Market Overview:
The global spacers for LED market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for LED lights in various applications such as manufacture, architecture, automobile, school and others. PVC is the most commonly used spacer material in the global spacers for LED market and is expected to hold a major share during the forecast period. However, nylon is projected to grow at a higher CAGR owing to its properties such as high strength-to-weight ratio and resistance against chemicals and abrasion.
Product Definition:
LED spacers are small plastic or metal discs that are used to space LED lights away from one another. This is important because it helps improve the light output and prevents the LEDs from heating up too much.
PVC:
Polyvinyl Chloride or PVC is a thermoplastic polymer with excellent chemical and mechanical properties. It can be extruded, cast, drawn or processed into tubes and sheets. The material has high flexibility, low moisture resistance & good electrical properties making it suitable for various end-use applications such as construction materials (inclusion in pipes & fittings), consumer goods (inclusion in flexible hoses) automotive industry (as an adhesive interlayer between paint films & coatings).
Nylon:
Nylon is a polymer and it's mainly derived from the carbon compounds found in petroleum. It has high chemical resistance, excellent strength, lightweight, and good electrical properties. These factors make nylon an ideal material for spacer beads or spacers used in LED market. Nylon 6 also called as nylon 66 is one of the widely used types of nylon mostly across the globe owing to its superior characteristics as compared to other variants such as polyamide 6 and polyamide 12 etc.
Application Insights:
The application segment is segregated into automobile, manufacture, architecture, other and school. The other application segment includes medical applications where spacers are used to improve the aesthetic appeal of hospitals or clinics. LED light sources can be attached directly on the ceiling without any support structure owing to its small size and lightweight nature which makes it ideal for use in interior decoration applications.
The architectural lighting spacers are majorly used in exterior as well as interior architectural lighting applications. These products assist designers by providing a uniform distribution of light source which enhances the overall visual appeal of an area thus boosting product demand over the forecast period. The automobile sector accounted for more than 30% revenue share in 2017 owing to increasing demand from automotive manufacturers globally for LED headlights replacement or upgrade purposes with improved brightness levels & features such as adaptive front lights and headlight-integrated LEDs that provide better visibility at night time driving conditions thus contributing towards industry growth over the coming years positively.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period owing to increasing demand from end-use industries, such as automobile, construction and manufacturing. The regional market growth can be attributed to rising investments in infrastructure development along with rapid industrialization and urbanization.
The growing number of manufacturers in this region coupled with favorable government regulations is anticipated to drive product demand over the forecast period. For instance, In India, LED lighting has been made mandatory by law under section 29A of The Electricity Act 2003 for all public places including restaurants, shopping malls and other commercial areas that have electricity supply through electric poles or batteries. This mandatory requirement will further propel industry growth in this country during the forecast period.
Europe accounted for a significant share of global spacers for LED market by application due to stringent environmental regulations regarding energy consumption by local governments which are likely boost industry penetration across countries such as Germany and U.K.
Growth Factors:
- Increasing demand from the automotive sector for LED lighting.
- Rising demand for energy-efficient lighting solutions.
- Growing popularity of LEDs as a replacement for traditional light sources.
- Technological advancements in LED technology and products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Spacers For LED Market Research Report
By Type
PVC, Nylon, Polypropylene, Polycarbonate, EPDM Rubber
By Application
Manufacture, Architecture, Automobile, School, Other
By Companies
Keystone Electronics, Anand Enterprises, TR FASTENINGS, Fischer Elektronik, Fastpoint, Shenzhen Yazhoulong Electronics Technology, LEDtronics
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
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Spacers For LED Market Report Segments:
The global Spacers For LED market is segmented on the basis of:
Types
PVC, Nylon, Polypropylene, Polycarbonate, EPDM Rubber
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
Manufacture, Architecture, Automobile, School, Other
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:
- Keystone Electronics
- Anand Enterprises
- TR FASTENINGS
- Fischer Elektronik
- Fastpoint
- Shenzhen Yazhoulong Electronics Technology
- LEDtronics
Highlights of The Spacers For LED 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:
- PVC
- Nylon
- Polypropylene
- Polycarbonate
- EPDM Rubber
- By Application:
- Manufacture
- Architecture
- Automobile
- School
- Other
- 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 Spacers For LED 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?
