Agricultural Lighting Market Share, Trends & Forecast by 2034

Agricultural Lighting Market Outlook 2024 to 2034

The agricultural lighting market is valued at US$ 12.1 billion in 2024 and is projected to reach US$ 38.5 billion by 2034, exhibiting a healthy CAGR of 12.3% over the forecast period.

Key Market Drivers:

The rising adoption of controlled environment agriculture (CEA) practices, which involves the use of artificial lighting, among other technologies, to create an optimized environment for plant growth, is widely changing the structure of crop plantations.
Increasing population and changing climatic conditions lead to growing demand for high-quality and consistent crop production throughout the year.
Government initiatives and support in promoting sustainable agriculture practices, energy-efficient technologies, and modern farming techniques.
The demand for agricultural lighting in urban areas for vertical farming systems enables the cultivation of crops in controlled indoor environments, independent of external climatic conditions.
Growing awareness about the environmental impact of traditional farming methods leads to a shift toward more sustainable and energy-efficient agricultural practices.
Ongoing research and development activities in the field of agricultural technologies resulted in the introduction of innovative lighting solutions tailored for specific crops.

Attributes	Key Statistics
Expected Base Year Value (2024)	US$ 12.1 billion
Anticipated Forecast Value (2034)	US$ 38.5 billion
Estimated Growth (2024 to 2034)	12.3% CAGR

The market generated an estimated revenue of US$ 6 billion in 2019, and in five years, it grew at a pace of 15.06%.

Don't pay for what you don't need

Customize your report by selecting specific countries or regions and save 30%!

Consumption Analysis of the Agricultural Lighting Market

The market is experiencing increasing demand from large-scale commercial growers and farmers who deploy lighting solutions to enhance crop growth, extend growing seasons, and improve overall yield and quality
The adoption of agriculture lighting is also widespread among horticulture and floriculture farmers. These entities employ agricultural lighting to cultivate specific plants for ornamental or decorative purposes
Agricultural lighting is increasingly adopted in agricultural research institutions, universities, and laboratories to study plant biology, optimize growth parameters, and develop new varieties with improved traits.
The use of agricultural lighting is also growing among individuals and businesses involved in aquaponics and hydroponics, which are soilless cultivation methods that utilize agricultural lighting to provide the necessary light spectrum for plant growth.
The growing adoption of agricultural lighting is also observed in urban and home gardeners who practice agriculture in limited outdoor spaces for growing herbs, vegetables, and other plants for personal consumption.
The demand for agricultural lighting is also touching the skies in greenhouses. These entities leverage agricultural lighting to supplement natural sunlight and create an optimized environment for plant growth.

Restraining Factors Adversely Affecting the Agricultural Lighting Market

The market for agricultural lighting is anticipated to surpass a valuation of US$ US$ 38.5 billion by the year 2034, with a growth rate of 12.3%. While the market is expected to experience remarkable growth, several restraining factors could adversely affect its development:

The initial costs associated with implementing agricultural lighting technologies, especially those based on LED and other energy-efficient solutions, require a significant initial investment. This deters smaller farmers or businesses with limited capital from adopting agricultural lighting.
In addition to the initial upfront costs, farmers must also invest substantial capital in maintenance and operations. This creates hesitancy among small farmers, especially in countries with scarce government incentives.
Lack of awareness and education about the benefits of agricultural lighting, especially among small-scale farmers or those in less developed regions, impedes market growth.
Implementing agricultural lighting systems can be complex, especially when integrating them with other agricultural technologies and control systems. The complexity of system integration may pose challenges for farmers, leading to slower adoption rates.

Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Category-wise Insights

New Agricultural Lighting to Dominate the Global Agriculture Sector

Depending on the installation, the agricultural lighting market is bifurcated into new and retrofit agriculture lighting. The former is anticipated to grow at a remarkable rate of 12.1% CAGR through 2034.

Advanced agricultural lighting is gaining a lot of impetus in the agriculture sector as farmers and agricultural enterprises recognize their significance in optimizing crop growth and overall productivity.
The need for enhanced efficiency, precision, and sustainability in farming operations also drives a significant demand for new and advanced agriculture lighting.
The growing significance of new agriculture lighting is also because of its impact on crop quality, yield, and the ability to overcome traditional limitations associated with natural light cycles.

