Market Overview:
The global LED secondary lens 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, rising awareness about the benefits of LED lighting, and growing demand for automotive lighting. In terms of type, the PMMA LED secondary lens segment is expected to lead the market during the forecast period owing to its properties such as high transparency and resistance against scratches and chemicals. In terms of application, commercial lighting is expected to hold a major share in the global LED secondary lens market during the forecast period owing to increasing adoption of LEDs in retail stores and offices.
Product Definition:
LED secondary lens is a lens used to focus light emitted from an LED. It is often used in conjunction with an LED primary lens to create a more intense and focused beam of light. The secondary lens can also be used to create a wider or narrower beam of light, depending on the needs of the application.
PMMA LED Secondary Lens:
LED secondary lens is a transparent plastic lens that is used to increase the light output of an LED. It can be used in various applications such as backlighting, display screens and indicators, lighting for logos & labels and general illumination. The product has high optical quality with no color cast and offers better light distribution than traditional incandescent lamps or fluorescent bulbs.
PC LED Secondary Lens:
The LED secondary lens is a transparent plastic or glass that is placed in front of the light source to control the amount of light that hits the subject. It comes in different forms such as sheets, tubes, and compact lenses. The sheet form can be used for bounce lighting whereas tube form can be used for direct and wide angle lighting application.
Application Insights:
The market is segmented by application into street lighting, commercial lighting, architectural lighting, indoor lighting, automotive lightings and others. The street lightings application segment dominated the overall industry in terms of revenue share in 2017. This can be attributed to growing urbanization along with rising demand for energy-efficient solutions that reduce carbon emissions. Street lights not only improve visibility but also play a vital role in maintaining the safety of roadways and pedestrians at night time.
The growing adoption of LEDs as an alternative to HID lamps has been driving growth across various applications such as outdoor advertising signage or traffic signal lamps among others which are used outdoors.
Regional Analysis:
The market in the Asia Pacific region is expected to grow at a significant rate over the forecast period owing to increasing government initiatives for infrastructure development. The growing construction industry due to rapid urbanization and rising disposable income will drive LED secondary lens demand over the next eight years. Furthermore, favorable regulations by governments of various countries such as India, China, Japan and Australia are anticipated to boost regional growth during the forecast period.
In North America, strict laws regarding lighting pollution have resulted in consumers becoming more conscious about outdoor lighting design solutions. This has led designers & architects opting for LEDs with greater frequency which will further fuel product demand over the coming years.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Growing awareness about the benefits of LED lighting
- Technological advancements in LED Secondary Lens design and manufacturing
- Rising demand from emerging markets 5. Growing adoption of LED lighting in commercial applications
Scope Of The Report
Report Attributes
Report Details
Report Title
LED Secondary Lens Market Research Report
By Type
PMMA LED Secondary Lens, PC LED Secondary Lens, Glass LED Secondary Lens, Others
By Application
Street Lighting, Commercial Lighting, Architectural Lighting, Indoor Lighting, Automotive Lighting, Others
By Companies
Ledlink Optics, Carclo Optics, Auer Lighting, LEDIL Oy, FRAEN Corporation, GAGGIONE (Lednlight), Bicom Optics, Darkoo Optics, Aether systems Inc, B&M Optics Co, ShenZhen Likeda Optical, HENGLI Optical, Brightlx Limited, Kunrui Optical, FORTECH, Chun Kuang Optics, Wuxi Kinglux Glass Lens
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global LED Secondary Lens Market Report Segments:
The global LED Secondary Lens market is segmented on the basis of:
Types
PMMA LED Secondary Lens, PC LED Secondary Lens, Glass LED Secondary Lens, 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
Street Lighting, Commercial Lighting, Architectural Lighting, Indoor Lighting, Automotive Lighting, 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:
- Ledlink Optics
- Carclo Optics
- Auer Lighting
- LEDIL Oy
- FRAEN Corporation
- GAGGIONE (Lednlight)
- Bicom Optics
- Darkoo Optics
- Aether systems Inc
- B&M Optics Co
- ShenZhen Likeda Optical
- HENGLI Optical
- Brightlx Limited
- Kunrui Optical
- FORTECH
- Chun Kuang Optics
- Wuxi Kinglux Glass Lens
Highlights of The LED Secondary Lens 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:
- PMMA LED Secondary Lens
- PC LED Secondary Lens
- Glass LED Secondary Lens
- Others
- By Application:
- Street Lighting
- Commercial Lighting
- Architectural Lighting
- Indoor Lighting
- Automotive Lighting
- 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 Secondary Lens 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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?
LED secondary lens is a type of LED light that uses a diffuser to spread the light evenly across the surface it is illuminating. This allows for more even illumination and reduces shadows and glare.
Some of the key players operating in the led secondary lens market are Ledlink Optics, Carclo Optics, Auer Lighting, LEDIL Oy, FRAEN Corporation, GAGGIONE (Lednlight), Bicom Optics, Darkoo Optics, Aether systems Inc, B&M Optics Co, ShenZhen Likeda Optical, HENGLI Optical, Brightlx Limited, Kunrui Optical, FORTECH, Chun Kuang Optics, Wuxi Kinglux Glass Lens.
