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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Horticulture lighting is the use of artificial lighting fixtures to stimulate plant development when natural light is unavailable.Horticulture LEDs are solid-state light sources that emit photosynthetically active radiation (PAR) in the 400-700 nanometer (nm) range to induce photosynthesis in plants.
LEDs may also be utilised for production lighting in controlled situations, as well as supplementary and photoperiod illumination in greenhouses, however these applications are still in the works. Controlling spectral quality is also important for plant display lighting.
The India horticulture LED lighting market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
Polymatech unveils next-gen horticulture LED grow light.The first manufacturer of Opto-semiconductors in India, Polymatech Electronics, has announced the release of two new horticulture LED products: monochromatic LEDs and Ravaye full-spectrum packages and modules.
The first manufacturer of Opto-semiconductors in India, Polymatech Electronics, has announced the release of two new horticulture LED products: monochromatic LEDs and Ravaye full-spectrum packages and modules.
With a larger spectrum of light for quicker and healthier plant development, improved farming settings, and lower lighting system costs, these solutions establish a new standard for enhanced greenhouse and vertical farming lighting for professional horticulture applications.
Full-spectrum light, which has a variety of wavelengths ranging from Yellow to Green to Blue to Red, encourages healthy plant development by quickening photosynthesis, boosting plant defences, and boosting nutritional content.
In order to satisfy the various design requirements of horticulture lighting producers, Polymatech provides a wide range of wavelength combinations in their Ravaye line.
Ravaye symbolises a higher standard of quality for Polymatech goods. Applications in horticulture, hydroponics, and vertical farming will all be revolutionised. The creative application of LED lighting promotes the growth of nutrient-dense plants while also assisting farmers in reducing the expenses of their lighting systems, thus boosting profitability.
The company is an expert in opto-semiconductors, but it has recently expanded its product line to include farming illumination that offers full-spectrum crop solutions.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive Innovation in the Industry |
| 10 | Technology Trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in the US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on the point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End Use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in the past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in the past 12 months |
| 26 | M&A in the past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunities for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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