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Linear Lighting Market Trends, Growth, Key Players, Share, Size, Forecast 2024-2032

07-25-2024 02:30 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Expert Market Research

Linear Lighting Market Trends, Growth, Key Players, Share,

According to the report by Expert Market Research (EMR), the global Linear Lighting Market Size reached a value of USD 24.95 billion in 2023. Aided by the advancements in LED technology, the market is projected to further grow at a CAGR of 11% between 2024 and 2032 to reach a value of USD 64.11 billion by 2032.

In the dynamic world of architectural and interior design, lighting plays a pivotal role in shaping environments, enhancing aesthetics, and influencing well-being. Among the diverse array of lighting solutions, linear lighting has emerged as a leading choice for designers and architects, owing to its versatility, efficiency, and sleek design. This form of lighting, characterised by its elongated, continuous light source, has seen a significant rise in popularity, mirroring the global trend towards minimalist and functional design elements.

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According to the linear lighting market analysis, the evolution of linear lighting has been significantly driven by advancements in LED technology. LEDs have transformed the lighting sector, offering longer lifespans, reduced energy consumption, and enhanced light quality compared to traditional lighting solutions. These advancements have allowed linear lighting systems to become more compact, flexible, and capable of producing a wide spectrum of light temperatures and colours, catering to a myriad of applications and design requirements.

Design innovation has also played a crucial role in the adoption of linear lighting. Manufacturers are now offering a range of profiles, diffusers, and mounting options, enabling seamless integration into architectural elements. From accentuating architectural features to providing task lighting in workspaces, linear lighting offers a solution that is both functional and aesthetically pleasing.

Sustainability is at the forefront of the linear lighting market growth. With increased awareness of environmental issues and the push for green building certifications, linear LED lighting solutions are highly sought after for their energy efficiency and low environmental impact. These systems not only reduce electricity consumption but also minimise light pollution and heat emission, contributing to more sustainable and comfortable living and working environments.

The linear lighting market expansion is being influenced by a shift towards customisation and smart lighting solutions. The integration of smart controls and IoT connectivity allows for dynamic light management, adapting to user preferences and activities. This not only enhances user experience but also contributes to further energy savings and operational efficiency.

Furthermore, the trend towards human-centric lighting, which aims to mimic natural light cycles to support human circadian rhythms, is influencing the development of linear lighting solutions and boosting the linear lighting market share. Such lighting systems are increasingly being implemented in offices, healthcare facilities, and residential settings to improve comfort, productivity, and well-being.

Linear lighting fixtures are being seamlessly integrated into architectural designs to enhance aesthetics and create visually striking spaces. This trend is particularly evident in retail, hospitality, and residential settings. The adoption of wireless connectivity technologies such as Bluetooth and Wi-Fi enables easier installation and control of linear lighting systems. As per the linear lighting market outlook, this facilitates hassle-free retrofitting and allows for greater flexibility in lighting control.

Li-Fi (Light Fidelity) technology is gaining attention as an alternative or complementary means of wireless communication. By modulating LED light waves, Li-Fi enables high-speed data transmission, which can be integrated into linear lighting fixtures to provide both illumination and data connectivity in smart buildings and cities. Some companies are implementing circular economy principles by offering take-back programs for old linear lighting fixtures, which are then refurbished, recycled, or repurposed. As per the linear lighting market analysis, this helps minimise waste and resource consumption while extending the lifespan of lighting products.

Market Segmentation

The market can be divided based on type, application, color temperature, end use, and region.

Market Breakup by Type

Suspended Linear Lighting
Recessed Linear Lighting
Surface Linear Lighting
Pendant Linear Lighting

Market Breakup by Application

Indoor
Outdoor

Market Breakup by Color Temperature

Less than 3000 K
3000 K to 4000 K
4000 K to 5000 K
Above 5000 K

Market Breakup by End Use

Commercial
Residential

Market Breakup by Region

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/linear-lighting-market

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global linear lighting market. Some of the major players explored in the report by Expert Market Research are as follows:

Eaton Corporation
Fagerhults Belysning AB
OSRAM GmbH
Acuity Brands, Inc.
IDEAL Industries Lighting, LLC (Cree Lighting)
Signify NV
Current Lighting Solutions, LLC
Linealight Srl
Acclaim Lighting, LLC
Ecosense Lighting, Inc.
Others

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Media Contact:

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Contact Person: Jane Watson, Corporate Sales Specialist - U.S.A.
Email: sales@expertmarketresearch.com
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Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com

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Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.

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