Tiwan Horticulture Lighting Market to 2032

Overview

The Tiwan Horticulture Lighting Market is expected to reach a 59.26 USD Million by 2032 and is projected to grow at a CAGR of 22.06% from 2025 to 2032.

Revenue, 2024 (USD Million)
16.93
Forecast, 2032 (USD Million)
59.26
CAGR, 2024 - 2032
22.06%
Report Coverage
Tiwan

Tiwan Horticulture Lighting Market 2018-2032 USD Million

Tiwan Horticulture Lighting Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 16.93 USD Million
  • Projected Market Size (2032): 59.26 USD Million
  • CAGR (2025-2032): 22.06%

Key Findings of Tiwan Horticulture Lighting Market

  • The Tiwan Horticulture Lighting Market was valued at 16.93 USD Million in 2024.
  • The Tiwan Horticulture Lighting Market is likely to grow at a CAGR of 22.06% 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 11.31 USD Million
  • The fastest growing segment Software in Offering Segment grew Fastest with a CAGR of 23.00% during the forecast period from 2024 to 2032.

Tiwan Horticulture Lighting Market Scope

Tiwan Horticulture Lighting Market Segmentation & Scope
Lighting
  • Sole-Source Lighting
  • Photoperiodic Lighting
  • Inter Lighting
  • Supplemental Lighting
  • Top Lighting
Deployment
  • Retrofit Solution
  • Turnkey Solution
Offering
  • Services
  • Software
  • Hardware
Application
  • Others
  • Vertical Farming
  • Greenhouse
Technology
  • Others
  • Fluorescent
  • High-Intensity Discharge (HID)
Cultivation
  • Floriculture
  • Fruits
  • Vegetables

Tiwan Horticulture Lighting Market Data Coverage Insights

Study Period 2024-2032
Base Year 2022
Unit Revenue in USD Million
Market Value in 2024 16.93 USD Million
Market Value in 2032 59.26 USD Million
CAGR (2025-2032) 22.06%
Historic Data 2016-2023
Market Segments Covered Lighting,Deployment,Offering,Application,Technology,Cultivation

Regional Insights:

  • Leading Market (2024-2032): Tiwan, leading in terms of revenue 16.93 USD Million in 2024
    • Key Country: Tiwan, leading in terms of revenue with value of 16.93 USD Million in 2024.

Segments and Scope

  • Tiwan Horticulture Lighting Market to 2032, By Lighting
    • Top Lighting is the largest segment in Tiwan Horticulture Lighting Market to 2032 with a revenue of 6.37 USD Million in the year 2024.
    • Top Lighting is the Fastest growing segment in Tiwan Horticulture Lighting Market to 2032 with a Growth rate of 22.96 % in forecast period 2025-2032.
  • Tiwan Horticulture Lighting Market to 2032, By Deployment
    • Turnkey Solution is the largest segment in Tiwan Horticulture Lighting Market to 2032 with a revenue of 11.31 USD Million in the year 2024.
    • Turnkey Solution is the Fastest growing segment in Tiwan Horticulture Lighting Market to 2032 with a Growth rate of 22.44 % in forecast period 2025-2032.
  • Tiwan Horticulture Lighting Market to 2032, By Offering
    • Hardware is the largest segment in Tiwan Horticulture Lighting Market to 2032 with a revenue of 10.78 USD Million in the year 2024.
    • Software is the Fastest growing segment in Tiwan Horticulture Lighting Market to 2032 with a Growth rate of 21.84 % in forecast period 2025-2032.
  • Tiwan Horticulture Lighting Market to 2032, By Application
    • Greenhouse is the largest segment in Tiwan Horticulture Lighting Market to 2032 with a revenue of 8.05 USD Million in the year 2024.
    • Vertical Farming is the Fastest growing segment in Tiwan Horticulture Lighting Market to 2032 with a Growth rate of 21.70 % in forecast period 2025-2032.
  • Tiwan Horticulture Lighting Market to 2032, By Technology
    • High-Intensity Discharge (HID) is the largest segment in Tiwan Horticulture Lighting Market to 2032 with a revenue of 10.16 USD Million in the year 2024.
    • High-Intensity Discharge (HID) is the Fastest growing segment in Tiwan Horticulture Lighting Market to 2032 with a Growth rate of 22.37 % in forecast period 2025-2032.
  • Tiwan Horticulture Lighting Market to 2032, By Cultivation
    • Vegetables is the largest segment in Tiwan Horticulture Lighting Market to 2032 with a revenue of 9.34 USD Million in the year 2024.
    • Vegetables is the Fastest growing segment in Tiwan Horticulture Lighting Market to 2032 with a Growth rate of 22.39 % in forecast period 2025-2032.

Tiwan Horticulture Lighting Market Company Share Analysis

 
Company Name Company Share Analysis
TE Connectivity
SAMSUNG
Signify Holding
ACUITY BRANDS LIGHTING, INC.
ams-OSRAM AG
Tiwan Horticulture Lighting Market Company Share Analysis

Tiwan Horticulture Lighting Market Geographical Sales Distribution, 2018-2032 USD Million

Tiwan Horticulture Lighting Market Geographical Sales Distribution, 2018-2032 USD Million

Tiwan Horticulture Lighting Market Company Profiling

Tiwan Horticulture Lighting Market Company Profiling
Frequently Asked Questions
The Tiwan Horticulture Lighting Market is segmented based on Segmentation Lighting,Deployment,Offering,Application,Technology,Cultivation.
Tiwan Horticulture Lighting Market was valued at USD 16.93(Revenue in USD Million) in 2022.
Tiwan Horticulture Lighting Market is projected to grow at a CAGR of 22.06% during the forecast period of 2024 to 2032.
The Turnkey Solution segment is expected to dominate the Tiwan Horticulture Lighting Market, holding a largest market share of 11.31 USD Million in 2024

Tiwan Horticulture Lighting Market Scope

Tiwan Horticulture Lighting Market Segmentation & Scope
Lighting
  • Sole-Source Lighting
  • Photoperiodic Lighting
  • Inter Lighting
  • Supplemental Lighting
  • Top Lighting
Deployment
  • Retrofit Solution
  • Turnkey Solution
Offering
  • Services
  • Software
  • Hardware
Application
  • Others
  • Vertical Farming
  • Greenhouse
Technology
  • Others
  • Fluorescent
  • High-Intensity Discharge (HID)
Cultivation
  • Floriculture
  • Fruits
  • Vegetables
Frequently Asked Questions
The Tiwan Horticulture Lighting Market is segmented based on Segmentation Lighting,Deployment,Offering,Application,Technology,Cultivation.
Tiwan Horticulture Lighting Market was valued at USD 16.93(Revenue in USD Million) in 2022.
Tiwan Horticulture Lighting Market is projected to grow at a CAGR of 22.06% during the forecast period of 2024 to 2032.
The estimated market value of the Tiwan Horticulture Lighting Market for final year is USD 59.26 (USD Million).

Tiwan Horticulture Lighting Market Company Profiling

Tiwan Horticulture Lighting Market Company Profiling
Frequently Asked Questions
The Tiwan Horticulture Lighting Market is segmented based on Segmentation Lighting,Deployment,Offering,Application,Technology,Cultivation.
Tiwan Horticulture Lighting Market was valued at USD 16.93(Revenue in USD Million) in 2022.
Tiwan Horticulture Lighting Market is projected to grow at a CAGR of 22.06% during the forecast period of 2024 to 2032.
The estimated market value of the Tiwan Horticulture Lighting Market for final year is USD 59.26 (USD Million).

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