Market Overview:
The global LED protection devices market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The market growth is attributed to the increasing demand for energy-efficient lighting solutions and the growing awareness about the benefits of LED lights over traditional lighting sources. In addition, the increasing adoption of LEDs in various applications such as electronics, power industry, communications, and others is also propelling the growth of this market. Based on type, shunt protection devices accounted for a major share of the global LED protection devices market in 2017. This can be attributed to their ability to protect LEDs from short circuits and overloads.
Product Definition:
LED protection devices are important to protect LED lights from voltage spikes and surges. LED protection devices help to ensure that the LEDs do not burn out or become damaged due to excess voltage.
Shunt Protection Devices:
Shunt protection devices are used to protect LED from damage due to high voltage. It works as a safety measure for the circuit and prevents it from short circuits, over current and overvoltage. The working of shunt protection device depends on the flow of electric current through it, if there is no load then its output will be high but if there is a load then its output will be low.
Surge Protective Devices:
Surge protective devices are mainly used to protect LED from voltage surges that may occur in the system due to lightning strikes, power line crashes, electrical accidents or any other reasons. The normal power supply provides +5V and +12V rails with a maximum output of 30A into the LED light. However, during lighting strike or any other reason; there may be a sudden increase in current flow that can easily melt down the internal components of an LED light resulting into failure.
Application Insights:
The electronics segment led the global LED protection devices market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing use of LEDs in various electronic products, such as smartphones, laptops/notebooks, flat panels TVs and monitors, digital cameras/camcorders etc. In addition, growing demand for smart devices is expected to boost product adoption across the industry verticals including consumer electronics & appliances and IT & telecommunication segments over the coming years.
Regional Analysis:
The North American region accounted for the largest market share in 2016 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing demand for efficient protection devices from various end-use industries, such as electronics, power industry, and others. Moreover, presence of major manufacturers in this region has led to higher product availability across the globe.
Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to rising demand from several end-use sectors including medical & healthcare facilities; manufacturing facilities; data centers; transportation & logistics sector; among others. Increasing number of construction projects on account of growing industrialization coupled with favorable government policies regarding energy conservation are some factors that are likely boost regional product demand in near future.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Rapid technological advancements and innovations in LED protection devices
- Rising awareness about the benefits of LED protection devices among consumers
- Growing demand from emerging markets
- Stringent government regulations and standards for energy conservation
Scope Of The Report
Report Attributes
Report Details
Report Title
LED Protection Devices Market Research Report
By Type
Shunt Protection Devices, Surge Protective Devices, Bypass Protection Devices, Other
By Application
Electronics, Power Industry, Communcations, Other
By Companies
Bourns, Littelfuse, Eaton, ON Semiconductor, STMicroelectronics, Infineon Technologies, Analog Devices, OSRAM
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global LED Protection Devices Market Report Segments:
The global LED Protection Devices market is segmented on the basis of:
Types
Shunt Protection Devices, Surge Protective Devices, Bypass Protection Devices, Other
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
Electronics, Power Industry, Communcations, 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:
- Bourns
- Littelfuse
- Eaton
- ON Semiconductor
- STMicroelectronics
- Infineon Technologies
- Analog Devices
- OSRAM
Highlights of The LED Protection Devices 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:
- Shunt Protection Devices
- Surge Protective Devices
- Bypass Protection Devices
- Other
- By Application:
- Electronics
- Power Industry
- Communcations
- 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 LED Protection Devices 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 protection devices are a type of electrical safety equipment that help protect people from electric shock. They work by detecting when someone is touching or coming in contact with an LED light, and then automatically turning off the power to the light. This helps prevent anyone from being injured by accidentally touching an LED light.
Some of the key players operating in the led protection devices market are Bourns, Littelfuse, Eaton, ON Semiconductor, STMicroelectronics, Infineon Technologies, Analog Devices, OSRAM.
The led protection devices market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. LED Protection Devices 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 Protection Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. LED Protection Devices Market - Supply Chain
4.5. Global LED Protection Devices Market Forecast
4.5.1. LED Protection Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. LED Protection Devices Market Size (000 Units) and Y-o-Y Growth
4.5.3. LED Protection Devices Market Absolute $ Opportunity
5. Global LED Protection Devices 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 Protection Devices Market Size and Volume Forecast by Type
5.3.1. Shunt Protection Devices
5.3.2. Surge Protective Devices
5.3.3. Bypass Protection Devices
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global LED Protection Devices 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 Protection Devices Market Size and Volume Forecast by Application
6.3.1. Electronics
6.3.2. Power Industry
6.3.3. Communcations
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global LED Protection Devices 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 Protection Devices 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 Protection Devices 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 Protection Devices 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 Protection Devices Demand Share Forecast, 2019-2026
9. North America LED Protection Devices 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 Protection Devices 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 Protection Devices Market Size and Volume Forecast by Application
9.4.1. Electronics
9.4.2. Power Industry
9.4.3. Communcations
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America LED Protection Devices Market Size and Volume Forecast by Type
9.7.1. Shunt Protection Devices
9.7.2. Surge Protective Devices
9.7.3. Bypass Protection Devices
9.7.4. Other
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 Protection Devices Demand Share Forecast, 2019-2026
10. Latin America LED Protection Devices 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 Protection Devices 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 Protection Devices Market Size and Volume Forecast by Application
10.4.1. Electronics
10.4.2. Power Industry
10.4.3. Communcations
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America LED Protection Devices Market Size and Volume Forecast by Type
10.7.1. Shunt Protection Devices
10.7.2. Surge Protective Devices
10.7.3. Bypass Protection Devices
10.7.4. Other
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 Protection Devices Demand Share Forecast, 2019-2026
11. Europe LED Protection Devices 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 Protection Devices 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 Protection Devices Market Size and Volume Forecast by Application
11.4.1. Electronics
11.4.2. Power Industry
11.4.3. Communcations
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe LED Protection Devices Market Size and Volume Forecast by Type
11.7.1. Shunt Protection Devices
11.7.2. Surge Protective Devices
11.7.3. Bypass Protection Devices
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
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 Protection Devices Demand Share, 2019-2026
12. Asia Pacific LED Protection Devices 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 Protection Devices 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 Protection Devices Market Size and Volume Forecast by Application
12.4.1. Electronics
12.4.2. Power Industry
12.4.3. Communcations
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific LED Protection Devices Market Size and Volume Forecast by Type
12.7.1. Shunt Protection Devices
12.7.2. Surge Protective Devices
12.7.3. Bypass Protection Devices
12.7.4. Other
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 Protection Devices Demand Share, 2019-2026
13. Middle East & Africa LED Protection Devices 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 Protection Devices 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 Protection Devices Market Size and Volume Forecast by Application
13.4.1. Electronics
13.4.2. Power Industry
13.4.3. Communcations
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa LED Protection Devices Market Size and Volume Forecast by Type
13.7.1. Shunt Protection Devices
13.7.2. Surge Protective Devices
13.7.3. Bypass Protection Devices
13.7.4. Other
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 Protection Devices Demand Share, 2019-2026
14. Competition Landscape
14.1. Global LED Protection Devices Market: Market Share Analysis
14.2. LED Protection Devices Distributors and Customers
14.3. LED Protection Devices Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bourns
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Littelfuse
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Eaton
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ON Semiconductor
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. STMicroelectronics
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Infineon Technologies
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Analog Devices
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. OSRAM
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
