Fluorescent, high-intensity discharge (HID),
light-emitting diode (LED), plasma, and induction bulbs can be used to
providing lighting in indoor farming settings. Among these, LED bulbs are the
most heavily deployed, as they lead to considerable cost-savings.
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First, LED
lights have a 25-times longer life than a similarly rated incandescent bulb,
and the former also consume 75% less energy, which ultimately results in a
reduction in the operational expenditure for the farmer.
The utility of LEDs is so well known that governments
around the world are undertaking initiatives to increase their adoption. In
Numerous countries, including Switzerland, Brazil, Argentina, Venezuela, Canada,
Australia, Malaysia, Russia, South Korea, and Mexico, conventional lights are
being replaced with energy-efficient variants.
For instance, Los Angeles
successfully replaced all of its street lights with LEDs in 2013, hoping to
save $7 million in energy costs and an additional $2.5 million in maintenance
activities. Similarly, under the Unnat Jeevan by Affordable LEDs and Appliances
for All (UJALA) scheme, the Indian government has already provided over 350
million LED bulbs, as of April, 2020.
In the coming years, Asia-Pacific (APAC) would witness
the most rapid advance of the grow lights market, on account of its
booming population and government initiatives aimed at encouraging the usage of
LED lights. Further, the region accounts for a rapidly rising rate of urban
migration, which is leading to the destruction of farmlands for the expansion
of cities. To feed the rising number of people and coping with the decreasing
arable land area, the focus on urban farming is increasing.
Hence, with the rising popularity of the indoor and
vertical farming methods, the demand for grow lights will continue surging
across the world.
