Agricultural Lighting Market by Light Source (Fluorescent, HID, LED), Application (Horticulture, Livestock, Aquaculture), Offering (Hardware, Software, Services), Installation Type, Wattage Type, Sales Channel and Region - Global Forecast to 2028
The global agricultural lighting market is projected to grow from USD 11.8 billion in 2023 to USD 21.4 billion by 2028; it is expected to grow at a CAGR of 12.5% from 2023 to 2028. The market has a promising growth potential due to several factors, including the technological advancements in LED technology, rising number of government initiatives to promote agricultural lighting, growing demand for food owing to the increasing population. All these factors could play a key role in driving the growth of the agricultural lighting market.
“Rising penetration of LED lights in agricultural lighting due to their long lifespan, spectrum adjustability, and energy efficiency”
The LED technology segment is projected to grow by light source at the highest CAGR from 2023 to 2028 for the agricultural lighting market. LED lighting allows precise control over the light spectrum, enabling growers to tailor the light output to specific crop requirements. Different stages of plant growth, such as vegetative growth and flowering, benefit from different light spectra. LED technology enables the customization of light wavelengths to optimize plant growth, yield, and quality. LED lighting offers dimming capabilities, allowing growers to adjust the light intensity according to the crop's needs. This flexibility facilitates precise control over light levels, mimicking natural light variations and providing optimal conditions for photosynthesis and plant development.
“Rising requirement of software for agricultural automation to witness highest CAGR during the forecast period”
The software segment is projected to grow at the highest CAGR during the forecast period. Software-driven agricultural lighting systems collect data on lighting performance, energy consumption, and crop responses. Analyzing this data provides valuable insights into crop growth patterns, lighting efficiency, and resource allocation. With data-driven decision-making, farmers and growers can optimize their lighting strategies, identify improvement areas, and maximize operational efficiency.
“Rising demand for below 50W lighting product segment during between 2023 and 2028”
The below 50W segment provides affordable entry-level solutions for small-scale and novice growers starting their agricultural operations. These cost-effective lighting options enable newcomers to invest in lighting systems without significant upfront expenses, making it easier to enter the market and establish their agricultural setups.
“Increasing demand for new installations to witness larger market share in 2023”
Farmers and growers are increasingly recognizing the significant impact of lighting on crop growth, yield, and quality. Proper lighting is vital in optimizing photosynthesis, promoting plant development, and influencing plant physiology. As awareness of the benefits of specialized lighting solutions spreads, there is a rising demand for new installations of agricultural lighting systems.
“Increasing demand for online/e-commerce sales channel due to increased convenience during the forecast period”
Online platforms provide detailed product information, specifications, and customer reviews. Farmers and growers can gather comprehensive information about different lighting solutions, compare features, and read feedback from other customers. This helps make informed purchasing decisions based on the specific requirements of their agricultural operations. With the availability of internet access increasing in rural areas worldwide, buyers will find it easier to buy products online, which will further lead to the growth of the online/e-commerce segment.
“Rising requirement of fresh farm food will tend the horticulture segment to witness highest CAGR during the forecast period”
The horticulture segment is projected to grow at the highest CAGR during the forecast period. Increased food demand across the world with the increasing global population will lead to the growth of this segment. Growth of horticulture lighting in the agricultural lighting market is driven by the growing adoption of controlled environment agriculture, the awareness of crop-specific lighting requirements, advancements in LED technology, the focus on crop quality and yield, market demand for locally grown and specialty crops, environmental benefits and sustainability, technological advances, and government support. These factors collectively contribute to the expanding scope and opportunities in the horticulture lighting sector of the agricultural lighting market.
“Asia Pacific is projected to become the largest geographical market between 2023 and 2028”
APAC is projected to hold the largest market for agricultural lighting market during the forecast period. This can be attributed to its continuously increasing population, leading to rising food demand from Asia Pacific. This has led to an increase in the adoption of advanced farming technologies such as CEA to supply fresh fruits and vegetables throughout the year. The Asia Pacific region has a growing focus on sustainable and eco-friendly agricultural practices. Energy-efficient lighting solutions like LED lights are favored for their reduced energy consumption and lower environmental impact. The alignment of agricultural lighting with sustainability objectives encourages the adoption of such solutions, further driving market growth.
Breakdown of profiles of primary participants:
The agricultural lighting market is dominated by a few established players such as Signify Holding (Netherlands), ams-OSRAM GmbH (Germany), Gavita International B.V. (Netherlands), Valoya (Finland), California LightWorks (US), DeLaval (Sweden), CBM Lighting (Canada), Heliospectra AB (Sweden), Hortilux Schr?der (Netherlands).
Research coverage
This report offers detailed insights into the agricultural lighting market based on offering (Hardware, Software, Services), light source (Fluorescent, HID, LED and Others), wattage type (Below 50W, 50 – 150W, Above 150W), sales channel (Retail/Wholesale, Direct Sales, Online/E-commerce), application (Horticulture, Livestock, Aquaculture), installation type (New, Retrofit), and region (North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW) which includes the Middle East, Africa, and South America.
The report also comprehensively reviews market drivers, restraints, opportunities, and challenges in the agricultural lighting market. The report also covers qualitative aspects in addition to the quantitative aspects of these markets.
Reasons to buy the report:
The report will help the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall agricultural lighting market and related segments and sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the agricultural lighting market and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
“Rising penetration of LED lights in agricultural lighting due to their long lifespan, spectrum adjustability, and energy efficiency”
The LED technology segment is projected to grow by light source at the highest CAGR from 2023 to 2028 for the agricultural lighting market. LED lighting allows precise control over the light spectrum, enabling growers to tailor the light output to specific crop requirements. Different stages of plant growth, such as vegetative growth and flowering, benefit from different light spectra. LED technology enables the customization of light wavelengths to optimize plant growth, yield, and quality. LED lighting offers dimming capabilities, allowing growers to adjust the light intensity according to the crop's needs. This flexibility facilitates precise control over light levels, mimicking natural light variations and providing optimal conditions for photosynthesis and plant development.
“Rising requirement of software for agricultural automation to witness highest CAGR during the forecast period”
The software segment is projected to grow at the highest CAGR during the forecast period. Software-driven agricultural lighting systems collect data on lighting performance, energy consumption, and crop responses. Analyzing this data provides valuable insights into crop growth patterns, lighting efficiency, and resource allocation. With data-driven decision-making, farmers and growers can optimize their lighting strategies, identify improvement areas, and maximize operational efficiency.
“Rising demand for below 50W lighting product segment during between 2023 and 2028”
The below 50W segment provides affordable entry-level solutions for small-scale and novice growers starting their agricultural operations. These cost-effective lighting options enable newcomers to invest in lighting systems without significant upfront expenses, making it easier to enter the market and establish their agricultural setups.
“Increasing demand for new installations to witness larger market share in 2023”
Farmers and growers are increasingly recognizing the significant impact of lighting on crop growth, yield, and quality. Proper lighting is vital in optimizing photosynthesis, promoting plant development, and influencing plant physiology. As awareness of the benefits of specialized lighting solutions spreads, there is a rising demand for new installations of agricultural lighting systems.
“Increasing demand for online/e-commerce sales channel due to increased convenience during the forecast period”
Online platforms provide detailed product information, specifications, and customer reviews. Farmers and growers can gather comprehensive information about different lighting solutions, compare features, and read feedback from other customers. This helps make informed purchasing decisions based on the specific requirements of their agricultural operations. With the availability of internet access increasing in rural areas worldwide, buyers will find it easier to buy products online, which will further lead to the growth of the online/e-commerce segment.
“Rising requirement of fresh farm food will tend the horticulture segment to witness highest CAGR during the forecast period”
The horticulture segment is projected to grow at the highest CAGR during the forecast period. Increased food demand across the world with the increasing global population will lead to the growth of this segment. Growth of horticulture lighting in the agricultural lighting market is driven by the growing adoption of controlled environment agriculture, the awareness of crop-specific lighting requirements, advancements in LED technology, the focus on crop quality and yield, market demand for locally grown and specialty crops, environmental benefits and sustainability, technological advances, and government support. These factors collectively contribute to the expanding scope and opportunities in the horticulture lighting sector of the agricultural lighting market.
“Asia Pacific is projected to become the largest geographical market between 2023 and 2028”
APAC is projected to hold the largest market for agricultural lighting market during the forecast period. This can be attributed to its continuously increasing population, leading to rising food demand from Asia Pacific. This has led to an increase in the adoption of advanced farming technologies such as CEA to supply fresh fruits and vegetables throughout the year. The Asia Pacific region has a growing focus on sustainable and eco-friendly agricultural practices. Energy-efficient lighting solutions like LED lights are favored for their reduced energy consumption and lower environmental impact. The alignment of agricultural lighting with sustainability objectives encourages the adoption of such solutions, further driving market growth.
Breakdown of profiles of primary participants:
- By Company: Tier 1 = 35%, Tier 2 = 45%, and Tier 3 = 20%
- By Designation: C-level Executives = 40%, Directors = 35%, and Others (sales, marketing, and product managers, as well as members of various organizations) = 25%
- By Region: Americas = 40%, Europe=30%, Asia Pacific = 20% and RoW=10%
The agricultural lighting market is dominated by a few established players such as Signify Holding (Netherlands), ams-OSRAM GmbH (Germany), Gavita International B.V. (Netherlands), Valoya (Finland), California LightWorks (US), DeLaval (Sweden), CBM Lighting (Canada), Heliospectra AB (Sweden), Hortilux Schr?der (Netherlands).
Research coverage
This report offers detailed insights into the agricultural lighting market based on offering (Hardware, Software, Services), light source (Fluorescent, HID, LED and Others), wattage type (Below 50W, 50 – 150W, Above 150W), sales channel (Retail/Wholesale, Direct Sales, Online/E-commerce), application (Horticulture, Livestock, Aquaculture), installation type (New, Retrofit), and region (North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW) which includes the Middle East, Africa, and South America.
The report also comprehensively reviews market drivers, restraints, opportunities, and challenges in the agricultural lighting market. The report also covers qualitative aspects in addition to the quantitative aspects of these markets.
Reasons to buy the report:
The report will help the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall agricultural lighting market and related segments and sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the agricultural lighting market and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (Strong government support; Heightened demand for fresh food; Increased investments in vertical farms and greenhouses; Widespread use of automated and energy-efficient lighting fixtures to minimize energy costs and regulate plant growth), restraints (High setup and installation costs, Complex requirement for varied light spectra for different crops), opportunities (Consolidating trend of farm-to-table concept, Year-round crop production, Gradual emergence of agriculture lighting software and calculators) and challenges (Effective integration of different components, Lack of standard testing practices).
