The Agricultural Lighting Market was valued at USD 11.60 billion in 2023 and is expected to reach USD 33.17 billion by 2032, growing at a CAGR of 12.42% over the forecast period 2024-2032. The evolution of the Agricultural Lighting Market includes the high-tech adoption of artificial intelligence-incorporated lighting systems that automate spectrum changes and enhance energy efficiency capabilities. These developments improve efficiency and cut power consumption by 30-40% relative to traditional lighting systems. Almost all LED components around the world depend on Asia-Pacific for the supply chain, causing influences the global supply shortage of LED as well. Moreover, greenhouses and vertical farms are core stakeholders, which use bespoke lighting systems to fully optimize plant growth, yield, and resources in a controlled environment. Over in the U.S. agricultural lighting market, big things are brewing for 2024. As a relevant example, in Glens Falls, New York, city officials launched a pilot program that saw a 480-square-foot space morph into a vertical farm where basil and other greens were being grown aeroponically with LED lighting. On the other hand, Houston-based Dream Harvest auctioned more than USD 8 million of unused equipment, including USD 2 million in Fluence LED lighting, reflecting a change in asset utilization in the sector. Such examples are indicative of a field of agricultural lighting applications in the U.S.
The U.S. Agricultural Lighting Market is estimated to be USD 2.08 Billion in 2023 and is projected to grow at a CAGR of 12.19%. The United States Agricultural Lighting Market is expanding on account of the adoption of LEDs & smart lighting in greenhouses, vertical farms, and livestock facilities government support for energy-efficient farming; surging demand for controlled environment agriculture; and embedding of advanced artificial intelligence in lighting for crop & livestock productivity purposes.
Key Drivers:
Revolutionizing Agriculture with Smart and Energy-Efficient Lighting for Sustainable Farming and Higher Yields
The agricultural lighting market is rapidly growing as a result of the rising adoption of controlled-environment farming, high demand for energy-efficient lighting solutions, and new technological advancements in LED. The rapidly increasing global population drove demand for augmented agricultural output and consequently larger dependence on greenhouses, vertical farming, and indoor farming. The market is being propelled by the energy-saving characteristic, high durability, and possibility of light spectrum optimization of LED lighting for plant growth. In addition to this, market growth is driven by government promotion of sustainable farming, as well as government compensation for energy-efficient agricultural lighting systems. Smart lighting systems to improve animal health, reproduction rates, and productivity are also finding increasing adoption in the livestock sector.
Restrain:
Overcoming Knowledge Gaps and Adoption Barriers in Smart Agricultural Lighting for Enhanced Farm Productivity
The major challenge faced by the agricultural lighting market is the level of awareness and skills among farmers specifically in developing regions. The adoption of advanced lighting solutions such as LEDs and IoT-enabled smart lighting has been slower in traditional farming practices as many farmers are unaware of the benefits associated with the new advancements in lighting solutions. Mistakes to avoid: Incorrect spectrum choices from the available light spectra for each application, and inconsistent installation practices, which can decrease efficiency and impair plant growth or animal health. This requires specialized knowledge to implement both sides of the control interface into the computerized farming ecosystem which poses another barrier to the practical implementation of agricultural lighting.
Opportunity:
Expanding Opportunities in Smart Farming with IoT AI and Advanced Lighting Technologies for Future Growth
Market opportunities are represented through technological improvement and a growing demand for investment in smart farming. IoT-enabled agricultural lighting systems, which provide remote monitoring and automated light adjustments, are growing at a fast pace. Furthermore, with the rise in the adoption of advanced farming techniques, the blooming economies in the Asia-Pacific and Latam regions are adding new growth opportunities. Additionally, the growing trend for urban farming and aquaponics is providing supplementary impetus to the rising adoption of new lighting systems. These companies which invest in Research and development for spectrum-optimized lighting and also in AI-powered precision farming technologies will be well placed for future growth.
Challenges:
Addressing Regulatory Gaps Infrastructure Limitations and Durability Challenges in Agricultural Lighting for Efficient Farming
The biggest obstacle is the regulatory and standardization gap between ag-lighting systems. Crops and livestock have specific lighting needs but there are no universally accepted standards on the optimal light spectrum, time, and/or intensity, globally. Such problems usually cause farming operations to run inefficiently, and the consistency of products suffers. Besides, low infrastructure in rural places, such as unsustainable light provide and low technology aid, restricts the purported utilization of superior agricultural lighting. Additionally, with lighting systems often exposed to high humidity, dust, and temperature fluctuations in farming environments, product durability in extreme environmental conditions also poses challenges in the market, impacting the life of lighting systems.
