Global LED Agricultural Lighting
Market Report
2025
The global LED Agricultural Lighting market size will be USD 11542.2 million in 2024. The increasing demand for high-quality food production is expected to boost sales to USD 27492.45 million by the year 2031, with the Compound Annual Growth Rate (CAGR) of 13.20% from 2024 to 2031.
The base year for the calculation is 2024 and 2021 to 2024 will be historical period. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global LED Agricultural Lighting market size will be USD 11542.2 million in 2024. It will rise at the compound annual growth rate (CAGR) of 13.20% from 2024 to 2031.
2019 | 2024 | 2025 | 2032 | 2033 | CAGR | |
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Global LED Agricultural Lighting Market Sales Revenue | 121212 | $ 11542.2 Million | 121212 | 121212 | 121212 | 13.2% |
North America LED Agricultural Lighting Market Sales Revenue | 121212 | $ 4616.88 Million | 121212 | 121212 | 121212 | 11.4% |
United States LED Agricultural Lighting Market Sales Revenue | 121212 | $ 3642.72 Million | 121212 | 121212 | 121212 | 11.2% |
Mexico LED Agricultural Lighting Market Sales Revenue | 121212 | $ 420.14 Million | 121212 | 121212 | 121212 | 11.9% |
Canada LED Agricultural Lighting Market Sales Revenue | 121212 | $ 554.03 Million | 121212 | 121212 | 121212 | 12.2% |
Europe LED Agricultural Lighting Market Sales Revenue | 121212 | $ 3462.66 Million | 121212 | 121212 | 121212 | 11.7% |
France LED Agricultural Lighting Market Sales Revenue | 121212 | $ 318.56 Million | 121212 | 121212 | 121212 | 10.9% |
Spain LED Agricultural Lighting Market Sales Revenue | 121212 | $ 283.94 Million | 121212 | 121212 | 121212 | 10.8% |
United Kingdom LED Agricultural Lighting Market Sales Revenue | 121212 | $ 581.73 Million | 121212 | 121212 | 121212 | 12.5% |
Russia LED Agricultural Lighting Market Sales Revenue | 121212 | $ 536.71 Million | 121212 | 121212 | 121212 | 10.7% |
Italy LED Agricultural Lighting Market Sales Revenue | 121212 | $ 297.79 Million | 121212 | 121212 | 121212 | 11.1% |
Germany LED Agricultural Lighting Market Sales Revenue | 121212 | $ 685.61 Million | 121212 | 121212 | 121212 | 11.9% |
Rest of Europe LED Agricultural Lighting Market Sales Revenue | 121212 | $ 536.71 Million | 121212 | 121212 | 121212 | 10.4% |
Asia Pacific LED Agricultural Lighting Market Sales Revenue | 121212 | $ 2654.71 Million | 121212 | 121212 | 121212 | 15.2% |
China LED Agricultural Lighting Market Sales Revenue | 121212 | $ 1194.62 Million | 121212 | 121212 | 121212 | 14.7% |
Australia LED Agricultural Lighting Market Sales Revenue | 121212 | $ 138.04 Million | 121212 | 121212 | 121212 | 14.9% |
India LED Agricultural Lighting Market Sales Revenue | 121212 | $ 318.56 Million | 121212 | 121212 | 121212 | 17% |
Korea LED Agricultural Lighting Market Sales Revenue | 121212 | $ 265.47 Million | 121212 | 121212 | 121212 | 14.3% |
Japan LED Agricultural Lighting Market Sales Revenue | 121212 | $ 366.35 Million | 121212 | 121212 | 121212 | 13.7% |
Rest of APAC LED Agricultural Lighting Market Sales Revenue | 121212 | $ 188.48 Million | 121212 | 121212 | 121212 | 15% |
South America LED Agricultural Lighting Market Sales Revenue | 121212 | $ 577.11 Million | 121212 | 121212 | 121212 | 12.6% |
Colombia LED Agricultural Lighting Market Sales Revenue | 121212 | $ 51.36 Million | 121212 | 121212 | 121212 | 12.4% |
Argentina LED Agricultural Lighting Market Sales Revenue | 121212 | $ 96.95 Million | 121212 | 121212 | 121212 | 13.5% |
Brazil LED Agricultural Lighting Market Sales Revenue | 121212 | $ 247 Million | 121212 | 121212 | 121212 | 13.2% |
Chile LED Agricultural Lighting Market Sales Revenue | 121212 | $ 41.55 Million | 121212 | 121212 | 121212 | 12.9% |
Peru LED Agricultural Lighting Market Sales Revenue | 121212 | $ 47.32 Million | 121212 | 121212 | 121212 | 12.8% |
Rest of South America LED Agricultural Lighting Market Sales Revenue | 121212 | $ 92.91 Million | 121212 | 121212 | 121212 | 11.7% |
Middle East and Africa LED Agricultural Lighting Market Sales Revenue | 121212 | $ 230.84 Million | 121212 | 121212 | 121212 | 12.9% |
Egypt LED Agricultural Lighting Market Sales Revenue | 121212 | $ 24.24 Million | 121212 | 121212 | 121212 | 13.2% |
Turkey LED Agricultural Lighting Market Sales Revenue | 121212 | $ 19.85 Million | 121212 | 121212 | 121212 | 12.4% |
Rest of MEA LED Agricultural Lighting Market Sales Revenue | 121212 | $ 27.24 Million | 121212 | 121212 | 121212 | 11.9% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Light Type |
