November 01, 2023 10:18 ET | Source: Polaris Market Research & Consulting LLP Polaris Market Research & Consulting LLP
New York, NY, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Polaris Market Research has published a recent study report titled "Linear LED Strip Fixture Market Share, Size, Trends, Industry Analysis Report, By Color Temperature, By Output Voltage (5V, 12V, 24V), By Fixture Wattage, By Application, By Region, And Segment Forecasts, 2023 - 2032" in its research database. motion sensor outside light
According to [115+ Pages] report, the global linear LED strip fixture market size & share is currently valued at USD 2.08 Billion in 2022 and is anticipated to generate an estimated revenue of USD 6.56 Billion By 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 12.2% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2023-2032.
What Exactly is Linear LED Strip Fixture? How Big is Linear LED Strip Fixture Market Size & Share?
A linear LED strip fixture is a kind of lighting fixture that accommodates a row of LED (Light Emitting Diode) light sources placed in a linear composition. These fixtures are created to offer energy-efficient and bright illumination for various indoor and outdoor applications. There are three main kinds of linear lighting fixtures: recessed, surface-mounted, and suspended. Each has individual characteristics, and users must understand what their differences are before installation.
Also, since its inception, linear lighting has advanced significantly, and LED technology has been instrumental in this progress. The growing need for high-performance fuels innovation in the sector, visually beautiful linear lighting. As a result, the linear led strip fixture market size is expanding.
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Essential Takeaways from the Report
Leading Players Appeared in the Report
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Important Growth Aspects of the Market
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Market’s Latest Key Trends
When it comes to energy efficiency, LED technology is noticeably superior to conventional lighting sources like fluorescent tubes or incandescent bulbs. For a variety of interior lighting applications, LED linear fixtures with a color temperature range of 3000 K to 4000 K offer a well-balanced mix of warm and cold lighting.
Moreover, the category with less than 300K people is likely to increase at the quickest rate. These low-color temperature lighting fixtures give off a calming, gentle light that makes a room feel cozy and welcoming. They are frequently chosen for household spaces where a comfortable and laid-back ambiance is sought, like dining rooms, living rooms, and bedrooms.
They are well known for being much more energy-efficient than traditional fluorescent or incandescent lighting choices. This feature is very helpful for long-running commercial office buildings since linear LED strip lighting may save a lot of energy and lower electricity bills. By distributing even and steady lighting throughout the office, these fixtures successfully reduce glare and foster a comfortable working atmosphere.
Furthermore, with a sizable linear LED strip fixture market share, the residential sector led the market. Modern household rooms look great with LED linear lighting's sleek and stylish style. The linear form factor gives living areas a hint of refinement and simplicity. Because of their extreme adaptability, LED linear lights can be used in a variety of home environments. They are frequently found in living rooms, dining rooms, corridors, and home offices.
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Linear LED Strip Fixture Market: Report Scope
Asia Pacific: The region is growing more quickly due to its rapid urbanization and infrastructure development, which is demonstrated by the creation of retail establishments, office buildings, and residential complexes. Many countries in the region have enacted energy efficiency laws and government programs in order to promote sustainable lighting solutions.
Europe: Due to the large part of EU legislation and initiatives such as the Energy Performance of Buildings Directive and the Eco-design Directive, LED linear fixtures, which are renowned for their energy efficiency, have become increasingly popular in Europe. The rising adoption of energy-efficient lighting solutions in Europe can be attributed to these actions.
Browse the Detail Report “Linear LED Strip Fixture Market Share, Size, Trends, Industry Analysis Report, By Color Temperature, By Output Voltage (5V, 12V, 24V), By Fixture Wattage, By Application, By Region, And Segment Forecasts, 2023 - 2032” with in-depth TOC:
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Market’s Common Questions Answered in the Report
Polaris Market Research has segmented the linear LED strip fixture market report based on color temperature, output voltage, wattage, mounting type, application, and region:
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