Attributes	Details
Installation	New
CAGR	12.1%

LED Lights Take the Lion’s Share in the Agricultural Lighting Market

The industry is categorized by light source into LED, fluorescent, HID, etc. The LED segment dominates the market and is anticipated to grow at a remarkable rate of 12.00%.

LED lights have achieved widespread adoption in agricultural lighting due to their versatility and efficacy in meeting the diverse needs of modern farming practices.
The demand for agricultural lighting is also increasing due to the agricultural sector's recognition of the unique benefits offered by LED lighting solutions.
LED lights also enjoy widespread preference among farmers and agricultural stakeholders due to the energy efficiency, durability, and customizable features that LED technology offers

Attributes	Details
Light Source	LED
CAGR	12.00%

Country-wise Insights

The section provides an analysis of the agricultural lighting industry by country, including Japan, China, the United States, the United Kingdom, and South Korea. The table presents the CAGR for each country, indicating the expected market growth in that country through 2034.

Countries	CAGR
Japan	13.80%
South Korea	13.60%
The United Kingdom	13.20%
China	12.90%
The United States	13.50%

Growing Demand for Vertical Farming Uplifting the Market of Agricultural Lighting in Japan

Japan is one of the leading countries in this market. The Japan agricultural lighting market is anticipated to retain its dominance by progressing at an annual growth rate of 13.80% till 2034.

The Japanese agriculture sector has a growing preference for controlled environment agriculture (CEA). This has pushed the demand for agriculture lighting as it provides optimal growing conditions regardless of external factors such as weather and season.
Japan is among the densely populated countries, necessitating the use of urban agricultural practices facilitated by advanced lighting systems to maximize space utilization.

Indoor Farming and Demand for High-value Crops Advancing the Market in South Korea

South Korea is another country that is focusing on horticulture LED lighting to optimize plant growth in the Asian region. The South Korea agricultural lighting market is anticipated to retain its dominance by progressing at an annual growth rate of 13.60% till 2034.

The country's demand for high-quality agricultural produce has pushed the implementation of modern farming practices that rely on advanced lighting technologies.
Besides this, the widespread adoption of agricultural lighting in the country’s vertical farming sector is due to government initiatives to modernize the agriculture sector. Subsidies, grants, and programs supporting the promotion of agricultural lighting encourage farmers to invest in these solutions.

Demand for Energy-Efficient Technology Encouraging the Market in the United Kingdom

The United Kingdom dominates the market in Europe due to its advanced agricultural practices. The United Kingdom agricultural lighting market is anticipated to exhibit an annual growth rate of 13.20% till 2034.

In the United Kingdom, the agriculture sector strongly prefers sustainable farming practices. Agriculture lighting, especially energy-efficient LED solutions, generates significant demand among farmers seeking to enhance productivity while minimizing environmental impact.
The growing popularity of indoor farming, due to a desire for local and year-round produce, significantly contributes to the adoption of agricultural lighting in the United Kingdom.

High-tech Cultivation to Improve Fruits Quality Fueling the Agricultural Lighting Market in China

Smart farm business model for year-round crop production is revitalizing the market of agricultural lighting in China, which is anticipated to register a CAGR of 12.90% through 2034.

Significant government investments in agricultural technology in China have played a pivotal role in driving the adoption of advanced farming practices. Subsidies and funds have inspired farmers to adopt these modern methodologies.
Apart from this, China's rapid urbanization and limited arable land contribute to the demand for agricultural lighting. As urban areas expand, there is a preference for vertical farming and CEA, where advanced lighting systems become crucial for year-round crop production.

Circular Agriculture and Sustainability Tailoring the Market in the United States

The United States leads the agricultural lighting market in North America. Over the next ten years, demand for agricultural lighting in the United States is projected to rise at a 5.50% CAGR.

