Market Research Report

Global Livestock and Aquaculture LED Lighting Market Research Report: Forecast (2021-2026)

By Product Type (LED Bulb, LED Tube Light), By Watt (Below 100W, 100W-200W, 200W-300W, 300W-400W, Above 400W), By Installation (Retrofit, New Installation), By Application (Livesto...ck Lighting [Poultry, Cattle, Pig/Swine], Aquaculture Lighting [Fish, Shellfish, Algae, Others (Crustaceans and Mollusks)]), By Distribution Channel (Distributors and Dealers/Retailers, Online, Direct Sales), By Region (North America, South America, Europe, Asia-Pacific, Middle East & Africa), By Country (U.S, Canada, Brazil, Mexico, Germany, France, The U.K, Spain, Italy, China, India, Japan, Australia, South Korea, UAE, Saudi Arabia, South Africa), By Competitors (Osram Licht AG, Koninklijke Philips N.V., DeLaval, Once Inc., HATO Agricultural Lighting, Shenzhen Hontech-Wins Electronics Co., Ltd., CBM Lighting, Fienhage Poultry-Solutions GmbH, Sunbird Poultry Lighting Systems, Planet Lighting) Read more

  • FMCG
  • Jun 2021
  • Pages 265
  • Report Format: PDF, Excel, PPT

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Market Overview

A Livestock and Aquaculture LED Lighting is the artificial light provided to the livestock and aquaculture for their development and growth. It is beneficial for modifying their physiological & biological responses, including reproduction and milk production.

According to MarkNtel Advisors’ research report, “Global Livestock and Aquaculture LED Lighting Market Analysis, 2021,” the market is likely to grow at a CAGR of around 7% during 2021-26. The market growth attributes to the innovation of advanced technologies and the mounting adoption of smart livestock farming and aquaculture practices. Additionally, the surging consumption of animal-based products and the increasing concerns regarding the growth and welfare of livestock to enhance their productivity boost the demand for LED lights in livestock, thereby fueling the Livestock and Aquaculture LED Lighting Market growth across the globe.

Report Coverage Details
Study Period Historical Data: 2016-19
Base Year: 2020
Forecast Period: 2021-26
CAGR(2021-26) 7%
Regions Covered North America: USA, Canada, Mexico
Europe: Germany, The UK, France, Spain, Italy and Others
Asia-Pacific: China, India, Japan, South Korea, Australia and Others
South America: Brazil, and Argentina
Middle East & Africa: UAE, Saudi Arabia, South Africa
Key Companies Profiled Osram Licht AG, Koninklijke Philips N.V., DeLaval, Once Inc., HATO Agricultural Lighting, Shenzhen Hontech-Wins Electronics Co., Ltd., CBM Lighting, Fienhage Poultry-Solutions GmbH, Sunbird Poultry Lighting Systems, Planet Lighting
Unit Denominations USD Million/Billion

 

Impact of COVID-19

The outbreak of the COVID-19 pandemic has adversely affected the growth of the Global Livestock and Aquaculture LED Lighting Market. The imposition of lockdown has affected the entire food supply chain, especially livestock production. Additionally, the shutdown of processing plants and rising concerns of the spread of disease due to proximity has led to a decline in the number of workers, which, in turn, has affected the production capacity, thereby negatively influencing the market growth.


Global Livestock and Aquaculture LED Lighting Market Research Report: Forecast (2021-2026)

Market Segmentation

LED Bulb Accounted for the Largest Market Share

Based on the Product Type, the market divides into LED Bulb and LED Tube Light. Of these two, the LED Bulb captured a significant share in the market in the previous few years. It owes to the properties exhibited by LED Bulbs, such as energy savings and durability. It is the most energy-efficient product, enabling farmers to create a lighting environment best suited for livestock’s wellbeing. Hence, these factors lead to the accelerating segment growth, cites MarkNtel Advisors in their research report, “Global Livestock and Aquaculture LED Lighting Market Analysis, 2021.”

LED Bulb Dominated the Market

Based on Installation, the market bifurcates into Retrofit and New Installation. Of these two, the Retrofit attained the highest share in the Global Livestock and Aquaculture LED Lighting Market in the past few years. Retrofit is a cost-effective and fast method, as it is a temporary solution. It offers supplemental light beneficial for enhancing the quality of plants and minimizing their labor & maintenance costs.

Regional Landscape

Asia Pacific Region Attained the Highest Market Share

Geographically, Asia Pacific held the largest share in the Global Livestock and Aquaculture LED Lighting Market in the previous few years. It owes to the abundant availability of livestock, resulting in high demand for large-sized farms. The rising livestock population results in the increasing demand for new livestock farms. In addition to this, mounting disposable income and snowballing purchasing power of people has aided the need for animal-based products like meat and eggs, thereby propelling the market growth.

