Grow Light for Poultry Farming Market Size, Share, Demand, Future Growth, Challenges and Competitive Analysis
The grow light for poultry farming market is likely to reach USD 0.64 billion by 2028 and is expected to expand at a compound annual growth rate of 3.20% over the forecast period of 2021 to 2028. The increase the demand of grow lights for poultry farming is the factor for the grow light for poultry farming market in the forecast period of 2021 to 2028.
A grow light is a type of an electric lamp which operates as an artificial source of light. These lights are significant for the development of animals, and it also shapes the physiological reaction and comfort of the livestock.
The grow light for poultry farming market is expected to gain growth, due to the rise in demand and consumption of livestock-based products. Also the rapid technological Innovations and high adoption of smart livestock farming practices are also expected to drive the market for grow light for poultry farming over the forecast period of 2021 to 2028.The increase in focus on livestock growth and wellbeing together with the emphasis on livestock productivity and rise in focus on increase in domestic animals to enhance livestock production are also likely to lift the growth of the grow light for poultry farming market. Also the rise in the consumption of animal-based products and popularity of meat and meat related products are also the major driving factors leading towards the growth of the grow light for poultry farming market.
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The major players covered in the grow light for poultry farming report are OSRAM Opto Semiconductors GmbH, Signify Holding, DeLaval Inc., Big Dutchman, Uni-lightled LED, Once Inc., AGRILIGHT B.V., Aruna lighting, HATO Agricultural Lighting, Shenzhen Hontech-Wins Electronics Co., Ltd., CBM Lighting Inc., Fienhage Poultry Solutions, SUNBIRD, Sinowell, G&G Industrial Lighting, excite LED Grow Lights, TE Connectivity, Cree, Inc., SAMSUNG, and Heliospectra AB, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Scope of the Grow Light for Poultry Farming Market Report:
The grow light for poultry farming market is segmented on the basis of type, installation type and light color. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the grow light for poultry farming market is segmented into light-emitting diode (LED), fluorescent, incandescent and high-intensity discharge (HID).
- On the basis of installation type, the grow light for poultry farming market is segmented into retrofit and new installation.
- The grow light for poultry farming market is also segmented on the basis of light color into green, red, blue and white.
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Grow Light for Poultry Farming Market Regional Analysis/Insights
The Grow Light for Poultry Farming market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Grow Light for Poultry Farming market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Grow Light for Poultry Farming within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Grow Light for Poultry Farming market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.
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