The United States agriculture sector's focus on technological innovation and research has pushed the adoption of advanced lighting systems due to the increasing demand for precision farming and sustainable agricultural practices.
Besides this, the United States has always been at the forefront of accepting new and modern ways of agricultural practices as farmers seek to optimize crop growth, enhance yields, and meet the market's evolving needs.

Competitive Landscape

The market for agricultural lighting is filled with companies like Signify (formerly Philips Lighting), Osram Licht AG, Heliospectra AB, Fluence by OSRAM, Current, powered by GE, Agrolux, Valoya, etc.

These companies develop horticultural lighting systems specifically engineered for plant cultivation to stay in the competitive landscape of the global market. Companies are also investing in research and development to innovate and improve existing lighting technologies.

Recent Developments:

In November 2023, Acuity Brands, Inc. (NYSE: AYI) successfully acquired the Arize family of horticulture lighting products from Current Lighting Solutions, LLC. Simultaneously, Acuity Brands entered an exclusive distribution agreement with Hort Americas, LLC, expanding its controlled environment agricultural market presence with greenhouse-focused luminaires.
In October 2023, the new two-acre HORTECA Research and Development Facility at JEM Farms highlighted Sollum Technologies' Smart LED solution among advanced greenhouse technologies. The facility, in partnership with ecoation and the University of Windsor, showcased innovations from integrated pest management to robotics and AI.
In November 2023, RED Horticulture secured US$ 17 million in Series A funding for its dynamic greenhouse lighting solution. The Netherlands and France-based company's dynamic spectrum LED lights, controlled by the AI-powered platform MyRED, enhance plant growth, delivering higher yields and improved crop quality while conserving energy resources.
In September 2023, Sollum Technologies, a pioneer in dynamic LED grow lights, initiated a groundbreaking research program, S.E.A.R.C.H (Sollum Empowering Academic Researchers in CEA and Horticulture). The program aimed to collaborate with United States research centers and universities, fostering breakthroughs in horticultural lighting knowledge using Sollum's advanced LED solution.

Key Companies in the Market

Signify (formerly Philips Lighting)
Osram Licht AG
Heliospectra AB
Fluence by OSRAM
Agrolux
Valoya
LumiGrow
California LightWorks
Illumitex
Everlight Electronics Co., Ltd.
Bridgelux, Inc.
Sunlight Supply, Inc.
Gavita International B.V.
Hortilux Schréder
VividGro
Apogee Instruments, Inc.
Black Dog LED
Illumitex
PARsource Lighting Solutions

Key Segments in the Agricultural Lighting Market

By Installation:

New
Retrofit

By Light Source:

LED
Fluorescent
HID
Others

By Wattage Type:

Below 50W
50 to 150W
Above 150W

By Sales Channel:

Retail/Wholesale
Direct Sales
Online/E-commerce

By Offering:

Hardware
Software
Services

By Application:

Livestock
Horticulture
Aquaculture

By Region:

North America
Latin America
Asia Pacific
The Middle East and Africa (MEA)
Europe

Frequently Asked Questions

How Much is the Agricultural Lighting Market Currently Worth?

The agriculture lighting market is expected to be worth US$ 12.1 billion in 2024.

What is the Sales Forecast for Agricultural Lighting Through 2034?

The market for agriculture lighting is expected to reach US$ 38.50 billion by 2034.

At What Rate Is the Agricultural Lighting Market Growing?

The agriculture lighting market is estimated to grow at a rate of 12.3% from 2024 to 2034.

Who are the Key Manufacturing Companies for Agricultural Lighting?

Prominent key players include Signify, Osram Licht AG, and Heliospectra AB.

Which Light Sources Segment is Dominating the Agricultural Lighting Market?

LED is leading in the light source category, with a CAGR of 12% through 2034.