Market Driver

Remarkable benefits associated with LED Lighting Boost the Market Growth

The Livestock and Aquaculture LED Lighting offer a wide range of benefits over conventional lighting technologies, such as energy efficiency, longer life, and increasing cost competitiveness. These factors have boosted the demand for long-lasting lighting and cost-effective solutions for livestock and aquaculture, thereby augmenting the overall market growth.

Competitive Landscape

According to MarkNtel Advisors, the leading players in the Global Livestock and Aquaculture LED Lighting Market are Osram Licht AG, Koninklijke Philips N.V., DeLaval, Once Inc., HATO Agricultural Lighting, Shenzhen Hontech-Wins Electronics Co., Ltd., CBM Lighting, Fienhage Poultry-Solutions GmbH, Sunbird Poultry Lighting Systems, and Planet Lighting.

Key Questions Answered in the Market Research Report:

  1. What are the overall market statistics or estimates (Market Overview, Market Size- by Value, Forecast Numbers, Market Segmentation, and Market Shares) of the Global Livestock and Aquaculture LED Lighting Market?
  2. What are the region-wise industry size, growth drivers, and challenges?
  3. What are the key innovations, opportunities, current & future trends, and regulations in the Global Livestock and Aquaculture LED Lighting Market? 
  4. Who are the key competitors, their key strengths & weaknesses, and how do they perform in the Global Livestock and Aquaculture LED Lighting Market based on a competitive benchmarking matrix?
  5. What are the key results derived from the market surveys conducted during the Global Livestock and Aquaculture LED Lighting Market study?  

Market Outlook, Segmentation and Statistics:

  • Impact of COVID-19 on Global Livestock and Aquaculture LED Lighting Market
  • Market Size & Analysis
    • By Value
    • By Volume
  • Market Share & Analysis
    • By Product Type
      • LED Bulb
      • LED Tube Light
    • By Watt
      • Below 100W
      • 100W-200W
      • 200W-300W
      • 300W-400W
      • Above 400W
    •  By Installation
      • Retrofit
      • New Installation
    • By Application
      • Livestock Lighting
        • Poultry
        • Cattle
        • Pig/Swine
      • Aquaculture Lighting
        • Fish
        • Shellfish
        • Algae
        • Others (Crustaceans and Mollusks)
    • By Distribution Channel
      • Distributors and Dealers/Retailers
      • Online
      • Direct Sales
    • By Region
      • North America
      • South America
      • Europe
      • Middle East & Africa
      • Asia-Pacific
    • By Competitors
      • Competition Characteristics
      • Market Share & Analysis
      • Competitive Matrix
  • Global Livestock and Aquaculture LED Lighting Market Hotspots & Opportunities
  • Global Livestock and Aquaculture LED Lighting Market Regulations & Policy
  • Key Strategic Imperatives for Success and Growth
  • Global Competition Outlook
    • Competition Matrix
    • Company Profile

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Frequently Asked Questions

   A. The Global Livestock and Aquaculture LED Lighting Market is forecast to grow at a CAGR of 7% during 2021-26.

   A. Osram Licht AG, Koninklijke Philips N.V., DeLaval, Once Inc., HATO Agricultural Lighting, Shenzhen Hontech-Wins Electronics Co., Ltd., CBM Lighting, Fienhage Poultry-Solutions GmbH, Sunbird Poultry Lighting Systems, and Planet Lighting are a few of the leading players in the Global Livestock and Aquaculture LED Lighting Market.

   A. LED Bulb is likely to attain the highest CAGR during the forecast period and maintain its significant market share.

   A. Asia Pacific continues to grow at the highest CAGR during 2021-26, thereby presenting immense opportunities to market players of the Global Livestock and Aquaculture LED Lighting Market.

   A. Increasing innovation of advanced technologies, mounting adoption of smart livestock farming & aquaculture practices, and the surging consumption of animal-based products are the major factors backing the market growth.

