Grow Lights Market - Top Companies and Manufacturers

Top Featured Companies Dominating the Grow Lights Landscape

Gavita International B.V.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis

Smart Global Holdings, Inc.
EVERLIGHT ELECTRONICS CO., LTD
Savant Systems, Inc
Bridgelux, Inc.
OSRAM GmbH
Heliospectra AB
Black Dog LED
WOLFSPEED, INC.
Samsung Electronics

Browse Key Market Insights with Data Illustration:

Grow Lights Market Size & Share, Forecast Report 2037

In the News

Heliospectra AB announced the expansion of intelligent LED lighting solutions in order to include ELIXIA 600W high-voltage fully adjustable spectrum light for indoor or greenhouse horticulture applications.
OSRAM GmbH announced the launch of its Phytofy RL, a grow light system for horticulture research. It was developed to meet the various demand of researchers at private institutes, universities, and plant production in vertical farms.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of grow lights is assessed at USD 3.37 billion.

The grow lights market size was over USD 2.87 billion in 2024 and is poised to reach USD 34.85 billion by the end of 2037, growing at around 21.4% CAGR during the forecast period i.e., between 2025-2037. The market growth is driven by increasing demand for energy-efficient lighting solutions, the rising demand for horticultural lighting, and the growing awareness about the ecological benefits of using LED grow lights.

European industry is predicted to be the largest with a share of 28% by 2037, led by increasing awareness of alternative farming owing to non-availability of enough fertile agricultural land in the region.

The major players in the market include Gavita International B.V., Smart Global Holdings, Inc., EVERLIGHT ELECTRONICS CO., LTD, Savant Systems, Inc, Bridgelux, Inc., OSRAM GmbH, Heliospectra AB, Black Dog LED, WOLFSPEED, INC., Samsung Electronics.

Grow Lights Market - Top Companies and Manufacturers

Top Featured Companies Dominating the Grow Lights Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How much is the grow lights market worth?

Why is the demand for grow lights growing?

Which region dominated the majority of grow lights industry share?

Who are the top grow lights companies?