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Global Linear LED Strip Fixture Market to reach USD 5.27 billion by the end of 2030.

Global Linear LED Strip Fixture Market Size study & Forecast, by Color Temperature (Less than 3000 K, 3000-K- 4000 K, 4000 K- 5000 K, Above 5000 K) by Output Voltage (5 V, 12 V, 24 V), by Fixture Wattage (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) and Regional Analysis, 2023-2030

Product Code: EESC-18720350
Publish Date: 20-10-2023
Page: 200

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:
Ø 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.
Ø 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:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Color Temperature, Output Voltage, Fixture Wattage, Mounting Type, Application, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü 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:
5 V
12 V
24 V
By Fixture Voltage:
Less than 15 W
15 W to 50 W
Above 50 W
By Mounting Type:
By Application:
Landscape and Graphic Arts
Educational Institutes
Commercial office Spaces
By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

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 Rising development of smart homes Rising demand and adoption of energy-efficient lighting solutions.
3.1.2. Market Challenges High installation complexity
3.1.3. Market Opportunities Increase in new construction activities 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 Color Temperature breakdown estimates & forecasts, 2020-2030 Output Voltage breakdown estimates & forecasts, 2020-2030 Fixture Wattage breakdown estimates & forecasts, 2020-2030 Mounting Type breakdown estimates & forecasts, 2020-2030 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 Key Information Overview Financial (Subject to Data Availability) Product Summary 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

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
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Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
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Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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