Agricultural Lighting Market Witness Exponential Growth USD 33,158.07 Million With an Excellent CAGR of 12.40% by 2032
๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐ก๐๐ฌ ๐ซ๐๐๐๐ง๐ญ๐ฅ๐ฒ ๐ฉ๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐ข๐ญ๐ฌ ๐ฅ๐๐ญ๐๐ฌ๐ญ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ญ๐ข๐ญ๐ฅ๐๐ "๐๐ ๐ซ๐ข๐๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐๐ฅ ๐๐ข๐ ๐ก๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ (๐๐๐ซ๐๐ฐ๐๐ซ๐, ๐๐จ๐๐ญ๐ฐ๐๐ซ๐, ๐๐ง๐ ๐๐๐ซ๐ฏ๐ข๐๐๐ฌ), ๐๐ข๐ ๐ก๐ญ ๐๐จ๐ฎ๐ซ๐๐, ๐๐๐ญ๐ญ๐๐ ๐, ๐๐ง๐ฌ๐ญ๐๐ฅ๐ฅ๐๐ญ๐ข๐จ๐ง ๐๐ฒ๐ฉ๐, ๐๐๐ฅ๐๐ฌ ๐๐ก๐๐ง๐ง๐๐ฅ, ๐๐๐ ๐ข๐จ๐ง - ๐๐ฅ๐จ๐๐๐ฅ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ญ๐จ 2032." ๐๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ซ๐๐ฏ๐๐๐ฅ๐ฌ ๐ญ๐ก๐๐ญ ๐ญ๐ก๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฐ๐๐ฌ ๐ฏ๐๐ฅ๐ฎ๐๐ ๐๐ญ ๐๐๐ 11800.22 ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง 2023. ๐๐ก๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ข๐ฌ ๐๐ง๐ญ๐ข๐๐ข๐ฉ๐๐ญ๐๐ ๐ญ๐จ ๐ ๐ซ๐จ๐ฐ ๐ญ๐จ ๐๐๐ 33,158.07 ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ 2032, ๐๐ฑ๐ก๐ข๐๐ข๐ญ๐ข๐ง๐ ๐ ๐๐จ๐ฆ๐ฉ๐จ๐ฎ๐ง๐ ๐๐ง๐ง๐ฎ๐๐ฅ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐ซ๐๐ญ๐ (๐๐๐๐) ๐จ๐ 12.40% ๐จ๐ฏ๐๐ซ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐ ๐๐ซ๐จ๐ฆ 2024 ๐ญ๐จ 2032.๐๐ก๐๐ญ ๐ข๐ฌ ๐๐ ๐ซ๐ข๐๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐๐ฅ ๐๐ข๐ ๐ก๐ญ๐ข๐ง๐ ?
Agricultural crops rely on the process of photosynthesis to grow. By enhancing the effect of sunlight through artificial lighting, it's expectable that there will be an increase in the crop growth rate. Agricultural lighting is an old idea, with products like fluorescent lamps, sodium lamps, and metal halide lamps being commonly used as traditional light-filling lamps. The rapid development of LED lighting technology has led to the creation of better energy-efficient features as compared to traditional sources. Also, LED lighting can efficiently decrease the waste of energy. Also, the ability of LED lights to regulate different colors and spectra means the lighting can be adjusted to suit different stages of plant growth.
๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ : https://www.polarismarketresearch.com/industry-analysis/agricultural-lighting-market/request-for-sample
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐ :
Owing to the presence of both established players and new entrants, the agricultural lighting market is poised to witness competition over the forecast period. The top industry players rely on strategic developments such as collaboration, partnership, and product upgrades to gain a competitive edge in the industry. Some of the major industry participants include:
โข Signify
โข OSRAM
โข Gavita
โข Valoya
โข California Lightworks
โข Helliospectra AB
โข LumiGrow Inc.
โข Hortilux Schrรฉder
โข Eye Hortilux
โข Signify Holding
โข ams-OSRAM GmbH
โข Gavita International B.V.
โข Valoya
๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ: https://www.polarismarketresearch.com/buy/2622/2
๐๐ ๐ซ๐ข๐๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐๐ฅ ๐๐ข๐ ๐ก๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ :
โข Software offering is expected to grow with highest growth rate during the forecast period due to increasingly growing integration with IoT and automation
โข LED light is accounting the highest share of the global revenue in the year of 2022 due to ongoing adoption of LED technology in the agriculture sector
โข Below 50W segment is projected to hold largest market share owing to lesser electricity consumption by these lamps
โข Retrofit installation type is anticipated to expand with fastest CAGR as it involves minimal disruption to ongoing agricultural operations
โข Retail/ wholesale segment is dominating the market with a significant share in the global market due to improved convenience buying pattern
โข Europe held the largest share of the global market by the end of 2022 due to improved investments in agriculture sector and increased large areas under greenhouse cultivation
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐ : https://www.polarismarketresearch.com/industry-analysis/agricultural-lighting-market
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ :
โข ๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐
o Hardware
o Software
o Services
โข ๐๐ฒ ๐๐ข๐ ๐ก๐ญ ๐๐จ๐ฎ๐ซ๐๐
o HID
o LED
o Others (xenon, plasma, and induction lightning)
โข ๐๐ฒ ๐๐๐ญ๐ญ๐๐ ๐
o Below 50W
o 50-150W
o Below 150W
โข ๐๐ฒ ๐๐ง๐ฌ๐ญ๐๐ฅ๐ฅ๐๐ญ๐ข๐จ๐ง ๐๐ฒ๐ฉ๐
o New
o Retrofit
โข ๐๐ฒ ๐๐๐ฅ๐๐ฌ ๐๐ก๐๐ง๐ง๐๐ฅ
o Retail/ Wholesale
o Direct Sales
o Online/ E-commerce
o Other Sales Channel
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ :
โข The Europe region accounted for the largest global market share owing to its robust capital investment capabilities. Also, the rise in government funding to boost farm productivity is another key aspect helping the market to grow in the region.
โข Asia Pacific is one of the fastest-growing regions in the market. This is primarily because the agriculture industry has witnessed significant growth over the past few years. Also, emerging technologies are playing a crucial role in the market expansion in APAC.
โข North America (U.S., Canada)
โข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โข Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
โข Latin America (Brazil, Mexico, Argentina)
โข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
๐๐ฅ๐ญ๐ซ๐๐๐๐ฉ๐๐๐ข๐ญ๐จ๐ซ๐ฌ ๐๐๐ซ๐ค๐๐ญ :https://www.polarismarketresearch.com/industry-analysis/ultracapacitors-market
๐๐ง๐๐ซ๐ ๐ฒ ๐๐๐ซ๐ฏ๐๐ฌ๐ญ๐ข๐ง๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ :https://www.polarismarketresearch.com/industry-analysis/energy-harvesting-equipment-market
๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐ซ๐๐๐ญ๐ข๐จ๐ง ๐๐จ๐ญ๐จ๐ซ ๐๐๐ซ๐ค๐๐ญ :https://www.polarismarketresearch.com/industry-analysis/electric-traction-motor-market
๐๐จ๐ฅ๐๐ซ ๐๐ซ๐๐๐ค๐๐ซ ๐๐๐ซ๐ค๐๐ญ :https://www.polarismarketresearch.com/industry-analysis/global-solar-tracker-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ :
Polaris Market Research
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New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ :
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.
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