2026 Global: Cannabis Lights Market -Competitive Review (2032) report
Description
The 2026 Global: Cannabis Lights Market -Competitive Review (2031) report features the global market size and projected growth/decline data for the period 2021 through 2032. The report primarily provides an examination of the business strategies for the ten largest global companies in the market and how their strategies differ.
Perry/Hope Partners' reports provide the most accurate industry forecasts based on our proprietary economic models. Our forecasts project the product market size nationally and by regions for 2021 to 2032 using regression analysis in our modeling. and Perry/Hope is the only market research publisher that utilizes both longitudinal (historical) and vertical (from market section to market division to market class) analysis, since we study every manufactured product in the countries we analyze. The report also provides written analysis on the market definition, market segments, and SWOT analysis (market strengths, weaknesses, opportunities, and threats).
The market study aims at estimating the market size and the growth potential of this market. Topics analyzed within the report include a detailed breakdown of the global markets for cannabis lights market by geography and historical trend. The scope of the report extends to sizing of the cannabis lights market market and global market trends with market data for 2024 as the base year, 2025 and 2026 as the estimate years with projection of CAGR from 2027 to 2032.
The report also features a list of the top ten largest global players in the market. A review of each company includes 1) an estimate of the market share, 2) a listing of the products and/or services in the market, and 3) the features of these products and/or services in the market. The report has a chapter on Comparative Business Strategies for the largest four players. An example of the Comparative Business Strategies analysis would be -- How does Netflix's business strategy to expand its market share in the global online streaming compare to Amazon Prime's business strategy through its video products and services?
The ten market players in this report and a brief synopsis of their participation in the market are:
Fluence (part of Signify) is a leading supplier of energy‑efficient LED fixtures and dynamic lighting systems tailored for commercial cannabis cultivation, known for high‑efficacy consumables and research partnerships that support spectrum tuning and controls for optimized flower quality and energy savings. Fluence has sponsored industry benchmarking reports documenting LED adoption growth in cannabis cultivation and emphasizes controllable, tunable solutions for both greenhouse and indoor environments, making it a go‑to brand for large operations seeking precision lighting and analytics integration.
Gavita (a Netherlands‑based brand owned by OSRAM/Signify historically), Illumitex, LumiGrow, Valoya, and P.L. Light Systems are established horticultural lighting companies that together represent core hardware and spectrum‑engineering expertise in the cannabis lights market; Gavita and OSRAM bring robust high‑output fixtures and decades of horticulture lamp design, Illumitex and LumiGrow develop LED fixtures and integrated digital controls for indoor and vertical farms, Valoya focuses on research‑driven spectra for commercial growers, and P.L. Light Systems supplies fixtures and retrofit solutions for controlled environment agriculture—each company is cited repeatedly in market analyses as major players shaping the shift from legacy HID to LED systems.
Urban‑gro (Hawthorne/Scotts Miracle‑Gro legacy spinouts and industry service groups included), Fluence’s competitors such as Fluence‑branded offerings, Hydrofarm distribution partners, and a cohort of specialist brands including Horticulture Lighting Group (HLG), Fluence’s market peers, and regional vendors like Boulderlamp and TSRgrow round out the top ten landscape by market influence, channel reach, and product differentiation; these firms compete on fixture efficacy, spectral tunability, controls integration, and service networks while responding to regulatory drivers (e.g., bans on certain lamp types) and grower priorities such as energy efficiency, crop quality, and lighting‑control interoperability. Industry reports and vendor lists show LEDs dominate new installs, retrofit activity, and R&D focus, with vendors that bundle analytics and compliance support gaining competitive advantage.
Perry/Hope Partners' reports provide the most accurate industry forecasts based on our proprietary economic models. Our forecasts project the product market size nationally and by regions for 2021 to 2032 using regression analysis in our modeling. and Perry/Hope is the only market research publisher that utilizes both longitudinal (historical) and vertical (from market section to market division to market class) analysis, since we study every manufactured product in the countries we analyze. The report also provides written analysis on the market definition, market segments, and SWOT analysis (market strengths, weaknesses, opportunities, and threats).
