Horticulture Lighting Market

Horticulture Lighting Companies - SIGNIFY HOLDING (PHILIPS LIGHTING) and GAVITA INTERNATIONAL B.V are the Key Players

The horticulture lighting market is expected to reach USD 10.4 billion by 2028 from USD 3.7 billion in 2023, at a CAGR of 22.4% during the 2023–2028 period. The major players in the horticulture lighting market with a significant global presence include Signify Holding (Phillips Lighting) (Netherlands), Gavita International B.V.(Netherlands), Heliospectra(Sweden), ams-OSRAM International GmbH(Austria), California LightWorks(US), Valoya (Finland), Hortilux Schréder(Netherlands), ILUMINAR Lighting(US), Current Lighting Solutions, LLC.(US), GE Lighting (SAVANT TECHNOLOGIES LLC.)(US), ACUITY BRANDS, INC.(US), Lumileds Holding B.V.(Netherlands), Cree LED an SGH company(US), TCP Lighting(US), PARsource(US), EconoLux Industries Ltd.(China), Oreon (Netherlands), GlacialLight – Division of GlacialTech Inc.(Taiwan), Black Dog Horticulture Technologies & Consulting(US), ViparSpectra(US), Active Grow(US), Agnetix(US), Thrive Agritech(US), Bridgelux, Inc.(US), and Kroptek(UK).


Signify Holding (Phillips Lighting) is a global provider of lighting solutions, with headquarters in Eindhoven, Netherlands. In 2018, Philips Lighting changed its name to Signify. Signify Holding (Phillips Lighting) manufactures electric lights and light fixtures for domestic consumers and professionals and the Internet of Things (IoT). Signify Holding (Phillips Lighting) is currently present in over 70 countries worldwide. They are a prominent player in the lighting industry, offering a wide range of products and services, including conventional lighting, LED lighting, connected lighting systems, and smart lighting solutions.

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The company has a vertically integrated supply chain because it is both a supplier of LED components and a manufacturer of LED grow lights. Signify Holding (Phillips Lighting) has a robust presence across major parts of the world, with many distributions and sales channels located in different regions. The company accounts for a significant share of the global horticulture lighting market and has a strong customer base in Europe, North America, and Asia Pacific.

Signify Holding (Phillips Lighting) has 3 major business segments such as digital solutions, digital products, and conventional products. Where digital solutions are our relevant business segment. Digital solutions offer systems and services which are used in multiple market segments, including offices, commercial buildings, shops, hospitality venues, industry, agriculture, and outdoor environments, including smart cities.

The Digital Solutions division is committed to reinforcing its position as a global player in professional lighting by continuously innovating its LED product portfolio, achieving success in connected lighting ventures, and capitalizing on opportunities in industries like agriculture, solar, and 3D printing. Simultaneously, Digital Solutions capitalizes on its extensive scale to drive down production costs, enhancing competitiveness and profitability in the market.


Gavita International B.V. is a global company specializing in high-quality horticultural lighting systems and fixtures designed to optimize plant growth and yield. They are known for providing cutting-edge lighting solutions for indoor farms, greenhouses, vertical farms, and other controlled agricultural environments.

Gavita International B.V. offers a wide range of horticultural lighting products. Gavita International B.V. is a specialized horticulture lighting company active globally, with projects ranging from single fixtures to large greenhouses with more than 100,000 fixtures serving serves customers worldwide, providing horticultural lighting solutions to professional growers, commercial farms, research institutions, and hobbyists. They have established a strong presence in the horticultural lighting industry and have a widespread network of distributors and retailers. The world’s horticulture areas of Gavita International B.V. are served from Netherlands, Canada, Russia, Ukraine, and Norway. Majorly the company have its geographical presence in Europe, North America, Russia, and Ukraine.


Heliospectra is a global provider of intelligent lighting systems with a strong focus on the North American and European markets. Their solutions enable seamless control via web or mobile interfaces, allowing easy integration with third-party systems. With a robust portfolio of products tailored to legal marijuana, medical plants, and cannabis segments, the company has successfully created demand in these specialized markets. However, their limited sales and distribution network and reliance on third-party manufacturing and integration may pose challenges as the horticulture lighting industry evolves with more vertically integrated competitors. Despite this, Heliospectra remains committed to innovation, exploring new partnerships, joint ventures, and mergers and acquisitions to expand its reach in other regions like Asia Pacific, the Middle East, Africa, and South America. By continually developing forward-thinking horticulture solutions like the Internet of Plants, which integrates sensors, LED grow lights, software, and data, the company strives to enhance its financial performance and maintain its position as a leading player in the market.


ams-OSRAM International GmbH is a global leader in optical solutions, specializing in semiconductor-based products and solutions. The company designs and manufactures sensors, sensor ICs, interfaces, and related software for mobile, consumer, communications, industrial, medical, and automotive markets. The company offers a unique product and technology portfolio for sensing, illumination, and visualization, from prime-quality light emitters and optical components to sensors and sensing systems.

ams-OSRAM International GmbH was founded in August 1981 through a joint venture between American Microsystems Inc. (AMI) and VOEST Alpine AG. The company was originally called Austria Mikro Systeme International Gesellschaft m.b.H. In 2020, ams AG acquired the German lighting, LED, and opto-semiconductor manufacturer OSRAM, and since then, the company has operated under the name ams OSRAM

The company operates in two main business segments: semiconductors and lamps & systems. The “Semiconductors” segment focuses on semiconductor-based products and solutions such as high-performance LEDs, lasers, and optical sensors for customers in the automotive, consumer, and industrial end markets. The “Lamps & Systems” segment focuses on traditional lamps and lighting systems with a focus on the automotive, industrial, and medical end markets. Whereas Lamps & Systems is our relevant business segments. 

The company has completed the planned portfolio re-alignment following the acquisition of OSRAM and has divested businesses outside of its strategic focus. ams-OSRAM has a co-headquarters in Munich, Germany, and is headquartered in Austria.


California LightWorks is a leading company engaged in research, design, development, and production of energy-efficient greenhouse and indoor horticulture lighting, including LED grow lights and automation equipment. All of our premium products are exclusively manufactured in our state-of-the-art facility located in Southern California. Our company provides optimal lighting solutions suitable for both small-scale home growers and large-scale indoor and greenhouse applications.

In 2008, we made a strategic entry into the growing lights industry with our pioneering product, StealthLED, for which we hold proprietary patents. The success of our offerings has been bolstered by collaboration with numerous local indoor growing lights experts, leading to the development of high-power designs such as the SolarSystem and SolarXtreme LED grow lights lines. The company majorly operates from US.

Related Reports:

Horticulture Lighting Market by Installation type (New Installations, Retrofit Installations), Lighting Type (Toplighting, Interlighting), Offering (Hardware, Software & Service), Cultivation Type, Technology, Application, Region - Global Forecast to 2028

Mr. Aashish Mehra
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Horticulture Lighting Market Size,  Share & Growth Report
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