원예용 조명 시장 : 시장 예측(2026-2032년)

The Horticulture Lighting Market is projected to grow by USD 17.79 billion at a CAGR of 14.03% by 2032.

Horticulture Lighting Executive Summary

Horticulture lighting has become a core enabling technology for controlled environment agriculture, greenhouse cultivation, vertical farming, propagation, floriculture, and high-value crop production. As growers respond to climate variability, water stress, land constraints, urban food demand, and pressure for year-round supply, artificial lighting systems are increasingly used to supplement or replace sunlight and optimize plant growth cycles. The industry is being shaped by rapid adoption of LED grow lights, precision spectral control, automation-ready fixtures, dimmable lighting networks, and energy-efficient cultivation infrastructure.

Demand is supported by verified agronomic evidence showing that light intensity, photoperiod, spectrum, and uniformity directly influence photosynthesis, morphology, flowering, secondary metabolite expression, yield consistency, and crop quality. LEDs have gained strategic importance because they offer higher controllability than legacy high-pressure sodium and fluorescent systems, while supporting lower heat output, longer operational life, and integration with sensors and climate control platforms. For commercial growers, the shift is not only about illumination; it is about using light as a production input that can be measured, automated, and optimized for crop-specific outcomes.

Key industry priorities include reducing electricity consumption, improving crop uniformity, increasing production density, supporting pesticide-reduction strategies through indoor cultivation, and aligning lighting infrastructure with sustainability standards. The horticulture lighting ecosystem is also expanding beyond hardware into controls, lighting recipes, data analytics, plant science services, and integrated facility design, making it an essential pillar of modern agricultural technology.

Transformative Shifts in the Horticulture Lighting Landscape

The horticulture lighting landscape is undergoing a structural transition from conventional illumination to precision-controlled plant production systems. LED technology is the central driver of this change, supported by advances in diode efficiency, spectrum engineering, fixture thermal management, optical distribution, and digital control protocols. Growers are increasingly evaluating lighting not only by fixture cost but by photosynthetic photon efficacy, crop response, energy use, maintenance requirements, uniformity, and compatibility with automation platforms.

A major shift is the movement from fixed-spectrum lighting toward tunable and application-specific light recipes. Research in plant physiology has demonstrated that blue, red, far-red, green, ultraviolet, and white light components can influence leaf expansion, stem elongation, rooting, flowering, pigmentation, flavor compounds, and nutritional characteristics. This is accelerating demand for lighting strategies tailored to leafy greens, tomatoes, cucumbers, peppers, strawberries, ornamentals, medicinal crops, seedling production, and tissue culture.

Greenhouses are increasingly adopting supplemental lighting to stabilize production during low-daylight periods, while indoor farms are using fully artificial lighting to achieve high-density, repeatable crop cycles close to consumption centers. At the same time, energy costs and grid constraints are pushing operators toward adaptive lighting, daylight integration, load shifting, and demand-response-compatible control systems. Sustainability expectations are also reshaping procurement decisions, with greater attention to energy performance, lifecycle durability, recyclability, and compatibility with renewable power.

Regulatory and food-security priorities are further transforming adoption patterns. Governments and agricultural agencies are promoting protected cultivation, efficient water use, local production, and resilient supply chains. These factors are making horticulture lighting a strategic investment area for growers seeking operational resilience, quality consistency, and higher biological control over crop outcomes.

Cumulative Impact of Artificial Intelligence on Horticulture Lighting

Artificial intelligence is increasingly influencing horticulture lighting by converting plant production from schedule-based management into data-driven, responsive cultivation. AI-enabled systems can analyze sensor inputs such as photosynthetically active radiation, canopy temperature, humidity, carbon dioxide concentration, vapor pressure deficit, crop imagery, and energy pricing to adjust lighting intensity, duration, and spectrum in near real time. This supports more precise alignment between plant needs, environmental conditions, and operational cost targets.

The cumulative impact of AI is most visible in adaptive lighting strategies. Instead of maintaining uniform lighting output throughout a crop cycle, machine learning models can support dynamic light optimization based on growth stage, cultivar response, weather forecasts, daylight availability, and production objectives. In greenhouses, AI can coordinate supplemental lighting with natural sunlight to reduce unnecessary energy use while maintaining daily light integral targets. In vertical farms, AI can help refine lighting recipes to improve uniformity, reduce crop stress, and support consistent quality across stacked growing layers.

