Global Horticulture Lighting Market Trends

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Global Horticulture Lighting Market Size, Share, and Trends Analysis Report Trends

  • Semiconductors and Electronics
  • Upcoming Report
  • Nov 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Increasing Adoption of LED Lighting Systems”

The horticulture lighting market is evolving rapidly, driven by innovations in lighting technologies and the growing demand for sustainable farming practices. One key trend is the increasing adoption of LED lighting systems, which offer energy efficiency, longer lifespan, and customizable light spectrums to optimize plant growth. Innovations such as smart lighting systems are further transforming the market, enabling remote monitoring and control to enhance precision in lighting management. These advancements are particularly beneficial for indoor and vertical farming, where optimal light conditions are crucial for crop yield. As the demand for organic and locally grown food rises, horticulture lighting solutions are becoming an essential tool in promoting sustainable agricultural practices while meeting food production needs.

Frequently Asked Questions

The market is segmented based on Segmentation, By Offering (Hardware, Software, and Services), Deployment (Turnkey Solution and Retrofit Solution), Lighting Type (Top Lighting, Supplemental Lighting, Inter Lighting, Photoperiodic Lighting, and Sole-Source Lighting), Cultivation (Vegetables, Fruits, and Floriculture), Technology (High-Intensity Discharge (HID) and Fluorescent), Application (Greenhouse and Vertical Farming) – Industry Trends and Forecast to 2032 .
The Global Horticulture Lighting Market size was valued at USD 2.97 USD Billion in 2024.
The Global Horticulture Lighting Market is projected to grow at a CAGR of 19.7% during the forecast period of 2025 to 2032.
The major players operating in the market include OSRAM AG, Samsung, ACUITY BRANDS, The Scotts Company LLC, Signify Holding, EVERLIGHT ELECTRONICS CO., TE Connectivity, Cree LED, UPSHINE Lighting, SAVANT TECHNOLOGIES LLC, Valoya, Hortilux, excite LED Grow Lights, Horticulture Lighting Group, Thrive Agritech, California LightWorks, Agnetix, Active Grow, Heliospectra, Midstream , Forge Europa., TESLUX Lighting s.r.o., The Ronfell Group.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.