Global Led Farming Market

Top 23 Companies in Global Led Farming Market 2025: Strategic Overview and Future Trends (2024–2035)

RELEASE DATE: Mar 2026 Author: Spherical Insights
According to a research report published by Spherical Insights & Consulting, The Global Led Farming Market Size is projected to Grow from USD 5.8 Billion in 2024 to USD 20.71 Billion by 2035, at a CAGR of 12.27% during the forecast period 2025–2035

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Introduction

The LED farming refers to the deployment of energy-efficient light-emitting diodes engineered to deliver precise spectral outputs red, blue, and far-red that optimize photosynthesis, crop yield, and nutritional quality while minimizing heat and power consumption. The key applications include rapidly expanding vertical farming systems in urban settings, commercial greenhouses for year-round production stability, fully controlled indoor container farming for high-value crops, and specialized turf and landscaping uses, collectively driving efficiency and productivity. The LED farming market has been witnessing innovations in terms of AI-integrated and IoT-enabled lighting systems, which can adapt to different crop management needs through data-driven approaches, as well as precision tuning in terms of light spectra, also known as light recipes. The future opportunities in the market are based on Lighting as a Service, integration with automation, growth in emerging markets, and the need to cultivate high-value niche crops like medicinal plants.

In New Delhi India’s Rashtriya Krishi Vikas Yojana (RKVY-RAFTAAR) offers grants up to ₹25 lakh for agri-tech startups, indirectly accelerating adoption of controlled-environment agriculture technologies, thereby supporting innovation and growth in the global LED farming market.

 

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The insights presented in this blog are derived from comprehensive market research conducted by Spherical Insights LLP, a trusted advisory partner to leading global enterprises. Backed by in-depth data analysis, expert forecasting, and industry-specific intelligence, our reports empower decision-makers to identify strategic growth opportunities in fast-evolving sectors. Clients seeking detailed market segmentation, competitive landscapes, regional outlooks, and future investment trends will find immense value in the full report. By leveraging our research, businesses can make informed decisions, gain a competitive edge, and stay ahead in the transition toward sustainable and profitable solutions.

 

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Led Farming Market Size & Statistics

  • The Market Size for Led Farming Market Was Estimated to be worth USD 5.8 billion in 2024.
  • The Market Size is Going to Expand at a CAGR of 12.27% between 2025 and 2035.
  • The Global Led Farming Market Size is anticipated to reach USD 20.71 billion by 2035.
  • North America is estimated to generate the highest demand during the forecast period in the Global Led Farming Market.
  • Asia Pacific is projected to grow the fastest during the forecast period in The Global Led Farming Market.

Global Led Farming Market

Market Segmentation

Global Led Farming Market Size, Share, By Wavelength (Blue Wavelength, Red Wavelength, Far Red Wavelength, Others), By Application (Vertical Farming, Indoor Farming, Commercial Greenhouse, Turf and Landscaping, Others), By Crop Type (Fruits And Vegetables, Herbs And Microgreens, Flowers And Ornamentals, Others), And By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 - 2035

 

Region al growth and demand

Asia‑Pacific is expected to grow the fastest during the forecast period in the Led Farming Market. It is caused by rapid urbanization, rising population pressure, and shrinking arable land in countries such as China and India. Increasing investments in controlled environment agriculture, strong government support for smart farming, and growing adoption of energy-efficient LED technologies are accelerating indoor and vertical farming practices, thereby significantly boosting regional market expansion and long-term demand.

 

North America is anticipated to generate the highest demand during the forecast period in the Led Farming Market.  It is influenced by the advanced technological infrastructure and strong adoption of controlled environment agriculture in the United States and Canada. High investments in vertical farming, increasing focus on sustainable food production, declining arable land, and early adoption of energy-efficient LED solutions are accelerating large-scale deployment, ensuring sustained demand and market dominance across the region.

 

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Top 10 trends in the Led Farming Market

  • Rising Adoption of Vertical Farming
  • Growing Demand for Sustainable Agriculture
  • Technological Advancements in LED Lighting
  • Expansion of Indoor and Controlled Environment Farming
  • Government Support and Subsidies
  • Increasing Investment in Agri-Tech Startups
  • Integration of IoT and Smart Farming Technologies
  • Demand for High-Quality and Organic Produce
  • Declining Costs of LED Technology
  • Growth in Urbanization and Food Security Concerns
     
  1. Rising Adoption of Vertical Farming
    The LED lighting solutions are in high demand due to the growing trend of vertical farming. Global adoption of controlled environment agriculture technology is being accelerated by space-efficient urban cultivation and increased yield per square meter.
     
  2. Growing Demand for Sustainable Agriculture
    The energy-efficient LED lighting is becoming more popular in farming due to concerns about sustainability. By lowering water use, carbon emissions, and reliance on pesticides, these systems enable long-term growth in environmentally friendly farming methods and are in line with global environmental goals.
     