Computer vision is expanding the value of AI by enabling continuous crop monitoring. Image-based analytics can detect growth rate, leaf area, color change, disease symptoms, nutrient stress, and canopy development, allowing lighting adjustments to be linked to measurable biological responses. AI also supports predictive maintenance by monitoring fixture performance, driver behavior, heat profiles, and operational anomalies, reducing unplanned downtime in high-dependency indoor farming environments.

However, effective AI deployment depends on reliable agronomic data, calibrated sensors, interoperability between lighting and climate systems, cybersecurity safeguards, and trained operators who can interpret recommendations. The strongest benefits arise when AI is integrated with plant science expertise rather than used as a stand-alone automation layer. Over time, AI is expected to strengthen the role of horticulture lighting as a precision input that balances yield, quality, energy efficiency, and crop-specific biological targets without relying on speculative production assumptions.

Key Regional Insights for Horticulture Lighting

Asia-Pacific is a highly dynamic region for horticulture lighting, supported by dense urban populations, protected cultivation expansion, food-security priorities, and strong interest in vertical farming across China, Japan, South Korea, Australia, and India. China's controlled environment agriculture development is linked to greenhouse modernization, urban food supply, and technology-enabled agriculture. Japan and South Korea have advanced indoor farming capabilities driven by automation, land limitations, and demand for high-quality produce. Australia's adoption is influenced by climate variability, water efficiency requirements, and greenhouse production of vegetables and ornamentals, while India is gradually increasing interest in protected cultivation for high-value crops, seedling production, and climate-resilient agriculture.

North America benefits from mature greenhouse vegetable production, regulated cannabis cultivation in several jurisdictions, strong indoor farming experimentation, and widespread adoption of energy-efficient LED systems. The United States has a well-developed ecosystem for controlled environment agriculture, agritech research, and utility-backed energy efficiency programs, while Canada's greenhouse sector, especially in established protected cultivation clusters, uses supplemental lighting to manage seasonal light limitations and maintain consistent output.

Latin America presents opportunities tied to greenhouse vegetables, floriculture, export-oriented agriculture, and climate adaptation. Mexico has a strong protected agriculture base for tomatoes, peppers, cucumbers, berries, and export crops, supporting demand for supplemental and photoperiod lighting. Brazil's adoption is supported by high-value horticulture, research in protected cultivation, and interest in productivity under variable climate conditions, although energy economics and capital access influence deployment pace.

Europe is shaped by strict sustainability policies, advanced greenhouse clusters, energy efficiency requirements, and strong research in plant science. The region's growers are increasingly balancing lighting performance with energy costs, decarbonization goals, and circular agriculture principles. Northern and Western Europe rely on supplemental lighting to manage limited winter daylight, while Southern Europe applies lighting selectively in high-value greenhouse production and propagation.

The Middle East is investing in controlled environment agriculture to address arable land constraints, water scarcity, import dependency, and food-security objectives. Horticulture lighting supports indoor farms, greenhouses, and hybrid cultivation systems, especially where extreme heat and limited freshwater availability require controlled production. Africa's adoption remains uneven but strategically relevant, with opportunities in urban agriculture, seedling production, floriculture, greenhouse vegetables, and climate-resilient farming. Deployment is influenced by energy reliability, financing, training, and alignment with local crop value chains.

Key Group Insights for Horticulture Lighting

ASEAN countries are increasingly evaluating horticulture lighting through the lens of urbanization, food security, tropical climate management, and high-value crop cultivation. Singapore's emphasis on local food resilience has strengthened interest in indoor farming and lighting-intensive systems, while Malaysia, Thailand, Vietnam, Indonesia, and the Philippines show growing adoption in protected cultivation, seedling production, and premium horticultural crops. High humidity, heat, and energy costs make efficient LEDs, climate integration, and automation particularly important across the region.

The GCC is a strategically important group for horticulture lighting because water scarcity, limited arable land, and high food import dependence encourage investment in controlled environment agriculture. Indoor farms and advanced greenhouses in the Gulf require lighting systems that operate reliably under high ambient temperatures and integrate with cooling, desalination-linked water systems, and energy management platforms. The region's focus on food-security strategies supports adoption of lighting solutions for leafy greens, herbs, tomatoes, and other high-value crops.

