Top Horticulture Lighting Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Horticulture Lighting Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Horticulture Lighting industry players.

Horticulture Lighting Market Competitive Landscape

The major market participants use tactics like joint ventures and the introduction of new products to increase their market share. To improve their position in the market, companies are also buying up rival companies.

Top Player’s Company Profiles

  • Heliospectra AB (Sweden)
  • Cree, Inc. (United States)
  • Valoya Oy (Finland)
  • California LightWorks (United States)
  • Hubbell Incorporated (United States)
  • LumiGrow, Inc. (United States)
  • Illumitex Inc. (United States)
  • Everlight Electronics Co., Ltd. (Taiwan)
  • GE Lighting Solutions, LLC (United States)
  • Hortilux Schréder B.V. (Netherlands)
  • Gavita International B.V. (Netherlands)
  • Current, powered by GE (United States)
  • BIOS Lighting (United States)
  • Agrolux (Netherlands)
  • Fluence by OSRAM (United States)
  • PARsource (United States)
  • Plessey Semiconductors Ltd. (United Kingdom)
  • Lumileds Holding B.V. (Netherlands)
  • Illumitex (United States)
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Horticulture Lighting Market size was valued at USD 8.79 Billion in 2024 and is poised to grow from USD 11.88 Billion in 2025 to USD 132.67 Billion by 2033, growing at a CAGR of 35.2% during the forecast period (2026–2033).

The major market participants use tactics like joint ventures and the introduction of new products to increase their market share. To improve their position in the market, companies are also buying up rival companies. 'Signify (Netherlands)', 'Osram GmbH (Germany) ', 'Cree LED (US) ', 'Heliospectra AB (Sweden) ', 'Acuity Brands Inc. (US) ', 'Hubbell Inc. (US) ', 'Samsung Electronics (South Korea) ', 'Everlight Electronics Co., Ltd. (Taiwan) ', 'Gavita International BV (Netherlands) ', 'Epistar Corporation (Taiwan) ', 'California Lightworks (US) ', 'Fluence Bioengineering (US) ', 'Hortilux Schréder (Netherlands) ', 'Valoya (Finland) ', 'Kind LED (China) ', 'Mars Hydro (China) ', 'Advanced LED Lighting (US) ', 'Fluence by Osram (US) ', 'Surya Roshni Ltd. (India)'

The shift from traditional lighting technologies to LED lighting is a major driver in the horticulture lighting market. LED lighting offers energy efficiency, longer lifespan, and the ability to customize light spectra, allowing growers to create optimal lighting conditions for specific crops.

Vertical Farming and Controlled Environment Agriculture (CEA) The growing use of LED technology in horticulture lighting systems is a significant industry trend. Due to its energy efficiency, extended lifespan, and fine control over light spectrum, LED (Light Emitting Diode) illumination has become increasingly popular in horticulture. Growing numbers of growers are switching from HPS lamps, a common traditional lighting source, to LEDs. With the use of LEDs, producers may adjust light wavelengths to different stages of plant development, increasing crop yields and quality. Furthermore, since LEDs generate less heat, they don't require as much cooling, which further reduces energy consumption. The industry is anticipated to develop in the upcoming years as a result of this shift towards LED horticulture lighting.

Europe commanded a market share of more than 32% in terms of revenue in 2022, and it is anticipated that it will continue to dominate the industry during the projected period. Since there is a shortage of fertile agricultural land and there is an increase in population, these two factors are expected to drive demand for the business. Growing awareness of the need for alternative farming is one result.

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