South America Horticulture Lighting Market to 2032
Overview
The South America Horticulture Lighting Market is expected to reach a 1,530.88 USD Million by 2032 and is projected to grow at a CAGR of 23.54% from 2025 to 2032.
Revenue, 2024 (USD Million)
405.65
Forecast, 2032 (USD Million)
1,530.88
CAGR, 2024 - 2032
23.54%
Report Coverage
South America
South America Horticulture Lighting Market 2018-2032 USD Million
South America Horticulture Lighting Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 405.65 USD Million
- Projected Market Size (2032): 1,530.88 USD Million
- CAGR (2025-2032): 23.54%
Key Findings of South America Horticulture Lighting Market
- The South America Horticulture Lighting Market was valued at 405.65 USD Million in 2024.
- The South America Horticulture Lighting Market is likely to grow at a CAGR of 23.54% 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 269.65 USD Million
- The fastest growing segment Top Lighting in Lighting Segment grew Fastest with a CAGR of 24.62% during the forecast period from 2024 to 2032.
South America Horticulture Lighting Market Scope
South America Horticulture Lighting Market Segmentation & Scope
Offering
- Services
- Software
- Hardware
Deployment
- Retrofit Solution
- Turnkey Solution
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
South America Horticulture Lighting Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 405.65 USD Million |
| Market Value in 2032 | 1,530.88 USD Million |
| CAGR (2025-2032) | 23.54% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Offering,Deployment,Technology,Cultivation,Lighting,Application |
Regional Insights:
-
Leading Market (2024-2032): South America, leading in terms of revenue 405.65 USD Million in 2024
- Key Country: Brazil, leading in terms of revenue with value of 295.27 USD Million in 2024.
Segments and Scope
-
South America Horticulture Lighting Market to 2032, By Offering
- Hardware is the largest segment in South America Horticulture Lighting Market to 2032 with a revenue of 254.82 USD Million in the year 2024.
- Software is the Fastest growing segment in South America Horticulture Lighting Market to 2032 with a Growth rate of 23.33 % in forecast period 2025-2032.
-
South America Horticulture Lighting Market to 2032, By Deployment
- Turnkey Solution is the largest segment in South America Horticulture Lighting Market to 2032 with a revenue of 269.65 USD Million in the year 2024.
- Turnkey Solution is the Fastest growing segment in South America Horticulture Lighting Market to 2032 with a Growth rate of 23.95 % in forecast period 2025-2032.
-
South America Horticulture Lighting Market to 2032, By Technology
- High-Intensity Discharge (HID) is the largest segment in South America Horticulture Lighting Market to 2032 with a revenue of 241.58 USD Million in the year 2024.
- High-Intensity Discharge (HID) is the Fastest growing segment in South America Horticulture Lighting Market to 2032 with a Growth rate of 23.95 % in forecast period 2025-2032.
-
South America Horticulture Lighting Market to 2032, By Cultivation
- Vegetables is the largest segment in South America Horticulture Lighting Market to 2032 with a revenue of 221.89 USD Million in the year 2024.
- Vegetables is the Fastest growing segment in South America Horticulture Lighting Market to 2032 with a Growth rate of 23.87 % in forecast period 2025-2032.
-
South America Horticulture Lighting Market to 2032, By Lighting
- Top Lighting is the largest segment in South America Horticulture Lighting Market to 2032 with a revenue of 150.27 USD Million in the year 2024.
- Top Lighting is the Fastest growing segment in South America Horticulture Lighting Market to 2032 with a Growth rate of 24.62 % in forecast period 2025-2032.
-
South America Horticulture Lighting Market to 2032, By Application
- Greenhouse is the largest segment in South America Horticulture Lighting Market to 2032 with a revenue of 191.37 USD Million in the year 2024.
- Vertical Farming is the Fastest growing segment in South America Horticulture Lighting Market to 2032 with a Growth rate of 23.32 % in forecast period 2025-2032.
South America Horticulture Lighting Market Company Share Analysis
| Company Name |
|
||
| TE Connectivity | |||
| SAMSUNG | |||
| Signify Holding | |||
| ACUITY BRANDS LIGHTING, INC. | |||
| ams-OSRAM AG | |||
South America Horticulture Lighting Market Geographical Sales Distribution, 2018-2032 USD Million
South America Horticulture Lighting Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South America Horticulture Lighting Market is segmented based on Segmentation Offering,Deployment,Technology,Cultivation,Lighting,Application.
South America Horticulture Lighting Market was valued at USD 405.65(Revenue in USD Million) in 2022.
South America Horticulture Lighting Market is projected to grow at a CAGR of 23.54% during the forecast period of 2024 to 2032.
The Turnkey Solution segment is expected to dominate the South America Horticulture Lighting Market, holding a largest market share of 269.65 USD Million in 2024
South America Horticulture Lighting Market Scope
South America Horticulture Lighting Market Segmentation & Scope
Offering
- Services
- Software
- Hardware
Deployment
- Retrofit Solution
- Turnkey Solution
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
Frequently Asked Questions
The South America Horticulture Lighting Market is segmented based on Segmentation Offering,Deployment,Technology,Cultivation,Lighting,Application.
South America Horticulture Lighting Market was valued at USD 405.65(Revenue in USD Million) in 2022.
South America Horticulture Lighting Market is projected to grow at a CAGR of 23.54% during the forecast period of 2024 to 2032.
The estimated market value of the South America Horticulture Lighting Market for final year is USD 1,530.88 (USD Million).
South America Horticulture Lighting Market Company Profiling
Frequently Asked Questions
The South America Horticulture Lighting Market is segmented based on Segmentation Offering,Deployment,Technology,Cultivation,Lighting,Application.
South America Horticulture Lighting Market was valued at USD 405.65(Revenue in USD Million) in 2022.
South America Horticulture Lighting Market is projected to grow at a CAGR of 23.54% during the forecast period of 2024 to 2032.
The estimated market value of the South America Horticulture Lighting Market for final year is USD 1,530.88 (USD Million).
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