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Agriculture Lighting Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031

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  • ams OSRAM AG
  • California LightWorks
  • CBM Lighting
  • Current Lighting Solutions, LLC.
  • DeLaval
  • Gavita International BV
  • HATO Agricultural Lighting
  • Heliospectra AB
  • Hubbell Incorporated
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KSA 23.10.10

Agriculture Lighting Market - Scope of Report

TMR's report on the global agriculture lighting market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2023 to 2031. The report provides revenue of the global agriculture lighting market for the period 2017-2031, considering 2023 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global agriculture lighting market from 2023 to 2031.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players' product literature, annual reports, press releases, and relevant documents to understand the agriculture lighting market.

Market Snapshot
Market Value in 2023US$ 1.3 Bn
Market Value in 2031US$ 5.4 Bn
CAGR16.8%

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global agriculture lighting market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global agriculture lighting market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global agriculture lighting market.

The report delves into the competitive landscape of the global agriculture lighting market. Key players operating in the global agriculture lighting market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global agriculture lighting market profiled in this report.

Key Questions Answered in Global Agriculture Lighting Market Report:

  • What is the sales/revenue generated by agriculture lighting across all regions during the forecast period?
  • What are the opportunities in the global agriculture lighting market?
  • What are the major drivers, restraints, opportunities, and threats in the market?
  • Which regional market is set to expand at the fastest CAGR during the forecast period?
  • Which segment is expected to generate the highest revenue globally in 2031?
  • Which segment is projected to expand at the highest CAGR during the forecast period?
  • What are the market positions of different companies operating in the global market?

Agriculture Lighting Market - Research Objectives and Research Approach

The comprehensive report on the global agriculture lighting market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global agriculture lighting market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2031 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global agriculture lighting market.

Table of Contents

1. Preface

  • 1.1. Market and Segments Definition
  • 1.2. Market Taxonomy
  • 1.3. Research Methodology
  • 1.4. Assumption and Acronyms

2. Executive Summary

  • 2.1. Global Agriculture Lighting Market Overview
  • 2.2. Regional Outline
  • 2.3. Industry Outline
  • 2.4. Market Dynamics Snapshot
  • 2.5. Competition Blueprint

3. Market Dynamics

  • 3.1. Macro-economic Factors
  • 3.2. Drivers
  • 3.3. Restraints
  • 3.4. Opportunities
  • 3.5. Key Trends
  • 3.6. Regulatory Framework

4. Associated Industry and Key Indicator Assessment

  • 4.1. Parent Industry Overview - Global Lighting Industry Overview
  • 4.2. Supply Chain Analysis
  • 4.3. Pricing Analysis
  • 4.4. Technology Roadmap
  • 4.5. Industry SWOT Analysis
  • 4.6. Porter's Five Forces Analysis

5. Global Agriculture Lighting Market Analysis, By Component

  • 5.1. Agriculture Lighting Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, By Component, 2017-2031
    • 5.1.1. Lamps
    • 5.1.2. Luminaries
    • 5.1.3. Lighting Controls
    • 5.1.4. Sensing Devices
    • 5.1.5. Others (Timer, Accessories, etc.)
  • 5.2. Market Attractiveness Analysis, By Component

6. Global Agriculture Lighting Market Analysis, By Light Source

  • 6.1. Agriculture Lighting Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, By Light Source, 2017-2031
    • 6.1.1. Incandescent Lamps
    • 6.1.2. Fluorescent Lamps
    • 6.1.3. High Intensity Discharge Lamps
    • 6.1.4. LEDs
    • 6.1.5. Others (Halogen, Metal-halide, etc.)
  • 6.2. Market Attractiveness Analysis, By Light Source

7. Global Agriculture Lighting Market Analysis, By Wattage Type

  • 7.1. Agriculture Lighting Market Size (US$ Mn) Analysis & Forecast, By Wattage Type, 2017-2031
    • 7.1.1. Up to 100W
    • 7.1.2. 100W - 300W
    • 7.1.3. 300W - 500W
    • 7.1.4. Above 500W
  • 7.2. Market Attractiveness Analysis, By Wattage Type

