- In July 2024, Huisman Chrysanten combined the Philips GrowWise Control System with Hoogendoorn’s IIVO climate computer to enhance LED lighting management for their crops. This integration enables precise adjustments of the intensity and spectrum of Philips LEDs, tailored to the specific needs of the plants. The system optimization ensures better crop growth and energy efficiency
- In June 2024, MechaTronix launched the Coolstack Growlight, featuring Osram OSCONIQ P3737 LEDs designed for high-wire crops. These LEDs are paired with specially designed optics tailored for tall-growing crops such as tomatoes and cucumbers. The new lighting solution optimizes plant growth by providing targeted light conditions for these specific crop types
- In May 2024, Valoya India teamed up with LettUs Grow to provide a comprehensive solution for vertical farming businesses. The collaboration focuses on improving crop quality, increasing yields, and minimizing water usage through advanced aeroponic technology. This integrated approach aims to optimize efficiency and sustainability in vertical farming operations
- In November 2023, Acuity Brands acquired Arize Horticultural Lighting from Current Lighting Solutions to strengthen its presence in the controlled environment agriculture market. This acquisition allows Acuity Brands to expand its product portfolio and offer advanced lighting solutions tailored to the needs of indoor farming. The move is aimed at enhancing the company's position in the growing market for sustainable agricultural technologies
- In June 2023, Signify Holding, a global leader in lighting, assisted Topline Gerbera Nursery in switching from HPS to full LED lighting. The Philips GreenPower LED toplighting system provided superior illumination, cutting energy consumption by 40% and enabling year-round cultivation. This transition not only improved operational efficiency but also enhanced the nursery’s brand image by showcasing its commitment to sustainability and innovation
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
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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.
