Global horticulture lighting market is expected to reach USD 22,486,852.80 thousands by 2030 from USD 5,428,000.00 thousands in 2022, growing at a CAGR of 19.7% during the forecast period of 2023 to 2030.
Market Segmentation:
Global horticulture lighting market, Offering (Hardware, Software, and Services), Deployment (Turnkey Solution and Retrofit Solution), Lighting Type (Top Lighting, Supplemental Lighting, Inter Lighting, Photoperiodic Lighting, and Sole-Source Lighting), Lighting Type (Top Lighting, Supplemental Lighting, Inter Lighting, Photoperiodic Lighting, and Sole-Source Lighting), Cultivation (Vegetables, Fruits, Floriculture), Technology (High-Intensity Discharge (HID) and Fluorescent), Application (Greenhouse and Vertical Farming), Region (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2030.
Overview of Global horticulture lighting market Dynamics :
- Driver
- Growing Demand For Organic Food
- Restrain
- Complex Light Spectrum Requirements
- Opportunity
- Expansion Of Home Gardening Market And Diy
Market Players:
The key market players operating in the Global horticulture lighting market are listed below:
- ams-OSRAM AG
- Samsung
- ACUITY BRANDS, INC.
- The Scotts Company LLC
- Signify Holding
- EVERLIGHT ELECTRONICS CO., LTD.
- TE Connectivity
- Cree LED, an SGH company.
- UPSHINE Lighting
- SAVANT TECHNOLOGIES LLC
- Valoya, Inc.
- Hortilux Schreder
- excite LED Grow Lights
- Horticulture Lighting Group
- Thrive Agritech
- California LightWorks
- Agnetix
- Active Grow
- Heliospectra
- Midstream Ltd.
- Forge Europa.
- TESLUX Lighting s.r.o.
- The Ronfell Group
TABLE OF CONTENTS
1 INTRODUCTION 39
- 1.1 OBJECTIVES OF THE STUDY 39
- 1.2 MARKET DEFINITION 39
- 1.3 OVERVIEW OF THE GLOBAL HORTICULTURE LIGHTING MARKET 39
- 1.4 CURRENCY AND PRICING 41
- 1.5 LIMITATIONS 41
- 1.6 MARKETS COVERED 41
2 MARKET SEGMENTATION 44
- 2.1 MARKETS COVERED 44
- 2.2 YEARS CONSIDERED FOR THE STUDY 45
- 2.3 GEOGRAPHIC SCOPE 46
- 2.4 DBMR TRIPOD DATA VALIDATION MODEL 47
- 2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 50
- 2.6 DBMR MARKET POSITION GRID 51
- 2.7 VENDOR SHARE ANALYSIS 53
- 2.8 MARKET END-USER COVERAGE GRID 54
- 2.9 MULTIVARIATE MODELLING 55
- 2.10 OFFERING TYPE TIMELINE CURVE 56
- 2.11 SECONDARY SOURCES 57
- 2.12 ASSUMPTIONS 57
3 EXECUTIVE SUMMARY 58
4 PREMIUM INSIGHTS 63
