The North America Horticulture Lighting Market would witness market growth of 20.9% CAGR during the forecast period (2022-2028).
Due to an increase in demand for improved lighting technologies, the horticulture lighting market is estimated to grow in the upcoming period. Moreover, these lights are utilized for fruit and vegetable cultivation as well as floriculture, or flower farming, which is predicted to drive market expansion. Furthermore, demand for horticulture lighting systems is increasing in vertical farming applications, which encourages vertical farming producers to put up efficient operations, driving the market growth. Toshiba & Panasonic have begun assisting growers with technical & financial aid in the establishment of vertical farms. Such advancements in vertical farming are fuelling the growth of the horticulture lighting industry.
Over the last few years, various countries throughout the world have legalized cannabis for medicinal uses, increasing the market's growth. The government has approved medical cannabis in 33 states, comprising Arizona, Alaska, Delaware, Connecticut, Arkansas, Columbia District, Colorado, California, Hawaii, Florida, and Illinois. Cannabis sales have also been fully legalized across the country in Canada. This has resulted in the expansion in the production of cannabis. Growing cannabis on indoor farms necessitates the use of horticulture lighting.
For industrial participants, the fast adoption of innovative agriculture practices in developing nations represents a potential opportunity. Artificial light use for farming is now fairly low, in various countries but with the rising popularity of horticulture & indoor crop production techniques, it is predicted to rapidly increase in the next years.
The US market dominated the North America Horticulture Lighting Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,162.4 million by 2028. The Canada market is poised to grow at a CAGR of 23.7% during (2022 - 2028). Additionally, The Mexico market would display a CAGR of 22.6% during (2022 - 2028).
Based on Offering, the market is segmented into Hardware and Software & Services. Based on Technology, the market is segmented into LED, HID, Fluorescent, and Others. Based on Application, the market is segmented into Greenhouses, Vertical Farms, Indoor Farms, and Others. Based on Cultivation, the market is segmented into Fruits & Vegetables, Floriculture, and Others. Based on Lighting Type, the market is segmented into Toplighting and Interlighting. Based on Installation Type, the market is segmented into New Installations and Retrofit Installations. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Horticulture Lighting Market is Estimated to reach $11.1 Billion by 2028, at a CAGR of 21.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Signify N.V., LumiGrow, Inc., Heliospectra AB, Iluminar Lighting LLC., Gavita International B.V., California LightWorks, Valoya Oy, Hortilux Schréder, and Eye Hortilux.
Scope of the Study
Market Segments Covered in the Report:
By Offering
- Hardware
- Software & Services
By Technology
- LED
- HID
- Fluorescent
- Others
By Application
- Greenhouses
- Vertical Farms
- Indoor Farms
- Others
By Cultivation
- Fruits & Vegetables
- Floriculture
- Others
By Lighting Type
- Toplighting
- Interlighting
By Installation Type
- New Installations
- Retrofit Installations
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Signify N.V.
- LumiGrow, Inc.
- Heliospectra AB
- Iluminar Lighting LLC.
- Gavita International B.V.