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Market Split by Spectrum |
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Market Split by Intensity |
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Market Split by Control Mechanism |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Market Drivers:
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Market Restrains:
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Market Trends:
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Report scope is customizable as we have a huge database of LED Agricultural Lighting industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
LED Agricultural Lighting Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The LED agricultural lighting market is rapidly evolving, driven by the increasing adoption of controlled environment agriculture (CEA) practices, such as indoor farming and greenhouse cultivation. LED lighting provides several advantages over the traditional lighting, including energy efficiency, longer lifespan, and customizable spectrums that optimize plant growth at various stages. This market is witnessing heightened interest due to the surging demand for fresh produce, especially in urban areas, and the need for sustainable farming practices. Technological advancements in LED technology are further enhancing performance, enabling precise control over light intensity and duration. Key participants in the market are emphasizing on innovative products and solutions to provide the diverse requirements of farmers. Additionally, government initiatives promoting sustainable agriculture are contributing to market growth, making LED lighting a crucial component in modern agricultural practices aimed at maximizing yield while minimizing environmental impact.
In July 2024, the dynamic grow light that Photosynthetic, a provider of agricultural lighting solutions, is introducing was created especially for the CEA sector. This device is a cutting-edge dynamic lighting solution designed to maximize energy efficiency, encourage sustainability, and improve plant growth and output. Photosynthetic will have a stand at 05.464VF at the GreenTech event. (Source: https://www.photosynthetic.com/greentech-amsterdam-2024-photosynthetic-launches-new-dynamic-grow-light-solution-for-controlled-environment-agriculture/)
The increasing need for sustainable agricultural practices is a key driver for the LED agricultural lighting market. As the global population continues to surge, food production must become more efficient and environmentally friendly. LED agricultural lighting supports this by providing energy-efficient, long-lasting, and targeted light solutions that optimize plant growth while reducing energy consumption. Unlike traditional lighting, LEDs offer tailored wavelengths that maximize photosynthesis, resulting in higher crop yields and reduced energy waste. Additionally, the ability to use LED lighting in indoor and vertical farming setups allows for year-round crop production, even in urban or harsh environments. This supports the growing trend of urban farming and helps get rid of the negative environmental impacts of traditional farming methods, such as excessive water use and land degradation. For instance, ams OSRAM unveiled OSLON Square Hyper Red LED, designed to provide faster plant growth and allow optimized system cost. The launched product is intended for utilization in all horticultural lighting applications consisting of greenhouse top lighting and inter lighting, sole source lighting, and vertical farming applications
Government initiatives promoting energy efficiency and sustainability are boosting the adoption of LED agricultural lighting. Many countries are implementing policies and providing incentives, like the subsidies and tax breaks, to encourage the use of energy-efficient technologies in agriculture. LED lighting is favored due to its low energy consumption and long lifespan compared to conventional lighting options like high-pressure sodium (HPS) or fluorescent lights. These incentives reduce the initial investment costs for farmers and agricultural companies, making LED lighting more accessible. Moreover, LED technology aligns with broader sustainability goals aimed at minimizing the greenhouse gas emissions and promoting the adoption of renewable energy sources. As governments continue to push for greener agricultural practices, the demand for LED agricultural lighting is expected to grow significantly in the coming years.
