Australia & New Zealand Horticulture Lighting Market to 2032
Overview
The Australia & New Zealand Horticulture Lighting Market is expected to reach a 535.79 USD Million by 2032 and is projected to grow at a CAGR of 26.12% from 2025 to 2032.
Revenue, 2024 (USD Million)
124.83
Forecast, 2032 (USD Million)
535.79
CAGR, 2024 - 2032
26.12%
Report Coverage
Australia & New Zealand
Australia & New Zealand Horticulture Lighting Market 2018-2032 USD Million
Australia & New Zealand Horticulture Lighting Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 124.83 USD Million
- Projected Market Size (2032): 535.79 USD Million
- CAGR (2025-2032): 26.12%
Key Findings of Australia & New Zealand Horticulture Lighting Market
- The Australia & New Zealand Horticulture Lighting Market was valued at 124.83 USD Million in 2024.
- The Australia & New Zealand Horticulture Lighting Market is likely to grow at a CAGR of 26.12% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Turnkey Solution in Deployment Segment accounted for the largest share of the market with a revenue of 84.63 USD Million
- The fastest growing segment Top Lighting in Lighting Segment grew Fastest with a CAGR of 27.28% during the forecast period from 2024 to 2032.
Australia & New Zealand Horticulture Lighting Market Scope
Australia & New Zealand Horticulture Lighting Market Segmentation & Scope
Cultivation
- Floriculture
- Fruits
- Vegetables
Lighting
- Sole-Source Lighting
- Photoperiodic Lighting
- Inter Lighting
- Supplemental Lighting
- Top Lighting
Deployment
- Retrofit Solution
- Turnkey Solution
Offering
- Services
- Software
- Hardware
Technology
- Others
- Fluorescent
- High-Intensity Discharge (HID)
Application
- Others
- Vertical Farming
- Greenhouse
Australia & New Zealand Horticulture Lighting Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 124.83 USD Million |
| Market Value in 2032 | 535.79 USD Million |
| CAGR (2025-2032) | 26.12% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Cultivation,Lighting,Deployment,Offering,Technology,Application |
Regional Insights:
-
Leading Market (2024-2032): Australia & New Zealand, leading in terms of revenue 124.83 USD Million in 2024
- Key Country: Australia & New Zealand, leading in terms of revenue with value of 124.83 USD Million in 2024.
Segments and Scope
-
Australia & New Zealand Horticulture Lighting Market to 2032, By Cultivation
- Vegetables is the largest segment in Australia & New Zealand Horticulture Lighting Market to 2032 with a revenue of 71.00 USD Million in the year 2024.
- Vegetables is the Fastest growing segment in Australia & New Zealand Horticulture Lighting Market to 2032 with a Growth rate of 26.60 % in forecast period 2025-2032.
-
Australia & New Zealand Horticulture Lighting Market to 2032, By Lighting
- Top Lighting is the largest segment in Australia & New Zealand Horticulture Lighting Market to 2032 with a revenue of 49.98 USD Million in the year 2024.
- Top Lighting is the Fastest growing segment in Australia & New Zealand Horticulture Lighting Market to 2032 with a Growth rate of 27.28 % in forecast period 2025-2032.
-
Australia & New Zealand Horticulture Lighting Market to 2032, By Deployment
- Turnkey Solution is the largest segment in Australia & New Zealand Horticulture Lighting Market to 2032 with a revenue of 84.63 USD Million in the year 2024.
- Turnkey Solution is the Fastest growing segment in Australia & New Zealand Horticulture Lighting Market to 2032 with a Growth rate of 26.42 % in forecast period 2025-2032.
-
Australia & New Zealand Horticulture Lighting Market to 2032, By Offering
- Hardware is the largest segment in Australia & New Zealand Horticulture Lighting Market to 2032 with a revenue of 83.01 USD Million in the year 2024.
- Software is the Fastest growing segment in Australia & New Zealand Horticulture Lighting Market to 2032 with a Growth rate of 25.82 % in forecast period 2025-2032.
-
Australia & New Zealand Horticulture Lighting Market to 2032, By Technology
- High-Intensity Discharge (HID) is the largest segment in Australia & New Zealand Horticulture Lighting Market to 2032 with a revenue of 77.14 USD Million in the year 2024.
- High-Intensity Discharge (HID) is the Fastest growing segment in Australia & New Zealand Horticulture Lighting Market to 2032 with a Growth rate of 26.39 % in forecast period 2025-2032.
-
Australia & New Zealand Horticulture Lighting Market to 2032, By Application
- Greenhouse is the largest segment in Australia & New Zealand Horticulture Lighting Market to 2032 with a revenue of 61.47 USD Million in the year 2024.
- Vertical Farming is the Fastest growing segment in Australia & New Zealand Horticulture Lighting Market to 2032 with a Growth rate of 25.89 % in forecast period 2025-2032.
Australia & New Zealand Horticulture Lighting Market Company Share Analysis
| Company Name |
|
||
| TE Connectivity | |||
| SAMSUNG | |||
| Signify Holding | |||
| ACUITY BRANDS LIGHTING, INC. | |||
| ams-OSRAM AG | |||
Australia & New Zealand Horticulture Lighting Market Geographical Sales Distribution, 2018-2032 USD Million
Australia & New Zealand Horticulture Lighting Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Australia & New Zealand Horticulture Lighting Market is segmented based on Segmentation Cultivation,Lighting,Deployment,Offering,Technology,Application.
Australia & New Zealand Horticulture Lighting Market was valued at USD 124.83(Revenue in USD Million) in 2022.
Australia & New Zealand Horticulture Lighting Market is projected to grow at a CAGR of 26.12% during the forecast period of 2024 to 2032.
The Turnkey Solution segment is expected to dominate the Australia & New Zealand Horticulture Lighting Market, holding a largest market share of 84.63 USD Million in 2024
Australia & New Zealand Horticulture Lighting Market Scope
Australia & New Zealand Horticulture Lighting Market Segmentation & Scope
Cultivation
- Floriculture
- Fruits
- Vegetables
Lighting
- Sole-Source Lighting
- Photoperiodic Lighting
- Inter Lighting
- Supplemental Lighting
- Top Lighting
Deployment
- Retrofit Solution
- Turnkey Solution
Offering
- Services
- Software
- Hardware
Technology
- Others
- Fluorescent
- High-Intensity Discharge (HID)
Application
- Others
- Vertical Farming
- Greenhouse
Frequently Asked Questions
The Australia & New Zealand Horticulture Lighting Market is segmented based on Segmentation Cultivation,Lighting,Deployment,Offering,Technology,Application.
Australia & New Zealand Horticulture Lighting Market was valued at USD 124.83(Revenue in USD Million) in 2022.
Australia & New Zealand Horticulture Lighting Market is projected to grow at a CAGR of 26.12% during the forecast period of 2024 to 2032.
The estimated market value of the Australia & New Zealand Horticulture Lighting Market for final year is USD 535.79 (USD Million).
Australia & New Zealand Horticulture Lighting Market Company Profiling
Frequently Asked Questions
The Australia & New Zealand Horticulture Lighting Market is segmented based on Segmentation Cultivation,Lighting,Deployment,Offering,Technology,Application.
Australia & New Zealand Horticulture Lighting Market was valued at USD 124.83(Revenue in USD Million) in 2022.
Australia & New Zealand Horticulture Lighting Market is projected to grow at a CAGR of 26.12% during the forecast period of 2024 to 2032.
The estimated market value of the Australia & New Zealand Horticulture Lighting Market for final year is USD 535.79 (USD Million).
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