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the agricultural lighting market
- Market Development: Comprehensive information about lucrative markets – the report analyses the agricultural lighting market across varied regions
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the agricultural lighting market
- Competitive Assessment: In-depth assessment of market shares, growth strategies and product offerings of leading players like Signify Holding (Netherlands), ams-OSRAM GmbH (Germany), Gavita International B.V. (Netherlands), Valoya (Finland), California LightWorks (US), DeLaval (Sweden), CBM Lighting (Canada), Heliospectra AB (Sweden), Hortilux Schr?der (Netherlands) among others.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 MARKET SEGMENTATION
1.3.2 REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.4 CURRENCY
1.5 UNITS CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 IMPACT OF RECESSION
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 AGRICULTURAL LIGHTING MARKET: PROCESS FLOW OF MARKET SIZE ESTIMATION
FIGURE 3 AGRICULTURAL LIGHTING MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 List of key secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Breakdown of primary interviews
2.1.2.2 Key data from primary sources
2.1.2.3 Primary interviews with experts
2.1.3 LIST OF KEY PRIMARY INTERVIEW PARTICIPANTS
2.1.3.1 Key industry insights
2.1.4 SECONDARY AND PRIMARY RESEARCH
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach for calculating market size using bottom-up analysis
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach for calculating market size using top-down analysis
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: DEMAND-SIDE ANALYSIS
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
TABLE 1 ASSUMPTIONS FOR RESEARCH STUDY
2.5 LIMITATIONS
2.6 RISK ASSESSMENT: AGRICULTURAL LIGHTING MARKET
2.7 RECESSION IMPACT
3 EXECUTIVE SUMMARY
FIGURE 9 HARDWARE OFFERING SEGMENT TO ACCOUNT FOR LARGER SHARE OF AGRICULTURAL LIGHTING MARKET
FIGURE 10 LED LIGHT SOURCE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE
FIGURE 11 NEW INSTALLATIONS SEGMENT TO HOLD LARGER MARKET SHARE
FIGURE 12 RETAIL/WHOLESALE SALES CHANNEL TO ACCOUNT FOR LARGEST MARKET SIZE
FIGURE 13 BELOW 50W SEGMENT TO HAVE LARGEST MARKET SHARE, BY WATTAGE TYPE
FIGURE 14 LIVESTOCK APPLICATION TO HOLD LARGEST MARKET SHARE
FIGURE 15 EUROPEAN MARKET TO GROW AT HIGHEST CAGR
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN AGRICULTURAL LIGHTING MARKET
FIGURE 16 INCREASING ADOPTION OF VERTICAL FARMING AND GREENHOUSES TO CREATE GROWTH OPPORTUNITIES IN EUROPEAN MARKET
4.2 AGRICULTURAL LIGHTING MARKET, BY OFFERING
FIGURE 17 SERVICES OFFERING SEGMENT TO ACCOUNT FOR SECOND-LARGEST MARKET SHARE
4.3 AGRICULTURAL LIGHTING MARKET, BY LIGHT SOURCE
FIGURE 18 HID LIGHT SOURCE TO ACCOUNT FOR SECOND-LARGEST LARGEST MARKET SHARE
4.4 ASIA PACIFIC: AGRICULTURAL LIGHTING MARKET, BY APPLICATION AND COUNTRY
FIGURE 19 LIVESTOCK APPLICATION AND CHINA TO ACCOUNT FOR LARGEST SHARES OF AGRICULTURAL LIGHTING MARKET IN ASIA PACIFIC
4.5 AGRICULTURAL LIGHTING MARKET, BY INSTALLATION TYPE
FIGURE 20 RETROFIT INSTALLATIONS TO ACCOUNT FOR INCREASED MARKET SHARE
4.6 AGRICULTURAL LIGHTING MARKET, BY SALES CHANNEL
FIGURE 21 ONLINE/E-COMMERCE SALES CHANNEL TO ACCOUNT FOR INCREASED MARKET SHARE
4.7 AGRICULTURAL LIGHTING MARKET, BY WATTAGE TYPE
FIGURE 22 50-150W SEGMENT TO ACCOUNT FOR SECOND-LARGEST MARKET SHARE, BY WATTAGE TYPE
4.8 AGRICULTURAL LIGHTING MARKET, BY APPLICATION
FIGURE 23 HORTICULTURE APPLICATION SEGMENT TO ACCOUNT FOR HIGHEST CAGR
4.9 AGRICULTURAL LIGHTING MARKET, BY REGION
FIGURE 24 AGRICULTURAL LIGHTING MARKET IN ASIA PACIFIC TO HOLD LARGEST MARKET SHARE
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 25 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN AGRICULTURAL LIGHTING MARKET
5.2.1 DRIVERS
5.2.1.1 Strong governmental support for controlled environment agriculture and adoption of SSL technology
5.2.1.2 Heightened demand for fresh food and loss of arable land
FIGURE 26 POPULATION VS. ARABLE LAND STATISTICS, 1950–2050
5.2.1.3 Increased investments in vertical farms and greenhouses, along with legalization of cannabis cultivation
TABLE 2 LIST OF NOTICEABLE INVESTMENTS IN VERTICAL AND GREENHOUSE FARMING
TABLE 3 REDUCTION IN HARVEST CYCLE USING LED AGRICULTURAL LIGHTING ON CANNABIS STRAINS
5.2.1.4 Extensive deployment of LED fixtures in controlled agricultural environment
TABLE 4 COMPARISON OF TYPICAL SPECIFICATIONS OF LED AND HID
5.2.1.5 Widespread use of automated and energy-efficient lighting fixtures to minimize energy costs and regulate plant growth
FIGURE 27 DRIVERS AND THEIR IMPACT ON AGRICULTURAL LIGHTING
5.2.2 RESTRAINTS
5.2.2.1 High setup and installation costs of LED agriculture lights
5.2.2.2 Complex requirements for varied light spectra for different crops
TABLE 5 STANDARD SPECTRA
FIGURE 28 RESTRAINTS AND THEIR IMPACT ON AGRICULTURAL LIGHTING
5.2.3 OPPORTUNITIES
5.2.3.1 Consolidating trend of farm-to-table concept
5.2.3.2 Promising growth opportunities for vertical farming in Asia and Middle East
5.2.3.3 Year-round crop production, irrespective of weather conditions
5.2.3.4 Gradual emergence of agricultural lighting software and tools
FIGURE 29 OPPORTUNITIES AND THEIR IMPACT ON AGRICULTURAL LIGHTING
5.2.4 CHALLENGES
5.2.4.1 Deployment of controlled environment agriculture technology in large fields and need for technical knowledge
5.2.4.2 Lack of standard testing practices for assessing product quality of agriculture lights and their fixtures
5.2.4.3 Effective integration of different components and technologies used in controlled environment agriculture facilities
FIGURE 30 CHALLENGES AND THEIR IMPACT ON AGRICULTURAL LIGHTING
5.3 VALUE CHAIN ANALYSIS
FIGURE 31 AGRICULTURAL LIGHTING MARKET: VALUE CHAIN ANALYSIS
5.3.1 RESEARCH AND DEVELOPMENT CENTERS
5.3.2 COMPONENT PROVIDERS/INPUT SUPPLIERS
5.3.3 ORIGINAL EQUIPMENT MANUFACTURERS
5.3.4 SYSTEM INTEGRATORS, TECHNOLOGY, AND SERVICE PROVIDERS
5.3.5 DISTRIBUTORS AND SALES PARTNERS
5.3.6 END USERS
5.4 ECOSYSTEM MAPPING: AGRICULTURAL LIGHTING MARKET
FIGURE 32 AGRICULTURAL LIGHTING MARKET: ECOSYSTEM MAPPING
TABLE 6 AGRICULTURAL LIGHTING MARKET ECOSYSTEM MAPPING
5.5 PRICING ANALYSIS: AVERAGE SELLING PRICE TRENDS
5.5.1 PRICING ANALYSIS FOR KEY PLAYERS AND APPLICATION
FIGURE 33 INDICATIVE AVERAGE PRICES OF AGRICULTURAL LIGHTING, 2019–2026
TABLE 7 INDICATIVE PRICES OF AGRICULTURAL LIGHTING FIXTURES
FIGURE 34 AVERAGE SELLING PRICES, BY KEY PLAYER, BY APPLICATION
TABLE 8 AVERAGE SELLING PRICES OF DIFFERENT LIGHT SOURCES, BY KEY PLAYER (USD)
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 35 REVENUE SHIFT FOR AGRICULTURAL LIGHTING
5.7 TECHNOLOGY ANALYSIS
TABLE 9 LEADING TRENDS IN AGRICULTURAL LIGHTING MARKET
5.8 PORTER’S FIVE FORCES ANALYSIS
FIGURE 36 AGRICULTURAL LIGHTING MARKET: PORTER’S FIVE FORCES ANALYSIS
TABLE 10 PORTER’S FIVE FORCES ANALYSIS WITH THEIR IMPACT
5.8.1 INTENSITY OF COMPETITIVE RIVALRY
5.8.2 BARGAINING POWER OF SUPPLIERS
5.8.3 BARGAINING POWER OF BUYERS
5.8.4 THREAT OF SUBSTITUTES
5.8.5 THREAT OF NEW ENTRANTS
5.9 KEY STAKEHOLDERS AND BUYING CRITERIA
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 37 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE APPLICATIONS
TABLE 11 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE APPLICATIONS (%)
5.9.2 BUYING CRITERIA
FIGURE 38 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
TABLE 12 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
5.10 CASE STUDY ANALYSIS
5.10.1 KERNOCK PARK PLANTS
TABLE 13 KERNOCK PARK PLANTS INSTALLED PHILIPS GREENPOWER LED TOPLIGHTING AND PRODUCTION MODULE FROM SIGNIFY HOLDING (NETHERLANDS)
5.10.2 GLENWOOD VALLEY FARMS
TABLE 14 GLENWOOD VALLEY FARMS (CANADA) USED PHILIPS GREENPOWER LED INTERLIGHTING MODULE TO IMPROVE YIELD
5.10.3 GREEN SIMPLICITY
TABLE 15 GREEN SIMPLICITY DEVELOPED SPECIAL RESEARCH GROWING SYSTEMS WITH HELP OF HORTILUX HORTILED MULTI
5.10.4 NS BRANDS
TABLE 16 HELIOSPECTRA AB (SWEDEN) HELPED NS BRANDS (US) WITH GREENHOUSE TOMATO TRIALS
5.11 TRADE ANALYSIS
TABLE 17 IMPORT DATA FOR LAMPS AND LIGHTING FITTINGS, HS CODE: 9405, BY COUNTRY, 2017–2021 (USD MILLION)
FIGURE 39 LAMPS AND LIGHTING FITTINGS, IMPORT VALUES FOR MAJOR COUNTRIES, 2017–2021
TABLE 18 EXPORT DATA FOR LAMPS AND LIGHTING FITTINGS, HS CODE: 9405, BY COUNTRY, 2017–2021 (USD MILLION)
FIGURE 40 LAMPS AND LIGHTING FITTINGS, EXPORT VALUES FOR MAJOR COUNTRIES, 2017–2021
5.12 PATENT ANALYSIS
FIGURE 41 NUMBER OF PATENTS GRANTED FOR AGRICULTURAL LIGHTING MARKET, 2013–2022
FIGURE 42 REGIONAL ANALYSIS OF PATENTS GRANTED FOR AGRICULTURAL LIGHTING MARKET, 2013–2022
TABLE 19 LIST OF FEW PATENTS IN AGRICULTURAL LIGHTING, 2019–2022
TABLE 20 AGRICULTURAL LIGHTING: DETAILED LIST OF CONFERENCES AND EVENTS
5.13 TARIFF AND REGULATORY LANDSCAPE
5.13.1 REGULATIONS: AGRICULTURAL LIGHTING
