As the global market grows faster than the domestic market, the export market potential of LED plant growth lights is huge, and the domestic market demand is steadily increasing.
The LED plant growth light industry chain is relatively mature, and downstream market applications are cutting-edge.
First of all, the application of HID lamps is relatively mature, and the penetration rate of LED lamps continues to increase due to high efficiency and energy saving.
In the first week of September, the plastic extrusion market set off a wave of price increases, with almost all plastic categories rising across the board.
The increase in global population, extreme weather, and geopolitical crises in recent years have brought food demand crises. LED plant lighting can help increase the yield per unit area of crops.
LED plant lighting belongs to the category of agricultural semiconductor lighting. It can be understood that it uses semiconductor electric light source and its intelligent control equipment.