Global LED Secondary Optic Market Growth 2019-2024
Table of Contents
2019-2024 Global LED Secondary Optic Consumption Market Report
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global LED Secondary Optic Consumption 2014-2024
- 2.1.2 LED Secondary Optic Consumption CAGR by Region
- 2.2 LED Secondary Optic Segment by Type
- 2.2.1 Reflector
- 2.2.2 LED Secondary Lens
- 2.2.3 Others
- 2.3 LED Secondary Optic Consumption by Type
- 2.3.1 Global LED Secondary Optic Consumption Market Share by Type (2014-2019)
- 2.3.2 Global LED Secondary Optic Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global LED Secondary Optic Sale Price by Type (2014-2019)
- 2.4 LED Secondary Optic Segment by Application
- 2.4.1 Street Lighting
- 2.4.2 Commercial Lighting
- 2.4.3 Architectural Lighting
- 2.4.4 Indoor Lighting
- 2.4.5 Automotive Lighting
- 2.4.6 Others
- 2.5 LED Secondary Optic Consumption by Application
- 2.5.1 Global LED Secondary Optic Consumption Market Share by Application (2014-2019)
- 2.5.2 Global LED Secondary Optic Value and Market Share by Application (2014-2019)
- 2.5.3 Global LED Secondary Optic Sale Price by Application (2014-2019)
3 Global LED Secondary Optic by Players
- 3.1 Global LED Secondary Optic Sales Market Share by Players
- 3.1.1 Global LED Secondary Optic Sales by Players (2017-2019)
- 3.1.2 Global LED Secondary Optic Sales Market Share by Players (2017-2019)
- 3.2 Global LED Secondary Optic Revenue Market Share by Players
- 3.2.1 Global LED Secondary Optic Revenue by Players (2017-2019)
- 3.2.2 Global LED Secondary Optic Revenue Market Share by Players (2017-2019)
- 3.3 Global LED Secondary Optic Sale Price by Players
- 3.4 Global LED Secondary Optic Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global LED Secondary Optic Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players LED Secondary Optic Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 LED Secondary Optic by Regions
- 4.1 LED Secondary Optic by Regions
- 4.1.1 Global LED Secondary Optic Consumption by Regions
- 4.1.2 Global LED Secondary Optic Value by Regions
- 4.2 Americas LED Secondary Optic Consumption Growth
- 4.3 APAC LED Secondary Optic Consumption Growth
- 4.4 Europe LED Secondary Optic Consumption Growth
- 4.5 Middle East & Africa LED Secondary Optic Consumption Growth
5 Americas
- 5.1 Americas LED Secondary Optic Consumption by Countries
- 5.1.1 Americas LED Secondary Optic Consumption by Countries (2014-2019)
- 5.1.2 Americas LED Secondary Optic Value by Countries (2014-2019)
- 5.2 Americas LED Secondary Optic Consumption by Type
- 5.3 Americas LED Secondary Optic Consumption by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC LED Secondary Optic Consumption by Countries
- 6.1.1 APAC LED Secondary Optic Consumption by Countries (2014-2019)
- 6.1.2 APAC LED Secondary Optic Value by Countries (2014-2019)
- 6.2 APAC LED Secondary Optic Consumption by Type
- 6.3 APAC LED Secondary Optic Consumption by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe LED Secondary Optic by Countries
- 7.1.1 Europe LED Secondary Optic Consumption by Countries (2014-2019)
- 7.1.2 Europe LED Secondary Optic Value by Countries (2014-2019)
- 7.2 Europe LED Secondary Optic Consumption by Type
- 7.3 Europe LED Secondary Optic Consumption by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa LED Secondary Optic by Countries
- 8.1.1 Middle East & Africa LED Secondary Optic Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa LED Secondary Optic Value by Countries (2014-2019)
- 8.2 Middle East & Africa LED Secondary Optic Consumption by Type
- 8.3 Middle East & Africa LED Secondary Optic Consumption by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Marketing, Distributors and Customer
- 10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
- 10.2 LED Secondary Optic Distributors
- 10.3 LED Secondary Optic Customer
11 Global LED Secondary Optic Market Forecast
- 11.1 Global LED Secondary Optic Consumption Forecast (2019-2024)
- 11.2 Global LED Secondary Optic Forecast by Regions
- 11.2.1 Global LED Secondary Optic Forecast by Regions (2019-2024)
- 11.2.2 Global LED Secondary Optic Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
- 11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
