Lead iodide, Pb12, is a layered semiconductor. The luminescence processes, of 2H-PbI2 single crystals, have been examined utilizing microwave modulated photoluminescence (MMPL) and thermal modulated photoluminescence (TMPL) spectroscopies. In the MMPL experiment, the microwaveelectric field induces a thermal heating of free carriers. The hot carriers effect on luminescence processes is discussed. On the basis of the experimental evidence, we suggest that the hot carriers influence the luminescence processes of excitons by reducing their cross section of formation. The TMPL experiments showed that thermal modulation has created a bolometric effect followed by equilibrium redistribution of carriers among the emitting states.