Horticulture Lighting Market Leaders: Growth, Share, Value, Size, and Scope

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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.

"Horticulture Lighting Market Size And Forecast by 2032

According to Data Bridge Market Research 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

Our comprehensive Horticulture Lighting Market report is ready with the latest trends, growth opportunities, and strategic analysis. https://www.databridgemarketresearch.com/reports/global-horticulture-lighting-market

**Segments**

- **Type**: The horticulture lighting market can be segmented based on type into grow lights, LED lights, high-intensity discharge lights, and others. Grow lights are widely used in horticulture for promoting plant growth during all stages of development. LED lights are gaining popularity due to their energy efficiency and customizable spectrum options.

- **Technology**: In terms of technology, the market can be categorized into fluorescent lighting, high-intensity discharge lighting, LED lighting, and others. LED lighting technology is witnessing significant growth in the horticulture industry due to its energy-efficient nature and ability to provide specific light spectrums for different plant types.

- **Application**: Horticulture lighting finds applications in indoor farming, vertical farming, commercial greenhouses, and research. Indoor farming is a key application segment due to the increasing demand for year-round fresh produce, driving the need for artificial lighting solutions.

**Market Players**

- **Signify Holding**: A leading player in the horticulture lighting market, Signify offers a wide range of grow lights and LED solutions for optimal plant growth. The company focuses on innovation and sustainability in its lighting products.

- **Osram GmbH**: Osram is a prominent player in the horticulture lighting market, providing high-quality lighting solutions for various horticulture applications. The company's products are known for their reliability and efficiency.

- **General Electric Company (GE)**: General Electric offers an extensive range of horticulture lighting solutions, including LED lights and high-intensity discharge lights. The company's focus on technological advancements drives its presence in the market.

- **Lumileds Holding B.V.**: Lumileds is a key player known for its innovative LED lighting solutions for horticulture. The company's products are designed to enhance plant growth and improve yields in controlled environments.

The global horticulture lighting market is witnessing significant growth driven by the increasing adoption of indoor farming practices and the growing demand for energy-efficient lighting solutions in agriculture. Technological advancements in grow lights, particularly LED technology, are revolutionizing the horticulture industry by providing customizable lighting spectrums for different plant types. The market players mentioned above are at the forefront of innovation, offering cutting-edge lighting solutions to meet the evolving needs of horticulturists worldwide.

For more detailed insights, refer to https://www.databridgemarketresearch.com/reports/global-horticulture-lighting-market The global horticulture lighting market is poised for substantial growth in the coming years, driven by several key factors reshaping the industry landscape. One crucial trend influencing market dynamics is the increasing emphasis on sustainable agricultural practices and the adoption of indoor farming solutions. As urbanization continues to rise and arable land becomes scarce, indoor and vertical farming methods are gaining traction as viable alternatives to traditional agriculture. Horticulture lighting plays a pivotal role in enabling these practices by providing the necessary light spectra for optimal plant growth and development in controlled environments.

Moreover, the growing awareness of food security and the demand for year-round production of fresh produce are fueling the adoption of horticulture lighting solutions across various applications. Commercial greenhouses are increasingly integrating advanced lighting technologies to enhance crop yields and quality, while research facilities leverage lighting systems to conduct experiments and optimize plant growth conditions. The versatility of horticulture lighting in catering to diverse applications underscores its importance in modern agriculture and signifies a lucrative market opportunity for players in the industry.

Innovations in lighting technologies, particularly the rapid advancements in LED lighting solutions, are reshaping the horticulture lighting market landscape. LED lights have emerged as a preferred choice for horticulturists due to their energy efficiency, long lifespan, and the ability to tailor light spectra to meet specific plant requirements. The customizable nature of LED lighting allows growers to optimize light conditions for different growth stages, resulting in improved crop quality and higher yields. These technological advancements are driving the adoption of horticulture lighting solutions across diverse farming practices, further propelling market growth.

