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[ 英語タイトル ] Livestock Grow Lights Market by Type (Fluorescent, Light-Emitting Diode (LED), Incandescent, and Hid), Livestock (Cattle, Poultry, Swine, and Others), Installation Type (Retrofit and New Installation), and Region - Global Forecast to 2023


Product Code : MNMAG00106344
Survey : MarketsandMarkets
Publish On : February, 2021
Category : Agriculture and Allied Activities
Study Area : Global
Report format : PDF
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[Report Description]

“Increase in the demand and consumption of animal-based products such as dairy and dairy-based products, meat, and eggs are projected to drive the overall growth of the livestock grow lights market.”

The global livestock grow lights market size is projected to grow from USD 6.3 billion in 2018 to USD 8.6 billion by 2023, at a CAGR of 6.4% during the forecast period. The livestock grow lights market is driven by various factors such as an increase in the demand and consumption of animal-based products, technological innovations and adoption of smart livestock farming practices, and rising focus on livestock growth and welfare together with the emphasis on livestock productivity. However, lack of awareness about the adoption of smart technology for livestock farming in developing countries is projected to hinder the growth of the market.

“The fluorescent segment dominates the livestock grow lights market in 2018.”

The fluorescent segment is estimated to hold the largest share in 2018, in terms of value. Fluorescent tubes radiate light outward evenly over the broad areas and are considered suitable for barns and livestock indoor arenas. With the introduction of fluorescent lighting, significant proportions of incandescent lights are replaced as they consume 70-80% less electricity and have 10 times longer lifespan. Furthermore, low-cost features compared to LEDs and better performance than incandescent and high-intensity discharge lamps is projected to dominate the fluorescent segment.

“The cattle segment is projected to hold the largest market share during the forecast period.”

The rising demand for dairy and dairy-based products includes milk, cheese, yogurt, and butter in both, the developed and developing countries, which is projected to drive the demand for grow lights in cattle farms. Dairy cattle only produce milk after they give birth to young ones, therefore, to produce milk they need to give birth at least to one calf per year. Thus, to obtain a large amount of milk from them, appropriate lighting is very important, to improve the output of milk from dairy cattle. Furthermore, for beef cattle grow lights are used to stimulate muscle growth to increase meat production.

“Europe is projected to be the fastest-growing region in the livestock grow lights market, in terms of value.”
The market in Europe is projected to be the fastest-growing, due to higher adoption of smart technologies to increase farm profits and expand dairy and beef herd size and increasing demand for high-quality dairy-based products and beef. As a result, the market is projected to grow at the highest CAGR during the forecast period, in terms of value. In addition, this region records strong economic growth, which creates high capital investment opportunities. Large farm owners have already adopted smart technologies in their farm to increase their farm profits, while small farm owners are focusing on adopting smart technologies in livestock farms due to their lower investment.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, livestock grow lights manufacturers, and executives from various key organizations operating in the livestock grow lights market.

• By Company Type: Tier 1: 30%, Tier 2: 30%, and Tier 3: 40%
• By Designation: C-level: 20%, D-level: 30%, and Managers: 50%
• By Region: North America: 20%, Europe: 20%, Asia Pacific: 50%, and RoW: 10%

The livestock grow lights market comprises major solution providers such as OSRAM (Germany), Signify Holding (Netherlands), DeLaval (Sweden), Big Dutchman (Germany), Uni-light LED (Sweden), Once Inc. (US), AGRILIGHT BV (Netherlands), Aruna Lighting (Netherlands), HATO BV (Netherlands), Shenzhen Hontech-Wins (China), CBM Lighting (Canada), Fienhage Poultry Solutions (Germany), SUNBIRD (South Africa), ENIM UAB (Lithuania), and Greengage Lighting (UK). The study includes an in-depth competitive analysis of these key players in the livestock grow lights market, with their company profiles, recent developments, and the key market strategies.

Research Coverage

The study covers the livestock grow lights market across segments. It aims at estimating the market size and its growth potential across different segments such as type, livestock, installation type, and region. The study also includes an in-depth competitive analysis of key players in the market; along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report

The report will help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall livestock grow lights market and subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report will also help the stakeholders to understand the pulse of the market and will provide them with information on key market drivers, restraints, challenges, and opportunities.

