Horticultural Lighting Market
Horticultural Lighting Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Horticultural Lighting Market Size and Growth
The global horticultural lighting market is expected to reach a size of $6.5 billion by 2025, driven by the increasing adoption of LED technologies in indoor farming and greenhouse applications. Rising demand for year-round crop cultivation and advancements in lighting solutions are key factors shaping market growth.
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Companies Covered
(Covid 19 Impact Covered)
◍ Signify
◍ Gavita Holland
◍ GE Lighting
◍ OSRAM
◍ Agrolux
◍ Heliospectra
◍ Hortilux Schreder
◍ Lumileds
◍ PARsource
◍ Illumitex
The horticultural lighting market is highly competitive with key players such as Signify, Gavita Holland, GE Lighting, OSRAM, Agrolux, Heliospectra, Hortilux Schreder, Lumileds, PARsource, Illumitex. These companies provide innovative lighting solutions to growers, contributing to the growth of the market. Sales revenue figures: Signify - $6.4 billion, OSRAM - $4.6 billion, GE Lighting - $2.1 billion.
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Market Segmentation
By Application
Greenhouses
Vertical Farming
Indoor Farming
Others
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By Product
Toplighting
Interlighting
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Market Growth
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$ X Billion USD
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