Global Livestock Grow Lights Market 2019-2023
- Published: May 2019
- Pages: 131
- SKU: IRTNTR31374
Enjoy complimentary customisation on priority with our Enterprise License!
Single:
One user only.
Quick & easy download optionEnterprise:
Unlimited user access (Within your organization)
Complimentary Customization Included
The global livestock grow lights market has the potential to grow by USD 2.16 billion during 2019-2023. The growth momentum will accelerate throughout the forecast period, and the market will grow at a CAGR of more than 6%.
The increasing emphasis on faster livestock production and the development of energy-efficient livestock grow lights are some of the major factors driving the market growth. China, the US, and Japan are currently the major markets for livestock grow lights.
Livestock Grow Lights Market - Key Insights
Scope of this Report
The report provides a detailed analysis of the market by product, type, and geography. Also, the report analyzes the market’s competitive landscape and offers information on many market vendors.
Browse TOC and LoE with selected illustrations and example pages from livestock grow lights market report
Market Segmentation
Livestock Grow Lights Market by Product
- Fluorescent
- LED
- Incandescent
- HID
Livestock Grow Lights Market by Type
- Cattle
- Poultry
- Swine
- Others
Livestock Grow Lights Market by Region
- APAC
- Europe
- MEA
- North America
- South America
Market Competition Analysis
The livestock grow lights market is fragmented, and the degree of fragmentation will remain the same during the forecast period. Vendors in the market are integrating IoT, sensors, and smart meters to track and improve livestock health and optimize energy. Big Dutchman AG, HATO BV, and OSRAM GmbH are some of the major market participants. Though the accelerating growth momentum will offer immense growth opportunities, fluctuations in raw material prices will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The report provides information on the production, sustainability, and prospects of several companies, including:
- Big Dutchman AG
- HATO BV
- OSRAM GmbH
- Signify Holding BV
- Tetra Laval International SA
Livestock Grow Lights Market: Key Drivers and Trends
Lighting has a strong impact on the comfort, health, reproduction, and physiological behavior in animals. The proper use of livestock grow lights improve health and aid in weight gain of turkeys and chickens and help stimulate milk production in cattle. The use of certain lights helps improve reproduction rates in animals. Daily light parameters such as sunset, sunrise, and seasons can be stimulated by grow lights, which, in turn, aid in improving the production of livestock-based products. With the rising emphasis on faster production in the livestock industry, the demand for such lights is expected to increase over the forecast period. This is one of the key factors driving the growth of livestock grow lights market size.
- The development of energy-efficient livestock grow lights will also influence market growth.
- The growing need for efficient lighting is encouraging market vendors to introduce damp-proof, energy-efficient, and ammonia-resistant lights.
- Several vendors are using polymethylmethacrylate (PMMA) to protect lights from dust and insects and reduce heating.
- The high lumen output offered by modern lighting is helping in improving livestock production by optimizing color temperatures.
- Because of such livestock grow lights market trends, the market will register a CAGR of over 6% during 2019-2023.
Livestock Grow Lights Market by Region
For more insights on the market share of various regions Request for a FREE sample now!
The rising purchasing power of consumers has increased the demand for animal products such as meat and eggs in APAC. The growing trend of urbanization in China and India has further increased the consumption of meat products in the region. This will subsequently drive livestock grow lights market in the region.
During the forecast period, nearly 52% of the overall market growth will originate from APAC. However, market growth in the region will be slower than the growth of the market in South America.
Livestock Grow Lights: Market Segmentation by Product
Request for a FREE sample and Get more information on the market contribution of various product segments
Fluorescent lights are widely used as standard illumination for poultry production because of its high efficiency and longer lifespan. These lights can also operate at lower temperatures and are compatible with various types of dimmers.
As a result, the livestock grow lights market size will steadily increase in the fluorescent lights segment during the forecast period. However, market growth in the fluorescent lights segment will be slower than the growth of the market in the LED segment.
Livestock Grow Lights Market: Key Highlights of the Report
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the market during the next five years
- Precise estimation of the global livestock grow lights market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the livestock grow lights industry across the APAC, Europe, MEA, North America, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of livestock grow lights companies
We can help! Our analysts can customize this report to meet your requirements. Get in touch
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
- Market segmentation by product
- Comparison by product
- Fluorescent - Market size and forecast 2018-2023
- LED - Market size and forecast 2018-2023
- Incandescent - Market size and forecast 2018-2023
- HID - Market size and forecast 2018-2023
- Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY TYPE
- Market segmentation by type
- Comparison by type
- Cattle - Market size and forecast 2018-2023
- Poultry - Market size and forecast 2018-2023
- Swine - Market size and forecast 2018-2023
- Others - Market size and forecast 2018-2023
- Market opportunity by type
PART 09: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Technological innovations and smart livestock farming practices
- Development of energy-efficient livestock grow lights
- Increase in the number of commercial livestock farms
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Big Dutchman AG
- HATO BV
- OSRAM GmbH
- Signify Holding BV
- Tetra Laval International SA
PART 15: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 16: EXPLORE TECHNAVIO
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases

DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts

REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
Why should you prefer Technavio's market insights report?
Certified ISO 9001 : 2015

We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

Single:
One user only.
Quick & easy download optionEnterprise:
Unlimited user access (Within your organization)
Complimentary Customization Included
2500 USD
Get the report (PDF) sent to your email within minutes.
Subscribe & Save
Get lifetime access to our
Technavio Insights
Customized Report as per your Business Needs
- Our analysts will work directly with you and understand your needs
- Get data on specified regions or segments, competitor and Vendors
- Data will be formatted and presented as per your requirements
- We offer $1000 worth of FREE customization at the time of purchase
Let us help you make report more suited to your requirements.
- Get a competitive breakdown as per your niche industry
- Customize the data with various metrics that meet your business prerequisite
- Understand Revenue Sources, Customers and many more
- Details on Market Share
- These customizations are done in a short amount of time by our analysts and industry experts
