Asia Pacific Grow Light Market

Asia Pacific Grow Light Market Size

The Asia Pacific grow light market size was valued at USD 389.64 million in 2024 and is anticipated to reach USD 420.50 million in 2025 from USD 773.71 million by 2033, growing at a CAGR of 7.92% from 2024 to 2032.

The Asia Pacific grow light market is developing at an exceptionally quick pace. For plant growth stimulation growth light or artificial lights are used. Generally these lights are used where there is no sufficient amount of light present.

The amount of light that plants get is amplified by this artificial source of light. Grow Light either imitates the emission spectrum similar to that of the sun or according to the requirements of the plant. They are used for various purposes like food production, indoor gardening, horticulture, and plant propagation. Although grow lights are mostly used on an industrial scale, they can also be used for household purposes.

Market Drivers

The driving factors for industrial plants and grow lights show a growing interest in the capacity to develop locally and reliably, scarcity of space for cultivating, particularly in urban communities, and the need to build the yield per unit range without hurting nature. The opportunities in this market are fluctuating and can run from innovative technologies in grow lights, consolidated utilization of normal lighting with simulated lighting, building up a sun-adapted power-based plant manufacturing plant to building numerous level plant production lines, which would additionally diminish space necessity. Governments are similarly reassuring plant industrial facilities and grow lights for improving the generation.

SEGMENT ANALYSIS

Asia Pacific Grow Light Market By Technology

Traditional lighting technologies like HID and fluorescent lighting (FL) are quite popular. LED grow light is a new technology in horticultural lighting and is proving to be far more effective than other lighting technologies. Although LED grow lights are costly, their long-term advantages in terms of energy efficiency make them an ideal option.

COUNTRY ANALYSIS

Asia Pacific is geographically segmented into China, India, Japan, South Korea, Taiwan, Australia, and Southeast Asia. China and India are likely to increase the market because of huge population.

KEY MARKET PLAYERS

Royal Philips Electronics, OSRAM Licht AG, PAR source Lighting Solutions, Bridgelux, General Electric Company, Alta LED Corporation, Solarmax,Heliospectra, LumiFlow are the leaders in the Asia Pacific Grow Light market.

MARKET SEGMENTATION

This research report on the Asia Pacific grow light market is segmented and sub-segmented into the following categories.

By Technology

• HID lights
• fluorescent lights
• LEDs
• LEPs
• induction lights

By Type of Installation

• new installation
• retrofit installation

By Applications

• indoor farming
• vertical farming
• commercial greenhouses
• rooftop farming
• others

By Country

• India
• China
• Japan
• South Korea
• Australia
• New Zealand
• Thailand
• Malaysia
• Vietnam
• Philippines
• Indonesia
• Singapore
• Rest of APAC