LED Secondary Optic Market is expected to grow at a CAGR of 18.73% during the forecast period. Global LED Secondary Optic Market is expected to reach US$ 3.94 Bn. by 2029.LED secondary optic market Definition
LED secondary optic is the component which is basically used to control or adjust the LED light output. It is also used to enhance light distribution, intensity and colour uniformity of the targeted area.To know about the Research Methodology :- Request Free Sample Report The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.
LED secondary optic market Dynamics
A rising adoption of LED secondary optic in LED fixtures owing to its benefits such as high intensity than LED primary optics and growing market LED technology across the globe are major driving factors behind the growth of market. A growing adoption of LED secondary optics in wireless and smart LED devices, rising shifts towards using LED lighting solutions in residential and commercial applications, a growing trend of adopting smart lighting solutions, rising governments projects such as smart city, increasing government initiatives to adopt energy efficient lighting solutions and vast availability of LED secondary optics in various sizes and shapes are expected to improve the growth of the market during the forecast period. Nevertheless, high initial cost of LED secondary optics-based products is the major restraining factor that could hamper the growth of the market.LED Secondary Optic Market: Segmentation Analysis
By type, reflectors segment dominated the market in 2022. However, LED secondary lens segment is projected to witness fast growth at a CAGR of xx% during the forecast period. Reflectors are generally made using metal as well as plastic. LED reflectors are cost-effective and are very easy to implement. Conversely, LED secondary lenses are used in various materials as polybutylene terephthalate (PBT) and polymethyl methacrylate (PMMA). A growing use of PMMA material as it offers lighting efficiency up to 90%, high fragility, reduced unwanted glare, high intensity, and ability to work under high temperature and current conditions is attributed to the growth of the market. A rapid deployment of LED reflectors and lenses in various types of light fixtures such as high-bay, street lights, sconces, wall-wash, emergency beacons, down lights, horticultural lighting and parking garage lighting are expected to improve the growth of the market in the coming years.LED Secondary Optic Market: Regional Analysis
Region-wise, North America dominated the market in 2022 and is expected to maintain its dominance at a CAGR of xx% during the forecast period. The US and Canada are the major contributors behind the growth of the market in the region. The growth is attributed to the growing market for LED industry across the region. Increasing demand of energy efficient lighting solutions, rising adoption of smart homes along with the smart lighting solutions, rising government initiatives to save energy and surge in the adoption of LED lighting technology in street and automotive lighting applications across the region are driving the growth of the market in the NA region. The objective of the report is to present a comprehensive analysis of the Global LED Secondary Optic Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global LED Secondary Optic Market dynamics, structure by analyzing the market segments and projects the Global LED Secondary Optic Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global LED Secondary Optic Market make the report investor’s guide.The Scope of Global LED Secondary Optic Market: Inquire before buying
Global LED Secondary Optic Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2017 to 2022 Market Size in 2022: US $ 1.18 Bn. Forecast Period 2023 to 2029 CAGR: 18.73% Market Size in 2029: US $ 3.94 Bn. Segments Covered: by Product • Reflector • LED Secondary Lens by Application • Street Lighting • Commercial Lighting • Architectural Lighting • Indoor Lighting • Automotive Lighting • Others LED Secondary Optic Market, by Region
• North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)LED Secondary Optic Market, Key Players are:
• Ledlink Optics • Auer Lighting • Carclo Optics • FRAEN Corporation • LEDIL Oy • Bicom Optics • GAGGIONE • Aether systems Inc • Osram • Darkoo Optics • Philips Lighting • Cree Inc • Nanoleaf • Panasonic • GE Lighting • Ilumi • Samsung Frequently Asked Questions: 1. Which region has the largest share in Global LED Secondary Optic Market ? Ans: North America held the highest share in 2022. 2. What is the growth rate of Global LED Secondary Optic Market ? Ans: The Global LED Secondary Optic Market is growing at a CAGR of 18.73% during forecasting period 2023-2029. 3. What is scope of the Global LED Secondary Optic Market report? Ans: Global LED Secondary Optic Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global LED Secondary Optic Market ? Ans: The important key players in the Global LED Secondary Optic Market are – Ledlink Optics, Auer Lighting, Carclo Optics, FRAEN Corporation, LEDIL Oy, Bicom Optics, GAGGIONE, Aether systems Inc, Osram, Darkoo Optics, Philips Lighting, Cree Inc, Nanoleaf, Panasonic, GE Lighting, Ilumi, Samsung,. 5. What is the study period of this Market? Ans: The Global LED Secondary Optic Market is studied from 2022 to 2029.
