Press release
Global LED Lighting Ballast Market to grow at a CAGR of 26.2% during the period 2016-2020
"The Report Global LED Lighting Ballast Market 2016-2020 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"Description
About LED Lamps
LED lamps and luminaires use external ballasts, which are broadly categorized into two main types of external LED drivers:
Constant-current drivers
Constant-voltage drivers
Constant-current drivers are used where lighting system requires fixed output current with varying range of output voltages. The range of voltage depends on the on the load (wattage) of the LED.
Constant-voltage drivers are used where fixed output voltage is required with a maximum output current. In such type of LED lamps and luminaires, the current in LED light source is already regulated by internal constant driver. It requires constant output voltage, usually 12VDC or 24VDC.
Technavios analysts forecast the Global LED Lighting Ballast Market to grow at a CAGR of 26.2% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global LED lighting ballast market for 2016-2020. To calculate the market size, the report considers the unit shipment of LED lighting ballast for lamps and luminaires.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavio's report, global LED lighting ballast market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Acuity Brands
Advanced Lighting Technologies
Atlas Lighting Products
Eaton
Crestron Electronics
GE Lighting
Hatch Transformers
Leviton Manufacturing
Lutron Electronics
MaxLite
Osram Sylvania
Philips Lighting Holding
Progress Lighting
Technical Consumer Products
Universal Lighting Technologies
Venture Lighting International
Market driver
Upcoming major events and infrastructure projects
For a full, detailed list, view our report
Market challenge
Limited thermal tolerance of LED
For a full, detailed list, view our report
Market trend
Declining manufacturing cost of LEDs
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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