Table of Content
1. Introduction
1.1 Market Definition & Scope
1.2 Research Assumptions & Abbreviations
1.3 Research Methodology
2. Executive Summary
2.1 Market Snapshot
2.2 Market Absolute $ Opportunity Assessment & Y-o-Y Analysis, 2021–2032
2.3 Market Size & Forecast, By Segmentation, 2021–2032
2.3.1 Market Size By Offering
2.3.2 Market Size By Application
2.3.3 Market Size By Technology
2.3.4 Market Size By Lighting Type
2.3.5 Market Size By Cultivation
2.3.6 Market Size By Installation
2.4 Market Share & Bps Analysis By Region, 2024
2.5 Industry Growth Scenarios – Conservative, Likely & Optimistic
2.6 Industry CxO’s Perspective
3. Market Overview
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Key Market Trends
3.2 Industry PESTLE Analysis
3.3 Key Industry Forces (Porter’s) Impacting Market Growth
3.4 Industry Supply Chain Analysis
3.4.1 Raw Material Suppliers
3.4.2 Manufacturers
3.4.3 Distributors/Suppliers
3.4.4 Customers/End-Users
3.5 Industry Life Cycle Assessment
3.6 Parent Market Overview
3.7 Market Risk Assessment
4. Statistical Insights & Trends Reporting
4.1 Technology Performance & Efficiency Metrics
4.1.1 Overview
4.1.2 Average Photosynthetic Photon Efficacy (µmol/J) by Lighting Type (LED, HID, Fluorescent)
4.1.3 System Energy Consumption (kWh/m²) in Controlled Environment Agriculture
4.1.4 Lifetime Operating Hours (L70) for Major Fixture Categories
4.1.5 Light Spectrum Customization Ratio (%) for Target Crop Groups
4.2 Crop Productivity & Yield Enhancement Metrics
4.2.1 Overview
4.2.2 Average Yield Gain (%) per Crop Type (Leafy Greens, Fruits, Cannabis, Ornamentals)
4.2.3 Correlation Between Light Intensity (µmol/m²/s) and Biomass Increase (%)
4.2.4 Reduction in Growth Cycle Duration (Days) Due to Optimized Lighting
4.2.5 % Improvement in Nutrient Density and Plant Morphology under LED Systems
4.3 Economic & Operational Efficiency Metrics
4.3.1 Overview
4.3.2 ROI Period (Months) for LED Retrofit vs. Traditional Systems
4.3.3 Average Cost per µmol Output (USD/µmol) Across Lighting Technologies
4.3.4 Payback Period Analysis under Subsidy vs. Non-Subsidy Conditions
4.3.5 OPEX Reduction (%) from Smart Lighting Automation and Dimming Controls
4.4 Spectral and Environmental Control Metrics
4.4.1 Overview
4.4.2 Average Red:Blue:Far-Red Light Ratio Used in Commercial Operations
4.4.3 % Facilities Using Dynamic Spectrum Control and Sensors
4.4.4 Heat Output (BTU/hr) and Cooling Load Impact per Lighting Setup
4.4.5 Light Uniformity Index (UI) in Greenhouses and Vertical Farms
4.5 Smart Integration & Automation Metrics
4.5.1 Overview
4.5.2 % Integration with IoT and Cloud-Based Farm Management Systems
4.5.3 Sensor-Driven Adjustment Rate (%) for Light Intensity and Spectrum
4.5.4 AI Utilization in Predictive Crop Lighting Optimization
4.5.5 Connectivity Downtime (%) in Smart Lighting Networks
5. Horticulture Lighting Market Segmental Analysis & Forecast, By Offering, 2021 – 2032, Value (Usd Billion)
5.1 Introduction
5.2 Hardware
5.2.1 Key Trends
5.2.2 Market Size & Forecast, 2021 – 2032
5.3 Software
5.4 Services
6. Horticulture Lighting Market Segmental Analysis & Forecast, By Application, 2021 – 2032, Value (Usd Billion)
