Global Horticulture Lighting Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Horticulture Lighting Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Horticulture Lighting market size was valued at USD 2442.3 million in 2023 and is forecast to a readjusted size of USD 4745.1 million by 2030 with a CAGR of 10.0% during review period.

Horticultural Lighting are designed to increase plant growth by stimulating photosynthesis with different wavelengths.

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.

The Global Info Research report includes an overview of the development of the Horticulture Lighting industry chain, the market status of Greenhouses (Fluorescent Lamps, High-intensity Discharge (HID) Lights), Vertical Farming (Fluorescent Lamps, High-intensity Discharge (HID) Lights), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Horticulture Lighting.

Regionally, the report analyzes the Horticulture Lighting markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Horticulture Lighting market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Horticulture Lighting market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Horticulture Lighting industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Fluorescent Lamps, High-intensity Discharge (HID) Lights).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Horticulture Lighting market.

Regional Analysis: The report involves examining the Horticulture Lighting market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Horticulture Lighting market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Horticulture Lighting:

Company Analysis: Report covers individual Horticulture Lighting manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Horticulture Lighting This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Greenhouses, Vertical Farming).

Technology Analysis: Report covers specific technologies relevant to Horticulture Lighting. It assesses the current state, advancements, and potential future developments in Horticulture Lighting areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Horticulture Lighting market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Horticulture Lighting market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Fluorescent Lamps
High-intensity Discharge (HID) Lights
LED Lights
Others

Market segment by Application
Greenhouses
Vertical Farming
Indoor Farming
Others

Major players covered
Philips Lighting
Gavita Holland
GE Lighting
OSRAM
Agrolux
Heliospectra
Hortilux Schreder
Lumileds
PARsource
Illumitex
Hubbell
Maxigrow
Bridgelux
Eye Hortilux
LumiGrow

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Horticulture Lighting product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Horticulture Lighting, with price, sales, revenue and global market share of Horticulture Lighting from 2019 to 2024.

Chapter 3, the Horticulture Lighting competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Horticulture Lighting breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Horticulture Lighting market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Horticulture Lighting.

Chapter 14 and 15, to describe Horticulture Lighting sales channel, distributors, customers, research findings and conclusion.