Semiconductors
Asia-Pacific Horticulture Lighting Market to 2032
Revenue, 2024 (USD Million)
1,713.17
Forecast, 2032 (USD Million)
7,654.00
CAGR, 2024 - 2032
20.38%
Report Coverage
Asia-Pacific
Asia-Pacific Horticulture Lighting Market 2018-2032 USD Million
Asia-Pacific Horticulture Lighting Market, Overview (2024-2032)
Market Growth and Projections:
- Market Size (2024): 1,713.17 USD Million
- Projected Market Size (2032): 7,654.00 USD Million
- CAGR (2024-2032): 20.38%
Key Findings of Asia-Pacific Horticulture Lighting Market
- The Asia-Pacific Horticulture Lighting Market is likely to grow at a CAGR of 20.38% during the forecast period of 2024 to 2032.
- Asia-Pacific Horticulture Lighting Marketsize was valued at 1,713.17 USD Million in 2024.
- In 2024, Turnkey Solution segment dominated the market with the largest market share.
- Software in the product segment is expected to witness the fastest growth during the forecast period.
Asia-Pacific Horticulture Lighting Market Scope
Asia-Pacific Horticulture Lighting Market Segmentation & Scope
Application
- Others
- Vertical Farming
- Greenhouse
Deployment
- Turnkey Solution
- Retrofit Solution
Offering
- Services
- Software
- Hardware
Lighting
- Top Lighting
- Supplemental Lighting
- Sole-Source Lighting
- Photoperiodic Lighting
- Inter Lighting
Technology
- Others
- Fluorescent
- High-Intensity Discharge (HID)
Cultivation
- Floriculture
- Fruits
- Vegetables
Asia-Pacific Horticulture Lighting Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 1,713.17 USD Million |
| Market Value in 2032 | 7,654.00 USD Million |
| CAGR (2024-2032) | 20.38% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Deployment,Offering,Lighting,Technology,Cultivation |
| Largest Segment | Turnkey Solution |
| Fastest Growing Segment | Software |
| Major Players | TE Connectivity, SAMSUNG, Signify Holding, ACUITY BRANDS LIGHTING, INC., ams-OSRAM AG, Others, EVERLIGHT ELECTRONICS CO., LTD. , The Scotts Company LLC, SMART Global Holdings, Inc., Savant Systems, Inc, SANANBIO |
Market Segmentation:
-
Product Segment:
- Largest Segment (2024): Turnkey Solution
- Fastest Growing Segment (2024-2032): Software
Regional Insights:
-
Leading Market (2024-2032): Asia-Pacific
- Key Country: China, leading in terms of revenue and market share by 2032.
Asia-Pacific Horticulture Lighting Market Company Share Analysis
| Name | Market Share | OwnnerShip | HQ | Website |
|---|---|---|---|---|
| TE Connectivity | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| SAMSUNG | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Signify Holding | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| ACUITY BRANDS LIGHTING | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| INC. | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| ams-OSRAM AG | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Others | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| EVERLIGHT ELECTRONICS CO. | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| LTD. | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| The Scotts Company LLC | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| SMART Global Holdings | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Inc. | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Savant Systems | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Inc | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| SANANBIO | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
Asia-Pacific Horticulture Lighting Market Geographical Sales Distribution, 2018-2032 USD Million
Asia-Pacific Horticulture Lighting Market Company Profiling
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Molnlycke Health Care | View profile | 5001-10000 | Gothenburg, Vastra Gotaland, Sweden, Europe | www.molnlycke.com |
| Molnlycke Health Care | View profile | 5001-10000 | Gothenburg, Vastra Gotaland, Sweden, Europe | www.molnlycke.com |
| Molnlycke Health Care | View profile | 5001-10000 | Gothenburg, Vastra Gotaland, Sweden, Europe | www.molnlycke.com |
Frequently Asked Questions
The Asia-Pacific Horticulture Lighting Market is segmented based on Segmentation Application,Deployment,Offering,Lighting,Technology,Cultivation.
Asia-Pacific Horticulture Lighting Market was valued at USD 1,713.17(Revenue in USD Million) in 2022.
Asia-Pacific Horticulture Lighting Market is projected to grow at a CAGR of 20.38% during the forecast period of 2024 to 2032.
The estimated market value of the Asia-Pacific Horticulture Lighting Market for final year is USD 7,654.00 (USD Million).
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