South Africa Horticulture Lighting Market to 2032
Overview
The South Africa Horticulture Lighting Market is expected to reach a 77.85 USD Million by 2032 and is projected to grow at a CAGR of 21.14% from 2025 to 2032.
Revenue, 2024 (USD Million)
23.30
Forecast, 2032 (USD Million)
77.85
CAGR, 2024 - 2032
21.14%
Report Coverage
South Africa
South Africa Horticulture Lighting Market 2018-2032 USD Million
South Africa Horticulture Lighting Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 23.30 USD Million
- Projected Market Size (2032): 77.85 USD Million
- CAGR (2025-2032): 21.14%
Key Findings of South Africa Horticulture Lighting Market
- The South Africa Horticulture Lighting Market was valued at 23.30 USD Million in 2024.
- The South Africa Horticulture Lighting Market is likely to grow at a CAGR of 21.14% 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 15.86 USD Million
- The fastest growing segment Top Lighting in Lighting Segment grew Fastest with a CAGR of 21.94% during the forecast period from 2024 to 2032.
South Africa Horticulture Lighting Market Scope
South Africa Horticulture Lighting Market Segmentation & Scope
Technology
- Others
- Fluorescent
- High-Intensity Discharge (HID)
Cultivation
- Floriculture
- Fruits
- Vegetables
Lighting
- Sole-Source Lighting
- Photoperiodic Lighting
- Inter Lighting
- Supplemental Lighting
- Top Lighting
Application
- Others
- Vertical Farming
- Greenhouse
Deployment
- Retrofit Solution
- Turnkey Solution
Offering
- Services
- Software
- Hardware
South Africa Horticulture Lighting Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 23.30 USD Million |
| Market Value in 2032 | 77.85 USD Million |
| CAGR (2025-2032) | 21.14% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Technology,Cultivation,Lighting,Application,Deployment,Offering |
Regional Insights:
-
Leading Market (2024-2032): South Africa, leading in terms of revenue 23.30 USD Million in 2024
- Key Country: South Africa, leading in terms of revenue with value of 23.30 USD Million in 2024.
Segments and Scope
-
South Africa Horticulture Lighting Market to 2032, By Technology
- High-Intensity Discharge (HID) is the largest segment in South Africa Horticulture Lighting Market to 2032 with a revenue of 14.50 USD Million in the year 2024.
- High-Intensity Discharge (HID) is the Fastest growing segment in South Africa Horticulture Lighting Market to 2032 with a Growth rate of 21.51 % in forecast period 2025-2032.
-
South Africa Horticulture Lighting Market to 2032, By Cultivation
- Vegetables is the largest segment in South Africa Horticulture Lighting Market to 2032 with a revenue of 13.34 USD Million in the year 2024.
- Vegetables is the Fastest growing segment in South Africa Horticulture Lighting Market to 2032 with a Growth rate of 21.71 % in forecast period 2025-2032.
-
South Africa Horticulture Lighting Market to 2032, By Lighting
- Top Lighting is the largest segment in South Africa Horticulture Lighting Market to 2032 with a revenue of 9.38 USD Million in the year 2024.
- Top Lighting is the Fastest growing segment in South Africa Horticulture Lighting Market to 2032 with a Growth rate of 21.94 % in forecast period 2025-2032.
-
South Africa Horticulture Lighting Market to 2032, By Application
- Greenhouse is the largest segment in South Africa Horticulture Lighting Market to 2032 with a revenue of 11.55 USD Million in the year 2024.
- Vertical Farming is the Fastest growing segment in South Africa Horticulture Lighting Market to 2032 with a Growth rate of 21.00 % in forecast period 2025-2032.
-
South Africa Horticulture Lighting Market to 2032, By Deployment
- Turnkey Solution is the largest segment in South Africa Horticulture Lighting Market to 2032 with a revenue of 15.86 USD Million in the year 2024.
- Turnkey Solution is the Fastest growing segment in South Africa Horticulture Lighting Market to 2032 with a Growth rate of 21.50 % in forecast period 2025-2032.
-
South Africa Horticulture Lighting Market to 2032, By Offering
- Hardware is the largest segment in South Africa Horticulture Lighting Market to 2032 with a revenue of 15.64 USD Million in the year 2024.
- Software is the Fastest growing segment in South Africa Horticulture Lighting Market to 2032 with a Growth rate of 20.99 % in forecast period 2025-2032.
South Africa Horticulture Lighting Market Company Share Analysis
| Company Name |
|
||
| TE Connectivity | |||
| SAMSUNG | |||
| Signify Holding | |||
| ACUITY BRANDS LIGHTING, INC. | |||
| ams-OSRAM AG | |||
South Africa Horticulture Lighting Market Geographical Sales Distribution, 2018-2032 USD Million
South Africa Horticulture Lighting Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Africa Horticulture Lighting Market is segmented based on Segmentation Technology,Cultivation,Lighting,Application,Deployment,Offering.
South Africa Horticulture Lighting Market was valued at USD 23.30(Revenue in USD Million) in 2022.
South Africa Horticulture Lighting Market is projected to grow at a CAGR of 21.14% during the forecast period of 2024 to 2032.
The Turnkey Solution segment is expected to dominate the South Africa Horticulture Lighting Market, holding a largest market share of 15.86 USD Million in 2024
South Africa Horticulture Lighting Market Scope
South Africa Horticulture Lighting Market Segmentation & Scope
Technology
- Others
- Fluorescent
- High-Intensity Discharge (HID)
Cultivation
- Floriculture
- Fruits
- Vegetables
Lighting
- Sole-Source Lighting
- Photoperiodic Lighting
- Inter Lighting
- Supplemental Lighting
- Top Lighting
Application
- Others
- Vertical Farming
- Greenhouse
Deployment
- Retrofit Solution
- Turnkey Solution
Offering
- Services
- Software
- Hardware
Frequently Asked Questions
The South Africa Horticulture Lighting Market is segmented based on Segmentation Technology,Cultivation,Lighting,Application,Deployment,Offering.
South Africa Horticulture Lighting Market was valued at USD 23.30(Revenue in USD Million) in 2022.
South Africa Horticulture Lighting Market is projected to grow at a CAGR of 21.14% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa Horticulture Lighting Market for final year is USD 77.85 (USD Million).
South Africa Horticulture Lighting Market Company Profiling
Frequently Asked Questions
The South Africa Horticulture Lighting Market is segmented based on Segmentation Technology,Cultivation,Lighting,Application,Deployment,Offering.
South Africa Horticulture Lighting Market was valued at USD 23.30(Revenue in USD Million) in 2022.
South Africa Horticulture Lighting Market is projected to grow at a CAGR of 21.14% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa Horticulture Lighting Market for final year is USD 77.85 (USD Million).
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