
North America Agricultural Lighting Market Size, Share & Industry Trends Analysis Report
Description
North America Agricultural Lighting Market Size, Share & Industry Trends Analysis Report By Installation, By Light Source (LED, Fluorescent, HID, and Others), By Wattage Type, By Sales Channel, By Offering, By Application, By Country and Growth Forecast, 2023 - 2030
The North America Agricultural Lighting Market would witness market growth of 12.0% CAGR during the forecast period (2023-2030).
Food security is a concern as the population continues to rise, and farmers are under pressure to produce more food with fewer resources like land, water, and energy. With its ability to provide energy-efficient, economical, and sustainable solutions to boost crop yields, agricultural lighting technology is quickly becoming an essential tool in modern agriculture.
With the rising trend of vertical and indoor farming applications, the significance of LED lighting applications in agriculture activities such as horticulture is expanding. LEDs are frequently used in cultivation for a variety of crops, including tomatoes, herbs, greens, and cucumbers because they have controlled illuminance and spectrum. Several developments in horticulture lighting enable indoor agriculture to effectively boost crop productivity. In the absence or limited presence of natural light sources, horticulture lighting is the main source of indoor agriculture.
Farmers in the United States have been able to implement large-scale indoor farming with the use of high-efficiency LED lighting and improved indoor management procedures. Such approaches are estimated to save approximately 50% on energy lighting expenses, lowering the carbon footprint of controlled environment agriculture. The average production of regular lettuce farming increases when cultivated through vertical farming, according to the US Department of Agriculture. The greenhouse crop production sector currently dominates the indoor farming sector in the United States. These factors are anticipated to support the growth of overall market in North America region.
The US market dominated the North America Agricultural Lighting Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $4,671.6 million by 2030. The Canada market is showcasing a CAGR of 14.5% during (2023 - 2030). Additionally, The Mexico market would display a CAGR of 13.5% during (2023 - 2030).
Based on Installation, the market is segmented into New, and Retrofit. Based on Light Source, the market is segmented into LED, Fluorescent, HID, and Others. Based on Wattage Type, the market is segmented into Below 50W, 50 - 150W, and Above 150W. Based on Sales Channel, the market is segmented into Retail/Wholesale, Direct Sales, and Online/E-commerce. Based on Offering, the market is segmented into Hardware, Software, and Services. Based on Application, the market is segmented into Livestock, Horticulture, and Aquaculture. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Signify N.V., ams-OSRAM AG, Tetra Laval International S.A. (DeLaval), Heliospectra AB, Valoya Oy, California LightWorks (MWW Inc.), Gavita International B.V., Hortilux Schréder (Dool Industries), and CBM Lighting, Inc.
Scope of the Study
Market Segments covered in the Report:
By Installation
- New
- Retrofit
- LED
- Fluorescent
- HID
- Others
- Below 50W
- 50 - 150W
- Above 150W
- Retail/Wholesale
- Direct Sales
- Online/E-commerce
- Hardware
- Software
- Services
- Livestock
- Horticulture
- Aquaculture
- US
- Canada
- Mexico
- Rest of North America
- Signify N.V.
- ams-OSRAM AG
- Tetra Laval International S.A. (DeLaval)
- Heliospectra AB
- Valoya Oy
- California LightWorks (MWW Inc.)
- Gavita International B.V.
- Hortilux Schréder (Dool Industries)
- CBM Lighting, Inc.
