Market Overview:
The global LED linear tube market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy-efficient lighting solutions and the growing awareness about the benefits of LED linear tubes over traditional lighting solutions. The global LED linear tube market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into T5, T8, and others. The T8 segment is expected to hold a major share in terms of revenue in 2018 owing to its high adoption rate across commercial and residential applications. On t hebasis o fregion ,t hemarketisp redictedt obegrowataC AG Rof10 .
Product Definition:
LED Linear Tube is a type of LED lighting that uses linear arrays of LEDs to produce light. They are often used in places where traditional fluorescent tubes would be used, such as in office spaces or schools.
T5:
T5, also known as high-intensity discharge (HID) light or phosphor light is a type of fluorescent lighting. It produces an artificial sunlight by using gas mixtures containing the element phosphorous. T5 lights are used in applications such as retail stores, offices, educational institutes and other commercial spaces to illuminate signs and advertisements.
The global LED linear tube market size was valued at USD 434 million in 2018.
T8:
T8 is a type of LED linear tube. It has an area of 14mm x 14mm and a length of 50 mm. The construction T8 consists of eight layers, each with an individual job to do. First layer (top) contains four light-emitting diodes (LEDs). Second layer from the top has three LEDs while the third one has two LEDs and so on until sixth layer which has one LED at the end.
Application Insights:
The commercial use segment led the global LED linear tube market and accounted for more than 60.0% share of the overall revenue in 2017. The growth can be attributed to increasing demand from various end-use industries such as data centers, IT offices, corporate offices, retail stores and hospitals. Furthermore, growing investments by local governments in new commercial construction projects are expected to boost product demand over the forecast period.
Residential use of LED products is projected to witness significant growth over the forecast period owing to increasing adoption of energy efficient lighting solutions by consumers across regions including North America and Europe. In addition, favorable government initiatives promoting green building construction are likely to propel industry expansion at a CAGR exceeding 10% from 2018 to 2030 on account of increased penetration rate LEDs in residential applications globally.
Regional Analysis:
The North American regional market accounted for the largest share in 2017. The growth is attributed to the increasing adoption of LED lighting in commercial and residential applications across U.S. and Canada, which has resulted in high demand for global LED linear tube from these countries over the past few years. Furthermore, growing awareness regarding energy conservation and emission reduction along with strict government regulations are expected to drive industry expansion over next eight years as well.
Asia Pacific region is anticipated to witness significant growth during the forecast period owing to rising construction activities primarily in developing economies such as China, India, Japan among others due to which there has been a rise in demand for various light sources including LEDs that will further boost industry expansion over next eight years or so.
Growth Factors:
- Increasing demand from the commercial sector for energy-efficient lighting solutions is expected to drive the LED linear tube market growth.
- Growing awareness about the benefits of LED linear tubes over traditional fluorescent light bulbs is anticipated to fuel market growth.
- The increasing installation of LED linear tubes in office buildings, hospitals, and other commercial establishments is projected to boost demand for these products in the coming years.
- Rising government initiatives towards energy conservation are likely to create new opportunities for the LED linear tube market players in the near future. 5) Technological advancements that lead to enhanced performance and efficiency of LED linear tubes are expected to propel their adoption across various applications, thereby propelling market growth over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
LED Linear Tube Market Research Report
By Type
T5, T8, Others
By Application
Commerical Use, Residential Use
By Companies
Philips Lighting, Lendvance, GE Lighting, Panasonic, Opple, Toshiba, NVC (ETI), Sharp, Cree, Yankon Lighting, Shanghai Feilo Acoustics, FSL, PAK, MLS, Dongguan Kingsun Optoelectronic
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global LED Linear Tube Market Report Segments:
The global LED Linear Tube market is segmented on the basis of:
Types
T5, T8, 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
Commerical Use, Residential Use
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:
- Philips Lighting
- Lendvance
- GE Lighting
- Panasonic
- Opple
- Toshiba
- NVC (ETI)
- Sharp
- Cree
- Yankon Lighting
- Shanghai Feilo Acoustics
- FSL
- PAK
- MLS
- Dongguan Kingsun Optoelectronic
Highlights of The LED Linear Tube 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:
- T5
- T8
- Others
- By Application:
- Commerical Use
- Residential Use
- 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 Tube 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 Tube is a type of LED light that uses a linear light source. This type of LED light is often used in signs, displays, and other applications where a bright and consistent output is needed.
