Spain Horticulture Light Market Size & Outlook, 2025-2030
Spain Horticulture Light Market Size
According to Straits Research analysis, the Spain Horticulture Light Market was valued at USD 410.37 Million in 2024 and is projected to reach USD 908.21 Million by 2030, expanding at a CAGR of 16.4% during the forecast period. This growth is primarily attributed to the adoption of modern farming techniques in industries such as agriculture and chemicals. Increased demand for organic products has further spurred the adoption of advanced, efficient horticulture lighting. Technological advancements in light-emitting diodes (LEDs), mounting energy costs, and a growing inclination towards sustainable farming also contribute to the rising demand. The market also presents emerging opportunities in the form of advanced green and low-carbon production methods. Looking forward, Spain continues to solidify its position as a significant player in the global horticulture light market by emphasizing sustainable production, energy savings, and technological innovation in its agricultural practices.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Spain Horticulture Light Market Highlights
- By segment, Toplighting emerged as the largest Lighting Type in terms of market size in 2024.
- Interlighting is anticipated to remain the most attractive Lighting Type segment, recording the fastest growth during the forecast period.
- As of 2024, Spain held 3.05% 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 Europe, Germany is expected to lead the regional horticulture light market size by 2030.
- France will remain the fastest-growing market in Europe, reaching USD 45534 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 410.37 Million |
| Market Size In 2030 | USD 908.21 Million |
| Largest segment | Toplighting |
| Fastest segment | Interlighting |
| Units | Revenue in USD Million |
| CAGR | 16.4% (2025-2030) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Spain Horticulture Light Market Share By Lighting Type
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Lighting Type |
|
| Lighting Technology |
|
| Application |
|
Spain Horticulture Light Market By Lighting Type 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
Spain Horticulture Light Market By Lighting Technology 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
Spain Horticulture Light Market By Application 2030
Source: Straits Research Analysis Company Publications, Primary Interviews.