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
97 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Agricultural Lighting Market, by Installation
- 1.4.2 North America Agricultural Lighting Market, by Light Source
- 1.4.3 North America Agricultural Lighting Market, by Wattage Type
- 1.4.4 North America Agricultural Lighting Market, by Sales Channel
- 1.4.5 North America Agricultural Lighting Market, by Offering
- 1.4.6 North America Agricultural Lighting Market, by Application
- 1.4.7 North America Agricultural Lighting Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market composition and Scenario
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
- Chapter 3. Strategies Deployed in Agricultural Lighting Market
- Chapter 4. North America Agricultural Lighting Market by Installation
- 4.1 North America New Market by Country
- 4.2 North America Retrofit Market by Country
- Chapter 5. North America Agricultural Lighting Market by Light Source
- 5.1 North America LED Market by Country
- 5.2 North America Fluorescent Market by Country
- 5.3 North America HID Market by Country
- 5.4 North America Others Market by Country
- Chapter 6. North America Agricultural Lighting Market by Wattage Type
- 6.1 North America Below 50W Market by Country
- 6.2 North America 50 - 150W Market by Country
- 6.3 North America Above 150W Market by Country
- Chapter 7. North America Agricultural Lighting Market by Sales Channel
- 7.1 North America Retail/Wholesale Market by Country
- 7.2 North America Direct Sales Market by Country
- 7.3 North America Online/E-commerce Market by Country
- Chapter 8. North America Agricultural Lighting Market by Offering
- 8.1 North America Hardware Market by Country
- 8.2 North America Software Market by Country
- 8.3 North America Services Market by Country
- Chapter 9. North America Agricultural Lighting Market by Application
- 9.1 North America Livestock Market by Country
- 9.2 North America Horticulture Market by Country
- 9.3 North America Aquaculture Market by Country
- Chapter 10. North America Agricultural Lighting Market by Country
- 10.1 US Agricultural Lighting Market
- 10.1.1 US Agricultural Lighting Market by Installation
- 10.1.2 US Agricultural Lighting Market by Light Source
- 10.1.3 US Agricultural Lighting Market by Wattage Type
- 10.1.4 US Agricultural Lighting Market by Sales Channel
- 10.1.5 US Agricultural Lighting Market by Offering
- 10.1.6 US Agricultural Lighting Market by Application
- 10.2 Canada Agricultural Lighting Market
- 10.2.1 Canada Agricultural Lighting Market by Installation
- 10.2.2 Canada Agricultural Lighting Market by Light Source
- 10.2.3 Canada Agricultural Lighting Market by Wattage Type
- 10.2.4 Canada Agricultural Lighting Market by Sales Channel
- 10.2.5 Canada Agricultural Lighting Market by Offering
- 10.2.6 Canada Agricultural Lighting Market by Application
- 10.3 Mexico Agricultural Lighting Market
- 10.3.1 Mexico Agricultural Lighting Market by Installation
- 10.3.2 Mexico Agricultural Lighting Market by Light Source
- 10.3.3 Mexico Agricultural Lighting Market by Wattage Type
- 10.3.4 Mexico Agricultural Lighting Market by Sales Channel
- 10.3.5 Mexico Agricultural Lighting Market by Offering
- 10.3.6 Mexico Agricultural Lighting Market by Application
- 10.4 Rest of North America Agricultural Lighting Market
- 10.4.1 Rest of North America Agricultural Lighting Market by Installation
- 10.4.2 Rest of North America Agricultural Lighting Market by Light Source
- 10.4.3 Rest of North America Agricultural Lighting Market by Wattage Type
- 10.4.4 Rest of North America Agricultural Lighting Market by Sales Channel
- 10.4.5 Rest of North America Agricultural Lighting Market by Offering
- 10.4.6 Rest of North America Agricultural Lighting Market by Application
- Chapter 11. Company Profiles
- 11.1 Signify N.V.
- 11.1.1 Company Overview
- 11.1.2 Financial Analysis
- 11.1.3 Segmental and Regional Analysis
- 11.1.4 Research & Development Expense
- 11.1.5 Recent strategies and developments:
- 11.1.5.1 Partnerships, Collaborations, and Agreements:
- 11.1.5.2 Acquisition and Mergers:
- 11.2 ams-OSRAM AG
- 11.2.1 Company Overview
- 11.2.2 Financial Analysis
- 11.2.3 Segmental and Regional Analysis
- 11.2.4 Research & Development Expense
- 11.2.5 Recent strategies and developments:
- 11.2.5.1 Product Launches and Product Expansions:
- 11.3 Tetra Laval International S.A. (DeLaval)
- 11.3.1 Company Overview
- 11.3.2 Financial Analysis
- 11.3.3 Segmental and Regional Analysis
- 11.3.4 Regional Analysis of Tetra Pak
- 11.3.5 Regional Analysis of Sidel
- 11.3.6 Regional Analysis of DeLaval
- 11.4 Heliospectra AB
- 11.4.1 Company Overview
- 11.4.2 Financial Analysis
- 11.5 Valoya Oy
- 11.5.1 Company Overview
- 11.5.2 Recent strategies and developments:
- 11.5.2.1 Partnerships, Collaborations, and Agreements:
- 11.5.2.2 Product Launches and Product Expansions:
- 11.6 California LightWorks (MWW Inc.)
- 11.6.1 Company Overview
- 11.6.2 Recent strategies and developments:
- 11.6.2.1 Partnerships, Collaborations, and Agreements:
- 11.6.2.2 Product Launches and Product Expansions:
- 11.7 Gavita International B.V.
- 11.7.1 Company Overview
- 11.8 Hortilux Schréder (Dool Industries)
- 11.8.1 Company Overview
- 11.9 CBM Lighting, Inc.
- 11.9.1 Company Overview
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