Spacers are used to separate LED light bulbs from each other. Spacers help keep the LEDs in the bulb from touching each other, which can cause them to fail prematurely.
Some of the major companies in the spacers for led market are Keystone Electronics, Anand Enterprises, TR FASTENINGS, Fischer Elektronik, Fastpoint, Shenzhen Yazhoulong Electronics Technology, LEDtronics.
The spacers for led market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Spacers For LED 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 Spacers For LED Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Spacers For LED 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 Spacers For LED 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 Spacers For LED Market Size & Forecast, 2018-2028
4.5.1 Spacers For LED Market Size and Y-o-Y Growth
4.5.2 Spacers For LED Market Absolute $ Opportunity
Chapter 5 Global Spacers For LED 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 Spacers For LED Market Size Forecast by Type
5.2.1 PVC
5.2.2 Nylon
5.2.3 Polypropylene
5.2.4 Polycarbonate
5.2.5 EPDM Rubber
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Spacers For LED 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 Spacers For LED Market Size Forecast by Applications
6.2.1 Manufacture
6.2.2 Architecture
6.2.3 Automobile
6.2.4 School
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Spacers For LED 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 Spacers For LED 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 Spacers For LED Analysis and Forecast
9.1 Introduction
9.2 North America Spacers For LED 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 Spacers For LED Market Size Forecast by Type
9.6.1 PVC
9.6.2 Nylon
9.6.3 Polypropylene
9.6.4 Polycarbonate
9.6.5 EPDM Rubber
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 Spacers For LED Market Size Forecast by Applications
9.10.1 Manufacture
9.10.2 Architecture
9.10.3 Automobile
9.10.4 School
9.10.5 Other
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 Spacers For LED Analysis and Forecast
10.1 Introduction
10.2 Europe Spacers For LED 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 Spacers For LED Market Size Forecast by Type
10.6.1 PVC
10.6.2 Nylon
10.6.3 Polypropylene
10.6.4 Polycarbonate
10.6.5 EPDM Rubber
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 Spacers For LED Market Size Forecast by Applications
10.10.1 Manufacture
10.10.2 Architecture
10.10.3 Automobile
10.10.4 School
10.10.5 Other
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 Spacers For LED Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Spacers For LED 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 Spacers For LED Market Size Forecast by Type
11.6.1 PVC
11.6.2 Nylon
11.6.3 Polypropylene
11.6.4 Polycarbonate
11.6.5 EPDM Rubber
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 Spacers For LED Market Size Forecast by Applications
11.10.1 Manufacture
11.10.2 Architecture
11.10.3 Automobile
11.10.4 School
11.10.5 Other
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 Spacers For LED Analysis and Forecast
12.1 Introduction
12.2 Latin America Spacers For LED 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 Spacers For LED Market Size Forecast by Type
12.6.1 PVC
12.6.2 Nylon
12.6.3 Polypropylene
12.6.4 Polycarbonate
12.6.5 EPDM Rubber
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 Spacers For LED Market Size Forecast by Applications
12.10.1 Manufacture
12.10.2 Architecture
12.10.3 Automobile
12.10.4 School
12.10.5 Other
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) Spacers For LED Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Spacers For LED 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) Spacers For LED Market Size Forecast by Type
13.6.1 PVC
13.6.2 Nylon
13.6.3 Polypropylene
13.6.4 Polycarbonate
13.6.5 EPDM Rubber
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) Spacers For LED Market Size Forecast by Applications
13.10.1 Manufacture
13.10.2 Architecture
13.10.3 Automobile
13.10.4 School
13.10.5 Other
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 Spacers For LED Market: Competitive Dashboard
14.2 Global Spacers For LED Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Keystone Electronics
14.3.2 Anand Enterprises
14.3.3 TR FASTENINGS
14.3.4 Fischer Elektronik
14.3.5 Fastpoint
14.3.6 Shenzhen Yazhoulong Electronics Technology
14.3.7 LEDtronics
