Horticulture Lighting Market is Expected to Attain an Outstanding Valuation of USD 16.35 billion by 2030

Rising Adoption of Smart and Energy-Efficient Farming Technologies to Drive the Global Horticulture Lighting Market at a CAGR of 23.10% During the Forecast Period 2025 to 2035

Market Research Future (MRFR) has published a cooked research report on the “Global Horticulture Lighting Market” that contains information from 2025 to 2035. The Horticulture Lighting Market is estimated to register a CAGR of 23.10% during the forecast period of 2025 to 2035.

MRFR recognizes the following companies as the key players in the Global Horticulture Lighting Market — Agnetix, Cree, Hydrofarm, Signify, Heliospectra, Osram, Illumitex, Grownetics, Everlight Electronics, Spectrum King, Valoya, California LightWorks, GE Lighting, Advanced LED Technologies, and Fluence.

Market Highlights

The Global Horticulture Lighting Market is accounted for to register a CAGR of 23.10% during the forecast period and is estimated to reach USD 70.11 Billion by 2035.

The market is growing mostly because more people are using energy-efficient LED lighting systems, urban and vertical farming are growing quickly, and the government is supporting sustainable farming practices. These lights are important for indoor and greenhouse farming because they control the spectral output and intensity, which helps plants grow better.

Improvements in smart lighting systems that work with the Internet of Things (IoT) are making productivity and energy use even better. These technologies let you keep an eye on light, temperature, and humidity in real time, which helps with precision agriculture and growing crops in a way that uses fewer resources. Also, the market is growing faster around the world because more people want organic and locally grown food and are becoming more aware of the environment.

Agnetix and Fluence are two companies that are putting a lot of money into R&D and new products. For example, Agnetix's ZENITH and PHENOM IoT-enabled lights, which came out in 2024 with AgriTech North, can recover waste heat and monitor the environment in real time. Fluence also released the SPYDR and VYPR LED systems, which have efficiencies greater than 2.1 µmol/J. These systems won the title of Cultivation Technology of the Year 2024. Signify's purchase of Fluence from ams OSRAM in 2022 also strengthened its portfolio and solidified its position as a leader in horticulture lighting innovation around the world.

Segment Analysis

The Global Horticulture Lighting Market has been segmented based on Application, Lighting Type, Light Spectrum, End Use, and Region.

By Application, the market is divided into Greenhouse and Vertical Farming. The Greenhouse segment dominated the market, valued at USD 0.91 Billion in 2024, and is expected to reach USD 2.95 Billion by 2035, driven by the demand for controlled-environment agriculture. Vertical Farming is projected to grow from USD 0.52 Billion in 2024 to USD 1.73 Billion by 2035, reflecting the rise of urban farming in space-constrained areas.

By Lighting Type, the market includes LED, High-Intensity Discharge, Fluorescent, Incandescent, and Laser. Among these, LED lighting leads due to its superior energy efficiency, longer lifespan, and reduced operational costs.

By Light Spectrum, the market is categorized into Full Spectrum, Red and Blue Spectrum, White Spectrum, Ultraviolet Spectrum, and Far-Red Spectrum. The Full Spectrum lighting segment dominates as it closely replicates natural sunlight, enhancing comprehensive plant growth.

By End Use, the market includes Commercial Growers, Residential Users, Research Institutions, and Agricultural Cooperatives. The Commercial Growers segment holds the largest market share, driven by large-scale adoption of advanced lighting systems to improve yield and quality.

Region Analysis

By Region, the Horticulture Lighting Market is segmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. North America held the largest market share in 2024, valued at USD 0.8 Billion, and is projected to reach USD 2.7 Billion by 2035, driven by advanced agricultural practices, strong technology adoption, and growing indoor farming operations across the United States and Canada.

Key Findings of the Study

• The Global Horticulture Lighting Market is expected to reach USD 70.11 Billion by 2035, at a CAGR of 23.10% during the forecast period.


• North America accounted for the largest market share in 2024.


• Based on Lighting Type, the LED segment dominated the market.


• Based on the Application, the Greenhouse segment held the largest share in 2024.


• Agnetix, Cree, Hydrofarm, Signify, Heliospectra, Osram, Illumitex, Grownetics, Everlight Electronics, Spectrum King, Valoya, California LightWorks, GE Lighting, Advanced LED Technologies, and Fluence are the key market players.

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