Press release
LED Agricultural Lighting Market Size 2031 Statistics By Key Players-Fluence by OSRAM, LumiGrow Inc., Heliospectra AB, Signify (Philips Lighting), Valoya
LED Agricultural Lighting Market
The LED agricultural lighting industry is growing rapidly due to the rising global adoption of indoor and vertical farming technologies. LED lighting systems provide energy-efficient and adaptable options for delivering the ideal light spectrum to crops cultivated in controlled conditions. Due to the increasing requirement for year-round production of superior crops and the necessity to improve resource efficiency in agriculture, LED illumination has become essential. Furthermore, the progress in LED technology, such as enhanced efficiency and the ability to adjust the light spectrum, is fueling the growth of the market. The LED agricultural lighting industry is expected to have sustained growth in the future as farmers strive to optimize crop yields while minimizing environmental consequences.
Multiple influential factors are driving the expansion of the LED farm lighting industry. The use of LED lighting solutions is being driven by the transition towards indoor and vertical farming systems, which aim to address the growing demand for fresh fruit. Furthermore, governmental efforts to encourage sustainable agricultural and energy-efficient technology provide farmers with incentives to invest in LED lighting systems. Furthermore, the growers' knowledge regarding the advantages of LED lighting, such as enhanced crop productivity, accelerated growth rates, and decreased energy expenses, is fueling the demand in the market. Furthermore, continuous progress in LED technology, such as enhanced efficiency, longer lifespan, and the ability to customize the light spectrum, is contributing to the expansion of the market. The worldwide LED agricultural lighting market is projected to experience substantial growth as the agriculture sector increasingly adopts innovative practices.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: (๐๐ง๐๐ฅ๐ฎ๐๐ข๐ง๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐, ๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐๐ฅ๐๐ฌ & ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ, ๐๐ก๐๐ซ๐ญ) @ https://www.marketresearchintellect.com/download-sample/?rid=903136&utm_source=OpenPr&utm_medium=027
๐๐๐ฒ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ:
๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐๐ซ๐๐๐ง๐ข๐ณ๐๐ญ๐ข๐จ๐ง:The rising urban population is propelling the demand for LED Agricultural Lighting , especially in urban centers where there's a heightened need for specific aspect provided by LED Agricultural Lighting , driving market growth.
๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐๐ข๐ง๐๐๐ฅ๐ ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ: Growing environmental concerns and stringent regulations are fostering a shift towards sustainable alternatives, boosting the demand for eco-friendly LED Agricultural Lighting products and services.
๐๐ข๐ ๐ข๐ญ๐๐ฅ ๐๐ซ๐๐ง๐ฌ๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง: The ongoing digital revolution across industries is fueling the demand for LED Agricultural Lighting solutions that seamlessly integrate with digital platforms, enhancing efficiency, productivity, and market demand.
๐๐ก๐ข๐๐ญ ๐ญ๐จ๐ฐ๐๐ซ๐๐ฌ ๐๐๐ฆ๐จ๐ญ๐ ๐๐จ๐ซ๐ค: The accelerated adoption of remote work arrangements, spurred by the pandemic, has increased the demand for LED Agricultural Lighting solutions that facilitate collaboration, communication, and remote access to specific features, driving market expansion.
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ
๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง: The LED Agricultural Lighting market is witnessing a wave of mergers and acquisitions as companies seek to consolidate their market positions, expand their product portfolios, and leverage synergies to drive growth and competitiveness.
๐๐๐๐๐ฌ๐ฌ ๐ญ๐จ ๐๐๐ฐ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ: Acquisitions provide companies with access to new technologies, intellectual property, and talent, enabling them to innovate faster and stay ahead of market trends.
๐๐๐ซ๐ค๐๐ญ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง: Mergers and acquisitions allow companies to enter new markets or strengthen their presence in existing ones, providing opportunities for revenue growth and market diversification.
๐๐ญ๐ซ๐๐ง๐ ๐ญ๐ก๐๐ง๐ข๐ง๐ ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ฏ๐๐ง๐ญ๐๐ ๐: Through mergers and acquisitions, companies can strengthen their competitive advantage by combining complementary strengths, resources, and capabilities, positioning themselves for long-term success in the LED Agricultural Lighting industry.