While LED lights offer long-term energy savings and lower operational costs, the upfront expenses of purchasing and installing these systems can be notable. Farmers, especially those in developing regions, may face budget constraints that make it tough to invest in advanced lighting technologies. Additionally, the costs of integrating LED systems into existing infrastructure can further discourage adoption. This financial barrier can hinder the widespread implementation of LED lighting in agricultural settings, slowing market growth. As a result, many farmers continue to rely on traditional lighting options, which may be more affordable initially, despite the long-term benefits of LEDs.
The COVID-19 pandemic significantly impacted the LED agricultural lighting market by disrupting supply chains and causing delays in manufacturing and distribution. Lockdowns and labor shortages hampered production capabilities, leading to increased costs and longer lead times for LED lighting systems. Additionally, the pandemic shifted consumer focus toward food security and sustainable farming practices, increasing interest in indoor farming and controlled environment agriculture. As a result, demand for LED lighting grew in sectors aiming for greater self-sufficiency. However, financial constraints faced by many farmers during the pandemic led to cautious investment in new technologies.
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The competitive landscape of the LED agricultural lighting market features key players focusing on innovation and developing advanced lighting solutions that enhance crop yield and energy efficiency. Strategic partnerships, acquisitions and mergers, are common to strengthen market presence and expand product offerings. Increasing demand for sustainable farming practices drives competition, with companies investing in R&D to create customizable and efficient lighting systems tailored to various agricultural applications.
In November 2023, A €17 million Series A fundraising round was closed by RED Horticulture to finance the company's expansion and the advancement of its high-performance lighting techniques. A portion of the funding are from BPI's support programs and a banking pool that includes BNP Paribas, Credit Agricole, CIC, and Société Générale. (Source: https://www.horticulture.red/en/events/new-fundraising-17-m-euros-for-red/) In March 2022, Signify took over Fluence, a leading supplier of energy-efficient LED lighting system solutions. This acquisition increases Signify's global Agriculture lighting growth medium and extends its role in the North American horticultural lighting market. Furthermore, firms would be capable of producing the world's most advanced horticulture technology for cultivators on an international scale. (Source: https://www.signify.com/global/our-company/news/press-releases/2022/20220502-signify-successfully-completes-acquisition-of-fluence-strengthening-its-agriculture-lighting-growth-platform) In September 2020, Valoya expanded its product line of RX-Series line of greenhouse LEDs with two new models - RX500 & RX600. These new models have been made to be strong & firm; they would produce the least shading over the canopy. With an Ingress Protection rating of the IP65 (wet location), these luminaires are dust-tight & can combat spraying with water jets from any direction. (Source: https://www.valoya.com/valoya-launches-two-new-greenhouse-led-grow-lights/)
Top Companies Market Share in LED Agricultural Lighting Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America currently dominates the LED Agricultural Lightings market, and the region is expected to have significant growth during the projected period due to advanced agricultural practices, high adoption of technology, and significant investment in indoor farming.
Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR) due to rapid urbanization, increased investment in indoor farming, and rising awareness of sustainable agriculture. Government initiatives promoting smart farming and the demand for fresh produce in urban areas further drive the adoption of advanced lighting solutions across the region.