TABLE 21 REGULATIONS: AGRICULTURAL LIGHTING
5.13.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 22 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 23 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 24 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 25 REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.13.3 STANDARDS
5.13.4 TARIFFS: AGRICULTURAL LIGHTING
6 AGRICULTURAL LIGHTING MARKET, BY OFFERING
6.1 INTRODUCTION
FIGURE 43 AGRICULTURAL LIGHTING MARKET, BY OFFERING
FIGURE 44 HARDWARE SEGMENT TO HOLD LARGER MARKET SIZE
TABLE 26 AGRICULTURAL LIGHTING MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 27 AGRICULTURAL LIGHTING MARKET, BY OFFERING, 2023–2028 (USD MILLION)
6.2 HARDWARE
6.2.1 INCREASED DEMAND FOR LIGHTING TO DRIVE SEGMENT
TABLE 28 HARDWARE: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 29 HARDWARE: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
6.2.2 LIGHTING FIXTURES
6.2.2.1 Lamps
6.2.2.2 Luminaires
6.2.3 LIGHTING CONTROLS
FIGURE 45 LIGHTING FIXTURES TO HAVE LARGER MARKET SHARE IN HARDWARE SEGMENT
TABLE 30 HARDWARE: AGRICULTURAL LIGHTING MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 31 HARDWARE: AGRICULTURAL LIGHTING MARKET, BY TYPE, 2023–2028 (USD MILLION)
6.3 SOFTWARE
6.3.1 INCREASING ADOPTION OF AGRICULTURAL LIGHTING SOFTWARE TO ENSURE SEAMLESS OPERATIONS OF FARMING ACTIVITIES
TABLE 32 SOFTWARE: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 33 SOFTWARE: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
6.4 SERVICES
6.4.1 INSTALLATION, MAINTENANCE, AND MONITORING TO BOOST SEGMENT
TABLE 34 SERVICES: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 35 SERVICES: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
6.4.2 PROFESSIONAL SERVICES
6.4.3 MANAGED SERVICES
TABLE 36 SERVICES: AGRICULTURAL LIGHTING MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 37 SERVICES: AGRICULTURAL LIGHTING MARKET, BY TYPE, 2023–2028 (USD MILLION)
7 AGRICULTURAL LIGHTING MARKET, BY LIGHT SOURCE
7.1 INTRODUCTION
FIGURE 46 AGRICULTURAL LIGHTING MARKET, BY LIGHT SOURCE
FIGURE 47 LED SEGMENT TO GROW AT HIGHEST CAGR FROM 2023 TO 2028
TABLE 38 AGRICULTURAL LIGHTING MARKET, BY LIGHT SOURCE, 2019–2022 (USD MILLION)
TABLE 39 AGRICULTURAL LIGHTING MARKET, BY LIGHT SOURCE, 2023–2028 (USD MILLION)
7.2 FLUORESCENT
7.2.1 INCREASED INDOOR FARMING TO BOOST MARKET
7.2.2 T5 FLUORESCENT LIGHTS
7.2.3 COMPACT FLUORESCENT LAMP (CFL)
TABLE 40 FLUORESCENT LIGHT SOURCE: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 41 FLUORESCENT LIGHT SOURCE: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
7.3 HIGH-INTENSITY DISCHARGE (HID)
7.3.1 HIGH LIGHT OUTPUT IN AQUACULTURE TO INCREASE DEMAND
7.3.2 HIGH-PRESSURE SODIUM (HPS) LAMPS
7.3.3 METAL-HALIDE (MH) LAMPS
TABLE 42 HID LIGHT SOURCE: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 43 HID LIGHT SOURCE: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
7.4 LIGHT-EMITTING DIODE (LED)
7.4.1 LED LIGHTS ADOPTED IN INDOOR FARMING FOR LONG LIFESPAN, SPECTRUM ADJUSTABILITY, AND ENERGY EFFICIENCY
TABLE 44 LED LIGHT SOURCE: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 45 LED LIGHT SOURCE: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
7.5 OTHERS
TABLE 46 OTHER LIGHT SOURCES: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 47 OTHER LIGHT SOURCES: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
8 AGRICULTURAL LIGHTING MARKET, BY WATTAGE TYPE
8.1 INTRODUCTION
FIGURE 48 AGRICULTURAL LIGHTING MARKET, BY WATTAGE TYPE
FIGURE 49 BELOW 50W WATTAGE TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
TABLE 48 AGRICULTURAL LIGHTING MARKET, BY WATTAGE TYPE, 2019–2022 (USD MILLION)
TABLE 49 AGRICULTURAL LIGHTING MARKET, BY WATTAGE TYPE, 2023–2028 (USD MILLION)
8.2 BELOW 50W
8.2.1 EXTENSIVE USE OF LED LIGHTS OF BELOW 50W TO HOLD LARGEST MARKET SHARE
TABLE 50 BELOW 50W: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 51 BELOW 50W: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
8.3 50–150W
8.3.1 REPLACEMENT OF EXPENSIVE METAL HALIDES TO RESULT IN SIGNIFICANT GROWTH OF SEGMENT
TABLE 52 50-150W: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 53 50-150W: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
8.4 ABOVE 150W
8.4.1 INCREASED SAFETY AND REQUIREMENT FOR BRIGHTER ILLUMINATION TO DRIVE MARKET
TABLE 54 ABOVE 150W: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 55 ABOVE 150W: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
9 AGRICULTURAL LIGHTING MARKET, BY INSTALLATION TYPE
9.1 INTRODUCTION
FIGURE 50 AGRICULTURAL LIGHTING MARKET, BY INSTALLATION TYPE
FIGURE 51 NEW INSTALLATION TYPE TO HOLD A LARGER MARKET FOR AGRICULTURAL LIGHTING BETWEEN 2023 AND 2028
TABLE 56 AGRICULTURAL LIGHTING MARKET, BY INSTALLATION TYPE, 2019–2022 (USD MILLION)
TABLE 57 AGRICULTURAL LIGHTING MARKET, BY INSTALLATION TYPE, 2023–2028 (USD MILLION)
9.2 NEW INSTALLATION
9.2.1 INCREASING POPULATION AND DEMAND TO DRIVE MARKET
TABLE 58 NEW INSTALLATION: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 59 NEW INSTALLATION: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
9.3 RETROFIT INSTALLATION
9.3.1 UPCOMING LED TECHNOLOGY TO INCREASE DEMAND
TABLE 60 RETROFIT INSTALLATION: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 61 RETROFIT INSTALLATION: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, BY APPLICATION, 2023–2028 (USD MILLION)
10 AGRICULTURAL LIGHTING MARKET, BY SALES CHANNEL
10.1 INTRODUCTION
FIGURE 52 AGRICULTURAL LIGHTING MARKET, BY SALES CHANNEL
FIGURE 53 ONLINE/E-COMMERCE SALES CHANNEL TO RECORD HIGHEST CAGR IN AGRICULTURAL LIGHTING MARKET
TABLE 62 AGRICULTURAL LIGHTING MARKET, BY SALES CHANNEL, 2019–2022 (USD MILLION)
TABLE 63 AGRICULTURAL LIGHTING MARKET, BY SALES CHANNEL, 2023–2028 (USD MILLION)
10.2 RETAIL/WHOLESALE
10.2.1 MAJOR MARKET SHARE OF RETAIL/WHOLESALE DISTRIBUTION CHANNELS TO DRIVE MARKET
TABLE 64 RETAIL/WHOLESALE: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 65 RETAIL/WHOLESALE: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
10.3 DIRECT SALES/CONTRACT-BASED
10.3.1 LESS INTERFERENCE FROM THIRD PARTIES TO RESULT IN REDUCTION OF PROCUREMENT COSTS
TABLE 66 DIRECT SALES: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 67 DIRECT SALES: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
10.4 ONLINE/E-COMMERCE
10.4.1 E-COMMERCE-BASED FARM LIGHTING SALES TO INCREASE SIGNIFICANTLY
TABLE 68 ONLINE/E-COMMERCE: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 69 ONLINE/E-COMMERCE: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
11 AGRICULTURAL LIGHTING MARKET, BY APPLICATION
11.1 INTRODUCTION
FIGURE 54 AGRICULTURAL LIGHTING MARKET, BY APPLICATION
FIGURE 55 HORTICULTURE TO GROW AT HIGHEST CAGR FROM 2023 TO 2028
TABLE 70 AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 71 AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
11.2 HORTICULTURE
11.2.1 RISING DEMAND FOR FRESH FARM FOOD TO DRIVE MARKET
FIGURE 56 AGRICULTURAL LIGHTING MARKET, BY HORTICULTURE
FIGURE 57 GREENHOUSES SEGMENT TO GROW AT A SIGNIFICANT RATE DURING FORECAST PERIOD
TABLE 72 HORTICULTURE: AGRICULTURAL LIGHTING MARKET: BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 73 HORTICULTURE: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 74 HORTICULTURE: AGRICULTURAL LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 75 HORTICULTURE: AGRICULTURAL LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
TABLE 76 HORTICULTURE: AGRICULTURAL LIGHTING MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 77 HORTICULTURE: AGRICULTURAL LIGHTING MARKET, BY OFFERING, 2023–2028 (USD MILLION)
TABLE 78 HORTICULTURE: AGRICULTURAL LIGHTING MARKET, BY LIGHT SOURCE, 2019–2022 (USD MILLION)
TABLE 79 HORTICULTURE: AGRICULTURAL LIGHTING MARKET, BY LIGHT SOURCE, 2023–2028 (USD MILLION)
TABLE 80 HORTICULTURE: AGRICULTURAL LIGHTING MARKET, BY WATTAGE TYPE, 2019–2022 (USD MILLION)
TABLE 81 HORTICULTURE: AGRICULTURAL LIGHTING MARKET, BY WATTAGE TYPE, 2023–2028 (USD MILLION)
TABLE 82 HORTICULTURE: AGRICULTURAL LIGHTING MARKET, BY INSTALLATION TYPE, 2019–2022 (USD MILLION)
TABLE 83 HORTICULTURE: AGRICULTURAL LIGHTING MARKET, BY INSTALLATION TYPE, 2023–2028 (USD MILLION)
TABLE 84 HORTICULTURE: AGRICULTURAL LIGHTING MARKET, BY SALES CHANNEL, 2019–2022 (USD MILLION)
TABLE 85 HORTICULTURE: AGRICULTURAL LIGHTING MARKET, BY SALES CHANNEL, 2023–2028 (USD MILLION)
11.2.2 GREENHOUSES
TABLE 86 GREENHOUSES: AGRICULTURAL LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 87 GREENHOUSES: AGRICULTURAL LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
11.2.3 VERTICAL FARMS
TABLE 88 VERTICAL FARMS: AGRICULTURAL LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 89 VERTICAL FARMS: AGRICULTURAL LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
11.2.4 OTHERS
11.2.4.1 Indoor farms
11.2.4.2 Cannabis and research applications
TABLE 90 OTHER HORTICULTURE APPLICATIONS: AGRICULTURAL LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 91 OTHER HORTICULTURE APPLICATIONS: AGRICULTURAL LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