By Light Source
In 2023, LED held the largest share of the agricultural lighting market (63.4%). The rising demand for technologically advanced solutions for minimizing energy resource loss has positively impacted the growth of the LED segment, as the LED possesses superior characteristics in terms of energy efficiency, average lifespan, and the ability to provide adjustable light spectra as per the requirement of various crops & livestock. The rise in vertical farming, greenhouses, and indoor farming, which offer greater potential yield and lower energy consumption than traditional lighting technologies, has expedited the transition to LED lighting.
Fluorescent lighting is projected to experience the highest CAGR from 2024-2032, due to its low-cost options and readiness availability in developing countries. Even though LEDs continue to be the big guns of high-tech farming, smaller farms, as well as conventional greenhouse setups, turn to fluorescent lighting thanks to its inexpensive upfront cost. The uptick in fluorescent efficiency and longevity by technological developments is predicted to help expand the adoption of fluorescents in cost-sensitive agricultural application areas.
By Installation
The agricultural lighting market was led by new installations in 2023, accounting for 56.2% of the global market share, due to the rapid growth of greenhouse, vertical farming (VF), and smart farming infrastructure. This was in part due to the growing global interest in controlled environments agriculture (CEA) and the implementation of LED lighting in newly constructed agricultural facilities. Modern farming initiatives are being backed by governments and private investors to boost the demand for innovative lighting systems to enhance crop and livestock yields through energy efficiencies.
Retrofit installations are projected to witness the highest CAGR between 2024 to 2032, due to renovations of older systems amongst existing farms and conventional agricultural setups to switch from old lighting systems to energy-efficient systems, such as LED. Countless farms are now switching from outdated HID and fluorescent lighting to advanced, spectrum-optimized solutions that increase functionality at lower energy costs.
By Application
The horticulture sector led the agricultural lighting market, with a 62% share in 2023, owing to the increasing prevalence of greenhouses, and vertical, and hydroponic farming systems. The rising need for high-yield crop cultivation, year-round agriculture, and maximized plant growth, is driving the horticultural sector towards LED and smart lighting technologies. This helps to reinforce the lead horticulture has on the market with constant improvements in spectrum-tuned lighting that directly benefits photosynthesis and plant well-being. Increasing adoption of these advanced lighting solutions is driven not only by private investment but also by governments that are supporting sustainable farming practices.
The livestock segment is projected to be the fastest-growing segment over the 2024-2032 timeline, as farmers are now adopting various specialized lighting systems to stimulate animal health, reproduction, and productivity. Lighting can even improve how fast poultry grows, how much milk cows produce, and how quickly livestock breed, studies show. The increasing adoption of smart livestock farming initiatives, paired with automated special lights with IoT-based controls, is expected to witness significant market expansion in this market segment.
The European region held the largest share in the agricultural lighting market at 35.8% in 2023, owing to the main focus of the region on sustainable agriculture, greenhouse farming as well as controlled environment agriculture (CEA). The Netherlands, Germany, and France are among the world leaders in high-tech greenhouse farming, using LED-based smart lighting solutions to maximize crop yields. One such example is that of the Netherlands, the hub of the high-tech horticulture industry in the world, where large-scale spectrum-optimized LED light-based automated greenhouses are employed to promote the maximum growth of plants by minimizing energy consumption. Moreover, the EU policies regarding the promotion of energy efficiency and lowering the carbon footprint have promoted the adoption of new agricultural lighting technologies, convincingly entrenching Europe as the leader of the market.
Asia-Pacific is projected to grow at the highest rate from 2024 to 2032 due to rising investments in urban farming, vertical farming, and livestock automation. With the growing world population and need for food, China, Japan, and India are some countries witnessing rapid growth in the demand for smart agricultural lighting systems. China has a number of these massive indoor farming projects, including LED-illuminated plant factories being utilized by San'an Optoelectronics. Fully automated indoor farms using LED lights to better grow crops have been introduced by firms including Mirai Co., Ltd. Expanding full automation will also contribute to market growth in Japan.
