Secondary optics are those optics which exist outside of the LED package, such as reflector, TIR lenses, Fresnel lenses, and pillow lenses. Secondary optics are used to create the desired appearance and beam pattern of the LED signal lamp.

LEDs generally emit light at a 120-degree viewing angle. LED applications that require more focused light often use a secondary optic that is placed over the LED, which internally reflects light into a spot, medium spot, wide spot or elliptical spot pattern. Secondary optics are used to modify the output beam of the LED such that the output beam of the finished signal lamp will efficiently meet the desired photometric specification. In addition, secondary optics serve an aesthetic purpose by determining the lit and unlit appearance of the signal lamp. The primary optic is included in the LED package, and the secondary optics are part of the finished signal lamp. There are two primary categories of secondary optics used, those that spread the incoming light (diverging optics), and those that gather the incoming light into a collimated beam (collimating optics).

The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins.

Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.

Price in US and EU is much higher than that of China and other developing countries due to their high quality and powerful functionalities. Developing countries such as China and India is more likely to attract more investment opportunity for their potential demand.

According to this study, over the next five years the LED Secondary Optic market will register a 23.0% CAGR in terms of revenue, the global market size will reach US$ 2370 million by 2024, from US$ 690 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in LED Secondary Optic business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of LED Secondary Optic market by product type, application, key manufacturers and key regions and countries.

This study considers the LED Secondary Optic value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

Reflector

LED Secondary Lens

Others

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

Street Lighting

Commercial Lighting

Architectural Lighting

Indoor Lighting

Automotive Lighting

Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Spain

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

Ledlink Optics

Carclo Optics

Auer Lighting

LEDIL Oy

FRAEN Corporation

GAGGIONE (Lednlight)

Bicom Optics

Darkoo Optics

Aether systems Inc

B&M Optics

ShenZhen Likeda Optical

HENGLI Optical

Brightlx Limited

Kunrui optical

FORTECH

Chun Kuang Optics

Wuxi Kinglux Glass Lens

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

To study and analyze the global LED Secondary Optic consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.

To understand the structure of LED Secondary Optic market by identifying its various subsegments.

Focuses on the key global LED Secondary Optic manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the LED Secondary Optic with respect to individual growth trends, future prospects, and their contribution to the total market.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

To project the consumption of LED Secondary Optic submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

Table of Contents

2019-2024 Global LED Secondary Optic Consumption Market Report

1 Scope of the Report

1.1 Market Introduction

1.2 Research Objectives

1.3 Years Considered

1.4 Market Research Methodology

1.5 Economic Indicators

1.6 Currency Considered

2 Executive Summary

2.1 World Market Overview

2.1.1 Global LED Secondary Optic Consumption 2014-2024

2.1.2 LED Secondary Optic Consumption CAGR by Region

2.2 LED Secondary Optic Segment by Type

2.2.1 Reflector

2.2.2 LED Secondary Lens

2.2.3 Others

2.3 LED Secondary Optic Consumption by Type

2.3.1 Global LED Secondary Optic Consumption Market Share by Type (2014-2019)

2.3.2 Global LED Secondary Optic Revenue and Market Share by Type (2014-2019)

2.3.3 Global LED Secondary Optic Sale Price by Type (2014-2019)

2.4 LED Secondary Optic Segment by Application

2.4.1 Street Lighting

2.4.2 Commercial Lighting

2.4.3 Architectural Lighting

2.4.4 Indoor Lighting

2.4.5 Automotive Lighting

2.4.6 Others

2.5 LED Secondary Optic Consumption by Application

2.5.1 Global LED Secondary Optic Consumption Market Share by Application (2014-2019)

2.5.2 Global LED Secondary Optic Value and Market Share by Application (2014-2019)

2.5.3 Global LED Secondary Optic Sale Price by Application (2014-2019)

3 Global LED Secondary Optic by Players

3.1 Global LED Secondary Optic Sales Market Share by Players

3.1.1 Global LED Secondary Optic Sales by Players (2017-2019)

3.1.2 Global LED Secondary Optic Sales Market Share by Players (2017-2019)

3.2 Global LED Secondary Optic Revenue Market Share by Players

3.2.1 Global LED Secondary Optic Revenue by Players (2017-2019)

3.2.2 Global LED Secondary Optic Revenue Market Share by Players (2017-2019)

3.3 Global LED Secondary Optic Sale Price by Players

3.4 Global LED Secondary Optic Manufacturing Base Distribution, Sales Area, Product Types by Players

3.4.1 Global LED Secondary Optic Manufacturing Base Distribution and Sales Area by Players

3.4.2 Players LED Secondary Optic Products Offered

3.5 Market Concentration Rate Analysis

3.5.1 Competition Landscape Analysis

3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)