The current report Scope analyzes LED Agricultural Lighting Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global LED Agricultural Lighting market size was estimated at USD 11542.2 Million, out of which North America held the major market share of more than 40% of global revenue with the market size of USD 4616.88 million in 2024 and will rise at the compound annual growth rate (CAGR) of 11.4% from 2024 to 2031.
According to Cognitive Market Research, the global LED Agricultural Lighting market size was estimated at USD 11542.2 Million, out of which Europe held the market share of more than 30% of global revenue with the market size of USD 3462.66 million in 2024 and will rise at the compound annual growth rate (CAGR) of 11.7% from 2024 to 2031.
According to Cognitive Market Research, the global LED Agricultural Lighting market size was estimated at USD 11542.2 Million, out of which Asia Pacific held the market share of around 23% of global revenue with the market size of USD 2654.71 million in 2024 and will rise at the compound annual growth rate (CAGR) of 15.2% from 2024 to 2031.
According to Cognitive Market Research, the global LED Agricultural Lighting market size was estimated at USD 11542.2 Million, out of which Latin America held the market share of around 5% of global revenue with the market size of USD 577.11 million in 2024 and will rise at the compound annual growth rate (CAGR) of 12.6% from 2024 to 2031.
According to Cognitive Market Research, the global LED Agricultural Lighting market size was estimated at USD 11542.2 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 230.84 million in 2024 and will rise at a compound annual growth rate (CAGR) of 12.9% from 2024 to 2031..
Global LED Agricultural Lighting Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing LED Agricultural Lighting Industry growth. LED Agricultural Lighting market has been segmented with the help of its Light Type, Spectrum Intensity, and others. LED Agricultural Lighting market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
How are Segments Performing in the Global LED Agricultural Lighting Market?
According to Cognitive Market Research, LED chip lighting is likely to dominate the LED Agricultural Lighting Market over the forecast years due to its superior energy efficiency, longer lifespan, and customizable light spectra that enhance plant growth. This technology enables precise control over light conditions, making it ideal for various agricultural applications, from indoor farming to greenhouse environments, thus driving widespread adoption.
LED chip lighting is the fastest-growing segment in the LED Agricultural Lighting Market due to its compact size, energy efficiency, and ability to deliver targeted light spectrums for optimal plant growth. This technology enables precise control over light conditions, making it ideal for indoor farming and greenhouse applications.
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According to Cognitive Market Research, the full spectrum segment holds the largest share of the market due to its ability to mimic natural sunlight, promoting optimal plant growth across all stages. They provide a balanced range of wavelengths, enhancing photosynthesis and crop quality, making them preferred choices for indoor farming and greenhouse applications.
In the LED Agricultural Lighting Market, the customized spectrum has been expanding at a rapid pace due to its ability to optimize plant growth by providing specific wavelengths tailored to different growth stages. This technology enhances photosynthesis, improves crop quality, and increases yields, making it increasingly popular among indoor and greenhouse growers.
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According to Cognitive Market Research, the high-intensity LED lighting segment holds the largest market share due to its ability to deliver optimal light levels for photosynthesis, promoting robust plant growth and higher yields. Its energy efficiency, longer lifespan, and customizable spectrum capabilities make it a preferred choice for indoor farms and greenhouses seeking enhanced productivity.
In the LED Agricultural Lighting market, the rapidly growing sector is the medium-intensity LED lighting category due to its versatility in supporting various plant growth stages. It balances energy efficiency with sufficient light output, making it ideal for greenhouse applications and indoor farms, driving increased adoption among growers seeking optimal crop yields.
According to Cognitive Market Research, the wired control segment dominates the market due to its reliability, low latency, and ability to handle complex lighting configurations. It provides a consistent power supply and facilitates precise control over light intensity and spectrum, making it ideal for optimizing plant growth in controlled environments like greenhouses and indoor farms.
