Grow Light for Poultry Farming Industry - Regional Synopsis
Asia Pacific industry is expected to account for largest revenue share by 2037, on the back of presence of large poultry livestock and increase in the production of grow lights in the region. In 2019, China had the largest poultry bird stock in the Asia Pacific, with a stock of more than 6 billion. Bhutan also observed a hike in its poultry livestock that year, valued at about 1.4 million. Along with these, rising emphasis of manufacturers on manufacturing poultry grow lights that can last longer duration, is also predicted to expand the region’s market in the forthcoming years. Moreover, the grow light for poultry farming market in Europe is also assessed to occupy a notable share in the market during the forecast period in view of the strong presence of prominent market players and rising emphasis on a healthier poultry in the region.
