Global Linear LED Strip Fixture Market Size, Share & Industry Trends Analysis Report By Application, By Color Temperature, By Output Voltage, By Mounting Type, By Fixture Wattage, By Regional Outlook and Forecast, 2023 - 2030

Global Linear LED Strip Fixture Market Size, Share & Industry Trends Analysis Report By Application, By Color Temperature, By Output Voltage, By Mounting Type, By Fixture Wattage, By Regional Outlook and Forecast, 2023 - 2030

The Global Linear LED Strip Fixture Market size is expected to reach $5.2 billion by 2030, rising at a market growth of 12.3% CAGR during the forecast period. In the year 2022, the market attained a volume of 52,078.0 thousand units, experiencing a growth of 6.9% (2019-2022).

With the highest growth in the last ten years, the energy consumption for buildings increased by almost 4% from 2020 to 135 EJ. Commercial office buildings usually run for long stretches of time. Thus, the commercial office spaces segment would generate approximately 1/5th share of the market by 2030. The energy savings provided by linear LED strip lighting can greatly reduce the price of electricity bills. They give the office constant, even lighting, removing glare and promoting a pleasant working atmosphere. Employee productivity will increase as a result of decreased eye strain. Additionally, the development of commercial sector is encouraging to grow due to economic expansion. As a result, there is an increasing use of energy and lighting. Some of the factors impacting the market are greater adaptability and usability of linear LED lights, increasing use of lighting in controlling circadian rhythms and Low adoption and high upfront costs.

Since many different color temperature possibilities are available with LED linear lights, they are quite adaptable to an assortment of settings. A light source's color temperature, which may vary from warmer yellow to cool blue, white, is the hue of the light it emits. The atmosphere and mood of a location can be greatly influenced by the color temperature. For instance, to produce a warm and welcoming ambiance, warm white light (2700K–3000K) is frequently utilized in domestic situations. Additionally, the circadian rhythm functions as the internal clock of the body. The rhythmic pattern of the human body is intended to control eating and sleeping activities as well as how aware people are throughout the day. The amount, timing, length, and wavelength of light can affect a person's biological clock, according to studies on the circadian rhythm. In other words, prolonged exposure to bright artificial lighting can potentially interfere with our circadian rhythm. Therefore, due to the adaptability of linear LED lights for various situations and places and use of lighting in controlling circadian rhythms, the market has grown tremendously in popularity.

However, significant changes have occurred in the construction industry over the past several years. Worldwide, the construction industry has expanded significantly due to accelerated infrastructure development. Expanding construction operations is made possible by urbanization, industrialization, technological developments in technology and equipment, and economic growth. Additionally, economic expansion encourages the development of corporate, residential, commercial, and industrial real estate in many places. Consequently, this has resulted in an increasing use of energy and lighting. Hence, with the greater adoption of LED lights owing to these factors, the market will experience significant growth in the coming years.

Application Outlook

On the basis of application, the market is fragmented into retail, hospitality, architectural, landscape, & graphic arts, educational institutes, commercial office spaces, residential, and others. The residential segment recorded the largest revenue share in the market in 2022. LED linear lighting's sleek, modern style enhances contemporary household interiors. Home spaces have a clean, uncomplicated appearance with a touch of refinement because of the linear form factor. LED linear lighting can be used in a number of home settings since they are flexible.

Color Temperature Outlook

Based on color temperature, the market is characterized into less than 3000 K, 3000 K – 4000 K, 4000 K – 5000 K, and above 5000 K. The less than 3000 K segment procured a considerable growth rate in the market in 2022. Low-color temperature LED linear lights emit a gentle, soothing light that creates an ambiance that is pleasant and welcoming. These fixtures are usually selected for residential spaces like bedrooms, living rooms, and dining rooms, where individuals seek a comfortable and relaxed ambiance.

Output Voltage Outlook

On the basis of output voltage, the market is classified into 5 V, 12 V, and 24 V. The 24 V segment acquired the largest revenue share in the market in 2022. The advantage of 24V LED linear fixtures over their counterparts is that they can support longer continuous runs. Longer deployments without observable light output changes are made possible by a higher voltage, which lowers the voltage drop along the strip. As a result, 24V LED linear fixtures are ideal for large projects that demand reliable lighting across considerable distances.

Mounting Type Outlook

Based on mounting type, the market is segmented into suspended, recessed, surface, and pendant. The surface segment acquired a substantial revenue share in the market in 2022. Installation is very simple for surface-mounted LED linear fixtures. They can be installed straight onto walls, ceilings, or other surfaces without any cutting or structural alterations. They are suitable for both new construction projects and retrofit installations. Surface-mounted LED linear fixtures are flexible in their placement and provide a wide range of lighting design options.

Fixture Wattage Outlook

By fixture wattage, the market is divided into less than 15 W, 15 W to 50 W, above 50 W. The 15 W to 50 W segment witnessed the maximum revenue share in the market in 2022. The brightness and light output of LED linear lighting fixtures in the 15W to 50W power range are higher than those of lower-wattage alternatives. As a result, they are suitable for lighting applications that call for more intense illumination, such as those for large commercial events, architectural lighting, or outdoor signage where visibility is crucial.

