Product Code: ETC4441466 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The LED Grow Light market in Thailand plays a crucial role in supporting the agriculture and horticulture industries. LED technology offers energy-efficient and spectrum-tailored lighting solutions for plant growth. As Thailand aims to enhance agricultural productivity, the LED Grow Light market is set to see increased adoption.
The Thailand Light Emitting Diode (LED) Grow Light market is experiencing significant growth, fueled by the increasing adoption of LED technology in horticulture and agriculture. LED grow lights provide customized lighting conditions for plant growth, contributing to improved crop yields and energy efficiency. The market benefits from the growing interest in controlled environment agriculture and the need for sustainable and resource-efficient farming practices. Additionally, the adoption of LED grow lights in vertical farming and greenhouse applications contributes to the market prominence in Thailand agricultural landscape.
The Thailand LED Grow Light market confronts challenges related to optimizing light spectra for efficient plant growth and ensuring the durability and reliability of LED lighting systems. Developing LED grow lights that mimic natural sunlight and enhance crop yields poses technical challenges. Market players must also address issues related to energy efficiency and heat management to create sustainable and cost-effective solutions. Additionally, educating and convincing traditional agricultural practices to adopt LED grow lights requires overcoming cultural and knowledge barriers.
The Thailand LED Grow Light Market experienced a mixed impact from the COVID-19 pandemic. While disruptions in the supply chain initially affected manufacturing, the increased interest in sustainable agriculture and indoor farming during lockdowns contributed to the market recovery. The pandemic underscored the importance of food security and sustainable farming practices, driving the adoption of LED grow lights in controlled environment agriculture. The market demonstrated resilience as stakeholders recognized the role of technology in ensuring a consistent and efficient food supply.
In the Thailand LED Grow Light market, key players such as Signify N.V. (formerly Philips Lighting), OSRAM GmbH, and Cree, Inc. are driving the adoption of LED grow lights for horticulture and indoor farming. These companies offer LED grow lighting solutions that provide tailored spectra and energy-efficient illumination for plant growth in Thailand, supporting applications in vertical farming, greenhouse cultivation, and urban agriculture. As sustainable and controlled-environment agriculture gains importance, the LED Grow Light market becomes crucial for providing technologies that enhance plant growth and productivity, and these industry leaders are at the forefront of shaping LED grow light technologies.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand LED Grow Light Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand LED Grow Light Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand LED Grow Light Market - Industry Life Cycle |
3.4 Thailand LED Grow Light Market - Porter's Five Forces |
3.5 Thailand LED Grow Light Market Revenues & Volume Share, By Offering, 2021 & 2031F |
3.6 Thailand LED Grow Light Market Revenues & Volume Share, By Wattage, 2021 & 2031F |
3.7 Thailand LED Grow Light Market Revenues & Volume Share, By Application , 2021 & 2031F |
3.8 Thailand LED Grow Light Market Revenues & Volume Share, By Spectrum, 2021 & 2031F |
3.9 Thailand LED Grow Light Market Revenues & Volume Share, By Cultivated Plant, 2021 & 2031F |
3.10 Thailand LED Grow Light Market Revenues & Volume Share, By Lighting Type, 2021 & 2031F |
3.11 Thailand LED Grow Light Market Revenues & Volume Share, By Light Source, 2021 & 2031F |
