This growth is expected to maintain its momentum throughout 2021, during which the market is expected to reach US$399 million in revenue, a 33% YoY increase.

Horticultural lighting LED package suppliers include ams-OSRAM, Samsung LED, CREE LED, Seoul Semiconductor, Lumileds, Everlight and LITEON.

Horticultural LED chip suppliers include Epistar, San’an, HC Semitek, HPO, and Epileds.