Europe Horticulture Lighting Market to 2032
Overview
The Europe Horticulture Lighting Market is expected to reach a 12.75 USD Billion by 2032 and is projected to grow at a CAGR of 26.34% from 2025 to 2032.
Revenue, 2024 (USD Billion)
2.94
Forecast, 2032 (USD Billion)
12.75
CAGR, 2024 - 2032
26.34%
Report Coverage
Europe
Europe Horticulture Lighting Market 2018-2032 USD Billion
Europe Horticulture Lighting Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 2.94 USD Billion
- Projected Market Size (2032): 12.75 USD Billion
- CAGR (2025-2032): 26.34%
Key Findings of Europe Horticulture Lighting Market
- The Europe Horticulture Lighting Market was valued at 2.94 USD Billion in 2024.
- The Europe Horticulture Lighting Market is likely to grow at a CAGR of 26.34% 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 1.96 USD Billion
- The fastest growing segment Top Lighting in Lighting Segment grew Fastest with a CAGR of 27.32% during the forecast period from 2024 to 2032.
Europe Horticulture Lighting Market Scope
Europe Horticulture Lighting Market Segmentation & Scope
Offering
- Services
- Software
- Hardware
Lighting
- Sole-Source Lighting
- Photoperiodic Lighting
- Inter Lighting
- Supplemental Lighting
- Top Lighting
Deployment
- Retrofit Solution
- Turnkey Solution
Application
- Others
- Vertical Farming
- Greenhouse
Technology
- Others
- Fluorescent
- High-Intensity Discharge (HID)
Cultivation
- Floriculture
- Fruits
- Vegetables
Europe Horticulture Lighting Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 2.94 USD Billion |
| Market Value in 2032 | 12.75 USD Billion |
| CAGR (2025-2032) | 26.34% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Offering,Lighting,Deployment,Application,Technology,Cultivation |
Regional Insights:
-
Leading Market (2024-2032): Europe, leading in terms of revenue 2.94 USD Billion in 2024
- Key Country: Germany, leading in terms of revenue with value of 546.90 USD Million in 2024.
Segments and Scope
-
Europe Horticulture Lighting Market to 2032, By Offering
- Hardware is the largest segment in Europe Horticulture Lighting Market to 2032 with a revenue of 1.84 USD Billion in the year 2024.
- Software is the Fastest growing segment in Europe Horticulture Lighting Market to 2032 with a Growth rate of 26.07 % in forecast period 2025-2032.
-
Europe Horticulture Lighting Market to 2032, By Lighting
- Top Lighting is the largest segment in Europe Horticulture Lighting Market to 2032 with a revenue of 1.12 USD Billion in the year 2024.
- Top Lighting is the Fastest growing segment in Europe Horticulture Lighting Market to 2032 with a Growth rate of 27.32 % in forecast period 2025-2032.
-
Europe Horticulture Lighting Market to 2032, By Deployment
- Turnkey Solution is the largest segment in Europe Horticulture Lighting Market to 2032 with a revenue of 1.96 USD Billion in the year 2024.
- Turnkey Solution is the Fastest growing segment in Europe Horticulture Lighting Market to 2032 with a Growth rate of 26.59 % in forecast period 2025-2032.
-
Europe Horticulture Lighting Market to 2032, By Application
- Greenhouse is the largest segment in Europe Horticulture Lighting Market to 2032 with a revenue of 1.38 USD Billion in the year 2024.
- Vertical Farming is the Fastest growing segment in Europe Horticulture Lighting Market to 2032 with a Growth rate of 26.00 % in forecast period 2025-2032.
-
Europe Horticulture Lighting Market to 2032, By Technology
- High-Intensity Discharge (HID) is the largest segment in Europe Horticulture Lighting Market to 2032 with a revenue of 1.76 USD Billion in the year 2024.
- High-Intensity Discharge (HID) is the Fastest growing segment in Europe Horticulture Lighting Market to 2032 with a Growth rate of 26.54 % in forecast period 2025-2032.
-
Europe Horticulture Lighting Market to 2032, By Cultivation
- Vegetables is the largest segment in Europe Horticulture Lighting Market to 2032 with a revenue of 1.64 USD Billion in the year 2024.
- Vegetables is the Fastest growing segment in Europe Horticulture Lighting Market to 2032 with a Growth rate of 26.93 % in forecast period 2025-2032.
Europe Horticulture Lighting Market Company Share Analysis
| Company Name |
|
||
| TE Connectivity | |||
| SAMSUNG | |||
| Signify Holding | |||
| ACUITY BRANDS LIGHTING, INC. | |||
| ams-OSRAM AG | |||
Europe Horticulture Lighting Market Geographical Sales Distribution, 2018-2032 USD Billion
Europe Horticulture Lighting Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Europe Horticulture Lighting Market is segmented based on Segmentation Offering,Lighting,Deployment,Application,Technology,Cultivation.
Europe Horticulture Lighting Market was valued at USD 2.94(Revenue in USD Billion) in 2022.
Europe Horticulture Lighting Market is projected to grow at a CAGR of 26.34% during the forecast period of 2024 to 2032.
The Turnkey Solution segment is expected to dominate the Europe Horticulture Lighting Market, holding a largest market share of 1.96 USD Billion in 2024
Europe Horticulture Lighting Market Scope
Europe Horticulture Lighting Market Segmentation & Scope
Offering
- Services
- Software
- Hardware
Lighting
- Sole-Source Lighting
- Photoperiodic Lighting
- Inter Lighting
- Supplemental Lighting
- Top Lighting
Deployment
- Retrofit Solution
- Turnkey Solution
Application
- Others
- Vertical Farming
- Greenhouse
Technology
- Others
- Fluorescent
- High-Intensity Discharge (HID)
Cultivation
- Floriculture
- Fruits
- Vegetables
Frequently Asked Questions
The Europe Horticulture Lighting Market is segmented based on Segmentation Offering,Lighting,Deployment,Application,Technology,Cultivation.
Europe Horticulture Lighting Market was valued at USD 2.94(Revenue in USD Billion) in 2022.
Europe Horticulture Lighting Market is projected to grow at a CAGR of 26.34% during the forecast period of 2024 to 2032.
The estimated market value of the Europe Horticulture Lighting Market for final year is USD 12.75 (USD Billion).
Europe Horticulture Lighting Market Company Profiling
Frequently Asked Questions
The Europe Horticulture Lighting Market is segmented based on Segmentation Offering,Lighting,Deployment,Application,Technology,Cultivation.
Europe Horticulture Lighting Market was valued at USD 2.94(Revenue in USD Billion) in 2022.
Europe Horticulture Lighting Market is projected to grow at a CAGR of 26.34% during the forecast period of 2024 to 2032.
The estimated market value of the Europe Horticulture Lighting Market for final year is USD 12.75 (USD Billion).
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