Linear LED Strip Fixture Market Share, Size, Trends, Industry Analysis Report, By Color Temperature, By Output Voltage (5V, 12V, 24V), By Fixture Wattage, By Application, By Region, And Segment Forecasts, 2023 - 2032

Linear LED Strip Fixture Market Share, Size, Trends, Industry Analysis Report, By Color Temperature, By Output Voltage (5V, 12V, 24V), By Fixture Wattage, By Application, By Region, And Segment Forecasts, 2023 - 2032

The global linear LED strip fixture market size is expected to reach USD 6.56 billion by 2032, according to a new study by Polaris Market Research. The report “Linear LED Strip Fixture Market Share, Size, Trends, Industry Analysis Report, By Color Temperature, By Output Voltage (5V, 12V, 24V), By Fixture Wattage, By Application, By Region, And Segment Forecasts, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Linear LED strips have gained immense popularity as a preferred lighting solution due to their numerous benefits, such as extended lifespan, reduced energy consumption, & minimal maintenance requirements. In-style LED offers LED tape with an impressive lifespan of 50,000 hours. This lifespan surpasses that of traditional incandescent bulbs, which typically last around 2,000 hours, and CFLs, which have an average lifespan of 15,000 hours. LED technologies not only provide long-lasting performance but also offer environmental advantages, including energy efficiency and lower carbon emissions, contributing to a more sustainable lighting solution.

Consumers seeking to enhance the aesthetic appeal of their homes are increasingly adopting premium decorative lights. Incorporating linear LED strips in areas such as the kitchen, wardrobe, and stairway allows interior designers to create a more atmospheric and visually pleasing environment. These LED strips can be customized to create the desired impression and ambiance as per the homeowners' preferences. For instance, renowned brand John Cullen's linear LED strips are perfect for highlighting decorative items, books, and workstations while also providing captivating levels of illumination throughout a space.

The global economic landscape has witnessed periods of instability, such as the European debt crisis and the world financial crisis, which have had repercussions on various industries. The market for products utilizing linear LED strips has not been immune to these economic downturns, particularly in industrialized regions like Europe, where shaky economic conditions have impacted overall output and demand.

Additionally, the imposition of tariffs by the U.S. government on goods from over 1300 Chinese exporters, including various LED lighting items, is expected to have a negative impact on the market for products made with linear LED strips. The inclusion of LED lighting items on the tariff list raises concerns about the potential adverse effects on the market's performance.

Linear LED Strip Fixture Market Report Highlights

3000-4000K held the largest share, owing to the growing need for neutral lights that closely resemble the white light

The residential segment held the majority share, mostly due to escalated demand from tier 2 & 3 cities in emerging nations

Europe region expected to grow at the fastest rate due to strict policy norms, rules & regulations

The global key market players include Acclaim Lighting, Acolyte LED, Acuity Brands Lighting, American Lighting, and Cree Lighting

Polaris Market Research has segmented the linear LED strip fixture market report based on color temperature, output voltage, wattage, mounting type, application, and region:

Linear LED strip fixture, Color Temperature Outlook (Revenue - USD Billion, 2023 - 2032)

Less than 3000 K

3000-K- 4000 K

4000 K- 5000 K

Above 5000 K

Linear LED strip fixture, Output Voltage Outlook (Revenue - USD Billion, 2023 - 2032)

5 V

12 V

24 V

Linear LED strip fixture, Wattage Outlook (Revenue - USD Billion, 2023 - 2032)

Less than 15 W

15 W to 50 W

Above 50 W

Linear LED strip fixture, Mounting Type Outlook (Revenue - USD Billion, 2023 - 2032)

Suspended

Recessed

Surface

Pendant

Linear LED strip fixture, Application Outlook (Revenue - USD Billion, 2023 - 2032)

Retail

Hospitality

Architectural, Landscape and Graphic Arts

Educational Institutes

Commercial Office Spaces

Residential

Others

Linear LED strip fixture, Regional Outlook (Revenue - USD Billion, 2023 - 2032)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa