LED plant lighting ushered in explosive growth
In recent years, the general LED general lighting market has become a red sea. LED lighting market segments and lighting products with high value-added attributes have gradually become the main driving force for the development of the LED plant lighting market. Among them, the market segment of LED plant lighting will usher in explosive growth in 2020, and the future integration with smart agriculture is even more promising.
Considering the situation, with the help of current market opportunities and new requirements for cross-border integration of LED and agriculture, Chinese manufacturers are truly involved in the horticultural lighting market. They need to be oriented to create value, focus on product development capabilities, take customer expansion as the driving force, and actively cooperate with terminals. Customers, and need to devote themselves to studying the lighting system requirements for plant growth, in a true sense, to be comparable to the products of international lighting packaging factories, to provide global customers with LED solutions that reduce costs and promote production with the advantages of China's LED supply chain, and promote LED and agriculture. further integration.
In the context of the current era, the indoor planting industry has received unprecedented general attention.
The COVID-19 pandemic has not slowed the use of cannabis, but has instead simplified the North American cannabis cultivation licensing process and accelerated the legalization process, resulting in the rapid growth of the North American medical and recreational cannabis market.
Coupled with the increasing frequency of extreme climate changes in the world, whether in China or overseas, investment and construction projects for indoor farming and agriculture have sprung up to deal with the food safety crisis.
In addition, with the development of new technologies such as the Internet of Things, big data, and AI artificial intelligence, agricultural growers' demands for products and services are constantly escalating. The cross-border deep integration of LED and smart agriculture has brought new opportunities for domestic LED packaging factories. opportunities and challenges.
Reducing the cost of plant lighting fixtures and improving the scientificity of plant spectrum formulations are the keys to creating value for plant lighting LED companies
Compared with the size of the LED general lighting market, the current LED plant lighting market is still a niche emerging market. According to research data from TrendForce, the global output value of LED packaging devices for horticultural lighting and the market size of LED horticultural lighting fixtures in 2020 will be US$261 million and US$898 million, respectively.
Although the cost of LED products for plant lighting has dropped significantly, which also includes the unit price of red LEDs and high-power LED lamp beads, which reduces the construction cost of plant lighting products, it is far from enough to convince indoor growers to use traditional products. Replaced with LED lighting products, except for farmers who grow a few high-value cash crops such as hemp. In addition, the plant spectrum formula is also the key to improving the yield and quality of indoor crops.
"From the perspective of the commonality of the market, companies in the field of plant lighting urgently need to solve the problems of high prices of lighting products and unscientific spectral formulas, so that more farm owners can actively embrace the additional benefits brought by LED plant lighting products.
"Plant lighting products need to have long life, stable light color and precise spectral formula, and also need to have high air tightness to cope with the complex growth environment of plants. In addition to the lighting system, plant growth also includes nutrient solution, carbon dioxide, temperature The control of humidity, etc., is a test for LED lamp beads
With the continuous application of new technologies such as the Internet of Things, big data and AI technology, plant factories are developing towards a higher stage in line with the trend of technological development. In 2021, many smart LED plant factories in the Chinese market will debut for the first time, such as the completion of Ningxia. The first LED smart plant factory, Hunan invested 120 million yuan to introduce the first IoT plant factory project in Zhuzhou High-tech Zone.
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