Global Agricultural Lighting Market Size study & Forecast, by Offering, by Light Source, by Wattage Type, by Installation Type, by Sales Channel, by Application and Regional Analysis, 2023-2030

Description

List of Tables

Global Agricultural Lighting Market is valued at approximately USD 10.5 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 12.5% over the forecast period 2023-2030. Agricultural lighting refers to the use of artificial lights to help plants grow and thrive in indoor farming environments. It involves using specific types of light, such as LEDs, to provide the right amount and quality of light that plants need for photosynthesis. This lighting method is used to supplement or replace natural sunlight and can be adjusted to meet the specific needs of different crops. The goal is to optimize plant growth, increase yields, and extend growing seasons by providing plants with the right kind of light at the right time. The driving factors of the market are increasing demand for food production to meet needs of growing population and adoption

According to United Nations, the global population is projected is to reach 9.7 billion by 2050 which will require more food which will demand more agriculture to live as per the life style. According to the rapid transition in 2021, LED are up to 80% more efficient than traditional lighting such as fluorescent and incandescent lights. 95% of the energy in LEDs is converted into light and only 5% is wasted as heat. Moreover, vertical farming and urban agriculture, integration with sustainable farming practices can create more opportunities in the market. However, the cost of implementation and another factor technical skill and information hampers the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Agricultural Lighting Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market. The United States and Canada have been at the forefront of adopting advanced agricultural technologies, including agricultural lighting. The region has seen substantial investments in vertical farming, greenhouse cultivation, and indoor agriculture, driving the demand for lighting solutions. Asia Pacific is the fastest growing region in this market. Countries such as China, Japan, and South Korea have been investing in modern agriculture practices, vertical farming, and greenhouse cultivation, thereby driving the demand for agricultural lighting technologies.

Major market player included in this report are:

Signify N. V
Ams-OSRAM AG
Gavita International B.V
Valoya Oy
California Lightworks Inc
DeLaval International AB
CBM Lighting
Heliospectra AB
Hortilux Schreder
General Electric

Recent Developments in the Market:

In February 2023, ams-OSRAM AG announced a collaboration using the OSLON square platform and OSLON SSL LEDs with the revolution microelectronics. A high light output and a fully programmable spectrum allows horticulturists to hone in on the specific phytochemical development and boost yield and increase terpene development
In December 2021, Hortilux Collaborated with LLC DTK a Russian rose company to provide them hortilux HPS NXT2 fixtures which is the perfect match for the company requirement.

Global Agricultural Lighting Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Offering, Light Source, Wattage Type, Installation Type, Sales Channel, Application, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Offering:

Hardware
Software
Services

Light Source:

Fluorescent
HID
LED
Others

Wattage Type:

Below 50W
50 - 150W
Above 150W

Installation Type:

New
Retrofit

Sales Channel:

Retail/ Wholesale
Direct Sales
Online/ E-commerce

By Application:

Horticulture
Livestock
Aquaculture

By Region:

North America

U.S.
Canada

Europe

UK
Germany
France
Spain
Italy
ROE

Asia Pacific

China
India
Japan
Australia
South Korea
RoAPAC

Latin America

Brazil
Mexico

Middle East & Africa

Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Agricultural Lighting Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Agricultural Lighting Market, by Offering, 2020-2030 (USD Billion)
- 1.2.3. Agricultural Lighting Market, by Light Source, 2020-2030 (USD Billion)
- 1.2.4. Agricultural Lighting Market, by Wattage Type, 2020-2030 (USD Billion)
- 1.2.5. Agricultural Lighting Market, by Installation Type, 2020-2030 (USD Billion)
- 1.2.6. Agricultural Lighting Market, by Sales Channel, 2020-2030 (USD Billion)
- 1.2.7. Agricultural Lighting Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Agricultural Lighting Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Agricultural Lighting Market Dynamics

3.1. Agricultural Lighting Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing Demand for Food Production to Meet Needs of Growing Population
  - 3.1.1.2. Adoption of LED Technology
- 3.1.2. Market Challenges
  - 3.1.2.1. Cost of Implementation
  - 3.1.2.2. Technical Skill and Information
- 3.1.3. Market Opportunities
  - 3.1.3.1. Vertical Farming and Urban Agriculture
  - 3.1.3.2. Integration with Sustainable Farming Practices

Chapter 4. Global Agricultural Lighting Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Agricultural Lighting Market, by Offering