6.1 Introduction
6.2 Greenhouses
6.2.1 Key Trends
6.2.2 Market Size & Forecast, 2021 – 2032
6.3 Vertical Farms
6.4 Indoor Farms
7. Horticulture Lighting Market Segmental Analysis & Forecast, By Technology, 2021 – 2032, Value (Usd Billion)
7.1 Introduction
7.2 Fluorescent
7.2.1 Key Trends
7.2.2 Market Size & Forecast, 2021 – 2032
7.3 Led Strip Lighting
7.4 High-Intensity Discharge
8. Horticulture Lighting Market Segmental Analysis & Forecast, By Lighting Type, 2021 – 2032, Value (Usd Billion)
8.1 Introduction
8.2 Toplighting
8.2.1 Key Trends
8.2.2 Market Size & Forecast, 2021 – 2032
8.3 Interlighting
9. Horticulture Lighting Market Segmental Analysis & Forecast, By Cultivation, 2021 – 2032, Value (Usd Billion)
9.1 Introduction
9.2 Fruits And Vegetables
9.2.1 Key Trends
9.2.2 Market Size & Forecast, 2021 – 2032
9.3 Floriculture
9.4 Cannabis
10. Horticulture Lighting Market Segmental Analysis & Forecast, By Installation, 2021 – 2032, Value (Usd Billion)
10.1 Introduction
10.2 New Installations
10.2.1 Key Trends
10.2.2 Market Size & Forecast, 2021 – 2032
10.3 Retrofit Installations
11. Horticulture Lighting Market Segmental Analysis & Forecast By Region, 2021 – 2032, Value (Usd Billion)
11.1 Introduction
11.2 North America
11.2.1 Key Trends
11.2.2 Horticulture Lighting Market Size & Forecast, By Offering, 2021 – 2032
11.2.3 Horticulture Lighting Market Size & Forecast, By Application, 2021 – 2032
11.2.4 Horticulture Lighting Market Size & Forecast, By Technology, 2021 – 2032
11.2.5 Horticulture Lighting Market Size & Forecast, By Lighting Type, 2021 – 2032
11.2.6 Horticulture Lighting Market Size & Forecast, By Cultivation, 2021 – 2032
11.2.7 Horticulture Lighting Market Size & Forecast, By Installation, 2021 – 2032
11.2.8 Horticulture Lighting Market Size & Forecast, By Country, 2021 – 2032
11.2.8.1 USA
11.2.8.2 Canada
11.3 Europe
11.3.1 Key Trends
11.3.2 Horticulture Lighting Market Size & Forecast, By Offering, 2021 – 2032
11.3.3 Horticulture Lighting Market Size & Forecast, By Application, 2021 – 2032
11.3.4 Horticulture Lighting Market Size & Forecast, By Technology, 2021 – 2032
11.3.5 Horticulture Lighting Market Size & Forecast, By Lighting Type, 2021 – 2032
11.3.6 Horticulture Lighting Market Size & Forecast, By Cultivation, 2021 – 2032
11.3.7 Horticulture Lighting Market Size & Forecast, By Installation, 2021 – 2032
11.3.8 Horticulture Lighting Market Size & Forecast, By Country, 2021 – 2032
11.3.8.1 Germany
11.3.8.2 UK
11.3.8.3 France
11.3.8.4 Italy
11.3.8.5 Spain
11.3.8.6 Russia
11.3.8.7 Poland
11.3.8.8 Rest of Europe
11.4 Asia-Pacific
11.4.1 Key Trends
11.4.2 Horticulture Lighting Market Size & Forecast, By Offering, 2021 – 2032
11.4.3 Horticulture Lighting Market Size & Forecast, By Application, 2021 – 2032
11.4.4 Horticulture Lighting Market Size & Forecast, By Technology, 2021 – 2032
11.4.5 Horticulture Lighting Market Size & Forecast, By Lighting Type, 2021 – 2032
11.4.6 Horticulture Lighting Market Size & Forecast, By Cultivation, 2021 – 2032
11.4.7 Horticulture Lighting Market Size & Forecast, By Installation, 2021 – 2032
11.4.8 Horticulture Lighting Market Size & Forecast, By Country, 2021 – 2032
11.4.8.1 China
