Market Overview:
The global LED shunt protectors 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 and the growing awareness about the benefits of LED lights over traditional lighting solutions. In terms of type, the market is segmented into 6 voltage, 9 voltage, 13 voltage, and 18 voltage segments. Among these segments, 9 volt and 13 volt are expected to witness higher growth rates during the forecast period owing to their widespread adoption in industrial and public infrastructure applications respectively. Regionally, North America is expected to lead the global LED shunt protectors market followed by Europe and Asia Pacific.
Product Definition:
An LED Shunt Protector is a device that is inserted in series with an LED to protect it from voltage spikes and surges. It is important to use an LED Shunt Protector because it can prevent damage to the LED and ensure that it will continue to function properly.
6 Voltage:
6Volt is the voltage of power supply used in electronic devices such as LED Shunt Protectors. It is also known as series voltage or common voltage. The normal working range of 6Volt power supply is from 4 cells to 9 cells Li-ion battery depending upon the application and necessity.
9 Voltage:
9V battery is a standard battery type used in electronic devices. It is also known as Volatile Organic Compound (VOC) battery due to the presence of organic compounds such as carbon and hydrogen. These batteries are widely used owing to their low cost, wide range of applications, and high reliability. 9 voltage LED shunt protectors are designed for use with 9 V batteries having a positive terminal and negative terminal connected by an insulated wire or tube.
Application Insights:
The industrial segment led the global LED shunts protectors market and accounted for more than 54.0% of the revenue share in 2017. The growing demand for LED lights in various applications such as traffic signals, streetlights, building signage, advertising displays and decorative lighting is expected to drive the product demand over the forecast period.
The public infrastructure segment is anticipated to witness significant growth over the forecast period owing to increasing government expenditure on infrastructure development across various regions including North America and Europe. Moreover, favorable government policies regarding energy efficient lighting solutions are further expected to propel industry growth over the coming years. Increasing investments by governments in smart city development will also provide a major boost to industry expansion during future phases ofLED technology advancement worldwide -.
Regional Analysis:
The North American regional market accounted for the largest share in 2017. The presence of a large number of manufacturing facilities, coupled with stringent regulations regarding power quality, is expected to drive the demand for shunt protectors in this region. Moreover, increasing investments in public infrastructure are also likely to boost product demand over the forecast period.
Asia Pacific is anticipated to be one of the fastest-growing regional markets from 2018 to 2030 owing to rapid industrialization and urbanization across countries such as China and India. In addition, rising concerns regarding public health and safety are further expected drive product demand over the next eight years. Europe was estimated as being worth USD X million in 2017 due to growing awareness among end users about benefits offered by LED protectors such as improved efficiency compared with other conventional counterparts used for similar applications at higher voltage levels thus leading them topurchase these products on a larger scale than other regions mentioned above).
Growth Factors:
- Increasing demand for LED lighting from commercial and residential sectors
- Rising awareness about the benefits of LED lights over traditional lighting sources
- Technological advancements in LED shunt protectors that offer enhanced performance and reliability
- Growing demand for energy-efficient lighting solutions to reduce power consumption costs
- Favorable government policies and initiatives to promote the adoption of energy-efficient technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
LED Shunt Protectors Market Research Report
By Type
6 Voltage, 9 Voltage, 13 Voltage, 18 Voltage
By Application
Industrial, Public Infrastructure
By Companies
Bourns, Littelfuse, On Semiconductor
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global LED Shunt Protectors Market Report Segments:
The global LED Shunt Protectors market is segmented on the basis of:
Types
6 Voltage, 9 Voltage, 13 Voltage, 18 Voltage
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, Public Infrastructure
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
- On Semiconductor
Highlights of The LED Shunt Protectors 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:
- 6 Voltage
- 9 Voltage
- 13 Voltage
- 18 Voltage
- By Application:
- Industrial
- Public Infrastructure
- 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 Shunt Protectors 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 Shunt Protectors are a type of electrical protection device that is used to protect electronic equipment from over-current and over-voltage conditions. LED Shunt Protectors use a series of LEDs to monitor the current flowing through the device, and will automatically shut off the power if the current exceeds a set limit.
