Product Code: ETC4454788 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Singapore horticulture lighting market is experiencing significant growth as indoor and greenhouse farming gain traction. Horticulture lighting solutions, including LEDs optimized for plant growth, are being adopted to enhance crop yields, quality, and energy efficiency. With the country`s limited arable land and the increasing need for sustainable agriculture, horticulture lighting plays a vital role in supporting local food production. The market is marked by research and development efforts to create lighting solutions that mimic natural sunlight to optimize plant growth.
The Horticulture Lighting market in Singapore is driven by the increasing adoption of controlled environment agriculture and indoor farming. Horticulture lighting solutions, typically using LEDs, enable the optimization of plant growth by providing tailored light spectrums. With the need for year-round crop production and sustainable agriculture practices, horticulture lighting plays a crucial role. The demand for fresh, locally grown produce and the potential for increased crop yields drive the growth of this market.
The Singapore Horticulture Lighting Market confronts challenges related to meeting the specific light spectrum requirements of different plant species. Different crops demand varying light spectrums, intensities, and photoperiods. Developing horticulture lighting solutions that optimize plant growth while minimizing energy consumption and heat generation is a continuous challenge. Additionally, addressing the demand for sustainable and energy-efficient solutions is a priority for market players.
The Singapore horticulture lighting market, although showing promising growth potential, was not immune to the disruptions caused by the COVID-19 pandemic. As the horticulture industry faced workforce shortages and logistical challenges due to restrictions, the adoption of horticulture lighting solutions was hindered. Farmers and cultivators faced uncertainties, leading to delays in investments. However, the need for locally sourced and sustainable produce has gained momentum during the pandemic, indicating a potential post-pandemic resurgence in the horticulture lighting market.
In the Singapore Horticulture Lighting market, major players like Signify (formerly Philips Lighting), OSRAM GmbH, and Fluence by OSRAM have been influential in the development of horticulture lighting solutions. Signify (formerly Philips Lighting) offers horticulture lighting systems for indoor farming and greenhouse applications. OSRAM GmbH provides innovative horticulture lighting products, supporting plant growth and cultivation. Fluence by OSRAM specializes in advanced horticulture lighting solutions, offering customizable spectrums and control for optimal plant development. These companies have played a pivotal role in the growth of horticulture lighting in Singapore, providing solutions for year-round crop production and research.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Singapore Horticulture Lighting Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Horticulture Lighting Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Horticulture Lighting Market - Industry Life Cycle |
3.4 Singapore Horticulture Lighting Market - Porter's Five Forces |
3.5 Singapore Horticulture Lighting Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Singapore Horticulture Lighting Market Revenues & Volume Share, By Application , 2021 & 2031F |
3.7 Singapore Horticulture Lighting Market Revenues & Volume Share, By Offering, 2021 & 2031F |
3.8 Singapore Horticulture Lighting Market Revenues & Volume Share, By Lighting Type, 2021 & 2031F |
3.9 Singapore Horticulture Lighting Market Revenues & Volume Share, By Installation Type, 2021 & 2031F |
4 Singapore Horticulture Lighting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Horticulture Lighting Market Trends |
6 Singapore Horticulture Lighting Market, By Types |
6.1 Singapore Horticulture Lighting Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Singapore Horticulture Lighting Market Revenues & Volume, By Technology, 2021-2031F |
6.1.3 Singapore Horticulture Lighting Market Revenues & Volume, By Fluorescent, 2021-2031F |
6.1.4 Singapore Horticulture Lighting Market Revenues & Volume, By HID, 2021-2031F |
6.1.5 Singapore Horticulture Lighting Market Revenues & Volume, By LED, 2021-2031F |
6.1.6 Singapore Horticulture Lighting Market Revenues & Volume, By Others, 2021-2031F |
6.2 Singapore Horticulture Lighting Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Singapore Horticulture Lighting Market Revenues & Volume, By Greenhouses, 2021-2031F |
6.2.3 Singapore Horticulture Lighting Market Revenues & Volume, By Vertical Farms, 2021-2031F |
6.2.4 Singapore Horticulture Lighting Market Revenues & Volume, By Indoor Farms, 2021-2031F |
6.2.5 Singapore Horticulture Lighting Market Revenues & Volume, By Others, 2021-2031F |
6.3 Singapore Horticulture Lighting Market, By Offering |
6.3.1 Overview and Analysis |
6.3.2 Singapore Horticulture Lighting Market Revenues & Volume, By Hardware, 2021-2031F |
6.3.3 Singapore Horticulture Lighting Market Revenues & Volume, By Software and Services, 2021-2031F |
6.4 Singapore Horticulture Lighting Market, By Lighting Type |
6.4.1 Overview and Analysis |
6.4.2 Singapore Horticulture Lighting Market Revenues & Volume, By Toplighting, 2021-2031F |
6.4.3 Singapore Horticulture Lighting Market Revenues & Volume, By Interlighting, 2021-2031F |
6.4.4 Singapore Horticulture Lighting Market Revenues & Volume, By By Cultivation, 2021-2031F |
6.4.5 Singapore Horticulture Lighting Market Revenues & Volume, By Fruits and Vegetables, 2021-2031F |
6.4.6 Singapore Horticulture Lighting Market Revenues & Volume, By Floriculture, 2021-2031F |
6.4.7 Singapore Horticulture Lighting Market Revenues & Volume, By Cannabis, 2021-2031F |
6.5 Singapore Horticulture Lighting Market, By Installation Type |
6.5.1 Overview and Analysis |
6.5.2 Singapore Horticulture Lighting Market Revenues & Volume, By New installations, 2021-2031F |
6.5.3 Singapore Horticulture Lighting Market Revenues & Volume, By Retrofit Installations, 2021-2031F |
7 Singapore Horticulture Lighting Market Import-Export Trade Statistics |
7.1 Singapore Horticulture Lighting Market Export to Major Countries |
7.2 Singapore Horticulture Lighting Market Imports from Major Countries |
8 Singapore Horticulture Lighting Market Key Performance Indicators |
9 Singapore Horticulture Lighting Market - Opportunity Assessment |
9.1 Singapore Horticulture Lighting Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Singapore Horticulture Lighting Market Opportunity Assessment, By Application , 2021 & 2031F |
9.3 Singapore Horticulture Lighting Market Opportunity Assessment, By Offering, 2021 & 2031F |
9.4 Singapore Horticulture Lighting Market Opportunity Assessment, By Lighting Type, 2021 & 2031F |
9.5 Singapore Horticulture Lighting Market Opportunity Assessment, By Installation Type, 2021 & 2031F |
10 Singapore Horticulture Lighting Market - Competitive Landscape |
10.1 Singapore Horticulture Lighting Market Revenue Share, By Companies, 2024 |
10.2 Singapore Horticulture Lighting Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |