The linear lighting market size has grown rapidly in recent years. It will grow from $21.22 billion in 2023 to $23.56 billion in 2024 at a compound annual growth rate (CAGR) of 11.1%. The growth in the historic period can be attributed to increasing adoption in commercial spaces, growth of the energy efficiency regulations, declining LED prices, growing awareness of environmental impact, and advancements in smart lighting.
The linear lighting market size is expected to see rapid growth in the next few years. It will grow to $36.12 billion in 2028 at a compound annual growth rate (CAGR) of 11.3%. The anticipated growth during the forecast period can be attributed to the heightened adoption of connected lighting systems, expansion in the residential segment, increased demand for tunable white lighting, broader applications in horticulture, the emergence of sustainable lighting solutions, and a growing emphasis on health and well-being through lighting. Major trends expected in this period include integration with the Internet of Things (IoT), rising demand for smart homes, government incentives promoting energy efficiency, urbanization trends, advancements in wireless technology, and the increasing popularity of human-centric lighting.
The surge in the construction sector is anticipated to drive the advancement of the linear lighting market in the future. The construction industry encompasses a broad spectrum of activities involved in planning, designing, erecting, and maintaining buildings, infrastructure, and various physical structures. The growth in the construction sector can be ascribed to factors such as population expansion, urban development, infrastructure enhancement, and economic growth. Construction sites often necessitate adequate lighting for safety and security, particularly during nighttime operations or in poorly illuminated areas. Linear lighting solutions, such as temporary LED light towers or string lights, are commonly employed to illuminate construction sites, furnishing consistent and uniform illumination across the entire area. For instance, in June 2023, according to the quarterly construction inquiry published by the Northern Ireland Statistics and Research Agency, a Northern Ireland-based public authority, the overall construction industry expanded by 6.5% from the first quarter of 2022 to the first quarter of 2023, with the housing sector of construction witnessing an 11.1% increase and the infrastructure subsector growing by 3.7%. Hence, the growth in the construction industry is propelling the expansion of the linear lighting market.
Major players in the linear lighting market are directing their efforts towards technological enhancements, such as linkable LED systems, to improve flexibility and streamline installation processes across various lighting applications. Linkable LED technology involves lighting fixtures that can be interconnected in a series, facilitating seamless integration and convenient expansion of lighting setups. For instance, in July 2021, Haichang Optotech Co. Ltd, a China-based LED lighting manufacturer, introduced the Linkable LED Linear light AL7050 with 3 CCT changeable options suitable for shops, offices, and schools. This innovative lighting solution boasts features such as a linkable design, bright yet soft light emissions, and the capacity to create a daisy chain series by connecting multiple fixtures. With its linkable design and color-tuning capabilities, this product proves ideal for crafting adaptable, energy-efficient lighting solutions in commercial environments.
In February 2022, GE Current, a company based in the United States specializing in lighting and control solutions, acquired Hubbell Incorporated’s commercial and industrial (C&I) lighting business for an undisclosed sum. This acquisition unites two renowned companies with extensive histories of innovation, strengthening Current's dedication to lighting and control solutions. Hubbell Incorporated, also based in the US, is a provider of linear lighting and industrial lighting solutions.
Major companies operating in the linear lighting market are Eaton Corporation, Signify NV, Osram Licht AG, Acuity Brands Inc., Havells India Ltd., Zumtobel Group AG, AB Fagerhult, Ideal Industries Lighting LLC, Trilux GmbH & Co. KG, Cree Inc., Current Lighting Solutions LLC, Linea Light Group S.r.l., Ecosense Lighting Inc., MaxLite Inc., Lithonia Lighting, Tivoli LLC, Lumin Lighting, ShineLong Corporation Ltd., American Linear Lighting, Vode Lighting LLC, Acclaim Lighting LLC, Ricoman Lighting, KLM Lighting.
Asia-Pacific was the largest region in the linear lighting market in 2023. The regions covered in the linear lighting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the linear lighting market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Linear lighting refers to a lighting configuration and fixture layout in which light sources are positioned linearly, usually in straight lines or along elongated structures. Linear lighting systems commonly incorporate linear LED strips, fluorescent tubes, or other linear light sources installed in ceilings, walls, or architectural elements to deliver uniform illumination across a designated area or surface.