Table of Content

1. Executive Summary
    1.1. Global Market Outlook
    1.2. Demand-side Trends
    1.3. Supply-side Trends
    1.4. Technology Roadmap Analysis
    1.5. Analysis and Recommendations
2. Market Overview
    2.1. Market Coverage / Taxonomy
    2.2. Market Definition / Scope / Limitations
3. Market Background
    3.1. Market Dynamics
        3.1.1. Drivers
        3.1.2. Restraints
        3.1.3. Opportunity
        3.1.4. Trends
    3.2. Scenario Forecast
        3.2.1. Demand in Optimistic Scenario
        3.2.2. Demand in Likely Scenario
        3.2.3. Demand in Conservative Scenario
    3.3. Opportunity Map Analysis
    3.4. Investment Feasibility Matrix
    3.5. PESTLE and Porter’s Analysis
    3.6. Regulatory Landscape
        3.6.1. By Key Regions
        3.6.2. By Key Countries
    3.7. Regional Parent Market Outlook
4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
    4.1. Historical Market Size Value (US$ Million) Analysis, 2019 to 2023
    4.2. Current and Future Market Size Value (US$ Million) Projections, 2024 to 2034
        4.2.1. Y-o-Y Growth Trend Analysis
        4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Installation
    5.1. Introduction / Key Findings
    5.2. Historical Market Size Value (US$ Million) Analysis By Installation, 2019 to 2023
    5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Installation, 2024 to 2034
        5.3.1. New
        5.3.2. Retrofit
    5.4. Y-o-Y Growth Trend Analysis By Installation, 2019 to 2023
    5.5. Absolute $ Opportunity Analysis By Installation, 2024 to 2034
6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Light Source
    6.1. Introduction / Key Findings
    6.2. Historical Market Size Value (US$ Million) Analysis By Light Source, 2019 to 2023
    6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Light Source, 2024 to 2034
        6.3.1. LED
        6.3.2. Fluorescent
        6.3.3. HID
        6.3.4. Others
    6.4. Y-o-Y Growth Trend Analysis By Light Source, 2019 to 2023
    6.5. Absolute $ Opportunity Analysis By Light Source, 2024 to 2034
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Wattage Type
    7.1. Introduction / Key Findings
    7.2. Historical Market Size Value (US$ Million) Analysis By Wattage Type, 2019 to 2023
    7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Wattage Type, 2024 to 2034
        7.3.1. Below 50W
        7.3.2. 50 - 150W
        7.3.3. Above 150W
    7.4. Y-o-Y Growth Trend Analysis By Wattage Type, 2019 to 2023
    7.5. Absolute $ Opportunity Analysis By Wattage Type, 2024 to 2034
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Sales Channel
    8.1. Introduction / Key Findings
    8.2. Historical Market Size Value (US$ Million) Analysis By Sales Channel, 2019 to 2023
    8.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Sales Channel, 2024 to 2034
        8.3.1. Retail/Wholesale
        8.3.2. Direct Sales
        8.3.3. Online/E-commerce
    8.4. Y-o-Y Growth Trend Analysis By Sales Channel, 2019 to 2023
    8.5. Absolute $ Opportunity Analysis By Sales Channel, 2024 to 2034
9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Offering
    9.1. Introduction / Key Findings
    9.2. Historical Market Size Value (US$ Million) Analysis By Offering, 2019 to 2023
    9.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Offering, 2024 to 2034
        9.3.1. Hardware
        9.3.2. Software
        9.3.3. Services
    9.4. Y-o-Y Growth Trend Analysis By Offering, 2019 to 2023
    9.5. Absolute $ Opportunity Analysis By Offering, 2024 to 2034
10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application
    10.1. Introduction / Key Findings
    10.2. Historical Market Size Value (US$ Million) Analysis By Application, 2019 to 2023
    10.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Application, 2024 to 2034
        10.3.1. Livestock
        10.3.2. Horticulture
        10.3.3. Aquaculture
    10.4. Y-o-Y Growth Trend Analysis By Application, 2019 to 2023
    10.5. Absolute $ Opportunity Analysis By Application, 2024 to 2034
11. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
    11.1. Introduction