๐๐๐ญ ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐๐ง ๐๐ก๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.marketresearchintellect.com/ask-for-discount/?rid=903136&utm_source=OpenPr&utm_medium=027
๐๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐๐๐ฒ ๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐๐ซ๐ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ข๐ง ๐๐ฎ๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ
LED Agricultural Lighting Market, ๐๐ฒ ๐๐ฒ๐ฉ๐
Full-spectrum LED Grow Lights, Red/Blue LED Grow Lights, White LED Grow Lights, Others (including UV LED)
LED Agricultural Lighting Market, ๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Indoor Farming, Greenhouses, Vertical Farming, Others (including poultry, swine)
๐๐๐ฃ๐จ๐ซ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ in LED Agricultural Lighting Market are:
Fluence by OSRAM, LumiGrow Inc., Heliospectra AB, Signify (Philips Lighting), Valoya, OSRAM Licht AG, General Electric Company, Illumitex Inc., Cree Inc., Everlight Electronics Co. Ltd.
Global LED Agricultural Lighting Market -๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐:
North America is a significant player in the global LED Agricultural Lighting market, with the United States and Canada being major contributors. The region benefits from a robust economy, technological advancements, and a strong consumer base with high purchasing power.
๐๐ฎ๐ซ๐จ๐ฉ๐:
Europe is another major region in the global LED Agricultural Lighting market, comprising countries such as the United Kingdom, Germany, France, and Italy. The region is characterized by a mature market with well-established infrastructure and consumer preferences.
๐๐ฌ๐ข๐-๐๐๐๐ข๐๐ข๐:
Asia-Pacific is a rapidly growing region in the global LED Agricultural Lighting market, driven by countries such as China, Japan, India, and South Korea. The region benefits from a large population, rising disposable income, and increasing urbanization, leading to greater demand for LED Agricultural Lighting products and services.
๐๐๐ญ๐ข๐ง ๐๐ฆ๐๐ซ๐ข๐๐:
Latin America presents opportunities and challenges for the LED Agricultural Lighting market, with countries like Brazil, Mexico, and Argentina being key players. Economic fluctuations and political instability in some countries can impact market dynamics and consumer behavior.
๐๐ข๐๐๐ฅ๐ ๐๐๐ฌ๐ญ ๐๐ง๐ ๐๐๐ซ๐ข๐๐:
The Middle East and Africa represent emerging markets in the global LED Agricultural Lighting market, with countries like UAE, Saudi Arabia, South Africa, and Nigeria showing promising growth potential. Economic diversification efforts, urbanization, and a young population are driving demand for LED Agricultural Lighting products and services in the region.
๐ ๐ซ๐๐ช๐ฎ๐๐ง๐ญ๐ฅ๐ฒ ๐๐ฌ๐ค๐๐ ๐๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ (๐ ๐๐)
1. What are the present scale and future growth prospects of the LED Agricultural Lighting Market?
Answer: The LED Agricultural Lighting Market is anticipated to witness a compound annual growth rate (CAGR) of XX% from 2024 to 2031, transitioning from a valuation of USD XX Billion in 2023 to USD XX billion by 2031.
2. What is the current state of the LED Agricultural Lighting market?
Answer: As of the latest data, the LED Agricultural Lighting market is experiencing growth, stability, and challenges.
3. Who are the key players in the LED Agricultural Lighting market?
Answer: Prominent players in the LED Agricultural Lighting market include key companies, known for their notable characteristics or strengths.
4. What factors are driving the growth of the LED Agricultural Lighting market?
Answer: The growth of the LED Agricultural Lighting market can be attributed to factors such as key drivers technological advancements, increasing demand, and regulatory support.
5. Are there any challenges affecting the LED Agricultural Lighting market?
Answer: The LED Agricultural Lighting market's challenges include competition, regulatory hurdles, and economic factors.
