Canada Horticulture Light Market Size & Outlook, 2025-2030
Canada Horticulture Light Market Size
According to Straits Research analysis, the Canada Horticulture Light Market was valued at USD 307.08 Million in 2024 and is projected to reach USD 735.73 Million by 2030, expanding at a CAGR of 18% during the forecast period. This growth is primarily driven by the increased use of horticulture lights in agricultural practices, reducing the dependency on natural light. Major industries contributing to this upsurge include agriculture, and energy sector. A critical driver is the growing focus on indoor farming due to climatic changes and arable land scarcity. Market trends include the rise in green and low-carbon production, advancements in LED technology, and the increase in export possibilities due to high crop yield. As Canada continues emphasizing sustainability and technological innovation, it is positioning itself as a significant contributor to the global horticulture lighting market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Canada 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.
- Canada contributed 2.28% 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 North America, United States is projected to capture the leading share of market by 2030.
- Among North America markets, Canada is expected to post the fastest growth, reaching USD 24106 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 307.08 Million |
| Market Size In 2030 | USD 735.73 Million |
| Largest segment | Toplighting |
| Fastest segment | Interlighting |
| Units | Revenue in USD Million |
| CAGR | 18% (2025-2030) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Canada Horticulture Light Market Share By Lighting Type
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Lighting Type |
|
| Lighting Technology |
|
| Application |
|
Canada Horticulture Light Market By Lighting Type 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
Canada Horticulture Light Market By Lighting Technology 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
Canada Horticulture Light Market By Application 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
