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The global Horticulture Lighting market is expected to grow at a CAGR of 10.8% during the forecast period.
The global Horticulture Lighting market is estimated to be about 2450.7 million US dollars in 2020.
The global Horticulture Lighting market is estimated to reach 3692.0 million USD by 2026.
The global Horticulture Lighting market is segmented by company, region (country), type and application. Participants, stakeholders, and other readers in the global Horticulture Lighting market will be able to gain an advantage as they use reports as a powerful resource.
Horticulture Lighting markets by category
Fluorescent Lamps
High-intensity Discharge (HID) Lights
LED Lights
Others
Horticulture Lighting Market by Application (Percentage of Demand)
Greenhouses
Vertical Farming
Indoor Farming
Others
Who are the leading companies in Horticulture Lighting
Philips Lighting
Gavita Holland
GE Lighting
OSRAM
Agrolux
Heliospectra
Hortilux Schreder
Lumileds
PARsource
Illumitex
Hubbell
Maxigrow
Bridgelux
Eye Hortilux
LumiGrow
Horticulture Lighting markets by region:
In North America
In Latin America
Europe
The Asia-pacific
Middle East and Africa (MEA)
What are the main countries covered
The United States
Canada
Germany
France
UK
Italy
Russia
China
Japan
Korea
Southeast Asia
India
Australia
Brazil
Mexico
Argentina
Chile
Colombia
Egypt
Saudi Arabia
United Arab Emirates
Nigeria
South Africa
Which is the most profitable market
Among regions, North America/Europe/Asia Pacific accounted for the largest share of global personalized beauty equipment as rising consumer incomes led to increased spending at Horticulture Lighting.
What methodology did you follow in your research
This study was conducted by our expert analysts through a combination of primary and secondary studies. The methodology we follow includes a demand-side assessment of the market and triangulation of this through supply-side analysis. The methodology is based on the use of standard market structures, methods, and definitions.
Who were the primary study respondents
We talk to stakeholders across the spectrum. Including C-level executives, distributors, product manufacturers, industry experts, etc.
What are the sources of secondary research
We conduct extensive secondary studies using proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations and research papers.
1. Introduction
1.1 Definition of the Market
1.2 Research Purpose
1.3 Scope of the Study
1.4 Stakeholders
1.5 Geography Coverage
1.6 Currency Under Consideration
1.7 Market Size Units
1.8 Review Cycle
2 Global Market Overview
2.1 Global Horticulture Lighting Revenue and Growth Forecast 2014-2026
2.2 Global Horticulture Lighting Market Size and Growth Forecast 2014-2026
2.3 Global Horticulture Lighting Revenue by Region 2014-2026
2.4 Horticulture Lighting Market Share by Major Regions 2014-2021
2.5 Horticulture Lighting Gross Margin in Different Region 2014-2021
2.6 Global Horticulture Lighting Market History Price and Forecast 2014-2026
2.7 Global Horticulture Lighting Sales Market Share by Top Companies 2014-2021
3 Global Horticulture Lighting Market by Type
3.1 Global Horticulture Lighting Revenue and Growth Rate Segment by Types from 2014-2021
3.2 Global Horticulture Lighting Market Size and Growth Rate Segment by Product Types from 2014-2021
3.3 Global Horticulture Lighting Price Segment by Types from 2014-2021
3.4 Brief Introduction of Different Types
3.4.1 Fluorescent Lamps
3.4.2 High-intensity Discharge (HID) Lights
3.4.3 LED Lights
3.4.4 Others
4 Global Horticulture Lighting Market by Application
4.1 Global Horticulture Lighting Revenue and Growth Rate Segment by Applications from 2014-2021
4.2 Global Horticulture Lighting Market Size and Growth Rate Segment by Product Applications from 2014-2021
4.3 Brief Introduction of Different Applications
4.3.1 Greenhouses
4.3.2 Vertical Farming
4.3.3 Indoor Farming
4.3.4 Others
5 North America Horticulture Lighting Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
5.1 North America Horticulture Lighting Value ($) from 2014-2021
5.2 North America Horticulture Lighting Market Size from 2014-2021
5.3 North America Horticulture Lighting Price Change from 2014-2021
5.4 North America Horticulture Lighting Import and Export from 2014-2021
5.5 North America Horticulture Lighting Market Value ($) and Growth (%) by Type from 2014-2021
5.6 North America Horticulture Lighting Market Value ($) and Growth (%) by Application from 2014-2021
5.7 North America Horticulture Lighting Market Value ($) and Growth (%) by Countries from 2014-2021
5.7.1 The United States
5.7.2 Canada
