HPS Plant Light Market to Witness Steady Growth at 3.9% CAGR,...

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2026-04-20 12:10:39 -

HPS Plant Light Market to Witness Steady Growth at 3.9% CAGR, Supported by Greenhouse Expansion Worldwide

According to a new report from Intel Market Research, the global HPS Plant Light market was valued at USD 557 million in 2025 and is projected to reach USD 722 million by 2034, growing at a CAGR of 3.9% during the forecast period (2026–2034). This growth is propelled by the rising demand for controlled-environment agriculture, expanding commercial cannabis cultivation, and ongoing...

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