Regional Outlook

Region wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Europe segment acquired a significant revenue share in the market in 2022. The development of energy-saving initiatives and ecologically friendly practices began in Europe. Due to EU initiatives and laws like the Energy Performance of Buildings Directive and Eco-design Directive, energy-efficient lighting choices like LED linear fixtures have gained in popularity. These elements aid in the expansion of the market in Europe.

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Acclaim Lighting, LLC, GENLED Brands, Acuity Brands, Inc., American Lighting, Inc, Cree Lighting (Ideal Industries, Inc.), Elemental LED, Inc., Haichang Optotech Co., Limited, Hubbell Incorporated, Insight Lighting and Ecosense Lighting, Inc. (Korrus).

Strategies Deployed in Linear LED Strip Fixture Market

July-2023: Lucetta, a brand of Elemental LED formed a partnership with Legrand’s lighting control brand, Vantage. The partnership would enable the company to deliver its clients comprehensive lighting systems which are interoperable between different lighting solutions.

Jan-2023: Acuity Brands Lighting, Inc., a subsidiary of Acuity Brands, Inc, entered into an agreement with Biological Innovations and Optimization Systems, LLC, an innovator in the biological application of LED lighting for people and plants. The company would join the BIOS ILLUMINATED™ partnership program. The partnership would enable the company to sell its certain human-centric LED lighting components using the BIOS® trademark for marketing and promoting these lighting fixtures that include BIOS SkyBlue technology.

Aug-2022: Elemental LED Inc expanded its geographical footprint in Reno by doubling its manufacturing space in the Nevada factory, to meet the increasing demand of its product.

Aug-2022: Acclaim Lighting formed a partnership with Lumentender Control Solutions Inc., an America-based company that offers entertainment lighting control solutions. With this partnership, the company would integrate its Lighting products with the Lumentender service which enables the company to schedule and control high-performance lighting systems with the help of any web-connected device with ease and accuracy.

Jan-2022: Acuity Brands, Inc. joined hands with Microsoft, an American multinational technology corporation, to bring and enhance its smart lighting, lighting controls, and building automation solutions. By gathering information and analyzing data via Azure Digital Twins and analysis of this data via Azure's AI capabilities, both companies would work together to bring the Acuity Brands portfolio of applications to Azure.

July-2021: Haichan unveiled AL7050, a Linkable LED Linear light with 3 CCT changeable for shops, offices and schools. The new products are featured with linkable designs with bright and soft light beams. The color of the light can be changed freely with remote control, DALI & 1-10V dimming, Tuya WIFI, and Emergency function optional. The light emits 9000 lumens of cool white, natural white, or warm white illumination.

Apr-2020: Cree Lighting joined hands with Lutron Electronics, a company engaged in delivering energy-saving dimmers and lighting control solutions. This collaboration would aim to launch a variety of new connected lighting products to the market which includes Cree Lighting indoor and outdoor fixtures delivered with Lutron wired and wireless digital fixture control technologies.

Dec-2019: Acclaim Lighting, LLC revealed Flex 120, a low profile, exterior-rated linear LED strip. The new product is available in multiple colours which offers maximum run distances. Flex 120 is ideal for a broad variety of millwork, cove, and many other exterior and interior applications due to its high efficacy and low profile.

Jan-2019: Elemental LED entered into a partnership with 2M Lighting Inc., a commercial lighting representative firm. With this partnership, the company aimed to strengthen Diode LED brand in central and southern Texas.

Jan-2019: Ecosense took over Lumium Lighting, a privately owned, CA-based lighting company that specializes in the design and development of architectural linear lighting. Through this acquisition, the company would add Lumium’s specifier-grade product portfolio which complements the brand of the company and allow the company to expand its presence in the architectural linear market.

Scope of the Study

Market Segments covered in the Report:

By Application (Volume, Thousand Units, USD Million, 2019-2030)

• Residential
• Hospitality
• Commercial office Spaces
• Retail
• Architectural, Landscape & Graphic Arts
• Educational Institutes
• Others

By Color Temperature (Volume, Thousand Units, USD Million, 2019-2030)

• 3,000-K- 4,000 K
• Less than 3,000 K
• Above 4,000 K- 5,000 K
• Above 5,000 K

By Output Voltage (Volume, Thousand Units, USD Million, 2019-2030)

• 24 V
• 12 V
• 5 V

By Mounting Type (Volume, Thousand Units, USD Million, 2019-2030)

• Recessed
• Suspended
• Surface
• Pendant

By Fixture Wattage (Volume, Thousand Units, USD Million, 2019-2030)

• 15 W to 50 W
• Above 50 W
• Less than 15 W

By Geography (Volume, Thousand Units, USD Million, 2019-2030)

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific
• LAMEA
• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Companies Profiled

• Acclaim Lighting, LLC
• GENLED Brands
• Acuity Brands, Inc.
• American Lighting, Inc
• Cree Lighting (Ideal Industries, Inc.)
• Elemental LED, Inc.
• Haichang Optotech Co., Limited
• Hubbell Incorporated
• Insight Lighting
• Ecosense Lighting, Inc. (Korrus)

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