Some of the major players in the led linear tube market are Philips Lighting, Lendvance, GE Lighting, Panasonic, Opple, Toshiba, NVC (ETI), Sharp, Cree, Yankon Lighting, Shanghai Feilo Acoustics, FSL, PAK, MLS, Dongguan Kingsun Optoelectronic.
The led linear tube market is expected to grow at a compound annual growth rate of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. LED Linear Tube Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. LED Linear Tube Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. LED Linear Tube Market - Supply Chain
4.5. Global LED Linear Tube Market Forecast
4.5.1. LED Linear Tube Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. LED Linear Tube Market Size (000 Units) and Y-o-Y Growth
4.5.3. LED Linear Tube Market Absolute $ Opportunity
5. Global LED Linear Tube Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. LED Linear Tube Market Size and Volume Forecast by Type
5.3.1. T5
5.3.2. T8
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global LED Linear Tube Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. LED Linear Tube Market Size and Volume Forecast by Application
6.3.1. Commerical Use
6.3.2. Residential Use
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global LED Linear Tube Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. LED Linear Tube Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global LED Linear Tube Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. LED Linear Tube Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global LED Linear Tube Demand Share Forecast, 2019-2026
9. North America LED Linear Tube Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America LED Linear Tube Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America LED Linear Tube Market Size and Volume Forecast by Application
9.4.1. Commerical Use
9.4.2. Residential Use
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America LED Linear Tube Market Size and Volume Forecast by Type
9.7.1. T5
9.7.2. T8
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America LED Linear Tube Demand Share Forecast, 2019-2026
10. Latin America LED Linear Tube Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America LED Linear Tube Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America LED Linear Tube Market Size and Volume Forecast by Application
10.4.1. Commerical Use
10.4.2. Residential Use
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America LED Linear Tube Market Size and Volume Forecast by Type
10.7.1. T5
10.7.2. T8
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America LED Linear Tube Demand Share Forecast, 2019-2026
11. Europe LED Linear Tube Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe LED Linear Tube Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe LED Linear Tube Market Size and Volume Forecast by Application
11.4.1. Commerical Use
11.4.2. Residential Use
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe LED Linear Tube Market Size and Volume Forecast by Type
11.7.1. T5
11.7.2. T8
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe LED Linear Tube Demand Share, 2019-2026
12. Asia Pacific LED Linear Tube Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific LED Linear Tube Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific LED Linear Tube Market Size and Volume Forecast by Application
12.4.1. Commerical Use
12.4.2. Residential Use
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific LED Linear Tube Market Size and Volume Forecast by Type
12.7.1. T5
12.7.2. T8
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific LED Linear Tube Demand Share, 2019-2026
13. Middle East & Africa LED Linear Tube Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa LED Linear Tube Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa LED Linear Tube Market Size and Volume Forecast by Application
13.4.1. Commerical Use
13.4.2. Residential Use
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa LED Linear Tube Market Size and Volume Forecast by Type
13.7.1. T5
13.7.2. T8
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa LED Linear Tube Demand Share, 2019-2026
14. Competition Landscape
14.1. Global LED Linear Tube Market: Market Share Analysis
14.2. LED Linear Tube Distributors and Customers
14.3. LED Linear Tube Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Philips Lighting
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Lendvance
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. GE Lighting
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Panasonic
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Opple
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Toshiba
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. NVC (ETI)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sharp
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Cree
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Yankon Lighting
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Shanghai Feilo Acoustics
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. FSL
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. PAK
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. MLS
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Dongguan Kingsun Optoelectronic
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