8. Global Agriculture Lighting Market Analysis, By Application

  • 8.1. Agriculture Lighting Market Size (US$ Mn) Analysis & Forecast, By Application, 2017-2031
    • 8.1.1. Horticulture
    • 8.1.2. Livestock
    • 8.1.3. Aquaculture
    • 8.1.4. Vertical Farming
      • 8.1.4.1. Hydroponics
      • 8.1.4.2. Aeroponics
      • 8.1.4.3. Aquaponics
  • 8.2. Market Attractiveness Analysis, By Application

9. Global Agriculture Lighting Market Analysis and Forecast, By Region

  • 9.1. Agriculture Lighting Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, By Region, 2017-2031
    • 9.1.1. North America
    • 9.1.2. Europe
    • 9.1.3. Asia Pacific
    • 9.1.4. Middle East & Africa
    • 9.1.5. South America
  • 9.2. Market Attractiveness Analysis, By Region

10. North America Agriculture Lighting Market Analysis and Forecast

  • 10.1. Market Snapshot
  • 10.2. Agriculture Lighting Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, By Component, 2017-2031
    • 10.2.1. Lamps
    • 10.2.2. Luminaries
    • 10.2.3. Lighting Controls
    • 10.2.4. Sensing Devices
    • 10.2.5. Others (Timer, Accessories, etc.)
  • 10.3. Agriculture Lighting Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, By Light Source, 2017-2031
    • 10.3.1. Incandescent Lamps
    • 10.3.2. Fluorescent Lamps
    • 10.3.3. High Intensity Discharge Lamps
    • 10.3.4. LEDs
    • 10.3.5. Others (Halogen, Metal-halide, etc.)
  • 10.4. Agriculture Lighting Market Size (US$ Mn) Analysis & Forecast, By Wattage Type, 2017-2031
    • 10.4.1. Up to 100W
    • 10.4.2. 100W - 300W
    • 10.4.3. 300W - 500W
    • 10.4.4. Above 500W
  • 10.5. Agriculture Lighting Market Size (US$ Mn) Analysis & Forecast, By Application, 2017-2031
    • 10.5.1. Horticulture
    • 10.5.2. Livestock
    • 10.5.3. Aquaculture
    • 10.5.4. Vertical Farming
      • 10.5.4.1. Hydroponics
      • 10.5.4.2. Aeroponics
      • 10.5.4.3. Aquaponics
  • 10.6. Agriculture Lighting Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, By Country and Sub-region, 2017-2031
    • 10.6.1. U.S.
    • 10.6.2. Canada
    • 10.6.3. Rest of North America
  • 10.7. Market Attractiveness Analysis
    • 10.7.1. By Component
    • 10.7.2. By Light Source
    • 10.7.3. By Wattage Type
    • 10.7.4. By Application
    • 10.7.5. By Country/Sub-region

11. Europe Agriculture Lighting Market Analysis and Forecast

  • 11.1. Market Snapshot
  • 11.2. Agriculture Lighting Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, By Component, 2017-2031
    • 11.2.1. Lamps
    • 11.2.2. Luminaries
    • 11.2.3. Lighting Controls
    • 11.2.4. Sensing Devices
    • 11.2.5. Others (Timer, Accessories, etc.)
  • 11.3. Agriculture Lighting Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, By Light Source, 2017-2031
    • 11.3.1. Incandescent Lamps
    • 11.3.2. Fluorescent Lamps
    • 11.3.3. High Intensity Discharge Lamps
    • 11.3.4. LEDs
    • 11.3.5. Others (Halogen, Metal-halide, etc.)
  • 11.4. Agriculture Lighting Market Size (US$ Mn) Analysis & Forecast, By Wattage Type, 2017-2031
    • 11.4.1. Up to 100W
    • 11.4.2. 100W - 300W
    • 11.4.3. 300W - 500W
    • 11.4.4. Above 500W
  • 11.5. Agriculture Lighting Market Size (US$ Mn) Analysis & Forecast, By Application, 2017-2031
    • 11.5.1. Horticulture
    • 11.5.2. Livestock
    • 11.5.3. Aquaculture
    • 11.5.4. Vertical Farming
      • 11.5.4.1. Hydroponics
      • 11.5.4.2. Aeroponics
      • 11.5.4.3. Aquaponics
  • 11.6. Agriculture Lighting Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, By Country and Sub-region, 2017-2031
    • 11.6.1. U.K.
    • 11.6.2. Germany
    • 11.6.3. France
    • 11.6.4. Rest of Europe
  • 11.7. Market Attractiveness Analysis
    • 11.7.1. By Component
    • 11.7.2. By Light Source
    • 11.7.3. By Wattage Type
    • 11.7.4. By Application
    • 11.7.5. By Country/Sub-region

