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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
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.
The Yemen horticulture LED lighting market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
Signifyâs LED lighting helps GoodLeaf Farms increase food production.GoodLeaf Community Farms in Canada chose the lighting business Signify to install Philips Horticulture LED lighting on their brand-new, cutting-edge farm in order to boost food output, improve flavour, and boost nutritional content.
GoodLeaf produces and packs fresh, wholesome, pesticide-free micro and baby greens all year long as a branded producer. In Guelph, Ontario, the business runs a 4,000 square metre indoor vertical farm that is currently fully operational and supplies some of the biggest retail chains in Canada. McCain Foods is a strategic investor in GoodLeaf.
The indoor growth environment of the vertical farm is completely mechanised and furnished with cutting-edge LED lights. GoodLeaf may reduce manufacturing cycles owing to the energy-efficient Philips Greenpower LED production modules. It also enables GoodLeaf to produce all year round without having to worry about lighting, temperature, or pesticides, while also minimising waste because it provides a regulated environment.
In 400 projects, Signify has established a solid track record in the horticulture lighting business, finding methods to integrate lighting technology into crop farming. The business can custom-build a science-based solution for farmers by using cutting-edge LED advancements and giving data and plant knowledge to optimise yields.
This knowledge is developed through ongoing research at Signifies own vertical farming research facilities in Eindhoven, known as GrowWise Centre, as well as tight relationships with its horticulture partners. Plants may be raised indoors in a controlled setting without sunlight using a practice known as vertical farming, sometimes known as city farming.
This is perfect for producing stronger, pesticide-free harvests, full head crops, and young plant propagation. By lighting numerous layers of crops with LEDs, it maximises productivity and achieves a larger yield with a reduced environmental impact.
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 US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |