Global Agricultural Lighting Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

Description

List of Tables

The global demand for Agricultural Lighting Market is presumed to reach the market size of nearly USD 3.38 Billion by 2032 from USD 1.22 Billion in 2023 with a CAGR of 11.97% under the study period 2024 - 2032.

Agricultural Lighting uses artificial light sources in farming environments to optimize plant growth and enhance crop yields. This practice is particularly relevant in controlled environments like greenhouses, where natural sunlight may be limited. These systems can provide specific light spectra tailored to different growth stages, influencing flowering, fruiting, and overall plant development. LED technology is commonly used for its energy efficiency and customizable light spectrum, contributing to sustainable and efficient agriculture practices.

MARKET DYNAMICS

The agricultural lighting market is driven by the growing adoption of controlled environment agriculture (CEA) practices and the need to enhance crop yields and quality. Agricultural lighting, including LED technology, supplements natural light, extending the photoperiod for crops in greenhouses and indoor farming facilities. The increasing demand for year-round production of fruits, vegetables, and other crops stimulates the adoption of agricultural lighting solutions. Energy-efficient lighting options and the ability to customize light spectra for specific crops contribute to market growth. Additionally, government initiatives promoting sustainable agriculture and advancements in horticultural lighting technologies further propel the market growth.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of agricultural lighting. The growth and trends of agricultural lighting industry provide a holistic approach to this study.

MARKET SEGMENTATION

This section of the agricultural lighting market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Component

Hardware
Software
Services

By Wattage Type

Below 50W
50-150W
Above 150W

By Light Source

Fluorescent
High Intensity Discharge (Hid)
LED
Others

By Installation Type

New
Retrofit

By Application

Horticulture
Livestock
Aquaculture

By Sales Channel

Retail/Wholesale
Direct Sales
Online/E-Commerce

REGIONAL ANALYSIS

This section covers the regional outlook, which accentuates current and future demand for the Agricultural Lighting market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Agricultural Lighting market include Agrolux, California LightWorks, Cree, Inc., Current, powered by GE, Fluence by OSRAM, Gavita International, GE Current, a Daintree Company, Heliospectra AB, Hortilux Schreder B.V., Illumitex Inc., LumiGrow Inc., OSRAM GmbH, Signify (formerly Philips Lighting), Valoya Ltd., VividGro. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Product Code: VMR112113822

1 . PREFACE

1.1. Report Description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology

2 . EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3 . AGRICULTURAL LIGHTING - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Component
- 3.7.2 Market Attractiveness Analysis By Wattage Type
- 3.7.3 Market Attractiveness Analysis By Light Source
- 3.7.4 Market Attractiveness Analysis By Installation Type
- 3.7.5 Market Attractiveness Analysis By Application
- 3.7.6 Market Attractiveness Analysis By Sales Channel
- 3.7.7 Market Attractiveness Analysis By Region

4 . VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1. List of Raw Materials
- 4.2.2. Raw Material Manufactures List
- 4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1. Direct Marketing
- 4.4.2. Indirect Marketing
- 4.4.3. Marketing Channel Development Trend

5 . GLOBAL AGRICULTURAL LIGHTING MARKET ANALYSIS BY COMPONENT

5.1 Overview by Component
5.2 Historical and Forecast Data
5.3 Analysis by Component
5.4 Hardware Historic and Forecast Sales by Regions
5.5 Software Historic and Forecast Sales by Regions
5.6 Services Historic and Forecast Sales by Regions

6 . GLOBAL AGRICULTURAL LIGHTING MARKET ANALYSIS BY WATTAGE TYPE

6.1 Overview by Wattage Type
6.2 Historical and Forecast Data
6.3 Analysis by Wattage Type
6.4 Below 50W Historic and Forecast Sales by Regions
6.5 50-150W Historic and Forecast Sales by Regions
6.6 Above 150W Historic and Forecast Sales by Regions

7 . GLOBAL AGRICULTURAL LIGHTING MARKET ANALYSIS BY LIGHT SOURCE

7.1 Overview by Light Source
7.2 Historical and Forecast Data
7.3 Analysis by Light Source
7.4 Fluorescent Historic and Forecast Sales by Regions
7.5 High Intensity Discharge (HID) Historic and Forecast Sales by Regions
7.6 LED Historic and Forecast Sales by Regions
7.7 Others Historic and Forecast Sales by Regions

8 . GLOBAL AGRICULTURAL LIGHTING MARKET ANALYSIS BY INSTALLATION TYPE

8.1 Overview by Installation Type
8.2 Historical and Forecast Data
8.3 Analysis by Installation Type
8.4 New Historic and Forecast Sales by Regions
8.5 Retrofit Historic and Forecast Sales by Regions

9 . GLOBAL AGRICULTURAL LIGHTING MARKET ANALYSIS BY APPLICATION

9.1 Overview by Application
9.2 Historical and Forecast Data
9.3 Analysis by Application
9.4 Horticulture Historic and Forecast Sales by Regions
9.5 Livestock Historic and Forecast Sales by Regions
9.6 Aquaculture Historic and Forecast Sales by Regions

10 . GLOBAL AGRICULTURAL LIGHTING MARKET ANALYSIS BY SALES CHANNEL

10.1 Overview by Sales Channel
10.2 Historical and Forecast Data
10.3 Analysis by Sales Channel
10.4 Retail/Wholesale Historic and Forecast Sales by Regions
10.5 Direct Sales Historic and Forecast Sales by Regions
10.6 Online/E-Commerce Historic and Forecast Sales by Regions

