India Horticulture Light Market Size
According to Straits Research analysis, the India Horticulture Light Market was valued at USD 814.35 Million in 2024 and is projected to reach USD 2,354.6 Million by 2030, expanding at a CAGR of 21.7% during the forecast period. This significant growth is fuelled by the primary demand drivers of agriculture and energy industries. Horticulture lights are crucial for supplementing natural sunlight in greenhouse farming, enabling year-round cultivation of crops and increasing yield. Additionally, the push toward green production and sustainability has encouraged the use of energy-efficient LED horticulture lights. Technological advancements in IoT and smart farming are also opening new opportunities in the market. With a strong focus on these trends, India is positioning itself as a significant player in the global horticulture light market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
India Horticulture Light Market Highlights
- Within the Lighting Type category, Toplighting dominated in 2024 in terms of market size contribution.
- Over the forecast period, Interlighting is forecasted to deliver the fastest growth, positioning it as the most lucrative Lighting Type segment.
- As of 2024, India held 6.06% of the global horticulture light market size.
- By 2030, United States is anticipated to capture the largest share of the global horticulture light market.
- In Asia Pacific, China is expected to lead the regional horticulture light market size by 2030.
- India will remain the fastest-growing market in Asia Pacific, 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 814.35 Million |
| Market Size In 2030 |
USD 2354.6 Million |
| Largest segment |
Toplighting |
| Fastest segment |
Interlighting |
| Units |
Revenue in USD Million |
| CAGR |
21.7% (2025-2030) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
India 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
|
India Horticulture Light Market By Lighting Type 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
India Horticulture Light Market By Lighting Technology 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
India Horticulture Light Market By Application 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.