Global LED grow light market value from 2021 to 2032

Published by
M. Shahbandeh,
Jun 6, 2023
This statistic displays the forecasted market value of LED grow light used in indoor farming worldwide from 2021 to 2032, in billion U.S. dollars. According to the report, market value of the LED grow lights amounted to about two billion U.S. dollars in 2022, and is forecast to grow to about 14.8 billion dollars value until 2032.

Forecasted market value of LED grow lights used in indoor farming worldwide from 2021 to 2032 (in billion U.S. dollars)

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Release date

April 2023

Region

Worldwide

Survey time period

2022

Special properties

Application: Indoor Farming, Commercial Greenhouse, Vertical Farming, and others

Supplementary notes

* Projection.

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