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Livestock Grow Lights Market Share, Growth & Forecast [2030]
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Livestock Grow Lights Market Share, Growth & Forecast [2030]

Segments - Livestock Grow Lights Market by Types (LED, Incandescent, Fluorescent, and High-Intensity Discharge), Color Types (Red, White, Blue, and Green), Livestock (Poultry, Cattle, Swine, and Others), Installation Types (Retrofit and New-installation), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

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Author : Raksha Sharma
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Upcoming | Report ID :HC-4323 | 4.2 Rating | 74 Reviews | 212 Pages | Format : PDF Excel PPT

Report Description


The global livestock grow lights market size is anticipated to register a high CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the owing to growing demand for animal-based products and rapid introduction of different flavored meat products.

Livestock grow lights are set of lighting required for the effective growth of the livestock. These lights are generally installed indoor and available in different color including white, red, green, and blue, which are specifically used for different purposes. In dairy farms, the lights help in maximization of the output of milk from dairy cattle as lights are used to restorative muscle and beef cattle.
 

Global Livestock Grow Lights Market summary

The healthy growth of livestock leads to the rapid growth to increase meat production. The indoor lights offer various benefits to plantation as these lights allow a wide variety of plants to extract essential source of light irrespective of different climate conditions throughout the year. These lights are specially designed to act as a natural sunlight stimulating photosynthesis and providing the right color setting for the plants to grow and flourish effectively.

  • Increasing demand for meat products and rising number of livestock population in developed countries including the UK, the US, China, and Germany are key factors boosting the market.
  • Growing number of livestock farming and advancement of artificial lighting systems including fluorescent and LED lighting further push to expand the market.
  • Rising awareness about effective methods for herd farming practices among farmers in advanced economies as well as wide establishment of the cattle as well as poultry farming are another key drivers of the market.
  • High cost of lighting system and heavy maintenance cost are major hurdles that can hamper the market expansion. 
  • Increasing economic benefits in farms through installations of lighting systems such as rising milk and meat production as well as decreasing feed usage and electricity costs are fueling the growth of livestock grow lights.

Scope of Livestock Grow Lights Market Report

The report on the global livestock grow lights market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Livestock Grow Lights Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Types (LED, Incandescent, Fluorescent, and High-Intensity Discharge), Color Types (Red, White, Blue, and Green), Livestock (Poultry, Cattle, Swine, and Others), and Installation Types (Retrofit and New-Installation)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

OSRAM GmbH; Signify Holding; HATO BV; Big Dutchman; DeLaval Inc.; Greengage Lighting and Agri-tech; Fienhage Poultry-Solutions GmbH; and Once Inc.

Livestock Grow Lights Market Segment Insights

Based on types, the global livestock grow lights market is divided into LED, incandescent, fluorescent, and high-intensity discharge. The fluorescent segment is expected to grow at a rapid pace during the forecast period owing to increasing good performance of fluorescent lights as compared to the incandescent light bulb and high-intensity discharge lamps. However, the LED light segment is anticipated to hold a key share of the market in the coming years owing to the high demand for less energy consumption lighting systems for indoor farming.

Global Livestock Grow Lights Market Types

On the basis of color types, the market is segregated into red, white, blue, and green. The blue segment is projected to expand at a considerable CAGR during the forecast period owing to extensive use of the color in different types of livestock farming. The blue color light offers to ensure healthy growth of livestock as it helps in relieving stress of the farm animals. The color setting is favorable and can be easily applicable for various farming practices of livestock including beef cattle and poultry.  

Based on livestock, the global livestock grow lights market is segregated into cattle, poultry, swine, and others. The cattle segment is projected to expand at a considerable CAGR during the forecast period owing to increasing demand for milk and processed meat products from cattle. The grow light helps in executing healthy growth of dairy cattle in dairy farms and route in beef cattle. On the other hand, the poultry segment is anticipated to account for a major market share during the forecast period owing to rising number of layers and broilers farming to meet the demand for meat and eggs.

On the basis of installation types, the market is divided into retrofit and new-installation. The retrofit segment is projected to grow at healthy rate during the forecast period owing to the wide popularity of the installation system due to several advantages such as easy installation, inexpensive, and durability.

In terms of regions, the global livestock grow lights market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to constitute a key share of the market during the projected period owing to growing demand for beef, meat, as well as high-quality dairy products among a large number of the population in the region. However, the market of Asia Pacific is anticipated to expand at a rapid pace during the forecast period due to increasing herd population leads to growing in the size of the existing farms as well as growing number of new livestock farms in the region.

