Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market to 2032
Overview
The Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market is expected to reach a 760.80 USD Million by 2032 and is projected to grow at a CAGR of 13.63% from 2025 to 2032.
Revenue, 2024 (USD Million)
311.03
Forecast, 2032 (USD Million)
760.80
CAGR, 2024 - 2032
13.63%
Report Coverage
Mexico
Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market 2018-2032 USD Million
Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 311.03 USD Million
- Projected Market Size (2032): 760.80 USD Million
- CAGR (2025-2032): 13.63%
Key Findings of Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market
- The Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market was valued at 311.03 USD Million in 2024.
- The Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market is likely to grow at a CAGR of 13.63% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Fixed Installation in Installation Type Segment accounted for the largest share of the market with a revenue of 251.73 USD Million
- The fastest growing segment Dual Spectrum Red Light Spectrum (600–700 NM) in Light Spectrum Segment grew Fastest with a CAGR of 15.35% during the forecast period from 2024 to 2032.
Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market Scope
Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market Segmentation & Scope
Installation Type
- Portable Installation
- Fixed Installation
Spectrum
- Narrow
- Broad
Light Spectrum
- UV Light Spectrum (100–400 NM)
- Green Light Spectrum (500–600 NM)
- Far-Red Light Spectrum (700–850 NM)
- Blue Light Spectrum (400–500 NM)
- Dual Spectrum Red Light Spectrum (600–700 NM)
Distribution channel
- Others
- Offline
- Wholesale
- Retail
- Company Website
- E-Commerce
- Online
End User
- Others
- Livestock Applications
- Research And Academic Institutions
- Residential Growers
- Warehouse Growers
- Greenhouses Growers
System Type
- Vertical Farm
- Green Houses
Type
- Incandescent Grow Lights
- High-Intensity Discharge (HID) Grow Lights
- Fluorescent Grow Lights
- LED Grow Lights
Application
- Others
- Trees
- Herbs
- Flowers
- Fruits
- Vegetables
Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2023 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 311.03 USD Million |
| Market Value in 2032 | 760.80 USD Million |
| CAGR (2025-2032) | 13.63% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Installation Type,Spectrum,Light Spectrum,Distribution channel,End User,System Type,Type,Application |
Regional Insights:
-
Leading Market (2024-2032): Mexico, leading in terms of revenue 311.03 USD Million in 2024
- Key Country: Mexico, leading in terms of revenue with value of 311.03 USD Million in 2024.
Segments and Scope
-
Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market to 2032, By Installation Type
- Fixed Installation is the largest segment in Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market to 2032 with a revenue of 251.73 USD Million in the year 2024.
- Fixed Installation is the Fastest growing segment in Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market to 2032 with a Growth rate of 13.81 % in forecast period 2025-2032.
-
Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market to 2032, By Spectrum
- Broad is the largest segment in Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market to 2032 with a revenue of 208.07 USD Million in the year 2024.
- Broad is the Fastest growing segment in Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market to 2032 with a Growth rate of 14.13 % in forecast period 2025-2032.
-
Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market to 2032, By Light Spectrum
- Dual Spectrum Red Light Spectrum (600–700 NM) is the largest segment in Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market to 2032 with a revenue of 98.19 USD Million in the year 2024.
- Dual Spectrum Red Light Spectrum (600–700 NM) is the Fastest growing segment in Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market to 2032 with a Growth rate of 15.35 % in forecast period 2025-2032.
-
Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market to 2032, By Distribution channel
- Online is the largest segment in Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market to 2032 with a revenue of 90.39 USD Million in the year 2024.
- Online is the Fastest growing segment in Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market to 2032 with a Growth rate of 15.13 % in forecast period 2025-2032.
-
Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market to 2032, By End User
- Greenhouses Growers is the largest segment in Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market to 2032 with a revenue of 107.99 USD Million in the year 2024.
- Warehouse Growers is the Fastest growing segment in Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market to 2032 with a Growth rate of 13.87 % in forecast period 2025-2032.
-
Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market to 2032, By System Type
- Green Houses is the largest segment in Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market to 2032 with a revenue of 197.31 USD Million in the year 2024.
- Vertical Farm is the Fastest growing segment in Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market to 2032 with a Growth rate of 13.25 % in forecast period 2025-2032.
-
Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market to 2032, By Type
- LED Grow Lights is the largest segment in Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market to 2032 with a revenue of 131.64 USD Million in the year 2024.
- LED Grow Lights is the Fastest growing segment in Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market to 2032 with a Growth rate of 14.32 % in forecast period 2025-2032.
-
Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market to 2032, By Application
- Vegetables is the largest segment in Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market to 2032 with a revenue of 108.10 USD Million in the year 2024.
- Vegetables is the Fastest growing segment in Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market to 2032 with a Growth rate of 14.78 % in forecast period 2025-2032.
Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market Company Share Analysis
| Company Name |
|
||
| Signify Holding | |||
| ams-OSRAM AG | |||
| Heliospectra AB | |||
| Cree LED | |||
| Hydrofarm | |||
Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market Geographical Sales Distribution, 2018-2032 USD Million
Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market is segmented based on Segmentation Installation Type,Spectrum,Light Spectrum,Distribution channel,End User,System Type,Type,Application.
Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market was valued at USD 311.03(Revenue in USD Million) in 2023.
Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market is projected to grow at a CAGR of 13.63% during the forecast period of 2024 to 2032.
The Fixed Installation segment is expected to dominate the Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market, holding a largest market share of 251.73 USD Million in 2024
Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market Scope
Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market Segmentation & Scope
Installation Type
- Portable Installation
- Fixed Installation
Spectrum
- Narrow
- Broad
Light Spectrum
- UV Light Spectrum (100–400 NM)
- Green Light Spectrum (500–600 NM)
- Far-Red Light Spectrum (700–850 NM)
- Blue Light Spectrum (400–500 NM)
- Dual Spectrum Red Light Spectrum (600–700 NM)
Distribution channel
- Others
- Offline
- Wholesale
- Retail
- Company Website
- E-Commerce
- Online
End User
- Others
- Livestock Applications
- Research And Academic Institutions
- Residential Growers
- Warehouse Growers
- Greenhouses Growers
System Type
- Vertical Farm
- Green Houses
Type
- Incandescent Grow Lights
- High-Intensity Discharge (HID) Grow Lights
- Fluorescent Grow Lights
- LED Grow Lights
Application
- Others
- Trees
- Herbs
- Flowers
- Fruits
- Vegetables
Frequently Asked Questions
The Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market is segmented based on Segmentation Installation Type,Spectrum,Light Spectrum,Distribution channel,End User,System Type,Type,Application.
Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market was valued at USD 311.03(Revenue in USD Million) in 2023.
Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market is projected to grow at a CAGR of 13.63% during the forecast period of 2024 to 2032.
The estimated market value of the Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market for final year is USD 760.80 (USD Million).
Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market Company Profiling
Frequently Asked Questions
The Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market is segmented based on Segmentation Installation Type,Spectrum,Light Spectrum,Distribution channel,End User,System Type,Type,Application.
Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market was valued at USD 311.03(Revenue in USD Million) in 2023.
Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market is projected to grow at a CAGR of 13.63% during the forecast period of 2024 to 2032.
The estimated market value of the Mexico Greenhouse and Controlled Environment Grow Lights for Agricultural Crops Market for final year is USD 760.80 (USD Million).
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