Some of the major players in the Agricultural Lighting Market are:
HATO Agricultural Lighting (RUDAX)
Sennlite Agricultural Lighting Technology Co., LTD (Nova 645 series)
Orion Energy Systems (Certified Agricultural LED Light Solutions)
Hontech-Wins (IP67 Dimmable Flicker-Free T16 LED Cow Farm Light)
Legion Lighting Co., Inc. (AGRO-LUME™ VIII - SERIES 778G2)
G&G Industrial Lighting (Barn Lighting Solutions)
J.W. Speaker Corporation (LED Lighting for Agriculture & Construction)
Growlight Agricultural Lighting Solutions (LED Horticultural Lighting)
Everlight Electronics (Horticultural LEDs)
Signify (formerly Philips Lighting) (GreenPower LED toplighting)
OSRAM (Phytofy RL)
Valoya (L-Series LED Grow Lights)
Heliospectra (MITRA LED Lighting)
Illumitex (NeoPAR)
Current, powered by GE (Arize Element L1000)
In February 2025, Orion Energy Systems launched a USD 3M LED lighting retrofit and electrical upgrade project for a federal agency, enhancing energy efficiency and infrastructure.
In December 2024, Moxie Lighting partnered with G&G Industrial Lighting to offer durable LED lighting solutions for harsh environments across all territories. This collaboration expands Moxie’s portfolio with high-performance lighting for industries like manufacturing, mining, and food processing.
Report Attributes | Details |
Market Size in 2023 | USD 11.60 Billion |
Market Size by 2032 | USD 33.17 Billion |
CAGR | CAGR of 12.42% From 2024 to 2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Light Source Fluorescent, HID, LED, Others) • By Installation (New, Retrofit) • By Application (Aquaculture, Livestock, Horticulture) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
Company Profiles | HATO Agricultural Lighting, Sennlite Agricultural Lighting Technology Co., LTD, Orion Energy Systems, Hontech-Wins, Legion Lighting Co., Inc., G&G Industrial Lighting, J.W. Speaker Corporation, Growlight Agricultural Lighting Solutions, Everlight Electronics, Signify (formerly Philips Lighting), OSRAM, Valoya, Heliospectra, Illumitex, Current (powered by GE). |
Ans: The Agricultural Lighting Market is expected to grow at a CAGR of 12.42% during 2024-2032
Ans: Agricultural Lighting Market size was USD 11.60 billion in 2023 and is expected to Reach USD 33.17 billion by 2032.
Ans: The major growth factor of the Agricultural Lighting Market is the rising adoption of energy-efficient LED and smart lighting solutions in controlled-environment farming (greenhouses, vertical farms, and livestock facilities) to enhance productivity and sustainability.
Ans: The LED segment dominated the Agricultural Lighting Market in 2023.
Ans: Europe dominated the Agricultural Lighting Market in 2023.
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Adoption of Smart & AI-Integrated Agricultural Lighting
5.2 Agricultural Lighting Energy Consumption & Efficiency Gains
5.3 Supply Chain Metrics in Agricultural Lighting
5.4 Greenhouse & Vertical Farming Lighting Utilization
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and Promotional Activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Agricultural Lighting Market Segmentation, By Light Source
7.1 Chapter Overview
7.2 Fluorescent
7.2.1 Fluorescent Market Trends Analysis (2020-2032)
7.2.2 Fluorescent Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 HID
7.3.1 HID Market Trends Analysis (2020-2032)
7.3.2 HID Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 LED
7.4.1 LED Market Trends Analysis (2020-2032)
7.4.2 LED Market Size Estimates and Forecasts to 2032 (USD Billion)
7.5 Others
7.5.1 Others Market Trends Analysis (2020-2032)
7.5.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Agricultural Lighting Market Segmentation, By Installation
8.1 Chapter Overview
8.2 New
8.2.1 New Market Trends Analysis (2020-2032)
8.2.2 New Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Retrofit
8.3.1 Retrofit Market Trends Analysis (2020-2032)
8.3.2 Retrofit Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Agricultural Lighting Market Segmentation, By Application
9.1 Chapter Overview
9.2 Aquaculture
9.2.1 Aquaculture Market Trends Analysis (2020-2032)
9.2.2 Aquaculture Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 Livestock
9.3.1 Livestock Market Trends Analysis (2020-2032)
9.3.2 Livestock Market Size Estimates and Forecasts to 2032 (USD Billion)
9.4 Horticulture
9.4.1 Horticulture Market Trends Analysis (2020-2032)
9.4.2 Horticulture Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America Agricultural Lighting Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.2.3 North America Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.2.4 North America Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.2.5 North America Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.2.6 USA
10.2.6.1 USA Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.2.6.2 USA Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.2.6.3 USA Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.2.7 Canada
10.2.7.1 Canada Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.2.7.2 Canada Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.2.7.3 Canada Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.2.8 Mexico
10.2.8.1 Mexico Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.2.8.2 Mexico Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.2.8.3 Mexico Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Trends Analysis
10.3.1.2 Eastern Europe Agricultural Lighting Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.1.3 Eastern Europe Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.3.1.4 Eastern Europe Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.3.1.5 Eastern Europe Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.1.6 Poland
