Global Linear Lighting Market Report and Forecast 2024-2032

Global Linear Lighting Market Outlook

The global linear lighting market size reached approximately USD 24.95 billion in 2023. The market is further projected to grow at a CAGR of 11% between 2024 and 2032, reaching a value of USD 64.11 billion by 2032.

Key Trends in the Market

Linear lighting refers to LED luminaires that are shaped linearly and distribute light over a narrow area as compared to other square and round shaped lights. They are long and are easily available as recessed lights, suspended lights, or surface-mounted luminaires. They are far more technologically advanced than traditional lighting and offer multiple benefits.

• The increased requirement by the commercial sector is boosting the linear lighting market growth. The customisable and flexible nature of linear lighting allows architects to create unique lighting solutions to meet the specific requirement of the industries and commercial settings. Additionally, linear lighting aids businesses in reducing costs by eliminating the need of frequent replacement and regular maintenance and are more energy efficient as opposed to other traditional lighting systems.

• As per the linear lighting market overview, the increasing popularity of vertical farming owing to reduced threat of diseases and pests is supporting the market expansion in various regions across the globe as linear lighting ensures uniform distribution of irradiance.

• The increasing accessibility of decorative linear lighting and chandeliers is providing lucrative growth opportunities to the market. Various businesses and commercial stores are investing in decorative lightings that complement their artistic vision and enhance the aesthetics of their stores. Additionally, the integration of linear lighting with smart solutions allows retailers to offer cool and warm lightings, depending upon the requirements, enhancing the customer shopping experience.

Global Linear Lighting Market Analysis

On the basis of type, the market is divided into suspended linear lighting, recessed linear lighting, surface linear lighting, and pendant linear lighting. Based on application, the market is bifurcated into indoor and outdoor.

On the basis of temperature, the market is classified into less than 3000 K, 3000 K to 4000 K, 4000 K to 5000 K, and above 5000 K. Based on end use, the market is categorised into commercial and residential.

On the basis of region, the linear lighting market segmentation includes North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

• 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

Market Share by Application

Indoor applications are expected to account for a significant linear lighting market share in the coming years owing to their increased adoption by both commercial and residential sectors due to their high performing and versatile nature. These lights eliminate the requirement for reflectors and diffusers, increasing their efficiency. The availability of linear lighting in different colour temperatures and their integration with smart lighting solutions allows users the flexibility to change the coolness or warmness of the light as per the requirement of the space.

Market Share by Region

The rising requirement from the Asia Pacific is anticipated to bolster the linear lighting market demand. This increased demand can be attributed to the expansion of the construction sector in the Asia Pacific and growing awareness about the cost-efficient and eco-friendly nature of the lights among the regional population. The rising investments by various governments towards the development of smart cities and increasing population are further supporting the market expansion. The rising requirement for energy efficient lighting solutions due to increasing environmental concerns is influencing the linear lighting market price.

Competitive Landscape

Eaton Corporation, headquartered in Dublin, Ireland, is one of the leading power management companies that is dedicated towards protecting the environment and improving the quality of life of individuals across the globe. The company specialises in linear lighting and industrial clutches and brakes, among others.

Fagerhults Belysning AB, headquartered in Fagerhult, Sweden, is involved in the marketing and manufacturing of linear lighting systems. The company retails lighting solutions to communication areas, stadiums, offices, factories, and schools, among others. Fagerhults is dedicated towards providing premium lighting solutions across different sectors.

OSRAM GmbH, headquartered in Bavaria, Germany, is a leading electrical, electronics, and appliance manufacturing company that provides light-emitting diodes, linear lighting solutions, light management systems, and luminaires, among others to their customers around the globe.

Other linear lighting market key players include Acuity Brands, Inc., IDEAL Industries Lighting, LLC (Cree Lighting), Signify NV, Current Lighting Solutions, LLC, Linealight Srl, Acclaim Lighting, LLC, and Ecosense Lighting, Inc., among others.

Key Highlights of the Report