Asia Pacific Horticulture Lighting Market Size & Outlook
The horticulture lighting market in Asia Pacific is expected to reach a projected revenue of US$ 10,883.8 million by 2033. A compound annual growth rate of 20.2% is expected of Asia Pacific horticulture lighting market from 2025 to 2033.
Revenue, 2024 (US$M)
$2,116.9
Forecast, 2033 (US$M)
$10,883.8
CAGR, 2025 - 2033
20.2%
Report Coverage
Asia Pacific
Asia Pacific horticulture lighting market highlights
- The Asia Pacific horticulture lighting market generated a revenue of USD 2,116.9 million in 2024.
- The market is expected to grow at a CAGR of 20.2% from 2025 to 2033.
- In terms of segment, hardware was the largest revenue generating offering in 2024.
- Hardware is the most lucrative offering segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2024 | USD 2,116.9 million |
| Market revenue in 2033 | USD 10,883.8 million |
| Growth rate | 20.2% (CAGR from 2025 to 2033) |
| Largest segment | Hardware |
| Fastest growing segment | Hardware |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 33.8% of the global horticulture lighting market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 10,883.8 million by 2033.
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Horticulture Lighting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Agnetix | View profile | 11-50 | San Diego, California, United States, North America | https://agnetix.com |
| Sananbio | View profile | 11-50 | Albuquerque, New Mexico, United States, North America | https://www.sananbious.com/ |
| California Lightworks | View profile | 51-100 | Canoga Park, California, United States, North America | https://californialightworks.com |
| Current Lighting Solutions | View profile | 1-10 | Houston, Texas, United States, North America | http://currentls.com |
| Signify | View profile | 11-50 | Wellington, Wellington, New Zealand, Oceania | https://signify.co.nz |
| Osram | View profile | - | - | - |
| Hortilux Schréder | View profile | 11-50 | Monster, Zuid-Holland, The Netherlands, Europe | https://www.hortilux.com/ |
| Gavita | View profile | 51-100 | Rozenburg, Noord-Holland, The Netherlands, Europe | https://www.gavita.com |
| Heliospectra | View profile | 11-50 | Gothenburg, Vastra Gotaland, Sweden, Europe | http://www.heliospectra.com |
| LumiGrow | View profile | 11-50 | Emeryville, California, United States, North America | http://www.lumigrow.com |
| Illumitex | View profile | 51-100 | Austin, Texas, United States, North America | https://www.illumitex.com |
| Everlight Electronics | View profile | 1001-5000 | Taipei, T'ai-pei, Taiwan, Asia | http://www.everlight.com/ |
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