Livestock Grow Lights Market to Grow at 6.04% CAGR through 2029

Increased demand for poultry products driving poultry farm modernization and increasing prevalence of smart farms & IoT devices in agriculture is expected to drive the Global Livestock Grow Lights Market growth in the forecast period, 2025-2029.

According to TechSci Research report, “Livestock Grow Lights Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F”, the Global Livestock Grow Lights Market stood at USD 8.27 Billion in 2023 and is anticipated to project steady growth in the forecast period with a CAGR of 6.04% through 2029. The Global Livestock Grow Lights Market is experiencing significant growth due to several key factors. One primary driver is the heightened emphasis on maximizing livestock productivity, where appropriate lighting conditions play a crucial role in improving animal welfare, fostering enhanced growth rates, and supporting reproduction. Furthermore, advancements in LED technology have yielded more energy-efficient and durable lighting options, proving cost-effective for farmers. Regulatory changes reflecting the growing recognition of animal welfare and the impact of lighting on physiological functions further bolster the adoption of suitable livestock lighting solutions.

Livestock grow lights find extensive application in dairy, poultry, and swine farming. In dairy farms, lighting controls the photoperiod to influence milk yield, while high-quality lighting in poultry farms enhances egg production and chicken growth. For swine, lighting regulates breeding and growth rates. Technological advancements in LED grow lights are a significant market driver due to their energy efficiency and long-term cost-effectiveness, aligning with the agricultural sector's sustainability goals. Additionally, the integration of automation in livestock lighting systems contributes to market expansion.

 

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Global Livestock Grow Lights Market is segmented into type, livestock, installation type, regional distribution, and company.

Based on Installation Type, Retrofit have emerged as the dominating segment in the Global Livestock Grow Lights Market in 2023.The increased cost-effectiveness and efficiency resulting from the integration of advanced grow light technologies into existing setups largely contribute to this phenomenon. By modernizing their current systems, farmers can capitalize on the advantages offered by these innovative lighting solutions. These benefits include enhanced crop yields, optimized energy usage, better control over light intensity and spectrum, and reduced environmental impact. Retrofitting presents a more sustainable option for the agricultural sector by minimizing the necessity for entirely new installations and decreasing resource consumption. With the escalating demand for efficient and environmentally conscious lighting solutions, the adoption of advanced grow lights through retrofitting is gaining popularity among farmers globally. This trend fosters heightened productivity, profitability, and environmental responsibility within the industry.

Based on Region, Asia Pacific have emerged as the fastest growing region in the Global Livestock Grow Lights Market in 2023. Due to increasing population and income levels in the Asia Pacific region, there is a rising demand for livestock products such as meat, milk, and eggs. Meeting this heightened demand requires increased production levels, prompting the adoption of technologies like grow lights to optimize livestock growth and productivity. Several countries in the Asia Pacific are transitioning from traditional to more advanced livestock farming practices. This shift involves integrating technologies aimed at improving efficiency and productivity, including the use of grow lights to enhance animal health, welfare, and growth rates. The Asia Pacific region faces climatic variations and environmental challenges that can impact livestock production. Grow lights offer a solution by providing consistent lighting conditions irrespective of external factors, thereby maintaining optimal growth conditions for livestock.

Major companies operating in Global Livestock Grow Lights Market are:

• Agrilight B.V.
• Aruna Lighting Holding B.V.
• Big Dutchman AG
• CBM Electronic Lighting Inc.
• Fienhage Poultry-Solutions GmbH
• Greengage Agritech Ltd.
• HATO BV
• Signify N.V.
• Shenzhen Hontech-Wins Electronics Co., Ltd
• Meltron AB

 

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“The Global Livestock Grow Lights Market is poised for significant growth, driven by technological advancements and increasing recognition of the benefits they offer. These lights enhance animal productivity through controlled photoperiods, influencing growth, reproduction, and milk production processes. Their energy efficiency and durability appeal to farmers aiming to optimize productivity while cutting operational costs. As agriculture shifts towards sustainability, the adoption of eco-friendly technologies like livestock grow lights is expected to rise globally”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Livestock Grow Lights Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Fluorescent, Light-Emitting Diode (LED), Incandescent, High-Intensity Discharge, Others), By Livestock (Poultry, Swine, Cattle, Others), By Installation Type (Retrofit, New-Installation), By Region and Competition, 2019-2029F”, has evaluated the future growth potential of Global Livestock Grow Lights Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Livestock Grow Lights Market.

 

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