Europe Horticulture LED Lighting Market 2024-2030

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    EUROPE HORTICULTURE LED LIGHTING MARKET

     

    INTRODUCTION

    Horticultural lighting has been used as a complement to, or replacement for, sunlight as a stimulant for plant development for many years. While several light sources have been employed, most supplementary and replacement illumination for plant development in professional, large-scale operations is provided by high intensity discharge (HID) lamps. 

    Europe Horticulture LED Lighting Market

    Because of the popularity of HID lighting, there are specialized chemistries of high pressure sodium and metal halide lamps made specifically for grow lighting. Since the commercialization of LEDs in lighting, attempts have been made to create LED plant growth lighting that uses the direct colors and relative adjustability of LED spectrums to try and optimize the light to the plant’s absorption.

     

    Since the invention of electric lights, artificial illumination has been utilized to augment plant growth. Early research centered on carbon-arc lights, but incandescent bulbs eventually took control. While these products were successful, they were inefficient and substantially weighted in the red and far red spectrums, causing stem development to be extended. 

     

    When discharge lamps first became commercially available, they were employed to varying degrees of success, and the industry eventually decided on high pressure sodium and metal halide lamps for supplementary lighting.

     

    Fluorescent lights, which employ phosphors to tune the spectrum more towards plant development, have also been used in some instances for a wider spectrum of light.

     

    The issue with current technology is that it is largely stagnant. The spectrum cannot be adjusted when plant development requirements vary without manually changing out a bulb, which requires additional labor. High pressure sodium lamps are inexpensive, efficient, and long-lasting, however they only give a restricted spectrum for growth, primarily in the orange and red regions. 

     

    Metal halide lamps, which may emit strong blues (a spectrum that promotes leaf development), suffer from quick luminosity depreciation owing to arc tube darkening and have extremely high pressures, necessitating the installation of a lensed fixture. There have been attempts to integrate the two into a single bulb, however these lamps end up with a lumen maintenance imbalance.

     

    Water is the most evident and possibly harmful environmental condition to which horticulture lighting is subjected. This is an issue with any sort of illumination because power and water must be considered, but it is usually amplified in a horticulture context.

     

    Efficient lighting systems, such as HID or LED, include a ballast or driver that converts the incoming AC line voltage into something usable for the light source, as well as a way to guide the created light.

     

    For HID, this might be a magnetic or electronic ballast that starts the lights and maintains correct electrical conditions, as well as reflectors that distribute the strong light across an area. For LEDs, this driver might be simple or sophisticated, with or without a reflector.

     

    Deterioration in either the electrical or optical controls, regardless of source type, will lower light output (to zero if the light becomes inoperable) and hence effectively diminish yield and/or product quality.

     

    Different levels of protection may be required depending on the fixture’s position and the watering system used in the facility. For drip irrigation or hydroponics, for example, the issue may be preventing internal components from being damaged by excessive humidity rather than protecting against direct spray.

     

    For some applications, rain-like spray or even more powerful sprays from the irrigation system or stray sprays from human watering may be a hazard with the fixture.

     

    EUROPE HORTICULTURE LED LIGHTING MARKET  SIZE AND FORECAST

     

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    The Europe Horticulture LED Lighting Market  accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

     

    EUROPE HORTICULTURE LED LIGHTING MARKET NEW PRODUCT LAUNCH

    Fluence from Osram LED horticulture lighting has been introduced throughout Europe, the Middle East, and Africa (EMEA), backed by an experienced team of technical consultants to assist producers in producing the greatest crops possible to suit regional market demands. 

     

    Osram acquired Fluence Bioengineering Inc. last year, a leading producer of energy-efficient LED lighting for commercial crop production and research purposes. LEDs of the current generation are energy efficient and ready to replace traditional illumination, producing crops of equal or higher quality.

     

    The Fluence by Osram brand combines Osram’s dependability and worldwide reach with Fluence’s agile and creative product selection to solve the special demands of European producers and researchers in critical issues.

     

    Fluence’s standard full-spectrum LED lighting systems give special benefits for growers in greenhouse and multi-layer production, allowing them to achieve better yields and higher quality than traditional horticulture lighting.

     

    The new innovative MITRA LED lighting system from Heliospectra features a unique modular architecture that allows for a broad range of customisable options, including greenhouse, indoor, and vertical installations. The new fixture, designed exclusively for high-light crops, has a high-intensity light output and an electrical efficacy. In June, Heliospectra will introduce the first two MITRA configurations at GreenTech. This includes the following:

     

    The square format is meant to give uniform light dispersion across a normal growth bed or bench and is optimized for vertical installations. MITRA focuses exclusively on the indoor vertical food and cannabis businesses.

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS OF EUROPE HORTICULTURE LED LIGHTING MARKET

    1. How many Horticulture LED Lighting are manufactured per annum in Europe? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a  Europe  Horticulture LED Lighting and key vendor selection criteria
    3. Where is the Horticulture LED Lighting manufactured? What is the average margin per unit?
    4. Market share of Europe  Horticulture LED Lighting market  manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Europe  Horticulture LED Lighting in-house
    6. 5 key predictions for next 5 years in Europe  Horticulture LED Lighting market
    7. Average B-2-B Horticulture LED Lighting market price in all segments
    8. Latest trends in Horticulture LED Lighting market, by every market segment
    9. The market size (both volume and value) of the Horticulture LED Lighting market in 2024-2030 and every year in between?
    10. Production breakup of Horticulture LED Lighting market, by suppliers and their OEM relationship
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive Innovation in the Industry
    10 Technology Trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in the US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on the point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End Use, 2024-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in the past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in the past 12 months
    26 M&A in the past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunities for new suppliers
    31 Conclusion
    32 Appendix
     
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