Market Overview:
The global LED livestock grow lights market is expected to register a CAGR of 7.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for meat and dairy products, globally. In addition, the rising awareness about the benefits of using LED grow lights for livestock farming is also propelling the growth of this market. Based on type, below 50 W segment is projected to account for a major share in terms of revenue in 2018 and is expected to maintain its dominance throughout 2030. This can be attributed to low installation and operational costs associated with these lights as compared to other types available in the market.
Product Definition:
LED Livestock Grow Lights are lights that emit light in the visible spectrum. They are used to provide light for plants, specifically to promote growth.
Below 50 W:
Below 50 W is the power range which is used by LED livestock grow lights. The growth factor in this market is very high as compared to the general lighting market. The main reason for this growth factor increase can be attributed to heat dissipation ability of LEDs over traditional lighting sources, such as HPS and fluorescent lamps/ tubes.
50-80 W:
50-80 W is the range of power consumption by LED livestock grow lights. It depends on the type of light source used and application requirement. 50-80 W is usually sufficient for indoor farming where plants are grown in a container at a regular interval and they require less light intensity as compared to field crops.
Growing plants under such lighting conditions helps save energy, reduces cost, increases yield,.
Application Insights:
Based on the application, the market is segmented into farm, enterprise and others. The farm application segment dominated the overall industry in terms of revenue in 2017. This can be attributed to increasing demand for dairy products and meat across various regions including North America and Europe. Moreover, this segment is expected to maintain its dominance over the forecast period due to rising demand for animal feed as well as specialty crops such as fruits and vegetables among other things such as floriculture products around the world.
The enterprise application segment is projected to witness significant growth over next eight years owing to growing investments by companies involved in livestock production globally. For instance, JBS has invested USD 1 billion annually since 2013 on a net basis for expanding its operations which include cattle breeding farms across Brazil, Argentina & Uruguay along with processing facilities at Livramento (Brazil) & Campinas (Brazil).
Regional Analysis:
North America led the global market in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing demand for meat and dairy products, coupled with rising R&D investments by governments and private companies. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 due to rapid urbanization, expanding livestock farming base, improving economic conditions of farmers as well as increased adoption of modern agriculture technologies such as LED lights in China and Japan. Moreover, growing awareness regarding animal health & welfare along with favorable government regulations are some other factors driving growth in this region.
Europe also accounted for a significant share of global revenue in 2017 owing both to high demand for meat products and extensive R&D on livestock husbandry practices across European countries including U.K.
Growth Factors:
- Increasing demand for meat and dairy products due to population growth and changing dietary preferences
- Rising awareness about the benefits of LED livestock grow lights among farmers
- Technological advancements in LED lighting technology
- Growing investments in agriculture sector by governments and private players
- Expansion of retail networks across rural areas
Scope Of The Report
Report Attributes
Report Details
Report Title
LED Livestock Grow Lights Market Research Report
By Type
Below 50 W, 50-80 W, 80-100 W, 100-200 W, Above 200 W
By Application
Farm, Enterprise
By Companies
OSRAM, Signify Holding, DeLaval, Uni-light LED, Aruna Lighting, Shenzhen Hontech-Wins, CBM Lighting, OSRAM
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global LED Livestock Grow Lights Market Report Segments:
The global LED Livestock Grow Lights market is segmented on the basis of:
Types
Below 50 W, 50-80 W, 80-100 W, 100-200 W, Above 200 W
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Farm, Enterprise
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- OSRAM
- Signify Holding
- DeLaval
- Uni-light LED
- Aruna Lighting
- Shenzhen Hontech-Wins
- CBM Lighting
- OSRAM
Highlights of The LED Livestock Grow Lights Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Below 50 W
- 50-80 W
- 80-100 W
- 100-200 W
- Above 200 W
- By Application:
- Farm
- Enterprise
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the LED Livestock Grow Lights Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
LED livestock grow lights are a type of artificial light that is used to grow plants. They use LED bulbs, which are more efficient and last longer than traditional incandescent bulbs.
