RoMEA Horticulture Lighting Market to 2032
Overview
The RoMEA Horticulture Lighting Market is expected to reach a 51.24 USD Million by 2032 and is projected to grow at a CAGR of 17.87% from 2025 to 2032.
Revenue, 2024 (USD Million)
18.19
Forecast, 2032 (USD Million)
51.24
CAGR, 2024 - 2032
17.87%
Report Coverage
RoMEA
RoMEA Horticulture Lighting Market 2018-2032 USD Million
RoMEA Horticulture Lighting Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 18.19 USD Million
- Projected Market Size (2032): 51.24 USD Million
- CAGR (2025-2032): 17.87%
Key Findings of RoMEA Horticulture Lighting Market
- The RoMEA Horticulture Lighting Market was valued at 18.19 USD Million in 2024.
- The RoMEA Horticulture Lighting Market is likely to grow at a CAGR of 17.87% 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 12.22 USD Million
- The fastest growing segment Vertical Farming in Application Segment grew Fastest with a CAGR of 18.78% during the forecast period from 2024 to 2032.
RoMEA Horticulture Lighting Market Scope
RoMEA Horticulture Lighting Market Segmentation & Scope
Offering
- Services
- Software
- Hardware
Deployment
- Retrofit Solution
- Turnkey Solution
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
RoMEA Horticulture Lighting Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 18.19 USD Million |
| Market Value in 2032 | 51.24 USD Million |
| CAGR (2025-2032) | 17.87% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Offering,Deployment,Application,Technology,Cultivation,Lighting |
Regional Insights:
-
Leading Market (2024-2032): RoMEA, leading in terms of revenue 18.19 USD Million in 2024
- Key Country: RoMEA, leading in terms of revenue with value of 18.19 USD Million in 2024.
Segments and Scope
-
RoMEA Horticulture Lighting Market to 2032, By Offering
- Hardware is the largest segment in RoMEA Horticulture Lighting Market to 2032 with a revenue of 11.76 USD Million in the year 2024.
- Software is the Fastest growing segment in RoMEA Horticulture Lighting Market to 2032 with a Growth rate of 17.70 % in forecast period 2025-2032.
-
RoMEA Horticulture Lighting Market to 2032, By Deployment
- Turnkey Solution is the largest segment in RoMEA Horticulture Lighting Market to 2032 with a revenue of 12.22 USD Million in the year 2024.
- Turnkey Solution is the Fastest growing segment in RoMEA Horticulture Lighting Market to 2032 with a Growth rate of 18.30 % in forecast period 2025-2032.
-
RoMEA Horticulture Lighting Market to 2032, By Application
- Greenhouse is the largest segment in RoMEA Horticulture Lighting Market to 2032 with a revenue of 8.73 USD Million in the year 2024.
- Vertical Farming is the Fastest growing segment in RoMEA Horticulture Lighting Market to 2032 with a Growth rate of 17.35 % in forecast period 2025-2032.
-
RoMEA Horticulture Lighting Market to 2032, By Technology
- High-Intensity Discharge (HID) is the largest segment in RoMEA Horticulture Lighting Market to 2032 with a revenue of 11.03 USD Million in the year 2024.
- High-Intensity Discharge (HID) is the Fastest growing segment in RoMEA Horticulture Lighting Market to 2032 with a Growth rate of 18.22 % in forecast period 2025-2032.
-
RoMEA Horticulture Lighting Market to 2032, By Cultivation
- Vegetables is the largest segment in RoMEA Horticulture Lighting Market to 2032 with a revenue of 10.18 USD Million in the year 2024.
- Vegetables is the Fastest growing segment in RoMEA Horticulture Lighting Market to 2032 with a Growth rate of 18.53 % in forecast period 2025-2032.
-
RoMEA Horticulture Lighting Market to 2032, By Lighting
- Top Lighting is the largest segment in RoMEA Horticulture Lighting Market to 2032 with a revenue of 6.96 USD Million in the year 2024.
- Top Lighting is the Fastest growing segment in RoMEA Horticulture Lighting Market to 2032 with a Growth rate of 18.53 % in forecast period 2025-2032.
RoMEA Horticulture Lighting Market Company Share Analysis
| Company Name |
|
||
| TE Connectivity | |||
| SAMSUNG | |||
| Signify Holding | |||
| ACUITY BRANDS LIGHTING, INC. | |||
| ams-OSRAM AG | |||
RoMEA Horticulture Lighting Market Geographical Sales Distribution, 2018-2032 USD Million
RoMEA Horticulture Lighting Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The RoMEA Horticulture Lighting Market is segmented based on Segmentation Offering,Deployment,Application,Technology,Cultivation,Lighting.
RoMEA Horticulture Lighting Market was valued at USD 18.19(Revenue in USD Million) in 2022.
RoMEA Horticulture Lighting Market is projected to grow at a CAGR of 17.87% during the forecast period of 2024 to 2032.
The Turnkey Solution segment is expected to dominate the RoMEA Horticulture Lighting Market, holding a largest market share of 12.22 USD Million in 2024
RoMEA Horticulture Lighting Market Scope
RoMEA Horticulture Lighting Market Segmentation & Scope
Offering
- Services
- Software
- Hardware
Deployment
- Retrofit Solution
- Turnkey Solution
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
Frequently Asked Questions
The RoMEA Horticulture Lighting Market is segmented based on Segmentation Offering,Deployment,Application,Technology,Cultivation,Lighting.
RoMEA Horticulture Lighting Market was valued at USD 18.19(Revenue in USD Million) in 2022.
RoMEA Horticulture Lighting Market is projected to grow at a CAGR of 17.87% during the forecast period of 2024 to 2032.
The estimated market value of the RoMEA Horticulture Lighting Market for final year is USD 51.24 (USD Million).
RoMEA Horticulture Lighting Market Company Profiling
Frequently Asked Questions
The RoMEA Horticulture Lighting Market is segmented based on Segmentation Offering,Deployment,Application,Technology,Cultivation,Lighting.
RoMEA Horticulture Lighting Market was valued at USD 18.19(Revenue in USD Million) in 2022.
RoMEA Horticulture Lighting Market is projected to grow at a CAGR of 17.87% during the forecast period of 2024 to 2032.
The estimated market value of the RoMEA Horticulture Lighting Market for final year is USD 51.24 (USD Million).
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