6. How is the competitive landscape in the LED Agricultural Lighting market?
Answer: The competitive landscape is characterized by the competitive dynamics - key players, market share, and strategies.
7. What are the key trends shaping the LED Agricultural Lighting market?
Answer: Current trends in the LED Agricultural Lighting market include significant technological innovations and changing consumer preferences.
๐ ๐จ๐ซ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐จ๐ซ ๐๐ฎ๐๐ซ๐ฒ, ๐๐ข๐ฌ๐ข๐ญ @ https://www.marketresearchintellect.com/product/global-led-agricultural-lighting-sales-market?utm_source=OpenPr&utm_medium=027
๐๐จ๐ซ๐ ๐๐ซ๐ญ๐ข๐๐ฅ๐๐ฌ ๐ ๐ซ๐จ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ง๐ญ๐๐ฅ๐ฅ๐๐๐ญ
Fava Bean Protein Market Size And Forecast- https://www.marketresearchintellect.com/product/global-fava-bean-protein-market
Sprouted Grains and Seeds Market Size And Forecast- https://www.marketresearchintellect.com/product/global-sprouted-grains-and-seeds-market
Factory Agriculture Market Size And Forecast- https://www.marketresearchintellect.com/product/global-factory-agriculture-market
Trace Element Fertilizers Market Size And Forecast- https://www.marketresearchintellect.com/product/global-trace-element-fertilizers-market
Hydroponic Nutrient Solution Market Size And Forecast- https://www.marketresearchintellect.com/product/global-hydroponic-nutrient-solution-market
Hydroponic Plants Market Size And Forecast- https://www.marketresearchintellect.com/product/global-hydroponic-plants-market
Indoor Foliage Plants Market Size And Forecast- https://www.marketresearchintellect.com/product/global-indoor-foliage-plants-market
Raw Tobacco Leaves Market Size And Forecast- https://www.marketresearchintellect.com/product/global-raw-tobacco-leaves-market
Hermetic Grain Storage Market Size And Forecast- https://www.marketresearchintellect.com/product/global-hermetic-grain-storage-market
Worm Compost Market Size And Forecast- https://www.marketresearchintellect.com/product/global-worm-compost-market
Plant Growing Tents Market Size And Forecast- https://www.marketresearchintellect.com/product/global-plant-growing-tents-market
Crop Seed Treatment Market Size And Forecast- https://www.marketresearchintellect.com/product/global-crop-seed-treatment-market
Pheromone Monitor Market Size And Forecast- https://www.marketresearchintellect.com/product/global-pheromone-monitor-market
Pheromone Dispenser Market Size And Forecast- https://www.marketresearchintellect.com/product/global-pheromone-dispenser-market
Pheromone Trap Market Size And Forecast- https://www.marketresearchintellect.com/product/global-pheromone-trap-market
Agroscience Market Size And Forecast- https://www.marketresearchintellect.com/product/global-agroscience-market
Agricultural Insect Pheromones Market Size And Forecast- https://www.marketresearchintellect.com/product/global-agricultural-insect-pheromones-market
Agricultural Grow Bags Market Size And Forecast- https://www.marketresearchintellect.com/product/global-agricultural-grow-bags-market
Agricultural Antibacterials Market Size And Forecast- https://www.marketresearchintellect.com/product/global-agricultural-antibacterials-market
Livestock Monitoring and Management System Market Size And Forecast- https://www.marketresearchintellect.com/product/global-livestock-monitoring-and-management-system-market
Nanotechnology in Agriculture Market Size And Forecast- https://www.marketresearchintellect.com/product/global-nanotechnology-in-agriculture-market
High Intensity Discharge Grow Light Market Size And Forecast- https://www.marketresearchintellect.com/product/global-high-intensity-discharge-grow-light-market
Fluorescent Grow Light Market Size And Forecast- https://www.marketresearchintellect.com/product/global-fluorescent-grow-light-market
Irrigation Monitoring Sensors Market Size And Forecast- https://www.marketresearchintellect.com/product/global-irrigation-monitoring-sensors-market
