North America Horticulture Lighting Market Trends, Size, Segment and Growth by Forecast to 2030

North America’s Horticulture Lighting Market: A Bright Future Fueled by Vertical Farming

The horticulture lighting market in North America is set for substantial growth, projected to surge from US$ 830.5 million in 2019 to US$ 3597.2 million by 2027, demonstrating a robust Compound Annual Growth Rate (CAGR) of 20.7% from 2020 to 2027. This significant expansion is largely attributed to the increasing adoption and importance of vertical farming across the region.

The escalating global population is driving an immense demand for food that traditional outdoor farming methods alone cannot meet. In response, North American countries are increasingly embracing vertical farms, which cultivate crops on vertically stacked layers. These technologically advanced farms leverage innovations like robotics, big data analytics, and Artificial Intelligence (AI) to produce healthy crops efficiently and without the constraints of traditional agriculture.

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Furthermore, with growing concerns about environmental degradation caused by conventional farming, vertical farming offers a more sustainable solution. It helps reduce pollution, boosts food production, and optimizes resource utilization. The numerous benefits of vertical farming over other cultivation methods are expected to continue propelling the growth of the North America horticulture lighting market.

Market Introduction

Horticulture lighting refers to artificial lighting systems designed to support plant growth by facilitating photosynthesis, especially in environments lacking sufficient natural sunlight. This technology plays a vital role in enhancing plant development in applications such as urban agriculture, multi-layer cultivation, supplemental lighting, and daylight-free cultivation. Among the various lighting technologies, LED horticulture lighting is gaining significant traction due to its energy efficiency, low power consumption, and cost-saving capabilities.

The growing emphasis on sustainable farming practices has led governments, researchers, and organizations to actively promote the adoption of advanced horticultural lighting systems. This rising awareness has spurred initiatives aimed at improving agricultural productivity through more efficient lighting solutions. In North America, these developments are contributing to the expansion of the horticulture lighting market.

Additionally, the growing trend of vertical farming is fueling market growth. Several companies are now offering financial and technical support to farmers looking to adopt vertical farming practices, which rely heavily on artificial lighting for crop cultivation in controlled environments.

Government initiatives and public-private partnerships are expected to further drive demand for horticulture lighting solutions across the region. As a result, the North America horticulture lighting market is poised for significant growth in the coming years.

The COVID-19 pandemic had a mixed impact on the market. While it severely disrupted supply chains, logistics, and agricultural labor—especially in the US, the region most affected—the crisis also highlighted the benefits of indoor and vertical farming. These farming methods, which utilize LED lighting to enable year-round cultivation with minimal resources, presented a resilient solution during the pandemic. However, temporary shutdowns of factories and businesses in the US, Canada, and Mexico led to a decline in the production and sales of horticulture lighting products such as LED and fluorescent lamps. Despite these challenges, the long-term outlook for the North America horticulture lighting market remains positive, driven by the growing demand for sustainable and technologically advanced farming practices.

North America Horticulture Lighting Strategic Insights

Strategic insights for the North America Horticulture Lighting provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

key company profiles

  Agrolux

  Bridgelux, Inc.

  General Electric Company

  Heliospectra AB

  Hubbell, Inc.

  Lumileds Holding B.V.

  OSRAM Licht AG

  PARsource

  Signify N.V.

North America Horticulture Lighting – Regional Insights

The geographic scope of the North America horticulture lighting market encompasses the diverse regions where businesses operate and compete. Recognizing local differences—such as varying consumer preferences (e.g., plug types, battery backup requirements), economic conditions, and regulatory standards—is essential for developing region-specific strategies. By identifying underserved areas and customizing products or services to meet local needs, companies can effectively broaden their market presence. A well-defined regional focus enables more efficient resource allocation, targeted marketing efforts, and stronger positioning against local competitors, ultimately supporting sustainable growth in key markets.

North America Horticulture Lighting Market: Key Insights and Opportunities

In 2019, the North American horticulture lighting market was significantly shaped by a few key areas:

• Technology: LED lights dominated the market, holding the largest share due to their efficiency and effectiveness in plant cultivation.
• Application: Greenhouses represented the largest application segment, highlighting their widespread adoption of specialized lighting solutions.
• Cultivation: The fruits & vegetables segment held the leading share, indicating a strong demand for horticulture lighting in producing these crops.

Understanding the Market and Driving Business Decisions

This report provides a comprehensive analysis of the North America horticulture lighting market, drawing insights from a range of sources including company financials, government documents, and statistical databases. It features key industry players like Agrolux, Bridgelux, Inc., General Electric Company, Heliospectra AB, Hubbell, Inc., Lumileds Holding B.V., OSRAM Licht AG, PARsource, and Signify N.V.

By exploring this report, you can:

• Identify High-Growth Segments: Understand which market segments offer the strongest potential for returns.
• Gain Competitive Advantage: Stay informed about the evolving competitive landscape to make strategic business decisions.
• Optimize M&A and Partnerships: Pinpoint promising market segments to efficiently plan mergers, acquisitions, and partnerships.
• Make Informed Business Choices: Leverage perceptive and comprehensive analysis of market performance to guide your business strategies.
• Access Market Forecasts: Obtain revenue forecasts for various market segments in North America from 2020 to 2027.

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Author’s Bio
Akshay
Senior Market Research Expert at Business Market Insights