3.6 New Products and Potential Entrants

3.7 Mergers & Acquisitions, Expansion

4 LED Secondary Optic by Regions

4.1 LED Secondary Optic by Regions

4.1.1 Global LED Secondary Optic Consumption by Regions

4.1.2 Global LED Secondary Optic Value by Regions

4.2 Americas LED Secondary Optic Consumption Growth

4.3 APAC LED Secondary Optic Consumption Growth

4.4 Europe LED Secondary Optic Consumption Growth

4.5 Middle East & Africa LED Secondary Optic Consumption Growth

5 Americas

5.1 Americas LED Secondary Optic Consumption by Countries

5.1.1 Americas LED Secondary Optic Consumption by Countries (2014-2019)

5.1.2 Americas LED Secondary Optic Value by Countries (2014-2019)

5.2 Americas LED Secondary Optic Consumption by Type

5.3 Americas LED Secondary Optic Consumption by Application

5.4 United States

5.5 Canada

5.6 Mexico

5.7 Key Economic Indicators of Few Americas Countries

6 APAC

6.1 APAC LED Secondary Optic Consumption by Countries

6.1.1 APAC LED Secondary Optic Consumption by Countries (2014-2019)

6.1.2 APAC LED Secondary Optic Value by Countries (2014-2019)

6.2 APAC LED Secondary Optic Consumption by Type

6.3 APAC LED Secondary Optic Consumption by Application

6.4 China

6.5 Japan

6.6 Korea

6.7 Southeast Asia

6.8 India

6.9 Australia

6.10 Key Economic Indicators of Few APAC Countries

7 Europe

7.1 Europe LED Secondary Optic by Countries

7.1.1 Europe LED Secondary Optic Consumption by Countries (2014-2019)

7.1.2 Europe LED Secondary Optic Value by Countries (2014-2019)

7.2 Europe LED Secondary Optic Consumption by Type

7.3 Europe LED Secondary Optic Consumption by Application

7.4 Germany

7.5 France

7.6 UK

7.7 Italy

7.8 Russia

7.9 Spain

7.10 Key Economic Indicators of Few Europe Countries

8 Middle East & Africa

8.1 Middle East & Africa LED Secondary Optic by Countries

8.1.1 Middle East & Africa LED Secondary Optic Consumption by Countries (2014-2019)

8.1.2 Middle East & Africa LED Secondary Optic Value by Countries (2014-2019)

8.2 Middle East & Africa LED Secondary Optic Consumption by Type

8.3 Middle East & Africa LED Secondary Optic Consumption by Application

8.4 Egypt

8.5 South Africa

8.6 Israel

8.7 Turkey

8.8 GCC Countries

9 Market Drivers, Challenges and Trends

9.1 Market Drivers and Impact

9.1.1 Growing Demand from Key Regions

9.1.2 Growing Demand from Key Applications and Potential Industries

9.2 Market Challenges and Impact

9.3 Market Trends

10 Marketing, Distributors and Customer

10.1 Sales Channel

10.1.1 Direct Channels

10.1.2 Indirect Channels

10.2 LED Secondary Optic Distributors

10.3 LED Secondary Optic Customer

11 Global LED Secondary Optic Market Forecast

11.1 Global LED Secondary Optic Consumption Forecast (2019-2024)

11.2 Global LED Secondary Optic Forecast by Regions

11.2.1 Global LED Secondary Optic Forecast by Regions (2019-2024)

11.2.2 Global LED Secondary Optic Value Forecast by Regions (2019-2024)

11.2.3 Americas Consumption Forecast

11.2.4 APAC Consumption Forecast

11.2.5 Europe Consumption Forecast

11.2.6 Middle East & Africa Consumption Forecast

11.3 Americas Forecast by Countries

11.3.1 United States Market Forecast

11.3.2 Canada Market Forecast

11.3.3 Mexico Market Forecast

11.3.4 Brazil Market Forecast

11.4 APAC Forecast by Countries

11.4.1 China Market Forecast

11.4.2 Japan Market Forecast

11.4.3 Korea Market Forecast

11.4.4 Southeast Asia Market Forecast

11.4.5 India Market Forecast

