Global LED Driver for Lighting Market to Reach $44.4 Billion by 2026 – PR Newswire

April 18, 2022 by No Comments

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Edition: 8; Released: February 2022
Executive Pool: 4772
Companies: 64 – Players covered include AC Electronics; Atmel Corporation; Cree, Inc.; General Electric Company; Koninklijke Philips NV; Macroblock, Inc; Maxim Integrated Products, Inc.; ON Semiconductor Corporation; OSRAM GmbH; Rohm Semiconductors; Texas Instruments, Inc. and Others.
Coverage: All major geographies and key segments
Segments: Luminaire Type (Type A-Lamps, T-Lamps, Integral LED Modules, and Other Luminaire Types); Driving Method (Constant Current LED Driver, and Constant Voltage LED Driver); End-Use (Commercial Lighting, Industrial Lighting, Residential Lighting, Outdoor & Traffic Lighting, and Other End-Uses)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

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Global LED Driver for Lighting Market to Reach $44.4 Billion by 2026

LED lighting drivers are electronic devices that play an important role in delivering regulated, constant and reliable power supply to LED lights for ensuring smooth functioning and preventing premature failure of LEDs. LED lighting drivers control LEDs and allow users to vary their intensity according to the requirement. These devices offer various advantages for LEDs with compact footprint, reliable operation and enhanced efficiency over the dimming curve. Amid the COVID-19 crisis, the global market for LED Driver for Lighting estimated at US$20.9 Billion in the year 2022, is projected to reach a revised size of US$44.4 Billion by 2026, registering a compounded annual growth rate (CAGR) of 21.6% over the analysis period. Europe represents the largest regional market for LED Driver for Lighting, and is projected to reach US$12.2 Billion</…….



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