Press release
LED Driver Market To Be Driven By The Growing Incorporation Of LEDs Over Traditional Lights In The Forecast Period Of 2021-2026
LED Driver Market
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter's Five Forces models.
Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/led-driver-market/requestsample
The key highlights of the report include:
Market Overview (2016-2026)
Historical Market Size (2020): USD 5.9 billion
Forecast CAGR (2021-2026): 33%
As LEDs become more commonly employed as a replacement to traditional light, the global LED driver market is growing at a healthy rate. Traditional lighting products have disadvantages that LEDs do not.
LEDs have a longer life span, are more energy-efficient than conventional items, are smaller, and produce less heat. Furthermore, as the number of smart homes grows, so does the demand for IoT-based connected lighting solutions, which is propelling the global LED driver market forward.
As a result of the numerous measures launched by governments throughout the world to enhance the energy efficiency, the global LED driver market is further booming.
Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/led-driver-market
Industry Definition and Major Segments
An LED driver is a chip or circuit board that controls the power supply and maintains a steady current supply to an LED light with unique energy requirements.
On the basis of driving methods, the market is segmented into:
Constant Voltage
Constant Current
By product, the market is classified as:
Lamp
Luminaire
On the basis of its form, the market is classified as:
Non-dimmable
Dimmable
Based on technology, the market is segmented as :
Smart
Conventional
On the basis of its component, the market is divided into:
Driver ICS
Discrete Components
Others
By end use, the market is classified as:
Residential
Commercial
Industrial
Others
Based on region, the market is classified as:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Market Trends
Rapid technological improvements in lighting parts or components have resulted in increased energy economy and effectiveness, boosting demand for the product and assisting the global LED driver market. The growing use of LED lighting in a variety of applications, such as the indoor, automotive, industrial, and horticulture industries, has boosted the LED driver industry's growth by reducing the requirements for current lighting solutions.
The growing use of LED drivers in devices such as calculators is projected to fuel the LED driver industry's expansion. Also, governments in many countries have initiated smart city programmes in order to produce technologically advanced and sustainable living spaces, which are projected to boost the industry's growth because sustainable lighting, such as LED, is a key component of these initiatives.
Key Market Players
The major players in the market are Maxim Integrated, Inc, Osram Gmbh, Koninklijke Philips N.V., Harvard Power Systems Ltd., Texas Instruments, Inc., Signify Lighting NV, Macroblock, Inc, Seoul Semiconductor, Cree, Atmel Corporation, General Electric Company, and others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
Read More Reports :
3D Cell Culture Market: https://www.expertmarketresearch.com/reports/3d-cell-culture-market
Food Service Equipment Market: https://www.expertmarketresearch.com/reports/food-service-equipment-market
Surgical Dressing Market: https://www.expertmarketresearch.com/reports/surgical-dressing-market
Hypervolt plus Cordless Vibration Massager Market: https://www.expertmarketresearch.com/reports/hypervolt-plus-cordless-vibration-massager-market
Lithium-Ion Battery Manufactures: https://www.expertmarketresearch.com/articles/top-lithium-ion-battery-companies
Green Roof Market: https://www.expertmarketresearch.com/reports/green-roof-market
Betaines Market: https://www.expertmarketresearch.com/reports/betaine-market-report
Silicones Market: https://www.expertmarketresearch.com/reports/silicone-market-report
Latin America PET Bottles Market: https://www.expertmarketresearch.com/reports/latin-america-pet-bottles-market
Europe PET Bottles Market: https://www.expertmarketresearch.com/reports/europe-pet-bottles-market
Media Contact
Company Name: Claight Corporation
Contact Person: Louis Wane, Corporate Sales Specialist - U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gloud Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com
About Us:
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
