Horticulture Lighting Market: Illuminating Growth in Controlled...

Horticulture Lighting Market: Illuminating Growth in Controlled Agriculture

Posted 2024-12-16 14:11:10

Horticulture Lighting Market Size And Forecast by 2031

Demand for Horticulture Lighting Market solutions is fueled by technological advancements and changing consumer preferences, creating new opportunities for companies. The market’s future scope looks promising, with revenue forecasts indicating substantial growth in the coming years. Leaders in the industry are focusing on strategic investments to maintain their competitive edge. Challenges such as regulatory constraints and economic volatility persist, but businesses are addressing them through innovative approaches. A detailed research report provides an overview of these dynamics.

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

Get a Sample PDF of Report - https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-horticulture-lighting-market

Which are the top companies operating in the Horticulture Lighting Market?

The global Horticulture Lighting Market study presents a detailed analysis of the industry, focusing on key trends, market dynamics, and the competitive landscape. It highlights leading companies in the market, examining their strategies and contributions to market share. Additionally, the report offers insights into the Top 10 Companies in Horticulture Lighting Market in the Horticulture Lighting Market, including their business strategies, financial performance, and overall market position.

**Segments**

- **Type:** The horticulture lighting market can be segmented into three main types - Grow Lights, Top Lights, and Interlighting. Grow lights are widely used in vertical and indoor farming to provide artificial light for plants. Top lights are typically used in greenhouses to promote plant growth from above. Interlighting refers to lighting systems placed within the canopy of plants to stimulate growth in specific areas.

- **Technology:** Horticulture lighting technology can be categorized into LED, High-Intensity Discharge (HID), Fluorescent, and Others. LEDs are increasingly popular due to their energy efficiency and customizable spectrum options. HID lights are known for their high output and intensity, making them suitable for larger growing operations. Fluorescent lights are commonly used for small-scale horticulture due to their affordability.

- **Application:** The market for horticulture lighting can be segmented by application into Greenhouses, Vertical Farms, Indoor Farms, and Others. Greenhouses are the traditional application for horticulture lighting, providing controlled environments for plant growth. Vertical farms utilize stacked growing systems in indoor settings, while indoor farms can be located in a variety of urban settings to grow produce closer to consumers.

**Market Players**

- **Signify:** A leading player in the horticulture lighting market, Signify offers a wide range of products under the Philips brand, including LED grow lights and control systems tailored for different crops and growth stages.

- **Osram Licht AG (Part of ams AG):** Osram provides horticulture lighting solutions using LED technology, offering products for various applications such as greenhouse and vertical farming.

- **General Electric Company:** GE offers horticulture lighting solutions using LED technology, with a focus on energy efficiency and spectral tuning to optimize plant growth.

- **Heliospectra AB:** Heliospectra specializes in LED grow lights designed for commercial horticulture, providing solutions that can be customized to meet specific crop requirements.

TheThe horticulture lighting market is witnessing significant growth driven by the increasing adoption of controlled environment agriculture practices such as vertical farming, indoor farming, and greenhouse cultivation. The segmentation of the market based on type, technology, and application provides a comprehensive view of the diverse landscape of horticulture lighting solutions.

In terms of type, grow lights, top lights, and interlighting serve different purposes in horticulture settings. Grow lights are crucial for indoor and vertical farming where natural light may be insufficient, providing plants with the necessary light spectrum for photosynthesis. Top lights are commonly used in greenhouses to ensure uniform light distribution and promote plant growth from above. Interlighting, on the other hand, involves placing lights within the plant canopy to target specific areas for growth stimulation.

The technology segment highlights the different lighting technologies available in the market. LED lighting has gained prominence due to its energy efficiency, longevity, and customizable spectrum options. High-Intensity Discharge (HID) lights are known for their high output and intensity, making them suitable for large-scale operations. Fluorescent lights remain popular for smaller horticulture setups due to their affordability and ease of installation.

When it comes to applications, greenhouses, vertical farms, indoor farms, and other settings showcase the diverse usages of horticulture lighting solutions. Greenhouses have long been the traditional application for horticulture lighting, offering controlled environments for year-round cultivation. Vertical farms leverage stacked growing systems to maximize space efficiency and crop productivity in indoor settings. Indoor farms cater to urban areas where fresh produce is in high demand, reducing transportation costs and environmental impact.

Among the market players, Signify, Osram Licht AG, General Electric Company, and Heliospectra AB are prominent names offering a range of horticulture lighting solutions tailored to different needs. These companies focus on LED technology to provide energy-efficient lighting options with customizable spectrums to optimize plant growth across various crops and growth stages. As the market continues to evolve,**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.)

In the rapidly evolving horticulture lighting market, key trends and drivers are shaping the industry landscape. The growing popularity of controlled environment agriculture methods such as vertical farming, indoor farming, and greenhouse cultivation is propelling the demand for advanced lighting solutions. By segmenting the market based on type, technology, and application, industry players can target specific needs and provide tailored solutions for various horticulture

Explore Further Details about This Research Horticulture Lighting Market Report https://www.databridgemarketresearch.com/reports/global-horticulture-lighting-market

Why B2B Companies Worldwide Choose Us for Revenue Growth and Sustainability

Gain a clear understanding of the Horticulture Lighting Market, its operations, and stages in the value chain.
Explore the current market scenario and assess future growth potential throughout the forecast period.
Strategize effectively for marketing, market entry, expansion, and business plans by analyzing growth factors and buyer behavior.
Stay ahead of competitors by studying their business models, strategies, and prospects.
Make data-driven decisions with access to comprehensive primary and secondary research.

Key Insights from the Global Global Horticulture Lighting Market :

Comprehensive Market Overview: A detailed examination of the global Horticulture Lighting Market.
Industry Trends and Projections: Analysis of historical data (2015 onward) and future growth forecasts, including compound annual growth rates (CAGRs).
Emerging Opportunities: Identification of new market prospects and targeted marketing strategies.
Focus on R&D: Insights into demand for new product launches and innovative applications.
Leading Player Profiles: Detailed profiles of major market participants.
Market Composition: Analysis of dynamic molecule types, targets, and key resources.
Revenue Growth: Examination of global market revenue, segmented by key players and product categories.
Commercial Opportunities: Analysis of sales trends, licensing deals, and co-development opportunities.

Regional Insights and Language Accessibility

North America: United States, Canada, Mexico
Europe: Germany, France, UK, Russia, Italy
Asia-Pacific: China, Japan, Korea, India, Southeast Asia
South America: Brazil, Argentina, Colombia, and others
Middle East and Africa: Saudi Arabia, UAE, Egypt, Nigeria, South Africa

Understanding market trends at a regional level is crucial for effective decision-making. Our reports cater to diverse audiences by offering localized analyses in multiple regional languages. These reports provide tailored insights for specific regions, enabling businesses and stakeholders to access relevant information for informed strategies. By bridging communication gaps, we empower regional markets to thrive and grow. Access our reports in your preferred language for a personalized understanding of industry dynamics.

Data Bridge Market Research:

Contact Us:

Data Bridge Market Research

US: +1 614 591 3140

UK: +44 845 154 9652

APAC: +653 1251 975

Email:- corporatesales@databridgemarketresearch.com"

Please log in to like, share and comment!