Global LED Secondary Optic Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global LED Secondary Optic Market Size, by Market Value (US$ Bn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global LED Secondary Optic Market Analysis and Forecast 6.1. LED Secondary Optic Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global LED Secondary Optic Market Analysis and Forecast, By Product Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. LED Secondary Optic Market Value Share Analysis, By Product Type 7.4. LED Secondary Optic Market Size (US$ Bn) Forecast, By Product Type 7.5. LED Secondary Optic Market Analysis, By Product Type 7.6. LED Secondary Optic Market Attractiveness Analysis, By Product Type 8. Global LED Secondary Optic Market Analysis and Forecast, By Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. LED Secondary Optic Market Value Share Analysis, By Application 8.4. LED Secondary Optic Market Size (US$ Bn) Forecast, By Application 8.5. LED Secondary Optic Market Analysis, By Application 8.6. LED Secondary Optic Market Attractiveness Analysis, By Application 9. Global LED Secondary Optic Market Analysis, by Region 9.1. LED Secondary Optic Market Value Share Analysis, by Region 9.2. LED Secondary Optic Market Size (US$ Bn) Forecast, by Region 9.3. LED Secondary Optic Market Attractiveness Analysis, by Region 10. North America LED Secondary Optic Market Analysis 10.1. Key Findings 10.2. North America LED Secondary Optic Market Overview 10.3. North America LED Secondary Optic Market Value Share Analysis, By Product Type 10.4. North America LED Secondary Optic Market Forecast, By Product Type 10.4.1. Reflector 10.4.2. LED Secondary Lens 10.5. North America LED Secondary Optic Market Value Share Analysis, By Application 10.6. North America LED Secondary Optic Market Forecast, By Application 10.6.1. Street Lighting 10.6.2. Commercial Lighting 10.6.3. Architectural Lighting 10.6.4. Indoor Lighting 10.6.5. Automotive Lighting 10.6.6. Others 10.7. North America LED Secondary Optic Market Value Share Analysis, by Country 10.8. North America LED Secondary Optic Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America LED Secondary Optic Market Analysis, by Country 10.10. U.S. LED Secondary Optic Market Forecast, By Product Type 10.10.1. Reflector 10.10.2. LED Secondary Lens 10.11. U.S. LED Secondary Optic Market Forecast, By Application 10.11.1. Street Lighting 10.11.2. Commercial Lighting 10.11.3. Architectural Lighting 10.11.4. Indoor Lighting 10.11.5. Automotive Lighting 10.11.6. Others 10.12. Canada LED Secondary Optic Market Forecast, By Product Type 10.12.1. Reflector 10.12.2. LED Secondary Lens 10.13. Canada LED Secondary Optic Market Forecast, By Application 10.13.1. Street Lighting 10.13.2. Commercial Lighting 10.13.3. Architectural Lighting 10.13.4. Indoor Lighting 10.13.5. Automotive Lighting 10.13.6. Others 10.14. North America LED Secondary Optic Market Attractiveness Analysis 10.14.1. By Product Type 10.14.2. By Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Developments 11. Europe LED Secondary Optic Market Analysis 11.1. Key Findings 11.2. Europe LED Secondary Optic Market Overview 11.3. Europe LED Secondary Optic Market Value Share Analysis, By Product Type 11.4. Europe LED Secondary Optic Market Forecast, By Product Type 11.4.1. Reflector 11.4.2. LED Secondary Lens 11.5. Europe LED Secondary Optic Market Value Share Analysis, By Application 11.6. Europe LED Secondary Optic Market Forecast, By Application 11.6.1. Street Lighting 11.6.2. Commercial Lighting 11.6.3. Architectural Lighting 11.6.4. Indoor Lighting 11.6.5. Automotive Lighting 11.6.6. Others 11.7. Europe LED Secondary Optic Market Value Share Analysis, by Country 11.8. Europe LED Secondary Optic Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Norway 11.8.7. Russia 11.8.8. Rest of Europe 11.9. Europe LED Secondary Optic Market Analysis, by Country 11.10. Germany LED Secondary Optic Market Forecast, By Product