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 LED Driver Market To Be Driven By The Growing Incorporation Of LEDs Over Traditional Lights In The Forecast Period Of 2021-2026 here
News-ID: 2750777 • Views: …
More Releases from Expert Market Research
Canada Retail Market Size, Share, Report and Forecast 2034
A Robust Landscape for Retail Expansion in Canada
The Canada retail market, valued at USD 795.57 billion in 2024, is projected to grow at a CAGR of 4.90% from 2025 to 2034, reaching USD 1283.61 billion. Driven by evolving consumer behavior, technological adoption, and increasing e-commerce demand, the market spans sectors like grocery, apparel, electronics, and home improvement. Expert Market Research highlights the rise of personalized shopping experiences and eco-friendly products…
India Plant Based Protein Market Size, Share, Analysis 2025-2034
Rising Demand Fuels Growth in India's Plant Based Protein Market
The India plant-based protein market, valued at USD 733.15 million in 2024, is projected to grow at a CAGR of 6.30% from 2025 to 2034, reaching USD 1350.60 million. This growth is driven by increasing consumer interest in healthier, sustainable food options, meat alternatives, and plant-derived products. According to Expert Market Research, the rise in health awareness and innovations in plant-based…
Saudi Arabia Luxury Market Size, Growth & Forecast 2025-2034
According to the latest report by Expert Market Research (EMR), the Saudi Arabia luxury market size reached approximately USD 19.23 billion in 2024. Aided by the booming tourism sector and rising disposable incomes, the market is projected to grow at a CAGR of 7.00% during 2025-2034, reaching an estimated value of around USD 37.83 billion by 2034.
In Saudi Arabia, the concept of luxury goes beyond mere extravagance-it is deeply ingrained…
U.S. Dialysis Services Market Size, Trends & Forecast 2034
According to a new report by Expert Market Research titled, "United States Dialysis Services Market Size, Share, Analysis, Report and Forecast 2025-2034", the United States dialysis services market is projected to grow at a CAGR of 4.80% between 2025 and 2034. The market expansion is being fueled by the increasing prevalence of chronic kidney diseases (CKD), rising incidence of diabetes and hypertension, and continuous advancements in dialysis technology across the…
More Releases for LED
Global Backlight LED Market| Global Backlight LED Industry | Backlight LED Marke …
The backlight LED market comprises of sales of Backlight LED & related services. LED backlight is a flat panel display that uses LED backlighting instead of cold cathode fluorescent (CCFL) backlighting. LED backlight displays also use thin-film-transistor liquid-crystal display (TFT LCD) technologies that offer better contrast and brightness, reduced energy consumption, greater color range more quick response to changes in the scene, and photorefractive effects. These displays are small chips…
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 Drivers Market 2017 Trends By Product(Buck-Boost LED Drivers, Multito …
Scope Of Global LED Drivers Market Research Report 2017
Global LED Drivers Market Report Based On Defination, Status and Forecast 2022 contains a market overview of the industry which talks about market Application, production, Consumption, revenue, Gross margin, sales volumes and figures, growth estimation in coming years, current industry leaders and their sales/revenue metrics.
Request For Free Sample Report Here : https://www.reportsmonitor.com/request-sample/?post=489550
This report studies the global LED Drivers market, analyzes and…
LED Flashlight Market 2017 - SureFire, LED Lenser, Pelican, NovaTac
Apex Research, recently published a detailed market research study focused on the "LED Flashlight Market" across the global, regional and country level. The report provides 360° analysis of "LED Flashlight Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global LED Flashlight industry, and estimates the future trend of LED Flashlight market on…
LED Light: 2017 Global LED Light Bulb Market Outlook
Orbis Research delivers key insights on the Global LED Light Bulb Market in a new report titled “Global LED Light Bulb Market Research Report 2017-2022 by Players, Regions, Product Types and Applications.” In this report, Orbis Research sheds light on the various factors and trends impacting market growth over the forecast period (2017 – 2022).
Description
The Global LED Light Bulb Market report offers a comprehensive evaluation of the Global LED…
