Global Floriculture Lighting Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Offering;

Hardware, Software, and Services.

By Application;

Greenhouses, Vertical Farming, Indoor Farming, and Others.

By Technology;

Fluorescent, High-Intensity Discharge, and Other.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn954747691 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Floriculture Lighting Market (USD Million), 2021 - 2031

In the year 2024, the Global Floriculture Lighting Market was valued at USD 3,489.16 million. The size of this market is expected to increase to USD 12,425.20 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 19.9%.

The global floriculture lighting market is experiencing robust growth driven by the increasing adoption of controlled environment agriculture (CEA) practices and the rising demand for high-quality flowers and ornamental plants year-round. Floriculture lighting refers to specialized lighting systems designed to enhance plant growth, flowering, and overall yield in controlled environments such as greenhouses, vertical farms, and indoor facilities. These lighting solutions are crucial for providing optimal light spectra and intensity that mimic natural sunlight, thereby promoting photosynthesis and improving plant health and productivity.

Technological advancements in LED lighting have revolutionized the floriculture industry, offering energy-efficient alternatives to traditional lighting sources like high-pressure sodium (HPS) lamps. LED grow lights can be customized to emit specific wavelengths of light that are most beneficial for different stages of plant growth, from propagation to flowering. This flexibility not only improves crop quality but also reduces energy consumption and operational costs for growers worldwide.

The shift towards sustainable agricultural practices and the increasing awareness of environmental impacts have spurred innovations in floriculture lighting. Manufacturers are focusing on developing eco-friendly lighting solutions that minimize carbon footprints and maximize resource efficiency. As a result, the global floriculture lighting market is expected to continue its expansion, driven by technological innovation, regulatory support for sustainable agriculture, and the growing demand for fresh, locally grown flowers and plants throughout the year.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Offering
    2. Market Snapshot, By Application
    3. Market Snapshot, By Technology
    4. Market Snapshot, By Region
  4. Global Floriculture Lighting Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements in LED Lighting
        2. Increasing Adoption of Vertical Farming
        3. Growing Demand for Organic Produce
        4. Government Support and Initiatives
        5. Expansion of Controlled Environment Agriculture (CEA)
      2. Restraints
        1. High Initial Investment Costs
        2. Limited Awareness and Education
        3. Complex Regulatory Landscape
        4. Operational Challenges
        5. Dependence on External Factors (e.g., Weather)
      3. Opportunities
        1. Emerging Markets in Developing Countries
        2. Research and Development in Horticulture Lighting
        3. Collaboration and Partnerships
        4. Rising Consumer Awareness and Demand for Sustainability
        5. Technological Innovations in Smart Lighting
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Floriculture Lighting Market, By Offering , 2021 - 2031 (USD Million)
      1. Hardware
      2. Software
      3. Services
    2. Global Floriculture Lighting Market, By Application , 2021 - 2031 (USD Million)
      1. Greenhouses
      2. Vertical Farming
      3. Indoor Farming
      4. Others
    3. Global Floriculture Lighting Market, By Technology , 2021 - 2031 (USD Million)
      1. Fluorescent
      2. High-Intensity Discharge
      3. Other
    4. Global Floriculture Lighting Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Signify (formerly Philips Lighting)
      2. Osram Licht AG
      3. General Electric Company (GE)
      4. Cree, Inc.
      5. Heliospectra AB
  7. Analyst Views
  8. Future Outlook of the Market