip chip package | 1-3w full spectrum high power LED chip, USA Bridgelux chips |
GMKJ 4046 full spectrum COB LED picture:
GMKJ 4046 full spectrum COB LED specs:
■ Electrical/Optical Characteristics--White (At TA=25°C)
Parameter | Symbol | Conditions | Min | Avg. | Max | Units |
Forward Voltage | VF | IF=3000mA | 28.00 | -- | 34.00 | V |
Thermal Resistance Junction To Board | RΘJ-B | IF=3000mA | -- | 8 | -- | °C/W |
Luminous Flux | Φv | IF=3000mA | 6000 | 7000 | LM | |
Wavelength range | λp | IF=3000mA | 380 | -- | 850 | nm |
Temperature Coefficient of Forward Voltage | ∆VF/∆T | IF=3000mA | −− | -2 | −− | mV/°C |
Reverse Current | IR | VR=50V | −− | −− | 10 | μ A |
Viewing Angle [1] | 2Θ1/2 | IF=3000mA | −− | 100 | −− | Deg |
Package dimensions:
Applications:
Full spectrum COB LEDs are mainly used for strawberry, tomatos, cucumbers, canabis plant growing.
About GMKJ:
Shenzhen Guangmai Electronics Co., Ltd. established in Shenzhen of China in 2009, is a National High-Tech Enterprise focuses on high-end LED package service. GMKJ Strives to bring in high-end machines for full-automatic production and aging test equipment for making itself a leading International LED production base.
Most of our led products are LM-80 tested and approved, also with RoHS EN62471/IEC62471 etc). We have been granted for more than 100 patents both in design and technology areas. With excellent quality, diversity and reliable performance, reasonable price, and satisfactory after-sales service, all of our products comply with international quality standards and are greatly welcomed in a variety of different markets throughout the world.
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