Singapore Horticulture Lighting Market to 2032
Overview
The Singapore Horticulture Lighting Market is expected to reach a 37.76 USD Million by 2032 and is projected to grow at a CAGR of 21.57% from 2025 to 2032.
Revenue, 2024 (USD Million)
11.05
Forecast, 2032 (USD Million)
37.76
CAGR, 2024 - 2032
21.57%
Report Coverage
Singapore
Singapore Horticulture Lighting Market 2018-2032 USD Million
Singapore Horticulture Lighting Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 11.05 USD Million
- Projected Market Size (2032): 37.76 USD Million
- CAGR (2025-2032): 21.57%
Key Findings of Singapore Horticulture Lighting Market
- The Singapore Horticulture Lighting Market was valued at 11.05 USD Million in 2024.
- The Singapore Horticulture Lighting Market is likely to grow at a CAGR of 21.57% 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 7.50 USD Million
- The fastest growing segment Vertical Farming in Application Segment grew Fastest with a CAGR of 22.51% during the forecast period from 2024 to 2032.
Singapore Horticulture Lighting Market Scope
Singapore Horticulture Lighting Market Segmentation & Scope
Deployment
- Retrofit Solution
- Turnkey Solution
Offering
- Services
- Software
- Hardware
Lighting
- Sole-Source Lighting
- Photoperiodic Lighting
- Inter Lighting
- Supplemental Lighting
- Top Lighting
Application
- Others
- Vertical Farming
- Greenhouse
Technology
- Others
- Fluorescent
- High-Intensity Discharge (HID)
Cultivation
- Floriculture
- Fruits
- Vegetables
Singapore Horticulture Lighting Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 11.05 USD Million |
| Market Value in 2032 | 37.76 USD Million |
| CAGR (2025-2032) | 21.57% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Deployment,Offering,Lighting,Application,Technology,Cultivation |
Regional Insights:
-
Leading Market (2024-2032): Singapore, leading in terms of revenue 11.05 USD Million in 2024
- Key Country: Singapore, leading in terms of revenue with value of 11.05 USD Million in 2024.
Segments and Scope
-
Singapore Horticulture Lighting Market to 2032, By Deployment
- Turnkey Solution is the largest segment in Singapore Horticulture Lighting Market to 2032 with a revenue of 7.50 USD Million in the year 2024.
- Turnkey Solution is the Fastest growing segment in Singapore Horticulture Lighting Market to 2032 with a Growth rate of 21.79 % in forecast period 2025-2032.
-
Singapore Horticulture Lighting Market to 2032, By Offering
- Hardware is the largest segment in Singapore Horticulture Lighting Market to 2032 with a revenue of 7.40 USD Million in the year 2024.
- Software is the Fastest growing segment in Singapore Horticulture Lighting Market to 2032 with a Growth rate of 21.46 % in forecast period 2025-2032.
-
Singapore Horticulture Lighting Market to 2032, By Lighting
- Top Lighting is the largest segment in Singapore Horticulture Lighting Market to 2032 with a revenue of 4.43 USD Million in the year 2024.
- Top Lighting is the Fastest growing segment in Singapore Horticulture Lighting Market to 2032 with a Growth rate of 22.40 % in forecast period 2025-2032.
-
Singapore Horticulture Lighting Market to 2032, By Application
- Greenhouse is the largest segment in Singapore Horticulture Lighting Market to 2032 with a revenue of 5.44 USD Million in the year 2024.
- Vertical Farming is the Fastest growing segment in Singapore Horticulture Lighting Market to 2032 with a Growth rate of 21.13 % in forecast period 2025-2032.
-
Singapore Horticulture Lighting Market to 2032, By Technology
- High-Intensity Discharge (HID) is the largest segment in Singapore Horticulture Lighting Market to 2032 with a revenue of 6.86 USD Million in the year 2024.
- High-Intensity Discharge (HID) is the Fastest growing segment in Singapore Horticulture Lighting Market to 2032 with a Growth rate of 21.94 % in forecast period 2025-2032.
-
Singapore Horticulture Lighting Market to 2032, By Cultivation
- Vegetables is the largest segment in Singapore Horticulture Lighting Market to 2032 with a revenue of 6.32 USD Million in the year 2024.
- Vegetables is the Fastest growing segment in Singapore Horticulture Lighting Market to 2032 with a Growth rate of 22.22 % in forecast period 2025-2032.
Singapore Horticulture Lighting Market Company Share Analysis
| Company Name |
|
||
| TE Connectivity | |||
| SAMSUNG | |||
| Signify Holding | |||
| ACUITY BRANDS LIGHTING, INC. | |||
| ams-OSRAM AG | |||
Singapore Horticulture Lighting Market Geographical Sales Distribution, 2018-2032 USD Million
Singapore Horticulture Lighting Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Singapore Horticulture Lighting Market is segmented based on Segmentation Deployment,Offering,Lighting,Application,Technology,Cultivation.
Singapore Horticulture Lighting Market was valued at USD 11.05(Revenue in USD Million) in 2022.
Singapore Horticulture Lighting Market is projected to grow at a CAGR of 21.57% during the forecast period of 2024 to 2032.
The Turnkey Solution segment is expected to dominate the Singapore Horticulture Lighting Market, holding a largest market share of 7.50 USD Million in 2024
Singapore Horticulture Lighting Market Scope
Singapore Horticulture Lighting Market Segmentation & Scope
Deployment
- Retrofit Solution
- Turnkey Solution
Offering
- Services
- Software
- Hardware
Lighting
- Sole-Source Lighting
- Photoperiodic Lighting
- Inter Lighting
- Supplemental Lighting
- Top Lighting
Application
- Others
- Vertical Farming
- Greenhouse
Technology
- Others
- Fluorescent
- High-Intensity Discharge (HID)
Cultivation
- Floriculture
- Fruits
- Vegetables
Frequently Asked Questions
The Singapore Horticulture Lighting Market is segmented based on Segmentation Deployment,Offering,Lighting,Application,Technology,Cultivation.
Singapore Horticulture Lighting Market was valued at USD 11.05(Revenue in USD Million) in 2022.
Singapore Horticulture Lighting Market is projected to grow at a CAGR of 21.57% during the forecast period of 2024 to 2032.
The estimated market value of the Singapore Horticulture Lighting Market for final year is USD 37.76 (USD Million).
Singapore Horticulture Lighting Market Company Profiling
Frequently Asked Questions
The Singapore Horticulture Lighting Market is segmented based on Segmentation Deployment,Offering,Lighting,Application,Technology,Cultivation.
Singapore Horticulture Lighting Market was valued at USD 11.05(Revenue in USD Million) in 2022.
Singapore Horticulture Lighting Market is projected to grow at a CAGR of 21.57% during the forecast period of 2024 to 2032.
The estimated market value of the Singapore Horticulture Lighting Market for final year is USD 37.76 (USD Million).
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