Charts & StatsSep 2, 2026

Global Horticulture Lighting market [2018-2024] Middle East and Africa by Application

By Application, the market is segmented into Greenhouse, Indoor Farming, Vertical Farming, and Application_Others (2018-2024)

Author: Wantstats Research TeamSource: Wantstats Repository

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Global Horticulture Lighting market [2018-2024] Middle East and Africa by Application — full underlying data
Label	Greenhouse	Indoor Farming	Vertical Farming	Application_Others
2018	131.9 USD Mn	98.6 USD Mn	75.8 USD Mn	21.0 USD Mn
2019	153.4 USD Mn	115.2 USD Mn	89.0 USD Mn	24.4 USD Mn
2020	178.7 USD Mn	134.7 USD Mn	104.6 USD Mn	28.3 USD Mn
2021	208.6 USD Mn	158.0 USD Mn	123.3 USD Mn	32.9 USD Mn
2022	244.2 USD Mn	185.8 USD Mn	145.8 USD Mn	38.5 USD Mn
2023	287.0 USD Mn	219.4 USD Mn	173.1 USD Mn	45.1 USD Mn
2024	339.1 USD Mn	260.4 USD Mn	206.6 USD Mn	53.2 USD Mn

Data Source: Wantstats Repository

Market Dynamics

greenhouse segment accounted for the largest market share in 2018, this market is expected to reach USD 339.10 Million in 2024 from USD 131.90 Million in 2018. This market is projected to grow at a CAGR of 17.19% during the forecast period from 2019 - 2024. However, vertical farming segment is the fastest growing market, which is expected to grow at a CAGR of 18.34% during the forecast period 2019 - 2024.

Research Methodology

Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.

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I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.

Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.

Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.

Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.

Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.

Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.

Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Global Horticulture Lighting market [2018-2024] Middle East and Africa by Application

Middle East and Africa Horticulture Lighting Market By Application Forecast (2018-2024)

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