5.8 Top North America Horticulture Lighting Participants Value ($) and Market Share (%) in 2020
6 Europe Horticulture Lighting Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
6.1 Europe Horticulture Lighting Value ($) from 2014-2021
6.2 Europe Horticulture Lighting Market Size from 2014-2021
6.3 Europe Horticulture Lighting Price Change from 2014-2021
6.4 Europe Horticulture Lighting Import and Export from 2014-2021
6.5 Europe Horticulture Lighting Market Value ($) and Growth (%) by Type from 2014-2021
6.6 Europe Horticulture Lighting Market Value ($) and Growth (%) by Application from 2014-2021
6.7 Europe Horticulture Lighting Market Value ($) and Growth (%) by Countries from 2014-2021
6.7.1 Germany
6.7.2 France
6.7.3 UK
6.7.4 Italy
6.7.5 Russia
…
6.8 Top Europe Horticulture Lighting Participants Value ($) and Market Share (%) in 2020
7 Asia-Pacific Horticulture Lighting Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
7.1 Asia-Pacific Horticulture Lighting Value ($) from 2014-2021
7.2 Asia-Pacific Horticulture Lighting Market Size from 2014-2021
7.3 Asia-Pacific Horticulture Lighting Price Change from 2014-2021
7.4 Asia-Pacific Horticulture Lighting Import and Export from 2014-2021
7.5 Asia-Pacific Horticulture Lighting Market Value ($) and Growth (%) by Type from 2014-2021
7.6 Asia-Pacific Horticulture Lighting Market Value ($) and Growth (%) by Application from 2014-2021
7.7 Asia-Pacific Horticulture Lighting Market Value ($) and Growth (%) by Countries from 2014-2021
7.7.1 China
7.7.2 Japan
7.7.3 Korea
7.7.4 Southeast Asia
7.7.5 India
7.7.6 Australia
…
7.8 Top Asia-Pacific Horticulture Lighting Participants Value ($) and Market Share (%) in 2020
8 Latin America Horticulture Lighting Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
8.1 Latin America Horticulture Lighting Value ($) from 2014-2021
8.2 Latin America Horticulture Lighting Market Size from 2014-2021
8.3 Latin America Horticulture Lighting Price Change from 2014-2021
8.4 Latin America Horticulture Lighting Import and Export from 2014-2021
8.5 Latin America Horticulture Lighting Market Value ($) and Growth (%) by Type from 2014-2021
8.6 Latin America Horticulture Lighting Market Value ($) and Growth (%) by Application from 2014-2021
8.7 Latin America Horticulture Lighting Market Value ($) and Growth (%) by Countries from 2014-2021
8.7.1 Brazil
8.7.2 Mexico
8.7.3 Argentina
8.7.4 Chile
8.7.5 Colombia
…
8.8 Top Latin America Horticulture Lighting Participants Value ($) and Market Share (%) in 2020
9 Middle East & Africa Horticulture Lighting Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
9.1 Middle East & Africa Horticulture Lighting Value ($) from 2014-2021
9.2 Middle East & Africa Horticulture Lighting Market Size from 2014-2021
9.3 Middle East & Africa Horticulture Lighting Price Change from 2014-2021
9.4 Middle East & Africa Horticulture Lighting Import and Export from 2014-2021
9.5 Middle East & Africa Horticulture Lighting Market Value ($) and Growth (%) by Type from 2014-2021
9.6 Middle East & Africa Horticulture Lighting Market Value ($) and Growth (%) by Application from 2014-2021
9.7 Middle East & Africa Horticulture Lighting Market Value ($) and Growth (%) by Countries from 2014-2021
9.7.1 Egypt
9.7.2 Saudi Arabia
9.7.3 United Arab Emirates
9.7.4 Nigeria
9.7.5 South Africa
…
9.8 Top Middle East & Africa Horticulture Lighting Participants Value ($) and Market Share (%) in 2020
10. Global Level Competitive Intelligence – Company Profiles
10.1 Philips Lighting
10.1.1 Philips Lighting Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.1.2 Philips Lighting Sales, Value, Gross and Gross Margin from 2014-2021
10.1.3 Philips Lighting Value and Growth Change from 2014-2021
10.1.4 Philips Lighting Price Change from 2014-2021
10.1.5 Philips Lighting Product Offered
10.2 Gavita Holland
10.2.1 Gavita Holland Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.2.2 Gavita Holland Sales, Value, Gross and Gross Margin from 2014-2021
10.2.3 Gavita Holland Value and Growth Change from 2014-2021
10.2.4 Gavita Holland Price Change from 2014-2021
10.2.5 Gavita Holland Product Offered
10.3 GE Lighting
10.3.1 GE Lighting Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.3.2 GE Lighting Sales, Value, Gross and Gross Margin from 2014-2021
10.3.3 GE Lighting Value and Growth Change from 2014-2021
10.3.4 GE Lighting Price Change from 2014-2021
10.3.5 GE Lighting Product Offered
10.4 OSRAM
10.4.1 OSRAM Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.4.2 OSRAM Sales, Value, Gross and Gross Margin from 2014-2021
10.4.3 OSRAM Value and Growth Change from 2014-2021
10.4.4 OSRAM Price Change from 2014-2021
10.4.5 OSRAM Product Offered
