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Line Voltage and Low Voltage (12v & 24v) Lighting Market : Revenue Share, Insights & Future Outlook | Valuates Reports
What Is Driving the Growth of the Line Voltage and Low Voltage (12v & 24v) Lighting Market?The global market for Line Voltage and Low Voltage (12v & 24v) Lighting was valued at US$ [insert value] million in 2024 and is projected to reach a revised size of US$ [insert value] million by 2031, growing at a CAGR of [insert %] during the forecast period.
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What Are the Differences Between Line Voltage and Low Voltage Lighting?
Line voltage lighting runs directly on the home's line voltage of 120 volts without a transformer. Low voltage lighting uses a transformer to reduce 120 volts down to 12 volts, allowing smaller light bulbs and more compact fixtures.
The advantages of line voltage lighting include lower fixture cost due to no transformer, while low voltage lighting enables more flexible and compact designs.
How Is the Line Voltage and Low Voltage Lighting Market Segmented?
The market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2024 as the base year, with historical and forecast data from 2020 to 2031. This report segments the global market comprehensively into:
By Type:
• Line Voltage Lighting
• Low Voltage (12v/24v) Lighting
By Application:
• Recessed Lighting
• Track Lighting
• Pendant Lighting
• Landscape Lighting
• Display Lighting
By Region:
• North America (United States, Canada)
• Europe (Germany, France, UK, Italy, Russia)
• Asia-Pacific (China, Japan, South Korea, Taiwan)
• Southeast Asia (India)
• Latin America (Mexico, Brazil)
Which Companies Are Leading the Line Voltage and Low Voltage Lighting Market?
The major players in the Line Voltage and Low Voltage Lighting market include:
• Pinch: Specializes in innovative lighting solutions for modern interiors.
• Calligaris: Offers designer lighting with emphasis on aesthetics and functionality.
• Delightfull: Produces handcrafted, premium decorative lighting fixtures.
• Bert Frank: Focused on luxury lighting with classic and contemporary designs.
• Art and Floritude: Provides artistic and decorative lighting options.
• IQlight: Develops intelligent and energy-efficient lighting systems.
• David Hunt: Specializes in high-quality designer lighting for residential and commercial spaces.
• Le Deun Luminaires: Offers architectural lighting with bespoke designs.
• PSLAB: Focused on precision lighting for commercial applications.
• Andromeda Murano: Provides artisanal glass lighting fixtures.
• Philips: Global leader in general and smart lighting solutions.
• Kim Lighting: Offers innovative lighting products for various applications.
• CREE: Specializes in LED technology and energy-efficient lighting solutions.
• Baja Designs: Focused on high-performance lighting for automotive and outdoor use.
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