Key market players such as Signify Holding, Osram GmbH, General Electric Company, and Lumileds Holding B.V. are at the forefront of innovation, continually developing advanced lighting solutions to cater to the evolving needs of the horticulture industry. These companies differentiate themselves through product reliability, efficiency, and sustainability, positioning themselves as key players in the competitive market landscape. By investing in research and development activities and forging strategic partnerships, these market leaders are poised to capitalize on the growing demand for horticulture lighting solutions globally.

In conclusion, the global horticulture lighting market presents lucrative opportunities for growth and innovation driven by the increasing adoption of indoor farming practices, technological advancements in lighting solutions, and the focus on sustainability in agriculture. As horticulturists seek reliable and energy-efficient lighting solutions to enhance crop productivity, market players are expected to continue investing in cutting-edge technologies to address these evolving needs effectively. The future of the horticulture lighting market is bright, with prospects for continued expansion and transformation in the agricultural sector.**Segments**

Global Horticulture Lighting Market Segmentation, By Offering:
- Hardware
- Software
- Services

Deployment:
- Turnkey Solution
- Retrofit Solution

Lighting Type:
- Top Lighting
- Supplemental Lighting
- Inter Lighting
- Photoperiodic Lighting
- Sole-Source Lighting

Cultivation:
- Vegetables
- Fruits
- Floriculture

Technology:
- High-Intensity Discharge (HID)
- Fluorescent

Application:
- Greenhouse
- Vertical Farming

**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 global horticulture lighting market is diverse and dynamic, with a wide range of segments contributing to its growth. The segmentation based on offering highlights the importance of hardware, software, and services in providing comprehensive lighting solutions to horticulturists. The deployment segment distinguishes between turnkey solutions and retrofit solutions, catering to different needs and preferences in the market. Lighting types such as top lighting, supplemental lighting, inter lighting, photoperiodic lighting, and sole-source lighting cater to various plant requirements in different cultivation settings, including vegetables, fruits, and floriculture. Technological aspects such as high-intensity discharge (HID) and fluorescent lighting play a crucial role in shaping the market landscape, while applications such as greenhouse and vertical farming showcase the versatility of horticulture lighting solutions.

The market players in the global horticulture lighting industry represent a diverse and competitive landscape with companies from various regions leading the way in innovation and product development. OSRAM AG from Germany, Samsung from South Korea, ACUITY BRANDS, INC. from the U.S., and The Scotts Company LLC are among the prominent players driving market growth. Signify Holding from the Netherlands, EVERLIGHT ELECTRONICS CO., LTD. from Taiwan, and TE Connectivity from Switzerland are actively involved in expanding their product portfolios to meet the evolving needs of the industry. Additionally, companies like Cree LED, UPSHINE Lighting, and SAVANT TECHNOLOGIES LLC are leveraging advanced technologies to stay ahead in the competitive market space. The presence of a diverse range of players, including Valoya, Inc. from Finland, Hortilux Schréder from the Netherlands, and excite LED Grow Lights from the U.S., highlights the global nature of the horticulture lighting market and the opportunities it presents for industry participants.

In conclusion, the global horticulture lighting market continues to evolve and expand, driven by advancements in technology, changing consumer preferences, and the growing need for sustainable agricultural practices. The segmentation of the market into key categories such as offering, deployment, lighting type, cultivation, technology, and application provides valuable insights into the diverse dynamics shaping the industry. With a wide array of market players competing in the landscape, innovation, product differentiation, and strategic partnerships will be crucial for companies looking to capitalize on the lucrative opportunities in the horticulture lighting market.

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The market is highly fragmented, with a mix of global and regional players competing for market share. To Learn More About the Global Trends Impacting the Future of Top 10 Companies in Horticulture Lighting Market :   https://www.databridgemarketresearch.com/reports/global-horticulture-lighting-market/companies

 Key Questions Answered by the Global Horticulture Lighting Market Report:

  • What is the current state of the Horticulture Lighting Market, and how has it evolved?
  • What are the key drivers behind the growth of the Horticulture Lighting Market?
  • What challenges and barriers do businesses in the Horticulture Lighting Market face?
  • How are technological innovations impacting the Horticulture Lighting Market?
  • What emerging trends and opportunities should businesses be aware of in the Horticulture Lighting Market?

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