TABLE OF CONTENTS

1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.3 MARKET SEGMENTATION 16
1.4 REGIONS COVERED 16
1.5 PERIODIZATION CONSIDERED FOR THE STUDY 17
1.6 CURRENCY CONSIDERED 17
1.7 VOLUME UNIT CONSIDERED 18
1.8 STAKEHOLDERS 18
2 RESEARCH METHODOLOGY 19
2.1 RESEARCH DATA 19
2.1.1 SECONDARY DATA 20
2.1.1.1 Key data from secondary sources 20
2.1.2 PRIMARY DATA 21
2.1.2.1 Key data from primary sources 21
2.1.2.2 Key data from primary sources 22
2.2 MARKET SIZE ESTIMATION 22
2.2.1 BOTTOM-UP APPROACH 23
2.3 DATA TRIANGULATION 25
2.4 ASSUMPTIONS FOR THE STUDY 26
2.5 LIMITATIONS OF THE STUDY 27
3 EXECUTIVE SUMMARY 28
4 PREMIUM INSIGHTS 33
4.1 ATTRACTIVE OPPORTUNITIES IN THE LIVESTOCK GROW LIGHTS MARKET 33
4.2 LIVESTOCK GROW LIGHTS MARKET: MAJOR COUNTRIES 34
4.3 ASIA PACIFIC: LIVESTOCK GROW LIGHTS MARKET, BY TYPE & COUNTRY 35
4.4 LIVESTOCK GROW LIGHTS MARKET, BY LIVESTOCK & REGION 36
4.5 LIVESTOCK GROW LIGHTS MARKET, BY TYPE & REGION 37
4.6 LIVESTOCK GROW LIGHTS MARKET, BY INSTALLATION TYPE 37
5 MARKET OVERVIEW 38
5.1 INTRODUCTION 38
5.2 MARKET DYNAMICS 38
5.2.1 DRIVERS 39
5.2.1.1 Increase in demand and consumption of livestock-based products 39
5.2.1.2 Technological innovations and adoption of smart livestock farming practices 41
5.2.1.3 Rise in focus on livestock growth and welfare together with the emphasis on livestock productivity 42
5.2.2 RESTRAINTS 42
5.2.2.1 Lack in awareness about the adoption of smart technology for livestock farming in developing countries 42
5.2.3 OPPORTUNITIES 43
5.2.3.1 Increase in the number of commercial livestock farms, globally 43
5.2.4 CHALLENGES 43
5.2.4.1 High cost associated with fixtures of LED lights in livestock farms 43
5.3 VALUE CHAIN: LIVESTOCK GROW LIGHTS MARKET 43
6 LIVESTOCK GROW LIGHTS MARKET, BY TYPE 44
6.1 INTRODUCTION 45
6.2 LIGHT-EMITTING DIODE (LED) 47
6.2.1 HIGH ENERGY EFFICIENCY WITH LOW MAINTENANCE COST PROPELS
THE MARKET GROWTH FOR LED 47
6.3 FLUORESCENT 48
6.3.1 LOW COST OF FLUORESCENT LIGHTING HAS DRIVEN THE GROWTH OF THIS MARKET SEGMENT 48
6.4 INCANDESCENT 49
6.4.1 DISCONTINUED USAGE OF INCANDESCENT LIGHTS IN LIVESTOCK FARMS 49
6.5 HIGH-INTENSITY DISCHARGE (HID) 50
6.5.1 THESE LIGHTS ARE NOT SUITABLE FOR SHORT PERIOD OF LIGHTING OPERATIONS 50
7 LIVESTOCK GROW LIGHTS MARKET, BY LIVESTOCK 51
7.1 INTRODUCTION 52
7.2 POULTRY 54
7.2.1 THE INCREASING CONSUMPTION OF CHICKEN & EGG IS PROJECTED TO ENCOURAGE POULTRY FARMING, WHICH IN TURN IS PROJECTED TO DRIVE THE MARKET GROWTH 54
7.2.2 BROILERS 55
7.2.3 LAYERS 55
7.2.4 TURKEY 55
7.3 CATTLE 56
7.3.1 THE RISING DEMAND FOR MILK-BASED PRODUCTS IN EMERGING ECONOMIES IS PROJECTED TO DRIVE THE GROWTH OF THE LIVESTOCK
GROW LIGHTS MARKET 56
7.3.2 DAIRY CATTLE 57
7.3.3 BEEF CATTLE 57

