North America Horticulture Lighting Market to 2032

Overview

The North America Horticulture Lighting Market is expected to reach a 9.30 USD Billion by 2032 and is projected to grow at a CAGR of 25.64% from 2025 to 2032.

Revenue, 2024 (USD Billion)

2.22

Forecast, 2032 (USD Billion)

9.30

CAGR, 2024 - 2032

25.64%

Report Coverage

North America

North America Horticulture Lighting Market 2018-2032 USD Billion

North America Horticulture Lighting Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 2.22 USD Billion
Projected Market Size (2032): 9.30 USD Billion
CAGR (2025-2032): 25.64%

Key Findings of North America Horticulture Lighting Market

The North America Horticulture Lighting Market was valued at 2.22 USD Billion in 2024.
The North America Horticulture Lighting Market is likely to grow at a CAGR of 25.64% 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 1.48 USD Billion
The fastest growing segment Top Lighting in Lighting Segment grew Fastest with a CAGR of 26.63% during the forecast period from 2024 to 2032.

North America Horticulture Lighting Market Scope

North America Horticulture Lighting Market Segmentation & Scope

Lighting

Sole-Source Lighting
Photoperiodic Lighting
Inter Lighting
Supplemental Lighting
Top Lighting

Deployment

Retrofit Solution
Turnkey Solution

Offering

Services
Software
Hardware

Cultivation

Floriculture
Fruits
Vegetables

Application

Others
Vertical Farming
Greenhouse

Technology

Others
Fluorescent
High-Intensity Discharge (HID)

North America Horticulture Lighting Market Data Coverage Insights

Study Period	2024-2032
Base Year	2022
Unit	Revenue in USD Billion
Market Value in 2024	2.22 USD Billion
Market Value in 2032	9.30 USD Billion
CAGR (2025-2032)	25.64%
Historic Data	2016-2023
Market Segments Covered	Lighting,Deployment,Offering,Cultivation,Application,Technology

Regional Insights:

Leading Market (2024-2032): North America, leading in terms of revenue 2.22 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 1,778.80 USD Million in 2024.

Segments and Scope

North America Horticulture Lighting Market to 2032, By Lighting
- Top Lighting is the largest segment in North America Horticulture Lighting Market to 2032 with a revenue of 827.89 USD Billion in the year 2024.
- Top Lighting is the Fastest growing segment in North America Horticulture Lighting Market to 2032 with a Growth rate of 26.63 % in forecast period 2025-2032.
North America Horticulture Lighting Market to 2032, By Deployment
- Turnkey Solution is the largest segment in North America Horticulture Lighting Market to 2032 with a revenue of 1.48 USD Billion in the year 2024.
- Turnkey Solution is the Fastest growing segment in North America Horticulture Lighting Market to 2032 with a Growth rate of 25.90 % in forecast period 2025-2032.
North America Horticulture Lighting Market to 2032, By Offering
- Hardware is the largest segment in North America Horticulture Lighting Market to 2032 with a revenue of 1.40 USD Billion in the year 2024.
- Software is the Fastest growing segment in North America Horticulture Lighting Market to 2032 with a Growth rate of 25.40 % in forecast period 2025-2032.
North America Horticulture Lighting Market to 2032, By Cultivation
- Vegetables is the largest segment in North America Horticulture Lighting Market to 2032 with a revenue of 1.22 USD Billion in the year 2024.
- Vegetables is the Fastest growing segment in North America Horticulture Lighting Market to 2032 with a Growth rate of 26.20 % in forecast period 2025-2032.
North America Horticulture Lighting Market to 2032, By Application
- Greenhouse is the largest segment in North America Horticulture Lighting Market to 2032 with a revenue of 1.05 USD Billion in the year 2024.
- Vertical Farming is the Fastest growing segment in North America Horticulture Lighting Market to 2032 with a Growth rate of 25.31 % in forecast period 2025-2032.
North America Horticulture Lighting Market to 2032, By Technology
- High-Intensity Discharge (HID) is the largest segment in North America Horticulture Lighting Market to 2032 with a revenue of 1.32 USD Billion in the year 2024.
- High-Intensity Discharge (HID) is the Fastest growing segment in North America Horticulture Lighting Market to 2032 with a Growth rate of 25.86 % in forecast period 2025-2032.

North America Horticulture Lighting Market Company Share Analysis

Company Name
TE Connectivity
SAMSUNG
Signify Holding
ACUITY BRANDS LIGHTING, INC.
ams-OSRAM AG

North America Horticulture Lighting Market Geographical Sales Distribution, 2018-2032 USD Billion

North America Horticulture Lighting Market Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the North America Horticulture Lighting Market?

The North America Horticulture Lighting Market is segmented based on Segmentation Lighting,Deployment,Offering,Cultivation,Application,Technology.

What is the current market size of the North America Horticulture Lighting Market?

North America Horticulture Lighting Market was valued at USD 2.22(Revenue in USD Billion) in 2022.

What is the expected growth rate of the North America Horticulture Lighting Market?

North America Horticulture Lighting Market is projected to grow at a CAGR of 25.64% during the forecast period of 2024 to 2032.

Which is the dominating segment in the North America Horticulture Lighting Market?

The Turnkey Solution segment is expected to dominate the North America Horticulture Lighting Market, holding a largest market share of 1.48 USD Billion in 2024