Nigeria Horticulture LED Lighting Market

INTRODUCTION

Horticulture lighting is the use of artificial lighting fixtures to stimulate plant development when natural light is unavailable.Horticulture LEDs are solid-state light sources that emit photosynthetically active radiation (PAR) in the 400-700 nanometer (nm) range to induce photosynthesis in plants.

LEDs may also be utilised for production lighting in controlled situations, as well as supplementary and photoperiod illumination in greenhouses, however these applications are still in the works. Controlling spectral quality is also important for plant display lighting.

The T5 & T8 LED Tube Light is the most popular variety of grow light. The colour temperature of the light we see in daytime, or around 6,500 Kelvin, is where the bulb is most frequently found. Historically, plants would receive this essential wavelength from blue lighting.

NIGERIA HORTICULTURE LED LIGHTING MARKET SIZE AND FORECAST

The Nigeria horticulture LED lighting market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

NEW PRODUCT LAUNCH

Polymatech introduces next-generation Horticulture LED Grow Light - Ravay.The debut of Polymatech Electronics' new horticulture LED solutions, including monochromatic LEDs and full-spectrum Ravaye packages and modules, was announced. Polymatech Electronics is a maker of semiconductor chips with a focus on opto-semiconductors.

With a larger spectrum of light for quicker and healthier plant development, improved farming settings, and lower lighting system costs, these solutions establish a new standard for enhanced greenhouse and vertical farming lighting for professional horticulture applications.

Full-spectrum light, which has a variety of wavelengths ranging from Yellow to Green to Blue to Red, encourages healthy plant development by quickening photosynthesis, boosting plant defences, and boosting nutritional content.

In order to satisfy the various design requirements of horticulture lighting producers, Polymatech provides a wide range of wavelength combinations in their Ravaye line.

Key international players are aiming to introduce sophisticated technology-based interior lighting through partnerships and collaborations to enable this accelerated expansion. The Ravaye LED packages from Polymatech are currently being produced in large quantities for lighting makers and farmers everywhere.

COMPANY PROFILE

• Heliospectra AB
• Greens Hydroponics
• UPSHINE Lighting
• TESLUX Lighting
•  Hortisystems
• ProGrowTech
•  Ronfell Group
• GENERAL ELECTRIC

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Nigeria horticulture LED lighting are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Nigeria horticulture LED lighting and key vendor selection criteria
3. Where is the Nigeria horticulture LED lighting manufactured? What is the average margin per unit?
4. Market share of Nigeria horticulture LED lighting market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Nigeria horticulture LED lighting in-house
6. key predictions for next 5 years in Nigeria horticulture LED lighting market
7. Average B-2-B Nigeria horticulture LED lighting market price in all segments
8. Latest trends in Nigeria horticulture LED lighting market, by every market segment
9. The market size (both volume and value) of the Nigeria horticulture LED lighting market in 2023-2030 and every year in between?
10. Production breakup of Nigeria horticulture LED lighting market, by suppliers and their OEM relationship