Press release
New Agricultural Techniques To Boost Horticulture Lighting Market Growth
Growth drivers such as population boom, the adoption of improved agriculture methods, legalization of hemp for medical purposes, and focus of governments on energy-efficient solutions are propelling the demand for horticulture lighting systems. Due to these factors, the horticulture lighting market will advance at a CAGR of 18.1% between 2020 and 2030 (forecast period). At this rate, the market value is expected to increase from $3.2 billion in 2019 to $20.3 billion by 2030.Among the numerous advanced agricultural methods, vertical farming is the most prominent trend being observed in the horticulture lighting market. Vertical farming encompasses the cultivation of crops in containers kept one above the other, indoors, with artificial light the only source of illumination. The agricultural community is opting for this method due to the reduction in arable land and growth in population. The employment of this technique helps in maximizing the use of limited space, reducing the need for soil, and curtailing water consumption by nearly 90%.
Request for sample pages of this report: https://www.psmarketresearch.com/market-analysis/uae-heating-equipment-market/report-sample
The surging population is one of the prime factors driving the market growth. According to the United Nations, the global population is estimated to increase from 7.7 billion in 2019 to approximately 8.5 billion in 2030. Much of the population boom will be registered in Brazil, China, India, and the U.S. The increasing population has already raised the demand for food products, which can be met by shifting to indoor and greenhouse farming techniques. The adoption of these practices is, thus, augmenting the demand for horticulture lighting systems.
The categories under the technology segment of the horticulture lighting market include light-emitting diode (LED), fluorescent, high-intensity discharge (HID), and others. Amongst these, the LED category held the largest share in 2019 because of the low cost of LED lights, which is why their use in indoor and greenhouse agriculture is increasing significantly. These lights assist in improving the quality of the crops, as they are ideal for the growth of plants because of their intensity. Moreover, LED lights consume lesser energy in comparison to HIDs, incandescent, and fluorescent bulbs.
During the forecast period, the Asia-Pacific (APAC) region will register the fastest growth in the horticulture lighting market due to the surging demand for agricultural products. The region is observing a sudden shift toward indoor and greenhouse farming owing to the surging population and rising disposable income. Additionally, Europe will dominate the market till 2030, as it accounts for the highest production and export of fruits, vegetables, and flowers. Moreover, the presence of market players such as Heliospectra AB, Signify N.V., and Osram Licht AG will drive the regional market growth.
Browse full report at: https://www.psmarketresearch.com/market-analysis/uae-heating-equipment-market
Moreover, players in the horticulture lighting market have immense growth opportunities in developing countries. Currently, the application of artificial lights in the farming sector is relatively low in emerging nations, including India, South Africa, and Brazil. However, in the coming years, the popularity of indoor crop cultivation and horticulture concepts is expected to pick up in these countries at a rapid pace. Additionally, the production of these lights in large numbers will lead to a reduction in their cost in the future.
Thus, the swift adoption of new agricultural methods will propel the market growth in the future.
Contact:
P&S Intelligence
Phone: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Follow Us: https://www.linkedin.com/company/pnsintelligence/
P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release New Agricultural Techniques To Boost Horticulture Lighting Market Growth here
News-ID: 2763519 • Views: …
More Releases from P&S Intelligence

U.S. ESG Investments Market Set to Skyrocket: $16 Trillion by 2032
According to the latest market research study published by P&S Intelligence, the U.S. Environmental, Social, and Governance (ESG) investments market is experiencing a significant surge, with projections indicating an increase from $6.5 trillion in 2024 to an estimated $16.0 trillion by 2032. This represents a robust compound annual growth rate (CAGR) of 12.1% over the forecast period.
According to a comprehensive analysis by P&S Intelligence, the market's expansion is driven…

Facility Management in the U.K. Booms with 14.1% CAGR as Demand Soars Across Sec …
According to the latest market research study published by P&S Intelligence, the U.K. facility management market is poised for significant growth, with projected revenues reaching USD 2,743.3 million in 2024 and expected to soar to USD 6,038.4 million by 2030, reflecting a robust CAGR of 14.1% during the forecast period.
This expansion is fueled by a surge in demand across both public and private sectors. According to the RICS U.K.…

