Australia Horticulture Light Market Size & Outlook, 2025-2030
Australia Horticulture Light Market Size
According to Straits Research analysis, the Australia Horticulture Light Market was valued at USD 205.39 Million in 2024 and is projected to reach USD 578.07 Million by 2030, expanding at a CAGR of 21.2% during the forecast period. The escalating demand is largely driven by agriculture industries cultivating indoor plants. Given Australia's focus on sustainable methods, there is a growing shift towards green production. Other key industry drivers include the use of advanced LED lighting technology in the horticulture sector, enhancing crop yield and quality. In addition, the country's potential for light products export contributes to the positive market outlook. Looking ahead, Australia appears to be asserting itself as a forerunner in the adoption and innovation of horticulture lighting, leveraging the trend of eco-friendly cultivation and tech-enabled farming.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Australia Horticulture Light Market Highlights
- By segment, Toplighting emerged as the largest Lighting Type in terms of market size in 2024.
- Interlighting is anticipated to remain the most attractive Lighting Type segment, recording the fastest growth during the forecast period.
- Australia contributed 1.53% to the global horticulture light market size in 2024.
- By 2030, United States is forecasted to remain the largest global market for horticulture light market.
- In Asia Pacific, China is projected to capture the leading share of market by 2030.
- Among Asia Pacific markets, India is expected to post the fastest growth, reaching 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 205.39 Million |
| Market Size In 2030 | USD 578.07 Million |
| Largest segment | Toplighting |
| Fastest segment | Interlighting |
| Units | Revenue in USD Million |
| CAGR | 21.2% (2025-2030) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Australia Horticulture Light Market Share By Lighting Type
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Lighting Type |
|
| Lighting Technology |
|
| Application |
|
Australia Horticulture Light Market By Lighting Type 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
Australia Horticulture Light Market By Lighting Technology 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
Australia Horticulture Light Market By Application 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
