US Grow Light Market Summary
The US Grow Light Industry is projected to experience substantial growth, reaching 6500 USD Million by 2035.
Key Market Trends & Highlights
US Grow Light Industry Key Trends and Highlights
- The market valuation for the US Grow Light Industry is estimated at 2500 USD Million in 2024.
- From 2025 to 2035, the industry is expected to grow at a compound annual growth rate of 9.07%.
- By 2035, the market is anticipated to expand to 6500 USD Million, indicating robust demand.
- Growing adoption of advanced horticultural lighting technologies due to increased interest in indoor farming is a major market driver.
Market Size & Forecast
2024 Market Size | 2500 (USD Million) |
2035 Market Size | 6500 (USD Million) |
CAGR (2025 - 2035) | 9.07% |
Major Players
Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Meta Platforms Inc (US), Tesla Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)