Global Horticulture Lighting Market - Industry Trends and Forecast to 2030

Description

List of Tables

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

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

15.8 CALIFORNIA LIGHTWORKS 337
- 15.8.1 COMPANY SNAPSHOT 337
- 15.8.2 SOLUTION PORTFOLIO 337
- 15.8.3 RECENT DEVELOPMENTS 339
15.9 EVERLIGHT ELECTRONICS CO., LTD. 341
- 15.9.1 COMPANY SNAPSHOT 341
- 15.9.2 REVENUE ANALYSIS 341
- 15.9.3 PRODUCT PORTFOLIO 342
- 15.9.4 RECENT DEVELOPMENTS 342
15.10 EXCITE LED GROW LIGHTS 344
- 15.10.1 COMPANY SNAPSHOT 344
- 15.10.2 PRODUCT PORTFOLIO 344
- 15.10.3 RECENT DEVELOPMENT 345
15.11 FORGE EUROPA 346
- 15.11.1 COMPANY SNAPSHOT 346
- 15.11.2 PRODUCT PORTFOLIO 346
- 15.11.3 RECENT DEVELOPMENTS 346
15.12 HELIOSPECTRA 348
- 15.12.1 COMPANY SNAPSHOT 348
- 15.12.2 REVENUE ANALYSIS 348
- 15.12.3 PRODUCT PORTFOLIO 349
- 15.12.4 RECENT DEVELOPMENTS 349
15.13 HORTICULTURE LIGHTING GROUP 351
- 15.13.1 COMPANY SNAPSHOT 351
- 15.13.2 PRODUCT PORTFOLIO 351
- 15.13.3 RECENT DEVELOPMENT 353
15.14 HORTILUX SCHREDER 354
- 15.14.1 COMPANY SNAPSHOT 354
- 15.14.2 PRODUCT PORTFOLIO 354
- 15.14.3 RECENT DEVELOPMENTS 356
15.15 MIDSTREAM LTD. 357
- 15.15.1 COMPANY SNAPSHOT 357
- 15.15.2 PRODUCT PORTFOLIO 357
- 15.15.3 RECENT DEVELOPMENTS 357
15.16 SANANBIO 359
- 15.16.1 COMPANY SNAPSHOT 359
- 15.16.2 PRODUCT PORTFOLIO 359
- 15.16.3 RECENT DEVELOPMENTS 361
15.17 SMART GLOBAL HOLDINGS, INC. 362
- 15.17.1 COMPANY SNAPSHOT 362
- 15.17.2 REVENUE ANALYSIS 362
- 15.17.3 PRODUCT PORTFOLIO 363
- 15.17.4 RECENT DEVELOPMENTS 365
15.18 SAVANT SYSTEMS, INC 367
- 15.18.1 COMPANY SNAPSHOT 367
- 15.18.2 PRODUCT PORTFOLIO 367
- 15.18.3 RECENT DEVELOPMENTS 368
15.19 TE CONNECTIVITY 369
- 15.19.1 COMPANY SNAPSHOT 369
- 15.19.2 REVENUE ANALYSIS 369
- 15.19.3 PRODUCT PORTFOLIO 370
- 15.19.4 RECENT DEVELOPMENTS 373
15.20 TESLUX LIGHTING S.R.O. 375
- 15.20.1 COMPANY SNAPSHOT 375
- 15.20.2 PRODUCT PORTFOLIO 375
- 15.20.3 RECENT DEVELOPMENTS 376
15.21 THE RONFELL GROUP 377
- 15.21.1 COMPANY SNAPSHOT 377
- 15.21.2 PRODUCT PORTFOLIO 377
- 15.21.3 RECENT DEVELOPMENT 377
15.22 THRIVE AGRITECH 378
- 15.22.1 COMPANY SNAPSHOT 378
- 15.22.2 SOLUTION PORTFOLIO 378
- 15.22.3 RECENT DEVELOPMENTS 379
15.23 VALOYA, INC 381
- 15.23.1 COMPANY SNAPSHOT 381
- 15.23.2 PRODUCT PORTFOLIO 381
- 15.23.3 RECENT DEVELOPMENTS 382