The European Union is one of the most policy-driven environments for horticulture lighting, with adoption shaped by energy efficiency rules, climate targets, circular economy goals, and sustainable agriculture programs. EU growers are increasingly prioritizing LED retrofits, intelligent lighting controls, and daylight-responsive systems to reduce electricity use and align with decarbonization objectives. Research collaboration across universities, agricultural institutes, and greenhouse clusters supports evidence-based lighting recipes and crop-specific optimization.

BRICS economies represent a diverse set of horticulture lighting conditions. China has significant momentum in protected cultivation and indoor farming technologies; India is building interest in climate-resilient horticulture and high-value crop propagation; Brazil is expanding protected cultivation practices in selected agricultural segments; Russia's colder climate supports supplemental lighting in greenhouse production; and South Africa's horticulture sector can benefit from controlled cultivation where water efficiency and export quality are priorities. Across BRICS, adoption is tied to food security, energy availability, agritech investment, and domestic agricultural modernization.

G7 countries generally have advanced research capabilities, established greenhouse sectors, and strong demand for efficient, digitally controlled lighting systems. The United States, Canada, Japan, Germany, France, Italy, and the United Kingdom combine plant science expertise with commercial greenhouse production, indoor farming trials, and sustainability-focused procurement. Energy management, automation, labor optimization, and quality consistency are common drivers.

NATO members include several of the world's most developed horticulture lighting environments, particularly in North America and Europe, where protected cultivation supports supply-chain resilience and food-security planning. While defense alignment is not a direct industry driver, many member countries emphasize resilient infrastructure, domestic production capability, energy efficiency, and technological modernization, all of which reinforce interest in controlled environment agriculture and advanced lighting systems.

Key Country Insights for Horticulture Lighting

The United States is a leading adopter of horticulture lighting due to its large controlled environment agriculture base, greenhouse vegetables, indoor farming operations, cannabis cultivation in regulated states, and strong agritech research ecosystem. Energy efficiency incentives in several jurisdictions and increasing interest in local produce strengthen demand for LED grow lights, adaptive controls, and crop-specific lighting strategies. Canada's greenhouse industry, particularly in vegetable and floriculture production, relies on supplemental lighting to overcome seasonal daylight limitations, while indoor farming and regulated cannabis cultivation have accelerated interest in high-performance fixtures and automation.

Mexico has a robust protected agriculture sector serving domestic and export markets, especially for tomatoes, peppers, cucumbers, and berries. Horticulture lighting adoption is influenced by export quality requirements, greenhouse modernization, and the need for consistent crop development. Brazil's opportunities are linked to floriculture, leafy greens, vegetables, and research-led protected cultivation, with adoption shaped by energy cost, regional climate differences, and investment capacity.

The United Kingdom is advancing horticulture lighting through vertical farming, greenhouse modernization, and interest in resilient local food production following supply-chain disruptions and changing trade conditions. Germany combines strong engineering capabilities, greenhouse operations, and sustainability requirements, making energy-efficient LED systems and integrated controls highly relevant. France is supported by greenhouse vegetables, horticultural research, and sustainability goals, while Italy and Spain use protected cultivation for high-value produce, with lighting adoption shaped by crop type, regional sunlight availability, and energy economics. Russia's colder climate and winter light limitations make supplemental lighting important for greenhouse vegetable production, although investment conditions and energy infrastructure affect deployment.

China is expanding horticulture lighting through greenhouse modernization, plant factories, urban agriculture, and technology-led food-security initiatives. The country's large agricultural base and manufacturing capabilities support broad experimentation with LED systems and controlled environment agriculture. India is at an earlier but increasingly active stage, with demand emerging in protected cultivation, nurseries, floriculture, high-value vegetables, and research institutions focused on climate-resilient production. Japan has long-standing expertise in plant factories and precision indoor farming, supported by automation, limited arable land, and demand for safe, high-quality produce. South Korea is also advancing smart farms, vertical farming, and greenhouse automation as part of agricultural modernization.

Australia's horticulture lighting adoption is driven by greenhouse vegetables, medicinal crops, research facilities, and the need to manage climate variability, water constraints, and long-distance food supply chains. Across these countries, the strongest adoption patterns are associated with high-value crops, reliable energy access, technical support, and integration between lighting, irrigation, climate control, and digital monitoring systems.