Global Livestock Grow Lights Market Regions

Segments

The global livestock grow lights market has been segmented on the basis of

Types

  • LED
  • Incandescent
  • Fluorescent
  • High-Intensity Discharge

Color Types

  • Red
  • White
  • Blue
  • Green

Livestock

  • Poultry
  • Cattle
  • Swine
  • Others

Installation Types

  • Retrofit
  • New-Installation

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • OSRAM GmbH
  • Signify Holding
  • HATO BV
  • Big Dutchman
  • DeLaval Inc.
  • Greengage Lighting and Agri-tech
  • Fienhage Poultry-Solutions GmbH
  • Once Inc.

Competitive Landscape

Key players competing in the global livestock grow lights market are OSRAM GmbH; Signify Holding; HATO BV; Big Dutchman; DeLaval Inc.; Greengage Lighting and Agri-tech; Fienhage Poultry-Solutions GmbH; and Once Inc.

In May 2019, signify Holding acquired two livestock lighting companies namely Once Inc. and ilox GmbH. With this agreement, both the companies could focus on the growth the quality of life for beasts by providing tailor-made lighting system.
In August 2019, Uni-lightled.com and Meltron AB agreed to enter into a merger deal. The merger was aimed at focusing on increasing profit of both the companies through accrual of the selling force of LED lighting in Finland and Germany.

Global Livestock Grow Lights Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Livestock Grow Lights Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Livestock Grow Lights Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Livestock Grow Lights Market - Supply Chain
  4.5. Global Livestock Grow Lights Market Forecast
     4.5.1. Livestock Grow Lights Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Livestock Grow Lights Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Livestock Grow Lights Market Absolute $ Opportunity
5. Global Livestock Grow Lights Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Livestock Grow Lights Market Size and Volume Forecast by Types
     5.3.1. LED
     5.3.2. Incandescent
     5.3.3. Fluorescent
     5.3.4. High-Intensity Discharge
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Livestock Grow Lights Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Livestock Grow Lights Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Livestock Grow Lights Demand Share Forecast, 2019-2026
7. North America Livestock Grow Lights Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Livestock Grow Lights Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Livestock Grow Lights Market Size and Volume Forecast by Types
     7.4.1. LED
     7.4.2. Incandescent
     7.4.3. Fluorescent
     7.4.4. High-Intensity Discharge
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Livestock Grow Lights Demand Share Forecast, 2019-2026
8. Latin America Livestock Grow Lights Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Livestock Grow Lights Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Livestock Grow Lights Market Size and Volume Forecast by Types
     8.4.1. LED
     8.4.2. Incandescent
     8.4.3. Fluorescent
     8.4.4. High-Intensity Discharge
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Livestock Grow Lights Demand Share Forecast, 2019-2026
9. Europe Livestock Grow Lights Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Livestock Grow Lights Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Livestock Grow Lights Market Size and Volume Forecast by Types
     9.4.1. LED
     9.4.2. Incandescent
     9.4.3. Fluorescent
     9.4.4. High-Intensity Discharge
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Livestock Grow Lights Demand Share Forecast, 2019-2026
10. Asia Pacific Livestock Grow Lights Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Livestock Grow Lights Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Livestock Grow Lights Market Size and Volume Forecast by Types
     10.4.1. LED
     10.4.2. Incandescent
     10.4.3. Fluorescent
     10.4.4. High-Intensity Discharge
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Livestock Grow Lights Demand Share Forecast, 2019-2026
11. Middle East & Africa Livestock Grow Lights Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Livestock Grow Lights Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Livestock Grow Lights Market Size and Volume Forecast by Types
     11.4.1. LED
     11.4.2. Incandescent
     11.4.3. Fluorescent
     11.4.4. High-Intensity Discharge
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Livestock Grow Lights Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Livestock Grow Lights Market: Market Share Analysis
  12.2. Livestock Grow Lights Distributors and Customers
  12.3. Livestock Grow Lights Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. OSRAM GmbH
     12.4.2. Signify Holding
     12.4.3. HATO BV
     12.4.4. Big Dutchman
     12.4.5. DeLaval Inc.
     12.4.6. Greengage Lighting and Agri-tech
     12.4.7. Fienhage Poultry-Solutions GmbH
     12.4.8. Once Inc

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