Animal Grow Lights Market Size And Forecast- https://www.marketresearchintellect.com/product/global-animal-grow-lights-market
Agricultural Large Sprayers Market Size And Forecast- https://www.marketresearchintellect.com/product/global-agricultural-large-sprayers-market
Soil Temperature Sensor Market Size And Forecast- https://www.marketresearchintellect.com/product/global-soil-temperature-sensor-market
Fertilizer in Aquaculture Market Size And Forecast- https://www.marketresearchintellect.com/product/global-fertilizer-in-aquaculture-market
Drip Irrigation Hoses Market Size And Forecast- https://www.marketresearchintellect.com/product/global-drip-irrigation-hoses-market
Greenhouse and Smart Greenhouse Market Size And Forecast- https://www.marketresearchintellect.com/product/global-greenhouse-and-smart-greenhouse-market
Triploid Watermelon Seeds Market Size And Forecast- https://www.marketresearchintellect.com/product/global-triploid-watermelon-seeds-market
Agriculture Nets Market Size And Forecast- https://www.marketresearchintellect.com/product/global-agriculture-nets-market
Digital Livestock Farming Market Size And Forecast- https://www.marketresearchintellect.com/product/global-digital-livestock-farming-market
Rooting Hormone Powder Market Size And Forecast- https://www.marketresearchintellect.com/product/global-rooting-hormone-powder-market
Manual Backpack Sprayers Market Size And Forecast- https://www.marketresearchintellect.com/product/global-manual-backpack-sprayers-market
Hydroponic Indoor Farm Market Size And Forecast- https://www.marketresearchintellect.com/product/global-hydroponic-indoor-farm-market
Aeroponic Indoor Farm Market Size And Forecast- https://www.marketresearchintellect.com/product/global-aeroponic-indoor-farm-market
Indoor Container Farm Market Size And Forecast- https://www.marketresearchintellect.com/product/global-indoor-container-farm-market
Automated Growing System Market Size And Forecast- https://www.marketresearchintellect.com/product/global-automated-growing-system-market
Agricultural Twines Market Size And Forecast- https://www.marketresearchintellect.com/product/global-agricultural-twines-market
Agricultural Growing Medias Market Size And Forecast- https://www.marketresearchintellect.com/product/global-agricultural-growing-medias-market
Agriculture Shade Nets Market Size And Forecast- https://www.marketresearchintellect.com/product/global-agriculture-shade-nets-market
Soil Water Retention Agent Market Size And Forecast- https://www.marketresearchintellect.com/product/global-soil-water-retention-agent-market
Liquid Boron Market Size And Forecast- https://www.marketresearchintellect.com/product/global-liquid-boron-market
Sulphur Fungicides Market Size And Forecast- https://www.marketresearchintellect.com/product/global-sulphur-fungicides-market
Soybean Seed Treatment Market Size And Forecast- https://www.marketresearchintellect.com/product/global-soybean-seed-treatment-market
Fruits Seeds Market Size And Forecast- https://www.marketresearchintellect.com/product/global-fruits-seeds-market
Silage Wrap Film Market Size And Forecast- https://www.marketresearchintellect.com/product/global-silage-wrap-film-market
Seed Binders Market Size And Forecast- https://www.marketresearchintellect.com/product/global-seed-binders-market
Seed Polymers Market Size And Forecast- https://www.marketresearchintellect.com/product/global-seed-polymers-market
๐๐๐จ๐ฎ๐ญ ๐๐ฌ: ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ง๐ญ๐๐ฅ๐ฅ๐๐๐ญ
Market Research Intellect is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Our research spans a multitude of industries including Energy, Technology, Manufacturing and Construction, Chemicals and Materials, Food and Beverages, etc. Having serviced many Fortune 2000 organizations, we bring a rich and reliable experience that covers all kinds of research needs.