The primary categories of linear lighting include suspended linear lighting, recessed linear lighting, surface linear lighting, and others. Suspended linear lighting entails fixtures suspended from the ceiling, usually via rods or cables, offering both functional and aesthetic illumination. These lights encompass various options such as static white, red, green, blue, tunable white, and others, suitable for indoor and outdoor applications, catering to commercial and residential end users.
The linear lighting research report is one of a series of new reports that provides linear lighting market statistics, including the linear lighting industry's global market size, regional shares, competitors with a linear lighting market share, detailed linear lighting market segments, market trends and opportunities, and any further data you may need to thrive in the linear lighting industry. This linear lighting market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The linear lighting market consists of sales of fluorescent linear lighting, led linear lighting, and incandescent and halogen linear lighting. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The linear lighting market size is expected to see rapid growth in the next few years. It will grow to $36.12 billion in 2028 at a compound annual growth rate (CAGR) of 11.3%. The anticipated growth during the forecast period can be attributed to the heightened adoption of connected lighting systems, expansion in the residential segment, increased demand for tunable white lighting, broader applications in horticulture, the emergence of sustainable lighting solutions, and a growing emphasis on health and well-being through lighting. Major trends expected in this period include integration with the Internet of Things (IoT), rising demand for smart homes, government incentives promoting energy efficiency, urbanization trends, advancements in wireless technology, and the increasing popularity of human-centric lighting.
The surge in the construction sector is anticipated to drive the advancement of the linear lighting market in the future. The construction industry encompasses a broad spectrum of activities involved in planning, designing, erecting, and maintaining buildings, infrastructure, and various physical structures. The growth in the construction sector can be ascribed to factors such as population expansion, urban development, infrastructure enhancement, and economic growth. Construction sites often necessitate adequate lighting for safety and security, particularly during nighttime operations or in poorly illuminated areas. Linear lighting solutions, such as temporary LED light towers or string lights, are commonly employed to illuminate construction sites, furnishing consistent and uniform illumination across the entire area. For instance, in June 2023, according to the quarterly construction inquiry published by the Northern Ireland Statistics and Research Agency, a Northern Ireland-based public authority, the overall construction industry expanded by 6.5% from the first quarter of 2022 to the first quarter of 2023, with the housing sector of construction witnessing an 11.1% increase and the infrastructure subsector growing by 3.7%. Hence, the growth in the construction industry is propelling the expansion of the linear lighting market.
Major players in the linear lighting market are directing their efforts towards technological enhancements, such as linkable LED systems, to improve flexibility and streamline installation processes across various lighting applications. Linkable LED technology involves lighting fixtures that can be interconnected in a series, facilitating seamless integration and convenient expansion of lighting setups. For instance, in July 2021, Haichang Optotech Co. Ltd, a China-based LED lighting manufacturer, introduced the Linkable LED Linear light AL7050 with 3 CCT changeable options suitable for shops, offices, and schools. This innovative lighting solution boasts features such as a linkable design, bright yet soft light emissions, and the capacity to create a daisy chain series by connecting multiple fixtures. With its linkable design and color-tuning capabilities, this product proves ideal for crafting adaptable, energy-efficient lighting solutions in commercial environments.
In February 2022, GE Current, a company based in the United States specializing in lighting and control solutions, acquired Hubbell Incorporated’s commercial and industrial (C&I) lighting business for an undisclosed sum. This acquisition unites two renowned companies with extensive histories of innovation, strengthening Current's dedication to lighting and control solutions. Hubbell Incorporated, also based in the US, is a provider of linear lighting and industrial lighting solutions.
Major companies operating in the linear lighting market are Eaton Corporation, Signify NV, Osram Licht AG, Acuity Brands Inc., Havells India Ltd., Zumtobel Group AG, AB Fagerhult, Ideal Industries Lighting LLC, Trilux GmbH & Co. KG, Cree Inc., Current Lighting Solutions LLC, Linea Light Group S.r.l., Ecosense Lighting Inc., MaxLite Inc., Lithonia Lighting, Tivoli LLC, Lumin Lighting, ShineLong Corporation Ltd., American Linear Lighting, Vode Lighting LLC, Acclaim Lighting LLC, Ricoman Lighting, KLM Lighting.
