Global Horticulture Light Market Size
According to Straits Research analysis, the Global Horticulture Light Market was valued at USD 13447.59 Million in 2024 and is projected to reach USD 32404.1 Million by 2030, expanding at a CAGR of 18.1% during the forecast period. The primary drivers for this robust growth include the increasing use of horticulture lights in the agriculture and chemical industries. Demand is particularly high for efficient cultivation methods, where these lights play an indispensable role. Emerging trends in green/low-carbon production methods and advancements in technology provide further growth avenues. The potential for export is significant as countries seek to optimize their production capabilities amidst changing climate conditions. In positioning for the future, regions like Asia-Pacific are leaning towards the adoption of advanced horticultural lighting systems to ensure sustainable food production, thereby strengthening their footprint in the global marketplace.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Global Horticulture Light Market Highlights
- In 2024, Toplighting accounted for the highest share of the Lighting Type market size.
- During the forecast period, Interlighting is set to register the highest growth, making it the most lucrative Lighting Type segment.
- Global contributed % 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 Global, North America is projected to capture the leading share of market by 2030.
- Among Global markets, Asia Pacific is expected to post the fastest growth, reaching USD 215275.32 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 13447.59 Million |
| Market Size In 2030 |
USD 32404.1 Million |
| Largest segment |
Toplighting |
| Fastest segment |
Interlighting |
| Units |
Revenue in USD Million |
| CAGR |
18.1% (2025-2030) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Global Horticulture Light Market Share By Lighting Type
Segmentation Covered
| Segments |
Sub Segments |
| Region |
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East And Africa
|
| Lighting Type |
- Toplighting
- Interlighting
|
| Lighting Technology |
- Fluorescent Lamp
- HID Light
- LED Light
- Other
|
| Application |
- Indoor & Vertical Farming
- City Farming
- Greenhouses
- Others
|
Global Horticulture Light Market By Region 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
Global Horticulture Light Market By Lighting Type 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
Global Horticulture Light Market By Lighting Technology 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
Global Horticulture Light Market By Application 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.