- 4.1 DISTRIBUTOR OF LEADING HORTICULTURE LIGHTING MANUFACTURER 64
5 MARKET OVERVIEW 65
- 5.1 DRIVERS 67
- 5.1.1 GROWING DEMAND FOR ORGANIC FOOD 67
- 5.1.2 INCREASING USE OF HORTICULTURE LIGHTING IN VARIOUS AGRICULTURE APPLICATIONS 68
- 5.1.3 ADVANCEMENTS IN LED TECHNOLOGY 69
- 5.1.4 LEGALIZATION OF MEDICINAL PURPOSE CANNABIS 71
- 5.2 RESTRAINTS 72
- 5.2.1 COMPLEX LIGHT SPECTRUM REQUIREMENTS 72
- 5.2.2 HIGH COST ASSOCIATED WITH HORTICULTURE LIGHT MANUFACTURING 73
- 5.3 OPPORTUNITIES 74
- 5.3.1 EXPANSION OF HOME GARDENING MARKET AND DIY 74
- 5.3.2 GROWING FARM-TO-TABLE TRENDS ENCOURAGING THE NEED FOR HORTICULTURE LIGHTS 75
- 5.3.3 INCREASING POPULARITY OF INDOOR AND VERTICAL FARMING 76
- 5.4 CHALLENGE 78
- 5.4.1 HEAT MANAGEMENT DUE TO HIGH-INTENSITY LIGHTING SYSTEMS 78
- 5.4.2 DIFFICULTY IN IMPLEMENTING TECHNOLOGY ON A LARGE SCALE 79
6 GLOBAL HORTICULTURE LIGHTING MARKET, BY OFFERING 80
- 6.1 OVERVIEW 81
- 6.2 HARDWARE 82
- 6.2.1 LIGHT & LAMPS 83
- 6.2.2 MODULES 83
- 6.2.3 FIXTURES 83
- 6.2.4 REFLECTORS 83
- 6.2.5 BALLASTS 83
- 6.2.6 METERS 83
- 6.2.7 REFLECTIVE FILMS 83
- 6.2.8 OTHERS 83
- 6.3 SOFTWARE 84
- 6.3.1 SMART LIGHTING SOFTWARE 84
- 6.3.2 LIGHT CONTROLLING SOFTWARE 84
- 6.4 SERVICES 85
7 GLOBAL HORTICULTURE LIGHTING MARKET, BY DEPLOYMENT 86
- 7.1 OVERVIEW 87
- 7.2 TURNKEY SOLUTION 88
- 7.3 RETROFIT SOLUTION 88
8 GLOBAL HORTICULTURE LIGHTING MARKET, BY LIGHTING TYPE 89
- 8.1 OVERVIEW 90
- 8.2 TOP LIGHTING 91
- 8.3 SUPPLEMENTAL LIGHTING 92
- 8.4 INTER LIGHTING 92
- 8.5 PHOTOPERIODIC LIGHTING 93
- 8.6 SOLE-SOURCE LIGHTING 93
9 GLOBAL HORTICULTURE LIGHTING MARKET, BY CULTIVATION 94
- 9.1 OVERVIEW 95
- 9.2 VEGETABLES 96
- 9.3 FRUITS 96
- 9.4 FLORICULTURE 97
10 LOBAL HORTICULTURE LIGHTING MARKET, BY TECHNOLOGY 98
- 10.1 OVERVIEW 99
- 10.2 HIGH-INTENSITY DISCHARGE (HID) 100
- 10.2.1 LED 100
- 10.2.2 HIGH-PRESSURE SODIUM LAMP 101
- 10.3 FLUORESCENT 101
- 10.3.1 T5 101
- 10.3.2 CFL 101
- 10.4 OTHERS 102
11 GLOBAL HORTICULTURE LIGHTING MARKET, BY APPLICATION 103
- 11.1 OVERVIEW 104
- 11.2 GREENHOUSE 105
- 11.3 VERTICAL FARMING 106
- 11.4 OTHERS 106
12 GLOBAL HORTICULTURE LIGHTING MARKET, BY REGION 107
- 12.1 OVERVIEW 108
- 12.2 EUROPE 113
- 12.2.1 GERMANY 119
- 12.2.2 SPAIN 123
- 12.2.3 ITALY 127
- 12.2.4 U.K. 131
- 12.2.5 FRANCE 135
- 12.2.6 TURKEY 139
- 12.2.7 NETHERLAND 143
- 12.2.8 RUSSIA 147
- 12.2.9 SWITZERLAND 151