16 QUESTIONNAIRE 384

17 RELATED REPORTS 387

LIST OF FIGURES

FIGURE 1 GLOBAL HORTICULTURE LIGHTING MARKET: SEGMENTATION 44
FIGURE 2 GLOBAL HORTICULTURE LIGHTING MARKET: DATA TRIANGULATION 47
FIGURE 3 GLOBAL HORTICULTURE LIGHTING MARKET: DROC ANALYSIS 48
FIGURE 4 GLOBAL HORTICULTURE LIGHTING MARKET: GLOBAL VS REGIONAL MARKET ANALYSIS 49
FIGURE 5 GLOBAL HORTICULTURE LIGHTING MARKET: COMPANY RESEARCH ANALYSIS 49
FIGURE 6 GLOBAL HORTICULTURE LIGHTING MARKET: INTERVIEW DEMOGRAPHICS 50
FIGURE 7 GLOBAL HORTICULTURE LIGHTING MARKET: DBMR MARKET POSITION GRID 51
FIGURE 8 GLOBAL HORTICULTURE LIGHTING MARKET: VENDOR SHARE ANALYSIS 53
FIGURE 9 GLOBAL HORTICULTURE LIGHTING MARKET: MARKET END-USER COVERAGE GRID 54
FIGURE 10 GLOBAL HORTICULTURE LIGHTING MARKET: MULTIVARIATE MODELLING 55
FIGURE 11 GLOBAL HORTICULTURE LIGHTING MARKET: OFFERING TYPE TIMELINE CURVE 56
FIGURE 12 GLOBAL HORTICULTURE LIGHTING MARKET: SEGMENTATION 60
FIGURE 13 EUROPE IS EXPECTED TO DOMINATE AND ASIA-PACIFIC IS THE FASTEST-GROWING REGION IN THE GLOBAL HORTICULTURE LIGHTING MARKET IN THE FORECAST PERIOD OF 2023 TO 2030 61
FIGURE 14 AISA-PACIFIC IS THE FASTEST-GROWING MARKET FOR GLOBAL HORTICULTURE LIGHTING MARKET MANUFACTURERS IN THE FORECAST PERIOD OF 2023 TO 2030 62
FIGURE 15 GROWING DEMAND FOR ORGANIC FOOD IS EXPECTED TO BE A KEY DRIVER FOR THE GLOBAL HORTICULTURE LIGHTING MARKET IN THE FORECAST PERIOD OF 2023 TO 2030 63
FIGURE 16 HARDWARE SEGMENT IS EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF THE GLOBAL HORTICULTURE LIGHTING MARKET FROM 2023 TO 2030 63
FIGURE 17 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF THE GLOBAL HORTICULTURE LIGHTING MARKET 66
FIGURE 18 GLOBAL HORTICULTURE LIGHTING MARKET: BY OFFERING, 2022 81
FIGURE 19 GLOBAL HORTICULTURE LIGHTING MARKET: BY DEPLOYMENT, 2022 87
FIGURE 20 GLOBAL HORTICULTURE LIGHTING MARKET, BY LIGHTING TYPE, 2022 90
FIGURE 21 GLOBAL HORTICULTURE LIGHTING MARKET: BY CULTIVATION, 2022 95
FIGURE 22 GLOBAL HORTICULTURE LIGHTING MARKET: BY TECHNOLOGY, 2022 99
FIGURE 23 GLOBAL HORTICULTURE LIGHTING MARKET: BY APPLICATION, 2022 104
FIGURE 24 GLOBAL HORTICULTURE LIGHTING MARKET: SNAPSHOT (2022) 109
FIGURE 25 GLOBAL HORTICULTURE LIGHTING MARKET: BY REGION (2022) 110
FIGURE 26 GLOBAL HORTICULTURE LIGHTING MARKET: BY REGION (2023 & 2030) 110
FIGURE 27 GLOBAL HORTICULTURE LIGHTING MARKET: BY REGION (2022 & 2030) 111
FIGURE 28 GLOBAL HORTICULTURE LIGHTING MARKET: BY OFFERING (2023-2030) 111
FIGURE 29 GLOBAL HORTICULTURE LIGHTING MARKET: COMPANY SHARE 2022 (%) 306
FIGURE 30 NORTH AMERICA HORTICULTURE LIGHTING MARKET: COMPANY SHARE 2022 (%) 307
FIGURE 31 EUROPE HORTICULTURE LIGHTING MARKET: COMPANY SHARE 2022 (%) 308
FIGURE 32 ASIA-PACIFIC HORTICULTURE LIGHTING MARKET: COMPANY SHARE 2022 (%) 309