5.1. Market Snapshot
5.2. Global Agricultural Lighting Market by Offering, Performance - Potential Analysis
5.3. Global Agricultural Lighting Market Estimates & Forecasts by Offering 2020-2030 (USD Billion)
5.4. Agricultural Lighting Market, Sub Segment Analysis
- 5.4.1. Hardware
- 5.4.2. Software
- 5.4.3. Services

Chapter 6. Global Agricultural Lighting Market, by Light Source

6.1. Market Snapshot
6.2. Global Agricultural Lighting Market by Light Source, Performance - Potential Analysis
6.3. Global Agricultural Lighting Market Estimates & Forecasts by Light Source 2020-2030 (USD Billion)
6.4. Agricultural Lighting Market, Sub Segment Analysis
- 6.4.1. Fluorescent
- 6.4.2. HID
- 6.4.3. LED
- 6.4.4. Others

Chapter 7. Global Agricultural Lighting Market, by Wattage Type

7.1. Market Snapshot
7.2. Global Agricultural Lighting Market by Wattage Type, Performance - Potential Analysis
7.3. Global Agricultural Lighting Market Estimates & Forecasts by Wattage Type 2020-2030 (USD Billion)
7.4. Agricultural Lighting Market, Sub Segment Analysis
- 7.4.1. Below 50W
- 7.4.2. 50 - 150W
- 7.4.3. Above 150 W

Chapter 8. Global Agricultural Lighting Market, by Installation Type

8.1. Market Snapshot
8.2. Global Agricultural Lighting Market by Installation Type, Performance - Potential Analysis
8.3. Global Agricultural Lighting Market Estimates & Forecasts by Installation Type 2020-2030 (USD Billion)
8.4. Agricultural Lighting Market, Sub Segment Analysis
- 8.4.1. New
- 8.4.2. Retrofit

Chapter 9. Global Agricultural Lighting Market, by Sales Channel

9.1. Market Snapshot
9.2. Global Agricultural Lighting Market by Sales Channel, Performance - Potential Analysis
9.3. Global Agricultural Lighting Market Estimates & Forecasts by Sales Channel 2020-2030 (USD Billion)
9.4. Agricultural Lighting Market, Sub Segment Analysis
- 9.4.1. Retail/ Wholesale
- 9.4.2. Direct Sales
- 9.4.3. Online/E-commerce

Chapter 10. Global Agricultural Lighting Market, by Application

10.1. Market Snapshot
10.2. Global Agricultural Lighting Market by Application, Performance - Potential Analysis
10.3. Global Agricultural Lighting Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
10.4. Agricultural Lighting Market, Sub Segment Analysis
- 10.4.1. Horticulture
- 10.4.2. Livestock
- 10.4.3. Aquaculture

Chapter 11. Global Agricultural Lighting Market, Regional Analysis

11.1. Top Leading Countries
11.2. Top Emerging Countries
11.3. Agricultural Lighting Market, Regional Market Snapshot
11.4. North America Agricultural Lighting Market
- 11.4.1. U.S. Agricultural Lighting Market
  - 11.4.1.1. Offering breakdown estimates & forecasts, 2020-2030
  - 11.4.1.2. Light Source breakdown estimates & forecasts, 2020-2030
  - 11.4.1.3. Wattage Type breakdown estimates & forecasts, 2020-2030
  - 11.4.1.4. Installation Type breakdown estimates & forecasts, 2020-2030
  - 11.4.1.5. Sales Channel breakdown estimates & forecasts, 2020-2030
  - 11.4.1.6. Application breakdown estimates & forecasts, 2020-2030
- 11.4.2. Canada Agricultural Lighting Market
11.5. Europe Agricultural Lighting Market Snapshot
- 11.5.1. U.K. Agricultural Lighting Market
- 11.5.2. Germany Agricultural Lighting Market
- 11.5.3. France Agricultural Lighting Market
- 11.5.4. Spain Agricultural Lighting Market
- 11.5.5. Italy Agricultural Lighting Market
- 11.5.6. Rest of Europe Agricultural Lighting Market
11.6. Asia-Pacific Agricultural Lighting Market Snapshot
- 11.6.1. China Agricultural Lighting Market
- 11.6.2. India Agricultural Lighting Market
- 11.6.3. Japan Agricultural Lighting Market
- 11.6.4. Australia Agricultural Lighting Market
- 11.6.5. South Korea Agricultural Lighting Market
- 11.6.6. Rest of Asia Pacific Agricultural Lighting Market
11.7. Latin America Agricultural Lighting Market Snapshot
- 11.7.1. Brazil Agricultural Lighting Market
- 11.7.2. Mexico Agricultural Lighting Market
11.8. Middle East & Africa Agricultural Lighting Market
- 11.8.1. Saudi Arabia Agricultural Lighting Market
- 11.8.2. South Africa Agricultural Lighting Market
- 11.8.3. Rest of Middle East & Africa Agricultural Lighting Market

