Sweden Horticulture Lighting Market to 2032
Overview
The Sweden Horticulture Lighting Market is expected to reach a 192.80 USD Million by 2032 and is projected to grow at a CAGR of 22.94% from 2025 to 2032.
Revenue, 2024 (USD Million)
52.67
Forecast, 2032 (USD Million)
192.80
CAGR, 2024 - 2032
22.94%
Report Coverage
Sweden
Sweden Horticulture Lighting Market 2018-2032 USD Million
Sweden Horticulture Lighting Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 52.67 USD Million
- Projected Market Size (2032): 192.80 USD Million
- CAGR (2025-2032): 22.94%
Key Findings of Sweden Horticulture Lighting Market
- The Sweden Horticulture Lighting Market was valued at 52.67 USD Million in 2024.
- The Sweden Horticulture Lighting Market is likely to grow at a CAGR of 22.94% 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 35.24 USD Million
- The fastest growing segment Software in Offering Segment grew Fastest with a CAGR of 23.89% during the forecast period from 2024 to 2032.
Sweden Horticulture Lighting Market Scope
Sweden Horticulture Lighting Market Segmentation & Scope
Application
- Others
- Vertical Farming
- Greenhouse
Technology
- Others
- Fluorescent
- High-Intensity Discharge (HID)
Offering
- Services
- Software
- Hardware
Cultivation
- Floriculture
- Fruits
- Vegetables
Lighting
- Sole-Source Lighting
- Photoperiodic Lighting
- Inter Lighting
- Supplemental Lighting
- Top Lighting
Deployment
- Retrofit Solution
- Turnkey Solution
Sweden Horticulture Lighting Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 52.67 USD Million |
| Market Value in 2032 | 192.80 USD Million |
| CAGR (2025-2032) | 22.94% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Technology,Offering,Cultivation,Lighting,Deployment |
Regional Insights:
-
Leading Market (2024-2032): Sweden, leading in terms of revenue 52.67 USD Million in 2024
- Key Country: Sweden, leading in terms of revenue with value of 52.67 USD Million in 2024.
Segments and Scope
-
Sweden Horticulture Lighting Market to 2032, By Application
- Greenhouse is the largest segment in Sweden Horticulture Lighting Market to 2032 with a revenue of 24.63 USD Million in the year 2024.
- Vertical Farming is the Fastest growing segment in Sweden Horticulture Lighting Market to 2032 with a Growth rate of 22.61 % in forecast period 2025-2032.
-
Sweden Horticulture Lighting Market to 2032, By Technology
- High-Intensity Discharge (HID) is the largest segment in Sweden Horticulture Lighting Market to 2032 with a revenue of 31.54 USD Million in the year 2024.
- High-Intensity Discharge (HID) is the Fastest growing segment in Sweden Horticulture Lighting Market to 2032 with a Growth rate of 23.13 % in forecast period 2025-2032.
-
Sweden Horticulture Lighting Market to 2032, By Offering
- Hardware is the largest segment in Sweden Horticulture Lighting Market to 2032 with a revenue of 32.91 USD Million in the year 2024.
- Software is the Fastest growing segment in Sweden Horticulture Lighting Market to 2032 with a Growth rate of 22.67 % in forecast period 2025-2032.
-
Sweden Horticulture Lighting Market to 2032, By Cultivation
- Vegetables is the largest segment in Sweden Horticulture Lighting Market to 2032 with a revenue of 29.51 USD Million in the year 2024.
- Vegetables is the Fastest growing segment in Sweden Horticulture Lighting Market to 2032 with a Growth rate of 23.51 % in forecast period 2025-2032.
-
Sweden Horticulture Lighting Market to 2032, By Lighting
- Top Lighting is the largest segment in Sweden Horticulture Lighting Market to 2032 with a revenue of 20.20 USD Million in the year 2024.
- Top Lighting is the Fastest growing segment in Sweden Horticulture Lighting Market to 2032 with a Growth rate of 23.88 % in forecast period 2025-2032.
-
Sweden Horticulture Lighting Market to 2032, By Deployment
- Turnkey Solution is the largest segment in Sweden Horticulture Lighting Market to 2032 with a revenue of 35.24 USD Million in the year 2024.
- Turnkey Solution is the Fastest growing segment in Sweden Horticulture Lighting Market to 2032 with a Growth rate of 23.17 % in forecast period 2025-2032.
Sweden Horticulture Lighting Market Company Share Analysis
| Company Name |
|
||
| TE Connectivity | |||
| SAMSUNG | |||
| Signify Holding | |||
| ACUITY BRANDS LIGHTING, INC. | |||
| ams-OSRAM AG | |||
Sweden Horticulture Lighting Market Geographical Sales Distribution, 2018-2032 USD Million
Sweden Horticulture Lighting Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Sweden Horticulture Lighting Market is segmented based on Segmentation Application,Technology,Offering,Cultivation,Lighting,Deployment.
Sweden Horticulture Lighting Market was valued at USD 52.67(Revenue in USD Million) in 2022.
Sweden Horticulture Lighting Market is projected to grow at a CAGR of 22.94% during the forecast period of 2024 to 2032.
The Turnkey Solution segment is expected to dominate the Sweden Horticulture Lighting Market, holding a largest market share of 35.24 USD Million in 2024
Sweden Horticulture Lighting Market Scope
Sweden Horticulture Lighting Market Segmentation & Scope
Application
- Others
- Vertical Farming
- Greenhouse
Technology
- Others
- Fluorescent
- High-Intensity Discharge (HID)
Offering
- Services
- Software
- Hardware
Cultivation
- Floriculture
- Fruits
- Vegetables
Lighting
- Sole-Source Lighting
- Photoperiodic Lighting
- Inter Lighting
- Supplemental Lighting
- Top Lighting
Deployment
- Retrofit Solution
- Turnkey Solution
Frequently Asked Questions
The Sweden Horticulture Lighting Market is segmented based on Segmentation Application,Technology,Offering,Cultivation,Lighting,Deployment.
Sweden Horticulture Lighting Market was valued at USD 52.67(Revenue in USD Million) in 2022.
Sweden Horticulture Lighting Market is projected to grow at a CAGR of 22.94% during the forecast period of 2024 to 2032.
The estimated market value of the Sweden Horticulture Lighting Market for final year is USD 192.80 (USD Million).
Sweden Horticulture Lighting Market Company Profiling
Frequently Asked Questions
The Sweden Horticulture Lighting Market is segmented based on Segmentation Application,Technology,Offering,Cultivation,Lighting,Deployment.
Sweden Horticulture Lighting Market was valued at USD 52.67(Revenue in USD Million) in 2022.
Sweden Horticulture Lighting Market is projected to grow at a CAGR of 22.94% during the forecast period of 2024 to 2032.
The estimated market value of the Sweden Horticulture Lighting Market for final year is USD 192.80 (USD Million).
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