LED plant growth lamp Market
By 2020, the global LED growth lamp market will reach US $1 billion 900 million, and the annual compound growth rate will exceed 25%. LED growth lamp market is relatively new, technology has been developing, and constantly introduce more efficient products. The service life of LED is 10 times longer than that of ordinary energy-saving lamp, and far exceeds that of ordinary incandescent lamp. Although these lamps are more expensive, they are more efficient because they do not need to be replaced frequently and save electricity costs. The service life of LED lamps is up to 11 years. Compared with other lamps, LED lamps generate less heat, so the cost of expensive and complex cooling system is avoided. The use of other lamps requires a cooling system because too high a temperature can damage plant tissue cells.
As LED has more advantages, global researchers are focusing on promoting the research and development of LED plant growth lights, and the market will grow further.
Fluorescent lamp growth market
By 2020, the global market for fluorescent lamp growth is expected to reach US $1 billion, which is very popular with family gardeners. Standard fluorescent lamps are usually used for seed germination, but their efficiency is not high. In order to overcome the shortcomings of standard fluorescent lamps, advanced technology will cooperate to produce high-yield and efficient fluorescent lamps. Compared with standard fluorescent lamps, the newly developed fluorescent lamps have stronger illumination but lower temperature. Such products are more effective and cost-effective than incandescent lamps.
In addition, the fluorescent lamp bracket will also be lighter, easier to install, more convenient for users to use, and the bulb can be changed at any time.
High pressure sodium lamp growth lamp Market
By 2020, the market value of global high-pressure sodium lamp will reach US $157 million. The orange and red light emitted by high-pressure sodium lamp can make flowers produce, bear fruit and ripen. They can provide sufficient lighting for the greenhouse. The advantage of high-pressure sodium lamp is that it has a wide irradiation range, and the high-pressure sodium lamp should not be too close to plants because it will produce a lot of heat. But greenhouses do need more heat in winter. After a long time, the irradiation of high-pressure sodium lamp will become weak, so it needs to be replaced. The average life of such lamps is 18000 hours.
According to Abhay Sinha, an agricultural equipment analyst at technavio, said: "among all high-intensity gas discharge lamps, high-pressure sodium lamps have the highest efficiency. The luminous efficiency of high-pressure sodium lamps is six times higher than that of incandescent lamps, which is very different. Moreover, the popularization of such lamps in the future will help promote the growth of indoor cultivation industry."
Incandescent lamp and halogen lamp growth market
The market value of incandescent and halogen lamp will reach US $79 million 500 thousand by 2020, and the composite decline rate will reach 1.5%.
Incandescent lamps can usually be bought in grocery stores and hardware stores, but one disadvantage of incandescent light as a growth lamp is that it does not save energy. The energy that does not generate light produces extra heat. Abhay said, "although the cost of starting incandescent lamps is low, the operating cost is higher than that of fluorescent lamps. Therefore, incandescent lamps are not suitable for growing lamps, and halogen lamps are also suitable. Because its performance is similar to that of an incandescent lamp.