Global Horticulture Lighting Market Research Report: Growth, Share, Value, Size, and Analysis

"Global Horticulture Lighting Market Size, Share, and Trends Analysis Report—Industry Overview and Forecast to 2032

Executive Summary:

The global horticulture lighting market size was valued at USD 2.97 billion in 2024 and is projected to reach USD 12.55 billion by 2032, with a CAGR of 19.70% during the forecast period of 2025 to 2032. I

Horticulture Lighting Market Poised for Robust Growth Amidst Dynamic Industry Trends

The Horticulture Lighting Market is experiencing unprecedented growth driven by rapid technological advancements, evolving consumer preferences, and increasing global demand across multiple sectors. Comprehensive market research reveals that businesses are investing heavily in innovation and sustainability, which is reshaping the competitive landscape. Key factors such as digital transformation, regulatory developments, and heightened focus on efficiency are propelling market expansion. With a broad application base spanning industries from healthcare and manufacturing to finance and consumer goods, the Horticulture Lighting Market is positioned to deliver significant value to stakeholders worldwide.

Market analysts forecast that the Horticulture Lighting Market will continue to expand at a strong compound annual growth rate (CAGR) over the next five years, supported by increased adoption of cutting-edge solutions and strategic partnerships. Regional insights highlight emerging markets gaining momentum due to favorable economic policies and infrastructure improvements, while established markets are leveraging advanced technologies to maintain leadership. The convergence of innovation and market demand is creating a fertile environment for sustained growth, making the Horticulture Lighting Market an essential focus for investors, businesses, and industry leaders aiming to capitalize on future opportunities.

Discover the latest trends, growth opportunities, and strategic insights in our comprehensive Horticulture Lighting Market report.

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Horticulture Lighting Market Overview

**Segments**

- **Light Type:** The horticulture lighting market can be segmented by light type into LED, high-intensity discharge (HID), fluorescent, and others. LED lights are gaining significant traction in the market due to their energy efficiency, long lifespan, and customizable spectral output which can enhance plant growth and yield.

- **Application:** Horticulture lighting finds applications in indoor farming, greenhouses, vertical farming, and turfs & landscaping. Indoor farming is seeing a surge in demand as it allows year-round production of crops in controlled environments, reducing dependency on traditional agricultural practices and weather conditions.

- **Technology:** Segmentation by technology includes traditional and customized horticulture lighting solutions. Customized solutions are becoming popular as they can be tailored to specific crop requirements, ensuring optimal growth conditions and maximizing yield.

**Market Players**

- **Signify (Philips) N.V.:** Signify is a key player in the horticulture lighting market, offering a wide range of LED grow lights tailored for different crop types and growth stages. The company's focus on innovation and sustainability has solidified its position in the market.

- **OSRAM GmbH:** OSRAM is another prominent player known for its high-quality horticulture lighting solutions that cater to diverse cultivation needs. The company's emphasis on research and development has enabled it to introduce cutting-edge lighting technologies for enhanced plant growth.

- **General Electric Company:** GE offers an extensive portfolio of horticulture lighting products, including LED and HID lights designed to optimize plant photosynthesis and overall crop performance. The company's commitment to sustainability and eco-friendly lighting solutions has resonated well with environmentally conscious growers.

- **Heliospectra AB:** Heliospectra specializes in advanced LED lighting systems for horticulture applications, providing precise control over light spectrum and intensity to support plant growth. The company's focus on digitalization and data-driven cultivation has garnered attention in the market.

The global horticulture lightingThe horticulture lighting market is currently witnessing a significant evolution driven by various segments such as light type, application, and technology. LED lights have emerged as a popular choice among growers due to their exceptional energy efficiency, long operational lifespan, and the ability to provide a customized spectral output to enhance plant growth and yield. As the focus on sustainable and efficient farming practices grows, LED lights are expected to further penetrate the market, gradually replacing traditional lighting solutions like HID and fluorescent options. The flexibility and benefits offered by LEDs make them integral to modern horticultural practices.

In terms of applications, indoor farming is experiencing a notable surge in demand due to its ability to enable year-round cultivation in controlled environments. By minimizing reliance on external factors such as weather conditions and soil quality, indoor farming provides growers with the opportunity to optimize crop production and quality throughout the year. Greenhouses, vertical farming, and turfs & landscaping are other key applications driving the adoption of horticulture lighting solutions, each with its unique requirements and benefits in terms of crop cultivation and management.

When considering technology segmentation, the market is divided between traditional and customized horticulture lighting solutions. Customized solutions are increasingly favored by growers as they offer the flexibility to tailor lighting parameters to specific crop requirements, thereby creating optimal growth conditions and maximizing yields. The trend towards customization reflects the growing demand for precision farming practices that leverage technology to enhance productivity and sustainability in horticulture.

In the landscape of market players, key companies such as Signify (Philips) N.V., OSRAM GmbH, General Electric Company, and Heliospectra AB are driving innovation and competition. Signify's range of LED grow lights tailored for different crop types and growth stages, combined with a focus on sustainability and innovation, has cemented its position as a leading player in the market. OSRAM's emphasis on research and development has enabled the company to introduce cutting-edge lighting technologies that cater to diverse cultivation needs, while GE's commitment to eco-friendly lighting solutions aligns**Market Players:**

- OSRAM AG (Germany)

- Samsung (South Korea)

- ACUITY BRANDS, INC. (U.S.)

- The Scotts Company LLC (U.S.)

- Signify Holding (Netherlands)

- EVERLIGHT ELECTRONICS CO., LTD. (Taiwan)

- TE Connectivity (Switzerland)

- Cree LED, an SGH company (U.S.)

- UPSHINE Lighting (China)

- SAVANT TECHNOLOGIES LLC (U.S.)

