Global Linear LED Strip Fixture Market is valued at approximately USD 2.13 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 12.01% over the forecast period 2023-2030. A Linear LED Strip Fixture is a type of lighting fixture that incorporates a linear arrangement of LED (light-emitting diode) lights. It is designed to provide illumination across a specific area, such as a room, workspace, or outdoor setting. LED strip fixtures consist of long, narrow housing that houses a series of LED chips or diodes. These diodes emit light when an electrical current passes through them, resulting in efficient and energy-saving illumination. The housing is typically made of aluminum or other lightweight materials to ensure heat dissipation and durability. The LED chips in a linear LED strip fixture are mounted on a flexible circuit board, which allows for easy bending and installation in various configurations. The Linear LED Strip Fixture market is expanding because of factors such as the rising development of smart homes and the rising demand and adoption of energy-efficient solutions.
Smart home systems often rely on wireless communication protocols such as Wi-Fi, Zigbee, or Z-Wave. Many linear LED strip fixtures are designed to be compatible with these protocols, allowing seamless integration into smart home ecosystems. Users can control the LED strips using smart home hubs, mobile apps, or voice assistants, thereby enhancing the overall automation experience. According to Statista, the global number of smart homes in the year 2019 reached 191.4 million which increased to 307.82 million in the year 2022 and it is projected to reach at 672.57 million by year 2027. Thus, the rising development of smart homes is driving market growth. In addition, the increase in new construction across commercial, residential, and industrial sector and government prohibitions on the use of incandescent lighting is creating new opportunities for the market. However, installation complexity stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Linear LED Strip Fixture Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to factors such as the rising development of smart homes, rising technological advancement, and rising government support for the industry. Whereas, Asia Pacific is projected to grow at the fastest rate owing to factors such as rising construction of office buildings, retail stores, and residential complexes, rising urbanization, and the development of smart homes in the region.
Major market player included in this report are:
- Acclaim Lighting, LLC
- Acolyte LED
- Acuity Brands Lighting, Inc.
- American Lighting, Inc.
- Cree Lighting Inc
- Ecosense Sustainable Solutions Pvt Ltd
- Elemental LED, Inc. (Diode LED)
- Haichang Optotech Co., Ltd
- Hubbell Inc.
- Kelvix LLC
Recent Developments in the Market:
- In October 2021, Cree Lighting introduced the CPY500 Series, a line of canopy lighting products with a cutting-edge design that adds aesthetic appeal and comfort to the eye. It is anticipated that the launch of the new series would assist the business in expanding its clientele and fortifying its position within the lighting sector.
- In July 2021, Haichang introduced the Linkable LED Linear light AL7050 with 3 CCT switchable for stores, businesses, and schools. The product have a linkable design and a brilliant, even beam of light. By directly connecting one fixture to another, you can connect several fixtures to form a daisy chain series. To use as pendant light fixtures, and can be suspended from ceilings using suspension kits. Such luminaires have a 5 foot, 60 watt output that produces 9000 lumens of cool white, warm white or natural white light. Changes to the colour are completely free. Optional features include emergency function, remote control, DALI & 1-10V dimming, and Tuya WiFi.
Global Linear LED Strip Fixture Market Report Scope:
- Historical Data - 2020 - 2021
- Base Year for Estimation - 2022
- Forecast period - 2023-2030
- Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered - Color Temperature, Output Voltage, Fixture Wattage, Mounting Type, Application, Region
- Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Color Temperature:
- Less than 3000 K
- 3000-K- 4000 K
- 4000 K- 5000 K
- Above 5000 K
By Output Voltage:
By Fixture Voltage:
- Less than 15 W
- 15 W to 50 W
- Above 50 W
By Mounting Type:
- Suspended
- Recessed
- Surface
- Pendant
By Application:
- Retail
- Hospitality
- Architectural
- Landscape and Graphic Arts
- Educational Institutes
- Commercial office Spaces
- Residential
- Others
By Region:
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Linear LED Strip Fixture Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Linear LED Strip Fixture Market, by Color Temperature, 2020-2030 (USD Billion)
- 1.2.3. Linear LED Strip Fixture Market, by Output Voltage, 2020-2030 (USD Billion)
- 1.2.4. Linear LED Strip Fixture Market, by Fixture Wattage, 2020-2030 (USD Billion)
- 1.2.5. Linear LED Strip Fixture Market, by Mounting Type, 2020-2030 (USD Billion)
- 1.2.6. Linear LED Strip Fixture Market, by Application, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Linear LED Strip Fixture Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Linear LED Strip Fixture Market Dynamics
- 3.1. Linear LED Strip Fixture Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Rising development of smart homes
- 3.1.1.2. Rising demand and adoption of energy-efficient lighting solutions.