4 Thailand LED Grow Light Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand LED Grow Light Market Trends |
6 Thailand LED Grow Light Market, By Types |
6.1 Thailand LED Grow Light Market, By Offering |
6.1.1 Overview and Analysis |
6.1.2 Thailand LED Grow Light Market Revenues & Volume, By Offering, 2021-2031F |
6.1.3 Thailand LED Grow Light Market Revenues & Volume, By Hardware, 2021-2031F |
6.1.4 Thailand LED Grow Light Market Revenues & Volume, By Software & Services, 2021-2031F |
6.2 Thailand LED Grow Light Market, By Wattage |
6.2.1 Overview and Analysis |
6.2.2 Thailand LED Grow Light Market Revenues & Volume, By <300 Watt, 2021-2031F |
6.2.3 Thailand LED Grow Light Market Revenues & Volume, By >300 Watt, 2021-2031F |
6.3 Thailand LED Grow Light Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Thailand LED Grow Light Market Revenues & Volume, By Greenhouses, 2021-2031F |
6.3.3 Thailand LED Grow Light Market Revenues & Volume, By Vertical Farms, 2021-2031F |
6.3.4 Thailand LED Grow Light Market Revenues & Volume, By Indoor Farms, 2021-2031F |
6.3.5 Thailand LED Grow Light Market Revenues & Volume, By Other Applications, 2021-2031F |
6.4 Thailand LED Grow Light Market, By Spectrum |
6.4.1 Overview and Analysis |
6.4.2 Thailand LED Grow Light Market Revenues & Volume, By Full Spectrum, 2021-2031F |
6.4.3 Thailand LED Grow Light Market Revenues & Volume, By Limited Spectrum, 2021-2031F |
6.5 Thailand LED Grow Light Market, By Cultivated Plant |
6.5.1 Overview and Analysis |
6.5.2 Thailand LED Grow Light Market Revenues & Volume, By Fruits and Vegetables, 2021-2031F |
6.5.3 Thailand LED Grow Light Market Revenues & Volume, By Flowers, 2021-2031F |
6.5.4 Thailand LED Grow Light Market Revenues & Volume, By Cannabis, 2021-2031F |
6.6 Thailand LED Grow Light Market, By Lighting Type |
6.6.1 Overview and Analysis |
6.6.2 Thailand LED Grow Light Market Revenues & Volume, By Toplighting, 2021-2031F |
6.6.3 Thailand LED Grow Light Market Revenues & Volume, By Interlighting, 2021-2031F |
6.7 Thailand LED Grow Light Market, By Light Source |
6.7.1 Overview and Analysis |
6.7.2 Thailand LED Grow Light Market Revenues & Volume, By Light Emitting Diodes (LED), 2021-2031F |
6.7.3 Thailand LED Grow Light Market Revenues & Volume, By Fluorescent, 2021-2031F |
6.7.4 Thailand LED Grow Light Market Revenues & Volume, By , 2021-2031F |
6.8 Thailand LED Grow Light Market, By Installation Type |
6.8.1 Overview and Analysis |
6.8.2 Thailand LED Grow Light Market Revenues & Volume, By New Installations, 2021-2031F |
6.8.3 Thailand LED Grow Light Market Revenues & Volume, By Retrofit Installations, 2021-2031F |
7 Thailand LED Grow Light Market Import-Export Trade Statistics |
7.1 Thailand LED Grow Light Market Export to Major Countries |
7.2 Thailand LED Grow Light Market Imports from Major Countries |
8 Thailand LED Grow Light Market Key Performance Indicators |
9 Thailand LED Grow Light Market - Opportunity Assessment |
9.1 Thailand LED Grow Light Market Opportunity Assessment, By Offering, 2021 & 2031F |
9.2 Thailand LED Grow Light Market Opportunity Assessment, By Wattage, 2021 & 2031F |
9.3 Thailand LED Grow Light Market Opportunity Assessment, By Application , 2021 & 2031F |
9.4 Thailand LED Grow Light Market Opportunity Assessment, By Spectrum, 2021 & 2031F |
9.5 Thailand LED Grow Light Market Opportunity Assessment, By Cultivated Plant, 2021 & 2031F |
9.6 Thailand LED Grow Light Market Opportunity Assessment, By Lighting Type, 2021 & 2031F |
9.7 Thailand LED Grow Light Market Opportunity Assessment, By Light Source, 2021 & 2031F |
9.7 Thailand LED Grow Light Market Opportunity Assessment, By Installation Type, 2021 & 2031F |
10 Thailand LED Grow Light Market - Competitive Landscape |
10.1 Thailand LED Grow Light Market Revenue Share, By Companies, 2024 |
10.2 Thailand LED Grow Light Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |