Global LED Thermal Products Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

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.
According to our (Global Info Research) latest study, the global LED Thermal Products market size was valued at USD 2333.7 million in 2022 and is forecast to a readjusted size of USD 4759.7 million by 2029 with a CAGR of 10.7% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global LED Thermal Products key players include Sunonwealth, Aavid Thermalloy, Cree Inc., SiTime(Mega), etc.
China is the largest market, with a share nearly 30%, followed by Europe and North America, both have a share over 45 percent. 
In terms of product, Heat Sink covered over 35 % of the market share, and is projected to dominate the market. And based on of application, the largest application is Residential, followed by Office, etc.
This report is a detailed and comprehensive analysis for global LED Thermal Products market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global LED Thermal Products market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global LED Thermal Products market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global LED Thermal Products market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global LED Thermal Products market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for LED Thermal Products
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global LED Thermal Products market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Sunonwealth, Aavid Thermalloy, Cree Inc., 3M and ebm-papst Group, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
LED Thermal Products market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
    Heat Sink
    Ceramic PCB
    Fansink
    Thermal Clad Board
    Thermally Conductive Pad
    Others
Market segment by Application
    Residential
    Office
    Industrial
    Shop
    Automotive
    Others
Major players covered
    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.
Market segment by region, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe LED Thermal Products product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of LED Thermal Products, with price, sales, revenue and global market share of LED Thermal Products from 2018 to 2023.
Chapter 3, the LED Thermal Products competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the LED Thermal Products breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and LED Thermal Products market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of LED Thermal Products.
Chapter 14 and 15, to describe LED Thermal Products sales channel, distributors, customers, research findings and conclusion.