    11.2. Historical Market Size Value (US$ Million) Analysis By Region, 2019 to 2023
    11.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2024 to 2034
        11.3.1. North America
        11.3.2. Latin America
        11.3.3. Western Europe
        11.3.4. Eastern Europe
        11.3.5. South Asia and Pacific
        11.3.6. East Asia
        11.3.7. Middle East and Africa
    11.4. Market Attractiveness Analysis By Region
12. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
    12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
    12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
        12.2.1. By Country
            12.2.1.1. USA
            12.2.1.2. Canada
        12.2.2. By Installation
        12.2.3. By Light Source
        12.2.4. By Wattage Type
        12.2.5. By Sales Channel
        12.2.6. By Offering
        12.2.7. By Application
    12.3. Market Attractiveness Analysis
        12.3.1. By Country
        12.3.2. By Installation
        12.3.3. By Light Source
        12.3.4. By Wattage Type
        12.3.5. By Sales Channel
        12.3.6. By Offering
        12.3.7. By Application
    12.4. Key Takeaways
13. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
    13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
    13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
        13.2.1. By Country
            13.2.1.1. Brazil
            13.2.1.2. Mexico
            13.2.1.3. Rest of Latin America
        13.2.2. By Installation
        13.2.3. By Light Source
        13.2.4. By Wattage Type
        13.2.5. By Sales Channel
        13.2.6. By Offering
        13.2.7. By Application
    13.3. Market Attractiveness Analysis
        13.3.1. By Country
        13.3.2. By Installation
        13.3.3. By Light Source
        13.3.4. By Wattage Type
        13.3.5. By Sales Channel
        13.3.6. By Offering
        13.3.7. By Application
    13.4. Key Takeaways
14. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
    14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
    14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
        14.2.1. By Country
            14.2.1.1. Germany
            14.2.1.2. UK
            14.2.1.3. France
            14.2.1.4. Spain
            14.2.1.5. Italy
            14.2.1.6. Rest of Western Europe
        14.2.2. By Installation
        14.2.3. By Light Source
        14.2.4. By Wattage Type
        14.2.5. By Sales Channel
        14.2.6. By Offering
        14.2.7. By Application
    14.3. Market Attractiveness Analysis
        14.3.1. By Country
        14.3.2. By Installation
        14.3.3. By Light Source
        14.3.4. By Wattage Type
        14.3.5. By Sales Channel
        14.3.6. By Offering
        14.3.7. By Application
    14.4. Key Takeaways
15. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
    15.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
    15.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
        15.2.1. By Country
            15.2.1.1. Poland
            15.2.1.2. Russia
            15.2.1.3. Czech Republic
            15.2.1.4. Romania
            15.2.1.5. Rest of Eastern Europe
        15.2.2. By Installation
        15.2.3. By Light Source
        15.2.4. By Wattage Type
        15.2.5. By Sales Channel
        15.2.6. By Offering
        15.2.7. By Application
    15.3. Market Attractiveness Analysis
        15.3.1. By Country
        15.3.2. By Installation
        15.3.3. By Light Source
        15.3.4. By Wattage Type
        15.3.5. By Sales Channel
        15.3.6. By Offering
        15.3.7. By Application
    15.4. Key Takeaways
16. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
    16.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
    16.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
        16.2.1. By Country
            16.2.1.1. India
            16.2.1.2. Bangladesh
            16.2.1.3. Australia
            16.2.1.4. New Zealand
            16.2.1.5. Rest of South Asia and Pacific
        16.2.2. By Installation
        16.2.3. By Light Source
        16.2.4. By Wattage Type
        16.2.5. By Sales Channel
        16.2.6. By Offering
        16.2.7. By Application
