Canada Horticulture Lighting Market to 2032
Overview
The Canada Horticulture Lighting Market is expected to reach a 1,086.44 USD Million by 2032 and is projected to grow at a CAGR of 24.02% from 2025 to 2032.
Revenue, 2024 (USD Million)
280.92
Forecast, 2032 (USD Million)
1,086.44
CAGR, 2024 - 2032
24.02%
Report Coverage
Canada
Canada Horticulture Lighting Market 2018-2032 USD Million
Canada Horticulture Lighting Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 280.92 USD Million
- Projected Market Size (2032): 1,086.44 USD Million
- CAGR (2025-2032): 24.02%
Key Findings of Canada Horticulture Lighting Market
- The Canada Horticulture Lighting Market was valued at 280.92 USD Million in 2024.
- The Canada Horticulture Lighting Market is likely to grow at a CAGR of 24.02% 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 187.73 USD Million
- The fastest growing segment Top Lighting in Lighting Segment grew Fastest with a CAGR of 24.86% during the forecast period from 2024 to 2032.
Canada Horticulture Lighting Market Scope
Canada 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
Canada Horticulture Lighting Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 280.92 USD Million |
| Market Value in 2032 | 1,086.44 USD Million |
| CAGR (2025-2032) | 24.02% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Cultivation,Lighting,Deployment,Offering,Technology,Application |
Regional Insights:
-
Leading Market (2024-2032): Canada, leading in terms of revenue 280.92 USD Million in 2024
- Key Country: Canada, leading in terms of revenue with value of 280.92 USD Million in 2024.
Segments and Scope
-
Canada Horticulture Lighting Market to 2032, By Cultivation
- Vegetables is the largest segment in Canada Horticulture Lighting Market to 2032 with a revenue of 155.17 USD Million in the year 2024.
- Vegetables is the Fastest growing segment in Canada Horticulture Lighting Market to 2032 with a Growth rate of 24.36 % in forecast period 2025-2032.
-
Canada Horticulture Lighting Market to 2032, By Lighting
- Top Lighting is the largest segment in Canada Horticulture Lighting Market to 2032 with a revenue of 105.87 USD Million in the year 2024.
- Top Lighting is the Fastest growing segment in Canada Horticulture Lighting Market to 2032 with a Growth rate of 24.86 % in forecast period 2025-2032.
-
Canada Horticulture Lighting Market to 2032, By Deployment
- Turnkey Solution is the largest segment in Canada Horticulture Lighting Market to 2032 with a revenue of 187.73 USD Million in the year 2024.
- Turnkey Solution is the Fastest growing segment in Canada Horticulture Lighting Market to 2032 with a Growth rate of 24.41 % in forecast period 2025-2032.
-
Canada Horticulture Lighting Market to 2032, By Offering
- Hardware is the largest segment in Canada Horticulture Lighting Market to 2032 with a revenue of 179.45 USD Million in the year 2024.
- Software is the Fastest growing segment in Canada Horticulture Lighting Market to 2032 with a Growth rate of 23.93 % in forecast period 2025-2032.
-
Canada Horticulture Lighting Market to 2032, By Technology
- High-Intensity Discharge (HID) is the largest segment in Canada Horticulture Lighting Market to 2032 with a revenue of 168.97 USD Million in the year 2024.
- High-Intensity Discharge (HID) is the Fastest growing segment in Canada Horticulture Lighting Market to 2032 with a Growth rate of 24.42 % in forecast period 2025-2032.
-
Canada Horticulture Lighting Market to 2032, By Application
- Greenhouse is the largest segment in Canada Horticulture Lighting Market to 2032 with a revenue of 133.80 USD Million in the year 2024.
- Vertical Farming is the Fastest growing segment in Canada Horticulture Lighting Market to 2032 with a Growth rate of 23.66 % in forecast period 2025-2032.
Canada Horticulture Lighting Market Company Share Analysis
| Company Name |
|
||
| TE Connectivity | |||
| SAMSUNG | |||
| Signify Holding | |||
| ACUITY BRANDS LIGHTING, INC. | |||
| ams-OSRAM AG | |||
Canada Horticulture Lighting Market Geographical Sales Distribution, 2018-2032 USD Million
Canada Horticulture Lighting Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Canada Horticulture Lighting Market is segmented based on Segmentation Cultivation,Lighting,Deployment,Offering,Technology,Application.
Canada Horticulture Lighting Market was valued at USD 280.92(Revenue in USD Million) in 2022.
Canada Horticulture Lighting Market is projected to grow at a CAGR of 24.02% during the forecast period of 2024 to 2032.
The Turnkey Solution segment is expected to dominate the Canada Horticulture Lighting Market, holding a largest market share of 187.73 USD Million in 2024
Canada Horticulture Lighting Market Scope
Canada 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 Canada Horticulture Lighting Market is segmented based on Segmentation Cultivation,Lighting,Deployment,Offering,Technology,Application.
Canada Horticulture Lighting Market was valued at USD 280.92(Revenue in USD Million) in 2022.
Canada Horticulture Lighting Market is projected to grow at a CAGR of 24.02% during the forecast period of 2024 to 2032.
The estimated market value of the Canada Horticulture Lighting Market for final year is USD 1,086.44 (USD Million).
Canada Horticulture Lighting Market Company Profiling
Frequently Asked Questions
The Canada Horticulture Lighting Market is segmented based on Segmentation Cultivation,Lighting,Deployment,Offering,Technology,Application.
Canada Horticulture Lighting Market was valued at USD 280.92(Revenue in USD Million) in 2022.
Canada Horticulture Lighting Market is projected to grow at a CAGR of 24.02% during the forecast period of 2024 to 2032.
The estimated market value of the Canada Horticulture Lighting Market for final year is USD 1,086.44 (USD Million).
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