11.3 LIVESTOCK
11.3.1 RISING DEMAND FOR MILK, MEAT, AND EGGS TO INCREASE MARKET SHARE
FIGURE 58 AGRICULTURAL LIGHTING MARKET, BY LIVESTOCK
FIGURE 59 CATTLE/DAIRY FARMS TO BE LARGEST LIVESTOCK APPLICATION FOR IN 2023
TABLE 92 LIVESTOCK: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 93 LIVESTOCK: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 94 LIVESTOCK: AGRICULTURAL LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 95 LIVESTOCK: AGRICULTURAL LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
TABLE 96 LIVESTOCK: AGRICULTURAL LIGHTING MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 97 LIVESTOCK: AGRICULTURAL LIGHTING MARKET, BY OFFERING, 2023–2028 (USD MILLION)
TABLE 98 LIVESTOCK: AGRICULTURAL LIGHTING MARKET, BY LIGHT SOURCE, 2019–2022 (USD MILLION)
TABLE 99 LIVESTOCK: AGRICULTURAL LIGHTING MARKET, BY LIGHT SOURCE, 2023–2028 (USD MILLION)
TABLE 100 LIVESTOCK: AGRICULTURAL LIGHTING MARKET, BY WATTAGE TYPE, 2019–2022 (USD MILLION)
TABLE 101 LIVESTOCK: AGRICULTURAL LIGHTING MARKET, BY WATTAGE TYPE, 2023–2028 (USD MILLION)
TABLE 102 LIVESTOCK: AGRICULTURAL LIGHTING MARKET, BY INSTALLATION TYPE, 2019–2022 (USD MILLION)
TABLE 103 LIVESTOCK: AGRICULTURAL LIGHTING MARKET, BY INSTALLATION TYPE, 2023–2028 (USD MILLION)
TABLE 104 LIVESTOCK: AGRICULTURAL LIGHTING MARKET, BY SALES CHANNEL, 2019–2022 (USD MILLION)
TABLE 105 LIVESTOCK: AGRICULTURAL LIGHTING MARKET, BY SALES CHANNEL, 2023–2028 (USD MILLION)
11.3.2 CATTLE/DAIRY FARMS
TABLE 106 RECOMMENDED LIGHT LEVELS FOR DAIRY
TABLE 107 CATTLE/DAIRY FARMS: AGRICULTURAL LIGHTING MARKET: BY REGION, 2019–2022 (USD MILLION)
TABLE 108 CATTLE/DAIRY FARMS: AGRICULTURAL LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
11.3.3 SWINE FARMS
TABLE 109 RECOMMENDED LIGHT INTENSITY AND PHOTOPERIOD FOR SWINE
TABLE 110 SWINE FARMS: AGRICULTURAL LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 111 SWINE FARMS: AGRICULTURAL LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
11.3.4 POULTRY FARMS
TABLE 112 POULTRY FARMS: AGRICULTURAL LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 113 POULTRY FARMS: AGRICULTURAL LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
11.4 AQUACULTURE
11.4.1 INCREASED DEMAND FOR FARMED FISH TO CREATE SIGNIFICANT DEMAND
TABLE 114 AQUACULTURE: AGRICULTURAL LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 115 AQUACULTURE: AGRICULTURAL LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
TABLE 116 AQUACULTURE: AGRICULTURAL LIGHTING MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 117 AQUACULTURE: AGRICULTURAL LIGHTING MARKET, BY OFFERING, 2023–2028 (USD MILLION)
TABLE 118 AQUACULTURE: AGRICULTURAL LIGHTING MARKET, BY LIGHT SOURCE, 2019–2022 (USD MILLION)
TABLE 119 AQUACULTURE: AGRICULTURAL LIGHTING MARKET, BY LIGHT SOURCE, 2023–2028 (USD MILLION)
TABLE 120 AQUACULTURE: AGRICULTURAL LIGHTING MARKET, BY WATTAGE TYPE, 2019–2022 (USD MILLION)
TABLE 121 AQUACULTURE: AGRICULTURAL LIGHTING MARKET, BY WATTAGE TYPE, 2023–2028 (USD MILLION)
TABLE 122 AQUACULTURE: AGRICULTURAL LIGHTING MARKET, BY INSTALLATION TYPE, 2019–2022 (USD MILLION)
TABLE 123 AQUACULTURE: AGRICULTURAL LIGHTING MARKET, BY INSTALLATION TYPE, 2023–2028 (USD MILLION)
TABLE 124 AQUACULTURE: AGRICULTURAL LIGHTING MARKET, BY SALES CHANNEL, 2019–2022 (USD MILLION)
TABLE 125 AQUACULTURE: AGRICULTURAL LIGHTING MARKET, BY SALES CHANNEL, 2023–2028 (USD MILLION)
12 AGRICULTURAL LIGHTING MARKET, BY REGION
12.1 INTRODUCTION
FIGURE 60 AGRICULTURAL LIGHTING MARKET, BY REGION
FIGURE 61 AGRICULTURAL LIGHTING MARKET, BY COUNTRY/REGION
TABLE 126 AGRICULTURAL LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 127 AGRICULTURAL LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
12.2 AMERICAS
FIGURE 62 AMERICAS: AGRICULTURAL LIGHTING MARKET SNAPSHOT
TABLE 128 AMERICAS: AGRICULTURAL LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 129 AMERICAS: AGRICULTURAL LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
TABLE 130 AMERICAS: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 131 AMERICAS: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
12.2.1 NORTH AMERICA
FIGURE 63 MEXICO TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
TABLE 132 NORTH AMERICA: AGRICULTURAL LIGHTING MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 133 NORTH AMERICA: AGRICULTURAL LIGHTING MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
12.2.1.1 US
12.2.1.1.1 Increasing number of vertical farms to drive market
12.2.1.2 Canada
12.2.1.2.1 Unfavorable climatic conditions necessitate adoption of agricultural lighting
12.2.1.3 Mexico
12.2.1.3.1 Growing population and scarcity of resources to fuel adoption of agricultural lighting
12.2.2 SOUTH AMERICA
FIGURE 64 AGRICULTURAL LIGHTING MARKET: SOUTH AMERICA, BY COUNTRY
TABLE 134 SOUTH AMERICA: AGRICULTURAL LIGHTING MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 135 SOUTH AMERICA: AGRICULTURAL LIGHTING MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
12.2.2.1 Brazil
12.2.2.1.1 Increasing greenhouses in region to fuel market demand
12.2.2.2 Argentina
12.2.2.2.1 Land scarcity to drive demand for effective lighting and modern agricultural techniques
12.2.2.3 Rest of South America
12.2.3 IMPACT OF RECESSION ON AMERICAS
12.3 EUROPE
FIGURE 65 EUROPE: AGRICULTURAL LIGHTING MARKET SNAPSHOT
TABLE 136 EUROPE: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 137 EUROPE: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 138 EUROPE: AGRICULTURAL LIGHTING MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 139 EUROPE: AGRICULTURAL LIGHTING MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
12.3.1 UK
12.3.1.1 Increasing vertical farms and greenhouses to fuel demand for agricultural lighting
12.3.2 GERMANY
12.3.2.1 Presence of prominent agricultural lighting players to fuel market demand
12.3.3 FRANCE
12.3.3.1 High potential growth in aquaculture to boost market
12.3.4 NETHERLANDS
12.3.4.1 Presence of established greenhouses to support market growth
12.3.5 SPAIN
12.3.5.1 Increased greenhouse production to boost demand
12.3.6 REST OF EUROPE
12.3.7 IMPACT OF RECESSION ON EUROPE
12.4 ASIA PACIFIC
FIGURE 66 ASIA PACIFIC: AGRICULTURAL LIGHTING MARKET SNAPSHOT
TABLE 140 ASIA PACIFIC: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 141 ASIA PACIFIC: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 142 ASIA PACIFIC: AGRICULTURAL LIGHTING MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 143 ASIA PACIFIC: AGRICULTURAL LIGHTING MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
12.4.1 CHINA
12.4.1.1 Affordability and availability of LED lighting systems to fuel demand
12.4.2 JAPAN
12.4.2.1 Rising adoption of urban farming practices to encourage use of agricultural lights
12.4.3 INDIA
12.4.3.1 High adoption rate for greenhouses and vertical farms to drive market
12.4.4 SOUTH KOREA
12.4.4.1 Adoption of advanced aquaculture technologies to drive market
12.4.5 AUSTRALIA
12.4.5.1 Legalization of cannabis cultivation, along with less rainfall, to drive market
12.4.6 REST OF ASIA PACIFIC
12.4.7 IMPACT OF RECESSION ON ASIA PACIFIC
12.5 REST OF THE WORLD (ROW)
TABLE 144 REST OF THE WORLD: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 145 REST OF THE WORLD: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
FIGURE 67 REST OF THE WORLD: AGRICULTURAL LIGHTING MARKET, BY REGION
TABLE 146 REST OF THE WORLD: AGRICULTURAL LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 147 REST OF THE WORLD: AGRICULTURAL LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
12.5.1 MIDDLE EAST
12.5.1.1 Increasing investments for local food production to boost market
12.5.2 AFRICA
12.5.2.1 Unfavorable climatic conditions to increase adoption of agricultural lighting
12.5.3 IMPACT OF RECESSION ON REST OF THE WORLD
13 COMPETITIVE LANDSCAPE
13.1 INTRODUCTION
13.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
TABLE 148 OVERVIEW OF STRATEGIES DEPLOYED BY AGRICULTURAL LIGHTING MARKET PLAYERS
13.2.1 PRODUCT PORTFOLIO
13.2.2 REGIONAL FOCUS
13.2.3 MANUFACTURING FOOTPRINT
13.2.4 ORGANIC/INORGANIC GROWTH STRATEGIES
13.3 MARKET SHARE ANALYSIS
TABLE 149 AGRICULTURAL LIGHTING MARKET: INTENSITY OF COMPETITIVE RIVALRY, 2022
13.4 REVENUE ANALYSIS OF TOP PLAYERS
FIGURE 68 FIVE-YEAR REVENUE ANALYSIS OF LEADING MARKET PLAYERS (2018–2022)
13.5 COMPANY EVALUATION MATRIX
13.5.1 STARS
13.5.2 EMERGING LEADERS
13.5.3 PERVASIVE PLAYERS
13.5.4 PARTICIPANTS
FIGURE 69 AGRICULTURAL LIGHTING MARKET (GLOBAL): COMPANY EVALUATION MATRIX, 2022
TABLE 150 COMPANY FOOTPRINT
TABLE 151 APPLICATION FOOTPRINT
TABLE 152 COMPANY OFFERING FOOTPRINT
TABLE 153 COMPANY REGION FOOTPRINT
13.6 COMPETITIVE BENCHMARKING
13.6.1 STARTUP EVALUATION MATRIX: AGRICULTURAL LIGHTING MARKET
TABLE 154 AGRICULTURAL LIGHTING MARKET: DETAILED LIST OF KEY SMALL AND MEDIUM-SIZED ENTERPRISES (SMES)