- Valoya, Inc. (Finland)

- Hortilux Schréder (Netherlands)

- Excite LED Grow Lights (U.S.)

- Horticulture Lighting Group (U.S.)

- Thrive Agritech (U.S.)

- California LightWorks (U.S.)

- Agnetix (U.S.)

- Active Grow (U.S.)

- Heliospectra (Sweden)

- Midstream Ltd. (U.K.)

- Forge Europa (U.K.)

- TESLUX Lighting s.r.o. (Czech Republic)

- The Ronfell Group (U.K.)

The horticulture lighting market is witnessing a significant transformation driven by an array of factors such as technological advancements, changing consumer preferences, and a growing emphasis on sustainable agricultural practices. LED lights have emerged as a game-changer in the industry due to their remarkable energy efficiency, long lifespan, and the ability to customize spectral outputs for optimized plant growth. As the market evolves, LED lights are projected

The Horticulture Lighting Market is highly fragmented, featuring intense competition among both global and regional players striving for market share. To explore how global trends are shaping the future of the top 10 companies in the keyword market.

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Regional Outlook

North America:

The Horticulture Lighting Market in North America is driven by advanced technological infrastructure, strong consumer demand, and supportive government policies. The United States holds the largest share due to early adoption and robust investment.

Europe:

Europe showcases steady growth in the Horticulture Lighting Market, supported by strict regulatory frameworks, sustainability initiatives, and innovation-led economies. Key contributors include Germany, the U.K., and France.

Asia-Pacific:

Asia-Pacific is the fastest-growing region for the Horticulture Lighting Market, fueled by population growth, urbanization, and industrial expansion. China, India, and Japan are major markets with high potential.

Latin America:

Growth in Latin America is moderate but rising, driven by expanding middle-class populations and increasing awareness of Horticulture Lighting Market applications. Brazil and Mexico are the leading countries.

Middle East & Africa:

The Horticulture Lighting Market in this region is gaining momentum due to infrastructural developments, diversification efforts, and rising investments. The UAE, Saudi Arabia, and South Africa are key players.

Competitive Landscape

OSRAM AG (Germany), Samsung (South Korea), ACUITY BRANDS, INC. (U.S.), The Scotts Company LLC (U.S.), Signify Holding (Netherlands), EVERLIGHT ELECTRONICS CO., LTD. (Taiwan), TE Connectivity (Switzerland), Cree LED, an SGH company (U.S.), UPSHINE Lighting (China), SAVANT TECHNOLOGIES LLC (U.S.), Valoya, Inc. (Finland), Hortilux Schréder (Netherlands), excite LED Grow Lights (U.S.), Horticulture Lighting Group (U.S.), Thrive Agritech (U.S.), California LightWorks (U.S.), Agnetix (U.S.), Active Grow (U.S.), Heliospectra (Sweden), Midstream Ltd. (U.K.), Forge Europa (U.K.), TESLUX Lighting s.r.o. (Czech Republic), and The Ronfell Group (U.K.)

Future Trends— Global Horticulture Lighting Market

Upcoming Technologies:

The Horticulture Lighting Market will witness rapid adoption of cutting-edge technologies such as artificial intelligence, machine learning, the Internet of Things (IoT), blockchain, and automation. These technologies are expected to enhance operational efficiency, enable real-time data-driven decisions, and introduce innovative products and services.

Consumer Behavior Changes:

The Horticulture Lighting Market will be shaped by changes in consumer preferences toward offerings that are experience-driven, convenient, and personalized. Increasing demand for transparency, digital engagement, and value-driven purchases will push companies to innovate their marketing and product strategies.

Sustainability Trends:

Sustainability will be a critical focus, with consumers and regulators alike driving demand for eco-friendly materials, energy-efficient processes, and circular economy initiatives. Businesses are anticipated to prioritize green innovations to reduce carbon footprints and meet stricter environmental regulations.

Expected Innovations:

The market is expected to see significant innovations, including smart products, integration of advanced analytics for predictive insights, and development of new materials or solutions tailored to emerging needs. Collaboration between technology firms and industry leaders will accelerate these innovations.

Why This Report is Valuable

This report provides in-depth industry insights that help stakeholders understand the current market landscape, key drivers, challenges, and growth opportunities within the Horticulture Lighting Market. It offers regional and segment-wise forecasts that enable precise market planning and targeted investment strategies tailored to specific geographic areas and product/service segments.

The report includes comprehensive competitor benchmarking, allowing businesses to evaluate their position relative to key players, understand competitive strategies, and identify gaps or opportunities for differentiation. Additionally, it delivers actionable strategic recommendations based on market trends and data analysis to support informed decision-making, optimize business growth, and enhance market presence.

Top 15 FAQs About the Global Horticulture Lighting Market Research Report

• What key segments are analyzed in the Horticulture Lighting Market report?
• Which regions show the highest growth potential in the Horticulture Lighting Market ?
• What time frame does the Horticulture Lighting Market report cover for forecasts?
• What are the major drivers influencing the growth of the Horticulture Lighting Market?
• Who are the leading competitors in the Horticulture Lighting Market?
• How is market size estimated for the Horticulture Lighting Market?
• What research methodologies are used to compile the Horticulture Lighting Market report?
• Does the report discuss regulatory impacts on the Horticulture Lighting Market?
• Are emerging technologies covered in the Horticulture Lighting Market analysis?
• How does consumer behavior affect the Horticulture Lighting Market trends?
• What sustainability trends are impacting the Horticulture Lighting Market?
• Does the report include a SWOT analysis of key players in the Horticulture Lighting Market?
• How frequently is the Horticulture Lighting Market report updated?
• Can the Horticulture Lighting Market report be customized for specific business needs?
• What are the future opportunities and challenges identified in the Horticulture Lighting Market?

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