Market Overview:
The global through hole LEDs market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy-efficient lighting solutions, growing awareness about LED technology, and rising demand for LEDs in automotive applications. The global through hole LEDs market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into tower LEDs, round LEDs, oval LEDs, rectangular LEDs cylindrical LEDSs triangular LEDSs. Tower leds are expected to account for a major share of the global through hole leds market in terms of revenue due to their high efficiency and low power consumption as compared to other types of LEDSs.
Product Definition:
A through hole LED is an LED that is mounted to a printed circuit board (PCB) with leads that go through the PCB and are soldered to pads on the other side. They are called "through hole" because the leads go all the way through the PCB. Through hole LEDs are generally more reliable than surface mount LEDs, and they can be used in applications where a higher brightness is required.
Tower:
Tower is a device used to mount many LEDs in series, for example, a string of 50 or 100 LEDs. It can be used with any type of LED including forward-facing and reverse-facing. The tower has no internal components; it just provides an easy way to connect multiple LEDs in series or parallel.
The Through Hole Light Emitting Diode (THLED) market size was valued at USD 1 billion in 2015.
Round:
Round is a type of through-hole LED. It consists of an insulating stem and a metal body. The stem is usually shorter than the other end, which makes it easy to embed in the larger body. The round hole in the center of the round LED allows light to shine through by making a small cutout in the top cover glass.
Application Insights:
The market is segmented by application into medical, telecommunications, industrial, commercial and residential applications. The medical application segment dominated the overall industry in terms of revenue as well as volume in 2017. Increasing demand for through-hole LEDs from the healthcare sector has been a major factor driving the growth of this segment. Moreover, growing usage of these products for illumination purposes in surgeries and diagnostic procedures is expected to drive their demand over the forecast period.
The telecomunication application segment was valued at USD 544 million in 2017 owing to increasing use cases such as LED streetlights used on communication networks and data centers along with other end-use verticals such as retail stores.
Regional Analysis:
Asia Pacific is expected to be the fastest growing market for through hole LEDs with a CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing demand from end-use industries such as industrial, commercial, and telecommunication in countries such as China and India. Increasing government initiatives towards infrastructure development are also expected to drive the market in Asia Pacific region. For instance, Digital India Programme by Indian Government aims at providing digital services across all sectors in the country including education, healthcare, banking & financial services among others.
The North American region accounted for more than 25% of global revenue share in 2017 owing its dominance in technology innovation.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Rising awareness about the benefits of LEDs over traditional lighting sources
- Technological advancements in LED technology
- Growing demand for LED displays and signage
- Proliferation of Internet of Things (IoT)
Scope Of The Report
Report Attributes
Report Details
Report Title
Through Hole LEDs Market Research Report
By Type
Tower, Round, Oval, Rectangular, Cylindrical, Triangular
By Application
Medical, Telecommunication, Industrial, Commercial, Residential
By Companies
Hubei KENTO Electronic Stock Corporation, Kingbright Company, LLC., SunLED, Luckylight Electronics Co., Ltd, Xiamen G&H Electronics Co., Ltd., Brightek (Europe) Limited, Lumex Inc., Ekinglux Optoelectronics(Shanghai)CO.,Ltd., INTERNATIONAL LIGHT TECHNOLOGIES INC., Everlight Europe GmbH, OMC, DEMASLED
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
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Through Hole LEDs Market Report Segments:
The global Through Hole LEDs market is segmented on the basis of:
Types
Tower, Round, Oval, Rectangular, Cylindrical, Triangular
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
Medical, Telecommunication, Industrial, Commercial, Residential
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:
- Hubei KENTO Electronic Stock Corporation
- Kingbright Company, LLC.
- SunLED
- Luckylight Electronics Co., Ltd
- Xiamen G&H Electronics Co., Ltd.
- Brightek (Europe) Limited
- Lumex Inc.
- Ekinglux Optoelectronics(Shanghai)CO.,Ltd.
- INTERNATIONAL LIGHT TECHNOLOGIES INC.