Asia-Pacific was the largest region in the linear lighting market in 2023. The regions covered in the linear lighting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the linear lighting market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Linear lighting refers to a lighting configuration and fixture layout in which light sources are positioned linearly, usually in straight lines or along elongated structures. Linear lighting systems commonly incorporate linear LED strips, fluorescent tubes, or other linear light sources installed in ceilings, walls, or architectural elements to deliver uniform illumination across a designated area or surface.
The primary categories of linear lighting include suspended linear lighting, recessed linear lighting, surface linear lighting, and others. Suspended linear lighting entails fixtures suspended from the ceiling, usually via rods or cables, offering both functional and aesthetic illumination. These lights encompass various options such as static white, red, green, blue, tunable white, and others, suitable for indoor and outdoor applications, catering to commercial and residential end users.
The linear lighting research report is one of a series of new reports that provides linear lighting market statistics, including the linear lighting industry's global market size, regional shares, competitors with a linear lighting market share, detailed linear lighting market segments, market trends and opportunities, and any further data you may need to thrive in the linear lighting industry. This linear lighting market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The linear lighting market consists of sales of fluorescent linear lighting, led linear lighting, and incandescent and halogen linear lighting. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Linear Lighting Market Characteristics3. Linear Lighting Market Trends And Strategies32. Global Linear Lighting Market Competitive Benchmarking33. Global Linear Lighting Market Competitive Dashboard34. Key Mergers And Acquisitions In The Linear Lighting Market
4. Linear Lighting Market - Macro Economic Scenario
5. Global Linear Lighting Market Size and Growth
6. Linear Lighting Market Segmentation
7. Linear Lighting Market Regional And Country Analysis
8. Asia-Pacific Linear Lighting Market
9. China Linear Lighting Market
10. India Linear Lighting Market
11. Japan Linear Lighting Market
12. Australia Linear Lighting Market
13. Indonesia Linear Lighting Market
14. South Korea Linear Lighting Market
15. Western Europe Linear Lighting Market
16. UK Linear Lighting Market
17. Germany Linear Lighting Market
18. France Linear Lighting Market
19. Italy Linear Lighting Market
20. Spain Linear Lighting Market
21. Eastern Europe Linear Lighting Market
22. Russia Linear Lighting Market
23. North America Linear Lighting Market
24. USA Linear Lighting Market
25. Canada Linear Lighting Market
26. South America Linear Lighting Market
27. Brazil Linear Lighting Market
28. Middle East Linear Lighting Market
29. Africa Linear Lighting Market
30. Linear Lighting Market Competitive Landscape And Company Profiles
31. Linear Lighting Market Other Major And Innovative Companies
35. Linear Lighting Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Linear Lighting Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on linear lighting market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
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- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for linear lighting ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The linear lighting market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Lighting Type: Suspended Linear Lighting; Recessed Linear Lighting; Surface Linear Lighting; Other Lighting Types2) By Type: Static White; Red, Green, And Blue (RGB); Red, Green, And Blue, White (RGBW); Tunable White; Other Types
3) By Application: Indoor; Outdoor
4) By End-Use: Commercial; Residential
Key Companies Mentioned: Eaton Corporation; Signify NV; Osram Licht AG; Acuity Brands Inc.; Havells India Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Eaton Corporation
- Signify NV
- Osram Licht AG
- Acuity Brands Inc.
- Havells India Ltd.
- Zumtobel Group AG
- AB Fagerhult
- Ideal Industries Lighting LLC
- Trilux GmbH & Co. KG
- Cree Inc.
- Current Lighting Solutions LLC
- Linea Light Group S.r.l.
- Ecosense Lighting Inc.
- MaxLite Inc.
- Lithonia Lighting
- Tivoli LLC
- Lumin Lighting
- ShineLong Corporation Ltd.
- American Linear Lighting
- Vode Lighting LLC
- Acclaim Lighting LLC
- Ricoman Lighting
- KLM Lighting