Some of the major companies in the led livestock grow lights market are OSRAM, Signify Holding, DeLaval, Uni-light LED, Aruna Lighting, Shenzhen Hontech-Wins, CBM Lighting, OSRAM.
The led livestock grow lights market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 LED Livestock Grow Lights Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 LED Livestock Grow Lights Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 LED Livestock Grow Lights Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the LED Livestock Grow Lights Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global LED Livestock Grow Lights Market Size & Forecast, 2018-2028 4.5.1 LED Livestock Grow Lights Market Size and Y-o-Y Growth 4.5.2 LED Livestock Grow Lights Market Absolute $ Opportunity
Chapter 5 Global LED Livestock Grow Lights Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 LED Livestock Grow Lights Market Size Forecast by Type
5.2.1 Below 50 W
5.2.2 50-80 W
5.2.3 80-100 W
5.2.4 100-200 W
5.2.5 Above 200 W
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global LED Livestock Grow Lights Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 LED Livestock Grow Lights Market Size Forecast by Applications
6.2.1 Farm
6.2.2 Enterprise
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global LED Livestock Grow Lights Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 LED Livestock Grow Lights Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America LED Livestock Grow Lights Analysis and Forecast
9.1 Introduction
9.2 North America LED Livestock Grow Lights Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America LED Livestock Grow Lights Market Size Forecast by Type
9.6.1 Below 50 W
9.6.2 50-80 W
9.6.3 80-100 W
9.6.4 100-200 W
9.6.5 Above 200 W
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America LED Livestock Grow Lights Market Size Forecast by Applications
9.10.1 Farm
9.10.2 Enterprise
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe LED Livestock Grow Lights Analysis and Forecast
10.1 Introduction
10.2 Europe LED Livestock Grow Lights Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe LED Livestock Grow Lights Market Size Forecast by Type
10.6.1 Below 50 W
10.6.2 50-80 W
10.6.3 80-100 W
10.6.4 100-200 W
10.6.5 Above 200 W
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe LED Livestock Grow Lights Market Size Forecast by Applications
10.10.1 Farm
10.10.2 Enterprise
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific LED Livestock Grow Lights Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific LED Livestock Grow Lights Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific LED Livestock Grow Lights Market Size Forecast by Type
11.6.1 Below 50 W
11.6.2 50-80 W
11.6.3 80-100 W
11.6.4 100-200 W
11.6.5 Above 200 W
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific LED Livestock Grow Lights Market Size Forecast by Applications
11.10.1 Farm
11.10.2 Enterprise
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America LED Livestock Grow Lights Analysis and Forecast
12.1 Introduction
12.2 Latin America LED Livestock Grow Lights Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America LED Livestock Grow Lights Market Size Forecast by Type
12.6.1 Below 50 W
12.6.2 50-80 W
12.6.3 80-100 W
12.6.4 100-200 W
12.6.5 Above 200 W
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America LED Livestock Grow Lights Market Size Forecast by Applications
12.10.1 Farm
12.10.2 Enterprise
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) LED Livestock Grow Lights Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) LED Livestock Grow Lights Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) LED Livestock Grow Lights Market Size Forecast by Type
13.6.1 Below 50 W
13.6.2 50-80 W
13.6.3 80-100 W
13.6.4 100-200 W
13.6.5 Above 200 W
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) LED Livestock Grow Lights Market Size Forecast by Applications
13.10.1 Farm
13.10.2 Enterprise
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 LED Livestock Grow Lights Market: Competitive Dashboard
14.2 Global LED Livestock Grow Lights Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 OSRAM
14.3.2 Signify Holding
14.3.3 DeLaval
14.3.4 Uni-light LED
14.3.5 Aruna Lighting
14.3.6 Shenzhen Hontech-Wins
14.3.7 CBM Lighting
14.3.8 OSRAM