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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
A semiconductor emitter known as a horticulture LED emits light that is absorbed by plant photoreceptors in order to enhance quality, manage growth cycles, modify morphology, and/or maximize growth in plants.
Electrical discharge, solid-state light sources, such as LED and organic LED, are utilized in horticulture.
Compared to the traditional light sources utilized for lighting purposes in horticulture, such as high power Metal Halide lamps or Mercury Lamps, LEDs offer considerably better and more efficient technology.
A lot of living wall applications use LED strips. They have a straightforward, attractive look and are great for growing plants.
The Global 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.
Verjure is a professional-grade horticulture LED lighting solution that offers effective and reliable performance for indoor horticulture applications, according to a press release from Acuity Brands, Inc. in Atlanta.
The Verjure Pro Series LED luminaires were created utilizing academic, plant-based research and are intended to assist all phases of plant development, from veg to flower.
To promote diversity in growth, the Series is offered in three various sizes and outputs, including indoor warehouse, greenhouse, and vertical racks.
The Verdure Pro Series, whose performance has been independently tested, offers an extremely high production of up to 1880 mol/s at an efficient 2.8 mol/j.
The output is intended to match and surpass the output of conventional 1000W HPS grow lights while providing up to 40% energy savings, helping to reduce the energy bill and operational cost savings, which enhances overall sustainability.
Market Segmentation |
Scope of the report |
Abbreviations |
Research Methodology |
Executive Summary |
Introduction |
Insights from Industry stakeholders |
Cost breakdown of Product by sub-components and average profit margin |
Disruptive innovation in the Industry |
Technology trends in the Industry |
Consumer trends in the industry |
Recent Production Milestones |
Component Manufacturing in US, EU and China |
COVID-19 impact on overall market |
COVID-19 impact on Production of components |
COVID-19 impact on Point of sale |
Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
Product installation rate by OEM, 2023 |
Incline/Decline in Average B-2-B selling price in past 5 years |
Competition from substitute products |
Gross margin and average profitability of suppliers |
New product development in past 12 months |
M&A in past 12 months |
Growth strategy of leading players |
Market share of vendors, 2023 |
Company Profiles |
Unmet needs and opportunity for new suppliers |
Conclusion |
Appendix |