Global LED Secondary Optics Market Growth 2024-2030
LED secondary optics refer to the components used to control and manipulate the light emitted by an LED (light-emitting diode) source. While LEDs themselves produce directional light, secondary optics help shape and direct the light output to achieve specific lighting effects or optimize its distribution.
The global LED Secondary Optics market size is projected to grow from US$ 1134 million in 2024 to US$ 2501 million in 2030; it is expected to grow at a CAGR of 14.1% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “LED Secondary Optics Industry Forecast” looks at past sales and reviews total world LED Secondary Optics sales in 2023, providing a comprehensive analysis by region and market sector of projected LED Secondary Optics sales for 2024 through 2030. With LED Secondary Optics sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world LED Secondary Optics industry.
This Insight Report provides a comprehensive analysis of the global LED Secondary Optics landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on LED Secondary Optics portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global LED Secondary Optics market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LED Secondary Optics and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global LED Secondary Optics.
Global LED Secondary Optic key players include Ledlink Optics, LEDIL Oy, Auer Lighting, Bicom Optics, GAGGIONE(Lednlight), etc. Global top five manufacturers hold a share about 20%. China is the largest market, with a share about 35%, followed by China Taiwan, with a share about 20 percent. In terms of product, LED Secondary Lens is the largest segment, with a share about 85%. And in terms of application, the largest application is Commercial Lighting, followed by Street Lighting, Residential Lighting, Landscape Lighting and Automotive Lighting.
This report presents a comprehensive overview, market shares, and growth opportunities of LED Secondary Optics market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
LED Secondary Lens
Reflector
Others
Segmentation by Application:
Street Lighting
Commercial Lighting
Landscape Lighting
Residential Lighting
Automotive Lighting
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Ledlink Optics
Carclo Optics
Auer Lighting
LEDiL
Fraen Corporation
Gaggione (Lednlight)
Bicom Optics
Darkoo Optics
Aether systems Inc
B&M Optics Co., Ltd
ShenZhen Likeda Optical
HENGLI Optical
Brightlx Optics
Kunrui Optical
FORTECH
Chun Kuang Optics
Wuxi Kinglux Glass Lens
Xiangchi Optoelectronics
Rasunled
Xiangshun Optoelectronics
YISITE
Hongleida
Yejia Optical Technology
SuZhou Carican Glass
Chengdu Pulse Optics-tech
HercuLux Optics
Optosource Photoelectricity Technology
Key Questions Addressed in this Report
What is the 10-year outlook for the global LED Secondary Optics market?
What factors are driving LED Secondary Optics market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do LED Secondary Optics market opportunities vary by end market size?
How does LED Secondary Optics break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.