According to Precedence Research, the global LED drivers and power supplies for horticulture market size was calculated at USD 2.78 billion in 2025 and is predicted to increase from USD 3.06 billion in 2026 to approximately USD 7.38 billion by 2035, expanding at a CAGR of 10.25% from 2026 to 2035.
LED Drivers and Power Supplies for Horticulture Market Key Insights
- North America dominated the market in 2025.
- Asia Pacific is expected to grow at the fastest CAGR between 2026 and 2035.
- By driver type, the constant current (CC) drivers segment contributed the highest market share in 2025.
- By driver type, the smart/programmable drivers segment is estimated to be growing at a rapid CAGR between 2026 and 2035.
- By power class, the low power (< 150W) segment dominated the LED drivers and power supplies for horticulture market in 2025.
- By power class, the high power (> 600W) segment is expected to expand at the highest CAGR from 2026 to 2035.
LED Drivers and Power Supplies for Horticulture Market Overview
The LED drivers and power supplies for horticulture market is primarily driven by the rapid expansion of controlled-environment agriculture and the growing need for energy-efficient lighting systems that reduce electricity consumption. Light-emitting diodes and power supplies are crucial electronic units that control the voltage and current supplied to horticultural LED lights.
Such systems provide accuracy in spectral output, dimming control, and uniform performance needed in plant photosynthesis and optimization of yield. Furthermore, with the growing demand for food in the world and the necessity to implement sustainable farming, the demand for efficient and reliable LED drivers and power sources is increasing.
Regional Outlook for LED Drivers and Power Supplies for Horticulture Market
North America led the LED drivers and power supplies for the horticulture market, capturing the largest revenue share in 2025, as large greenhouse operators rapidly expanded controlled environment agriculture using advanced LED lighting infrastructure.
The US and Canada invested more in indoor food production to enhance the stability of the supply chain. Market production of cannabis also increased the demand for drivers since cultivation firms needed a specific level of light to ensure uniform growth of their plants. Furthermore, the further development of indoor agriculture supports the high demand in the region for high-level horticulture of power electronics.
Asia-Pacific is anticipated to grow at the fastest rate in the LED drivers and power supplies for horticulture market during the forecast period, owing to the governments making more investments in food security and controlled environment farming technologies. China, Japan, and Singapore were countries that have increased vertical farming and greenhouse systems that support local food production objectives.
The fast urbanization stimulated the development of indoor agriculture that demanded the availability of quality power electronics to facilitate the artificial lighting of crops. Moreover, the high agricultural modernization activities facilitate the long-term growth of horticulture LED driver adoption in the Asia Pacific.
Europe is expected to grow at a significant CAGR during the forecast period. It is driven by the European Green Deal and the phase-out of legacy High-Pressure Sodium (HPS) lamps. This growth is propelled by a massive transition to energy-efficient LED systems in large-scale commercial greenhouses and also vertical farms.
Market Scope
| Report Coverage | Details |
| Market Size in 2025 | USD 2.78 Billion |
| Market Size in 2026 | USD 3.06 Billion |
| Market Size by 2035 | USD 7.38 Billion |
| Market Growth Rate from 2026 to 2035 | CAGR of 10.25% |
| Dominating Region | North America |
| Fastest Growing Region | Asia Pacific |
| Base Year | 2025 |
| Forecast Period | 2026 to 2035 |
Segmental Outlook of LED Drivers and Power Supplies for Horticulture Market
By Driver Type Insights
Why Did Constant Current Drivers Capture the Largest Share in the Market?
The constant current (CC) drivers segment dominated the LED drivers and power supplies for horticulture market in 2025, due to the need to control the current stability in the horticulture LEDs to ensure stable growth of the plants. These drivers are constant output current regardless of the voltage changes, and therefore, a constant amount of light is produced each cycle of crop production. Furthermore, the continuous expansion of controlled environment agriculture is expected to sustain the strong dominance of this driver type.
