Malaysia Horticulture Lighting Market to 2032
Overview
The Malaysia Horticulture Lighting Market is expected to reach a 100.90 USD Million by 2032 and is projected to grow at a CAGR of 23.52% from 2025 to 2032.
Revenue, 2024 (USD Million)
26.76
Forecast, 2032 (USD Million)
100.90
CAGR, 2024 - 2032
23.52%
Report Coverage
Malaysia
Malaysia Horticulture Lighting Market 2018-2032 USD Million
Malaysia Horticulture Lighting Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 26.76 USD Million
- Projected Market Size (2032): 100.90 USD Million
- CAGR (2025-2032): 23.52%
Key Findings of Malaysia Horticulture Lighting Market
- The Malaysia Horticulture Lighting Market was valued at 26.76 USD Million in 2024.
- The Malaysia Horticulture Lighting Market is likely to grow at a CAGR of 23.52% 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 18.06 USD Million
- The fastest growing segment Top Lighting in Lighting Segment grew Fastest with a CAGR of 24.52% during the forecast period from 2024 to 2032.
Malaysia Horticulture Lighting Market Scope
Malaysia Horticulture Lighting Market Segmentation & Scope
Application
- Others
- Vertical Farming
- Greenhouse
Technology
- Others
- Fluorescent
- High-Intensity Discharge (HID)
Cultivation
- Floriculture
- Fruits
- Vegetables
Lighting
- Sole-Source Lighting
- Photoperiodic Lighting
- Inter Lighting
- Supplemental Lighting
- Top Lighting
Offering
- Services
- Software
- Hardware
Deployment
- Retrofit Solution
- Turnkey Solution
Malaysia Horticulture Lighting Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 26.76 USD Million |
| Market Value in 2032 | 100.90 USD Million |
| CAGR (2025-2032) | 23.52% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Technology,Cultivation,Lighting,Offering,Deployment |
Regional Insights:
-
Leading Market (2024-2032): Malaysia, leading in terms of revenue 26.76 USD Million in 2024
- Key Country: Malaysia, leading in terms of revenue with value of 26.76 USD Million in 2024.
Segments and Scope
-
Malaysia Horticulture Lighting Market to 2032, By Application
- Greenhouse is the largest segment in Malaysia Horticulture Lighting Market to 2032 with a revenue of 13.08 USD Million in the year 2024.
- Vertical Farming is the Fastest growing segment in Malaysia Horticulture Lighting Market to 2032 with a Growth rate of 23.34 % in forecast period 2025-2032.
-
Malaysia Horticulture Lighting Market to 2032, By Technology
- High-Intensity Discharge (HID) is the largest segment in Malaysia Horticulture Lighting Market to 2032 with a revenue of 16.47 USD Million in the year 2024.
- High-Intensity Discharge (HID) is the Fastest growing segment in Malaysia Horticulture Lighting Market to 2032 with a Growth rate of 23.98 % in forecast period 2025-2032.
-
Malaysia Horticulture Lighting Market to 2032, By Cultivation
- Vegetables is the largest segment in Malaysia Horticulture Lighting Market to 2032 with a revenue of 15.13 USD Million in the year 2024.
- Vegetables is the Fastest growing segment in Malaysia Horticulture Lighting Market to 2032 with a Growth rate of 24.03 % in forecast period 2025-2032.
-
Malaysia Horticulture Lighting Market to 2032, By Lighting
- Top Lighting is the largest segment in Malaysia Horticulture Lighting Market to 2032 with a revenue of 10.55 USD Million in the year 2024.
- Top Lighting is the Fastest growing segment in Malaysia Horticulture Lighting Market to 2032 with a Growth rate of 24.52 % in forecast period 2025-2032.
-
Malaysia Horticulture Lighting Market to 2032, By Offering
- Hardware is the largest segment in Malaysia Horticulture Lighting Market to 2032 with a revenue of 17.63 USD Million in the year 2024.
- Software is the Fastest growing segment in Malaysia Horticulture Lighting Market to 2032 with a Growth rate of 23.31 % in forecast period 2025-2032.
-
Malaysia Horticulture Lighting Market to 2032, By Deployment
- Turnkey Solution is the largest segment in Malaysia Horticulture Lighting Market to 2032 with a revenue of 18.06 USD Million in the year 2024.
- Turnkey Solution is the Fastest growing segment in Malaysia Horticulture Lighting Market to 2032 with a Growth rate of 23.67 % in forecast period 2025-2032.
Malaysia Horticulture Lighting Market Company Share Analysis
| Company Name |
|
||
| TE Connectivity | |||
| SAMSUNG | |||
| Signify Holding | |||
| ACUITY BRANDS LIGHTING, INC. | |||
| ams-OSRAM AG | |||
Malaysia Horticulture Lighting Market Geographical Sales Distribution, 2018-2032 USD Million
Malaysia Horticulture Lighting Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Malaysia Horticulture Lighting Market is segmented based on Segmentation Application,Technology,Cultivation,Lighting,Offering,Deployment.
Malaysia Horticulture Lighting Market was valued at USD 26.76(Revenue in USD Million) in 2022.
Malaysia Horticulture Lighting Market is projected to grow at a CAGR of 23.52% during the forecast period of 2024 to 2032.
The Turnkey Solution segment is expected to dominate the Malaysia Horticulture Lighting Market, holding a largest market share of 18.06 USD Million in 2024
Malaysia Horticulture Lighting Market Scope
Malaysia Horticulture Lighting Market Segmentation & Scope
Application
- Others
- Vertical Farming
- Greenhouse
Technology
- Others
- Fluorescent
- High-Intensity Discharge (HID)
Cultivation
- Floriculture
- Fruits
- Vegetables
Lighting
- Sole-Source Lighting
- Photoperiodic Lighting
- Inter Lighting
- Supplemental Lighting
- Top Lighting
Offering
- Services
- Software
- Hardware
Deployment
- Retrofit Solution
- Turnkey Solution
Frequently Asked Questions
The Malaysia Horticulture Lighting Market is segmented based on Segmentation Application,Technology,Cultivation,Lighting,Offering,Deployment.
Malaysia Horticulture Lighting Market was valued at USD 26.76(Revenue in USD Million) in 2022.
Malaysia Horticulture Lighting Market is projected to grow at a CAGR of 23.52% during the forecast period of 2024 to 2032.
The estimated market value of the Malaysia Horticulture Lighting Market for final year is USD 100.90 (USD Million).
Malaysia Horticulture Lighting Market Company Profiling
Frequently Asked Questions
The Malaysia Horticulture Lighting Market is segmented based on Segmentation Application,Technology,Cultivation,Lighting,Offering,Deployment.
Malaysia Horticulture Lighting Market was valued at USD 26.76(Revenue in USD Million) in 2022.
Malaysia Horticulture Lighting Market is projected to grow at a CAGR of 23.52% during the forecast period of 2024 to 2032.
The estimated market value of the Malaysia Horticulture Lighting Market for final year is USD 100.90 (USD Million).
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