๐ ๐จ๐ซ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ข๐๐ฌ, ๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ ๐๐ญ:
Mr. Edwyne Fernandes
Market Research Intellect
APAC: +61 485 860 968
EU: +44 788 886 6344
US: +1 743 222 5439
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 Agricultural Lighting Market Size 2031 Statistics By Key Players-Fluence by OSRAM, LumiGrow Inc., Heliospectra AB, Signify (Philips Lighting), Valoya here
News-ID: 3490398 • Views: โฆ
More Releases from Market Research Intellect
Rackmount Computers Market Segmentation Analysis by Application, Type, and Key P โฆ
New Jersey, US State: "The global Rackmount Computers market in the Information Technology and Telecom category is projected to reach USD 5.2 billion by 2031, growing at a CAGR of 5.5% from 2025 to 2031. With rising industrial adoption and continuous innovation in Information Technology and Telecom applications, the market is estimated to hit USD 3.5 billion in 2024, highlighting strong growth potential throughout the forecast period."
Rackmount Computers Market Sizeโฆ
Enterprise Website Analytics Software Market Segmentation Analysis by Applicatio โฆ
New Jersey, US State: "The global Enterprise Website Analytics Software market in the Information Technology and Telecom category is projected to reach USD 8.1 billion by 2031, growing at a CAGR of 12.8% from 2025 to 2031. With rising industrial adoption and continuous innovation in Information Technology and Telecom applications, the market is estimated to hit USD 3.5 billion in 2024, highlighting strong growth potential throughout the forecast period."
Enterprise Websiteโฆ
Wireless Router Market Segmentation Analysis by Application, Type, and Key Playe โฆ
New Jersey, US State: "The global Wireless Router market in the Information Technology and Telecom category is projected to reach USD 35.2 billion by 2031, growing at a CAGR of 7.5% from 2025 to 2031. With rising industrial adoption and continuous innovation in Information Technology and Telecom applications, the market is estimated to hit USD 20.5 billion in 2024, highlighting strong growth potential throughout the forecast period."
Wireless Router Market Sizeโฆ
Utility NFTs Market Segmentation Analysis by Application, Type, and Key Players- โฆ
New Jersey, US State: "The global Utility NFTs market in the Information Technology and Telecom category is projected to reach USD 8.5 billion by 2031, growing at a CAGR of 30.1% from 2025 to 2031. With rising industrial adoption and continuous innovation in Information Technology and Telecom applications, the market is estimated to hit USD 1.2 billion in 2024, highlighting strong growth potential throughout the forecast period."
Utility NFTs Market Sizeโฆ
More Releases for LED
HSC LED Successfully Delivers Taxi LED Displays to Moldova
HSC LED [https://www.hscled.com/] is pleased to announce the successful completion of a major project involving the delivery of taxi LED displays to Moldova. This achievement underscores our dedication to providing high-quality, innovative LED display solutions to global markets.
Image: https://www.abnewswire.com/upload/2025/03/c632e02b61fa3f45fb036d4012a026b5.jpg
This project involved the production and deployment of state-of-the-art taxi top LED displays, designed for high visibility, durability, and intelligent operation. Equipped with high brightness levels, waterproof protection, and efficient heat dissipation,โฆ
Enhancing LED Lighting: What is a reflective LED light?
Nowadays, LED lights [https://www.cnblight.com/products/] have become the mainstream of lighting. There is an interesting question, why do LED lights in homes nowadays, whether they are desk lamps, pendant lamps, ceiling lamps, etc., often need to add a lamp shell? You should know that LED lights emit solid light, unlike traditional lamps such as incandescent lamps and fluorescent lamps, which require a lamp shell on the outside.
There are many reasons thatโฆ
Global Backlight LED Market| Global Backlight LED Industry | Backlight LED Marke โฆ
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 chipsโฆ
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation li โฆ
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 includedโฆ
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 Reportโฆ
LED Driver And Chipset Market - Tax Exemptions For LED Technology Encourage Use โฆ
Transparency Market Research, in a report titled โLED Driver and Chipset Market - Global Industry Analysis, Trend, Size, Share and Forecast 2015 - 2021,โ states that the global LED driver and chipset market is projected to expand at a remarkable CAGR of 23.20% during the forecast period. The report states that the outstanding growth of the overall LED market in recent times will push the value of the LED driverโฆ
