PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1742673
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1742673
LED Horticulture Market - Forecasts from 2025 to 2030
The LED Horticulture Market is expected to grow from US$2.371 billion in 2025 to US$4.363 billion in 2030, at a CAGR of 12.97%.
As per horticulture research, radiation at some relatively narrow spectral bands drives the photosynthesis process by optimizing chlorophyll absorption. As scientists continue to match the monochromatic spectrum to different plants and stages of growth, LED manufacturers are tapping into the rapidly growing horticulture lighting market. The use of LEDs to grow herbs, fruits, vegetables, and flowers is a smart choice as it leads to energy and water savings and greater productivity. The rising global population and shrinking available farmland are driving the market growth. The use of LEDs is also establishing itself as a greener alternative to traditional farming methods.
LED Horticulture Market Growth Drivers:
- Need to fulfill food requirements of a growing world population
- Limitation of geography and weather as different plants have different requirements
- Limited availability of resources in terms of land, water and energy
LED Horticulture Market Restraint:
- High cost involved
- Technological and infrastructural constraints in certain areas
MARKET SEGMENTATION:
- By cultivation
- Fruits and Vegetables
- Flowers or Floriculture
- Others
By Spectrum Type
- Full Spectrum
- Red & Blue Spectrum
- UV & Far-Red Spectrum
- Customized Spectrum
By Application
- Greenhouse
- Vertical Farming
- Indoor Farming
- Others
- By Geography
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
Companies Profiled
- Philips
- Signify Holding
- OSRAM GmbH
- Samsung Electronics
- General Electric
- LG Innotek
- Luminus
- Nichia
- Gavita
- Valoya
- Heliospectra
TABLE OF CONTENTS
1. EXECUTIVE SUMMARY
2. MARKET SNAPSHOT
- 2.1. Market Overview
- 2.2. Market Definition
- 2.3. Scope of the Study
- 2.4. Market Segmentation
3. BUSINESS LANDSCAPE
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 3.4. Porter's Five Forces Analysis
- 3.5. Industry Value Chain Analysis
- 3.6. Policies and Regulations
- 3.7. Strategic Recommendations
4. TECHNOLOGICAL OUTLOOK
5. LED HORTICULTURE MARKET BY CULTIVATION
- 5.1. Introduction
- 5.2. Fruits and Vegetables
- 5.3. Flowers or Floriculture
- 5.4. Others
6. LED HORTICULTURE MARKET BY SPECTRUM TYPE
- 6.1. Introduction
- 6.2. Full Spectrum
- 6.3. Red & Blue Spectrum
- 6.4. UV & Far-Red Spectrum
- 6.5. Customized Spectrum
7. LED HORTICULTURE MARKET BY APPLICATION
- 7.1. Introduction
- 7.2. Greenhouse
- 7.3. Vertical Farming
- 7.4. Indoor Farming
- 7.5. Others
8. LED HORTICULTURE MARKET BY GEOGRAPHY
- 8.1. Introduction
- 8.2. North America
- 8.2.1. By Cultivation
- 8.2.2. By Spectrum Type
- 8.2.3. By Application
- 8.2.4. By Country
- 8.2.4.1. USA
- 8.2.4.2. Canada
- 8.2.4.3. Mexico
- 8.3. South America
- 8.3.1. By Cultivation
- 8.3.2. By Spectrum Type
- 8.3.3. By Application
- 8.3.4. By Country
- 8.3.4.1. Brazil
- 8.3.4.2. Argentina
- 8.3.4.3. Others
- 8.4. Europe
- 8.4.1. By Cultivation
- 8.4.2. By Spectrum Type
- 8.4.3. By Application
- 8.4.4. By Country
- 8.4.4.1. United Kingdom
- 8.4.4.2. Germany
- 8.4.4.3. France
- 8.4.4.4. Spain
- 8.4.4.5. Others
- 8.5. Middle East and Africa
- 8.5.1. By Cultivation
- 8.5.2. By Spectrum Type
- 8.5.3. By Application
- 8.5.4. By Country
- 8.5.4.1. Saudi Arabia
- 8.5.4.2. UAE
- 8.5.4.3. Others
- 8.6. Asia Pacific
- 8.6.1. By Cultivation
- 8.6.2. By Spectrum Type
- 8.6.3. By Application
- 8.6.4. By Country
- 8.6.4.1. China
- 8.6.4.2. Japan
- 8.6.4.3. India
- 8.6.4.4. South Korea
- 8.6.4.5. Taiwan
- 8.6.4.6. Others
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
- 9.1. Major Players and Strategy Analysis
- 9.2. Market Share Analysis
- 9.3. Mergers, Acquisitions, Agreements, and Collaborations
- 9.4. Competitive Dashboard
10. COMPANY PROFILES
- 10.1. Philips
- 10.2. Signify Holding
- 10.3. OSRAM GmbH
- 10.4. Samsung Electronics
- 10.5. General Electric
- 10.6. LG Innotek
- 10.7. Luminus
- 10.8. Nichia
- 10.9. Gavita
- 10.10. Valoya
- 10.11. Heliospectra
11. APPENDIX
- 11.1. Currency
- 11.2. Assumptions
- 11.3. Base and Forecast Years Timeline
- 11.4. Key Benefits for the Stakeholders
- 11.5. Research Methodology
- 11.6. Abbreviations
