From the perspective of market size, data shows that by 2021, the global LED plant lighting system market scale is expected to exceed 2 billion U.S. dollars, of which LED lamps are 490 million U.S. dollars; GGII statistical analysis believes that China's LED plant lighting system output scale in 2019 It will reach 7.6 billion yuan, an increase of 22% year-on-year, and the output value of LED lamps will reach 2.1 billion yuan, an increase of 23% year-on-year. By 2020, the output value of China's LED plant lighting system will reach 9.5 billion yuan, and the output value of LED lamps will reach 28 100 million yuan.
In terms of the specialty plant market, Canada and the US states have legalized specialty plants, and the planting market is developing rapidly. There are 30 million legal consumers in Canada equivalent to 2.4 million pounds of annual consumption. Canada will need 656ft2 of planting area to meet demand, with a spot index of US$1,200 per pound per head. The LED output can be increased by 5%, and the energy consumption will be reduced. The investment in LED lamps can recover the cost within one year, but the LED lamps can be used for 5 years. In 2020, the cannabis LED lighting market in Canada and the United States will exceed $400 million.
Currently, there are four main types of plant lighting sources on the market: LED lamps, fluorescent lamps, high-pressure sodium lamps, incandescent lamps and halogen lamps. Compared with traditional plant lighting fixtures, LED plant lighting fixtures not only have the characteristics of energy saving, environmental protection, low overall heat generation, and high reliability, but also have the advantages of adjustable spectrum, light quantity, light quality, and light direction, allowing increased cultivation per unit area. In addition, the LED wavelength range is wide [UVC (about 250nm) to infrared (about 1000nm)], and the half-wave peak of the wavelength is narrow.
At present, in the global plant light market, in addition to mainland China, the regions with extremely mature applications are: North America, Europe and Japan. Statistics show that the proportions of well-known manufacturers in the United States and Japan are 37% and 23%, respectively. Areas where the plant light application market is extremely active. The main distribution areas of my country's LED plant lighting production enterprises are the Pearl River Delta, which accounts for 60%, the Yangtze River Delta, 21%, and the Bohai Rim, 12%.