- California LightWorks
- Valoya Oy
- Hortilux Schréder
- Eye Hortilux
Related Reports:
Global Horticulture Lighting Market Report 2022-2028
Europe Horticulture Lighting Market Report 2022-2028
Asia Pacific Horticulture Lighting Market Report 2022-2028
LAMEA Horticulture Lighting Market Report 2022-2028
TABLE 1 North America Horticulture Lighting Market, 2018 - 2021, USD Million
TABLE 2 North America Horticulture Lighting Market, 2022 - 2028, USD Million
TABLE 3 North America Horticulture Lighting Market by Offering, 2018 - 2021, USD Million
TABLE 4 North America Horticulture Lighting Market by Offering, 2022 - 2028, USD Million
TABLE 5 North America Hardware Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Hardware Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Software & Services Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Software & Services Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Horticulture Lighting Market by Technology, 2018 - 2021, USD Million
TABLE 10 North America Horticulture Lighting Market by Technology, 2022 - 2028, USD Million
TABLE 11 North America LED Market by Country, 2018 - 2021, USD Million
TABLE 12 North America LED Market by Country, 2022 - 2028, USD Million
TABLE 13 North America HID Market by Country, 2018 - 2021, USD Million
TABLE 14 North America HID Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Fluorescent Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Fluorescent Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Horticulture Lighting Market by Application, 2018 - 2021, USD Million
TABLE 20 North America Horticulture Lighting Market by Application, 2022 - 2028, USD Million
TABLE 21 North America Greenhouses Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Greenhouses Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Vertical Farms Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Vertical Farms Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Indoor Farms Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Indoor Farms Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Horticulture Lighting Market by Cultivation, 2018 - 2021, USD Million
TABLE 30 North America Horticulture Lighting Market by Cultivation, 2022 - 2028, USD Million
TABLE 31 North America Fruits & Vegetables Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Fruits & Vegetables Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Floriculture Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Floriculture Market by Country, 2022 - 2028, USD Million
TABLE 35 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 36 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 37 North America Horticulture Lighting Market by Lighting Type, 2018 - 2021, USD Million
TABLE 38 North America Horticulture Lighting Market by Lighting Type, 2022 - 2028, USD Million
TABLE 39 North America Toplighting Market by Country, 2018 - 2021, USD Million
TABLE 40 North America Toplighting Market by Country, 2022 - 2028, USD Million
TABLE 41 North America Interlighting Market by Country, 2018 - 2021, USD Million
TABLE 42 North America Interlighting Market by Country, 2022 - 2028, USD Million
TABLE 43 North America Horticulture Lighting Market by Installation Type, 2018 - 2021, USD Million
TABLE 44 North America Horticulture Lighting Market by Installation Type, 2022 - 2028, USD Million
TABLE 45 North America New Installations Market by Country, 2018 - 2021, USD Million
TABLE 46 North America New Installations Market by Country, 2022 - 2028, USD Million
TABLE 47 North America Retrofit Installations Market by Country, 2018 - 2021, USD Million
TABLE 48 North America Retrofit Installations Market by Country, 2022 - 2028, USD Million
TABLE 49 North America Horticulture Lighting Market by Country, 2018 - 2021, USD Million
TABLE 50 North America Horticulture Lighting Market by Country, 2022 - 2028, USD Million
TABLE 51 US Horticulture Lighting Market, 2018 - 2021, USD Million
TABLE 52 US Horticulture Lighting Market, 2022 - 2028, USD Million
TABLE 53 US Horticulture Lighting Market by Offering, 2018 - 2021, USD Million
TABLE 54 US Horticulture Lighting Market by Offering, 2022 - 2028, USD Million
TABLE 55 US Horticulture Lighting Market by Technology, 2018 - 2021, USD Million
TABLE 56 US Horticulture Lighting Market by Technology, 2022 - 2028, USD Million
TABLE 57 US Horticulture Lighting Market by Application, 2018 - 2021, USD Million
TABLE 58 US Horticulture Lighting Market by Application, 2022 - 2028, USD Million
TABLE 59 US Horticulture Lighting Market by Cultivation, 2018 - 2021, USD Million
