Market Overview:
The global LED linear trunking system market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy-efficient lighting solutions and rising awareness about the benefits of LED linear trunking systems over traditional lighting solutions. The global LED linear trunking system market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into narrow distribution, wide distribution, flat distribution, asymmetric distribution, and others. On the basis of application, the market is segmented into commercial applications such as offices and retail stores; industrial applications such as factories and warehouses; and other applications including transportation hubs (airports/railways) and hospitals/healthcare facilities.
Product Definition:
An LED Linear Trunking System is a lighting system that uses light-emitting diodes (LEDs) to provide illumination. The system includes a number of linear LED fixtures that are mounted on a track or rail. The fixtures can be moved along the track to provide light where needed. This type of lighting system is often used in commercial applications, such as in stores and restaurants, where there is a need for flexible illumination.
Narrow Distribution:
Narrow distribution is a term used to define the portion of light output from an LED that travels in a specific direction. The narrow distribution can be achieved by using multiple LEDs in series or by using optical fiber cable for transporting the light along with LEDs. In case of broad distribution, all the lights are fired at same time and produce uniform brightness.
Wide Distribution:
Wide distribution is a network that provides more than 8 channels and can cover an area of up to 1,000 square kilometers. It is used in LED linear trunking system for providing long-range communication. The wide distribution systems are widely used by the military forces for communication purposes as it can provide effective communications over large distances with high security.
The growing demand for secure.
Application Insights:
The commercial application segment led the market and accounted for more than 60.0% share of the global revenue in 2017. The growth can be attributed to increasing demand from end-use industries such as healthcare, retail, telecom and IT, BFSI, hospitality and entertainment among others. Furthermore, growing penetration of LED lighting products in commercial applications including offices is expected to drive the product demand over the forecast period.
The industrial application segment is expected to witness significant growth over the forecast period owing to rising adoption across various industries such as oil & gas; manufacturing; utilities; construction; transportation & logistics among others which require a high degree of automation leading to increased use of LEDs for their illumination purposes. Moreover, with improved energy efficiency along with better aesthetics compared to traditional lighting solutions such as HID lamps or fluorescent tubes that are used in industrial applications will further boost industry expansion over next few years.
Regional Analysis:
The North American region led the global market in 2017 and is anticipated to maintain its dominance over the forecast period. The growth can be attributed to increasing adoption of LEDLT systems across industries, such as transportation & logistics, government & defense, utilities & infrastructure. Moreover, presence of key industry players with extensive product portfolios and high investment in R&D will help this regional segment retain its lead position throughout the forecast years.
The Asia Pacific regional market is projected to witness significant growth over the next eight years owing to rising demand for efficient lighting solutions from various end-use sectors including transportation & logistics (T&L), industrial facilities/warehouses, retail stores/shops and commercial buildings/offices among others. Rapidly expanding manufacturing sector along with growing investments in construction activities are also expected drive industry expansion across this region at a rapid pace during the estimated time span.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Rising awareness about the benefits of LED linear trunking system
- Growing number of construction projects and renovation activities
- Proliferation of smart cities and LED lighting initiatives worldwide
- Technological advancements in LED linear trunking system
Scope Of The Report
Report Attributes
Report Details
Report Title
LED Linear Trunking System Market Research Report
By Type
Narrow Distribution, Wide Distribution, Flat Distribution, Asymmetric Distribution, Others
By Application
Commercial, Industrial, Warehouse, Others
By Companies
Signify Holding B.V., Havells Sylvania (Shanghai Feilo Acoustics), Siteco Beleuchtungstechnik GmbH(Stern Steward Capital), Zumtobel Group, TRILUX Group Management GmbH, Aura Light International, Luxon LED, Thorlux Lighting (F.W. Thorpe Plc Group), GE Lighting, Ledvance, Nordeon Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global LED Linear Trunking System Market Report Segments:
The global LED Linear Trunking System market is segmented on the basis of:
Types
Narrow Distribution, Wide Distribution, Flat Distribution, Asymmetric Distribution, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Industrial, Warehouse, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Signify Holding B.V.
