openPR Logo
Press release

Global LED Panel Light Drivers Market Technological Improvements Steering Growth during 2018-2028 / Koninklijke Philips N.V., OSRAM Pvt. Ltd., Havells India Ltd, Wipro Limited, Bajaj Electricals Ltd., Eveready Industries India Ltd

01-07-2019 07:43 AM CET | IT, New Media & Software

Press release from: Fact.MR

Global LED Panel Light Drivers Market Technological

As the infrastructure of companies is improving, the usage of LED panel light drivers is also increasing. An LED panel light is a type of lighting fixture designed to replace traditional fluorescent ceiling lights. The LED panel light is the new technology in the market. Several consumers adopt LED panel lights due to their sleek look and innovative features & design. LED panel light drivers are mostly used in offices to provide well-distributed and uniform lighting for work areas. LED panel lights are the most reliable and easy options to illuminate the floors. LED panel light drivers play an essential role in LED panel lights because they control fluctuations in electricity and prevent the LED panel lights from getting damaged. The primary purpose of LED panel light drivers is to illuminate the floor. The adoption of LED panel lights in different sectors, industries, offices and warehouses is increasing the demand for LED Panel Light Drivers Market.

Request Brochure of this Report- https://www.factmr.com/connectus/sample?flag=B&rep_id=1294

LED panel lights are ideal for illuminating the indoor spaces of offices and residential sectors. They are also used in several indoor platforms, such as manufacturing facilities, gymnasiums, warehouses and more.

Increase in the number of new entrants in corporate sectors has boosted the adoption of LED panel lights. New business entrants and organisations are working continuously to create an innovative ambiance in their business premises, which is increasing the adoption of LED panel light drivers. On the other hand, LED panel light drivers and lights are now commonly used for the interior decoration of homes owing to several reasons, which include quality, material, different colour options, flexibility in design, energy efficiency and the long lifespan of LED panel drivers & lights. These are some of the factors driving the market of LED panel light drivers.

However, due to their multiple features, LED panel light drivers are not able to save power. LED panel light drivers deliver lower output as compared to other spot LED downlights that consume the same watts of power, owing to their diffuser that helps spread light uniformly. Moreover, there are areas in developing regions where traditional lamps, CFLs and other types of lighting are still being used.  

To know more about the LED Panel Light Drivers Market Visit the link- https://www.factmr.com/report/1294/led-panel-light-drivers-market

In these regions, LEDs are not widely used due to their higher price as compared to traditional lighting products. This acts as a restraint for the LED panel light drivers market as these there is no demand for LED panel light drivers in these regions. The above-mentioned factors are expected to hamper the growth of the market.

LED Panel Light Drivers Market: Key Players

Examples of some of the market participants in the global LED panel light drivers market identified across the value chain include Koninklijke Philips N.V., OSRAM Pvt. Ltd., Havells India Ltd, Wipro Limited, Bajaj Electricals Ltd., Eveready Industries India Ltd., Syska Hennessy Group, Ajanta Manufacturing Limited and Moser Baer India Limited.

LED Panel Light Drivers Market: Regional Overview

On the basis of geography, the LED panel light drivers market can be segmented as North America, Latin America, Europe, CIS & Russia, Asia Pacific excluding Japan, Japan and the Middle East & Africa. Among various regions, Greater China and India are expected to be the largest markets, and Japan is expected to be an emerging market due to the increasing penetration of LED panel lights in the residential and commercial sectors. Production and usage of LED panel lights in Greater China is the highest and urbanisation of infrastructure in the country is expected to propel the demand for lighting products. In the MEA region, there is high demand for LED panel light drivers owing to smart city projects in Qatar and UAE. In terms of value, the North America region is expected to dominate the LED panel light drivers market followed by China and Asia Pacific excluding Japan, and Greater China, the U.S. and India are expected to be among regions holding a significant market share.

