Horticultural Lighting are designed to increase plant growth by stimulating photosynthesis with different wavelengths.
Horticulture Lighting Market aims to provide a comprehensive presentation of the global market for Horticulture Lighting, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Horticulture Lighting. Horticulture Lighting Market contains market size and forecasts of Horticulture Lighting in global, including the following market information:
- Global Horticulture Lighting Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Horticulture Lighting Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Horticulture Lighting companies in 2022 (%)
The global Horticulture Lighting market was valued at US$ 2442.3 million in 2022 and is projected to reach US$ 4745.1 million by 2029, at a CAGR of 10.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
APAC is expected to be the fastest-growing market for horticulture lighting. Growing urbanization in the developing countries of this region positively affects the growth of the horticulture lighting market owing to the rapid population growth and availability of limited agricultural land. APAC constitutes thriving economies, such as Japan, China, India, and Australia, which are expected to register high growth rates in the horticulture lighting market.
We surveyed the Horticulture Lighting manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Horticulture Lighting Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Horticulture Lighting Market Segment Percentages, by Type, 2022 (%)
- Fluorescent Lamps
- High-intensity Discharge (HID) Lights
- LED Lights
- Others
Global Horticulture Lighting Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Horticulture Lighting Market Segment Percentages, by Application, 2022 (%)
- Greenhouses
- Vertical Farming
- Indoor Farming
- Others
Global Horticulture Lighting Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Horticulture Lighting Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Horticulture Lighting revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Horticulture Lighting revenues share in global market, 2022 (%)
- Key companies Horticulture Lighting sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Horticulture Lighting sales share in global market, 2022 (%)
- Further, the report presents profiles of competitors in the market, key players include:
- Philips Lighting
- Gavita Holland
- GE Lighting
- OSRAM
- Agrolux
- Heliospectra
- Hortilux Schreder
- Lumileds
- PARsource
- Illumitex
- Hubbell
- Maxigrow
- Bridgelux
- Eye Hortilux
- LumiGrow
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Horticulture Lighting, market overview.
- Chapter 2: Global Horticulture Lighting market size in revenue and volume.
- Chapter 3: Detailed analysis of Horticulture Lighting manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Horticulture Lighting in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Horticulture Lighting capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.
Industry Market Size