   A. The sudden outbreak of the COVID-19 pandemic has adversely affected the growth of the Global Livestock and Aquaculture LED Lighting Market as the imposition of lockdown has affected the entire food supply chain, especially livestock production.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Definition
  2. Executive Summary
  3. Impact of COVID-19 on Global Livestock and Aquaculture LED Lighting Market
  4. Global Livestock and Aquaculture LED Lighting Market Regulations & Policy
  5. Global Livestock and Aquaculture LED Lighting Market Trends & Insights
  6. Global Livestock and Aquaculture LED Lighting Market Dynamics
    1. Drivers
    2. Challenges
    3. Impact Analysis
  7. Global Livestock and Aquaculture LED Lighting Market Hotspots & Opportunities
  8. Global Livestock and Aquaculture LED Lighting Market Import Export Statistics
  9. Global Livestock and Aquaculture LED Lighting Market Supply Chain Analysis
  10. Global Livestock and Aquaculture LED Lighting Market Consumer Behavior Analysis
    1. Consumer Trends & Preferences
    2. Factors Affecting Buying Decision
    3. Brand Preference
  11. Global Livestock and Aquaculture LED Lighting Market Outlook, 2016- 2026F
    1. Market Size & Analysis
      1. By Revenues
      2. By Units Sold
    2. Market Share & Analysis
      1. By Product Type
        1. LED Bulb
        2. LED Tube Light
      2. By Watt
        1. Below 100W
        2. 100W-200W
        3. 200W-300W
        4. 300W-400W
        5. Above 400W
      3.  By Installation
        1. Retrofit
        2. New Installation
      4. By Application
        1. Livestock Lighting
          1. Poultry
          2. Cattle
          3. Pig/Swine
        2. Aquaculture Lighting
          1. Fish
          2. Shellfish
          3. Algae
          4. Others (Crustaceans and Mollusks)
      5. By Distribution Channel
        1. Distributors and Dealers/Retailers
        2. Online
        3. Direct Sales
      6. By Region
        1. North America
        2. South America
        3. Europe
        4. Asia Pacific
        5. Middle East and Africa
      7. By Competitors
        1. Competition Characteristics
        2. Market Share & Analysis
        3. Competitive Matrix
  12. North America Livestock and Aquaculture LED Lighting Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues
      2. By Units Sold
    2. Market Share & Analysis
      1. By Product Type
      2. By Watt
      3. By Installation
      4. By Application
      5. By Country
        1. The U.S.
        2. Canada
        3. Mexico
    3. The U.S. Livestock and Aquaculture LED Lighting Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Product Type
        2. By Watt
    4. Canada Livestock and Aquaculture LED Lighting Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Product Type
        2. By Watt
    5. Mexico Livestock and Aquaculture LED Lighting Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Product Type
        2. By Watt
  13. South America Livestock and Aquaculture LED Lighting Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues
      2. By Units Sold
    2. Market Share & Analysis
      1. By Product Type
      2. By Watt
      3. By Installation
      4. By Application
      5. By Country
        1. Brazil
        2. Others
    3. Brazil Livestock and Aquaculture LED Lighting Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Product Type
        2. By Watt
  14. Europe Livestock and Aquaculture LED Lighting Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues
      2. By Units Sold
    2. Market Share & Analysis
      1. By Product Type
      2. By Watt
      3. By Installation
      4. By Application
      5. By Country
        1. The U.K.
        2. Germany
        3. France
        4. Italy
        5. Spain
        6. Others
    3. The U.K. Livestock and Aquaculture LED Lighting Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Product Type
        2. By Watt
    4. Germany Livestock and Aquaculture LED Lighting Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Product Type
        2. By Watt
    5. France Livestock and Aquaculture LED Lighting Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Product Type
        2. By Watt
    6. Italy Livestock and Aquaculture LED Lighting Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Product Type
        2. By Watt
    7. Spain Livestock and Aquaculture LED Lighting Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Product Type
        2. By Watt
  15. Asia-Pacific Livestock and Aquaculture LED Lighting Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues
      2. By Units Sold
    2. Market Share & Analysis
      1. By Product Type
      2. By Watt
      3. By Installation
      4. By Application
      5. By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Australia
        6. Others
    3. China Livestock and Aquaculture LED Lighting Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Product Type
        2. By Watt
    4. India Livestock and Aquaculture LED Lighting Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Product Type
        2. By Watt
    5. Japan Livestock and Aquaculture LED Lighting Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Product Type
        2. By Watt
    6. South Korea Livestock and Aquaculture LED Lighting Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Product Type
        2. By Watt
    7.  Australia Livestock and Aquaculture LED Lighting Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Product Type
        2. By Watt
  16. Middle East and Africa Livestock and Aquaculture LED Lighting Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues
      2. By Units Sold
    2. Market Share & Analysis
      1. By Product Type
      2. By Watt
      3. By Installation
      4. By Application
      5. By Country
        1. UAE
        2. Saudi Arabia
        3. South Africa
        4. Others
    3. UAE Livestock and Aquaculture LED Lighting Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Product Type
        2. By Watt
    4. Saudi Arabia Livestock and Aquaculture LED Lighting Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Product Type
        2. By Watt
    5. South Africa Livestock and Aquaculture LED Lighting Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Product Type
        2. By Watt
  17. Key Strategic Imperatives for Success and Growth
  18. Competition Outlook (Whichever Applicable)
    1. Competition Matrix
      1. Brand Specialization
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
    2. Company Profiles
      1. Osram Licht AG
      2. Koninklijke Philips N.V.
      3. DeLaval
      4. Once Inc.
      5. HATO Agricultural Lighting
      6. Shenzhen Hontech-Wins Electronics Co., Ltd.
      7. CBM Lighting
      8. Fienhage Poultry-Solutions GmbH
      9. Sunbird Poultry Lighting Systems
      10. Planet Lighting
  19. Disclaimer


Global Livestock and Aquaculture LED Lighting Market Segmentation

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

Data Trangulation

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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