TABLE 60 US Horticulture Lighting Market by Cultivation, 2022 - 2028, USD Million
TABLE 61 US Horticulture Lighting Market by Lighting Type, 2018 - 2021, USD Million
TABLE 62 US Horticulture Lighting Market by Lighting Type, 2022 - 2028, USD Million
TABLE 63 US Horticulture Lighting Market by Installation Type, 2018 - 2021, USD Million
TABLE 64 US Horticulture Lighting Market by Installation Type, 2022 - 2028, USD Million
TABLE 65 Canada Horticulture Lighting Market, 2018 - 2021, USD Million
TABLE 66 Canada Horticulture Lighting Market, 2022 - 2028, USD Million
TABLE 67 Canada Horticulture Lighting Market by Offering, 2018 - 2021, USD Million
TABLE 68 Canada Horticulture Lighting Market by Offering, 2022 - 2028, USD Million
TABLE 69 Canada Horticulture Lighting Market by Technology, 2018 - 2021, USD Million
TABLE 70 Canada Horticulture Lighting Market by Technology, 2022 - 2028, USD Million
TABLE 71 Canada Horticulture Lighting Market by Application, 2018 - 2021, USD Million
TABLE 72 Canada Horticulture Lighting Market by Application, 2022 - 2028, USD Million
TABLE 73 Canada Horticulture Lighting Market by Cultivation, 2018 - 2021, USD Million
TABLE 74 Canada Horticulture Lighting Market by Cultivation, 2022 - 2028, USD Million
TABLE 75 Canada Horticulture Lighting Market by Lighting Type, 2018 - 2021, USD Million
TABLE 76 Canada Horticulture Lighting Market by Lighting Type, 2022 - 2028, USD Million
TABLE 77 Canada Horticulture Lighting Market by Installation Type, 2018 - 2021, USD Million
TABLE 78 Canada Horticulture Lighting Market by Installation Type, 2022 - 2028, USD Million
TABLE 79 Mexico Horticulture Lighting Market, 2018 - 2021, USD Million
TABLE 80 Mexico Horticulture Lighting Market, 2022 - 2028, USD Million
TABLE 81 Mexico Horticulture Lighting Market by Offering, 2018 - 2021, USD Million
TABLE 82 Mexico Horticulture Lighting Market by Offering, 2022 - 2028, USD Million
TABLE 83 Mexico Horticulture Lighting Market by Technology, 2018 - 2021, USD Million
TABLE 84 Mexico Horticulture Lighting Market by Technology, 2022 - 2028, USD Million
TABLE 85 Mexico Horticulture Lighting Market by Application, 2018 - 2021, USD Million
TABLE 86 Mexico Horticulture Lighting Market by Application, 2022 - 2028, USD Million
TABLE 87 Mexico Horticulture Lighting Market by Cultivation, 2018 - 2021, USD Million
TABLE 88 Mexico Horticulture Lighting Market by Cultivation, 2022 - 2028, USD Million
TABLE 89 Mexico Horticulture Lighting Market by Lighting Type, 2018 - 2021, USD Million
TABLE 90 Mexico Horticulture Lighting Market by Lighting Type, 2022 - 2028, USD Million
TABLE 91 Mexico Horticulture Lighting Market by Installation Type, 2018 - 2021, USD Million
TABLE 92 Mexico Horticulture Lighting Market by Installation Type, 2022 - 2028, USD Million
TABLE 93 Rest of North America Horticulture Lighting Market, 2018 - 2021, USD Million
TABLE 94 Rest of North America Horticulture Lighting Market, 2022 - 2028, USD Million
TABLE 95 Rest of North America Horticulture Lighting Market by Offering, 2018 - 2021, USD Million
TABLE 96 Rest of North America Horticulture Lighting Market by Offering, 2022 - 2028, USD Million
TABLE 97 Rest of North America Horticulture Lighting Market by Technology, 2018 - 2021, USD Million
TABLE 98 Rest of North America Horticulture Lighting Market by Technology, 2022 - 2028, USD Million
TABLE 99 Rest of North America Horticulture Lighting Market by Application, 2018 - 2021, USD Million
TABLE 100 Rest of North America Horticulture Lighting Market by Application, 2022 - 2028, USD Million
TABLE 101 Rest of North America Horticulture Lighting Market by Cultivation, 2018 - 2021, USD Million
TABLE 102 Rest of North America Horticulture Lighting Market by Cultivation, 2022 - 2028, USD Million
TABLE 103 Rest of North America Horticulture Lighting Market by Lighting Type, 2018 - 2021, USD Million
TABLE 104 Rest of North America Horticulture Lighting Market by Lighting Type, 2022 - 2028, USD Million
TABLE 105 Rest of North America Horticulture Lighting Market by Installation Type, 2018 - 2021, USD Million
TABLE 106 Rest of North America Horticulture Lighting Market by Installation Type, 2022 - 2028, USD Million
TABLE 107 Key Information – Signify N.V.
TABLE 108 Key Information – LumiGrow, Inc.
TABLE 109 key information – Heliospectra AB
TABLE 110 Key Information – Iluminar Lighting LLC.
TABLE 111 Key Information – Gavita International B.V.
TABLE 112 Key Information – California LightWorks
TABLE 113 Key Information – Valoya Oy
TABLE 114 Key Information – Hortilux Schréder
TABLE 115 Key Information – Eye Hortilux
List of Figures
FIG 1 Methodology for the research