    16.3. Market Attractiveness Analysis
        16.3.1. By Country
        16.3.2. By Installation
        16.3.3. By Light Source
        16.3.4. By Wattage Type
        16.3.5. By Sales Channel
        16.3.6. By Offering
        16.3.7. By Application
    16.4. Key Takeaways
17. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
    17.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
    17.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
        17.2.1. By Country
            17.2.1.1. China
            17.2.1.2. Japan
            17.2.1.3. South Korea
        17.2.2. By Installation
        17.2.3. By Light Source
        17.2.4. By Wattage Type
        17.2.5. By Sales Channel
        17.2.6. By Offering
        17.2.7. By Application
    17.3. Market Attractiveness Analysis
        17.3.1. By Country
        17.3.2. By Installation
        17.3.3. By Light Source
        17.3.4. By Wattage Type
        17.3.5. By Sales Channel
        17.3.6. By Offering
        17.3.7. By Application
    17.4. Key Takeaways
18. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
    18.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
    18.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
        18.2.1. By Country
            18.2.1.1. GCC Countries
            18.2.1.2. South Africa
            18.2.1.3. Israel
            18.2.1.4. Rest of MEA
        18.2.2. By Installation
        18.2.3. By Light Source
        18.2.4. By Wattage Type
        18.2.5. By Sales Channel
        18.2.6. By Offering
        18.2.7. By Application
    18.3. Market Attractiveness Analysis
        18.3.1. By Country
        18.3.2. By Installation
        18.3.3. By Light Source
        18.3.4. By Wattage Type
        18.3.5. By Sales Channel
        18.3.6. By Offering
        18.3.7. By Application
    18.4. Key Takeaways
19. Key Countries Market Analysis
    19.1. USA
        19.1.1. Pricing Analysis
        19.1.2. Market Share Analysis, 2023
            19.1.2.1. By Installation
            19.1.2.2. By Light Source
            19.1.2.3. By Wattage Type
            19.1.2.4. By Sales Channel
            19.1.2.5. By Offering
            19.1.2.6. By Application
    19.2. Canada
        19.2.1. Pricing Analysis
        19.2.2. Market Share Analysis, 2023
            19.2.2.1. By Installation
            19.2.2.2. By Light Source
            19.2.2.3. By Wattage Type
            19.2.2.4. By Sales Channel
            19.2.2.5. By Offering
            19.2.2.6. By Application
    19.3. Brazil
        19.3.1. Pricing Analysis
        19.3.2. Market Share Analysis, 2023
            19.3.2.1. By Installation
            19.3.2.2. By Light Source
            19.3.2.3. By Wattage Type
            19.3.2.4. By Sales Channel
            19.3.2.5. By Offering
            19.3.2.6. By Application
    19.4. Mexico
        19.4.1. Pricing Analysis
        19.4.2. Market Share Analysis, 2023
            19.4.2.1. By Installation
            19.4.2.2. By Light Source
            19.4.2.3. By Wattage Type
            19.4.2.4. By Sales Channel
            19.4.2.5. By Offering
            19.4.2.6. By Application
    19.5. Germany
        19.5.1. Pricing Analysis
        19.5.2. Market Share Analysis, 2023
            19.5.2.1. By Installation
            19.5.2.2. By Light Source
            19.5.2.3. By Wattage Type
            19.5.2.4. By Sales Channel
            19.5.2.5. By Offering
            19.5.2.6. By Application
    19.6. UK
        19.6.1. Pricing Analysis
        19.6.2. Market Share Analysis, 2023
            19.6.2.1. By Installation
            19.6.2.2. By Light Source
            19.6.2.3. By Wattage Type
            19.6.2.4. By Sales Channel
            19.6.2.5. By Offering
            19.6.2.6. By Application
    19.7. France
        19.7.1. Pricing Analysis
        19.7.2. Market Share Analysis, 2023
            19.7.2.1. By Installation
            19.7.2.2. By Light Source
            19.7.2.3. By Wattage Type
            19.7.2.4. By Sales Channel
            19.7.2.5. By Offering
            19.7.2.6. By Application
    19.8. Spain
        19.8.1. Pricing Analysis
        19.8.2. Market Share Analysis, 2023
