South Korea Grow Light Market Size & Outlook, 2026-2033
Related Markets
South Korea grow light market highlights
- The South Korea grow light market generated a revenue of USD 198.9 million in 2025 and is expected to reach USD 825.8 million by 2033.
- The South Korea market is expected to grow at a CAGR of 19.7% from 2026 to 2033.
- In terms of segment, commercial greenhouse was the largest revenue generating application in 2025.
- ApplicationVertical Farming is the most lucrative application segment registering the fastest growth during the forecast period.
Grow light market data book summary
| Market revenue in 2025 | USD 198.9 million |
| Market revenue in 2033 | USD 825.8 million |
| Growth rate | 19.7% (CAGR from 2026 to 2033) |
| Largest segment | Commercial greenhouse |
| Fastest growing segment | ApplicationVertical Farming |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Indoor Farming, ApplicationVertical Farming, Commercial Greenhouse |
| Key market players worldwide | AeroFarms, Everlight Electronics, Illumitex, LumiGrow, OSRAM Licht AG, Heliospectra, Gavita, Hortilux Schréder |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.8% of the global grow light market in 2025.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China grow light market is projected to lead the regional market in terms of revenue in 2033.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,121.3 million by 2033.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Grow Light Market Scope
Grow Light Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hortilux Schréder | View profile | 11-50 | Monster, Zuid-Holland, The Netherlands, Europe | https://www.hortilux.com/ |
| Gavita | View profile | 51-100 | Rozenburg, Noord-Holland, The Netherlands, Europe | https://www.gavita.com |
| Heliospectra | View profile | 11-50 | Gothenburg, Vastra Gotaland, Sweden, Europe | http://www.heliospectra.com |
| AeroFarms | View profile | 101-250 | Newark, New Jersey, United States, North America | http://www.aerofarms.com |
| LumiGrow | View profile | 11-50 | Emeryville, California, United States, North America | http://www.lumigrow.com |
| Illumitex | View profile | 51-100 | Austin, Texas, United States, North America | https://www.illumitex.com |
| Everlight Electronics | View profile | 1001-5000 | Taipei, T'ai-pei, Taiwan, Asia | http://www.everlight.com/ |
| OSRAM Licht AG | View profile | 20378 | Tobelbader Strasse 30, Premstaetten, Graz, Austria, 8141 | https://www.ams-osram.com |
South Korea grow light market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to grow light market will help companies and investors design strategic landscapes.
Commercial greenhouse was the largest segment with a revenue share of 48.37% in 2025. Horizon Databook has segmented the South Korea grow light market based on indoor farming, applicationvertical farming, commercial greenhouse covering the revenue growth of each sub-segment from 2021 to 2033.
Reasons to subscribe to South Korea grow light market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Korea grow light market databook
-
Our clientele includes a mix of grow light market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea grow light market , including forecasts for subscribers. This country databook contains high-level insights into South Korea grow light market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea grow light market size, by application, 2021-2033 (US$M)
South Korea Grow Light Market Outlook Share, 2025 & 2033 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
