Market Research Reports, Inc.

Global LED Secondary Optic Is Expected to Grow at a CAGR of Roughly 23.0% and Reach USD 2370 Million in 2024; New Report Launched

 

Lewes, DE -- (SBWIRE) -- 04/23/2019 -- 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).

Scope of the Report:
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.

The worldwide market for LED Secondary Optic is expected to grow at a CAGR of roughly 23.0% over the next five years, will reach 2370 million US$ in 2024, from 690 million US$ in 2019, according to a new study.

This report focuses on the LED Secondary Optic in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Market Segment by Manufacturers, this report covers
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

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Reflector
LED Secondary Lens
Others

Market Segment by Applications, can be divided into
Street Lighting
Commercial Lighting
Architectural Lighting
Indoor Lighting
Automotive Lighting
Others

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe LED Secondary Optic product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of LED Secondary Optic, with price, sales, revenue and global market share of LED Secondary Optic in 2017 and 2018.
Chapter 3, the LED Secondary Optic competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the LED Secondary Optic breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, LED Secondary Optic market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe LED Secondary Optic sales channel, distributors, customers, research findings and conclusion, appendix and data source.

Spanning over 139 pages "Global LED Secondary Optic Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024" report covers Market Overview, Manufacturers Profiles, Global LED Secondary Optic Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018), Global LED Secondary Optic Market Analysis by Regions, North America LED Secondary Optic by Country, Europe LED Secondary Optic by Country, Asia-Pacific LED Secondary Optic by Country, South America LED Secondary Optic by Country, Middle East and Africa LED Secondary Optic by Countries, Global LED Secondary Optic Market Segment by Type, Global LED Secondary Optic Market Segment by Application, LED Secondary Optic Market Forecast (2019-2024), Sales Channel, Distributors, Traders and Dealers, Research Findings and Conclusion, Appendix. This report Covered Companies few are - 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.

Please visit this link for more details: https://www.marketresearchreports.com/gir/global-led-secondary-optic-market-2019-manufacturers-regions-type-and-application-forecast-2024

Find all Computing and Electronics Reports at: https://www.marketresearchreports.com/computing-electronics

For related reports please visit: https://www.marketresearchreports.com/search/site/LED%2520Secondary%2520Optic

Read our Interactive Market Research Blog

About MarketResearchReports.com
MarketResearchReports.com is world's largest store offering quality market research, SWOT analysis, competitive intelligence and industry reports. We help Fortune 500 to Start-Ups with the latest market research reports on global & regional markets which comprise key industries, leading market players, new products and latest industry analysis & trends.

Contact us for your market research requirements: https://www.marketresearchreports.com/contact