Actionable Recommendations for Horticulture Lighting Leaders

Industry leaders should prioritize lighting strategies grounded in crop physiology, energy performance, and operational integration. The most effective approach is to evaluate horticulture lighting as part of the full growing environment, including climate control, irrigation, nutrients, carbon dioxide enrichment, airflow, cultivar selection, and labor workflows. Lighting decisions should be based on photosynthetic photon efficacy, spectral suitability, fixture reliability, uniformity, controllability, thermal performance, and compatibility with automation systems.

Growers and technology providers should invest in crop-specific light recipes validated through trials rather than relying on generic illumination settings. Facilities using greenhouses should implement daylight-responsive controls and daily light integral management to avoid unnecessary energy consumption. Indoor farms should optimize rack layout, fixture placement, airflow, and heat removal alongside lighting design to prevent uneven growth and microclimate variability.

Decision-makers should also strengthen energy strategies by assessing utility tariffs, demand-response participation, renewable energy integration, battery storage options, and load-shifting capabilities. Because electricity is a major operating input in lighting-intensive cultivation, energy planning should begin at the facility design stage. Retrofitting legacy systems should include total operational analysis covering maintenance, cooling impacts, electrical capacity, crop response, and long-term reliability.

Technology suppliers should focus on interoperability, open control standards, sensor integration, cybersecurity, and user-friendly software. AI-based optimization tools should be transparent, agronomically explainable, and validated under real production conditions. Training is equally important: operators need practical understanding of light intensity, spectrum, photoperiod, plant stress signals, and data interpretation.

For long-term resilience, industry leaders should align lighting investments with sustainability documentation, food safety standards, water efficiency, and traceable production practices. Partnerships with growers, research institutions, utilities, and agricultural extension networks can accelerate adoption by reducing technical risk and proving crop-specific performance under local conditions.

Research Methodology for Horticulture Lighting Analysis

The research methodology for horticulture lighting analysis should combine verified secondary research, primary industry engagement, and technical validation. Secondary research includes peer-reviewed plant science literature, agricultural extension publications, government agriculture and energy reports, controlled environment agriculture guidelines, utility efficiency documentation, regulatory materials, patent filings, trade data, and standards related to electrical safety, lighting performance, and greenhouse operations.

Primary research should include structured interviews with greenhouse operators, vertical farm managers, horticulture consultants, lighting engineers, agronomists, energy specialists, distributors, system integrators, and academic researchers. These interviews help validate adoption drivers, technical barriers, crop-specific requirements, energy considerations, purchasing criteria, and regional operating conditions. Information should be triangulated across multiple independent sources to reduce bias and improve reliability.

Technical assessment should examine fixture performance metrics such as photosynthetic photon efficacy, photon flux, spectral distribution, dimming capability, heat dissipation, expected operational life, ingress protection, optical uniformity, driver reliability, and control compatibility. Agronomic assessment should evaluate crop response evidence, including growth rate, morphology, flowering, yield quality, nutritional characteristics, and stress indicators, without using unsupported claims.

Regional and country-level insights should be developed through analysis of protected cultivation activity, climate conditions, energy availability, food-security policies, greenhouse infrastructure, urban agriculture initiatives, and crop value chains. The methodology should avoid unverified projections and should not rely on market sizing, share calculations, or speculative forecasts. All conclusions should be based on documented evidence, expert validation, and consistent cross-checking of technical and commercial signals.

Conclusion: Horticulture Lighting as a Precision Agriculture Enabler

Horticulture lighting is evolving from a supplemental production tool into a precision agriculture platform that supports climate resilience, year-round cultivation, crop quality control, and efficient use of resources. LED grow lights, intelligent controls, sensor integration, and AI-supported optimization are redefining how growers manage plant development across greenhouses, vertical farms, nurseries, and research facilities.

The strongest opportunities are emerging where lighting is integrated with agronomy, energy planning, climate control, and digital monitoring. Regions facing land constraints, limited daylight, water scarcity, food import dependence, or demand for premium local produce are particularly focused on controlled environment agriculture. At the same time, energy cost, technical expertise, financing, and system interoperability remain important challenges that industry participants must address.

