The plant growth light market has shown a significant growth trend in recent years. The following is the relevant content of the market size and growth trend:

1. Market size and growth trend

Market size: In 2024, the global LED plant lighting market size is about 1.315 billion US dollars. In 2025, the global plant growth light market is expected to be 3.37 billion US dollars.

Growth trend: According to TrendForce, the global LED plant lighting market will grow at a compound annual growth rate of 9.4% from 2024 to 2029, and the market size is expected to reach 2.056 billion US dollars in 2029. From 2025 to 2037, the global plant growth light market is expected to grow at a compound annual growth rate of 21.4%, reaching 34.85 billion US dollars by 2037.

2. Market demand characteristics in different regions

1. North American market

Demand characteristics: North America is dominated by a large number of commercial greenhouses and indoor farms, and the demand for plant growth lights is mainly concentrated on high-efficiency and full-spectrum LED lights. These lamps can simulate natural lighting conditions and meet the growers' needs for crop growth cycle control, thereby improving crop yield and quality.

2. European market

Demand characteristics: The European market has a more diverse demand for plant growth lamps. Europe has a developed horticultural industry, and growers have higher technical requirements for plant growth lamps, and are more inclined to choose products with intelligent control functions. These products can automatically adjust the spectrum and light intensity to meet the growth needs of different plants.

3. Asia-Pacific market

Demand characteristics: The market demand in the Asia-Pacific region has grown rapidly, mainly benefiting from the region's increased demand for high-quality agricultural products and high acceptance of modern agricultural technology. The government's policy support for agricultural technology has also promoted the application of plant growth lamps in the region.

4. South America and the Middle East and Africa market

Demand characteristics: The market size in these regions is relatively small, but it is expected to grow steadily in the next few years. In South America, with the acceleration of urbanization and the increase in demand for fresh agricultural products, the application of plant growth lamps will gradually expand. In the Middle East and Africa, due to the limitations of the natural environment, plant growth lamps have great potential for application in indoor agriculture.

The global plant growth lamp market is showing good development prospects driven by multiple factors such as policy support, technological progress, and market demand growth. The market demand characteristics in different regions reflect the influence of factors such as the local agricultural development level, economic conditions, and consumer habits.