10.3.1.6.1 Poland Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.3.1.6.2 Poland Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.3.1.6.3 Poland Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.1.7 Romania
10.3.1.7.1 Romania Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.3.1.7.2 Romania Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.3.1.7.3 Romania Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.1.8 Hungary
10.3.1.8.1 Hungary Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.3.1.8.2 Hungary Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.3.1.8.3 Hungary Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.1.9 Turkey
10.3.1.9.1 Turkey Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.3.1.9.2 Turkey Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.3.1.9.3 Turkey Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.1.10 Rest of Eastern Europe
10.3.1.10.1 Rest of Eastern Europe Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.3.1.10.2 Rest of Eastern Europe Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.3.1.10.3 Rest of Eastern Europe Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2 Western Europe
10.3.2.1 Trends Analysis
10.3.2.2 Western Europe Agricultural Lighting Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.2.3 Western Europe Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.3.2.4 Western Europe Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.3.2.5 Western Europe Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.6 Germany
10.3.2.6.1 Germany Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.3.2.6.2 Germany Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.3.2.6.3 Germany Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.7 France
10.3.2.7.1 France Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.3.2.7.2 France Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.3.2.7.3 France Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.8 UK
10.3.2.8.1 UK Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.3.2.8.2 UK Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.3.2.8.3 UK Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.9 Italy
10.3.2.9.1 Italy Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.3.2.9.2 Italy Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.3.2.9.3 Italy Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.10 Spain
10.3.2.10.1 Spain Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.3.2.10.2 Spain Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.3.2.10.3 Spain Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.11 Netherlands
10.3.2.11.1 Netherlands Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.3.2.11.2 Netherlands Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.3.2.11.3 Netherlands Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.12 Switzerland
10.3.2.12.1 Switzerland Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.3.2.12.2 Switzerland Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.3.2.12.3 Switzerland Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.13 Austria
10.3.2.13.1 Austria Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.3.2.13.2 Austria Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.3.2.13.3 Austria Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.3.2.14 Rest of Western Europe
10.3.2.14.1 Rest of Western Europe Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.3.2.14.2 Rest of Western Europe Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.3.2.14.3 Rest of Western Europe Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4 Asia Pacific
10.4.1 Trends Analysis
10.4.2 Asia Pacific Agricultural Lighting Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.4.3 Asia Pacific Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.4.4 Asia Pacific Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.4.5 Asia Pacific Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.6 China
10.4.6.1 China Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.4.6.2 China Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.4.6.3 China Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.7 India
10.4.7.1 India Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.4.7.2 India Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.4.7.3 India Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.8 Japan
10.4.8.1 Japan Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.4.8.2 Japan Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.4.8.3 Japan Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.9 South Korea
10.4.9.1 South Korea Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.4.9.2 South Korea Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.4.9.3 South Korea Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.10 Vietnam
10.4.10.1 Vietnam Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.4.10.2 Vietnam Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.4.10.3 Vietnam Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.11 Singapore
10.4.11.1 Singapore Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.4.11.2 Singapore Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.4.11.3 Singapore Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.12 Australia
10.4.12.1 Australia Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.4.12.2 Australia Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.4.12.3 Australia Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.4.13 Rest of Asia Pacific
10.4.13.1 Rest of Asia Pacific Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.4.13.2 Rest of Asia Pacific Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.4.13.3 Rest of Asia Pacific Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5 Middle East and Africa
10.5.1 Middle East
