Livestock Grow Lights Market on Track for Strong Growth, Estimated to Grow at 7.7% CAGR Through 2029

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What Is the Expected CAGR for the Livestock Grow Lights Market Through 2025?
In recent times, the market size of livestock grow lights has seen robust growth. The market is anticipated to increase from $7.17 billion in 2024 to $7.72 billion in 2025, with a compound annual growth rate (CAGR) of 7.7%. Factors contributing to this growth during the historic period include the emergence of initial agricultural lighting solutions such as incandescent and fluorescent lighting, improved control over spectrum and wavelength, attention to animal welfare and behavior, and adaptation for specific livestock.

What's the Projected Size of the Global Livestock Grow Lights Market by 2029?
The market size for livestock grow lights is projected to demonstrate robust growth in the coming years. It is expected to reach a value of "$10.4 billion by 2029, expanding at a compound annual growth rate (CAGR) of 7.7%. The anticipated growth during the forecast period is due in part to market expansion, regulatory modifications and standards, emphasis on energy efficiency, need for customized solutions, and the inclusion of smart controls. Future trends within the forecast period encompass widening into indoor farming, a strong focus on durability and longevity, incorporation of UV lighting, the creation of tailored lighting solutions, and extensive research into animal behavior.

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Top Growth Drivers in the Livestock Grow Lights Industry: What's Accelerating the Market?
The surge in livestock productivity is anticipated to boost the expansion of the livestock grow lights market. Livestock productivity pertains to the efficient and effective rearing of livestock to generate diverse products such as meat, milk, eggs, wool, and other animal-based goods. This productivity can be enhanced through the use of livestock grow lights, which promote the growth and production of animal goods by radiating light akin to natural light and producing a physiological impact on livestock. For example, the Food and Agriculture Organization, a United Nations specialized agency based in Italy, reported a 0.6% increase in global dairy production in 2022, reaching 930 million tons, up from 2021. Consequently, the upswing in livestock productivity propels the livestock grow lights market.

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What Trends Will Shape the Livestock Grow Lights Market Through 2029 and Beyond?
Companies in the livestock grow lights market are investing in technology to support animal welfare and farm productivity. In September 2022, US-based Thrive Agritech launched the Pinnacle HP 840W LED Grow Light, designed to promote livestock health and growth while reducing energy use with customizable full-spectrum lighting.

What Are the Main Segments in the Livestock Grow Lights Market?
The livestock grow lights market covered in this report is segmented -

1) By Type: Fluorescent, Light Emitting Diode (LED), Incandescent, High-Intensity Discharge
2) By Livestock: Cattle, Poultry, Swine, Other Livestock
3) By Color: Green, Red, White, Blue
4) By Installation: Retrofit, New-Installation

Subsegments:
1) By Fluorescent: T5 Fluorescent Lights, T8 Fluorescent Lights, Compact Fluorescent Lights (CFL)
2) By Light Emitting Diode (LED): Full-Spectrum LED Lights, Red/Blue LED Lights, High-Pressure Sodium (HPS) LED Replacement
3) By Incandescent: Standard Incandescent Bulbs, Reflector Incandescent Bulbs
4) By High-Intensity Discharge: Metal Halide (MH) Lights, High-Pressure Sodium (HPS) Lights

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Which Top Companies are Driving Growth in the Livestock Grow Lights Market?
Major companies operating in the livestock grow lights market include Fienhage Poultry Solutions GmbH, Greengage Lighting & Glo-bulb Company, HATO Agricultural Lighting, Shenzhen Hontech-Wins Electronica Co. Ltd., Sunbird Poultry Lighting Systems Ltd., Big Dutchman AG, Aruna Lighting, Uni-Light LED, Light Engine Limited, ONCE by Signify, Waveform Lighting, Tetra Laval Corporation, Agrilight BV, ams-OSRAM AG, Gavita International B.V., CBM Lighting Inc., Lighting company Hybrite Co. Ltd., Black Dog Horticulture Technologies & Consulting, California LightWorks, Cree Inc., Current Lighting Solutions LLC, Growers Choice, Heliospectra AB, Hortilux Schréder B.V., Illumitex Inc., Kind LED Grow Lights, Koppert B.V., Lumileds Holding B.V., MaxLite, Morsen Light

Which Regions Will Dominate the Livestock Grow Lights Market Through 2029?
Asia-pacific was the largest region in the livestock grow lights market in 2024. The regions covered in the livestock grow lights market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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