South Africa Horticulture Light Market Size
According to Straits Research analysis, the South Africa Horticulture Light market was valued at USD 91.49 Million in 2024 and is projected to reach USD 203.24 Million by 2030, expanding at a CAGR of 12.7% during the forecast period. This market growth is driven by diverse applications in agriculture, particularly plant growth promotion and premium crop cultivation. Key industries utilizing horticulture light include chemical production and energy sectors, primarily for photosynthesis and plant-based bioproducts. Emerging trends include a shift towards green production and increased sustainability practices. Technological advancements in lighting efficiency and energy-saving solutions significantly boost the market. South Africa's strategic focus on export-led growth presents further opportunities for expansion. Hence, the country is aggressively positioning itself as a leader in the horticulture light market by leveraging its inherent agricultural strengths and technological advancements.
Source: Straits Research Analysis Company Publications, Primary Interviews.
South Africa 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.
- South Africa contributed 0.59% 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 Middle East And Africa, Rest of MEA is projected to capture the leading share of market by 2030.
- Among Middle East And Africa markets, South Africa is expected to post the fastest growth, reaching 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 79.51 Million |
| Market Size In 2030 |
USD 140.66 Million |
| Largest segment |
Toplighting |
| Fastest segment |
Interlighting |
| Units |
Revenue in USD Million |
| CAGR |
12.7% (2025-2030) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
South Africa 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
|
South Africa Horticulture Light Market By Lighting Type 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
South Africa Horticulture Light Market By Lighting Technology 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
South Africa Horticulture Light Market By Application 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.