The led secondary lens market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. LED Secondary Lens 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 Secondary Lens Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. LED Secondary Lens Market - Supply Chain
4.5. Global LED Secondary Lens Market Forecast
4.5.1. LED Secondary Lens Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. LED Secondary Lens Market Size (000 Units) and Y-o-Y Growth
4.5.3. LED Secondary Lens Market Absolute $ Opportunity
5. Global LED Secondary Lens 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 Secondary Lens Market Size and Volume Forecast by Type
5.3.1. PMMA LED Secondary Lens
5.3.2. PC LED Secondary Lens
5.3.3. Glass LED Secondary Lens
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global LED Secondary Lens 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 Secondary Lens Market Size and Volume Forecast by Application
6.3.1. Street Lighting
6.3.2. Commercial Lighting
6.3.3. Architectural Lighting
6.3.4. Indoor Lighting
6.3.5. Automotive Lighting
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global LED Secondary Lens 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 Secondary Lens 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 Secondary Lens 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 Secondary Lens 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 Secondary Lens Demand Share Forecast, 2019-2026
9. North America LED Secondary Lens 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 Secondary Lens 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 Secondary Lens Market Size and Volume Forecast by Application
9.4.1. Street Lighting
9.4.2. Commercial Lighting
9.4.3. Architectural Lighting
9.4.4. Indoor Lighting
9.4.5. Automotive Lighting
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America LED Secondary Lens Market Size and Volume Forecast by Type
9.7.1. PMMA LED Secondary Lens
9.7.2. PC LED Secondary Lens
9.7.3. Glass LED Secondary Lens
9.7.4. 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 Secondary Lens Demand Share Forecast, 2019-2026
10. Latin America LED Secondary Lens 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 Secondary Lens 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 Secondary Lens Market Size and Volume Forecast by Application
10.4.1. Street Lighting
10.4.2. Commercial Lighting
10.4.3. Architectural Lighting
10.4.4. Indoor Lighting
10.4.5. Automotive Lighting
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America LED Secondary Lens Market Size and Volume Forecast by Type
10.7.1. PMMA LED Secondary Lens
10.7.2. PC LED Secondary Lens
10.7.3. Glass LED Secondary Lens
10.7.4. 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 Secondary Lens Demand Share Forecast, 2019-2026
11. Europe LED Secondary Lens 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 Secondary Lens 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 Secondary Lens Market Size and Volume Forecast by Application
11.4.1. Street Lighting
11.4.2. Commercial Lighting
11.4.3. Architectural Lighting
11.4.4. Indoor Lighting
11.4.5. Automotive Lighting
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe LED Secondary Lens Market Size and Volume Forecast by Type
11.7.1. PMMA LED Secondary Lens
11.7.2. PC LED Secondary Lens
11.7.3. Glass LED Secondary ens
11.7.4. 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 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 Secondary Lens Demand Share, 2019-2026
12. Asia Pacific LED Secondary Lens 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 Secondary Lens 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 Secondary Lens Market Size and Volume Forecast by Application
12.4.1. Street Lighting
12.4.2. Commercial Lighting
12.4.3. Architectural Lighting
12.4.4. Indoor Lighting
12.4.5. Automotive Lighting
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific LED Secondary Lens Market Size and Volume Forecast by Type
12.7.1. PMMA LED Secondary Lens
12.7.2. PC LED Secondary Lens
12.7.3. Glass LED Secondary Lens
12.7.4. 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 Secondary Lens Demand Share, 2019-2026
13. Middle East & Africa LED Secondary Lens 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 Secondary Lens 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 Secondary Lens Market Size and Volume Forecast by Application
13.4.1. Street Lighting
13.4.2. Commercial Lighting
13.4.3. Architectural Lighting
13.4.4. Indoor Lighting
13.4.5. Automotive Lighting
13.4.6. 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 Secondary Lens Market Size and Volume Forecast by Type
13.7.1. PMMA LED Secondary Lens
13.7.2. PC LED Secondary Lens
13.7.3. Glass LED Secondary Lens
13.7.4. 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 Secondary Lens Demand Share, 2019-2026
14. Competition Landscape
14.1. Global LED Secondary Lens Market: Market Share Analysis
14.2. LED Secondary Lens Distributors and Customers
14.3. LED Secondary Lens Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ledlink Optics
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Carclo Optics
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Auer Lighting
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. LEDIL Oy
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. FRAEN Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. GAGGIONE (Lednlight)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Bicom Optics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Darkoo Optics
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Aether systems Inc
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. B&M Optics Co
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. ShenZhen Likeda Optical
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. HENGLI Optical
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Brightlx Limited
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Kunrui Optical
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. FORTECH
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Chun Kuang Optics
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Wuxi Kinglux Glass Lens
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
