Product Code: ETC4454784 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 26 | |
The South Korea Horticulture Lighting Market is growing with the adoption of advanced lighting solutions for indoor and greenhouse farming. Horticulture lighting provides the necessary spectrum and intensity of light for optimal plant growth and yield. Market growth is driven by the expansion of urban agriculture, technological advancements in LED lighting, and the demand for sustainable and efficient farming practices.
The growing adoption of controlled environment agriculture (CEA) and vertical farming practices is driving growth in South Korea`s horticulture lighting market. LED grow lights and lighting systems optimize plant growth, crop yield, and energy efficiency in indoor farming facilities, greenhouses, and urban agriculture projects. Market drivers include agricultural innovations improving crop productivity and sustainability, advancements in LED technology enhancing lighting efficiency and spectrum control for plant growth stages, and urbanization trends promoting local food production and food security initiatives, driving market expansion across agriculture and technology sectors.
In South Korea, the horticulture lighting market faces challenges such as energy efficiency regulations and technological innovations in LED (Light Emitting Diode) grow lights. Market dynamics driven by urban farming and indoor cultivation trends influence demand for tailored lighting solutions in agriculture and floriculture. Moreover, competitive pricing and plant growth optimization impact market strategies and sustainable farming practices in the evolving horticulture lighting sector.
Government policies in South Korea support the horticulture lighting market by promoting sustainable agricultural practices and technological innovation. Regulations ensure the quality and efficiency of horticulture lighting systems, and the government provides financial incentives for farmers and businesses adopting advanced lighting solutions. Additionally, there are R&D funding initiatives to develop new lighting technologies that enhance plant growth and reduce energy consumption.
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 South Korea Horticulture Lighting Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Horticulture Lighting Market Revenues & Volume, 2021 & 2031F |
3.3 South Korea Horticulture Lighting Market - Industry Life Cycle |
3.4 South Korea Horticulture Lighting Market - Porter's Five Forces |
3.5 South Korea Horticulture Lighting Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 South Korea Horticulture Lighting Market Revenues & Volume Share, By Application , 2021 & 2031F |
3.7 South Korea Horticulture Lighting Market Revenues & Volume Share, By Offering, 2021 & 2031F |
3.8 South Korea Horticulture Lighting Market Revenues & Volume Share, By Lighting Type, 2021 & 2031F |
3.9 South Korea Horticulture Lighting Market Revenues & Volume Share, By Installation Type, 2021 & 2031F |
4 South Korea Horticulture Lighting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of indoor farming practices in South Korea |
4.2.2 Government initiatives promoting sustainable agriculture and horticulture |
4.2.3 Growing awareness about the benefits of horticulture lighting in enhancing crop yields and quality |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with horticulture lighting systems |
4.3.2 Lack of technical expertise and knowledge among farmers |
4.3.3 Limited availability of advanced horticulture lighting technologies in the market |
5 South Korea Horticulture Lighting Market Trends |
6 South Korea Horticulture Lighting Market, By Types |
6.1 South Korea Horticulture Lighting Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 South Korea Horticulture Lighting Market Revenues & Volume, By Technology, 2021-2031F |
6.1.3 South Korea Horticulture Lighting Market Revenues & Volume, By Fluorescent, 2021-2031F |
6.1.4 South Korea Horticulture Lighting Market Revenues & Volume, By HID, 2021-2031F |
6.1.5 South Korea Horticulture Lighting Market Revenues & Volume, By LED, 2021-2031F |
6.1.6 South Korea Horticulture Lighting Market Revenues & Volume, By Others, 2021-2031F |
6.2 South Korea Horticulture Lighting Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 South Korea Horticulture Lighting Market Revenues & Volume, By Greenhouses, 2021-2031F |
6.2.3 South Korea Horticulture Lighting Market Revenues & Volume, By Vertical Farms, 2021-2031F |
6.2.4 South Korea Horticulture Lighting Market Revenues & Volume, By Indoor Farms, 2021-2031F |
6.2.5 South Korea Horticulture Lighting Market Revenues & Volume, By Others, 2021-2031F |
6.3 South Korea Horticulture Lighting Market, By Offering |
6.3.1 Overview and Analysis |
6.3.2 South Korea Horticulture Lighting Market Revenues & Volume, By Hardware, 2021-2031F |
6.3.3 South Korea Horticulture Lighting Market Revenues & Volume, By Software and Services, 2021-2031F |
6.4 South Korea Horticulture Lighting Market, By Lighting Type |
6.4.1 Overview and Analysis |
6.4.2 South Korea Horticulture Lighting Market Revenues & Volume, By Toplighting, 2021-2031F |
6.4.3 South Korea Horticulture Lighting Market Revenues & Volume, By Interlighting, 2021-2031F |
6.4.4 South Korea Horticulture Lighting Market Revenues & Volume, By Cultivation, 2021-2031F |
6.4.5 South Korea Horticulture Lighting Market Revenues & Volume, By Fruits and Vegetables, 2021-2031F |
6.4.6 South Korea Horticulture Lighting Market Revenues & Volume, By Floriculture, 2021-2031F |
6.4.7 South Korea Horticulture Lighting Market Revenues & Volume, By Cannabis, 2021-2031F |
6.5 South Korea Horticulture Lighting Market, By Installation Type |
6.5.1 Overview and Analysis |
6.5.2 South Korea Horticulture Lighting Market Revenues & Volume, By New installations, 2021-2031F |
6.5.3 South Korea Horticulture Lighting Market Revenues & Volume, By Retrofit Installations, 2021-2031F |
7 South Korea Horticulture Lighting Market Import-Export Trade Statistics |
7.1 South Korea Horticulture Lighting Market Export to Major Countries |
7.2 South Korea Horticulture Lighting Market Imports from Major Countries |
8 South Korea Horticulture Lighting Market Key Performance Indicators |
8.1 Energy efficiency of horticulture lighting systems |
8.2 Adoption rate of horticulture lighting technology in South Korea |
8.3 Research and development investments in innovative horticulture lighting solutions |
8.4 Percentage of agricultural land utilizing horticulture lighting techniques |
8.5 Carbon footprint reduction achieved through horticulture lighting implementations |
9 South Korea Horticulture Lighting Market - Opportunity Assessment |
9.1 South Korea Horticulture Lighting Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 South Korea Horticulture Lighting Market Opportunity Assessment, By Application , 2021 & 2031F |
9.3 South Korea Horticulture Lighting Market Opportunity Assessment, By Offering, 2021 & 2031F |
9.4 South Korea Horticulture Lighting Market Opportunity Assessment, By Lighting Type, 2021 & 2031F |
9.5 South Korea Horticulture Lighting Market Opportunity Assessment, By Installation Type, 2021 & 2031F |
10 South Korea Horticulture Lighting Market - Competitive Landscape |
10.1 South Korea Horticulture Lighting Market Revenue Share, By Companies, 2024 |
10.2 South Korea Horticulture Lighting Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |