Market Overview:
The global LED lighting optics market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient lighting solutions, rising awareness about the benefits of LED lights, and growing demand for smart and connected lighting systems. The LED lens segment is expected to hold the largest share of the global LED lighting optics market in 2018. This segment is projected to grow at a CAGR of 11% during the forecast period. The growth in this segment can be attributed to factors such as increasing demand for high-quality lenses that offer better performance and efficiency, and rising adoption of lens arrays in commercial applications. In terms of application, the residential sector is expected to hold the largest share of the global LED lighting optics market in 2018.
Product Definition:
LED Lighting Optics is the term used to describe the design and function of the optical components in an LED lighting system. These components include lenses, reflectors, and diffusers that control how light is emitted from the LEDs. The optics can be used to create a variety of lighting effects, such as uniform illumination or directional light. They can also be used to improve the efficiency and lifetime of LED lights.
LED Lenses:
LED lenses are used in LED lighting optics to improve the light distribution and focus the light on a particular area. They can be used as individual components or in combination with other components such as reflectors, diffusers, reflector/lens assemblies and illuminators. The product is made up of two glass elements cemented together along with a thin layer of plastic between them to form an airtight seal. The layers are then filled with LED chips for effective lighting.
LED Lens Array:
LED lens array is a type of light engineered diode that emits light by electricity. It has several advantages over conventional lighting sources such as incandescent, halogen and fluorescent bulbs. LED lens arrays are used in various applications such as downlights, troffers, beacons and decorative lighting among others. The growing demand for energy-efficient solutions across the globe is expected to drive market growth during the forecast period.
Application Insights:
The commercial lighting segment led the global LED lighting optics market in 2017 and is projected to expand at a CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing adoption of LEDs as an alternative for high-intensity discharge (HID) lamps in various applications such as retail, hospitality, entertainment, stadiums and others.
The residential sector is expected to witness significant growth owing to rising demand for energy-efficient products with aesthetic appeal. Moreover, growing urbanization along with changing lifestyles has created a huge potential demand for smart homes that offer advanced features such as remote control operation of household appliances through IoT systems enabled by the internet of things (IoT). This factor will drive the product demand in this segment over the forecast period.
Regional Analysis:
The Asia Pacific regional market accounted for the largest share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to rising product demand from countries, such as China, Japan, South Korea, and India. Rapid industrialization coupled with increasing adoption of LED lighting in commercial sectors is also anticipated to drive the APAC regional market at a significant pace.
Europe led by Germany and U.K., accounted for more than 25% of global LED optics revenue share in 2017 owing to high adoption of innovative technologies across various applications including residential lighting as well as commercial sector lightings especially in developed economies such as Germany and U.K.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Growing awareness about the benefits of LED lighting
- Technological advancements in LED optics technology
- Rising demand from emerging markets
- Growing adoption of LED lighting in commercial and industrial applications
Scope Of The Report
Report Attributes
Report Details
Report Title
LED Lighting Optics Market Research Report
By Type
LED Lenses, LED Lens Array, LED Collimator Lens, LED Light Guides, LED Reflectors, Others
By Application
Residential Lighting, Commercial Lighting, Industrial Lighting
By Companies
Dialight, Ledil, Carclo Optics, Khatod Optoelectronic Srl, Gaggione, Auer Lighting GmbH, Fraen, Polymer Optics, DBM Optix, Link Optics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
199
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global LED Lighting Optics Market Report Segments:
The global LED Lighting Optics market is segmented on the basis of:
Types
LED Lenses, LED Lens Array, LED Collimator Lens, LED Light Guides, LED Reflectors, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential Lighting, Commercial Lighting, Industrial Lighting
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dialight
- Ledil
- Carclo Optics
- Khatod Optoelectronic Srl
- Gaggione
- Auer Lighting GmbH
- Fraen
- Polymer Optics
- DBM Optix
- Link Optics
Highlights of The LED Lighting Optics Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- LED Lenses
- LED Lens Array
- LED Collimator Lens
- LED Light Guides
- LED Reflectors
- Others
- By Application:
- Residential Lighting
- Commercial Lighting
- Industrial Lighting
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the LED Lighting Optics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
LED lighting optics is the science of designing and using optical components to create light from LEDs. LED lighting optics can include lenses, reflectors, and other optical elements to direct light in a specific direction or shape.