Type 11.10.1. Reflector 11.10.2. LED Secondary Lens 11.11. Germany LED Secondary Optic Market Forecast, By Application 11.11.1. Street Lighting 11.11.2. Commercial Lighting 11.11.3. Architectural Lighting 11.11.4. Indoor Lighting 11.11.5. Automotive Lighting 11.11.6. Others 11.12. U.K. LED Secondary Optic Market Forecast, By Product Type 11.12.1. Reflector 11.12.2. LED Secondary Lens 11.13. U.K. LED Secondary Optic Market Forecast, By Application 11.13.1. Street Lighting 11.13.2. Commercial Lighting 11.13.3. Architectural Lighting 11.13.4. Indoor Lighting 11.13.5. Automotive Lighting 11.13.6. Others 11.14. France LED Secondary Optic Market Forecast, By Product Type 11.14.1. Reflector 11.14.2. LED Secondary Lens 11.15. France LED Secondary Optic Market Forecast, By Application 11.15.1. Street Lighting 11.15.2. Commercial Lighting 11.15.3. Architectural Lighting 11.15.4. Indoor Lighting 11.15.5. Automotive Lighting 11.15.6. Others 11.16. Italy LED Secondary Optic Market Forecast, By Product Type 11.16.1. Reflector 11.16.2. LED Secondary Lens 11.17. Italy LED Secondary Optic Market Forecast, By Application 11.17.1. Street Lighting 11.17.2. Commercial Lighting 11.17.3. Architectural Lighting 11.17.4. Indoor Lighting 11.17.5. Automotive Lighting 11.17.6. Others 11.18. Spain LED Secondary Optic Market Forecast, By Product Type 11.18.1. Reflector 11.18.2. LED Secondary Lens 11.19. Spain LED Secondary Optic Market Forecast, By Application 11.19.1. Street Lighting 11.19.2. Commercial Lighting 11.19.3. Architectural Lighting 11.19.4. Indoor Lighting 11.19.5. Automotive Lighting 11.19.6. Others 11.20. Norway LED Secondary Optic Market Forecast, By Product Type 11.20.1. Reflector 11.20.2. LED Secondary Lens 11.21. Norway LED Secondary Optic Market Forecast, By Application 11.21.1. Street Lighting 11.21.2. Commercial Lighting 11.21.3. Architectural Lighting 11.21.4. Indoor Lighting 11.21.5. Automotive Lighting 11.21.6. Others 11.22. Russia LED Secondary Optic Market Forecast, By Product Type 11.22.1. Reflector 11.22.2. LED Secondary Lens 11.23. Russia LED Secondary Optic Market Forecast, By Application 11.23.1. Street Lighting 11.23.2. Commercial Lighting 11.23.3. Architectural Lighting 11.23.4. Indoor Lighting 11.23.5. Automotive Lighting 11.23.6. Others 11.24. Rest of Europe LED Secondary Optic Market Forecast, By Product Type 11.24.1. Reflector 11.24.2. LED Secondary Lens 11.25. Rest of Europe LED Secondary Optic Market Forecast, By Application 11.25.1. Street Lighting 11.25.2. Commercial Lighting 11.25.3. Architectural Lighting 11.25.4. Indoor Lighting 11.25.5. Automotive Lighting 11.25.6. Others 11.26. Europe LED Secondary Optic Market Attractiveness Analysis 11.26.1. By Product Type 11.26.2. By Application 11.27. PEST Analysis 11.28. Key Trends 11.29. Key Developments 12. Asia Pacific LED Secondary Optic Market Analysis 12.1. Key Findings 12.2. Asia Pacific LED Secondary Optic Market Overview 12.3. Asia Pacific LED Secondary Optic Market Value Share Analysis, By Product Type 12.4. Asia Pacific LED Secondary Optic Market Forecast, By Product Type 12.4.1. Reflector 12.4.2. LED Secondary Lens 12.5. Asia Pacific LED Secondary Optic Market Value Share Analysis, By Application 12.6. Asia Pacific LED Secondary Optic Market Forecast, By Application 12.6.1. Street Lighting 12.6.2. Commercial Lighting 12.6.3. Architectural Lighting 12.6.4. Indoor Lighting 12.6.5. Automotive Lighting 12.6.6. Others 12.7. Asia Pacific LED Secondary Optic Market Value Share Analysis, by Country 12.8. Asia Pacific LED Secondary Optic Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. South Korea 12.8.5. Australia 12.8.6. Malaysia 12.8.7. Indonesia 12.8.8. Rest of Asia Pacific 12.9. Asia Pacific LED Secondary Optic Market Analysis, by Country 12.10. China LED Secondary Optic Market Forecast, By Product Type 12.10.1. Reflector 12.10.2. LED Secondary Lens 12.11. China LED Secondary Optic Market Forecast, By Application 12.11.1. Street Lighting 