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HOME  >  Industry dynamics  >  2018-2022 Plant lighting and stadium lighting CAGR is higher than general lighting
Industry dynamics

2018-2022 Plant lighting and stadium lighting CAGR is higher than general lighting

DATE:2018-07-25

LED plant lighting grew to 633 million US dollars in 2022

In 2017, the market size of LED plant lighting is about 193 million US dollars, and the market size of LED products used is 52 million US dollars. LEDinside estimates that by 2022, plant lighting LED lamps and packaging products will grow rapidly to 633 million US dollars and 151 million US dollars respectively, and the compound growth rate in 2018~2022 is 30% and 27% respectively.



In 2017, the global LED plant lighting market accounted for 35% of Europe. As major manufacturers gradually established plant factories in Europe, and governments in the European countries such as the Netherlands and the United Kingdom actively advocated the establishment of plant factories and proposed related subsidy policies. Market demand has led to a continued expansion of market share in Europe, reaching 37% in 2018, the largest proportion of the regional market.


The main crops grown in European plant factories are tomatoes, leafy vegetables (beets, etc.) and vanilla plants. The colorful and delicious varieties of the Netherlands are very popular, and consumer demand for Dutch tomatoes has soared. The main tomato producers are Duijvestijn, Rijk Zwaan and Incotec. Duijvestijn ranks first, with an annual production area of ??15 hectares and a capacity of 10 million kg. The tomato planting process needs to be combined with agricultural technology partners such as Priva to develop automated water and climate control systems; lighting manufacturers are primarily based on Signify.

Tomatoes do not require a specific photoperiod, but require strong illumination, with a suitable light intensity of 47,000 lux. More than 80,000 Lux or less than 10,000 Lux are not good for growth. Tomato is a warm vegetable. Generally, it can adapt to tomato growth in the temperature range of 15 ~ 35 °C. The most suitable temperature is 20 ~ 30 °C. When transplanting and planting tomatoes, the seedlings should be the same size, the plants grow neatly, and the shading between the plants can increase the sunshine of the tomatoes.

Tomatoes are not strict with the number of hours of light, but 16 hours of light per day, the best plant growth, short-term sunshine can also grow normally. In production, the number of hours of illumination should be extended as much as possible or artificial light should be used to increase production.

2022 Global LED stadium lighting market grows to 1.563 billion US dollars

With the increasing importance of the sports industry in various regions and countries, and the rapid improvement of the cost performance of LED lighting, LED sports lighting will also usher in rapid development. It is estimated that the global LED stadium lighting market will be 6.73 in 2017. Billion dollars will grow to 1.563 billion US dollars by 2022, and the compound growth rate will be 16% from 2018 to 2022, which is faster than general-purpose LED lighting.


2021 OLED lighting market grows to 191 million US dollars

According to LEDinside statistics, the OLED lighting market is expected to grow to $191 million in 2021, with an average annual growth rate of 1.07%.

Although the high cost and limited service life of OLED technology make the penetration rate difficult to increase, with the breakthrough of technology, the rapid rise of OLED lighting, coupled with the rise of public awareness of environmental protection, the people's demand for the integration of lighting and artistic beauty So that white OLED lighting is likely to become the next generation of lighting stars. In 2018, LGD, Acuity Brands, Konica Minolta and OLEDWorks are the four leading OLED lighting industries.

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