            19.8.2.1. By Installation
            19.8.2.2. By Light Source
            19.8.2.3. By Wattage Type
            19.8.2.4. By Sales Channel
            19.8.2.5. By Offering
            19.8.2.6. By Application
    19.9. Italy
        19.9.1. Pricing Analysis
        19.9.2. Market Share Analysis, 2023
            19.9.2.1. By Installation
            19.9.2.2. By Light Source
            19.9.2.3. By Wattage Type
            19.9.2.4. By Sales Channel
            19.9.2.5. By Offering
            19.9.2.6. By Application
    19.10. Poland
        19.10.1. Pricing Analysis
        19.10.2. Market Share Analysis, 2023
            19.10.2.1. By Installation
            19.10.2.2. By Light Source
            19.10.2.3. By Wattage Type
            19.10.2.4. By Sales Channel
            19.10.2.5. By Offering
            19.10.2.6. By Application
    19.11. Russia
        19.11.1. Pricing Analysis
        19.11.2. Market Share Analysis, 2023
            19.11.2.1. By Installation
            19.11.2.2. By Light Source
            19.11.2.3. By Wattage Type
            19.11.2.4. By Sales Channel
            19.11.2.5. By Offering
            19.11.2.6. By Application
    19.12. Czech Republic
        19.12.1. Pricing Analysis
        19.12.2. Market Share Analysis, 2023
            19.12.2.1. By Installation
            19.12.2.2. By Light Source
            19.12.2.3. By Wattage Type
            19.12.2.4. By Sales Channel
            19.12.2.5. By Offering
            19.12.2.6. By Application
    19.13. Romania
        19.13.1. Pricing Analysis
        19.13.2. Market Share Analysis, 2023
            19.13.2.1. By Installation
            19.13.2.2. By Light Source
            19.13.2.3. By Wattage Type
            19.13.2.4. By Sales Channel
            19.13.2.5. By Offering
            19.13.2.6. By Application
    19.14. India
        19.14.1. Pricing Analysis
        19.14.2. Market Share Analysis, 2023
            19.14.2.1. By Installation
            19.14.2.2. By Light Source
            19.14.2.3. By Wattage Type
            19.14.2.4. By Sales Channel
            19.14.2.5. By Offering
            19.14.2.6. By Application
    19.15. Bangladesh
        19.15.1. Pricing Analysis
        19.15.2. Market Share Analysis, 2023
            19.15.2.1. By Installation
            19.15.2.2. By Light Source
            19.15.2.3. By Wattage Type
            19.15.2.4. By Sales Channel
            19.15.2.5. By Offering
            19.15.2.6. By Application
    19.16. Australia
        19.16.1. Pricing Analysis
        19.16.2. Market Share Analysis, 2023
            19.16.2.1. By Installation
            19.16.2.2. By Light Source
            19.16.2.3. By Wattage Type
            19.16.2.4. By Sales Channel
            19.16.2.5. By Offering
            19.16.2.6. By Application
    19.17. New Zealand
        19.17.1. Pricing Analysis
        19.17.2. Market Share Analysis, 2023
            19.17.2.1. By Installation
            19.17.2.2. By Light Source
            19.17.2.3. By Wattage Type
            19.17.2.4. By Sales Channel
            19.17.2.5. By Offering
            19.17.2.6. By Application
    19.18. China
        19.18.1. Pricing Analysis
        19.18.2. Market Share Analysis, 2023
            19.18.2.1. By Installation
            19.18.2.2. By Light Source
            19.18.2.3. By Wattage Type
            19.18.2.4. By Sales Channel
            19.18.2.5. By Offering
            19.18.2.6. By Application
    19.19. Japan
        19.19.1. Pricing Analysis
        19.19.2. Market Share Analysis, 2023
            19.19.2.1. By Installation
            19.19.2.2. By Light Source
            19.19.2.3. By Wattage Type
            19.19.2.4. By Sales Channel
            19.19.2.5. By Offering
            19.19.2.6. By Application
    19.20. South Korea
        19.20.1. Pricing Analysis
        19.20.2. Market Share Analysis, 2023
            19.20.2.1. By Installation
            19.20.2.2. By Light Source
            19.20.2.3. By Wattage Type
            19.20.2.4. By Sales Channel
            19.20.2.5. By Offering
            19.20.2.6. By Application
    19.21. GCC Countries
