Agricultural Lighting Market by Light Source (Fluorescent, HID, LED), Application (Horticulture, Livestock, Aquaculture), Offering (Hardware, Software, Services), Installation Type, Wattage Type, Sales Channel and Region - Global Forecast to 2028
The global agricultural lighting market is projected to grow from USD 11.8 billion in 2023 to USD 21.4 billion by 2028; it is expected to grow at a CAGR of 12.5% from 2023 to 2028. The market has a promising growth potential due to several factors, including the technological advancements in LED technology, rising number of government initiatives to promote agricultural lighting, growing demand for food owing to the increasing population. All these factors could play a key role in driving the growth of the agricultural lighting market.
1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.2.1 Inclusions And Exclusions
1.3 Study Scope
1.3.1 Markets Covered
Figure 1 Market Segmentation
1.3.2 Regional Scope
1.3.3 Years Considered
1.4 Currency
1.5 Units Considered
1.6 Limitations
1.7 Stakeholders
1.8 Impact Of Recession
2 Research Methodology
2.1 Research Data
Figure 2 Agricultural Lighting Market: Process Flow Of Market Size Estimation
Figure 3 Agricultural Lighting Market: Research Design
2.1.1 Secondary Data
2.1.1.1 List Of Key Secondary Sources
2.1.1.2 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Breakdown Of Primary Interviews
2.1.2.2 Key Data From Primary Sources
2.1.2.3 Primary Interviews With Experts
2.1.3 List Of Key Primary Interview Participants
2.1.3.1 Key Industry Insights
2.1.4 Secondary And Primary Research
2.2 Market Size Estimation
2.2.1 Bottom-up Approach
2.2.1.1 Approach For Calculating Market Size Using Bottom-up Analysis