TABLE 155 AGRICULTURAL LIGHTING MARKET: COMPETITIVE BENCHMARKING OF KEY SMES
13.7 SME EVALUATION MATRIX
13.7.1 PROGRESSIVE COMPANIES
13.7.2 RESPONSIVE COMPANIES
13.7.3 DYNAMIC COMPANIES
13.7.4 STARTING BLOCKS
FIGURE 70 AGRICULTURAL LIGHTING MARKET (GLOBAL): SME EVALUATION MATRIX, 2022
13.8 COMPETITIVE SCENARIO
13.8.1 PRODUCT LAUNCHES
TABLE 156 AGRICULTURAL LIGHTING MARKET: PRODUCT LAUNCHES AND DEVELOPMENTS, JANUARY 2020 –MAY 2023
13.8.2 DEALS
TABLE 157 AGRICULTURAL LIGHTING MARKET: DEALS, JANUARY 2020–MAY 2023
13.8.3 OTHERS
TABLE 158 AGRICULTURAL LIGHTING MARKET: OTHERS, JANUARY 2020–MAY 2023
14 COMPANY PROFILES
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
14.1 KEY PLAYERS
14.1.1 SIGNIFY HOLDING
TABLE 159 SIGNIFY HOLDING: COMPANY OVERVIEW
FIGURE 71 SIGNIFY HOLDING: COMPANY SNAPSHOT
14.1.2 DELAVAL
TABLE 160 DELAVAL: COMPANY OVERVIEW
FIGURE 72 DELAVAL: COMPANY SNAPSHOT
14.1.3 LELY
TABLE 161 LELY: COMPANY OVERVIEW
14.1.4 SUNBIRD
TABLE 162 SUNBIRD: COMPANY OVERVIEW
14.1.5 CBM LIGHTING
TABLE 163 CBM LIGHTING: COMPANY OVERVIEW
14.1.6 ONCE
TABLE 164 ONCE: COMPANY OVERVIEW
14.1.7 HATO AGRICULTURAL LIGHTING
TABLE 165 HATO AGRICULTURAL LIGHTING: COMPANY OVERVIEW
14.1.8 AKVA GROUP
TABLE 166 AKVA GROUP: COMPANY OVERVIEW
FIGURE 73 AKVA GROUP: COMPANY SNAPSHOT
14.1.9 GAVITA INTERNATIONAL B.V.
TABLE 167 GAVITA INTERNATIONAL B.V.: COMPANY OVERVIEW
14.1.10 AMS-OSRAM AG (PART OF AMS AG)
TABLE 168 AMS-OSRAM AG: COMPANY OVERVIEW
FIGURE 74 AMS-OSRAM AG: COMPANY SNAPSHOT
14.1.11 HELIOSPECTRA AB
TABLE 169 HELIOSPECTRA AB: COMPANY OVERVIEW
FIGURE 75 HELIOSPECTRA AB: COMPANY SNAPSHOT
14.1.12 CALIFORNIA LIGHTWORKS
TABLE 170 CALIFORNIA LIGHTWORKS: COMPANY OVERVIEW
14.1.13 HORTILUX SCHR?DER (DOOL INDUSTRIES)
TABLE 171 HORTILUX SCHR?DER: COMPANY OVERVIEW
14.1.14 VALOYA
TABLE 172 VALOYA: COMPANY OVERVIEW
14.2 OTHER PLAYERS
14.2.1 HUBBELL
14.2.2 SAMSUNG
14.2.3 FIENHAGE POULTRY SOLUTIONS
14.2.4 UNI-LIGHTLED LED
14.2.5 HELIO LED LIGHTING
14.2.6 ADOLF SCHUCH GMBH
14.2.7 PLANET LIGHTING
14.2.8 ARUNA LIGHTING
14.2.9 BIG DUTCHMAN
14.2.10 SHENZHEN HONTECH-WINS ELECTRONICS CO., LTD
14.2.11 LUMINUS, INC.
14.2.12 NICHIA CORPORATION
14.2.13 EVERLIGHT ELECTRONICS CO., LTD.
14.2.14 ILLUMINAR LIGHTING
14.2.15 CREE LIGHTING
14.2.16 GE LIGHTING, A SAVANT COMPANY
14.2.17 ILLUMITEX
14.2.18 SENMATIC
14.2.19 OREON
14.2.20 FLUENCE
14.2.21 APACHE TECH, INC.
14.2.22 BIOLOGICAL INNOVATION AND OPTIMIZATION SYSTEMS, LLC.
(BIOS LIGHTING)
14.2.23 EYE HORTILUX
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
15 APPENDIX
15.1 DISCUSSION GUIDE
15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.3 CUSTOMIZATION OPTIONS
15.4 RELATED REPORTS
15.5 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 MARKET SEGMENTATION
1.3.2 REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.4 CURRENCY
1.5 UNITS CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 IMPACT OF RECESSION
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 AGRICULTURAL LIGHTING MARKET: PROCESS FLOW OF MARKET SIZE ESTIMATION
FIGURE 3 AGRICULTURAL LIGHTING MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 List of key secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Breakdown of primary interviews
2.1.2.2 Key data from primary sources
2.1.2.3 Primary interviews with experts
2.1.3 LIST OF KEY PRIMARY INTERVIEW PARTICIPANTS
2.1.3.1 Key industry insights
2.1.4 SECONDARY AND PRIMARY RESEARCH
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach for calculating market size using bottom-up analysis
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach for calculating market size using top-down analysis
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: DEMAND-SIDE ANALYSIS
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
TABLE 1 ASSUMPTIONS FOR RESEARCH STUDY
2.5 LIMITATIONS
2.6 RISK ASSESSMENT: AGRICULTURAL LIGHTING MARKET
2.7 RECESSION IMPACT
3 EXECUTIVE SUMMARY
FIGURE 9 HARDWARE OFFERING SEGMENT TO ACCOUNT FOR LARGER SHARE OF AGRICULTURAL LIGHTING MARKET
FIGURE 10 LED LIGHT SOURCE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE
FIGURE 11 NEW INSTALLATIONS SEGMENT TO HOLD LARGER MARKET SHARE
FIGURE 12 RETAIL/WHOLESALE SALES CHANNEL TO ACCOUNT FOR LARGEST MARKET SIZE
FIGURE 13 BELOW 50W SEGMENT TO HAVE LARGEST MARKET SHARE, BY WATTAGE TYPE
FIGURE 14 LIVESTOCK APPLICATION TO HOLD LARGEST MARKET SHARE
FIGURE 15 EUROPEAN MARKET TO GROW AT HIGHEST CAGR
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN AGRICULTURAL LIGHTING MARKET
FIGURE 16 INCREASING ADOPTION OF VERTICAL FARMING AND GREENHOUSES TO CREATE GROWTH OPPORTUNITIES IN EUROPEAN MARKET
4.2 AGRICULTURAL LIGHTING MARKET, BY OFFERING
FIGURE 17 SERVICES OFFERING SEGMENT TO ACCOUNT FOR SECOND-LARGEST MARKET SHARE
4.3 AGRICULTURAL LIGHTING MARKET, BY LIGHT SOURCE
FIGURE 18 HID LIGHT SOURCE TO ACCOUNT FOR SECOND-LARGEST LARGEST MARKET SHARE
4.4 ASIA PACIFIC: AGRICULTURAL LIGHTING MARKET, BY APPLICATION AND COUNTRY
FIGURE 19 LIVESTOCK APPLICATION AND CHINA TO ACCOUNT FOR LARGEST SHARES OF AGRICULTURAL LIGHTING MARKET IN ASIA PACIFIC
4.5 AGRICULTURAL LIGHTING MARKET, BY INSTALLATION TYPE
FIGURE 20 RETROFIT INSTALLATIONS TO ACCOUNT FOR INCREASED MARKET SHARE
4.6 AGRICULTURAL LIGHTING MARKET, BY SALES CHANNEL
FIGURE 21 ONLINE/E-COMMERCE SALES CHANNEL TO ACCOUNT FOR INCREASED MARKET SHARE
4.7 AGRICULTURAL LIGHTING MARKET, BY WATTAGE TYPE
FIGURE 22 50-150W SEGMENT TO ACCOUNT FOR SECOND-LARGEST MARKET SHARE, BY WATTAGE TYPE
4.8 AGRICULTURAL LIGHTING MARKET, BY APPLICATION
FIGURE 23 HORTICULTURE APPLICATION SEGMENT TO ACCOUNT FOR HIGHEST CAGR
4.9 AGRICULTURAL LIGHTING MARKET, BY REGION
FIGURE 24 AGRICULTURAL LIGHTING MARKET IN ASIA PACIFIC TO HOLD LARGEST MARKET SHARE
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 25 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN AGRICULTURAL LIGHTING MARKET
5.2.1 DRIVERS
5.2.1.1 Strong governmental support for controlled environment agriculture and adoption of SSL technology
5.2.1.2 Heightened demand for fresh food and loss of arable land
FIGURE 26 POPULATION VS. ARABLE LAND STATISTICS, 1950–2050
5.2.1.3 Increased investments in vertical farms and greenhouses, along with legalization of cannabis cultivation
TABLE 2 LIST OF NOTICEABLE INVESTMENTS IN VERTICAL AND GREENHOUSE FARMING
TABLE 3 REDUCTION IN HARVEST CYCLE USING LED AGRICULTURAL LIGHTING ON CANNABIS STRAINS
5.2.1.4 Extensive deployment of LED fixtures in controlled agricultural environment
TABLE 4 COMPARISON OF TYPICAL SPECIFICATIONS OF LED AND HID
5.2.1.5 Widespread use of automated and energy-efficient lighting fixtures to minimize energy costs and regulate plant growth
FIGURE 27 DRIVERS AND THEIR IMPACT ON AGRICULTURAL LIGHTING
5.2.2 RESTRAINTS
5.2.2.1 High setup and installation costs of LED agriculture lights
5.2.2.2 Complex requirements for varied light spectra for different crops
TABLE 5 STANDARD SPECTRA
FIGURE 28 RESTRAINTS AND THEIR IMPACT ON AGRICULTURAL LIGHTING
5.2.3 OPPORTUNITIES
5.2.3.1 Consolidating trend of farm-to-table concept
5.2.3.2 Promising growth opportunities for vertical farming in Asia and Middle East
5.2.3.3 Year-round crop production, irrespective of weather conditions
5.2.3.4 Gradual emergence of agricultural lighting software and tools
FIGURE 29 OPPORTUNITIES AND THEIR IMPACT ON AGRICULTURAL LIGHTING
5.2.4 CHALLENGES
5.2.4.1 Deployment of controlled environment agriculture technology in large fields and need for technical knowledge
5.2.4.2 Lack of standard testing practices for assessing product quality of agriculture lights and their fixtures
5.2.4.3 Effective integration of different components and technologies used in controlled environment agriculture facilities
FIGURE 30 CHALLENGES AND THEIR IMPACT ON AGRICULTURAL LIGHTING
5.3 VALUE CHAIN ANALYSIS
FIGURE 31 AGRICULTURAL LIGHTING MARKET: VALUE CHAIN ANALYSIS
5.3.1 RESEARCH AND DEVELOPMENT CENTERS
