Global Horticulture Lighting Market

The Horticulture Lighting Market size was valued at USD 4.37 Billion in 2025 and the total Horticulture Lighting revenue is expected to grow at a CAGR of 21.4% from 2026 to 2034, reaching nearly USD 25.03 Billion.

Horticulture lighting is an artificial light source that used to supplement natural daylight and raise grow light levels to enhance photosynthesis. The global horticulture lighting market is driven by a steady supply of crops despite unfavorable weather conditions for farming across the globe, rising population, and accessibility of limited agricultural land. Increased year round high-quality yield and legalization of cannabis for medicinal purposes and government initiatives to support the adoption of energy-efficient LEDs in horticulture are also projected to fueling the market growth in the forecast period. e.g., a Canadian licensed producer of recreational and medicinal marijuana selected LumiGrow Inc. as its LED lighting partner in May , for its six-acre cannabis greenhouse expansion project.

Global Horticulture Lighting Size Share & Growth Analysis

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However, the high cost and lack of awareness regarding the horticulture lighting, and feasibility of cultivating a limited number of crop species are restraining the market growth at the global level. Retrofitting traditional lighting sources with LED grow lights and increasing awareness about vertical and indoor farming are expected to create beneficial opportunities for the key player in the market during the forecast period. The necessity of various light spectrums for certain crop varieties and acceptance of controlled-environment agriculture technique for large-sized fields are the major challenge for the horticulture lighting market in the near future.

Based on the technology, the LED lights segment has led the Horticulture Lighting market in 2025 and is estimated to generate more than US$ xx Mn market revenue by 2034, with a CAGR of xx%. These lights are energy-efficient and also have additional benefits such as low heat, compact size, and a long operational life more than 30,000 to 50,000 hours, the increased lifetime ensures high reliability. This technology is quite cost-effective than other artificial light sources and lets farmers control the light intensity to suit different plants and crops. These factors are resulting in the high adoption of LED lights in the greenhouse and indoor agricultural processes.

Geographically, the horticulture lighting market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe held the prominent market share of xx% in 2025 and is expected to reach US$ Mn by the end of 2034, with a CAGR of xx%. Thanks to the growing demand for horticulture lighting in greenhouses, vertical farming, and indoor farming applications. Europe is the largest exporter as well as a producer of fruits, flowers, and vegetables around the world. The European Union’s initiatives to boost the adoption of LED grow lights are likely to generate various growth opportunities for the manufacturers of LED modules and lamps in the region. The most prominent lighting companies are established their base in Europe will propel the regional market growth.

North America held the second-largest market share of xx% in 2025 and is estimated to grow at the CAGR of xx% by the end of 2034 owing to increasing greenhouses and the adoption of new farming techniques in this region. The rising investments in research and development activities for the introduction of advanced horticulture lighting are predicted to accelerate the growth of this region in the near future. The market in Asia Pacific is expected to grow at a high CAGR of xx% during the forecast period owing to its increasing disposable income and population. The developing countries in the region are focusing on modern farming techniques, such as indoor horticulture, greenhouse, and vertical farming due to the availability of limited agricultural land.

1. Philips is the prominent player in horticulture lighting, which has been evolving the lighting technology for crop farming over 75 years has a newly launched product named Green power LED product.

2. HeliospectraAB, It introduced LED for vertical farming called “MITRA.” It is the most versatile LED grow water-resistant light and utilized both indoors and greenhouses.

The objective of the report is to present a comprehensive analysis of the Global Horticulture Lighting Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Horticulture Lighting Market dynamics, structure by analyzing the market segments and project the GlobalHorticulture Lighting Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Horticulture Lighting Market make the report investor’s guide.

Recent Industry Development:

Horticulture Lighting Industry Ecosystem

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Horticulture Lighting Market, by Region

North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)

Horticulture Lighting Market, Key Players

1. Signify Holding
2. Gavita International B.V.
3. GE Lighting
4. OSRAM GmbH
5. Agrolux
6. Heliospectra AB
7. Hortilux Schréder B.V.
8. Lumileds Holding B.V.
9. PARsource
10.Illumitex Inc.
11.Hubbell Inc.
12.Maxigrow
13.Bridgelux
14.Eye Hortilux
15.Lumigrow
16.Excite LED Grow Lights
17.Greens Hydroponics
18.UPSHINE Lighting
19.TESLUX Lighting s.r.o.
20.Hortisystems UK Ltd
21.ProGrowTech
22.Ronfell Group
23.SAMSUNG Electronics Co. Ltd.
24.BSSLED Manufacturing Ltd.
25.Forge Europa
26.Cropmaster LED
27.TE Connectivity Ltd.
28.Cree, Inc.
29.DiCon Lighting
30.Valoya
31.EVERLIGHT

Frequently Asked Questions:

1. Which region has the largest share in Global Horticulture Lighting Market?
Ans: Europe region held the highest share in 2025.

2. What is the growth rate of Global Horticulture Lighting Market?
Ans: The Global Horticulture Lighting Market is growing at a CAGR of 21.4% during forecasting period 2026-2034

3. What is scope of the Global Horticulture Lighting market report?
Ans: Global Horticulture Lighting Market report helps with the PESTEL, PORTER,  Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Horticulture Lighting market?
Ans: The important key players in the Global Horticulture Lighting Market are – Signify Holding, Gavita International B.V., GE Lighting, OSRAM GmbH, Agrolux, Heliospectra AB, Hortilux Schréder B.V., Lumileds Holding B.V., PARsource, Illumitex Inc., Hubbell Inc., Maxigrow, Bridgelux, Eye Hortilux, Lumigrow, Excite LED Grow Lights, Greens Hydroponics, UPSHINE Lighting, TESLUX Lighting s.r.o., Hortisystems UK Ltd, ProGrowTech, Ronfell Group, SAMSUNG Electronics Co. Ltd., BSSLED Manufacturing Ltd., Forge Europa, Cropmaster LED, TE Connectivity Ltd., Cree, Inc., DiCon Lighting, Valoya, and EVERLIGHT.

5. What was the Global Horticulture Lighting Market size in 2025?
Ans: The Global Horticulture Lighting Market size was USD 4.37 Billion in 2025.