Revolutionizing Agriculture: Horticulture Lighting's Tailored Spectra Boosts Plant Health and Crop Yields for Sustainable Growth

Horticulture lighting fosters optimal plant growth by providing tailored light spectra essential for photosynthesis and various physiological processes. Horticulture lighting optimizes photosynthetic efficiency by customizing light conditions to specific stages of plant development. This precision in light spectrum regulation ensures that plants receive the ideal wavelengths necessary for their growth cycles, resulting in healthier plants and ultimately enhancing crop yields.

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Data Bridge Market Research analyses the North America Horticulture Lighting Market was valued at USD 2,382.15 million in 2022 and is expected to reach the value of USD 9,388.04 million by 2030, at a CAGR of 18.70% during the forecast period 2023-2030. The adoption of vertical greenhouses in North America is a key driver for the horticulture lighting market. This trend, aimed at maximizing space and enhancing crop yield efficiency, necessitates specialized lighting systems to ensure uniform light distribution across vertically stacked layers of crops, thereby boosting the demand for horticulture lighting solutions in the region.

Key Findings of the Study

Growing government policies and incentives is expected to drive the market's growth rate

Supportive government policies and incentives play a pivotal role in propelling the growth of the North America horticulture lighting market. Initiatives promoting sustainable agriculture and technological innovation create a favorable business environment, encouraging investments in advanced horticulture lighting solutions. These measures drive adoption and foster a climate where businesses are incentivized to embrace energy-efficient and environmentally friendly practices. As governments, prioritize sustainability, the horticulture lighting market benefits from a conducive regulatory landscape, providing a significant impetus for the industry's expansion.

Report Scope and Market Segmentation

Segment Analysis:

The North America horticulture lighting market is segmented on the basis of type, offering, technology, lighting type, application, deployment, and cultivation.

• On the basis of type, the North America horticulture lighting market is segmented into infrared (880 nm and 935 nm), red (660 nm), blue (470 nm), red + white (600 to 700 nm), and others
• On the basis of offering, the North America horticulture lighting market is segmented into hardware, software and services
• On the basis of technology, the North America horticulture lighting market is segmented into fluorescent, high-intensity discharge (hid), light-emitting diode (led), and other technologies
• On the basis of lighting type, the North America horticulture lighting market is segmented into top lighting, and inter lighting
• On the basis of application, the North America horticulture lighting market is segmented into greenhouses, vertical farming, indoor farming, and others
• On the basis of deployment, the North America horticulture lighting market is segmented into turnkey, and retrofit
• On the basis of cultivation, the North America horticulture lighting market is segmented into fruits and vegetables, and floriculture

Major Players

Data Bridge Market Research recognizes the following companies as the major North America horticulture lighting market players in North America horticulture lighting market are Heliospectra AB (Sweden), excite LED Grow Lights (Switzerland), Greens Hydroponics (U.K.), UPSHINE Lighting (China), TESLUX Lighting s.r.o. (Czechia), Hortisystems U.K. Ltd (U.K.), ProGrowTech (U.S.), Ronfell Group (U.K.), General Electric  (U.S.)

Market Developments

• In July 2022, GE Current strategically underwent a substantial transformation aimed at bolstering its product range and distribution capabilities which involved a comprehensive rebranding effort and a noteworthy acquisition that welcomed Hubbell Lighting into the GE Current fold. The decision to rebrand was predominantly motivated by the strategic acquisition of Hubbell Lighting, which proved instrumental in amplifying GE Current's product portfolio and fortifying its distribution network. The seamless integration of Hubbell Lighting marked a pivotal moment for GE Current, signifying the initiation of a new phase in the company's evolution
• In June 2022, ams OSRAM GmbH, headquartered in Premstatten, Austria, and Munich, Germany, launched the OSLON Optimal family of LEDs. These cutting-edge LEDs are built on the latest 1mm2 chip technology, specifically designed for horticulture lighting. The OSLON Optimal LEDs initially debuted in Hyper Red (660nm) and Far Red (730nm) colors, with Deep Blue and Horti White versions expected to follow shortly. The 3.0mm x 3.0mm footprint of these LEDs makes them particularly well-suited for horticulture lighting fixtures in vertical farms and high-density greenhouses. The diverse color options empower fixture manufacturers to address the specific spectral requirements of various horticulture applications
• In March 2022, Acuity Brands made a significant stride in the horticulture lighting sector with the launch of Verjure, a professional-grade LED lighting solution tailored for indoor horticulture applications. Developed through extensive academic, plant-based research, the Verjure Pro Series LED luminaires are crafted to support all stages of plant growth, from vegetative to flowering phases. With three different sizes and outputs, the Verjure Pro Series offers versatility for a range of growing environments, including indoor warehouses, greenhouses, and vertical racks. Notably, these luminaires are IP66-rated for waterproofing and boast robust 6kV surge protection, ensuring durable and consistent performance
• In September 2020, Fluence Bioengineering, a business unit under Osram and referred to as Fluence by Osram, announced a strategic collaboration with Israel-based Remy 108 Ltd. The focus of this partnership was on the distribution of new solid-state lighting (SSL) solutions, particularly targeting the growing legalized cannabis market in Israel. This collaboration showcased Fluence by Osram's commitment to advancing technology in the horticulture sector, aligning with the evolving landscape of cannabis cultivation

Regional Analysis

Geographically, the countries covered in the North America horticulture lighting market report are U.S., Canada and Mexico in North America.

As per Data Bridge Market Research analysis:

U.S. is the dominant country in North America horticulture lighting market during the forecast period 2023-2030

In the North America, U.S. dominates in the horticulture lighting market, due to the rising demand for indoor farms and vertical greenhouses. This trend is driven by a shift towards more sustainable agricultural practices and the need for year-round cultivation in controlled environments. Horticulture lighting's energy efficiency compared to traditional lighting methods is a key catalyst for market expansion, aligning with the global emphasis on sustainable technologies. The U.S. dominance in this sector reflects its proactive adoption of advanced agricultural technologies and underscores the pivotal role horticulture lighting plays in reshaping the agricultural landscape in the region.

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