Some of the major players in the led shunt protectors market are Bourns, Littelfuse, On Semiconductor.
The led shunt protectors market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. LED Shunt Protectors 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 Shunt Protectors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. LED Shunt Protectors Market - Supply Chain
4.5. Global LED Shunt Protectors Market Forecast
4.5.1. LED Shunt Protectors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. LED Shunt Protectors Market Size (000 Units) and Y-o-Y Growth
4.5.3. LED Shunt Protectors Market Absolute $ Opportunity
5. Global LED Shunt Protectors 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 Shunt Protectors Market Size and Volume Forecast by Type
5.3.1. 6 Voltage
5.3.2. 9 Voltage
5.3.3. 13 Voltage
5.3.4. 18 Voltage
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global LED Shunt Protectors 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 Shunt Protectors Market Size and Volume Forecast by Application
6.3.1. Industrial
6.3.2. Public Infrastructure
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global LED Shunt Protectors 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 Shunt Protectors 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 Shunt Protectors 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 Shunt Protectors 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 Shunt Protectors Demand Share Forecast, 2019-2026
9. North America LED Shunt Protectors 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 Shunt Protectors 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 Shunt Protectors Market Size and Volume Forecast by Application
9.4.1. Industrial
9.4.2. Public Infrastructure
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America LED Shunt Protectors Market Size and Volume Forecast by Type
9.7.1. 6 Voltage
9.7.2. 9 Voltage
9.7.3. 13 Voltage
9.7.4. 18 Voltage
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 Shunt Protectors Demand Share Forecast, 2019-2026
10. Latin America LED Shunt Protectors 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 Shunt Protectors 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 Shunt Protectors Market Size and Volume Forecast by Application
10.4.1. Industrial
10.4.2. Public Infrastructure
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America LED Shunt Protectors Market Size and Volume Forecast by Type
10.7.1. 6 Voltage
10.7.2. 9 Voltage
10.7.3. 13 Voltage
10.7.4. 18 Voltage
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 Shunt Protectors Demand Share Forecast, 2019-2026
11. Europe LED Shunt Protectors 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 Shunt Protectors 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 Shunt Protectors Market Size and Volume Forecast by Application
11.4.1. Industrial
11.4.2. Public Infrastructure
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe LED Shunt Protectors Market Size and Volume Forecast by Type
11.7.1. 6 Voltage
11.7.2. 9 Voltage
11.7.3. 13 Voltage
11.7.4. 18 Voltage
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 Shunt Protectors Demand Share, 2019-2026
12. Asia Pacific LED Shunt Protectors 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 Shunt Protectors 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 Shunt Protectors Market Size and Volume Forecast by Application
12.4.1. Industrial
12.4.2. Public Infrastructure
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific LED Shunt Protectors Market Size and Volume Forecast by Type
12.7.1. 6 Voltage
12.7.2. 9 Voltage
12.7.3. 13 Voltage
12.7.4. 18 Voltage
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 Shunt Protectors Demand Share, 2019-2026
13. Middle East & Africa LED Shunt Protectors 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 Shunt Protectors 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 Shunt Protectors Market Size and Volume Forecast by Application
13.4.1. Industrial
13.4.2. Public Infrastructure
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa LED Shunt Protectors Market Size and Volume Forecast by Type
13.7.1. 6 Voltage
13.7.2. 9 Voltage
13.7.3. 13 Voltage
13.7.4. 18 Voltage
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 Shunt Protectors Demand Share, 2019-2026
14. Competition Landscape
14.1. Global LED Shunt Protectors Market: Market Share Analysis
14.2. LED Shunt Protectors Distributors and Customers
14.3. LED Shunt Protectors 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. On Semiconductor
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. COMPANY4
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
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