- Everlight Europe GmbH
- OMC
- DEMASLED
Highlights of The Through Hole LEDs 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:
- Tower
- Round
- Oval
- Rectangular
- Cylindrical
- Triangular
- By Application:
- Medical
- Telecommunication
- Industrial
- Commercial
- Residential
- 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 Through Hole LEDs 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:
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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?
Through Hole LEDs are a type of LED that is placed through the holes in a PCB. This allows for more light to be emitted from the LED, which can result in brighter displays and longer battery life.
Some of the major players in the through hole leds market are Hubei KENTO Electronic Stock Corporation, Kingbright Company, LLC., SunLED, Luckylight Electronics Co., Ltd, Xiamen G&H Electronics Co., Ltd., Brightek (Europe) Limited, Lumex Inc., Ekinglux Optoelectronics(Shanghai)CO.,Ltd., INTERNATIONAL LIGHT TECHNOLOGIES INC., Everlight Europe GmbH, OMC, DEMASLED.
The through hole leds market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Through Hole LEDs 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 Through Hole LEDs Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Through Hole LEDs 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 Through Hole LEDs 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 Through Hole LEDs Market Size & Forecast, 2020-2028 4.5.1 Through Hole LEDs Market Size and Y-o-Y Growth 4.5.2 Through Hole LEDs Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Tower
5.2.2 Round
5.2.3 Oval
5.2.4 Rectangular
5.2.5 Cylindrical
5.2.6 Triangular
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Medical
6.2.2 Telecommunication
6.2.3 Industrial
6.2.4 Commercial
6.2.5 Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Through Hole LEDs 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 Through Hole LEDs 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Tower
9.6.2 Round
9.6.3 Oval
9.6.4 Rectangular
9.6.5 Cylindrical
9.6.6 Triangular
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 Market Size Forecast by Applications
9.10.1 Medical
9.10.2 Telecommunication
9.10.3 Industrial
9.10.4 Commercial
9.10.5 Residential
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Tower
10.6.2 Round
10.6.3 Oval
10.6.4 Rectangular
10.6.5 Cylindrical
10.6.6 Triangular
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 Market Size Forecast by Applications
10.10.1 Medical
10.10.2 Telecommunication
10.10.3 Industrial
10.10.4 Commercial
10.10.5 Residential
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Tower
11.6.2 Round
11.6.3 Oval
11.6.4 Rectangular
11.6.5 Cylindrical
11.6.6 Triangular
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 Market Size Forecast by Applications
11.10.1 Medical
11.10.2 Telecommunication
11.10.3 Industrial
11.10.4 Commercial
11.10.5 Residential
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Tower
12.6.2 Round
12.6.3 Oval
12.6.4 Rectangular
12.6.5 Cylindrical
12.6.6 Triangular
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 Market Size Forecast by Applications
12.10.1 Medical
12.10.2 Telecommunication
12.10.3 Industrial
12.10.4 Commercial
12.10.5 Residential
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Tower
13.6.2 Round
13.6.3 Oval
13.6.4 Rectangular
13.6.5 Cylindrical
13.6.6 Triangular
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) Market Size Forecast by Applications
13.10.1 Medical
13.10.2 Telecommunication
13.10.3 Industrial
13.10.4 Commercial
13.10.5 Residential
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 Through Hole LEDs Market: Competitive Dashboard
14.2 Global Through Hole LEDs Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hubei KENTO Electronic Stock Corporation
14.3.2 Kingbright Company, LLC.
14.3.3 SunLED
14.3.4 Luckylight Electronics Co., Ltd
14.3.5 Xiamen G&H Electronics Co., Ltd.
14.3.6 Brightek (Europe) Limited
14.3.7 Lumex Inc.
14.3.8 Ekinglux Optoelectronics(Shanghai)CO.,Ltd.
14.3.9 INTERNATIONAL LIGHT TECHNOLOGIES INC.
14.3.10 Everlight Europe GmbH
14.3.11 OMC
14.3.12 DEMASLED