12.11.2. Commercial Lighting 12.11.3. Architectural Lighting 12.11.4. Indoor Lighting 12.11.5. Automotive Lighting 12.11.6. Others 12.12. India LED Secondary Optic Market Forecast, By Product Type 12.12.1. Reflector 12.12.2. LED Secondary Lens 12.13. India LED Secondary Optic Market Forecast, By Application 12.13.1. Street Lighting 12.13.2. Commercial Lighting 12.13.3. Architectural Lighting 12.13.4. Indoor Lighting 12.13.5. Automotive Lighting 12.13.6. Others 12.14. Japan LED Secondary Optic Market Forecast, By Product Type 12.14.1. Reflector 12.14.2. LED Secondary Lens 12.15. Japan LED Secondary Optic Market Forecast, By Application 12.15.1. Street Lighting 12.15.2. Commercial Lighting 12.15.3. Architectural Lighting 12.15.4. Indoor Lighting 12.15.5. Automotive Lighting 12.15.6. Others 12.16. South Korea LED Secondary Optic Market Forecast, By Product Type 12.16.1. Reflector 12.16.2. LED Secondary Lens 12.17. South Korea LED Secondary Optic Market Forecast, By Application 12.17.1. Street Lighting 12.17.2. Commercial Lighting 12.17.3. Architectural Lighting 12.17.4. Indoor Lighting 12.17.5. Automotive Lighting 12.17.6. Others 12.18. Australia LED Secondary Optic Market Forecast, By Product Type 12.18.1. Reflector 12.18.2. LED Secondary Lens 12.19. Australia LED Secondary Optic Market Forecast, By Application 12.19.1. Street Lighting 12.19.2. Commercial Lighting 12.19.3. Architectural Lighting 12.19.4. Indoor Lighting 12.19.5. Automotive Lighting 12.19.6. Others 12.20. Malaysia LED Secondary Optic Market Forecast, By Product Type 12.20.1. Reflector 12.20.2. LED Secondary Lens 12.21. Malaysia LED Secondary Optic Market Forecast, By Application 12.21.1. Street Lighting 12.21.2. Commercial Lighting 12.21.3. Architectural Lighting 12.21.4. Indoor Lighting 12.21.5. Automotive Lighting 12.21.6. Others 12.22. Indonesia LED Secondary Optic Market Forecast, By Product Type 12.22.1. Reflector 12.22.2. LED Secondary Lens 12.23. Indonesia LED Secondary Optic Market Forecast, By Application 12.23.1. Street Lighting 12.23.2. Commercial Lighting 12.23.3. Architectural Lighting 12.23.4. Indoor Lighting 12.23.5. Automotive Lighting 12.23.6. Others 12.24. Rest of Asia Pacific LED Secondary Optic Market Forecast, By Product Type 12.24.1. Reflector 12.24.2. LED Secondary Lens 12.25. Rest of Asia Pacific LED Secondary Optic Market Forecast, By Application 12.25.1. Street Lighting 12.25.2. Commercial Lighting 12.25.3. Architectural Lighting 12.25.4. Indoor Lighting 12.25.5. Automotive Lighting 12.25.6. Others 12.26. Asia Pacific LED Secondary Optic Market Attractiveness Analysis 12.26.1. By Product Type 12.26.2. By Application 12.27. PEST Analysis 12.28. Key Trends 12.29. Key Developments 13. Middle East & Africa LED Secondary Optic Market Analysis 13.1. Key Findings 13.2. Middle East & Africa LED Secondary Optic Market Overview 13.3. Middle East & Africa LED Secondary Optic Market Value Share Analysis, By Product Type 13.4. Middle East & Africa LED Secondary Optic Market Forecast, By Product Type 13.4.1. Reflector 13.4.2. LED Secondary Lens 13.5. Middle East & Africa LED Secondary Optic Market Value Share Analysis, By Application 13.6. Middle East & Africa LED Secondary Optic Market Forecast, By Application 13.6.1. Street Lighting 13.6.2. Commercial Lighting 13.6.3. Architectural Lighting 13.6.4. Indoor Lighting 13.6.5. Automotive Lighting 13.6.6. Others 13.7. Middle East & Africa LED Secondary Optic Market Value Share Analysis, by Country 13.8. Middle East & Africa LED Secondary Optic Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa LED Secondary Optic Market Analysis, by Country 13.10. GCC LED Secondary Optic Market Forecast, By Product Type 13.10.1. Reflector 13.10.2. LED Secondary Lens 13.11. GCC LED Secondary Optic Market Forecast, By Application 13.11.1. Street Lighting 13.11.2. Commercial Lighting 13.11.3. Architectural Lighting 13.11.4. Indoor Lighting 13.11.5. Automotive Lighting 13.11.6. Others 13.12. South Africa