Asia Pacific Horticulture Light Market Size
According to Straits Research analysis, the Asia Pacific Horticulture Light Market was valued at USD 3339.76 Million in 2024 and is projected to reach USD 9343.52 Million by 2030, expanding at a CAGR of 21.1% during the forecast period. The robust growth is propelled by an increasing demand from industries such as agriculture and energy. The primary applications of horticulture lights in promoting plant growth in controlled environments and reducing the reliance on natural light are significantly driving demand. Key market growth drivers also include the prospective uses in chemical industry to enhance green production and sustainability. Emerging trends like technological advancements and potential for exports further boost the market growth. The region, with its strategic approaches towards adopting low-carbon production methods and pioneering innovation, is paving the way for a significant position in the global horticulture light market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Asia Pacific Horticulture Light Market Highlights
- By segment, Toplighting was the leading Lighting Type in terms of market size in 2024.
- Interlighting is expected to be the most lucrative Lighting Type segment, exhibiting the fastest growth throughout the forecast period.
- Asia Pacific represented 24.84% of the global horticulture light market size in 2024.
- By 2030, United States is estimated to hold the largest position in the global market in terms of size.
- India is estimated to remain the fastest-growing market in Asia Pacific, advancing to USD 58503 Million by 2030.
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Report Summary
| Report Scope |
Details |
| Base Year for Study |
2024 |
| Study Period |
2021-2030 |
| Historical Period |
2021-2023 |
| Forecast Period |
2025-2030 |
| Market Size In 2024 |
USD 3339.76 Million |
| Market Size In 2030 |
USD 9343.52 Million |
| Largest segment |
Toplighting |
| Fastest segment |
Interlighting |
| Units |
Revenue in USD Million |
| CAGR |
21.1% (2025-2030) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Asia Pacific Horticulture Light Market Share By Lighting Type
Segmentation Covered
| Segments |
Sub Segments |
| Country |
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia Pacific
|
| Lighting Type |
- Toplighting
- Interlighting
|
| Lighting Technology |
- Fluorescent Lamp
- HID Light
- LED Light
- Other
|
| Application |
- Indoor & Vertical Farming
- City Farming
- Greenhouses
- Others
|
Asia Pacific Horticulture Light Market By Country 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
Asia Pacific Horticulture Light Market By Lighting Type 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
Asia Pacific Horticulture Light Market By Lighting Technology 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
Asia Pacific Horticulture Light Market By Application 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.