In 2020, plant lighting LED has become one of the fastest-growing lighting applications, due to the gradual legalization of cannabis cultivation in North America, and the new crown pneumonia epidemic has caused the medical and entertainment cannabis market to soar. In addition, the impact of the epidemic on the food supply chain is gradually showing up, and investment in indoor planting agriculture is heating up again. Due to equipment replacement and rising demand for new additions, orders for plant lighting LED companies have increased rapidly since the second quarter. At present, the two major requirements of indoor planting agriculture are the increase of plant output and the decrease of the cost of lighting equipment. It is necessary to continuously introduce the old and bring forth the new through cooperation between LED supply chain enterprises, and continue to improve to meet market demand.
