Plant growth lights are widely used in vertical farms, indoor planting and commercial greenhouses. The following is a specific analysis:

1. Market distribution

Commercial greenhouses: Currently, it is the main application field of plant growth lights, accounting for about 66%. Widely used in the planting of crops such as vegetables, flowers, and fruits, it can enhance the risk resistance of agriculture, improve planting efficiency and farmers' income.

Home gardening: accounting for about 23%, meeting the needs of family planting flowers, vegetables, etc., providing sufficient light for indoor plants, and adding a green atmosphere.

Plant factories: accounting for about 6.3%, are emerging application fields. With the development of technology and the increase in demand for efficient agriculture, the market potential is huge.

Other fields: such as scientific research, biopharmaceuticals, etc., accounting for about 3.9%.

2. Demand forecast

Vertical farms

Current situation: It has been widely used in the planting of green leafy vegetables, herbs and fruits. LED plant growth lights and control systems provided by companies such as Philips can increase the yield per unit area and improve the taste, nutritional value and shelf life of crops.

Future trends: The accelerated urbanization process and tight land resources will promote the development of vertical farms and increase the demand for plant growth lights. At the same time, technological advances make lamps more efficient and intelligent, further improving crop yields and quality.

Indoor planting

Current situation: Including home gardening, balcony vegetable planting, etc., the demand has increased significantly. Plant growth lights can solve the problem of insufficient light, increase plant growth speed and yield, and improve taste and ornamental properties.

Future trends: Urban residents' pursuit of quality of life and healthy diet will make indoor planting continue to be popular, prompting the expansion of the plant growth light market.

Commercial greenhouse

Current situation: Commercial greenhouses are the largest application area for plant growth lights, accounting for 66.2%. It is used to promote the growth of fruits, vegetables and flowers, improve yield and quality, and achieve year-round planting.

Future trends: The growth in demand for agricultural products and the advancement of agricultural modernization will expand the scale of commercial greenhouse planting and increase the demand for plant growth lights. High-efficiency and energy-saving LED plant growth lights will become the mainstream choice.

With the development of modern agricultural technology and the increasing demand for efficient and sustainable agriculture, the market demand for plant growth lights in different application scenarios will continue to grow, bringing broad development space for related industries.