10.5.1.1 Trends Analysis
10.5.1.2 Middle East Agricultural Lighting Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.1.3 Middle East Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.5.1.4 Middle East Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.5.1.5 Middle East Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.1.6 UAE
10.5.1.6.1 UAE Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.5.1.6.2 UAE Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.5.1.6.3 UAE Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.1.7 Egypt
10.5.1.7.1 Egypt Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.5.1.7.2 Egypt Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.5.1.7.3 Egypt Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.1.8 Saudi Arabia
10.5.1.8.1 Saudi Arabia Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.5.1.8.2 Saudi Arabia Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.5.1.8.3 Saudi Arabia Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.1.9 Qatar
10.5.1.9.1 Qatar Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.5.1.9.2 Qatar Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.5.1.9.3 Qatar Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.1.10 Rest of Middle East
10.5.1.10.1 Rest of Middle East Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.5.1.10.2 Rest of Middle East Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.5.1.10.3 Rest of Middle East Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.2 Africa
10.5.2.1 Trends Analysis
10.5.2.2 Africa Agricultural Lighting Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.2.3 Africa Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.5.2.4 Africa Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.5.2.5 Africa Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.2.6 South Africa
10.5.2.6.1 South Africa Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.5.2.6.2 South Africa Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.5.2.6.3 South Africa Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.2.7 Nigeria
10.5.2.7.1 Nigeria Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.5.2.7.2 Nigeria Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.5.2.7.3 Nigeria Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.5.2.8 Rest of Africa
10.5.2.8.1 Rest of Africa Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.5.2.8.2 Rest of Africa Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.5.2.8.3 Rest of Africa Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America Agricultural Lighting Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.6.3 Latin America Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.6.4 Latin America Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.6.5 Latin America Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.6.6 Brazil
10.6.6.1 Brazil Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.6.6.2 Brazil Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.6.6.3 Brazil Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.6.7 Argentina
10.6.7.1 Argentina Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.6.7.2 Argentina Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.6.7.3 Argentina Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.6.8 Colombia
10.6.8.1 Colombia Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.6.8.2 Colombia Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.6.8.3 Colombia Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
10.6.9 Rest of Latin America
10.6.9.1 Rest of Latin America Agricultural Lighting Market Estimates and Forecasts, By Light Source (2020-2032) (USD Billion)
10.6.9.2 Rest of Latin America Agricultural Lighting Market Estimates and Forecasts, By Installation (2020-2032) (USD Billion)
10.6.9.3 Rest of Latin America Agricultural Lighting Market Estimates and Forecasts, By Application (2020-2032) (USD Billion)
11. Company Profiles
11.1 HATO Agricultural Lighting.
11.1.1 Company Overview
11.1.2 Financial
11.1.3 Products/ Services Offered
11.1.4 SWOT Analysis
11.2 Sennlite Agricultural Lighting Technology Co., LTD
11.2.1 Company Overview
11.2.2 Financial
11.2.3 Products/ Services Offered
11.2.4 SWOT Analysis
11.3 Orion Energy Systems
11.3.1 Company Overview
11.3.2 Financial
11.3.3 Products/ Services Offered
11.3.4 SWOT Analysis
11.4 Hontech-Wins.
11.4.1 Company Overview
11.4.2 Financial
11.4.3 Products/ Services Offered
11.4.4 SWOT Analysis
11.5 Legion Lighting Co., Inc.
11.5.1 Company Overview
11.5.2 Financial
11.5.3 Products/ Services Offered
11.5.4 SWOT Analysis
11.6 G&G Industrial Lighting
11.6.1 Company Overview
11.6.2 Financial
11.6.3 Products/ Services Offered
11.6.4 SWOT Analysis
11.7 J.W. Speaker Corporation.
11.7.1 Company Overview
11.7.2 Financial
11.7.3 Products/ Services Offered
11.7.4 SWOT Analysis
11.8 Growlight Agricultural Lighting Solutions.
11.8.1 Company Overview
11.8.2 Financial
11.8.3 Products/ Services Offered
11.8.4 SWOT Analysis
11.9 Everlight Electronics
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Products/ Services Offered
11.9.4 SWOT Analysis
11.10 Signify (formerly Philips Lighting).
11.10.1 Company Overview
11.10.2 Financial
11.10.3 Products/ Services Offered
11.10.4 SWOT Analysis
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Light Source
Fluorescent
HID
LED
Others
By Installation
New
Retrofit
By Application
Aquaculture
Livestock
Horticulture
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Detailed Volume Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Competitive Product Benchmarking
Geographic Analysis
Additional countries in any of the regions
Customized Data Representation
Detailed analysis and profiling of additional market players
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