Market Overview:
The global LED probes 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 probes in various applications such as industrial, automotive, aerospace and others. In addition, the growing demand for miniaturized and high-performance LED probes is also contributing to the growth of this market. Based on type, the global LED probes market can be segmented into palladium alloys type, beryllium-copper type and others. Palladium alloys are expected to hold a major share of this market during the forecast period owing to their superior properties such as low thermal resistance and good electrical conductivity. Based on application, the global LED probes market can be segmented into industrial, automotive, aerospace and others.
Product Definition:
LED probes are used to measure low level signals. They are important because they can detect very small signals that other probes cannot detect.
Palladium Alloys Type:
Palladium alloys are a group of alloy containing platinum and palladium. Palladium is usually added to the metal to improve its electrical conductivity. The most common types of palladium alloys include AIN, AIS, and AIZ. These are used in applications such as LED probes owing to their high efficiency in terms of light output coupled with low power consumption characteristics.
Beryllium-copper Type:
Beryllium-copper type is a heat transfer medium used in LED probes. It has copper tube and beryllium sheet as its base. The copper tube has small particles of metal attached to it which are heated by the LED light, thus creating a heat transfer process from the light source to the sensor.
Theory: It is said that when electricity passes through transparent materials like glass or plastic, some of it gets reflected.
Application Insights:
The automotive segment led the global LED probes market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growing adoption of LED lights for headlamps, turn indicators, and other lamps in vehicles is expected to drive demand over the coming years.
The industrial segment accounted for more than 50% of the overall revenue share in 2017 owing to increasing utilization across various applications such as warehouse lighting, track lighting & work area lighting, HVAC (heating, ventilation & air conditioning), signs & displays and others. These products are used widely across industries such as manufacturing or chemical plants where high-intensity light sources are required due to increased visibility requirements or aesthetic purposes along with improved worker safety conditions at night time or during low-light conditions.
Regional Analysis:
The market in North America was valued at USD X million in 2017 and is expected to grow at a significant rate over the forecast period owing to increasing demand for LED probes from various end-use industries such as industrial, automotive, aerospace, etc. The region is characterized by the presence of major aircraft manufacturers such as Boeing and Airbus along with several other automobile manufacturers who are adopting LED lighting solutions on a large scale.
Asia Pacific led the global market in terms of revenue share in 2017 due to increased adoption across end-use industries such as automotive and others. The growth can be attributed to rising disposable income coupled with an increase in foreign investments made by multinational companies leading to an upsurge in manufacturing activities within countries like China and India which has resulted into high product demand across these regions over the past few years.
Growth Factors:
- Increasing demand for LED probes in the medical sector for diagnosis and treatment of various diseases
- Rising demand from research institutes and laboratories for use in advanced research work
- Growing popularity of LED probes among end users due to their features such as low power consumption, portability, and easy operability
- Proliferation of new applications areas for LED probes that is expected to create new opportunities for market growth
- Technological advancements in probe design and manufacturing that will result in improved performance and efficiency
Scope Of The Report
Report Attributes
Report Details
Report Title
LED Probes Market Research Report
By Type
Palladium Alloys Type, Beryllium-copper Type, Others
By Application
Industrial, Automotive, Aerospace, Others
By Companies
Columbia Elektronik AB, TESPRO Co, FEINMETALL GmbH, Advanced Probing Systems, Inc (APS), Omron Sentech Co Ltd
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global LED Probes Market Report Segments:
The global LED Probes market is segmented on the basis of:
Types
Palladium Alloys Type, Beryllium-copper Type, 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
Industrial, Automotive, Aerospace, Others
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:
- Columbia Elektronik AB
- TESPRO Co
- FEINMETALL GmbH
- Advanced Probing Systems, Inc (APS)
- Omron Sentech Co Ltd
Highlights of The LED Probes 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:
- Palladium Alloys Type
- Beryllium-copper Type
- Others
- By Application:
- Industrial
- Automotive
- Aerospace
- Others
- 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 Probes 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 probes are a type of instrument that use LEDs to detect the presence or absence of a particular substance. They are often used in laboratories to test for the presence of certain chemicals, minerals, or other substances.
Some of the major players in the led probes market are Columbia Elektronik AB, TESPRO Co, FEINMETALL GmbH, Advanced Probing Systems, Inc (APS), Omron Sentech Co Ltd.
The led probes market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. LED Probes Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. LED Probes Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. LED Probes Market - Supply Chain
4.5. Global LED Probes Market Forecast
4.5.1. LED Probes Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. LED Probes Market Size (000 Units) and Y-o-Y Growth
4.5.3. LED Probes Market Absolute $ Opportunity
5. Global LED Probes Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. LED Probes Market Size and Volume Forecast by Type
5.3.1. Palladium Alloys Type
5.3.2. Beryllium-copper Type
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global LED Probes Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. LED Probes Market Size and Volume Forecast by Application
6.3.1. Industrial
6.3.2. Automotive
6.3.3. Aerospace
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global LED Probes Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. LED Probes Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global LED Probes Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. LED Probes Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global LED Probes Demand Share Forecast, 2019-2026
9. North America LED Probes Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America LED Probes Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America LED Probes Market Size and Volume Forecast by Application
9.4.1. Industrial
9.4.2. Automotive
9.4.3. Aerospace
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America LED Probes Market Size and Volume Forecast by Type
9.7.1. Palladium Alloys Type
9.7.2. Beryllium-copper Type
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America LED Probes Demand Share Forecast, 2019-2026
10. Latin America LED Probes Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America LED Probes Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America LED Probes Market Size and Volume Forecast by Application
10.4.1. Industrial
10.4.2. Automotive
10.4.3. Aerospace
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America LED Probes Market Size and Volume Forecast by Type
10.7.1. Palladium Alloys Type
10.7.2. Beryllium-copper Type
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America LED Probes Demand Share Forecast, 2019-2026
11. Europe LED Probes Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe LED Probes Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe LED Probes Market Size and Volume Forecast by Application
11.4.1. Industrial
11.4.2. Automotive
11.4.3. Aerospace
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe LED Probes Market Size and Volume Forecast by Type
11.7.1. Palladium Alloys Type
11.7.2. Beryllium-copper Type
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analyis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe LED Probes Demand Share, 2019-2026
12. Asia Pacific LED Probes Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific LED Probes Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific LED Probes Market Size and Volume Forecast by Application
12.4.1. Industrial
12.4.2. Automotive
12.4.3. Aerospace
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific LED Probes Market Size and Volume Forecast by Type
12.7.1. Palladium Alloys Type
12.7.2. Beryllium-copper Type
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific LED Probes Demand Share, 2019-2026
13. Middle East & Africa LED Probes Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa LED Probes Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa LED Probes Market Size and Volume Forecast by Application
13.4.1. Industrial
13.4.2. Automotive
13.4.3. Aerospace
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa LED Probes Market Size and Volume Forecast by Type
13.7.1. Palladium Alloys Type
13.7.2. Beryllium-copper Type
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa LED Probes Demand Share, 2019-2026
14. Competition Landscape
14.1. Global LED Probes Market: Market Share Analysis
14.2. LED Probes Distributors and Customers
14.3. LED Probes Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Columbia Elektronik AB
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. TESPRO Co
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. FEINMETALL GmbH
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Advanced Probing Systems, Inc (APS)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Omron Sentech Co Ltd
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