- 11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
- 11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
- 11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
- 11.7 Global LED Secondary Optic Forecast by Type
- 11.8 Global LED Secondary Optic Forecast by Application
12 Key Players Analysis
- 12.1 Ledlink Optics
- 12.1.1 Company Details
- 12.1.2 LED Secondary Optic Product Offered
- 12.1.3 Ledlink Optics LED Secondary Optic Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 Ledlink Optics News
- 12.2 Carclo Optics
- 12.2.1 Company Details
- 12.2.2 LED Secondary Optic Product Offered
- 12.2.3 Carclo Optics LED Secondary Optic Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 Carclo Optics News
- 12.3 Auer Lighting
- 12.3.1 Company Details
- 12.3.2 LED Secondary Optic Product Offered
- 12.3.3 Auer Lighting LED Secondary Optic Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 Auer Lighting News
- 12.4 LEDIL Oy
- 12.4.1 Company Details
- 12.4.2 LED Secondary Optic Product Offered
- 12.4.3 LEDIL Oy LED Secondary Optic Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 LEDIL Oy News
- 12.5 FRAEN Corporation
- 12.5.1 Company Details
- 12.5.2 LED Secondary Optic Product Offered
- 12.5.3 FRAEN Corporation LED Secondary Optic Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 FRAEN Corporation News
- 12.6 GAGGIONE (Lednlight)
- 12.6.1 Company Details
- 12.6.2 LED Secondary Optic Product Offered
- 12.6.3 GAGGIONE (Lednlight) LED Secondary Optic Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 GAGGIONE (Lednlight) News
- 12.7 Bicom Optics
- 12.7.1 Company Details
- 12.7.2 LED Secondary Optic Product Offered
- 12.7.3 Bicom Optics LED Secondary Optic Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 Bicom Optics News
- 12.8 Darkoo Optics
- 12.8.1 Company Details
- 12.8.2 LED Secondary Optic Product Offered
- 12.8.3 Darkoo Optics LED Secondary Optic Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.8.4 Main Business Overview
- 12.8.5 Darkoo Optics News
- 12.9 Aether systems Inc
- 12.9.1 Company Details
- 12.9.2 LED Secondary Optic Product Offered
- 12.9.3 Aether systems Inc LED Secondary Optic Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.9.4 Main Business Overview
- 12.9.5 Aether systems Inc News
- 12.10 B&M Optics
- 12.10.1 Company Details
- 12.10.2 LED Secondary Optic Product Offered
- 12.10.3 B&M Optics LED Secondary Optic Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.10.4 Main Business Overview
- 12.10.5 B&M Optics News
- 12.11 ShenZhen Likeda Optical
- 12.12 HENGLI Optical
- 12.13 Brightlx Limited
- 12.14 Kunrui optical
- 12.15 FORTECH
- 12.16 Chun Kuang Optics
- 12.17 Wuxi Kinglux Glass Lens
13 Research Findings and Conclusion
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.
Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.
Price in US and EU is much higher than that of China and other developing countries due to their high quality and powerful functionalities. Developing countries such as China and India is more likely to attract more investment opportunity for their potential demand.
According to this study, over the next five years the LED Secondary Optic market will register a 23.0% CAGR in terms of revenue, the global market size will reach US$ 2370 million by 2024, from US$ 690 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in LED Secondary Optic business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of LED Secondary Optic market by product type, application, key manufacturers and key regions and countries.
This study considers the LED Secondary Optic value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Reflector
LED Secondary Lens
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Street Lighting
Commercial Lighting
Architectural Lighting
Indoor Lighting
Automotive Lighting
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global LED Secondary Optic consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of LED Secondary Optic market by identifying its various subsegments.
Focuses on the key global LED Secondary Optic manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the LED Secondary Optic with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of LED Secondary Optic submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.