Global LED Secondary Optic Sales Market-New Research Report Announced with business priorities in order to assist companies to realign their business strategies.
City of Industry, CA -- (SBWIRE) -- 06/22/2018 -- This report studies the global LED Secondary Optic market status and forecast, categorizes the global LED Secondary Optic market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
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.
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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.
The global LED Secondary Optic market is valued at 690 million US$ in 2017 and will reach 2990 million US$ by the end of 2025, growing at a CAGR of 20.2% during 2018-2025.
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The major players covered in this report
Aether systems Inc
B&M Optics Co., Ltd
ShenZhen Likeda Optical
Chun Kuang Optics
Wuxi Kinglux Glass Lens
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
LED Secondary Lens
PMMA LED Secondary Optic
PC LED Secondary Optic
Glass LED Secondary Optic
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including
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About QY Research
QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.