"North America Horticulture Lighting Market Size And Forecast by 2031

The North America Horticulture Lighting Market is a rapidly expanding industry that plays a critical role in shaping global economic dynamics. With its remarkable size, share, and scope, the market has become a focal point for innovation, investment, and growth. This comprehensive research report delves into the market's evolution, offering insights into its current performance and future outlook. It examines key factors such as demand, growth drivers, and revenue trends that are shaping the industry's trajectory.

Data Bridge Market Research analyses that the horticulture lighting market was valued at USD 2382.15 million in 2022 and is expected to reach the value of USD 9388.04 million by 2030, at a CAGR of 18.70% during the forecast period.

The growth trajectory of the North America Horticulture Lighting Market is shaped by various drivers, including technological advancements, favorable regulatory frameworks, and increasing investments in research and development. These growth drivers have catalyzed innovation, leading to the development of cutting-edge solutions that address the diverse needs of end-users.

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 Which are the top companies operating in the North America Horticulture Lighting Market?

The Top 10 Companies in North America Horticulture Lighting Marketare prominent players known for their leadership and innovation. These include companies recognized for their strong product offerings and market influence. These companies have built solid reputations through their commitment to quality, customer satisfaction, and staying ahead of industry trends, making them key competitors in the North America Horticulture Lighting Market.

 **Segments**

- By Technology: LED (Light Emitting Diode) Lighting, High-Intensity Discharge (HID) Lighting, Fluorescent Lighting, Others
- By Type: Toplighting, Interlighting, Supplemental Lighting
- By Application: Greenhouses, Vertical Farming, Indoor Farming

The North America horticulture lighting market is segmented based on technology, type, and application. The technology segment includes LED (Light Emitting Diode) lighting, High-Intensity Discharge (HID) lighting, fluorescent lighting, and others. LED lighting is gaining popularity in the market due to its energy efficiency and customizable spectral outputs that cater specifically to plant growth stages. The type segment comprises Toplighting, which is the traditional method of lighting from above the plants; Interlighting, where lights are placed within the canopy to penetrate deeper into the plants; and Supplemental Lighting, which provides additional light to natural sunlight. In the application segment, greenhouses, vertical farming, and indoor farming are the key areas where horticulture lighting is extensively used. Greenhouses dominate the market due to the increasing demand for year-round fresh produce and the need for optimized growing conditions.

**Market Players**

- Signify Holding
- OSRAM GmbH
- Heliospectra AB
- Gavita International B.V.
- General Electric Company
- Agrolux
- Illumitex Inc.
- Hortilux Schréder B.V.

Key players in the North America horticulture lighting market include Signify Holding, OSRAM GmbH, Heliospectra AB, Gavita International B.V., General Electric Company, Agrolux, Illumitex Inc., and Hortilux Schréder B.V. These companies focus on technological advancements, product launches, partnerships, and acquisitions to strengthen their market presence and meet the evolving needs of horticulture professionals. Signify Holding, formerly known as Philips Lighting, is a major player in the marketThe North America horticulture lighting market is witnessing significant growth and evolution driven by advancements in technology and a growing trend towards sustainable and efficient agricultural practices. LED lighting technology has emerged as a key driver in the market due to its energy efficiency, long lifespan, and the ability to deliver specific light spectra tailored to different plant growth stages. This technology offers horticulturists precise control over light intensity and spectrum, optimizing photosynthesis and ultimately improving crop yield and quality. As a result, LED lighting is increasingly replacing traditional lighting systems such as High-Intensity Discharge (HID) and fluorescent lighting, making it a dominant technology segment in the market.

In terms of lighting types, the market is segmented into Toplighting, Interlighting, and Supplemental Lighting. Toplighting, the conventional method of lighting from above, remains popular for its ease of installation and coverage of larger growing areas. Interlighting, on the other hand, is gaining traction for its ability to deliver light directly within the plant canopy, promoting better light penetration and distribution for enhanced growth. Supplemental Lighting is utilized to complement natural sunlight or primary lighting sources, ensuring a consistent light environment for plants. These different lighting types cater to the diverse requirements of various crops and cultivation methods, driving adoption across different segments of the horticulture industry.

Among the key applications of horticulture lighting in North America, greenhouses are the dominant segment due to the increasing demand for locally grown, fresh produce and the drive towards sustainable farming practices. Greenhouses equipped with advanced lighting technologies offer year-round production capabilities, enabling growers to cultivate a wide range of crops regardless of seasonal variations. Vertical farming, characterized by stacked growing layers in controlled indoor environments, is gaining momentum as a space-efficient and resource-saving cultivation method, further fueling the demand for horticulture lighting solutions. Indoor farming, including facilities such as plant factories and growth chambers, relies heavily on artificial lighting to simulate natural light conditions and support plant growth in enclosed spaces.

In conclusion**Market Players**

- Heliospectra AB (Sweden)
- excite LED Grow Lights (Switzerland)
- UPSHINE Lighting (China)
- TESLUX Lighting s.r.o. (Czechia)
- Hortisystems UK Ltd (U.K.)
- Ronfell Group (U.K.)
- General Electric (U.S.)
- Agrolux (Netherlands)
- Samsung (South Korea)
- Hortilux Schréder (Netherlands)
- ams-OSRAM International GmbH. (Germany)
- Signify Holding (Netherlands)
- Forge Europa (U.K.)
- TE Connectivity (Switzerland)
- Cree LED (U.S.)
- Valoya (Finland)
- EVERLIGHT ELECTRONICS CO., LTD. (Taiwan)
- Gavita (Netherlands)

**Market Analysis**

The North America horticulture lighting market is witnessing a robust growth trajectory driven by several key factors. One of the primary drivers is the increasing adoption of LED lighting technology in horticulture applications. LED lights offer energy efficiency, long lifespan, and customizable spectral outputs, making them highly suitable for optimizing plant growth in different stages. This shift towards LED technology also aligns with the broader trend towards sustainable and efficient agricultural practices, further propelling market growth.

In terms of lighting types, the segmentation of Toplighting, Interlighting, and Supplemental Lighting caters to the diverse needs of horticulture professionals. Toplighting remains popular for

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Key Insights from the Global North America Horticulture Lighting Market :

• Comprehensive Market Overview: The North America Horticulture Lighting Market is experiencing robust growth driven by technological advancements and increasing consumer demand.
• Industry Trends and Projections: The market is projected to expand at a CAGR of X% over the next five years, with a significant shift towards sustainability.
• Emerging Opportunities: Growing demand for innovative products and services presents new business opportunities in niche segments.
• Focus on R&D: Companies are investing heavily in research and development to stay ahead in a competitive market landscape.
• Leading Player Profiles: Key players include known for their market leadership and innovation.
• Market Composition: The market is fragmented, with both large corporations and small enterprises playing vital roles.
• Revenue Growth: The market has seen a steady increase in revenue, driven by strong consumer adoption and product diversification.
• Commercial Opportunities: Businesses can capitalize on untapped regional markets and technological advancements to gain a competitive edge.

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