Some of the major players in the led lighting optics market are Dialight, Ledil, Carclo Optics, Khatod Optoelectronic Srl, Gaggione, Auer Lighting GmbH, Fraen, Polymer Optics, DBM Optix, Link Optics.
The led lighting optics market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 LED Lighting Optics Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 LED Lighting Optics Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 LED Lighting Optics Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the LED Lighting Optics Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global LED Lighting Optics Market Size & Forecast, 2018-2028
4.5.1 LED Lighting Optics Market Size and Y-o-Y Growth
4.5.2 LED Lighting Optics Market Absolute $ Opportunity
Chapter 5 Global LED Lighting Optics Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 LED Lighting Optics Market Size Forecast by Type
5.2.1 LED Lenses
5.2.2 LED Lens Array
5.2.3 LED Collimator Lens
5.2.4 LED Light Guides
5.2.5 LED Reflectors
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global LED Lighting Optics Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 LED Lighting Optics Market Size Forecast by Applications
6.2.1 Residential Lighting
6.2.2 Commercial Lighting
6.2.3 Industrial Lighting
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global LED Lighting Optics Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 LED Lighting Optics Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America LED Lighting Optics Analysis and Forecast
9.1 Introduction
9.2 North America LED Lighting Optics Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America LED Lighting Optics Market Size Forecast by Type
9.6.1 LED Lenses
9.6.2 LED Lens Array
9.6.3 LED Collimator Lens
9.6.4 LED Light Guides
9.6.5 LED Reflectors
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America LED Lighting Optics Market Size Forecast by Applications
9.10.1 Residential Lighting
9.10.2 Commercial Lighting
9.10.3 Industrial Lighting
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe LED Lighting Optics Analysis and Forecast
10.1 Introduction
10.2 Europe LED Lighting Optics Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe LED Lighting Optics Market Size Forecast by Type
10.6.1 LED Lenses
10.6.2 LED Lens Array
10.6.3 LED Collimator Lens
10.6.4 LED Light Guides
10.6.5 LED Reflectors
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe LED Lighting Optics Market Size Forecast by Applications
10.10.1 Residential Lighting
10.10.2 Commercial Lighting
10.10.3 Industrial Lighting
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific LED Lighting Optics Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific LED Lighting Optics Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific LED Lighting Optics Market Size Forecast by Type
11.6.1 LED Lenses
11.6.2 LED Lens Array
11.6.3 LED Collimator Lens
11.6.4 LED Light Guides
11.6.5 LED Reflectors
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific LED Lighting Optics Market Size Forecast by Applications
11.10.1 Residential Lighting
11.10.2 Commercial Lighting
11.10.3 Industrial Lighting
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America LED Lighting Optics Analysis and Forecast
12.1 Introduction
12.2 Latin America LED Lighting Optics Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America LED Lighting Optics Market Size Forecast by Type
12.6.1 LED Lenses
12.6.2 LED Lens Array
12.6.3 LED Collimator Lens
12.6.4 LED Light Guides
12.6.5 LED Reflectors
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America LED Lighting Optics Market Size Forecast by Applications
12.10.1 Residential Lighting
12.10.2 Commercial Lighting
12.10.3 Industrial Lighting
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) LED Lighting Optics Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) LED Lighting Optics Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) LED Lighting Optics Market Size Forecast by Type
13.6.1 LED Lenses
13.6.2 LED Lens Array
13.6.3 LED Collimator Lens
13.6.4 LED Light Guides
13.6.5 LED Reflectors
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) LED Lighting Optics Market Size Forecast by Applications
13.10.1 Residential Lighting
13.10.2 Commercial Lighting
13.10.3 Industrial Lighting
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 LED Lighting Optics Market: Competitive Dashboard
14.2 Global LED Lighting Optics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dialight
14.3.2 Ledil
14.3.3 Carclo Optics
14.3.4 Khatod Optoelectronic Srl
14.3.5 Gaggione
14.3.6 Auer Lighting GmbH
14.3.7 Fraen
14.3.8 Polymer Optics
14.3.9 DBM Optix
14.3.10 Link Optics
