Global LED Thermal Products Industry Projected to Reach 3060 Million US$ by 2025, at a CAGR of 11.2%
This study focuses on the production side and consumption side of LED Thermal Products, presents the global LED Thermal Products market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the LED Thermal Products capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of LED Thermal Products by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
Most of the electricity in an LED becomes heat rather than light (about 70% heat and 30% light). If this heat is not removed, the LEDs run at high temperatures, which not only lowers their efficiency, but also makes the LED less reliable. Therefore, LED Thermal Products are used to remove or decrease the heat that created by LED.
The automotive lighting market is growing steadily. The 2015 market size is estimated approximately 3.06 percent of total market. This is expected to drop to 2.88 percent of total market by 2021.
LED automotive lighting developments have gradually shifted from high class car models to mid to high class car models. Laser lights are expected to fill the void left by LED lights in the high class car model sectors, but since automotive laser supplies are only available in small volumes it will be applied in specific car brands and car models.
It is hoped the proliferation of laser car lights will spread to more car models, following the entry of more suppliers in the market. In addition, adaptive driving beam are an emerging trend. Adaptive driving beam headlights control semiconductor that are incorporated in the LED headlight, shutting off particular lighting beam area, which prevents glaring issue from oncoming vehicles. Adaptive driving beam headlights allow both high brightness and security at the same time and has become one of the main highlighted developments for each manufacturer.
The LED Thermal Products market was valued at 1460 Million US$ in 2017 and is projected to reach 3060 Million US$ by 2025, at a CAGR of 11.2% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for LED Thermal Products.
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This report includes the following manufacturers; we can also add the other companies as you want.
- Aavid Thermalloy
- Cree Inc.
- ebm-papst Group
- t-Global Technology
- Molex, LLC
- TE Connectivity
- Advanced Thermal Solutions Inc.
- LEDdynamics Inc.
Market Segment by Product Type
- Heat Sink
- Ceramic PCB
- Thermal Clad Board
- Thermally Conductive Pad
Market Segment by Application
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