Abstract, Snapshot, Market Analysis & Market Definition: LED Secondary Optic Market
Secondary optics are those optics which exist outside of the LED package, such as reflector, TIR lenses, Fresnel lenses, and pillow lenses. Secondary optics are used to create the desired appearance and beam pattern of the LED signal lamp. LEDs generally emit light at a 120-degree viewing angle. LED applications that require more focused light often use a secondary optic that is placed over the LED, which internally reflects light into a spot, medium spot, wide spot or elliptical spot pattern. Secondary optics are used to modify the output beam of the LED such that the output beam of the finished signal lamp will efficiently meet the desired photometric specification. In addition, secondary optics serve an aesthetic purpose by determining the lit and unlit appearance of the signal lamp. The primary optic is included in the LED package, and the secondary optics are part of the finished signal lamp. There are two primary categories of secondary optics used, those that spread the incoming light (diverging optics), and those that gather the incoming light into a collimated beam (collimating optics). The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins.
In 2019, the market size of LED Secondary Optic is 824.5 million US$ and it will reach 2985.6 million US$ in 2025, growing at a CAGR of 20.2% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for LED Secondary Optic. This report studies the global market size of LED Secondary Optic, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the LED Secondary Optic production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
Market Segmentation, Outlook & Regional Insights: LED Secondary Optic Market
Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Reflector
LED Secondary Lens
Others
Segmentation by Application: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Street Lighting
Commercial Lighting
Architectural Lighting
Indoor Lighting
Automotive Lighting
Others
Key Players, Recent Developments & Sector Viewpoints: LED Secondary Optic Market
Ledlink Optics
Carclo Optics
Auer Lighting
LEDIL Oy
FRAEN Corporation
GAGGIONE (Lednlight)
Bicom Optics
Darkoo Optics
Aether systems Inc
B&M Optics
ShenZhen Likeda Optical
HENGLI Optical
Brightlx Limited
Kunrui optical
FORTECH
Chun Kuang Optics
Wuxi Kinglux Glass Lens
Key Insights Covered: Exhaustive LED Secondary Optic Market
1. Market size (sales, revenue and growth rate) of LED Secondary Optic industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of LED Secondary Optic industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of LED Secondary Optic industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of LED Secondary Optic industry.
Research Methodology: LED Secondary Optic Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.