LED Secondary Optic Market growing at a CAGR of 19.3% | Strategic Analysis and Future Scenarios – 2028
Research Reports
Feb 03, 2022
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).
This report contains market size and forecasts of LED Secondary Optic in global, including the following market information:
Global LED Secondary Optic Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global LED Secondary Optic Market Sales, 2017-2022, 2023-2028, (KK Pcs)
Global top five LED Secondary Optic companies in 2021 (%)
The global LED Secondary Optic market was valued at 1626.8 million in 2021 and is projected to reach US$ 5605.4 million by 2028, at a CAGR of 19.3% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Reflector Segment to Reach $ Million by 2028, with a % CAGR in next six years.
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The global key manufacturers of LED Secondary Optic include Ledlink Optics, Carclo Optics, Auer Lighting, LEDIL Oy, FRAEN Corporation, GAGGIONE (Lednlight), Bicom Optics, Darkoo Optics and Aether systems Inc, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
Fusion Market Research (FMR) has surveyed the LED Secondary Optic manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies LED Secondary Optic revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies LED Secondary Optic revenues share in global market, 2021 (%)
Key companies LED Secondary Optic sales in global market, 2017-2022 (Estimated), (KK Pcs)
Key companies LED Secondary Optic sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
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
Total Market by Segment:
Global LED Secondary Optic Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (KK Pcs)
Global LED Secondary Optic Market Segment Percentages, by Type, 2021 (%)
Reflector
LED Secondary Lens
Others
Global LED Secondary Optic Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (KK Pcs)
Global LED Secondary Optic Market Segment Percentages, by Application, 2021 (%)
Street Lighting
Commercial Lighting
Architectural Lighting
Indoor Lighting
Automotive Lighting
Others
Global LED Secondary Optic Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (KK Pcs)
Global LED Secondary Optic Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
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What our report offers:
– Market share assessments for the regional and country level segments
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
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o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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