Europe Livestock Grow Lights Market Size & Outlook
Europe livestock grow lights market, 2018-2030 (US$M)
Europe livestock grow lights market highlights
- The Europe livestock grow lights market generated a revenue of USD 2,790.6 million in 2023.
- The market is expected to grow at a CAGR of 9.2% from 2024 to 2030.
- In terms of segment, high-intensity discharge was the largest revenue generating type in 2023.
- High-Intensity Discharge is the most lucrative type segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2023 | USD 2,790.6 million |
| Market revenue in 2030 | USD 5,159.3 million |
| Growth rate | 9.2% (CAGR from 2023 to 2030) |
| Largest segment | High-intensity discharge |
| Fastest growing segment | High-Intensity Discharge |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | High-Intensity Discharge |
| Key market players worldwide | Koninklijke Philips NV, OSRAM Licht AG, DeLaval |
Other key industry trends
- In terms of revenue, Europe region accounted for 31.5% of the global livestock grow lights market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,317.6 million by 2030.
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Livestock Grow Lights Market Scope
Livestock Grow Lights Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe livestock grow lights market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to livestock grow lights market will help companies and investors design strategic landscapes.
High-intensity discharge was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Europe livestock grow lights market based on high-intensity discharge covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of livestock grow lights market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe livestock grow lights market , including forecasts for subscribers. This continent databook contains high-level insights into Europe livestock grow lights market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe livestock grow lights market
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