Middle East And Africa Horticulture Lighting Market
Market Size in USD Billion
CAGR :
% 
 Forecast Period |
2024 –2031 |
 Market Size (Base Year) |
USD 521.79 Million |
 Market Size (Forecast Year) |
USD 918.98 Million |
 CAGR |
% |
| Major Markets Players |
|
Middle East and Africa Horticulture Lighting Market segmentation, By Offering (Hardware, Software & Services), Deployment (Turnkey, Retrofit), Technology (Fluorescent Lamps, HID Lights, LED Lights, Other), Lighting Type (Toplighting, Interlighting), Cultivation (Fruits and Vegetables, Floriculture), Application (Greenhouses, Vertical Farming, Indoor Farming, Others – Industry Trends and Forecast to 2031.
Middle East and Africa Horticulture Lighting Market Size
Middle East & Africa horticulture lighting market size was valued at USD 521.79 million in 2023 and is projected to reach USD 918.98 million by 2031, with a CAGR of 15.2% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
|
Attributes |
Horticulture Lighting Market Key Market Insights |
|
Segmentation |
By Offering: Hardware, Software & Services By Deployment: Turnkey, Retrofit By Technology: Fluorescent Lamps, HID Lights, LED Lights, Other By Lighting Type: Toplighting, Interlighting By Cultivation: Fruits and Vegetables, Floriculture By Application: Greenhouses, Vertical Farming, Indoor Farming |
|
Countries Covered |
Saudi Arabia, U.A.E, South Africa, Egypt and Rest of Middle East and Africa. |
|
Key Market Players |
Signify Holding, SAMSUNG, Cree, Inc, and OSRAM GmbH., |
Middle East and Africa Horticulture Lighting Market Definition
Horticulture lighting allows the cultivation of the plants without any need of daylight through providing them artificial lights for the photosynthesis process in plants. The LED lights are the advanced technology which is used in the horticulture industry as it offers easy installations and low-cost solutions to the customer.
Middle East and Africa Horticulture Lighting Market Dynamics
Increasing demand of organic food, accelerates the adoption of farming technologies such as indoor and vertical farming, which drives the market for horticulture lighting in the Middle East & Africa region. The increasing demand for vertical farming in the Middle East & Africa region has resulted in to surge of horticulture lighting market. Poor weather conditions in the Middle Eastern region hamper the growth of crops, which recognizes the need of indoor farming technology. This need ultimately boosts the demand for horticulture lighting market.
This horticulture lighting market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Middle East and Africa Horticulture Lighting Market Scope
The market is segmented on the basis of offering, deployment, technology, lighting type, cultivation, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Offering
- Hardware
- Software
- Services
Deployment
- Turnkey Solutions
- Retrofit Solutions
Technology
- Fluorescent Lamps
- HID Lights
- LED Lights
- Other
Lighting Type
- Toplighting
- Interlighting
- Photoperiodic Lighting
- Supplemental Lighting
- Sole-source Lighting
Cultivation
- Fruits and Vegetables
- Floriculture
Application
- Greenhouses
- Vertical Farming
- Indoor Farming
- Others.
Horticulture Lighting Market Regional Analysis
Middle East and Africa market is analyzed and market size information is provided by country, by offering, deployment, technology, lighting type, cultivation and application as referenced above.
The countries covered in the horticulture lighting market report are Saudi Arabia, U.A.E, South Africa, Egypt and Rest of Middle East and Africa.
Middle East & Africa horticulture lighting market is growing due to high demand of nutritious food is expected to grow at the significant growth rate in the forecast period of 2023 to 2031.The market players in the Middle East & Africa horticulture lighting market are taking initiatives to enhance the market. For instance, In May, OSRAM's Fluence introduced horticultural led lighting alternatives for the EMEA (European and Middle East and Africa) industry. These full-spectrum LED lights will substitute traditional lighting and assist growers generate plants of high quality. This will assist OSRAM to expand its client base in both the European and Middle East and Africa (EMEA) markets.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, and regulatory act and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of regional brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Horticulture Lighting Market Share
Middle East and Africa horticulture lighting market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to market.
Middle East and Africa Horticulture Lighting Market Leaders Operating in the Market Are:
- Signify Holding
- SAMSUNG
- Cree, Inc
- OSRAM GmbH
Latest Developments in Horticulture Lighting Market
- In August 2019, TE Connectivity launched ELCON Micro Wire-to-Board Solutions which helps to prevent the plugs mating in the wrong way. It can provide current up to 12.5A per pin and is extremely reliable. This product launch helps the company to offer wide range of products to customers which caters the requirement of high current in limited space
- In June 2018, TE Connectivity has launched ELCON Micro Power Connectors which can deliver 12.5A per pin current when used with industry footprint of 3.0mm. These connectors can be useful for switches, servers, testing machines and storage devices. This development helps the company to enhance their product portfolio by providing flexible connectors
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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