- Havells Sylvania (Shanghai Feilo Acoustics)
- Siteco Beleuchtungstechnik GmbH(Stern Steward Capital)
- Zumtobel Group
- TRILUX Group Management GmbH
- Aura Light International
- Luxon LED
- Thorlux Lighting (F.W. Thorpe Plc Group)
- GE Lighting
- Ledvance
- Nordeon Group
Highlights of The LED Linear Trunking System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Narrow Distribution
- Wide Distribution
- Flat Distribution
- Asymmetric Distribution
- Others
- By Application:
- Commercial
- Industrial
- Warehouse
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the LED Linear Trunking System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
LED linear trunking system is a type of LED lighting that uses a series of LEDs to create an illuminated path along which the light travels. This type of lighting is often used in areas where visibility is important, such as walkways and railings.
Some of the major players in the led linear trunking system market are Signify Holding B.V., Havells Sylvania (Shanghai Feilo Acoustics), Siteco Beleuchtungstechnik GmbH(Stern Steward Capital), Zumtobel Group, TRILUX Group Management GmbH, Aura Light International, Luxon LED, Thorlux Lighting (F.W. Thorpe Plc Group), GE Lighting, Ledvance, Nordeon Group.
The led linear trunking system market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 LED Linear Trunking System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 LED Linear Trunking System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 LED Linear Trunking System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the LED Linear Trunking System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global LED Linear Trunking System Market Size & Forecast, 2018-2028
4.5.1 LED Linear Trunking System Market Size and Y-o-Y Growth
4.5.2 LED Linear Trunking System Market Absolute $ Opportunity
Chapter 5 Global LED Linear Trunking System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 LED Linear Trunking System Market Size Forecast by Type
5.2.1 Narrow Distribution
5.2.2 Wide Distribution
5.2.3 Flat Distribution
5.2.4 Asymmetric Distribution
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global LED Linear Trunking System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 LED Linear Trunking System Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Industrial
6.2.3 Warehouse
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global LED Linear Trunking System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 LED Linear Trunking System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America LED Linear Trunking System Analysis and Forecast
9.1 Introduction
9.2 North America LED Linear Trunking System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America LED Linear Trunking System Market Size Forecast by Type
9.6.1 Narrow Distribution
9.6.2 Wide Distribution
9.6.3 Flat Distribution
9.6.4 Asymmetric Distribution
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America LED Linear Trunking System Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Industrial
9.10.3 Warehouse
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe LED Linear Trunking System Analysis and Forecast
10.1 Introduction
10.2 Europe LED Linear Trunking System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe LED Linear Trunking System Market Size Forecast by Type
10.6.1 Narrow Distribution
10.6.2 Wide Distribution
10.6.3 Flat Distribution
10.6.4 Asymmetric Distribution
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe LED Linear Trunking System Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Industrial
10.10.3 Warehouse
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific LED Linear Trunking System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific LED Linear Trunking System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific LED Linear Trunking System Market Size Forecast by Type
11.6.1 Narrow Distribution
11.6.2 Wide Distribution
11.6.3 Flat Distribution
11.6.4 Asymmetric Distribution
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific LED Linear Trunking System Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Industrial
11.10.3 Warehouse
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America LED Linear Trunking System Analysis and Forecast
12.1 Introduction
12.2 Latin America LED Linear Trunking System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America LED Linear Trunking System Market Size Forecast by Type
12.6.1 Narrow Distribution
12.6.2 Wide Distribution
12.6.3 Flat Distribution
12.6.4 Asymmetric Distribution
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America LED Linear Trunking System Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Industrial
12.10.3 Warehouse
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) LED Linear Trunking System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) LED Linear Trunking System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) LED Linear Trunking System Market Size Forecast by Type
13.6.1 Narrow Distribution
13.6.2 Wide Distribution
13.6.3 Flat Distribution
13.6.4 Asymmetric Distribution
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) LED Linear Trunking System Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Industrial
13.10.3 Warehouse
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 LED Linear Trunking System Market: Competitive Dashboard
14.2 Global LED Linear Trunking System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Signify Holding B.V.
14.3.2 Havells Sylvania (Shanghai Feilo Acoustics)
14.3.3 Siteco Beleuchtungstechnik GmbH(Stern Steward Capital)
14.3.4 Zumtobel Group
14.3.5 TRILUX Group Management GmbH
14.3.6 Aura Light International
14.3.7 Luxon LED
14.3.8 Thorlux Lighting (F.W. Thorpe Plc Group)
14.3.9 GE Lighting
14.3.10 Ledvance
14.3.11 Nordeon Group