12. Asia Pacific Agriculture Lighting Market Analysis and Forecast

  • 12.1. Market Snapshot
  • 12.2. Agriculture Lighting Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, By Component, 2017-2031
    • 12.2.1. Lamps
    • 12.2.2. Luminaries
    • 12.2.3. Lighting Controls
    • 12.2.4. Sensing Devices
    • 12.2.5. Others (Timer, Accessories, etc.)
  • 12.3. Agriculture Lighting Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, By Light Source, 2017-2031
    • 12.3.1. Incandescent Lamps
    • 12.3.2. Fluorescent Lamps
    • 12.3.3. High Intensity Discharge Lamps
    • 12.3.4. LEDs
    • 12.3.5. Others (Halogen, Metal-halide, etc.)
  • 12.4. Agriculture Lighting Market Size (US$ Mn) Analysis & Forecast, By Wattage Type, 2017-2031
    • 12.4.1. Up to 100W
    • 12.4.2. 100W - 300W
    • 12.4.3. 300W - 500W
    • 12.4.4. Above 500W
  • 12.5. Agriculture Lighting Market Size (US$ Mn) Analysis & Forecast, By Application, 2017-2031
    • 12.5.1. Horticulture
    • 12.5.2. Livestock
    • 12.5.3. Aquaculture
    • 12.5.4. Vertical Farming
      • 12.5.4.1. Hydroponics
      • 12.5.4.2. Aeroponics
      • 12.5.4.3. Aquaponics
  • 12.6. Agriculture Lighting Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, By Country and Sub-region, 2017-2031
    • 12.6.1. China
    • 12.6.2. Japan
    • 12.6.3. India
    • 12.6.4. South Korea
    • 12.6.5. ASEAN
    • 12.6.6. Rest of Asia Pacific
  • 12.7. Market Attractiveness Analysis
    • 12.7.1. By Component
    • 12.7.2. By Light Source
    • 12.7.3. By Wattage Type
    • 12.7.4. By Application
    • 12.7.5. By Country/Sub-region

13. Middle East & Africa Agriculture Lighting Market Analysis and Forecast

  • 13.1. Market Snapshot
  • 13.2. Agriculture Lighting Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, By Component, 2017-2031
    • 13.2.1. Lamps
    • 13.2.2. Luminaries
    • 13.2.3. Lighting Controls
    • 13.2.4. Sensing Devices
    • 13.2.5. Others (Timer, Accessories, etc.)
  • 13.3. Agriculture Lighting Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, By Light Source, 2017-2031
    • 13.3.1. Incandescent Lamps
    • 13.3.2. Fluorescent Lamps
    • 13.3.3. High Intensity Discharge Lamps
    • 13.3.4. LEDs
    • 13.3.5. Others (Halogen, Metal-halide, etc.)
  • 13.4. Agriculture Lighting Market Size (US$ Mn) Analysis & Forecast, By Wattage Type, 2017-2031
    • 13.4.1. Up to 100W
    • 13.4.2. 100W - 300W
    • 13.4.3. 300W - 500W
    • 13.4.4. Above 500W
  • 13.5. Agriculture Lighting Market Size (US$ Mn) Analysis & Forecast, By Application, 2017-2031
    • 13.5.1. Horticulture
    • 13.5.2. Livestock
    • 13.5.3. Aquaculture
    • 13.5.4. Vertical Farming
      • 13.5.4.1. Hydroponics
      • 13.5.4.2. Aeroponics
      • 13.5.4.3. Aquaponics
  • 13.6. Agriculture Lighting Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, By Country and Sub-region, 2017-2031
    • 13.6.1. GCC
    • 13.6.2. South Africa
    • 13.6.3. Rest of Middle East & Africa
  • 13.7. Market Attractiveness Analysis
    • 13.7.1. By Component
    • 13.7.2. By Light Source
    • 13.7.3. By Wattage Type
    • 13.7.4. By Application
    • 13.7.5. By Country/Sub-region

