Linear Lighting Report: Trends, Forecast and Competitive Analysis to 2030

Linear Lighting Report: Trends, Forecast and Competitive Analysis to 2030

Linear Lighting Trends and Forecast

The future of the global linear lighting market looks promising with opportunities in the commercial, and residential markets. The global linear lighting market is expected to reach an estimated $47.2 billion by 2030 with a CAGR of 11.2% from 2024 to 2030. The major drivers for this market are increasing integration of lighting solution in horticulture and growing application of these lighting in residential sectors owing to its excellent performance, flexibility, and aesthetic appeal.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Linear Lighting by Segment

The study includes a forecast for the global linear lighting by lighting type, application, end use industry, and region

Linear Lighting Market by Lighting Type [Shipment Analysis by Value from 2018 to 2030]:

• Suspended Linear
• Recessed Linear
• Surface Linear

Linear Lighting Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Indoor
• Outdoor

Linear Lighting Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Commercial
• Residential

Linear Lighting Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Linear Lighting Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies linear lighting companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the linear lighting companies profiled in this report include-

• Linea Light
• Philips Lighting
• Fagerhult
• Cree Lighting
• Acuity Brands
• Maxlite
• Current Lighting Solutions
• Buljin Elmec
• Eaton Corporation

Linear Lighting Market Insights

Lucintel forecasts that recessed linear will remain the largest segment over the forecast period due to its increasing usage in both commercial and residential applications.

Within this market, commercial will remain the largest segment due to growing demand for linear lighting in office buildings, retail stores, and various other commercial spaces.

APAC is expected to witness highest growth over the forecast period due to rapid urbanization and increasing awareness towards the cost-effectiveness and eco-friendliness of linear LED lights in this region.

Features of the Global Linear Lighting Market

Market Size Estimates: Linear lighting market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Linear lighting market size by lighting type, application, end use industry, and region in terms of value ($B).

Regional Analysis: Linear lighting market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different lighting types, applications, end use industries, and regions for the linear lighting market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the linear lighting market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q.1 What is the linear lighting market size?

Answer: The global linear lighting market is expected to reach an estimated $47.2 billion by 2030.

Q.2 What is the growth forecast for linear lighting market?

Answer: The global linear lighting market is expected to grow with a CAGR of 11.2% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the linear lighting market?

Answer: The major drivers for this market are increasing integration of lighting solution in horticulture and growing application of these lighting in residential sectors owing to its excellent performance, flexibility, and aesthetic appeal.

Q4. What are the major segments for linear lighting market?

Answer: The future of the linear lighting market looks promising with opportunities in the commercial, and residential markets.

Q5. Who are the key linear lighting market companies?

Answer: Some of the key linear lighting companies are as follows:

• linea light
• Philips Lighting
• Fagerhult
• Cree Lighting
• Acuity Brands
• MaxLite
• Current Lighting Solutions
• Buljin ELMEC
• Eaton Corporation

Q6. Which linear lighting market segment will be the largest in future?

Answer: Lucintel forecasts that recessed linear will remain the largest segment over the forecast period due to its increasing usage in both commercial and residential applications.

Q7. In linear lighting market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to rapid urbanization and increasing awareness towards the cost-effectiveness and eco-friendliness of linear LED lights in this region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the linear lighting market by lighting type (suspended linear, recessed linear, and surface linear), application (indoor and outdoor), end use industry (commercial and residential), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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