11.4.6 Australia Market Forecast

11.5 Europe Forecast by Countries

11.5.1 Germany Market Forecast

11.5.2 France Market Forecast

11.5.3 UK Market Forecast

11.5.4 Italy Market Forecast

11.5.5 Russia Market Forecast

11.5.6 Spain Market Forecast

11.6 Middle East & Africa Forecast by Countries

11.6.1 Egypt Market Forecast

11.6.2 South Africa Market Forecast

11.6.3 Israel Market Forecast

11.6.4 Turkey Market Forecast

11.6.5 GCC Countries Market Forecast

11.7 Global LED Secondary Optic Forecast by Type

11.8 Global LED Secondary Optic Forecast by Application

12 Key Players Analysis

12.1 Ledlink Optics

12.1.1 Company Details

12.1.2 LED Secondary Optic Product Offered

12.1.3 Ledlink Optics LED Secondary Optic Sales, Revenue, Price and Gross Margin (2017-2019)

12.1.4 Main Business Overview

12.1.5 Ledlink Optics News

12.2 Carclo Optics

12.2.1 Company Details

12.2.2 LED Secondary Optic Product Offered

12.2.3 Carclo Optics LED Secondary Optic Sales, Revenue, Price and Gross Margin (2017-2019)

12.2.4 Main Business Overview

12.2.5 Carclo Optics News

12.3 Auer Lighting

12.3.1 Company Details

12.3.2 LED Secondary Optic Product Offered

12.3.3 Auer Lighting LED Secondary Optic Sales, Revenue, Price and Gross Margin (2017-2019)

12.3.4 Main Business Overview

12.3.5 Auer Lighting News

12.4 LEDIL Oy

12.4.1 Company Details

12.4.2 LED Secondary Optic Product Offered

12.4.3 LEDIL Oy LED Secondary Optic Sales, Revenue, Price and Gross Margin (2017-2019)

12.4.4 Main Business Overview

12.4.5 LEDIL Oy News

12.5 FRAEN Corporation

12.5.1 Company Details

12.5.2 LED Secondary Optic Product Offered

12.5.3 FRAEN Corporation LED Secondary Optic Sales, Revenue, Price and Gross Margin (2017-2019)

12.5.4 Main Business Overview

12.5.5 FRAEN Corporation News

12.6 GAGGIONE (Lednlight)

12.6.1 Company Details

12.6.2 LED Secondary Optic Product Offered

12.6.3 GAGGIONE (Lednlight) LED Secondary Optic Sales, Revenue, Price and Gross Margin (2017-2019)

12.6.4 Main Business Overview

12.6.5 GAGGIONE (Lednlight) News

12.7 Bicom Optics

12.7.1 Company Details

12.7.2 LED Secondary Optic Product Offered

12.7.3 Bicom Optics LED Secondary Optic Sales, Revenue, Price and Gross Margin (2017-2019)

12.7.4 Main Business Overview

12.7.5 Bicom Optics News

12.8 Darkoo Optics

12.8.1 Company Details

12.8.2 LED Secondary Optic Product Offered

12.8.3 Darkoo Optics LED Secondary Optic Sales, Revenue, Price and Gross Margin (2017-2019)

12.8.4 Main Business Overview

12.8.5 Darkoo Optics News

12.9 Aether systems Inc

12.9.1 Company Details

12.9.2 LED Secondary Optic Product Offered

12.9.3 Aether systems Inc LED Secondary Optic Sales, Revenue, Price and Gross Margin (2017-2019)

12.9.4 Main Business Overview

12.9.5 Aether systems Inc News

12.10 B&M Optics

12.10.1 Company Details

12.10.2 LED Secondary Optic Product Offered

12.10.3 B&M Optics LED Secondary Optic Sales, Revenue, Price and Gross Margin (2017-2019)

12.10.4 Main Business Overview

12.10.5 B&M Optics News

12.11 ShenZhen Likeda Optical

12.12 HENGLI Optical

12.13 Brightlx Limited

12.14 Kunrui optical

12.15 FORTECH

12.16 Chun Kuang Optics

12.17 Wuxi Kinglux Glass Lens

13 Research Findings and Conclusion

List of Tables and Figures

Figure Picture of LED Secondary Optic

Table Product Specifications of LED Secondary Optic

Figure LED Secondary Optic Report Years Considered

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