North America Greenhouse Grow Light Market

North America Greenhouse Grow Light Market Size

The North American greenhouse grow light market was valued at USD 1.63 billion in 2024 and is anticipated to reach USD 1.81 billion in 2025 from USD 4.24 billion by 2033, growing at a CAGR of 11.2% during the forecast period from 2025 to 2033.

Grow lights, particularly LEDs, are used in a huge range of farming-related applications owing to the advantages they offer, such as high low power consumption, reliability, and spectral intensity. A greenhouse is a house made of glass. It has glass walls and a glass roof. People grow tomatoes and flowers, and other plants in them. A greenhouse stays warm inside, even during winter. Sunlight shines in and warms the plants and air inside.

MARKET DRIVERS

The North American greenhouse grow light market is driven by the rise in the adoption of greenhouses, owing to rapid innovation in technology and rising disposable incomes of people willing to invest in farming. Technological innovations have further helped in lowering the costs of necessary Grow lights, which aid in increasing the feasibility of owning a greenhouse. The adoption of greenhouse technologies and encouragement from governments also act as drivers of market growth.

REPORT COVERAGE

COUNTRY ANALYSIS

The North American market has been geographically segmented into the US and Canada. The North American region held the second major stake in the aggregate income of the North American greenhouse Grow Light market in 2016 because of noteworthy growth in demand brought about by established distribution channels and supportive governmental policies.

KEY MARKET PLAYERS

The major players operating in the North America Greenhouse Grow Light industry include Royal Philips, General Electric Company, Osram Licht AG, Gavita Holland B.V., Lumigrow Inc., Heliospectra AB., Iwasaki Electric Co., Ltd., Illumitex Inc., Hortilux Schreder B.V., and Sunlight Supply Inc. are the market players that dominate the North America greenhouse grow light market.

MARKET SEGMENTATION

This research report on the North American greenhouse grow light market is segmented and sub-segmented into the following categories.

By Spectrum

• partial spectrum
• full spectrum

By Installation

• new installations
• retrofit

By Technology

• high-intensity discharge
• fluorescent lighting
• LED
• others

By Application

• indoor farming
• vertical farming
• commercial greenhouse
• TURF and landscaping
• research
• applications

By Country

• The USA
• Canada
• Mexico
• Rest of North America