Philippines Horticulture Lighting Market to 2032
Overview
The Philippines Horticulture Lighting Market is expected to reach a 220.82 USD Million by 2032 and is projected to grow at a CAGR of 24.33% from 2025 to 2032.
Revenue, 2024 (USD Million)
56.23
Forecast, 2032 (USD Million)
220.82
CAGR, 2024 - 2032
24.33%
Report Coverage
Philippines
Philippines Horticulture Lighting Market 2018-2032 USD Million
Philippines Horticulture Lighting Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 56.23 USD Million
- Projected Market Size (2032): 220.82 USD Million
- CAGR (2025-2032): 24.33%
Key Findings of Philippines Horticulture Lighting Market
- The Philippines Horticulture Lighting Market was valued at 56.23 USD Million in 2024.
- The Philippines Horticulture Lighting Market is likely to grow at a CAGR of 24.33% 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 37.47 USD Million
- The fastest growing segment Top Lighting in Lighting Segment grew Fastest with a CAGR of 25.61% during the forecast period from 2024 to 2032.
Philippines Horticulture Lighting Market Scope
Philippines Horticulture Lighting Market Segmentation & Scope
Offering
- Services
- Software
- Hardware
Technology
- Others
- Fluorescent
- High-Intensity Discharge (HID)
Cultivation
- Floriculture
- Fruits
- Vegetables
Lighting
- Sole-Source Lighting
- Photoperiodic Lighting
- Inter Lighting
- Supplemental Lighting
- Top Lighting
Deployment
- Retrofit Solution
- Turnkey Solution
Application
- Others
- Vertical Farming
- Greenhouse
Philippines Horticulture Lighting Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 56.23 USD Million |
| Market Value in 2032 | 220.82 USD Million |
| CAGR (2025-2032) | 24.33% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Offering,Technology,Cultivation,Lighting,Deployment,Application |
Regional Insights:
-
Leading Market (2024-2032): Philippines, leading in terms of revenue 56.23 USD Million in 2024
- Key Country: Philippines, leading in terms of revenue with value of 56.23 USD Million in 2024.
Segments and Scope
-
Philippines Horticulture Lighting Market to 2032, By Offering
- Hardware is the largest segment in Philippines Horticulture Lighting Market to 2032 with a revenue of 35.64 USD Million in the year 2024.
- Software is the Fastest growing segment in Philippines Horticulture Lighting Market to 2032 with a Growth rate of 24.01 % in forecast period 2025-2032.
-
Philippines Horticulture Lighting Market to 2032, By Technology
- High-Intensity Discharge (HID) is the largest segment in Philippines Horticulture Lighting Market to 2032 with a revenue of 33.66 USD Million in the year 2024.
- High-Intensity Discharge (HID) is the Fastest growing segment in Philippines Horticulture Lighting Market to 2032 with a Growth rate of 24.63 % in forecast period 2025-2032.
-
Philippines Horticulture Lighting Market to 2032, By Cultivation
- Vegetables is the largest segment in Philippines Horticulture Lighting Market to 2032 with a revenue of 31.03 USD Million in the year 2024.
- Vegetables is the Fastest growing segment in Philippines Horticulture Lighting Market to 2032 with a Growth rate of 24.84 % in forecast period 2025-2032.
-
Philippines Horticulture Lighting Market to 2032, By Lighting
- Top Lighting is the largest segment in Philippines Horticulture Lighting Market to 2032 with a revenue of 21.17 USD Million in the year 2024.
- Top Lighting is the Fastest growing segment in Philippines Horticulture Lighting Market to 2032 with a Growth rate of 25.61 % in forecast period 2025-2032.
-
Philippines Horticulture Lighting Market to 2032, By Deployment
- Turnkey Solution is the largest segment in Philippines Horticulture Lighting Market to 2032 with a revenue of 37.47 USD Million in the year 2024.
- Turnkey Solution is the Fastest growing segment in Philippines Horticulture Lighting Market to 2032 with a Growth rate of 24.65 % in forecast period 2025-2032.
-
Philippines Horticulture Lighting Market to 2032, By Application
- Greenhouse is the largest segment in Philippines Horticulture Lighting Market to 2032 with a revenue of 26.73 USD Million in the year 2024.
- Vertical Farming is the Fastest growing segment in Philippines Horticulture Lighting Market to 2032 with a Growth rate of 24.10 % in forecast period 2025-2032.
Philippines Horticulture Lighting Market Company Share Analysis
| Company Name |
|
||
| TE Connectivity | |||
| SAMSUNG | |||
| Signify Holding | |||
| ACUITY BRANDS LIGHTING, INC. | |||
| ams-OSRAM AG | |||
Philippines Horticulture Lighting Market Geographical Sales Distribution, 2018-2032 USD Million
Philippines Horticulture Lighting Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Philippines Horticulture Lighting Market is segmented based on Segmentation Offering,Technology,Cultivation,Lighting,Deployment,Application.
Philippines Horticulture Lighting Market was valued at USD 56.23(Revenue in USD Million) in 2022.
Philippines Horticulture Lighting Market is projected to grow at a CAGR of 24.33% during the forecast period of 2024 to 2032.
The Turnkey Solution segment is expected to dominate the Philippines Horticulture Lighting Market, holding a largest market share of 37.47 USD Million in 2024
Philippines Horticulture Lighting Market Scope
Philippines Horticulture Lighting Market Segmentation & Scope
Offering
- Services
- Software
- Hardware
Technology
- Others
- Fluorescent
- High-Intensity Discharge (HID)
Cultivation
- Floriculture
- Fruits
- Vegetables
Lighting
- Sole-Source Lighting
- Photoperiodic Lighting
- Inter Lighting
- Supplemental Lighting
- Top Lighting
Deployment
- Retrofit Solution
- Turnkey Solution
Application
- Others
- Vertical Farming
- Greenhouse
Frequently Asked Questions
The Philippines Horticulture Lighting Market is segmented based on Segmentation Offering,Technology,Cultivation,Lighting,Deployment,Application.
Philippines Horticulture Lighting Market was valued at USD 56.23(Revenue in USD Million) in 2022.
Philippines Horticulture Lighting Market is projected to grow at a CAGR of 24.33% during the forecast period of 2024 to 2032.
The estimated market value of the Philippines Horticulture Lighting Market for final year is USD 220.82 (USD Million).
Philippines Horticulture Lighting Market Company Profiling
Frequently Asked Questions
The Philippines Horticulture Lighting Market is segmented based on Segmentation Offering,Technology,Cultivation,Lighting,Deployment,Application.
Philippines Horticulture Lighting Market was valued at USD 56.23(Revenue in USD Million) in 2022.
Philippines Horticulture Lighting Market is projected to grow at a CAGR of 24.33% during the forecast period of 2024 to 2032.
The estimated market value of the Philippines Horticulture Lighting Market for final year is USD 220.82 (USD Million).
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