LED Secondary Optic Market Forecast, By Product Type 13.12.1. Reflector 13.12.2. LED Secondary Lens 13.13. South Africa LED Secondary Optic Market Forecast, By Application 13.13.1. Street Lighting 13.13.2. Commercial Lighting 13.13.3. Architectural Lighting 13.13.4. Indoor Lighting 13.13.5. Automotive Lighting 13.13.6. Others 13.14. Rest of Middle East & Africa LED Secondary Optic Market Forecast, By Product Type 13.14.1. Reflector 13.14.2. LED Secondary Lens 13.15. Rest of Middle East & Africa LED Secondary Optic Market Forecast, By Application 13.15.1. Street Lighting 13.15.2. Commercial Lighting 13.15.3. Architectural Lighting 13.15.4. Indoor Lighting 13.15.5. Automotive Lighting 13.15.6. Others 13.16. Middle East & Africa LED Secondary Optic Market Attractiveness Analysis 13.16.1. By Product Type 13.16.2. By Application 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Developments 14. South America LED Secondary Optic Market Analysis 14.1. Key Findings 14.2. South America LED Secondary Optic Market Overview 14.3. South America LED Secondary Optic Market Value Share Analysis, By Product Type 14.4. South America LED Secondary Optic Market Forecast, By Product Type 14.4.1. Reflector 14.4.2. LED Secondary Lens 14.5. South America LED Secondary Optic Market Value Share Analysis, By Application 14.6. South America LED Secondary Optic Market Forecast, By Application 14.6.1. Street Lighting 14.6.2. Commercial Lighting 14.6.3. Architectural Lighting 14.6.4. Indoor Lighting 14.6.5. Automotive Lighting 14.6.6. Others 14.7. South America LED Secondary Optic Market Value Share Analysis, by Country 14.8. South America LED Secondary Optic Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Argentina 14.8.4. Rest of South America 14.9. South America LED Secondary Optic Market Analysis, by Country 14.10. Brazil LED Secondary Optic Market Forecast, By Product Type 14.10.1. Reflector 14.10.2. LED Secondary Lens 14.11. Brazil LED Secondary Optic Market Forecast, By Application 14.11.1. Street Lighting 14.11.2. Commercial Lighting 14.11.3. Architectural Lighting 14.11.4. Indoor Lighting 14.11.5. Automotive Lighting 14.11.6. Others 14.12. Mexico LED Secondary Optic Market Forecast, By Product Type 14.12.1. Reflector 14.12.2. LED Secondary Lens 14.13. Mexico LED Secondary Optic Market Forecast, By Application 14.13.1. Street Lighting 14.13.2. Commercial Lighting 14.13.3. Architectural Lighting 14.13.4. Indoor Lighting 14.13.5. Automotive Lighting 14.13.6. Others 14.14. Argentina LED Secondary Optic Market Forecast, By Product Type 14.14.1. Reflector 14.14.2. LED Secondary Lens 14.15. Argentina LED Secondary Optic Market Forecast, By Application 14.15.1. Street Lighting 14.15.2. Commercial Lighting 14.15.3. Architectural Lighting 14.15.4. Indoor Lighting 14.15.5. Automotive Lighting 14.15.6. Others 14.16. Rest of South America LED Secondary Optic Market Forecast, By Product Type 14.16.1. Reflector 14.16.2. LED Secondary Lens 14.17. Rest of South America LED Secondary Optic Market Forecast, By Application 14.17.1. Street Lighting 14.17.2. Commercial Lighting 14.17.3. Architectural Lighting 14.17.4. Indoor Lighting 14.17.5. Automotive Lighting 14.17.6. Others 14.18. South America LED Secondary Optic Market Attractiveness Analysis 14.18.1. By Product Type 14.18.2. By Application 14.19. PEST Analysis 14.20. Key Trends 14.21. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Vehicles and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Vehicles 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Ledlink Optics 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Development Footprint 15.3.2. Auer Lighting 15.3.3. Carclo Optics 15.3.4. FRAEN Corporation 15.3.5. LEDIL Oy 15.3.6. Bicom Optics 15.3.7. GAGGIONE 15.3.8. Aether systems Inc 15.3.9. Osram 15.3.10. Darkoo Optics 15.3.11. Philips Lighting 15.3.12. Cree Inc 15.3.13. Nanoleaf 15.3.14. Panasonic 15.3.15. GE Lighting 15.3.16. Ilumi 15.3.17. Samsung 16. Primary Key Insights