11.4.8.2 India
11.4.8.3 Japan
11.4.8.4 South Korea
11.4.8.5 Australia
11.4.8.6 ASEAN Countries
11.4.8.7 Rest of Asia-Pacific
11.5 Latin America
11.5.1 Key Trends
11.5.2 Horticulture Lighting Market Size & Forecast, By Offering, 2021 – 2032
11.5.3 Horticulture Lighting Market Size & Forecast, By Application, 2021 – 2032
11.5.4 Horticulture Lighting Market Size & Forecast, By Technology, 2021 – 2032
11.5.5 Horticulture Lighting Market Size & Forecast, By Lighting Type, 2021 – 2032
11.5.6 Horticulture Lighting Market Size & Forecast, By Cultivation, 2021 – 2032
11.5.7 Horticulture Lighting Market Size & Forecast, By Installation, 2021 – 2032
11.5.8 Horticulture Lighting Market Size & Forecast, By Country, 2021 – 2032
11.5.8.1 Brazil
11.5.8.2 Argentina
11.5.8.3 Mexico
11.5.8.4 Colombia
11.5.8.5 Rest of Latin America
11.6 Middle East & Africa
11.6.1 Key Trends
11.6.2 Horticulture Lighting Market Size & Forecast, By Offering, 2021 – 2032
11.6.3 Horticulture Lighting Market Size & Forecast, By Application, 2021 – 2032
11.6.4 Horticulture Lighting Market Size & Forecast, By Technology, 2021 – 2032
11.6.5 Horticulture Lighting Market Size & Forecast, By Lighting Type, 2021 – 2032
11.6.6 Horticulture Lighting Market Size & Forecast, By Cultivation, 2021 – 2032
11.6.7 Horticulture Lighting Market Size & Forecast, By Installation, 2021 – 2032
11.6.8 Horticulture Lighting Market Size & Forecast, By Country, 2021 – 2032
11.6.8.1 UAE
11.6.8.2 Saudi Arabia
11.6.8.3 Qatar
11.6.8.4 Egypt
11.6.8.5 South Africa
11.6.8.6 Rest of Middle East & Africa
12. Competitive Landscape
12.1 Key Players' Positioning
12.2 Competitive Developments
12.2.1 Key Strategies Adopted (%), By Key Players, 2024
12.2.2 Year-Wise Strategies & Development, 2021 – 2025
12.2.3 Number Of Strategies Adopted By Key Players, 2024
12.3 Market Share Analysis, 2024
12.4 Product/Service & Application Benchmarking
12.4.1 Product/Service Specifications & Features By Key Players
12.4.2 Product/Service Heatmap By Key Players
12.4.3 Application Heatmap By Key Players
12.5 Industry Start-Up & Innovation Landscape
12.6 Key Company Profiles
12.6.1 Signify Holding (N.V.) (formerly Philips Lighting)
12.6.1.1 Company Overview & Snapshot
12.6.1.2 Product/Service Portfolio
12.6.1.3 Key Company Financials
12.6.1.4 SWOT Analysis
12.6.2 ams OSRAM International GmbH
12.6.3 Gavita International B.V.
12.6.4 Heliospectra AB
12.6.5 Valoya Oy
12.6.6 California LightWorks, Inc.
12.6.7 Hortilux Schréder B.V.
12.6.8 ILUMINAR Lighting (U.S.)
12.6.9 Current Lighting Solutions, LLC
12.6.10 GE Lighting (Savant Technologies LLC)
12.6.11 ACUITY Brands, Inc.
12.6.12 Lumileds Holding B.V.
12.6.13 Cree, Inc. (LED business)
12.6.14 TCP Lighting (U.S.)
12.6.15 PARsource (U.S.)
12.6.16 EconoLux Industries Ltd. (China)
12.6.17 Bridgelux, Inc.
12.6.18 Agnetix (U.S.)
12.6.19 Everlight Electronics Co., Ltd.
12.6.20 Samsung Electronics Co., Ltd.
13. Analyst Recommendations
13.1 SNS Insider Opportunity Map
13.2 Industry Low-Hanging Fruit Assessment
13.3 Market Entry & Growth Strategy
13.4 Analyst Viewpoint & Suggestions On Market Growth
14. Assumptions
15. Disclaimer
16. Appendix
16.1 List Of Tables
16.2 List Of Figures