  3. Technological Advancements in LED Lighting
    The crop productivity is being increased by ongoing innovation in energy efficiency and LED spectrum optimization. Precise control of plant growth cycles is made possible by advanced lighting systems, which boost market competitiveness by lowering operating costs and boosting output quality.
     
  4. Expansion of Indoor and Controlled Environment Farming
    The LED lighting is becoming more and more necessary as indoor agricultural and greenhouse growth grow. The demand for sophisticated lighting systems is increased because controlled settings enable year-round production, reducing weather-related risks and guaranteeing consistent crop output.
     
  5. Government Support and Subsidies
    Through financial initiatives and subsidies, governments all over the world are encouraging smart agriculture. Initiatives in nations like Singapore and Canada are boosting market expansion and hastening the implementation of LED-based farming solutions.

 

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Top 20 Companies Leading the Led Farming Market

  1. Signify
  2. ams-OSRAM AG
  3. Heliospectra AB
  4. Gavita International B.V.
  5. Hortilux Schréder
  6. Sollum Technologies
  7. Valoya
  8. Everlight Electronics
  9. RECOM Power GmbH
  10. Savant Systems
  11. Hubbell Incorporated
  12. Indutrade
  13. Illumitex
  14. Hydrofarm Holdings Group
  15. Ledvance GmbH
  16. AeroFarms
  17. Freight Farms
  18. Plenty Unlimited
  19. Sky Greens
  20. Urban Crop Solutions

 

1. Signify

Headquarters: Eindhoven, Netherlands

The Signify, company was established in 2016 and employing over 35,000 people worldwide, has estimated revenues of around USD 7.5 billion in 2025. Signify offers innovative LED horticulture lighting products under the Philips brand, allowing for energy-efficient crop cultivation and increased crop yields, thus further reinforcing the company’s position in the global LED farming market.

 

2. ams-OSRAM AG

Headquarters: Munich, Germany

The ams-OSRAM AG is a company established in 1981 with approximately 19,000 employees worldwide. It has estimated revenues of around 3.7 billion USD in 2025. ams-OSRAM AG offers cutting-edge LED and sensor-based horticulture lighting products that improve energy efficiency and optimization in the field of horticulture, thus enhancing their position in the global market of LED farming.

 

3. Heliospectra AB

Headquarters: Gothenburg, Sweden

The Heliospectra AB, was founded in 2005, has a specialized workforce across the globe. The company has achieved an estimated revenue of approximately USD 2.9 million in 2025. Heliospectra provides intelligent LED lighting solutions such as MITRA and ELIXIA, which ensure precise crop growth, efficiency, and cultivation, thus further strengthening its niche in the global LED farming market.

 

4. Gavita International B.V.

Headquarters: Rozenburg, Netherlands

The Gavita International B.V. is a company founded in 2006. The company has approximately 501-1,000 employees worldwide. The company is a leader in horticultural lighting solutions. The company’s revenue for 2025 is not specified, but it is part of the growing global LED farming market. The market is growing at double-digit rates. The company provides HID and advanced LED grow lights for controlled environment agriculture. The products improve crop yield efficiency and optimize energy.

 

5. Hortilux Schréder

Headquarters: Hague, Netherlands

The Hortilux Schréder B.V. is a company founded in 1995. It has around 11 to 50 employees, which is suitable for a specific industry. Although no specific information is given about its revenue in 2025, it is estimated that it has a relatively low revenue base. Its products include advanced LED grow lights, inter-lighting solutions, and high-output lights that enhance photosynthesis for increased productivity in the global LED farming industry.

 

Are you ready to discover more about the Led Farming Market?

The report provides an in-depth analysis of the leading companies operating in the global Led Farming Market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:

 

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Company Profiles

  1. Signify
  • Business Overview
  • Company Snapshot
  • Products Overview
  • Company Market Share Analysis
  • Company Coverage Portfolio
  • Financial Analysis
  • Recent Developments
  • Merger and Acquisitions
  • SWOT Analysis
  1. ams-OSRAM AG
  2. Heliospectra AB
  3. Gavita International B.V.
  4. Hortilux Schréder
  5. Sollum Technologies
  6. Valoya
  7. Everlight Electronics
  8. RECOM Power GmbH
  9. Others.

 

Conclusion

The global LED farming market has tremendous growth prospects and is expected to expand at a robust rate, growing from a market size of 5.8 billion in 2024 to reach a market size of 20.71 billion by the end of 2035, growing at a CAGR of 12.27%. This growth pattern has been fueled by the increasing demand for efficient agricultural products, the increasing rate of adoption of vertical and indoor farming, and the increasing rate of development in spectral optimization technology. Strong government initiatives, including the Rashtriya Krishi Vikas Yojana (RKVY-RAFTAAR) and infrastructure financing schemes, are also boosting the growth of the market. In the worldwide LED farming market, the demand in the North American region is the highest, followed by the Asia-Pacific region, which has the highest growth rate. Major companies in the market include Signify and ams-OSRAM AG, and the overall market has tremendous growth prospects.

 

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About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.  

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