Future competitiveness in horticulture lighting will depend on validated crop outcomes, measurable energy efficiency, reliable system performance, and the ability to adapt lighting strategies to local climates and crop economics. Leaders that combine plant science, engineering, data analytics, and sustainability discipline will be best positioned to support the next phase of controlled environment agriculture.

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Definition
• 1.3. Market Segmentation & Coverage
• 1.4. Years Considered for the Study
• 1.5. Currency Considered for the Study
• 1.6. Language Considered for the Study
• 1.7. Key Stakeholders

2. Research Methodology

• 2.1. Introduction
• 2.2. Research Design
  • 2.2.1. Primary Research
  • 2.2.2. Secondary Research
• 2.3. Research Framework
  • 2.3.1. Qualitative Analysis
  • 2.3.2. Quantitative Analysis
• 2.4. Market Size Estimation
  • 2.4.1. Top-Down Approach
  • 2.4.2. Bottom-Up Approach
• 2.5. Data Triangulation
• 2.6. Research Outcomes
• 2.7. Research Assumptions
• 2.8. Research Limitations

3. Executive Summary

• 3.1. Introduction
• 3.2. CXO Perspective
• 3.3. Market Size & Growth Trends
• 3.4. New Revenue Opportunities
• 3.5. Next-Generation Business Models
• 3.6. Industry Roadmap

4. Market Overview

• 4.1. Introduction
• 4.2. Industry Ecosystem & Value Chain Analysis
  • 4.2.1. Supply-Side Analysis
  • 4.2.2. Demand-Side Analysis
  • 4.2.3. Stakeholder Analysis
• 4.3. Market Dynamics
  • 4.3.1. Key Drivers
  • 4.3.2. Key Restraints
  • 4.3.3. Key Opportunities
  • 4.3.4. Key Challenges
• 4.4. Porter's Five Forces Analysis
• 4.5. PESTLE Analysis
• 4.6. Market Outlook
  • 4.6.1. Near-Term Market Outlook (0-2 Years)
  • 4.6.2. Medium-Term Market Outlook (3-5 Years)
  • 4.6.3. Long-Term Market Outlook (5-10 Years)
• 4.7. Go-to-Market Strategy

5. Market Insights

• 5.1. Consumer Insights & End-User Perspective
• 5.2. Consumer Experience Benchmarking
• 5.3. Opportunity Mapping
• 5.4. Distribution Channel Analysis
• 5.5. Pricing Trend Analysis
• 5.6. Regulatory Compliance & Standards Framework
• 5.7. ESG & Sustainability Analysis
• 5.8. Disruption & Risk Scenarios
• 5.9. Return on Investment & Cost-Benefit Analysis

6. Cumulative Impact of Artificial Intelligence 2026

7. Horticulture Lighting Market, by Product Type

• 7.1. Introduction
• 7.2. Fixtures
  • 7.2.1. Toplighting Fixtures
  • 7.2.2. Interlighting Fixtures
  • 7.2.3. Under-Canopy Fixtures
  • 7.2.4. Side-Lighting Fixtures
  • 7.2.5. Multilayer / Rack Lighting Fixtures
  • 7.2.6. Mobile / Carrier Lighting Fixtures
  • 7.2.7. Retrofit / Hybrid Replacement Fixtures
• 7.3. Light Engines And Components
  • 7.3.1. LED Packages And Arrays
  • 7.3.2. LED Modules And Boards
  • 7.3.3. Drivers And Power Supply Units
  • 7.3.4. Optics, Reflectors, And Thermal Management Components
• 7.4. Services
  • 7.4.1. Lighting Design And Simulation Services
  • 7.4.2. Installation And Commissioning Services
  • 7.4.3. Maintenance And Service Contracts
  • 7.4.4. Agronomy And Light-Recipe Consulting
• 7.5. Lighting Controls And Intelligent Systems
  • 7.5.1. On-Off And Dimming Control Systems
  • 7.5.2. Spectrum-Tunable Control Systems
  • 7.5.3. Wireless Control Nodes And Gateways
  • 7.5.4. Sensors And Biofeedback Devices
  • 7.5.5. Lighting Software And Analytics Platforms

8. Horticulture Lighting Market, by Lighting Technology

• 8.1. Introduction
• 8.2. LED Systems
• 8.3. Fluorescent Systems
• 8.4. HID Systems
• 8.5. UV Supplemental Systems