5.3.2 COMPONENT PROVIDERS/INPUT SUPPLIERS
5.3.3 ORIGINAL EQUIPMENT MANUFACTURERS
5.3.4 SYSTEM INTEGRATORS, TECHNOLOGY, AND SERVICE PROVIDERS
5.3.5 DISTRIBUTORS AND SALES PARTNERS
5.3.6 END USERS
5.4 ECOSYSTEM MAPPING: AGRICULTURAL LIGHTING MARKET
FIGURE 32 AGRICULTURAL LIGHTING MARKET: ECOSYSTEM MAPPING
TABLE 6 AGRICULTURAL LIGHTING MARKET ECOSYSTEM MAPPING
5.5 PRICING ANALYSIS: AVERAGE SELLING PRICE TRENDS
5.5.1 PRICING ANALYSIS FOR KEY PLAYERS AND APPLICATION
FIGURE 33 INDICATIVE AVERAGE PRICES OF AGRICULTURAL LIGHTING, 2019–2026
TABLE 7 INDICATIVE PRICES OF AGRICULTURAL LIGHTING FIXTURES
FIGURE 34 AVERAGE SELLING PRICES, BY KEY PLAYER, BY APPLICATION
TABLE 8 AVERAGE SELLING PRICES OF DIFFERENT LIGHT SOURCES, BY KEY PLAYER (USD)
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 35 REVENUE SHIFT FOR AGRICULTURAL LIGHTING
5.7 TECHNOLOGY ANALYSIS
TABLE 9 LEADING TRENDS IN AGRICULTURAL LIGHTING MARKET
5.8 PORTER’S FIVE FORCES ANALYSIS
FIGURE 36 AGRICULTURAL LIGHTING MARKET: PORTER’S FIVE FORCES ANALYSIS
TABLE 10 PORTER’S FIVE FORCES ANALYSIS WITH THEIR IMPACT
5.8.1 INTENSITY OF COMPETITIVE RIVALRY
5.8.2 BARGAINING POWER OF SUPPLIERS
5.8.3 BARGAINING POWER OF BUYERS
5.8.4 THREAT OF SUBSTITUTES
5.8.5 THREAT OF NEW ENTRANTS
5.9 KEY STAKEHOLDERS AND BUYING CRITERIA
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 37 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE APPLICATIONS
TABLE 11 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE APPLICATIONS (%)
5.9.2 BUYING CRITERIA
FIGURE 38 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
TABLE 12 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
5.10 CASE STUDY ANALYSIS
5.10.1 KERNOCK PARK PLANTS
TABLE 13 KERNOCK PARK PLANTS INSTALLED PHILIPS GREENPOWER LED TOPLIGHTING AND PRODUCTION MODULE FROM SIGNIFY HOLDING (NETHERLANDS)
5.10.2 GLENWOOD VALLEY FARMS
TABLE 14 GLENWOOD VALLEY FARMS (CANADA) USED PHILIPS GREENPOWER LED INTERLIGHTING MODULE TO IMPROVE YIELD
5.10.3 GREEN SIMPLICITY
TABLE 15 GREEN SIMPLICITY DEVELOPED SPECIAL RESEARCH GROWING SYSTEMS WITH HELP OF HORTILUX HORTILED MULTI
5.10.4 NS BRANDS
TABLE 16 HELIOSPECTRA AB (SWEDEN) HELPED NS BRANDS (US) WITH GREENHOUSE TOMATO TRIALS
5.11 TRADE ANALYSIS
TABLE 17 IMPORT DATA FOR LAMPS AND LIGHTING FITTINGS, HS CODE: 9405, BY COUNTRY, 2017–2021 (USD MILLION)
FIGURE 39 LAMPS AND LIGHTING FITTINGS, IMPORT VALUES FOR MAJOR COUNTRIES, 2017–2021
TABLE 18 EXPORT DATA FOR LAMPS AND LIGHTING FITTINGS, HS CODE: 9405, BY COUNTRY, 2017–2021 (USD MILLION)
FIGURE 40 LAMPS AND LIGHTING FITTINGS, EXPORT VALUES FOR MAJOR COUNTRIES, 2017–2021
5.12 PATENT ANALYSIS
FIGURE 41 NUMBER OF PATENTS GRANTED FOR AGRICULTURAL LIGHTING MARKET, 2013–2022
FIGURE 42 REGIONAL ANALYSIS OF PATENTS GRANTED FOR AGRICULTURAL LIGHTING MARKET, 2013–2022
TABLE 19 LIST OF FEW PATENTS IN AGRICULTURAL LIGHTING, 2019–2022
TABLE 20 AGRICULTURAL LIGHTING: DETAILED LIST OF CONFERENCES AND EVENTS
5.13 TARIFF AND REGULATORY LANDSCAPE
5.13.1 REGULATIONS: AGRICULTURAL LIGHTING
TABLE 21 REGULATIONS: AGRICULTURAL LIGHTING
5.13.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 22 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 23 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 24 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 25 REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.13.3 STANDARDS
5.13.4 TARIFFS: AGRICULTURAL LIGHTING
6 AGRICULTURAL LIGHTING MARKET, BY OFFERING
6.1 INTRODUCTION
FIGURE 43 AGRICULTURAL LIGHTING MARKET, BY OFFERING
FIGURE 44 HARDWARE SEGMENT TO HOLD LARGER MARKET SIZE
TABLE 26 AGRICULTURAL LIGHTING MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 27 AGRICULTURAL LIGHTING MARKET, BY OFFERING, 2023–2028 (USD MILLION)
6.2 HARDWARE
6.2.1 INCREASED DEMAND FOR LIGHTING TO DRIVE SEGMENT
TABLE 28 HARDWARE: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 29 HARDWARE: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
6.2.2 LIGHTING FIXTURES
6.2.2.1 Lamps
6.2.2.2 Luminaires
6.2.3 LIGHTING CONTROLS
FIGURE 45 LIGHTING FIXTURES TO HAVE LARGER MARKET SHARE IN HARDWARE SEGMENT
TABLE 30 HARDWARE: AGRICULTURAL LIGHTING MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 31 HARDWARE: AGRICULTURAL LIGHTING MARKET, BY TYPE, 2023–2028 (USD MILLION)
6.3 SOFTWARE
6.3.1 INCREASING ADOPTION OF AGRICULTURAL LIGHTING SOFTWARE TO ENSURE SEAMLESS OPERATIONS OF FARMING ACTIVITIES
TABLE 32 SOFTWARE: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 33 SOFTWARE: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
6.4 SERVICES
6.4.1 INSTALLATION, MAINTENANCE, AND MONITORING TO BOOST SEGMENT
TABLE 34 SERVICES: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 35 SERVICES: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
6.4.2 PROFESSIONAL SERVICES
6.4.3 MANAGED SERVICES
TABLE 36 SERVICES: AGRICULTURAL LIGHTING MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 37 SERVICES: AGRICULTURAL LIGHTING MARKET, BY TYPE, 2023–2028 (USD MILLION)
7 AGRICULTURAL LIGHTING MARKET, BY LIGHT SOURCE
7.1 INTRODUCTION
FIGURE 46 AGRICULTURAL LIGHTING MARKET, BY LIGHT SOURCE
FIGURE 47 LED SEGMENT TO GROW AT HIGHEST CAGR FROM 2023 TO 2028
TABLE 38 AGRICULTURAL LIGHTING MARKET, BY LIGHT SOURCE, 2019–2022 (USD MILLION)
TABLE 39 AGRICULTURAL LIGHTING MARKET, BY LIGHT SOURCE, 2023–2028 (USD MILLION)
7.2 FLUORESCENT
7.2.1 INCREASED INDOOR FARMING TO BOOST MARKET
7.2.2 T5 FLUORESCENT LIGHTS
7.2.3 COMPACT FLUORESCENT LAMP (CFL)
TABLE 40 FLUORESCENT LIGHT SOURCE: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 41 FLUORESCENT LIGHT SOURCE: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
7.3 HIGH-INTENSITY DISCHARGE (HID)
7.3.1 HIGH LIGHT OUTPUT IN AQUACULTURE TO INCREASE DEMAND
7.3.2 HIGH-PRESSURE SODIUM (HPS) LAMPS
7.3.3 METAL-HALIDE (MH) LAMPS
TABLE 42 HID LIGHT SOURCE: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 43 HID LIGHT SOURCE: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
7.4 LIGHT-EMITTING DIODE (LED)
7.4.1 LED LIGHTS ADOPTED IN INDOOR FARMING FOR LONG LIFESPAN, SPECTRUM ADJUSTABILITY, AND ENERGY EFFICIENCY
TABLE 44 LED LIGHT SOURCE: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 45 LED LIGHT SOURCE: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
7.5 OTHERS
TABLE 46 OTHER LIGHT SOURCES: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 47 OTHER LIGHT SOURCES: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
8 AGRICULTURAL LIGHTING MARKET, BY WATTAGE TYPE
8.1 INTRODUCTION
FIGURE 48 AGRICULTURAL LIGHTING MARKET, BY WATTAGE TYPE
FIGURE 49 BELOW 50W WATTAGE TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
TABLE 48 AGRICULTURAL LIGHTING MARKET, BY WATTAGE TYPE, 2019–2022 (USD MILLION)
TABLE 49 AGRICULTURAL LIGHTING MARKET, BY WATTAGE TYPE, 2023–2028 (USD MILLION)
8.2 BELOW 50W
8.2.1 EXTENSIVE USE OF LED LIGHTS OF BELOW 50W TO HOLD LARGEST MARKET SHARE
TABLE 50 BELOW 50W: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 51 BELOW 50W: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
8.3 50–150W
8.3.1 REPLACEMENT OF EXPENSIVE METAL HALIDES TO RESULT IN SIGNIFICANT GROWTH OF SEGMENT
TABLE 52 50-150W: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 53 50-150W: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
8.4 ABOVE 150W
8.4.1 INCREASED SAFETY AND REQUIREMENT FOR BRIGHTER ILLUMINATION TO DRIVE MARKET
TABLE 54 ABOVE 150W: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 55 ABOVE 150W: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
9 AGRICULTURAL LIGHTING MARKET, BY INSTALLATION TYPE
9.1 INTRODUCTION
FIGURE 50 AGRICULTURAL LIGHTING MARKET, BY INSTALLATION TYPE
FIGURE 51 NEW INSTALLATION TYPE TO HOLD A LARGER MARKET FOR AGRICULTURAL LIGHTING BETWEEN 2023 AND 2028
TABLE 56 AGRICULTURAL LIGHTING MARKET, BY INSTALLATION TYPE, 2019–2022 (USD MILLION)
TABLE 57 AGRICULTURAL LIGHTING MARKET, BY INSTALLATION TYPE, 2023–2028 (USD MILLION)
