North America Horticulture Light Market Size & Outlook, 2025-2030
North America Horticulture Light Market Size
According to Straits Research analysis, the North America Horticulture Light Market was valued at USD 2946.76 Million in 2024 and is projected to reach USD 6924.36 Million by 2030, expanding at a CAGR of 17.6% during the forecast period. Significant growth drivers include the augmentation of controlled-environment agriculture and the boom in the herbal medicine and legal cannabis industries. The application of horticultural lights has become integral to these sectors, leading to a surge in demand. Furthermore, enhancements in LED technology, green production processes, and a shift toward sustainable farming methods provide notable growth opportunities. The potential for export due to the increasing global appeal of North American agricultural products is also expected to contribute to the market's expansion. With solid infrastructural groundwork and targeted investments in technology, North America is strategically positioning itself to continue leading the global horticulture light market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
North America Horticulture Light Market Highlights
- By segment, Toplighting was the leading Lighting Type in terms of market size in 2024.
- Interlighting is expected to be the most lucrative Lighting Type segment, exhibiting the fastest growth throughout the forecast period.
- North America held 21.91% share of the global horticulture light market size in 2024.
- United States is expected to remain the largest contributor to the global market by 2030.
- By 2030, Canada is anticipated to record the highest growth in North America, with the market size expected to reach USD 24106 Million.
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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 2946.76 Million |
| Market Size In 2030 | USD 6924.36 Million |
| Largest segment | Toplighting |
| Fastest segment | Interlighting |
| Units | Revenue in USD Million |
| CAGR | 17.6% (2025-2030) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
North America Horticulture Light Market Share By Lighting Type
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Country |
|
| Lighting Type |
|
| Lighting Technology |
|
| Application |
|
North America Horticulture Light Market By Country 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
North America Horticulture Light Market By Lighting Type 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
North America Horticulture Light Market By Lighting Technology 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
North America Horticulture Light Market By Application 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