9. Horticulture Lighting Market, by Spectrum Strategy

• 9.1. Introduction
• 9.2. Broad White Spectrum
• 9.3. White Plus Deep Red Spectrum
• 9.4. Red-Blue Dominant Spectrum
• 9.5. Tunable Multi-Channel Spectrum
• 9.6. Crop-Specific / Recipe-Based Spectrum

10. Horticulture Lighting Market, by Cultivation Environment

• 10.1. Introduction
• 10.2. Glass Greenhouses
• 10.3. Poly Greenhouses And Tunnels
• 10.4. Indoor Vertical Farms
• 10.5. Indoor Single-Layer Grow Rooms
• 10.6. Propagation And Nursery Environments
• 10.7. Research Chambers And Plant Growth Rooms

11. Horticulture Lighting Market, by Crop Type

• 11.1. Introduction
• 11.2. Leafy Greens And Herbs
• 11.3. Fruiting Vegetables
• 11.4. Berries And Vines
• 11.5. Ornamentals And Floriculture
• 11.6. Propagation Materials
• 11.7. Medicinal And High-Value Plants
• 11.8. Research Crops And Seed Breeding

12. Horticulture Lighting Market, by Application

• 12.1. Introduction
• 12.2. Commercial Greenhouse Growers
• 12.3. Vertical Farm Operators
• 12.4. Indoor Medicinal Plant Cultivators
• 12.5. Propagation Nurseries
• 12.6. Research Institutes And Universities
• 12.7. OEMs, Integrators, And EPC / Greenhouse Builders

13. Horticulture Lighting Market, by Region

• 13.1. Asia-Pacific
• 13.2. North America
• 13.3. Latin America
• 13.4. Europe
• 13.5. Middle East
• 13.6. Africa

14. Horticulture Lighting Market, by Group

• 14.1. ASEAN
• 14.2. GCC
• 14.3. European Union
• 14.4. BRICS
• 14.5. G7
• 14.6. NATO

15. Horticulture Lighting Market, by Country

• 15.1. United States
• 15.2. Canada
• 15.3. Mexico
• 15.4. Brazil
• 15.5. United Kingdom
• 15.6. Germany
• 15.7. France
• 15.8. Russia
• 15.9. Italy
• 15.10. Spain
• 15.11. China
• 15.12. India
• 15.13. Japan
• 15.14. Australia
• 15.15. South Korea

16. Competitive Landscape

• 16.1. Market Share Analysis, 2025
• 16.2. FPNV Positioning Matrix, 2025
• 16.3. Market Concentration Analysis, 2025
  • 16.3.1. Concentration Ratio (CR)
  • 16.3.2. Herfindahl Hirschman Index (HHI)
• 16.4. Recent Developments & Impact Analysis, 2025
• 16.5. Product Portfolio Analysis, 2025
• 16.6. Benchmarking Analysis, 2025

17. Company Profiles

• 17.1. AB Lighting Europe S.L.
• 17.2. Active Grow LLC
• 17.3. Advanced Energy Industries, Inc.
• 17.4. ams-OSRAM AG
• 17.5. APT Electronics Co., Ltd.
• 17.6. Bever Innovations B.V.
• 17.7. COSMICNODE B.V.
• 17.8. Everlight Electronics Co., Ltd.
• 17.9. FOHSE Inc.
• 17.10. Gavita International B.V.
• 17.11. Greenlux Lighting Solutions Oy
• 17.12. Heliospectra AB (publ)
• 17.13. Horticulture Lighting Group Corp.
• 17.14. Illum Horticulture LLC
• 17.15. Intravision Group AS
• 17.16. LED iBond International A/S
• 17.17. Ledgnd B.V.
• 17.18. Lumatek Ltd.
• 17.19. LUMLUX CORP.
• 17.20. Nichia Corporation
• 17.21. P.L. Light Systems Inc.
• 17.22. Powerland Technology Co., Ltd.
• 17.23. Samsung Electronics Co., Ltd.
• 17.24. SANlight GmbH
• 17.25. Seoul Semiconductor Co., Ltd.
• 17.26. Shenzhen Guanke Technologies Co., Ltd.
• 17.27. Signify N.V.
• 17.28. Tebarex B.V.
• 17.29. Thrive Agritech, Inc.
• 17.30. Wivid AB