LED Drivers and Power Supplies for Horticulture Market Size, Share and Trends 2026 to 2035

Forecast Year, 2035

USD 7.38 Bn

CAGR, 2026 - 2035

10.25%

Report Coverage

Global

What is LED Drivers and Power Supplies for Horticulture Market Size in 2026?

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. The market growth is attributed to increasing adoption of controlled environment agriculture and rising demand for energy-efficient horticulture LED lighting systems.

Key Takeaways

• 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.
• By application, the commercial greenhouses segment captured the highest market share in 2025.
• By application, the vertical farming segment is poised to grow at a healthy CAGR between 2026 and 2035.

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.

Impact of AI on the LED Drivers and Power Supplies for Horticulture Market

Artificial intelligence is reshaping LED drivers and power supplies for horticulture by enabling precise, data-driven lighting power regulation. The AI systems are used to provide a metric of the plant growth, temperature, humidity, and light response to dynamically adjust the driver output. This dynamic regulation enhances photosynthetic efficiency and minimizes the surplus energy delivery and dissipation of electricity and the stresses of LEDs. Moreover, the increased use of autonomous farming technologies in the future is likely to speed up the implementation of AI in horticultural lighting power electronics.

What are the Current Trends in the Market?

• Expansion of Vertical Farming Infrastructure: Rapid construction of indoor farms is driving demand for advanced horticulture LED driver power systems.
• Rising Adoption of Smart Lighting Control Systems: Increasing integration of digital control platforms is boosting the deployment of programmable horticulture LED drivers globally.
• Growing Government Energy Efficiency Regulations: Strict lighting efficiency standards are propelling the replacement of conventional power supplies with high-efficiency driver technologies.
• Insertion of DC Microgrid Compatible LED Drivers: The DC microgrid infrastructure is becoming popular in horticultural facilities to enhance the overall efficiency of electricity conversion and minimize power losses. Manufacturers of drivers are coming up with DC-input-compatible power supplies that do not require the superfluous AC-to-DC conversion steps. This trend is influencing the need for specialized LED drivers for horticulture in renewable-powered agricultural settings in the year 2026.
• Implementation of Gallium Nitride-Based Power Driver Technology: The manufacturers are launching gallium nitride power semiconductors to enhance the efficiency of drivers, switching speed, and thermal performance. These sophisticated elements minimize the loss of energy and enable smaller designs of the driver to fit in tight vertical agribusiness. This semiconductor transition is increasing the progress in next-generation high-efficiency horticulture LED power supplies.

Market Scope

Segmental Insights

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.

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.
Centralized power supply drivers enhance efficiency in electricity use and the quantity of power supply. Moreover, the manufacturers are launching high-wattage drivers, which are much better in thermal management and control in digital format, thus facilitating the segment growth.

Application Insights

Why Did the Commercial Greenhouses Segment Dominate the Market in 2025?

The commercial greenhouses segment dominated the LED drivers and power supplies for horticulture market in 2025, due to their large-scale deployment of supplemental LED lighting systems. High-efficiency LED drivers are increasingly becoming a trend among growers to ensure light intensity is kept at its proper levels even when the sunlight is low.

In the Netherlands, European greenhouse cultivators increased winter output with sophisticated LED power supplies to regulate crop production. Furthermore, the growing digitalization of greenhouses has the potential to enhance long-term adoption of intelligent horticulture power supply systems.
The vertical farming segment is expected to grow at the fastest rate in the coming years, owing to its complete dependence on artificial LED lighting systems. Such farms do not need sunlight, and effective LED drivers are needed to maintain crop production. Multi-layer farms need hundreds of LED fixtures work simultaneously under the controlled electrical conditions. Additionally, it is expected that the rising market of vertical farming will develop long-term markets that demand advanced LED drivers and power supplies.

Regional Insights

Why did North America capture the Largest Share of the 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.

U.S. Leading North America's Horticulture LED Driver Expansion

U.S. leads the LED drivers and power supplies for horticulture market in North America, as commercial operators of greenhouses started the deployment of LED-powered production systems of crops much faster. According to the U.S. Department of Energy, in 2025, high-efficiency horticulture LEDs delivered more than 3.2 umol/J performance, which led to a demand of accuracy constant-current drivers. Furthermore, the large growers of greenhouse vegetables in California and Arizona had invested much in programmable driver systems to ensure a constant level of light production.

Why is Asia Pacific Expected to record the Fastest Growth in the Market?

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.

China Powering Asia Pacific's Rapid Growth in Horticulture LED Driver Adoption

China is leading the charge in the Asia Pacific market, as the country aggressively expands vertical farming and smart greenhouse infrastructure. China was the leader of the controlled agriculture electrification globally, raising the demand for effective LED driver technologies. A high number of LED fixtures are installed in large-scale indoor farms, and have high-performance constant-current drivers installed to ensure stable operation. Additionally, the expansion of high-density indoor farming is anticipated to drive sustained long-term demand for LED drivers and power supplies across China.

LED Drivers and Power Supplies for Horticulture Market – Value Chain Analysis

• Semiconductor and Electronic Raw Material Supply: The foundation of horticulture LED driver production lies in semiconductor wafers, power transistors, capacitors, and magnetic materials.
  Key Players: Infineon Technologies, STMicroelectronics, Texas Instruments, onsemi.
• Power Electronics Component Fabrication: Raw semiconductor materials are processed into LED driver ICs, MOSFETs, controllers, and power conversion components.
  Key Players: Analog Devices, NXP Semiconductors, ROHM Semiconductor, Renesas Electronics.
• LED Driver and Power Supply Manufacturing: Electronic components are assembled into complete driver units with thermal protection, dimming control, and efficiency optimization features.
  Key Players: Mean Well, Inventronics, Signify, ams OSRAMand , and Delta Electronics.
• Integration into Horticulture Lighting Systems: LED drivers are integrated into grow lights and connected with intelligent lighting control and automation platforms.
  Key Players: Signify, Gavita, Fluence, Valoya, Heliospectra.
• Distribution and Deployment in Agricultural Facilities: Completed lighting power systems are delivered to greenhouse and vertical farm operators for controlled environment agriculture deployment.
  Key Players: Netafim, Plenty Unlimited, AeroFarms, BrightFarms, AppHarvest.

LED Drivers and Power Supplies for Horticulture Market Companies

• Delta Electronics
• Eaglerise
• Inventronics
• Lifud
• Mean Well
• Moso Power
• OSRAM
• Signify
• TCI
• Tridonic

Recent Developments in the Market

• 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. (Source: https://www.lightingindia.in)
• 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. (Source: https://www.lighting.philips.com)

Segments Covered in the Report:

By Driver Type Insights

• Constant Current (CC) Drivers
• Constant Voltage (CV) Drivers
• Smart/Programmable Drivers

By Power Class (Wattage) Insights

• Low Power (<150W)
• Medium Power (150W – 600W)
• High Power (>600W)

By Application Insights

• Commercial Greenhouses
• Vertical Farms
• Indoor/Warehouse Farms
• R&D and Tissue Culture

By Region

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East & Africa