14. South America Agriculture Lighting Market Analysis and Forecast

  • 14.1. Market Snapshot
  • 14.2. Agriculture Lighting Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, By Component, 2017-2031
    • 14.2.1. Lamps
    • 14.2.2. Luminaries
    • 14.2.3. Lighting Controls
    • 14.2.4. Sensing Devices
    • 14.2.5. Others (Timer, Accessories, etc.)
  • 14.3. Agriculture Lighting Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, By Light Source, 2017-2031
    • 14.3.1. Incandescent Lamps
    • 14.3.2. Fluorescent Lamps
    • 14.3.3. High Intensity Discharge Lamps
    • 14.3.4. LEDs
    • 14.3.5. Others (Halogen, Metal-halide, etc.)
  • 14.4. Agriculture Lighting Market Size (US$ Mn) Analysis & Forecast, By Wattage Type, 2017-2031
    • 14.4.1. Up to 100W
    • 14.4.2. 100W - 300W
    • 14.4.3. 300W - 500W
    • 14.4.4. Above 500W
  • 14.5. Agriculture Lighting Market Size (US$ Mn) Analysis & Forecast, By Application, 2017-2031
    • 14.5.1. Horticulture
    • 14.5.2. Livestock
    • 14.5.3. Aquaculture
    • 14.5.4. Vertical Farming
      • 14.5.4.1. Hydroponics
      • 14.5.4.2. Aeroponics
      • 14.5.4.3. Aquaponics
  • 14.6. Agriculture Lighting Market Size (US$ Mn) and Volume (Million Units) Analysis & Forecast, By Country and Sub-region, 2017-2031
    • 14.6.1. Brazil
    • 14.6.2. Rest of South America
  • 14.7. Market Attractiveness Analysis
    • 14.7.1. By Component
    • 14.7.2. By Light Source
    • 14.7.3. By Wattage Type
    • 14.7.4. By Application
    • 14.7.5. By Country/Sub-region

15. Competition Assessment

  • 15.1. Global Agriculture Lighting Market Competition Matrix - a Dashboard View
    • 15.1.1. Global Agriculture Lighting Market Company Share Analysis, by Value (2022)
    • 15.1.2. Technological Differentiator

