Market Overview:
The global LED thermal products market is expected to grow at a CAGR of 5.8% 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 lights, and growing demand for LED thermal products in automotive applications. Based on type, the global LED thermal products market is segmented into heat sink, ceramic PCB, fansink, thermal clad board, thermally conductive pad and others. Heat sinks are expected to account for the largest share of the global LED thermal products market in 2018 owing to their high efficiency and ability to dissipate heat effectively. Ceramic PCBs are also anticipated to witness significant growth during the forecast period due their superior heat dissipation properties as compared with traditional FR4 PCBs.
Product Definition:
LED thermal products are used to keep LEDs cool and functioning properly. They are important because without them, LEDs can overheat and fail.
Heat Sink:
The heat sink is a device that absorbs or dissipates the excess heat from an LED. The LED needs to be placed close to the heat source, which may be a high power consuming IC or another LED. Heat sinks are available in different forms such as copper plates, aluminum blocks, and small chips. They can also be customized according to need by using different materials such as ceramics and metals.
Ceramic PCB:
Ceramic PCB is a type of printed circuit board that uses ceramic materials such as silicon nitride, silicon dioxide, and alumina for electrical components such as resistors, capacitors and inductors. These materials have high thermal conductivity which helps the heat dissipation from electronic devices efficiently. The efficiency of these products to dissipate heat makes them suitable to be used in LED thermal products.
Application Insights:
The office application segment led the global LED thermal products market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for high-performance heat sinks, fansinks, and other components for data centers and IT offices.
The residential sector is expected to witness significant growth over the forecast period owing to rising demand from end-use industries such as consumer electronics, healthcare equipment & appliances manufacturing companies. These end-use industries are increasingly adopting energy efficient technologies including LEDs that result in increased product adoption across all major regions globally.
Regional Analysis:
The Asia Pacific regional led thermal products market is anticipated to witness significant growth over the forecast period owing to increasing demand from end-use industries, such as industrial, commercial and residential. The growing manufacturing sector in China and India on account of low labor cost coupled with easy availability of raw materials is expected to drive the APAC regional market.
Moreover, countries such as Japan are also contributing significantly towards industry expansion due to high product adoption for space cooling and air conditioning applications. Europe accounted for a major revenue share in 2017 owing to early technology adoption by several key players along with increased focus on reducing energy consumption costs associated with LED lighting solutions. Moreover, presence of prominent manufacturers including Infineon technologies; BASF SE; LG Chem Ltd.; Samsung C&T Co., Ltd.; Toshiba Corporation; SES S.A.; Skyworth Electronics Co., Ltd.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Rising awareness about the benefits of LED lighting
- Technological advancements in LED thermal products
- Growing demand from the automotive sector
- Rising disposable income and growing consumer spending
Scope Of The Report
Report Attributes
Report Details
Report Title
LED Thermal Products Market Research Report
By Type
Heat Sink, Ceramic PCB, Fansink, Thermal Clad Board, Thermally Conductive Pad, Others
By Application
Residential, Office, Industrial, Shop, Automotive, Others
By Companies
Sunonwealth, Aavid Thermalloy, Cree Inc., 3M, ebm-papst Group, Bergquist, t-Global Technology, Molex, LLC, Dialight, Wakefield-Vette, Ohmite, TE Connectivity, Advanced Thermal Solutions Inc., LEDdynamics Inc.
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 Thermal Products Market Report Segments:
The global LED Thermal Products market is segmented on the basis of:
Types
Heat Sink, Ceramic PCB, Fansink, Thermal Clad Board, Thermally Conductive Pad, 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
Residential, Office, Industrial, Shop, Automotive, 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:
- Sunonwealth
- Aavid Thermalloy
- Cree Inc.
- 3M
- ebm-papst Group
- Bergquist
- t-Global Technology
- Molex, LLC
- Dialight
- Wakefield-Vette
- Ohmite
- TE Connectivity
- Advanced Thermal Solutions Inc.
- LEDdynamics Inc.
Highlights of The LED Thermal Products 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:
- Heat Sink
- Ceramic PCB
- Fansink
- Thermal Clad Board
- Thermally Conductive Pad
- Others
- By Application:
- Residential
- Office
- Industrial
- Shop
- Automotive
- 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 Thermal Products 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 thermal products are a type of LED lighting that uses heat to create light. LEDs emit light when they are heated, and this is what makes them so efficient and durable.