Wireless control is projected to be the fastest-growing segment in the LED Agricultural Lighting market due to its ability to improve the operational efficiency and convenience. It allows farmers to remotely manage lighting systems, optimize energy usage, and customize light settings based on specific crop needs, leading to improved yields and reduced labor costs.
According to Cognitive Market Research, the greenhouse lighting segment holds the largest share of the market due to its ability to enhance plant growth, extend growing seasons, and improve crop yields. The controlled environment of greenhouses allows for optimal light spectrum management, making LED systems essential for maximizing productivity and energy efficiency in commercial agriculture.
In the LED Agricultural Lighting Market, vertical farming has been expanding at the rapid pace due to its space-efficient design and ability to produce crops year-round. The integration of LED lighting enhances growth rates and energy efficiency, which makes it an ideal solution for urban environments where land is limited and demand for fresh produce is high.
Research Associate at Cognitive Market Research
Pratik Shirsath is an accomplished Research Analyst with extensive expertise in the agriculture sector, bringing over one years of experience in market research and analysis. Pratik specializes in secondary research, competitive benchmarking, and data-driven insights that empower organizations to make strategic decisions and achieve their goals.
In his current role, Pratik leads research projects focused on the agriculture sector, driving initiatives that identify emerging market trends, assess competitive landscapes, and uncover growth opportunities. His proficiency in designing effective research methodologies and translating complex data into actionable strategies has consistently supported his organization’s objectives.
Pratik's dedication to delivering high-quality research and his in-depth knowledge of the agriculture industry have made him a trusted resource for his team and stakeholders. Passionate about innovation and sustainability in agriculture, he remains committed to advancing his expertise to navigate the evolving challenges and opportunities in the sector.
Conclusion
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Light Type | LED Chip Lighting, Fluorescent Lighting, High-Intensity Discharge (HID) Lighting |
Spectrum | Full Spectrum, Red and Blue Spectrum, Customized Spectrum |
Intensity | High Intensity, Medium Intensity, Low Intensity |
Control Mechanism | Wired Control, Wireless Control, Automated Control |
Application | Greenhouse Lighting, Vertical Farming, Indoor Farming, Controlled Environment Agriculture (CEA) |
List of Competitors | Agrolux, Valoya, LumiGrow, California Lightworks, Illumitex, Everlight Electronics, Bridgelux, Sunlight Supply, Gavita International BV., Hortilux Schréder, VividGro, Apogee Instruments, Black Dog LED, Fluence |
This chapter will help you gain GLOBAL Market Analysis of LED Agricultural Lighting. Further deep in this chapter, you will be able to review Global LED Agricultural Lighting Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of LED Agricultural Lighting. Further deep in this chapter, you will be able to review North America LED Agricultural Lighting Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of LED Agricultural Lighting. Further deep in this chapter, you will be able to review Europe LED Agricultural Lighting Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of LED Agricultural Lighting. Further deep in this chapter, you will be able to review Asia Pacific LED Agricultural Lighting Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of LED Agricultural Lighting. Further deep in this chapter, you will be able to review South America LED Agricultural Lighting Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of LED Agricultural Lighting. Further deep in this chapter, you will be able to review Middle East and Africa LED Agricultural Lighting Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of LED Agricultural Lighting. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Light Type Analysis 2019 -2031, will provide market size split by Light Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Light Type Analysis 2021 - 2033
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Chapter 11 Market Split by Spectrum Analysis 2021 - 2033
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Chapter 12 Market Split by Intensity Analysis 2021 - 2033
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Chapter 13 Market Split by Control Mechanism Analysis 2021 - 2033
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Chapter 14 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global LED Agricultural Lighting market
Chapter 15 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why LED Chip Lighting have a significant impact on LED Agricultural Lighting market? |
What are the key factors affecting the LED Chip Lighting and Fluorescent Lighting of LED Agricultural Lighting Market? |
What is the CAGR/Growth Rate of Full Spectrum during the forecast period? |
By type, which segment accounted for largest share of the global LED Agricultural Lighting Market? |
Which region is expected to dominate the global LED Agricultural Lighting Market within the forecast period? |
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