Point-of-Sale Software Market in the U.S. Set to Grow by 9.7% CAGR, Boosted by O …
According to the latest market research study published by P&S Intelligence, the U.S. point-of-sale (POS) software market, valued at USD 4.7 billion in 2024, is poised for significant growth over the coming years, with projections estimating it will reach USD 9.8 billion by 2032, expanding at a compound annual growth rate (CAGR) of 9.7%. This growth is attributed to rapid technological advancements, a surge in mobile and cloud-based POS systems,…

Competitive Landscape of the Industrial Starches Market: Key Players, Trends, an …
According to the latest market research study published by P&S Intelligence, the global industrial starches market is poised for significant growth, with a projected increase from USD 110.3 billion in 2024 to USD 169.9 billion by 2030, at a robust compound annual growth rate (CAGR) of 7.5%. Industrial starches play a crucial role in diverse sectors, including food, pharmaceuticals, and paper, driven by their unique properties such as stabilizing, thickening,…
More Releases for LED
HSC LED Successfully Delivers Taxi LED Displays to Moldova
HSC LED [https://www.hscled.com/] is pleased to announce the successful completion of a major project involving the delivery of taxi LED displays to Moldova. This achievement underscores our dedication to providing high-quality, innovative LED display solutions to global markets.
Image: https://www.abnewswire.com/upload/2025/03/c632e02b61fa3f45fb036d4012a026b5.jpg
This project involved the production and deployment of state-of-the-art taxi top LED displays, designed for high visibility, durability, and intelligent operation. Equipped with high brightness levels, waterproof protection, and efficient heat dissipation,…
Enhancing LED Lighting: What is a reflective LED light?
Nowadays, LED lights [https://www.cnblight.com/products/] have become the mainstream of lighting. There is an interesting question, why do LED lights in homes nowadays, whether they are desk lamps, pendant lamps, ceiling lamps, etc., often need to add a lamp shell? You should know that LED lights emit solid light, unlike traditional lamps such as incandescent lamps and fluorescent lamps, which require a lamp shell on the outside.
There are many reasons that…
Global Backlight LED Market| Global Backlight LED Industry | Backlight LED Marke …
The backlight LED market comprises of sales of Backlight LED & related services. LED backlight is a flat panel display that uses LED backlighting instead of cold cathode fluorescent (CCFL) backlighting. LED backlight displays also use thin-film-transistor liquid-crystal display (TFT LCD) technologies that offer better contrast and brightness, reduced energy consumption, greater color range more quick response to changes in the scene, and photorefractive effects. These displays are small chips…
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation li …
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation like Lamp-LED, Side-LED, TOP-LED, High-Power LED, SMD-LED, and Flip-Chip LED & more
The LED market is one of the quickly growing segments as they are replacing the traditional lighting equipment like bulbs due to their high efficiency and power saving capability. The LED packaging industry is also growing with innovations along with the LED industry as new technologies are being included…
Global LED Driver (LED Lighting Driver) Market Research Report
This report studies the global LED Driver (LED Lighting Driver) market status and forecast, categorizes the global LED Driver (LED Lighting Driver) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions.
Get sample copy of the report:
https://www.marketdensity.com/contact?ref=Sample&reportid=68754
Table of Contents:
Table of Contents
Global LED Driver (LED Lighting Driver) Market Research Report…
LED Driver And Chipset Market - Tax Exemptions For LED Technology Encourage Use …
Transparency Market Research, in a report titled “LED Driver and Chipset Market - Global Industry Analysis, Trend, Size, Share and Forecast 2015 - 2021,” states that the global LED driver and chipset market is projected to expand at a remarkable CAGR of 23.20% during the forecast period. The report states that the outstanding growth of the overall LED market in recent times will push the value of the LED driver…