Press release
Global LED Thermal Products Market to Witness a Pronounce Growth During 2023
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.
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Global LED Thermal Products Market: Forecast by Type / Application / Region
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.
Over the next five years, LPI(LP Information) projects that LED Thermal Products will register a 10.9% CAGR in terms of revenue, reach US$ 2440 million by 2023, from US$ 1460 million in 2017.
Global LED Thermal Products Market: Key Players
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.
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Related Information:
United States LED Thermal Products Market Research Report 2018
Europe LED Thermal Products Market Research Report 2018
North America LED Thermal Products Market Research Report 2018
Asia-Pacific LED Thermal Products Market Research Report 2018
China LED Thermal Products Market Research Report 2018
EMEA LED Thermal Products Market Research Report 2018
Global LED Thermal Products Market Research Report 2018
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