Global LED Driver Market size is expected to reach at USD 11.31 billion by 2025 at a CAGR of +16%.
Technological progress in lighting components has allowed energy efficiency and improved performance, thus strengthening product demand. The increasing penetration of LED lights in various applications, such as outdoor, automotive, industrial and horticultural, has also led to a greater demand for products.
Companies, such as ON Semiconductor and NXO semiconductors, are investing more in R&D to improve the efficiency of existing lighting solutions. This will also have a positive impact on market growth. The governments of several countries have launched smart city initiatives to develop technologically advanced and sustainable living spaces. Sustainable lighting is an essential part of such projects.
A light-emitting diode (LED) is a low energy lighting device with longer life. It consumes less energy than an incandescent light. An LED requires a specialized power supply, which is provided with the help of LED lighting controllers. An LED lighting controller is an electronic device used to provide a regulated power supply to the LED or a functioning LED array. The controller protects the LED from premature failures by regulating the current / voltage provided. Therefore, LED controllers to ensure the proper functioning of LEDs by supplying them with a constant amount of energy.
The Global LED Drivers market research provides a basic overview of the industry that includes definitions, classifications, applications and structure of the industry chain. The market analysis of the Global LED Drivers is provided for international markets, including development trends, competitive landscape analysis and development status of key regions. Policies and development plans are discussed, as well as manufacturing processes and cost structures. This report also establishes consumption, supply, and demand for import/export. Figures, cost, price, income, and gross margins.
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- Osram GmbH (Germany)
- Maxim Integrated (U.S.)
- Macroblock, Inc. (China)
- Harvard Engineering (U.K.)
- Atmel Corporation (U.S.)
- General Electric (U.S.)
- Cree, Inc. (U.S.)
- ROHM Semiconductors (Japan)
- ON Semiconductor (U.S.)
- AC Electronics (U.S.)
- Texas Instruments (U.S.)
Market by Application:
- Consumer Electronics
- Outdoor Display
Key Product Type:
- Step-Up (Boost) LED Drivers
- Step-Down (Buck) LED Drivers
- Buck-Boost LED Drivers
- Multitopology LED Driver
- Module LED Driver
- Southeast Asia
- South America
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The detailed qualitative and quantitative analysis of the market is also included in the report, with the information collected from market participants operating in the main areas of the value-added series of markets. A separate analysis of macro-and micro-economic aspects, rules and trends that affect the overall development of the market has also been included in the report.
Following are the List of Chapter Covers in the Global LED Drivers Market:
- Global LED Drivers Market Overview
- Global Economic Impact on Industry
- Global Market Competition by Manufacturers
- Global Market Analysis by Application
- Marketing Strategy Analysis, Distributors/Traders
- Market Effect Factors Analysis
- Global LED Drivers Market Forecast
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To conclude, the Global LED Drivers Market study provides an effective business outlook, different case studies from various top-level industry experts, business owners, and policymakers have been included to get a clear vision about business methodologies to the readers. SWOT and Porter’s five models have been used for analyzing the Global LED Drivers Market on the basis of strengths, challenges and global opportunities in front of the businesses.
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