11 . GLOBAL AGRICULTURAL LIGHTING MARKET ANALYSIS BY GEOGRAPHY

11.1. Regional Outlook
11.2. Introduction
11.3. North America Sales Analysis
- 11.3.1. Overview, Historic and Forecast Data Sales Analysis
- 11.3.2. North America By Segment Sales Analysis
- 11.3.3. North America By Country Sales Analysis
- 11.3.4. United State Sales Analysis
- 11.3.5. Canada Sales Analysis
- 11.3.6. Mexico Sales Analysis
11.4. Europe Sales Analysis
- 11.4.1. Overview, Historic and Forecast Data Sales Analysis
- 11.4.2. Europe by Segment Sales Analysis
- 11.4.3. Europe by Country Sales Analysis
- 11.4.4. United Kingdom Sales Analysis
- 11.4.5. France Sales Analysis
- 11.4.6. Germany Sales Analysis
- 11.4.7. Italy Sales Analysis
- 11.4.8. Russia Sales Analysis
- 11.4.9. Rest Of Europe Sales Analysis
11.5. Asia Pacific Sales Analysis
- 11.5.1. Overview, Historic and Forecast Data Sales Analysis
- 11.5.2. Asia Pacific by Segment Sales Analysis
- 11.5.3. Asia Pacific by Country Sales Analysis
- 11.5.4. China Sales Analysis
- 11.5.5. India Sales Analysis
- 11.5.6. Japan Sales Analysis
- 11.5.7. South Korea Sales Analysis
- 11.5.8. Australia Sales Analysis
- 11.5.9. South East Asia Sales Analysis
- 11.5.10. Rest Of Asia Pacific Sales Analysis
11.6. Latin America Sales Analysis
- 11.6.1. Overview, Historic and Forecast Data Sales Analysis
- 11.6.2. Latin America by Segment Sales Analysis
- 11.6.3. Latin America by Country Sales Analysis
- 11.6.4. Brazil Sales Analysis
- 11.6.5. Argentina Sales Analysis
- 11.6.6. Peru Sales Analysis
- 11.6.7. Chile Sales Analysis
- 11.6.8. Rest of Latin America Sales Analysis
11.7. Middle East & Africa Sales Analysis
- 11.7.1. Overview, Historic and Forecast Data Sales Analysis
- 11.7.2. Middle East & Africa by Segment Sales Analysis
- 11.7.3. Middle East & Africa by Country Sales Analysis
- 11.7.4. Saudi Arabia Sales Analysis
- 11.7.5. UAE Sales Analysis
- 11.7.6. Israel Sales Analysis
- 11.7.7. South Africa Sales Analysis
- 11.7.8. Rest Of Middle East And Africa Sales Analysis

12 . COMPETITIVE LANDSCAPE OF THE AGRICULTURAL LIGHTING COMPANIES

12.1. Agricultural Lighting Market Competition
12.2. Partnership/Collaboration/Agreement
12.3. Merger And Acquisitions
12.4. New Product Launch
12.5. Other Developments

13 . COMPANY PROFILES OF AGRICULTURAL LIGHTING INDUSTRY

13.1. Company Share Analysis
13.2. Market Concentration Rate
13.3. Agrolux
- 13.3.1. Company Overview
- 13.3.2. Company Revenue
- 13.3.3. Products
- 13.3.4. Recent Developments
13.4. California LightWorks
- 13.4.1. Company Overview
- 13.4.2. Company Revenue
- 13.4.3. Products
- 13.4.4. Recent Developments
13.5. Cree Inc.
- 13.5.1. Company Overview
- 13.5.2. Company Revenue
- 13.5.3. Products
- 13.5.4. Recent Developments
13.6. Fluence OSRAM
- 13.6.1. Company Overview
- 13.6.2. Company Revenue
- 13.6.3. Products
- 13.6.4. Recent Developments
13.7. Gavita International
- 13.7.1. Company Overview
- 13.7.2. Company Revenue
- 13.7.3. Products
- 13.7.4. Recent Developments
13.8. GE Current A Daintree Company
- 13.8.1. Company Overview
- 13.8.2. Company Revenue
- 13.8.3. Products
- 13.8.4. Recent Developments
13.9. Heliospectra AB
- 13.9.1. Company Overview
- 13.9.2. Company Revenue
- 13.9.3. Products
- 13.9.4. Recent Developments
13.10. Hortilux Schreder B.V.
- 13.10.1. Company Overview
- 13.10.2. Company Revenue
- 13.10.3. Products
- 13.10.4. Recent Developments
13.11. Illumitex Inc.
- 13.11.1. Company Overview
- 13.11.2. Company Revenue
- 13.11.3. Products
- 13.11.4. Recent Developments
13.12. LumiGrow Inc.
- 13.12.1. Company Overview
- 13.12.2. Company Revenue
- 13.12.3. Products
- 13.12.4. Recent Developments
13.13. OSRAM GmbH
- 13.13.1. Company Overview
- 13.13.2. Company Revenue
- 13.13.3. Products
- 13.13.4. Recent Developments
13.14. Savant System Inc Signify (formerly Philips Lighting)
- 13.14.1. Company Overview
- 13.14.2. Company Revenue
- 13.14.3. Products
- 13.14.4. Recent Developments
13.15. Valoya Ltd.
- 13.15.1. Company Overview
- 13.15.2. Company Revenue
- 13.15.3. Products
- 13.15.4. Recent Developments
13.16. VividGro
- 13.16.1. Company Overview
- 13.16.2. Company Revenue
- 13.16.3. Products
- 13.16.4. Recent Developments

Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies