Brazil Horticulture Light Market Size & Outlook, 2025-2030
Brazil Horticulture Light Market Size
According to Straits Research analysis, the Brazil Horticulture Light Market was valued at USD 304.66 Million in 2024 and is projected to reach USD 654.11 Million by 2030, expanding at a CAGR of 19.4% during the forecast period. Recognizable demand from industries like agriculture and energy is significantly driving this growth. Being critical in modulating plant growth, these lights have found a multitude of applications ranging from soil-less modern farmhouses to traditional agriculture. New trends such as green production and sustainability, along with technological advancements have created ample opportunities for market expansion. Additionally, the growing export potential adds another dimension to its market value. Positioned strategically in a robust economy, Brazil stands strong in leveraging these opportunities, thereby shaping a promising future for the Horticulture Light Market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Brazil Horticulture Light Market Highlights
- By 2024, Toplighting represented the largest share of the Lighting Type market size.
- Interlighting is expected to remain the key growth driver within Lighting Type, registering the fastest CAGR during the forecast period.
- Brazil contributed 1.88% 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 Latin America, Rest of Latin America is projected to capture the leading share of market by 2030.
- Among Latin America markets, Mexico is expected to post the fastest growth, reaching USD 4707 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 252.35 Million |
| Market Size In 2030 | USD 650.36 Million |
| Largest segment | Toplighting |
| Fastest segment | Interlighting |
| Units | Revenue in USD Million |
| CAGR | 19.4% (2025-2030) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Brazil Horticulture Light Market Share By Lighting Type
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Lighting Type |
|
| Lighting Technology |
|
| Application |
|
Brazil Horticulture Light Market By Lighting Type 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
Brazil Horticulture Light Market By Lighting Technology 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
Brazil Horticulture Light Market By Application 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