Chapter 12. Competitive Intelligence

12.1. Key Company SWOT Analysis
- 12.1.1. Company 1
- 12.1.2. Company 2
- 12.1.3. Company 3
12.2. Top Market Strategies
12.3. Company Profiles
- 12.3.1. Signify N.V
  - 12.3.1.1. Key Information
  - 12.3.1.2. Overview
  - 12.3.1.3. Financial (Subject to Data Availability)
  - 12.3.1.4. Product Summary
  - 12.3.1.5. Recent Developments
- 12.3.2. Ams-OSRAM AG
- 12.3.3. Gavita International B.V
- 12.3.4. Valoya Oy
- 12.3.5. California Lightworks Inc
- 12.3.6. DeLaval International
- 12.3.7. CBM Lighting
- 12.3.8. Heliospectra AB
- 12.3.9. Hortilux Schreder
- 12.3.10. General Electric

Chapter 13. Research Process

13.1. Research Process
- 13.1.1. Data Mining
- 13.1.2. Analysis
- 13.1.3. Market Estimation
- 13.1.4. Validation
- 13.1.5. Publishing
13.2. Research Attributes
13.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Agricultural Lighting Market, report scope
TABLE 2. Global Agricultural Lighting Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Agricultural Lighting Market estimates & forecasts by Offering 2020-2030 (USD Billion)
TABLE 4. Global Agricultural Lighting Market estimates & forecasts by Light Source 2020-2030 (USD Billion)
TABLE 5. Global Agricultural Lighting Market estimates & forecasts by Wattage Type 2020-2030 (USD Billion)
TABLE 6. Global Agricultural Lighting Market estimates & forecasts by Installation Type 2020-2030 (USD Billion)
TABLE 7. Global Agricultural Lighting Market estimates & forecasts by Sales Channel 2020-2030 (USD Billion)
TABLE 8. Global Agricultural Lighting Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 9. Global Agricultural Lighting Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Agricultural Lighting Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Agricultural Lighting Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Agricultural Lighting Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Agricultural Lighting Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Agricultural Lighting Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Agricultural Lighting Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. Global Agricultural Lighting Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. Global Agricultural Lighting Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 18. Global Agricultural Lighting Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19. U.S. Agricultural Lighting Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. U.S. Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. U.S. Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. Canada Agricultural Lighting Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. Canada Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. Canada Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. UK Agricultural Lighting Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. UK Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. UK Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. Germany Agricultural Lighting Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. Germany Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. Germany Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. France Agricultural Lighting Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. France Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. France Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Italy Agricultural Lighting Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Italy Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Italy Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. Spain Agricultural Lighting Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. Spain Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. Spain Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. RoE Agricultural Lighting Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. RoE Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. RoE Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. China Agricultural Lighting Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. China Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. China Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. India Agricultural Lighting Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. India Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. India Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. Japan Agricultural Lighting Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. Japan Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. Japan Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. South Korea Agricultural Lighting Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. South Korea Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. South Korea Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. Australia Agricultural Lighting Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. Australia Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. Australia Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. RoAPAC Agricultural Lighting Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. RoAPAC Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. RoAPAC Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Brazil Agricultural Lighting Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Brazil Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Brazil Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. Mexico Agricultural Lighting Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. Mexico Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. Mexico Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. RoLA Agricultural Lighting Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. RoLA Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoLA Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. Saudi Arabia Agricultural Lighting Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 71. South Africa Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 72. RoMEA Agricultural Lighting Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 73. List of secondary sources, used in the study of global Agricultural Lighting Market
TABLE 74. List of primary sources, used in the study of global Agricultural Lighting Market
TABLE 75. Years considered for the study
TABLE 76. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Agricultural Lighting Market, research methodology
FIG 2. Global Agricultural Lighting Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Agricultural Lighting Market, key trends 2022
FIG 5. Global Agricultural Lighting Market, growth prospects 2023-2030
FIG 6. Global Agricultural Lighting Market, porters 5 force model
FIG 7. Global Agricultural Lighting Market, pest analysis
FIG 8. Global Agricultural Lighting Market, value chain analysis
FIG 9. Global Agricultural Lighting Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Agricultural Lighting Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Agricultural Lighting Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Agricultural Lighting Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Agricultural Lighting Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Agricultural Lighting Market, regional snapshot 2020 & 2030
FIG 15. North America Agricultural Lighting Market 2020 & 2030 (USD Billion)
FIG 16. Europe Agricultural Lighting Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Agricultural Lighting Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Agricultural Lighting Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Agricultural Lighting Market 2020 & 2030 (USD Billion)