- 12.2.10 POLAND 155
- 12.2.11 BELGIUM 159
- 12.2.12 SWEDEN 163
- 12.2.13 DENMARK 167
- 12.2.14 FINLAND 171
- 12.2.15 NORWAY 175
- 12.2.16 REST OF EUROPE 179
- 12.3 NORTH AMERICA 180
- 12.3.1 U.S. 185
- 12.3.2 CANADA 189
- 12.3.3 MEXICO 193
- 12.4 ASIA-PACIFIC 197
- 12.4.1 CHINA 202
- 12.4.2 INDIA 206
- 12.4.3 JAPAN 210
- 12.4.4 SOUTH KOREA 214
- 12.4.5 AUSTRALIA & NEW ZEALAND 218
- 12.4.6 INDONESIA 222
- 12.4.7 VIETNAM 226
- 12.4.8 THAILAND 230
- 12.4.9 PHILIPPINES 234
- 12.4.10 MALAYSIA 238
- 12.4.11 TAIWAN 242
- 12.4.12 SINGAPORE 246
- 12.4.13 REST OF ASIA-PACIFIC 250
- 12.5 SOUTH AMERICA 251
- 12.5.1 BRAZIL 255
- 12.5.2 ARGENTINA 259
- 12.5.3 REST OF SOUTH AMERICA 263
- 12.6 MIDDLE EAST AND AFRICA 264
- 12.6.1 SAUDI ARABIA 269
- 12.6.2 ISRAEL 273
- 12.6.3 U.A.E. 277
- 12.6.4 EGYPT 281
- 12.6.5 SOUTH AFRICA 285
- 12.6.6 QATAR 289
- 12.6.7 KUWAIT 293
- 12.6.8 BAHRAIN 297
- 12.6.9 OMAN 301
- 12.6.10 REST OF MIDDLE EAST AND AFRICA 305
13 GLOBAL HORTICULTURE LIGHTING MARKET: COMPANY LANDSCAPE 306
- 13.1 COMPANY SHARE ANALYSIS: GLOBAL 306
- 13.2 COMPANY SHARE ANALYSIS: NORTH AMERICA 307
- 13.3 COMPANY SHARE ANALYSIS: EUROPE 308
- 13.4 COMPANY SHARE ANALYSIS: ASIA-PACIFIC 309
14 SWOT ANALYSIS 310
15 COMPANY PROFILE 311
- 15.1 AMS-OSRAM AG 311
- 15.1.1 COMPANY SNAPSHOT 311
- 15.1.2 REVENUE ANALYSIS 311
- 15.1.3 COMPANY SHARE ANALYSIS 312
- 15.1.4 PRODUCT PORTFOLIO 312
- 15.1.5 RECENT DEVELOPMENTS 313
- 15.2 ACUITY BRANDS, INC 314
- 15.2.1 COMPANY SNAPSHOT 314
- 15.2.2 REVENUE ANALYSIS 314
- 15.2.3 COMPANY SHARE ANALYSIS 315
- 15.2.4 PRODUCT PORTFOLIO 315
- 15.2.5 RECENT DEVELOPMENTS 315
- 15.3 SAMSUNG 317
- 15.3.1 COMPANY SNAPSHOT 317
- 15.3.2 REVENUE ANALYSIS 317
- 15.3.3 COMPANY SHARE ANALYSIS 318
- 15.3.4 PRODUCT PORTFOLIO 318
- 15.3.5 RECENT DEVELOPMENTS 320
- 15.4 SIGNIFY HOLDING 322
- 15.4.1 COMPANY SNAPSHOT 322
- 15.4.2 REVENUE ANALYSIS 322
- 15.4.3 PRODUCT PORTFOLIO 323
- 15.4.4 RECENT DEVELOPMENTS 324
- 15.5 THE SCOTTS COMPANY LLC 326
- 15.5.1 COMPANY SNAPSHOT 326
- 15.5.2 REVENUE ANALYSIS 326
- 15.5.3 PRODUCT PORTFOLIO 327
- 15.5.4 RECENT DEVELOPMENTS 328
- 15.6 ACTIVE GROW 330
- 15.6.1 COMPANY SNAPSHOT 330
- 15.6.2 PRODUCT PORTFOLIO 330
- 15.6.3 RECENT DEVELOPMENTS 332
- 15.7 AGNETIX 334
- 15.7.1 COMPANY SNAPSHOT 334
- 15.7.2 PRODUCT PORTFOLIO 334
- 15.7.3 RECENT DEVELOPMENTS 335