The market study aims at estimating the market size and the growth potential of this market. Topics analyzed within the report include a detailed breakdown of the global markets for cannabis lights market by geography and historical trend. The scope of the report extends to sizing of the cannabis lights market market and global market trends with market data for 2024 as the base year, 2025 and 2026 as the estimate years with projection of CAGR from 2027 to 2032.
The report also features a list of the top ten largest global players in the market. A review of each company includes 1) an estimate of the market share, 2) a listing of the products and/or services in the market, and 3) the features of these products and/or services in the market. The report has a chapter on Comparative Business Strategies for the largest four players. An example of the Comparative Business Strategies analysis would be -- How does Netflix's business strategy to expand its market share in the global online streaming compare to Amazon Prime's business strategy through its video products and services?
The ten market players in this report and a brief synopsis of their participation in the market are:
Fluence (part of Signify) is a leading supplier of energy‑efficient LED fixtures and dynamic lighting systems tailored for commercial cannabis cultivation, known for high‑efficacy consumables and research partnerships that support spectrum tuning and controls for optimized flower quality and energy savings. Fluence has sponsored industry benchmarking reports documenting LED adoption growth in cannabis cultivation and emphasizes controllable, tunable solutions for both greenhouse and indoor environments, making it a go‑to brand for large operations seeking precision lighting and analytics integration.
Gavita (a Netherlands‑based brand owned by OSRAM/Signify historically), Illumitex, LumiGrow, Valoya, and P.L. Light Systems are established horticultural lighting companies that together represent core hardware and spectrum‑engineering expertise in the cannabis lights market; Gavita and OSRAM bring robust high‑output fixtures and decades of horticulture lamp design, Illumitex and LumiGrow develop LED fixtures and integrated digital controls for indoor and vertical farms, Valoya focuses on research‑driven spectra for commercial growers, and P.L. Light Systems supplies fixtures and retrofit solutions for controlled environment agriculture—each company is cited repeatedly in market analyses as major players shaping the shift from legacy HID to LED systems.
Urban‑gro (Hawthorne/Scotts Miracle‑Gro legacy spinouts and industry service groups included), Fluence’s competitors such as Fluence‑branded offerings, Hydrofarm distribution partners, and a cohort of specialist brands including Horticulture Lighting Group (HLG), Fluence’s market peers, and regional vendors like Boulderlamp and TSRgrow round out the top ten landscape by market influence, channel reach, and product differentiation; these firms compete on fixture efficacy, spectral tunability, controls integration, and service networks while responding to regulatory drivers (e.g., bans on certain lamp types) and grower priorities such as energy efficiency, crop quality, and lighting‑control interoperability. Industry reports and vendor lists show LEDs dominate new installs, retrofit activity, and R&D focus, with vendors that bundle analytics and compliance support gaining competitive advantage.
Table of Contents
32 Pages
- 1.0 Scope of Report and Methodology
- 2.0 Market SWOT Analysis and Players
- 2.1 Market Definition
- 2.2 Market Segments
- 2.3 Market Strengths
- 2.4 Market Weaknesses
- 2.5 Market Threats
- 2.6 Market Opportunities
- 2.7 Major Players
- 3.0 Competitive Analysis
- 3.1 Market Player 1
- 3.2 Market Player 2
- 3.3 Market Player 3
- 3.4 Market Player 4
- 3.5 Market Player 5
- 3.6 Market Player 6
- 3.7 Market Player 7
- 3.8 Market Player 8
- 3.9 Market Player 9
- 3.10 Market Player 10
- 4.0 Comparative Business Strategies
- 4.1 Comparative Business Strategies of Player 1 and 2
- 4.2 Comparative Business Strategies of Player 1 and 3
- 4.3 Comparative Business Strategies of Player 1 and 4
- 4.4 Comparative Business Strategies of Player 2 and 3
- 4.5 Comparative Business Strategies of Player 2 and 4
- 4.6 Comparative Business Strategies of Player 3 and 4
- 5.0 Appendix
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