The smart/programmable drivers segment is expected to grow at the fastest rate in the coming years, owing to the growing number of growers adopting automated and data-based light solutions. These drivers makes possible to program the output current, schedules, and dimming levels according to the stages of growth of the plant. The programmable drivers also enable growers to save on the expenditure on electricity, but still retain the best lighting environment to enhance the productivity of crops. This flexibility of operation is expected to boost its adaptation in technologically advanced agricultural facilities around the world.
By Power Class Insights
Why Did Low Power (<150W) Segment Drivers Lead the Market in 2025?
The low power (< 150W) segment held the largest revenue share in the LED drivers and power supplies for horticulture market in 2025, due to the need for modular horticulture luminaire to have small and efficient power units. This power class was more favored among the manufacturers since it has better thermal performance and can last much longer than the drivers. Moreover, the increase in the use of modular horticulture lighting systems continues to promote high demand for drivers in this category of power.
The high power (> 600W) segment is expected to grow at the fastest CAGR in the coming years, as high-intensity horticulture lighting systems require centralized power delivery. Big box vertical farms utilize high-power luminaires to maintain the dense crop production at multi tier growing environment.
Recent Developments
- In December 2024, Cree LED, a Penguin Solutions brand, partnered with SANlight GmbH, Austria, to integrate its J Series LEDs into the new STIXX-Series horticulture luminaires. These fixtures deliver module efficiency reaching 3.1 µmol/J and feature a slim, compact design ideal for space-constrained growing environments. Supported by LM-80 testing and TM-21 validated lifetimes exceeding 53,000 hours, the solution ensures high reliability, extended operational durability, and consistent performance for professional horticulture lighting systems.
- In June 2025, Signify introduced the Philips GrowWise smart spectrum, an advanced algorithm that automatically adjusts horticulture LED lighting according to real-time sunlight conditions. This intelligent technology enables growers to improve lighting efficiency and optimize crop performance through automated spectral tuning. The system helps reduce energy consumption and enhance crop productivity, achieving efficiency improvements or crop growth gains of up to 6%, strengthening data-driven precision lighting adoption.
LED Drivers and Power Supplies for Horticulture Market Companies
Delta Electronics – Delta Electronics is a leading manufacturer of LED drivers, power management solutions, and industrial automation technologies. The company focuses on high-efficiency, energy-saving products for commercial, industrial, and smart lighting applications.
Eaglerise – Eaglerise specializes in LED drivers, electronic transformers, and intelligent power supply solutions for lighting systems. Its products are widely used in residential, commercial, and industrial LED lighting applications.
Inventronics – Inventronics designs high-performance LED drivers and intelligent lighting control solutions for outdoor, industrial, and horticultural lighting. The company is known for energy-efficient products with advanced dimming and smart control capabilities.
Lifud – Lifud Technology develops LED drivers and smart lighting control systems for commercial and residential lighting. Its product portfolio emphasizes reliability, energy efficiency, and compatibility with intelligent lighting networks.
Mean Well – Mean Well is a global manufacturer of standard power supplies, including LED drivers, AC/DC power supplies, and industrial power solutions. The company is recognized for delivering reliable, cost-effective products across diverse industries.
Moso Power – Moso Power Supply Technology manufactures programmable LED drivers and intelligent power solutions for outdoor and industrial lighting. Its products support high energy efficiency, long service life, and IoT-enabled smart lighting applications.
OSRAM – OSRAM is a global leader in lighting technology, offering LED drivers, intelligent lighting systems, and optical semiconductor solutions. The company serves automotive, industrial, healthcare, and smart city applications with innovative lighting technologies.
Signify – Signify, formerly Philips Lighting, provides advanced LED lighting systems, connected lighting platforms, and energy-efficient LED drivers. Its portfolio supports smart buildings, smart cities, and sustainable lighting solutions through IoT-enabled technologies.
Source: https://www.precedenceresearch.com/led-drivers-and-power-supplies-for-horticulture-market