        19.21.1. Pricing Analysis
        19.21.2. Market Share Analysis, 2023
            19.21.2.1. By Installation
            19.21.2.2. By Light Source
            19.21.2.3. By Wattage Type
            19.21.2.4. By Sales Channel
            19.21.2.5. By Offering
            19.21.2.6. By Application
    19.22. South Africa
        19.22.1. Pricing Analysis
        19.22.2. Market Share Analysis, 2023
            19.22.2.1. By Installation
            19.22.2.2. By Light Source
            19.22.2.3. By Wattage Type
            19.22.2.4. By Sales Channel
            19.22.2.5. By Offering
            19.22.2.6. By Application
    19.23. Israel
        19.23.1. Pricing Analysis
        19.23.2. Market Share Analysis, 2023
            19.23.2.1. By Installation
            19.23.2.2. By Light Source
            19.23.2.3. By Wattage Type
            19.23.2.4. By Sales Channel
            19.23.2.5. By Offering
            19.23.2.6. By Application
20. Market Structure Analysis
    20.1. Competition Dashboard
    20.2. Competition Benchmarking
    20.3. Market Share Analysis of Top Players
        20.3.1. By Regional
        20.3.2. By Installation
        20.3.3. By Light Source
        20.3.4. By Wattage Type
        20.3.5. By Sales Channel
        20.3.6. By Offering
        20.3.7. By Application
21. Competition Analysis
    21.1. Competition Deep Dive
        21.1.1. Signify N.V.
            21.1.1.1. Overview
            21.1.1.2. Product Portfolio
            21.1.1.3. Profitability by Market Segments
            21.1.1.4. Sales Footprint
            21.1.1.5. Strategy Overview
                21.1.1.5.1. Marketing Strategy
        21.1.2. Ams-OSRAM AG
            21.1.2.1. Overview
            21.1.2.2. Product Portfolio
            21.1.2.3. Profitability by Market Segments
            21.1.2.4. Sales Footprint
            21.1.2.5. Strategy Overview
                21.1.2.5.1. Marketing Strategy
        21.1.3. Tetra Laval International S.A. (DeLaval)
            21.1.3.1. Overview
            21.1.3.2. Product Portfolio
            21.1.3.3. Profitability by Market Segments
            21.1.3.4. Sales Footprint
            21.1.3.5. Strategy Overview
                21.1.3.5.1. Marketing Strategy
        21.1.4. Heliospectra AB
            21.1.4.1. Overview
            21.1.4.2. Product Portfolio
            21.1.4.3. Profitability by Market Segments
            21.1.4.4. Sales Footprint
            21.1.4.5. Strategy Overview
                21.1.4.5.1. Marketing Strategy
        21.1.5. Valoya Oy
            21.1.5.1. Overview
            21.1.5.2. Product Portfolio
            21.1.5.3. Profitability by Market Segments
            21.1.5.4. Sales Footprint
            21.1.5.5. Strategy Overview
                21.1.5.5.1. Marketing Strategy
        21.1.6. California LightWorks (MWW Inc.)
            21.1.6.1. Overview
            21.1.6.2. Product Portfolio
            21.1.6.3. Profitability by Market Segments
            21.1.6.4. Sales Footprint
            21.1.6.5. Strategy Overview
                21.1.6.5.1. Marketing Strategy
        21.1.7. Gavita International B.V.
            21.1.7.1. Overview
            21.1.7.2. Product Portfolio
            21.1.7.3. Profitability by Market Segments
            21.1.7.4. Sales Footprint
            21.1.7.5. Strategy Overview
                21.1.7.5.1. Marketing Strategy
        21.1.8. Hortilux Schréder (Dool Industries)
            21.1.8.1. Overview
            21.1.8.2. Product Portfolio
            21.1.8.3. Profitability by Market Segments
            21.1.8.4. Sales Footprint
            21.1.8.5. Strategy Overview
                21.1.8.5.1. Marketing Strategy
        21.1.9. CBM Lighting, Inc.
            21.1.9.1. Overview
            21.1.9.2. Product Portfolio
            21.1.9.3. Profitability by Market Segments
            21.1.9.4. Sales Footprint
            21.1.9.5. Strategy Overview
                21.1.9.5.1. Marketing Strategy
22. Assumptions & Acronyms Used
23. Research Methodology

Agricultural Lighting Market

Agricultural Lighting Market Forecast by LED and Fluorescent Light Source for 2024 to 2034