9.2 NEW INSTALLATION
9.2.1 INCREASING POPULATION AND DEMAND TO DRIVE MARKET
TABLE 58 NEW INSTALLATION: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 59 NEW INSTALLATION: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
9.3 RETROFIT INSTALLATION
9.3.1 UPCOMING LED TECHNOLOGY TO INCREASE DEMAND
TABLE 60 RETROFIT INSTALLATION: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 61 RETROFIT INSTALLATION: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, BY APPLICATION, 2023–2028 (USD MILLION)
10 AGRICULTURAL LIGHTING MARKET, BY SALES CHANNEL
10.1 INTRODUCTION
FIGURE 52 AGRICULTURAL LIGHTING MARKET, BY SALES CHANNEL
FIGURE 53 ONLINE/E-COMMERCE SALES CHANNEL TO RECORD HIGHEST CAGR IN AGRICULTURAL LIGHTING MARKET
TABLE 62 AGRICULTURAL LIGHTING MARKET, BY SALES CHANNEL, 2019–2022 (USD MILLION)
TABLE 63 AGRICULTURAL LIGHTING MARKET, BY SALES CHANNEL, 2023–2028 (USD MILLION)
10.2 RETAIL/WHOLESALE
10.2.1 MAJOR MARKET SHARE OF RETAIL/WHOLESALE DISTRIBUTION CHANNELS TO DRIVE MARKET
TABLE 64 RETAIL/WHOLESALE: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 65 RETAIL/WHOLESALE: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
10.3 DIRECT SALES/CONTRACT-BASED
10.3.1 LESS INTERFERENCE FROM THIRD PARTIES TO RESULT IN REDUCTION OF PROCUREMENT COSTS
TABLE 66 DIRECT SALES: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 67 DIRECT SALES: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
10.4 ONLINE/E-COMMERCE
10.4.1 E-COMMERCE-BASED FARM LIGHTING SALES TO INCREASE SIGNIFICANTLY
TABLE 68 ONLINE/E-COMMERCE: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 69 ONLINE/E-COMMERCE: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
11 AGRICULTURAL LIGHTING MARKET, BY APPLICATION
11.1 INTRODUCTION
FIGURE 54 AGRICULTURAL LIGHTING MARKET, BY APPLICATION
FIGURE 55 HORTICULTURE TO GROW AT HIGHEST CAGR FROM 2023 TO 2028
TABLE 70 AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 71 AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
11.2 HORTICULTURE
11.2.1 RISING DEMAND FOR FRESH FARM FOOD TO DRIVE MARKET
FIGURE 56 AGRICULTURAL LIGHTING MARKET, BY HORTICULTURE
FIGURE 57 GREENHOUSES SEGMENT TO GROW AT A SIGNIFICANT RATE DURING FORECAST PERIOD
TABLE 72 HORTICULTURE: AGRICULTURAL LIGHTING MARKET: BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 73 HORTICULTURE: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 74 HORTICULTURE: AGRICULTURAL LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 75 HORTICULTURE: AGRICULTURAL LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
TABLE 76 HORTICULTURE: AGRICULTURAL LIGHTING MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 77 HORTICULTURE: AGRICULTURAL LIGHTING MARKET, BY OFFERING, 2023–2028 (USD MILLION)
TABLE 78 HORTICULTURE: AGRICULTURAL LIGHTING MARKET, BY LIGHT SOURCE, 2019–2022 (USD MILLION)
TABLE 79 HORTICULTURE: AGRICULTURAL LIGHTING MARKET, BY LIGHT SOURCE, 2023–2028 (USD MILLION)
TABLE 80 HORTICULTURE: AGRICULTURAL LIGHTING MARKET, BY WATTAGE TYPE, 2019–2022 (USD MILLION)
TABLE 81 HORTICULTURE: AGRICULTURAL LIGHTING MARKET, BY WATTAGE TYPE, 2023–2028 (USD MILLION)
TABLE 82 HORTICULTURE: AGRICULTURAL LIGHTING MARKET, BY INSTALLATION TYPE, 2019–2022 (USD MILLION)
TABLE 83 HORTICULTURE: AGRICULTURAL LIGHTING MARKET, BY INSTALLATION TYPE, 2023–2028 (USD MILLION)
TABLE 84 HORTICULTURE: AGRICULTURAL LIGHTING MARKET, BY SALES CHANNEL, 2019–2022 (USD MILLION)
TABLE 85 HORTICULTURE: AGRICULTURAL LIGHTING MARKET, BY SALES CHANNEL, 2023–2028 (USD MILLION)
11.2.2 GREENHOUSES
TABLE 86 GREENHOUSES: AGRICULTURAL LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 87 GREENHOUSES: AGRICULTURAL LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
11.2.3 VERTICAL FARMS
TABLE 88 VERTICAL FARMS: AGRICULTURAL LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 89 VERTICAL FARMS: AGRICULTURAL LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
11.2.4 OTHERS
11.2.4.1 Indoor farms
11.2.4.2 Cannabis and research applications
TABLE 90 OTHER HORTICULTURE APPLICATIONS: AGRICULTURAL LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 91 OTHER HORTICULTURE APPLICATIONS: AGRICULTURAL LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
11.3 LIVESTOCK
11.3.1 RISING DEMAND FOR MILK, MEAT, AND EGGS TO INCREASE MARKET SHARE
FIGURE 58 AGRICULTURAL LIGHTING MARKET, BY LIVESTOCK
FIGURE 59 CATTLE/DAIRY FARMS TO BE LARGEST LIVESTOCK APPLICATION FOR IN 2023
TABLE 92 LIVESTOCK: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 93 LIVESTOCK: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 94 LIVESTOCK: AGRICULTURAL LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 95 LIVESTOCK: AGRICULTURAL LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
TABLE 96 LIVESTOCK: AGRICULTURAL LIGHTING MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 97 LIVESTOCK: AGRICULTURAL LIGHTING MARKET, BY OFFERING, 2023–2028 (USD MILLION)
TABLE 98 LIVESTOCK: AGRICULTURAL LIGHTING MARKET, BY LIGHT SOURCE, 2019–2022 (USD MILLION)
TABLE 99 LIVESTOCK: AGRICULTURAL LIGHTING MARKET, BY LIGHT SOURCE, 2023–2028 (USD MILLION)
TABLE 100 LIVESTOCK: AGRICULTURAL LIGHTING MARKET, BY WATTAGE TYPE, 2019–2022 (USD MILLION)
TABLE 101 LIVESTOCK: AGRICULTURAL LIGHTING MARKET, BY WATTAGE TYPE, 2023–2028 (USD MILLION)
TABLE 102 LIVESTOCK: AGRICULTURAL LIGHTING MARKET, BY INSTALLATION TYPE, 2019–2022 (USD MILLION)
TABLE 103 LIVESTOCK: AGRICULTURAL LIGHTING MARKET, BY INSTALLATION TYPE, 2023–2028 (USD MILLION)
TABLE 104 LIVESTOCK: AGRICULTURAL LIGHTING MARKET, BY SALES CHANNEL, 2019–2022 (USD MILLION)
TABLE 105 LIVESTOCK: AGRICULTURAL LIGHTING MARKET, BY SALES CHANNEL, 2023–2028 (USD MILLION)
11.3.2 CATTLE/DAIRY FARMS
TABLE 106 RECOMMENDED LIGHT LEVELS FOR DAIRY
TABLE 107 CATTLE/DAIRY FARMS: AGRICULTURAL LIGHTING MARKET: BY REGION, 2019–2022 (USD MILLION)
TABLE 108 CATTLE/DAIRY FARMS: AGRICULTURAL LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
11.3.3 SWINE FARMS
TABLE 109 RECOMMENDED LIGHT INTENSITY AND PHOTOPERIOD FOR SWINE
TABLE 110 SWINE FARMS: AGRICULTURAL LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 111 SWINE FARMS: AGRICULTURAL LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
11.3.4 POULTRY FARMS
TABLE 112 POULTRY FARMS: AGRICULTURAL LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 113 POULTRY FARMS: AGRICULTURAL LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
11.4 AQUACULTURE
11.4.1 INCREASED DEMAND FOR FARMED FISH TO CREATE SIGNIFICANT DEMAND
TABLE 114 AQUACULTURE: AGRICULTURAL LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 115 AQUACULTURE: AGRICULTURAL LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
TABLE 116 AQUACULTURE: AGRICULTURAL LIGHTING MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 117 AQUACULTURE: AGRICULTURAL LIGHTING MARKET, BY OFFERING, 2023–2028 (USD MILLION)
TABLE 118 AQUACULTURE: AGRICULTURAL LIGHTING MARKET, BY LIGHT SOURCE, 2019–2022 (USD MILLION)
TABLE 119 AQUACULTURE: AGRICULTURAL LIGHTING MARKET, BY LIGHT SOURCE, 2023–2028 (USD MILLION)
TABLE 120 AQUACULTURE: AGRICULTURAL LIGHTING MARKET, BY WATTAGE TYPE, 2019–2022 (USD MILLION)
TABLE 121 AQUACULTURE: AGRICULTURAL LIGHTING MARKET, BY WATTAGE TYPE, 2023–2028 (USD MILLION)
TABLE 122 AQUACULTURE: AGRICULTURAL LIGHTING MARKET, BY INSTALLATION TYPE, 2019–2022 (USD MILLION)
TABLE 123 AQUACULTURE: AGRICULTURAL LIGHTING MARKET, BY INSTALLATION TYPE, 2023–2028 (USD MILLION)
TABLE 124 AQUACULTURE: AGRICULTURAL LIGHTING MARKET, BY SALES CHANNEL, 2019–2022 (USD MILLION)
TABLE 125 AQUACULTURE: AGRICULTURAL LIGHTING MARKET, BY SALES CHANNEL, 2023–2028 (USD MILLION)
12 AGRICULTURAL LIGHTING MARKET, BY REGION
12.1 INTRODUCTION
FIGURE 60 AGRICULTURAL LIGHTING MARKET, BY REGION
FIGURE 61 AGRICULTURAL LIGHTING MARKET, BY COUNTRY/REGION
TABLE 126 AGRICULTURAL LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 127 AGRICULTURAL LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
