Global Horticulture Lighting Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Offering;

Hardware, Software , and Services.

By Technology;

Fluorescent, High-Intensity Discharge, LED, and Others.

By Lighting Type;

Toplighting, and Interlighting.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn114788878 Published Date: March, 2025 Updated Date: May, 2025

Introduction

Global Horticulture Lighting Market (USD Million), 2021 - 2031

In the year 2024, the Global Horticulture Lighting Market was valued at USD 7,213.98 million. The size of this market is expected to increase to USD 23,253.97 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 18.2%.

LED lights have emerged as the forefront technology in the horticulture sector, thanks to their straightforward installations and cost-effective solutions. Compared to traditional light sources, LEDs offer affordability and longevity, making them a preferred choice for growers. Unlike conventional bulbs that burn out over time, LEDs maintain their luminosity for over 50,000 hours, ensuring high reliability and reduced maintenance costs. This durability factor, coupled with their energy efficiency, positions LEDs as a sustainable and practical lighting solution for horticultural applications.

The rise of vertical farming is expected to be fueled by increasing consumer demand for fresh produce and growing awareness of its benefits. Initiatives like the Netherlands' research into the economic feasibility of vertical farming in urban areas underscore the industry's potential for growth and innovation. Major players in the LED industry, such as ams-OSRAM, are investing heavily in advancing LED technologies to support the evolving needs of horticulture.

For instance, ams-OSRAM's significant investment in Malaysia aims to bolster the production of breakthrough LED technologies and microLEDs, aligning with their goal to achieve carbon neutrality by 2030. As concerns over diminishing agricultural land and rising population intensify, the necessity for alternative farming methods becomes increasingly apparent, further driving demand for innovative solutions like LED lighting in horticulture.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Offering
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Lighting Type
    4. Market Snapshot, By Region
  4. Global Horticulture Lighting Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Demand for Controlled Environment Agriculture (CEA)
        2. Growing Focus on Food Security and Sustainability
        3. Advancements in LED Technology
        4. Government Initiatives and Support
        5. Focus on Plant Health and Quality
      2. Restraints
        1. High Initial Investment
        2. Energy Consumption
        3. Technical Expertise
        4. Limited Regulatory Framework
      3. Opportunities
        1. Controlled Environment Agriculture (CEA)
        2. Increasing Demand for Fresh Produce
        3. Technological Advancements
        4. Vertical Farming Expansion
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Horticulture Lighting Market, By Offering, 2021 - 2031 (USD Million)
      1. Hardware
      2. Software
      3. Services
    2. Global Horticulture Lighting Market, By Technology, 2021 - 2031 (USD Million)
      1. Fluorescent
      2. High-Intensity Discharge
      3. LED
      4. Others
    3. Global Horticulture Lighting Market, By Lighting Type, 2021 - 2031 (USD Million)
      1. Toplighting
      2. Interlighting
    4. Global Horticulture Lighting Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
      4. Rest of Asia Pacific
        1. Middle East & Africa
        2. GCC
        3. Israel
        4. South Africa
      5. Rest of Middle East & Africa
        1. Latin America
        2. Brazil
        3. Mexico
        4. Argentina
        5. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Gavita Holland B.V
      2. Agrolux
      3. Heliospectra
      4. Illumitex
      5. Lumileds
      6. Hortilux Schreder B.V.
      7. GE Lighting
  7. Analyst Views
  8. Future Outlook of the Market