10.5 Agrolux
10.5.1 Agrolux Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.5.2 Agrolux Sales, Value, Gross and Gross Margin from 2014-2021
10.5.3 Agrolux Value and Growth Change from 2014-2021
10.5.4 Agrolux Price Change from 2014-2021
10.5.5 Agrolux Product Offered
10.6 Heliospectra
10.6.1 Heliospectra Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.6.2 Heliospectra Sales, Value, Gross and Gross Margin from 2014-2021
10.6.3 Heliospectra Value and Growth Change from 2014-2021
10.6.4 Heliospectra Price Change from 2014-2021
10.6.5 Heliospectra Product Offered
10.7 Hortilux Schreder
10.7.1 Hortilux Schreder Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.7.2 Hortilux Schreder Sales, Value, Gross and Gross Margin from 2014-2021
10.7.3 Hortilux Schreder Value and Growth Change from 2014-2021
10.7.4 Hortilux Schreder Price Change from 2014-2021
10.7.5 Hortilux Schreder Product Offered
10.8 Lumileds
10.8.1 Lumileds Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.8.2 Lumileds Sales, Value, Gross and Gross Margin from 2014-2021
10.8.3 Lumileds Value and Growth Change from 2014-2021
10.8.4 Lumileds Price Change from 2014-2021
10.8.5 Lumileds Product Offered
10.9 PARsource
10.9.1 PARsource Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.9.2 PARsource Sales, Value, Gross and Gross Margin from 2014-2021
10.9.3 PARsource Value and Growth Change from 2014-2021
10.9.4 PARsource Price Change from 2014-2021
10.9.5 PARsource Product Offered
10.10 Illumitex
10.10.1 Illumitex Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.10.2 Illumitex Sales, Value, Gross and Gross Margin from 2014-2021
10.10.3 Illumitex Value and Growth Change from 2014-2021
10.10.4 Illumitex Price Change from 2014-2021
10.10.5 Illumitex Product Offered
10.11 Hubbell
10.11.1 Hubbell Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.11.2 Hubbell Sales, Value, Gross and Gross Margin from 2014-2021
10.11.3 Hubbell Value and Growth Change from 2014-2021
10.11.4 Hubbell Price Change from 2014-2021
10.11.5 Hubbell Product Offered
10.12 Maxigrow
10.12.1 Maxigrow Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.12.2 Maxigrow Sales, Value, Gross and Gross Margin from 2014-2021
10.12.3 Maxigrow Value and Growth Change from 2014-2021
10.12.4 Maxigrow Price Change from 2014-2021
10.12.5 Maxigrow Product Offered
10.13 Bridgelux
10.13.1 Bridgelux Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.13.2 Bridgelux Sales, Value, Gross and Gross Margin from 2014-2021
10.13.3 Bridgelux Value and Growth Change from 2014-2021
10.13.4 Bridgelux Price Change from 2014-2021
10.13.5 Bridgelux Product Offered
10.14 Eye Hortilux
10.14.1 Eye Hortilux Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.14.2 Eye Hortilux Sales, Value, Gross and Gross Margin from 2014-2021
10.14.3 Eye Hortilux Value and Growth Change from 2014-2021
10.14.4 Eye Hortilux Price Change from 2014-2021
10.14.5 Eye Hortilux Product Offered
10.15 LumiGrow
10.15.1 LumiGrow Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.15.2 LumiGrow Sales, Value, Gross and Gross Margin from 2014-2021
10.15.3 LumiGrow Value and Growth Change from 2014-2021
10.15.4 LumiGrow Price Change from 2014-2021
10.15.5 LumiGrow Product Offered
11. Market Dynamics
11.1 Driving Factors
11.1.1 Rising Demand in Some Regions: North America/Europe/China/India/Japan …
11.1.2 Increasing Use of Horticulture Lighting by Different End-User/Applications
11.2 Restraints and Challenges in the Market
11.3 Opportunities
11.4 Covid-19 Impact/Evaluation
12. Future Forecast of Global Horticulture Lighting Market from 2020-2026
12.1 Future Forecast of Global Horticulture Lighting Market from 2020-2026 Segment by Regions
12.2 Future Forecast of Global Horticulture Lighting Market from 2020-2026 Segment by Type
12.3 Future Forecast of Global Horticulture Lighting Market from 2020-2026 Segment by Application
13. Investment Analysis
13.1 Fundamental Analysis (Porter's Five Forces Analysis)
13.2 Technical Preparation Analysis
13.3 Risk Evaluating Analysis
13.4 Estimated Investment Pay-Back Period
14 Research Methodology
14.1 Research Data
14.1.1 Secondary Data
14.1.2 Primary Data
14.2 Revenue Estimation
14.2.1 Bottom-Up Approach
14.2.2 Top-Down Approach (Involves time, Space, and Persons)
14.3 Data Triangulation
14.4 Assumptions
14.5 Hypothesis of this Research, Clear, specific, and testable statement of this research
14.6 Limitations of Our Study
14.7 Scene Based Modeling
15 Disclaimer
Research Methodology:
Horticulture Lighting Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Qualitative Analysis |
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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