16. Company Profiles (Global Manufacturers/Suppliers)

  • 16.1. AKVA Group
    • 16.1.1. Overview
    • 16.1.2. Product Portfolio
    • 16.1.3. Sales Footprint
    • 16.1.4. Key Subsidiaries or Distributors
    • 16.1.5. Strategy and Recent Developments
    • 16.1.6. Key Financials
  • 16.2. ams OSRAM AG
    • 16.2.1. Overview
    • 16.2.2. Product Portfolio
    • 16.2.3. Sales Footprint
    • 16.2.4. Key Subsidiaries or Distributors
    • 16.2.5. Strategy and Recent Developments
    • 16.2.6. Key Financials
  • 16.3. California LightWorks
    • 16.3.1. Overview
    • 16.3.2. Product Portfolio
    • 16.3.3. Sales Footprint
    • 16.3.4. Key Subsidiaries or Distributors
    • 16.3.5. Strategy and Recent Developments
    • 16.3.6. Key Financials
  • 16.4. CBM Lighting
    • 16.4.1. Overview
    • 16.4.2. Product Portfolio
    • 16.4.3. Sales Footprint
    • 16.4.4. Key Subsidiaries or Distributors
    • 16.4.5. Strategy and Recent Developments
    • 16.4.6. Key Financials
  • 16.5. Current Lighting Solutions, LLC.
    • 16.5.1. Overview
    • 16.5.2. Product Portfolio
    • 16.5.3. Sales Footprint
    • 16.5.4. Key Subsidiaries or Distributors
    • 16.5.5. Strategy and Recent Developments
    • 16.5.6. Key Financials
  • 16.6. DeLaval
    • 16.6.1. Overview
    • 16.6.2. Product Portfolio
    • 16.6.3. Sales Footprint
    • 16.6.4. Key Subsidiaries or Distributors
    • 16.6.5. Strategy and Recent Developments
    • 16.6.6. Key Financials
  • 16.7. Gavita International B.V
    • 16.7.1. Overview
    • 16.7.2. Product Portfolio
    • 16.7.3. Sales Footprint
    • 16.7.4. Key Subsidiaries or Distributors
    • 16.7.5. Strategy and Recent Developments
    • 16.7.6. Key Financials
  • 16.8. HATO Agricultural Lighting
    • 16.8.1. Overview
    • 16.8.2. Product Portfolio
    • 16.8.3. Sales Footprint
    • 16.8.4. Key Subsidiaries or Distributors
    • 16.8.5. Strategy and Recent Developments
    • 16.8.6. Key Financials
  • 16.9. Heliospectra AB
    • 16.9.1. Overview
    • 16.9.2. Product Portfolio
    • 16.9.3. Sales Footprint
    • 16.9.4. Key Subsidiaries or Distributors
    • 16.9.5. Strategy and Recent Developments
    • 16.9.6. Key Financials
  • 16.10. Hubbell Incorporated
    • 16.10.1. Overview
    • 16.10.2. Product Portfolio
    • 16.10.3. Sales Footprint
    • 16.10.4. Key Subsidiaries or Distributors
    • 16.10.5. Strategy and Recent Developments
    • 16.10.6. Key Financials
  • 16.11. Lely
    • 16.11.1. Overview
    • 16.11.2. Product Portfolio
    • 16.11.3. Sales Footprint
    • 16.11.4. Key Subsidiaries or Distributors
    • 16.11.5. Strategy and Recent Developments
    • 16.11.6. Key Financials
  • 16.12. Luminus, Inc.
    • 16.12.1. Overview
    • 16.12.2. Product Portfolio
    • 16.12.3. Sales Footprint
    • 16.12.4. Key Subsidiaries or Distributors
    • 16.12.5. Strategy and Recent Developments
    • 16.12.6. Key Financials
  • 16.13. Samsung
    • 16.13.1. Overview
    • 16.13.2. Product Portfolio
    • 16.13.3. Sales Footprint
    • 16.13.4. Key Subsidiaries or Distributors
    • 16.13.5. Strategy and Recent Developments
    • 16.13.6. Key Financials
  • 16.14. Signify Holding
    • 16.14.1. Overview
    • 16.14.2. Product Portfolio
    • 16.14.3. Sales Footprint
    • 16.14.4. Key Subsidiaries or Distributors
    • 16.14.5. Strategy and Recent Developments
    • 16.14.6. Key Financials
  • 16.15. Sunbird
    • 16.15.1. Overview
    • 16.15.2. Product Portfolio
    • 16.15.3. Sales Footprint
    • 16.15.4. Key Subsidiaries or Distributors
    • 16.15.5. Strategy and Recent Developments
    • 16.15.6. Key Financials
  • 16.16. Other Key Players
    • 16.16.1. Overview
    • 16.16.2. Product Portfolio
    • 16.16.3. Sales Footprint
    • 16.16.4. Key Subsidiaries or Distributors
    • 16.16.5. Strategy and Recent Developments
    • 16.16.6. Key Financials

17. Go to Market Strategy

  • 17.1. Identification of Potential Market Spaces
  • 17.2. Preferred Sales & Marketing Strategy
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