GCC Horticulture Light Market Size
According to Straits Research analysis, the GCC Horticulture Light Market was valued at USD 329.41 Million in 2024 and is projected to reach USD 564.6 Million by 2030, expanding at a CAGR of 13.6% during the forecast period. The growth is primarily attributed to the increased demand in agriculture, particularly in sustainable farming practices across the region. Further, advancements in LED technology and its efficient energy consumption fuel the market. Increasing focus on low-carbon production and green technologies offer significant opportunities. Additionally, the growing potential for exports strengthens the market dynamics. Expected to lead the way in horticulture light adoption, the GCC region is positioning itself as an innovative player in sustainable and tech-enabled farming in the global market.-
Source: Straits Research Analysis Company Publications, Primary Interviews.
GCC 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.
- GCC accounted for 2.11% of the global horticulture light market size in 2024.
- By 2030, United States is expected to remain the top global market in terms of size.
- Within Middle East And Africa, Rest of MEA is forecasted to dominate the regional horticulture light market size by 2030.
- South Africa will be the fastest-growing market in Middle East And Africa, projected to achieve USD 5913 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 283.98 Million |
| Market Size In 2030 |
USD 525.83 Million |
| Largest segment |
Toplighting |
| Fastest segment |
Interlighting |
| Units |
Revenue in USD Million |
| CAGR |
13.6% (2025-2030) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
GCC Horticulture Light Market Share By Lighting Type
Segmentation Covered
| Segments |
Sub Segments |
| Lighting Type |
- Toplighting
- Interlighting
|
| Lighting Technology |
- Fluorescent Lamp
- HID Light
- LED Light
- Other
|
| Application |
- Indoor & Vertical Farming
- City Farming
- Greenhouses
- Others
|
GCC Horticulture Light Market By Lighting Type 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
GCC Horticulture Light Market By Lighting Technology 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
GCC Horticulture Light Market By Application 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.