Some of the major companies in the led thermal products market are Sunonwealth, Aavid Thermalloy, Cree Inc., 3M, ebm-papst Group, Bergquist, t-Global Technology, Molex, LLC, Dialight, Wakefield-Vette, Ohmite, TE Connectivity, Advanced Thermal Solutions Inc., LEDdynamics Inc..
The led thermal products market is expected to grow at a compound annual growth rate of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. LED Thermal Products 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 Thermal Products Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. LED Thermal Products Market - Supply Chain
4.5. Global LED Thermal Products Market Forecast
4.5.1. LED Thermal Products Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. LED Thermal Products Market Size (000 Units) and Y-o-Y Growth
4.5.3. LED Thermal Products Market Absolute $ Opportunity
5. Global LED Thermal Products 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 Thermal Products Market Size and Volume Forecast by Type
5.3.1. Heat Sink
5.3.2. Ceramic PCB
5.3.3. Fansink
5.3.4. Thermal Clad Board
5.3.5. Thermally Conductive Pad
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global LED Thermal Products 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 Thermal Products Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Office
6.3.3. Industrial
6.3.4. Shop
6.3.5. Automotive
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global LED Thermal Products 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 Thermal Products 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 Thermal Products 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 Thermal Products 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 Thermal Products Demand Share Forecast, 2019-2026
9. North America LED Thermal Products 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 Thermal Products 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 Thermal Products Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Office
9.4.3. Industrial
9.4.4. Shop
9.4.5. Automotive
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 Thermal Products Market Size and Volume Forecast by Type
9.7.1. Heat Sink
9.7.2. Ceramic PCB
9.7.3. Fansink
9.7.4. Thermal Clad Board
9.7.5. Thermally Conductive Pad
9.7.6. 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 Thermal Products Demand Share Forecast, 2019-2026
10. Latin America LED Thermal Products 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 Thermal Products 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 Thermal Products Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Office
10.4.3. Industrial
10.4.4. Shop
10.4.5. Automotive
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 Thermal Products Market Size and Volume Forecast by Type
10.7.1. Heat Sink
10.7.2. Ceramic PCB
10.7.3. Fansink
10.7.4. Thermal Clad Board
10.7.5. Thermally Conductive Pad
10.7.6. 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 Thermal Products Demand Share Forecast, 2019-2026
11. Europe LED Thermal Products 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 Thermal Products 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 Thermal Products Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Office
11.4.3. Industrial
11.4.4. Shop
11.4.5. Automotive
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 Thermal Products Market Size and Volume Forecast by Type
11.7.1. Heat Sink
11.7.2. Ceramic PCB
11.7.3. Fansink
11.7.4. Thermal Clad Board
11.7.5. Thermally Conductive Pad
11.7.6. 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 Thermal Products Demand Share, 2019-2026
12. Asia Pacific LED Thermal Products 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 Thermal Products 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 Thermal Products Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Office
12.4.3. Industrial
12.4.4. Shop
12.4.5. Automotive
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 Thermal Products Market Size and Volume Forecast by Type
12.7.1. Heat Sink
12.7.2. Ceramic PCB
12.7.3. Fansink
12.7.4. Thermal Clad Board
12.7.5. Thermally Conductive Pad
12.7.6. 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 Thermal Products Demand Share, 2019-2026
13. Middle East & Africa LED Thermal Products 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 Thermal Products 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 Thermal Products Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Office
13.4.3. Industrial
13.4.4. Shop
13.4.5. Automotive
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 Thermal Products Market Size and Volume Forecast by Type
13.7.1. Heat Sink
13.7.2. Ceramic PCB
13.7.3. Fansink
13.7.4. Thermal Clad Board
13.7.5. Thermally Conductive Pad
13.7.6. 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 Thermal Products Demand Share, 2019-2026
14. Competition Landscape
14.1. Global LED Thermal Products Market: Market Share Analysis
14.2. LED Thermal Products Distributors and Customers
14.3. LED Thermal Products Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sunonwealth
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Aavid Thermalloy
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Cree Inc.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. 3M
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ebm-papst Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Bergquist
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. t-Global Technology
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Molex, LLC
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Dialight
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Wakefield-Vette
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Ohmite
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. TE Connectivity
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Advanced Thermal Solutions Inc.
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. LEDdynamics Inc.
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