7.4 SWINE 57
7.4.1 RISING CONSUMPTION OF PORK PROPELS THE MARKET GROWTH FOR LIVESTOCK GROW LIGHTS 57
7.4.2 STARTER 58
7.4.3 GROWER 58
7.4.4 SOW 58
7.5 OTHERS 59
8 LIVESTOCK GROW LIGHTS MARKET, BY INSTALLATION TYPE 60
8.1 INTRODUCTION 61
8.2 RETROFIT 62
8.2.1 LOW COST OF RETROFIT IS DRIVING THE MARKET 62
8.3 NEW INSTALLATION 63
8.3.1 EXPANSION OF FARMS TO PROPEL NEW INSTALLATION FOR THE LIVESTOCK GROW LIGHTS MARKET 63
9 LIVESTOCK GROW LIGHTS MARKET, BY LIGHT COLOR TYPE 64
9.1 INTRODUCTION 64
9.2 GREEN 64
9.3 RED 64
9.4 WHITE 64
9.5 BLUE 64
10 LIVESTOCK GROW LIGHTS MARKET, BY REGION 65
10.1 INTRODUCTION 66
10.2 NORTH AMERICA 68
10.2.1 US 71
10.2.1.1 Accounted for the largest share in the North American market 71
10.2.2 CANADA 72
10.2.2.1 Unfavorable climatic conditions drive the usage of artificial lights 72
10.2.3 MEXICO 72
10.2.3.1 Support from government programs for developments in livestock farm infrastructure 72
10.3 EUROPE 73
10.3.1 GERMANY 78
10.3.1.1 Rapid growth in adopting smart technologies in livestock farming practice 78
10.3.2 FRANCE 79
10.3.2.1 The rising demand for meat and poultry products in France is driving the market growth 79
10.3.3 SPAIN 80
10.3.3.1 The growth in the swine sector in Spain is driving the market growth 80

10.3.4 UK 81
10.3.4.1 Adoption of the US-style intensive factory farming for cattle, poultry, and swine to drive the growth 81
10.3.5 ITALY 82
10.3.5.1 Focus on cattle, and swine rearing is driving the adoption of new lighting technology in Italy 82
10.3.6 REST OF EUROPE 83
10.3.6.1 Increase in the domestic demand for meat and poultry products will drive the usage of grow lights in the livestock barns 83
10.4 ASIA PACIFIC 83
10.4.1 CHINA 88
10.4.1.1 Largest manufacturing base for LED lighting products 88
10.4.2 AUSTRALIA & NEW ZEALAND 89
10.4.2.1 Variation in climatic conditions to enhance the growth of artificial lighting in livestock barns 89
10.4.3 JAPAN 89
10.4.3.1 Rapid lighting technological advancements in various application segments, along with early adoption 89
10.4.4 INDIA 90
10.4.4.1 The developing lighting industry is expected to drive the growth of the livestock grow lights market 90
10.4.5 REST OF ASIA PACIFIC 91
10.4.5.1 Increasing demand for livestock-based products such as meat and dairy & dairy-based products 91
10.5 REST OF THE WORLD (ROW) 92
10.5.1 SOUTH AMERICA 95
10.5.1.1 Livestock farming is one of the major activities in this region, supporting the growth of livestock grow lights in livestock barns 95
10.5.2 AFRICA 96
10.5.2.1 Growing demand for livestock products such as milk and meat is likely to increase the livestock rearing 96
10.5.3 MIDDLE EAST 97
10.5.3.1 Increasing domestic poultry production, expansion of poultry farms is expected to increase new installation of lighting technology, such as LED, in poultry farms. 97
11 COMPETITIVE LANDSCAPE 98
11.1 OVERVIEW 98
11.2 COMPETITIVE SCENARIO 99
11.3 RANKING OF KEY PLAYERS, 2018 100
11.4 NEW PRODUCT LAUNCHES 100
11.4.1 EXPANSIONS 101
11.4.2 AGREEMENTS AND PARTNERSHIPS 101
11.4.3 ACQUISITIONS 102

12 COMPANY PROFILES 103
(Business overview, Products offered, Recent developments, SWOT analysis & MnM View)*
12.1 OSRAM 103
12.2 SIGNIFY HOLDING 105
12.3 DELAVAL 108
12.4 BIG DUTCHMAN 110
12.5 UNI-LIGHT LED 113
12.6 ONCE INC. 115
12.7 AGRILIGHT BV 117
12.8 ARUNA LIGHTING 118
12.9 HATO BV 119
12.10 SHENZHEN HONTECH-WINS 121
12.11 CBM LIGHTING 122
12.12 FIENHAGE POULTRY SOLUTIONS 123
12.13 SUNBIRD 124
12.14 ENIM UAB 125
12.15 GREENGAGE LIGHTING 126
*Details on Business overview, Products offered, Recent developments, SWOT analysis & MnM View might not be captured in case of unlisted companies.
13 APPENDIX 128
13.1 DISCUSSION GUIDE 128
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 132
13.3 AVAILABLE CUSTOMIZATIONS 134
13.4 RELATED REPORTS 134
13.5 AUTHOR DETAILS 135

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