Request TOC of this Report- https://www.factmr.com/connectus/sample?flag=T&rep_id=1294

About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Blog: https://factmrblog.com/
Read Industry News at - https://www.industrynewsanalysis.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global LED Panel Light Drivers Market Technological Improvements Steering Growth during 2018-2028 / Koninklijke Philips N.V., OSRAM Pvt. Ltd., Havells India Ltd, Wipro Limited, Bajaj Electricals Ltd., Eveready Industries India Ltd here

News-ID: 1473696 • Views: 187

More Releases from Fact.MR

07-02-2020 | Health & Medicine
Fact.MR
Medical Device Contract Manufacturing Market Set for Strong Growth, Production F …
The medical device contract manufacturing market is poised to expand at a CAGR of 11.3% during the forecast period (2020-2026). This is attributed to rapidly evolving healthcare industry and increasing adoption of technologically advanced surgical procedures. A number of original equipment manufacturers (OEMs) and contract manufacturers have been focusing on advanced technologies such as robotics, 3D-printing, and minimally invasive surgeries. Mergers & acquisition activities among leading players have greatly accelerated
06-02-2020 | Health & Medicine
Fact.MR
Fluid Management Market Expected to Grow Amid Covid-19, Finds Fact.MR
Growing prevalence of chronic disease and an expansion in numbers of geriatric population is leading to an upward facing growth curve for global fluid management market over the period of 2020 to 2025, states Fact.MR. It projects a compound annual growth rate or CAGR of about 5.3% for the market over this period, helping the market push its worth up significantly. It is significant to note here that while number of
Hand Sanitizer Market to Surpass US$ 2.8 Bn, Instant Hand Sanitizer Poised to Ho …
The global hand sanitizer market is set to surpass a value of ~US$ 1.4 Bn in 2020 and is anticipated to cross US$ ~2.8 Bn during the forecast period 2020-2030. The demand for gel-based sanitizer is on the rise as compared to foaming or spray sanitizer. Thus, manufacturers are focusing on developing gel-based sanitizers as they are widely used in multiple end-use industries. With the increased penetration of the online
03-20-2020 | Health & Medicine
Fact.MR
Medical Marker Bands Market Grows on the back of Their Radiopacity and Cost-effe …
Radiopacity of medical marker bands is giving significant impetus to their demand in the medical marker bands market. The properties of medical marker bands that increases their visibility under fluoroscopes or x-ray during critical procedures is giving an uptick to their sales worldwide. Manufacturers of medical marker bands are also showing a marked preference for cost-effective materials such as polymer and tantalum instead of traditional gold, platinum and palladium. On

All 5 Releases


More Releases for LED

Global LED Packaging Market Size Detail Analysis focusing Market Segmentation li …
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation like Lamp-LED, Side-LED, TOP-LED, High-Power LED, SMD-LED, and Flip-Chip LED & more The LED market is one of the quickly growing segments as they are replacing the traditional lighting equipment like bulbs due to their high efficiency and power saving capability. The LED packaging industry is also growing with innovations along with the LED industry as new technologies are being included
Global LED Driver (LED Lighting Driver) Market Research Report
This report studies the global LED Driver (LED Lighting Driver) market status and forecast, categorizes the global LED Driver (LED Lighting Driver) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions. Get sample copy of the report: https://www.marketdensity.com/contact?ref=Sample&reportid=68754 Table of Contents: Table of Contents Global LED Driver (LED Lighting Driver) Market Research Report
Global LED Packaging Market
Global LED Packaging Market is expected to reach US$ 34.29 Bn by 2026 from US$ 18.2 Bn in 2016 at a CAGR of 6.54%. The factors such as increasing demand for high power grade LED packages for lighting applications, rising demand for LED packages in the display panel market, growing government initiatives and regulations for adoption of energy-efficient LED lighting and increasing demand for smart LED lighting solutions are responsible
LED Lighting Optics Market
“Global LED Lighting Optics Market Insights, Forecast to 2025” This report researches the worldwide LED Lighting Optics Market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions. The report provides a unique tool for evaluating the Market, highlighting opportunities, and supporting strategies. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date Marketing information is essential to monitor
LED Services Market - Energy Efficiency of LED Lighting Boosts Uptake
The world LED services market is projected to be highly competitive with many crucial market players vying to withstand the market competition with innovative product offerings and by improving the functionality of their already existing products. Sponsorship of industry events and various long term lighting contracts are some of the significant growth strategies for the success of this market. One of the significant growth promoting elements of the world market for
Global Led Writing Board
Global Led Writing Board: Led Writing Board Report by Material, Application, and Geography – Global Forecast to 2021 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China). For sample report: http://www.reporthive.com/request-sample.php?id=809563 The report firstly introduced the Led Writing Board basics: definitions, classifications, applications and