What Do Investors Need To Know About The Future Of LED Grow Light Technology?
Today, LEDs are fast becoming the dominant horticultural lighting solution. This is due primarily to the one-million fold decrease in fabrication cost of semiconductor chips used to make LED lights since 1954.
For investors more familiar with field-based agriculture, it can certainly be a minefield to know where LED lighting technology for horticulture is going in the future. Although it is no longer the “early days” of LED technology development, current trends are still shaping the future of LED technology.
Most people don’t realize LEDs are semiconductors; you can also use them for touch-sensing technologies, so there's a strong bridge to agricultural LED technology.
Some of the biggest technical challenges in utilizing LEDs effectively for agriculture include LED glaring, shadowing and color separation.