12.2 AMERICAS
FIGURE 62 AMERICAS: AGRICULTURAL LIGHTING MARKET SNAPSHOT
TABLE 128 AMERICAS: AGRICULTURAL LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 129 AMERICAS: AGRICULTURAL LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
TABLE 130 AMERICAS: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 131 AMERICAS: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
12.2.1 NORTH AMERICA
FIGURE 63 MEXICO TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
TABLE 132 NORTH AMERICA: AGRICULTURAL LIGHTING MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 133 NORTH AMERICA: AGRICULTURAL LIGHTING MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
12.2.1.1 US
12.2.1.1.1 Increasing number of vertical farms to drive market
12.2.1.2 Canada
12.2.1.2.1 Unfavorable climatic conditions necessitate adoption of agricultural lighting
12.2.1.3 Mexico
12.2.1.3.1 Growing population and scarcity of resources to fuel adoption of agricultural lighting
12.2.2 SOUTH AMERICA
FIGURE 64 AGRICULTURAL LIGHTING MARKET: SOUTH AMERICA, BY COUNTRY
TABLE 134 SOUTH AMERICA: AGRICULTURAL LIGHTING MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 135 SOUTH AMERICA: AGRICULTURAL LIGHTING MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
12.2.2.1 Brazil
12.2.2.1.1 Increasing greenhouses in region to fuel market demand
12.2.2.2 Argentina
12.2.2.2.1 Land scarcity to drive demand for effective lighting and modern agricultural techniques
12.2.2.3 Rest of South America
12.2.3 IMPACT OF RECESSION ON AMERICAS
12.3 EUROPE
FIGURE 65 EUROPE: AGRICULTURAL LIGHTING MARKET SNAPSHOT
TABLE 136 EUROPE: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 137 EUROPE: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 138 EUROPE: AGRICULTURAL LIGHTING MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 139 EUROPE: AGRICULTURAL LIGHTING MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
12.3.1 UK
12.3.1.1 Increasing vertical farms and greenhouses to fuel demand for agricultural lighting
12.3.2 GERMANY
12.3.2.1 Presence of prominent agricultural lighting players to fuel market demand
12.3.3 FRANCE
12.3.3.1 High potential growth in aquaculture to boost market
12.3.4 NETHERLANDS
12.3.4.1 Presence of established greenhouses to support market growth
12.3.5 SPAIN
12.3.5.1 Increased greenhouse production to boost demand
12.3.6 REST OF EUROPE
12.3.7 IMPACT OF RECESSION ON EUROPE
12.4 ASIA PACIFIC
FIGURE 66 ASIA PACIFIC: AGRICULTURAL LIGHTING MARKET SNAPSHOT
TABLE 140 ASIA PACIFIC: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 141 ASIA PACIFIC: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 142 ASIA PACIFIC: AGRICULTURAL LIGHTING MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 143 ASIA PACIFIC: AGRICULTURAL LIGHTING MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
12.4.1 CHINA
12.4.1.1 Affordability and availability of LED lighting systems to fuel demand
12.4.2 JAPAN
12.4.2.1 Rising adoption of urban farming practices to encourage use of agricultural lights
12.4.3 INDIA
12.4.3.1 High adoption rate for greenhouses and vertical farms to drive market
12.4.4 SOUTH KOREA
12.4.4.1 Adoption of advanced aquaculture technologies to drive market
12.4.5 AUSTRALIA
12.4.5.1 Legalization of cannabis cultivation, along with less rainfall, to drive market
12.4.6 REST OF ASIA PACIFIC
12.4.7 IMPACT OF RECESSION ON ASIA PACIFIC
12.5 REST OF THE WORLD (ROW)
TABLE 144 REST OF THE WORLD: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 145 REST OF THE WORLD: AGRICULTURAL LIGHTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
FIGURE 67 REST OF THE WORLD: AGRICULTURAL LIGHTING MARKET, BY REGION
TABLE 146 REST OF THE WORLD: AGRICULTURAL LIGHTING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 147 REST OF THE WORLD: AGRICULTURAL LIGHTING MARKET, BY REGION, 2023–2028 (USD MILLION)
12.5.1 MIDDLE EAST
12.5.1.1 Increasing investments for local food production to boost market
12.5.2 AFRICA
12.5.2.1 Unfavorable climatic conditions to increase adoption of agricultural lighting
12.5.3 IMPACT OF RECESSION ON REST OF THE WORLD
13 COMPETITIVE LANDSCAPE
13.1 INTRODUCTION
13.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
TABLE 148 OVERVIEW OF STRATEGIES DEPLOYED BY AGRICULTURAL LIGHTING MARKET PLAYERS
13.2.1 PRODUCT PORTFOLIO
13.2.2 REGIONAL FOCUS
13.2.3 MANUFACTURING FOOTPRINT
13.2.4 ORGANIC/INORGANIC GROWTH STRATEGIES
13.3 MARKET SHARE ANALYSIS
TABLE 149 AGRICULTURAL LIGHTING MARKET: INTENSITY OF COMPETITIVE RIVALRY, 2022
13.4 REVENUE ANALYSIS OF TOP PLAYERS
FIGURE 68 FIVE-YEAR REVENUE ANALYSIS OF LEADING MARKET PLAYERS (2018–2022)
13.5 COMPANY EVALUATION MATRIX
13.5.1 STARS
13.5.2 EMERGING LEADERS
13.5.3 PERVASIVE PLAYERS
13.5.4 PARTICIPANTS
FIGURE 69 AGRICULTURAL LIGHTING MARKET (GLOBAL): COMPANY EVALUATION MATRIX, 2022
TABLE 150 COMPANY FOOTPRINT
TABLE 151 APPLICATION FOOTPRINT
TABLE 152 COMPANY OFFERING FOOTPRINT
TABLE 153 COMPANY REGION FOOTPRINT
13.6 COMPETITIVE BENCHMARKING
13.6.1 STARTUP EVALUATION MATRIX: AGRICULTURAL LIGHTING MARKET
TABLE 154 AGRICULTURAL LIGHTING MARKET: DETAILED LIST OF KEY SMALL AND MEDIUM-SIZED ENTERPRISES (SMES)
TABLE 155 AGRICULTURAL LIGHTING MARKET: COMPETITIVE BENCHMARKING OF KEY SMES
13.7 SME EVALUATION MATRIX
13.7.1 PROGRESSIVE COMPANIES
13.7.2 RESPONSIVE COMPANIES
13.7.3 DYNAMIC COMPANIES
13.7.4 STARTING BLOCKS
FIGURE 70 AGRICULTURAL LIGHTING MARKET (GLOBAL): SME EVALUATION MATRIX, 2022
13.8 COMPETITIVE SCENARIO
13.8.1 PRODUCT LAUNCHES
TABLE 156 AGRICULTURAL LIGHTING MARKET: PRODUCT LAUNCHES AND DEVELOPMENTS, JANUARY 2020 –MAY 2023
13.8.2 DEALS
TABLE 157 AGRICULTURAL LIGHTING MARKET: DEALS, JANUARY 2020–MAY 2023
13.8.3 OTHERS
TABLE 158 AGRICULTURAL LIGHTING MARKET: OTHERS, JANUARY 2020–MAY 2023
14 COMPANY PROFILES
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
14.1 KEY PLAYERS
14.1.1 SIGNIFY HOLDING
TABLE 159 SIGNIFY HOLDING: COMPANY OVERVIEW
FIGURE 71 SIGNIFY HOLDING: COMPANY SNAPSHOT
14.1.2 DELAVAL
TABLE 160 DELAVAL: COMPANY OVERVIEW
FIGURE 72 DELAVAL: COMPANY SNAPSHOT
14.1.3 LELY
TABLE 161 LELY: COMPANY OVERVIEW
14.1.4 SUNBIRD
TABLE 162 SUNBIRD: COMPANY OVERVIEW
14.1.5 CBM LIGHTING
TABLE 163 CBM LIGHTING: COMPANY OVERVIEW
14.1.6 ONCE
TABLE 164 ONCE: COMPANY OVERVIEW
14.1.7 HATO AGRICULTURAL LIGHTING
TABLE 165 HATO AGRICULTURAL LIGHTING: COMPANY OVERVIEW
14.1.8 AKVA GROUP
TABLE 166 AKVA GROUP: COMPANY OVERVIEW
FIGURE 73 AKVA GROUP: COMPANY SNAPSHOT
14.1.9 GAVITA INTERNATIONAL B.V.
TABLE 167 GAVITA INTERNATIONAL B.V.: COMPANY OVERVIEW
14.1.10 AMS-OSRAM AG (PART OF AMS AG)
TABLE 168 AMS-OSRAM AG: COMPANY OVERVIEW
FIGURE 74 AMS-OSRAM AG: COMPANY SNAPSHOT
14.1.11 HELIOSPECTRA AB
TABLE 169 HELIOSPECTRA AB: COMPANY OVERVIEW
FIGURE 75 HELIOSPECTRA AB: COMPANY SNAPSHOT
14.1.12 CALIFORNIA LIGHTWORKS
TABLE 170 CALIFORNIA LIGHTWORKS: COMPANY OVERVIEW
14.1.13 HORTILUX SCHR?DER (DOOL INDUSTRIES)
TABLE 171 HORTILUX SCHR?DER: COMPANY OVERVIEW
14.1.14 VALOYA
TABLE 172 VALOYA: COMPANY OVERVIEW
14.2 OTHER PLAYERS
14.2.1 HUBBELL
14.2.2 SAMSUNG
14.2.3 FIENHAGE POULTRY SOLUTIONS
14.2.4 UNI-LIGHTLED LED
14.2.5 HELIO LED LIGHTING
14.2.6 ADOLF SCHUCH GMBH
14.2.7 PLANET LIGHTING
14.2.8 ARUNA LIGHTING
14.2.9 BIG DUTCHMAN
14.2.10 SHENZHEN HONTECH-WINS ELECTRONICS CO., LTD
14.2.11 LUMINUS, INC.
14.2.12 NICHIA CORPORATION
14.2.13 EVERLIGHT ELECTRONICS CO., LTD.
14.2.14 ILLUMINAR LIGHTING
14.2.15 CREE LIGHTING
14.2.16 GE LIGHTING, A SAVANT COMPANY
14.2.17 ILLUMITEX
14.2.18 SENMATIC
14.2.19 OREON
14.2.20 FLUENCE
14.2.21 APACHE TECH, INC.
14.2.22 BIOLOGICAL INNOVATION AND OPTIMIZATION SYSTEMS, LLC.
(BIOS LIGHTING)
14.2.23 EYE HORTILUX
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
15 APPENDIX
15.1 DISCUSSION GUIDE
15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.3 CUSTOMIZATION OPTIONS
15.4 RELATED REPORTS
15.5 AUTHOR DETAILS
