Agriculture lighting Market Drivers, Size, Biggest Share, Growth Opportunities 2024-2032 by AKVA Group, ams OSRAM AG, California LightWorks, CBM Lighting

The Agriculture lighting Market is Valued USD 11.8 billion by 2024 and projected to reach USD 33.78 billion by 2032, growing at a CAGR of 12.4% During the Forecast period of 2024-2032. The agriculture lighting market is experiencing a significant surge, driven by a growing awareness and emphasis on sustainable crop cultivation practices. As the global population continues to expand, there is an increasing demand for food production, prompting the agriculture industry to explore innovative technologies that enhance crop yield and quality. Sustainable agriculture has emerged as a key driver in this scenario, and agriculture lighting plays a pivotal role in supporting environmentally friendly and resource-efficient farming methods.

Get a Sample PDF of the Report @ https://www.marketdigits.com/request/sample/3600?utm_source=PR_MD

One of the primary factors fueling the demand for sustainable crop cultivation is the escalating concern for environmental conservation. Traditional farming practices often involve significant resource consumption, including water and energy, contributing to environmental degradation. The adoption of sustainable agriculture, facilitated by advanced lighting solutions, addresses these concerns by promoting practices that optimize resource utilization and minimize ecological impact. LED lighting, in particular, has gained prominence for its energy efficiency and ability to provide tailored light spectra for optimal plant growth.

Profitable players of the Agriculture lighting market are: AKVA Group, ams OSRAM AG, California LightWorks, CBM Lighting, Current Lighting Solutions, LLC, DeLaval, Gavita International B.V, HATO Agricultural Lighting, Heliospectra AB, Hubbell Incorporated, Lely, Luminus, Inc., Samsung, Signify Holding, and Sunbird.

Major Segmentations Are Distributed as follows:

By Component:
Lamps
Luminaries
Lighting Controls
Sensing Devices
Others (Timer, Accessories, etc.)

By Light Source:
Incandescent Lamps
Fluorescent Lamps
High Intensity Discharge Lamps
LEDs
Others (Halogen, Metal-halide, etc.)

By Wattage Type:
Up to 100W
100W - 300W
300W - 500W
Above 500W

By Application:
Horticulture
Livestock
Aquaculture
Vertical Farming

To establish the important thing traits, Ask Our Experts @ https://www.marketdigits.com/request/enquiry-before-buying/3600?utm_source=PR_MD

Essential regions of the Agriculture lighting market are:

• Agriculture lighting North America Market includes (Canada, Mexico, USA)
• Agriculture lighting Europe Market includes (Germany, France, Great Britain, Italy, Spain, Russia)
• Agriculture lighting Asia-Pacific Market includes (China, Japan, India, South Korea, Australia)
• Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa)
• Agriculture lighting South America Market includes (Brazil, Argentina)

Recent Developments

In February 2023, ams-OSRAM AG, global leader in optical solutions, announced a collaboration using the OSLON Square platform and OSLON SSL LEDs with Revolution Microelectronics (US), a controlled agriculture environment designer, to provide lighting for GreenCare Collective's new futuristic facility. A perpetual harvest methodology developed by GreenCare Collective's cutting-edge facility uses seasonal programmed spectrum controls and cutting-edge crop steering techniques to produce an extra harvest of plants every year.

In January 2023, Energous Corporation (US), a leading developer of RF-based charging for wireless power networks, and ams-OSRAM AG, a leader in optical solutions, announced a collaboration on a wirelessly powered multi-spectral light sensor for Controlled-Environment Agriculture and vertical farming. These sensors allow farmers to manage their lighting in the most efficient way possible.

What's more, it likewise covers the request and give of the promoting research concentrate in the assessed figure time frame. Explained investigation of the market players with their profile, deals examination and serious scene is given in the report. Besides, organization, joint effort and consolidations in the business are referenced for the accommodation of the investigation of the global Agriculture lighting industry.

Get Complete Report Agriculture lighting market 2024 for Better Understanding @ https://www.marketdigits.com/agriculture-lighting-market-1699959812?utm_source=PR_MD

Pivotal questions answered in the global Agriculture lighting market report:

• What are the major value propositions of the Agriculture lighting market?
• What are the new strategical frameworks that are mobilized among players to accomplish resilience in the wake of the COVID-19 pandemic?
• What technologies are expected to adopt the new regulations in Agriculture lighting report?
• What are the key collaborations generated by the vendors to consolidate their position in the Agriculture lighting market?
• What are the vital offerings new entrants concentrate on to implement unique positioning strategies?
• What are the futuristic prospects of the Agriculture lighting market across the globe?

Find More Research -

Microgrid Market
https://www.globenewswire.com/en/news-release/2023/12/08/2793047/0/en/Microgrid-Market-projected-to-reach-USD-108-1-Billion-by-2030-growing-at-a-CAGR-of-15-1-during-the-forecast-period-of-2023-2030-pronounced-by-MarketDigits-in-its-recent-study.html

Next-Generation Solar Cell Market
https://www.globenewswire.com/en/news-release/2023/12/12/2794722/0/en/Next-Generation-Solar-Cell-Market-projected-to-reach-USD-11-3-Billion-by-2030-growing-at-a-CAGR-of-20-3-during-the-forecast-period-of-2023-2030-a-comprehensive-study-by-MarketDigit.html

Contact Us:

1248 CarMia Way Richmond,
VA 23235, United States.
Phone: +1 510-730-3200
Email: sales@marketdigits.com
Website: https://www.marketdigits.com

About MarketDigits:

MarketDigits is one of the leading business research and consulting companies that helps clients to tap new and emerging opportunities and revenue areas, thereby assisting them in operational and strategic decision-making. We at MarketDigits believe that a market is a small place and an interface between the supplier and the consumer, thus our focus remains mainly on business research that includes the entire value chain and not only the markets.

We offer services that are most relevant and beneficial to the users, which help businesses to sustain themselves in this competitive market. Our detailed and in-depth analysis of the markets catering to strategic, tactical, and operational data analysis & reporting needs of various industries utilize advanced technology so that our clients get better insights into the markets and identify lucrative opportunities and areas of incremental revenues.

This release was published on openPR.