- 3.1.2. Market Challenges
- 3.1.2.1. High installation complexity
- 3.1.3. Market Opportunities
- 3.1.3.1. Increase in new construction activities
- 3.1.3.2. Government prohibitions on the use of incandescent lighting
Chapter 4. Global Linear LED Strip Fixture Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Linear LED Strip Fixture Market, by Color Temperature
- 5.1. Market Snapshot
- 5.2. Global Linear LED Strip Fixture Market by Color Temperature, Performance - Potential Analysis
- 5.3. Global Linear LED Strip Fixture Market Estimates & Forecasts by Color Temperature 2020-2030 (USD Billion)
- 5.4. Linear LED Strip Fixture Market, Sub-Segment Analysis
- 5.4.1. Less than 3000 K
- 5.4.2. 3000-K- 4000 K
- 5.4.3. 4000 K- 5000 K
- 5.4.4. Above 5000 K
Chapter 6. Global Linear LED Strip Fixture Market, by Output Voltage
- 6.1. Market Snapshot
- 6.2. Global Linear LED Strip Fixture Market by Output Voltage, Performance - Potential Analysis
- 6.3. Global Linear LED Strip Fixture Market Estimates & Forecasts by Output Voltage 2020-2030 (USD Billion)
- 6.4. Linear LED Strip Fixture Market, Sub Segment Analysis
- 6.4.1. 5 V
- 6.4.2. 12 V
- 6.4.3. 24 V
Chapter 7. Global Linear LED Strip Fixture Market, by Fixture Wattage
- 7.1. Market Snapshot
- 7.2. Global Linear LED Strip Fixture Market by Fixture Wattage, Performance - Potential Analysis
- 7.3. Global Linear LED Strip Fixture Market Estimates & Forecasts by Fixture Wattage 2020-2030 (USD Billion)
- 7.4. Linear LED Strip Fixture Market, Sub Segment Analysis
- 7.4.1. Less than 15 W
- 7.4.2. 15 W to 50 W
- 7.4.3. Above 50 W
Chapter 8. Global Linear LED Strip Fixture Market, by Mounting Type
- 8.1. Market Snapshot
- 8.2. Global Linear LED Strip Fixture Market by Mounting Type, Performance - Potential Analysis
- 8.3. Global Linear LED Strip Fixture Market Estimates & Forecasts by Mounting Type 2020-2030 (USD Billion)
- 8.4. Linear LED Strip Fixture Market, Sub Segment Analysis
- 8.4.1. Suspended
- 8.4.2. Recessed
- 8.4.3. Surface
- 8.4.4. Pendant
Chapter 9. Global Linear LED Strip Fixture Market, by Application
- 9.1. Market Snapshot
- 9.2. Global Linear LED Strip Fixture Market by Application, Performance - Potential Analysis
- 9.3. Global Linear LED Strip Fixture Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
- 9.4. Linear LED Strip Fixture Market, Sub Segment Analysis
- 9.4.1. Retail
- 9.4.2. Hospitality
- 9.4.3. Architectural
- 9.4.4. Landscape and Graphic Arts
- 9.4.5. Educational Institutes
- 9.4.6. Commercial Office Spaces
- 9.4.7. Residential
- 9.4.8. Others
Chapter 10. Global Linear LED Strip Fixture Market, Regional Analysis
- 10.1. Top Leading Countries
- 10.2. Top Emerging Countries
- 10.3. Linear LED Strip Fixture Market, Regional Market Snapshot
- 10.4. North America Linear LED Strip Fixture Market
- 10.4.1. U.S. Linear LED Strip Fixture Market
- 10.4.1.1. Color Temperature breakdown estimates & forecasts, 2020-2030
- 10.4.1.2. Output Voltage breakdown estimates & forecasts, 2020-2030
- 10.4.1.3. Fixture Wattage breakdown estimates & forecasts, 2020-2030
- 10.4.1.4. Mounting Type breakdown estimates & forecasts, 2020-2030
- 10.4.1.5. Application breakdown estimates & forecasts, 2020-2030
- 10.4.2. Canada Linear LED Strip Fixture Market
- 10.5. Europe Linear LED Strip Fixture Market Snapshot
- 10.5.1. U.K. Linear LED Strip Fixture Market
- 10.5.2. Germany Linear LED Strip Fixture Market
- 10.5.3. France Linear LED Strip Fixture Market
- 10.5.4. Spain Linear LED Strip Fixture Market
- 10.5.5. Italy Linear LED Strip Fixture Market
- 10.5.6. Rest of Europe Linear LED Strip Fixture Market
- 10.6. Asia-Pacific Linear LED Strip Fixture Market Snapshot
- 10.6.1. China Linear LED Strip Fixture Market
- 10.6.2. India Linear LED Strip Fixture Market
- 10.6.3. Japan Linear LED Strip Fixture Market
- 10.6.4. Australia Linear LED Strip Fixture Market
- 10.6.5. South Korea Linear LED Strip Fixture Market
- 10.6.6. Rest of Asia Pacific Linear LED Strip Fixture Market
- 10.7. Latin America Linear LED Strip Fixture Market Snapshot
- 10.7.1. Brazil Linear LED Strip Fixture Market
- 10.7.2. Mexico Linear LED Strip Fixture Market
- 10.8. Middle East & Africa Linear LED Strip Fixture Market
- 10.8.1. Saudi Arabia Linear LED Strip Fixture Market
- 10.8.2. South Africa Linear LED Strip Fixture Market
- 10.8.3. Rest of Middle East & Africa Linear LED Strip Fixture Market
Chapter 11. Competitive Intelligence
- 11.1. Key Company SWOT Analysis
- 11.1.1. Company 1
- 11.1.2. Company 2
- 11.1.3. Company 3
- 11.2. Top Market Strategies
- 11.3. Company Profiles
- 11.3.1. Acclaim Lighting, LLC
- 11.3.1.1. Key Information
- 11.3.1.2. Overview
- 11.3.1.3. Financial (Subject to Data Availability)
- 11.3.1.4. Product Summary
- 11.3.1.5. Recent Developments
- 11.3.2. Acolyte LED
- 11.3.3. Acuity Brands Lighting, Inc.
- 11.3.4. American Lighting, Inc.
- 11.3.5. Cree Lighting Inc
- 11.3.6. Ecosense Sustainable Solutions Pvt Ltd
- 11.3.7. Elemental LED, Inc. (Diode LED)
- 11.3.8. Haichang Optotech Co., Ltd
- 11.3.9. Hubbell Inc.
- 11.3.10. Kelvix LLC
Chapter 12. Research Process
- 12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
- 12.2. Research Attributes
- 12.3. Research Assumption