New York, NY -- (SBWire) -- 04/12/2019 --The Constant Current LED Driver Market was valued at USD 9.65 Billion in 2018 and is expected to reach USD 27.54 Billion by 2026, at a CAGR of 12.7% during the forecast period. The government policies and economic development owing to rapid urbanization in the developing countries have led to the growth in usage of LED lighting.
Increasing industrial development and population growth have in recent years led to an increase in global energy demand. The decreasing amount of resources and rising demand for energy have resulted in a worldwide energy crisis.
The major players covered in this Constant Current LED Drivers market report are Atmel Corp. (US), General Electric (US), Macroblock, Inc. (Taiwan), On Semiconductor (US), Koninklijke Philips N.V. (Netherlands), Atmel Corporation (US), Texas Instruments, Inc. (US), Cree Inc. (US), AC Electronics (US), Maxim Integrated, Inc. (US), Osram Gmbh (Germany), Rohm Semiconductors (Japan), Harvard Engineering (US) and others
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Development of LEDs as a cost effective lighting technology for general lighting applications, is rising, especially for residential, commercial, and industrial lighting. This is mainly attributed due to superior features offered by LED bulbs over conventional lighting sources such as incandescent, and fluorescent lamps, such as in product life cycle, lumen outputs, and low energy costs.
Knowing the trends influencing the Constant Current LED Drivers industry performance
Stakeholders, marketing executives and business owners planning to refer Constant Current LED Drivers market research report can use this study to design their offerings and understand how competitors attract their potential customers and manage their supply and distribution channels. When tracking the trends researchers have made a conscious effort to analyze and interpret the consumer behaviour. Besides, the research helps product owners to understand the changes in culture, target market as well as brands so they can draw the attention of the potential customers more effectively.
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Market split by Power, can be divided into:
- 0-10W
- 10-60W
- 60-100W
- >100W
Market split by AC Input Voltage, can be divided into:
- Less than 120 V
- 120-299V
- 300 and above
Market split by Dimming Type, can be divided into:
- No Dimming
- 0-10V (1-100%)
- 0-10V
- 10-100%
- 01-100%
- 1-100%
- Bluetooth 1-100%
- For/Rev Phase
- Others
Market split by Driver Type, can be divided into:
- External
- Internal
Market split by Technology, can be divided into:
- Smart
- Conventional
Market split by End Use, can be divided into:
- Architecture
- Commercial Lighting
- Airports and Dockyard
- Healthcare
- Office
- Horticulture
- Retail
- Others
Market split by Application, can be divided into:
- Accent Light
- Area Lighting
- Cove Lights
- LED Displays
- Linear
- Portable PCs
- Others
Geographically, this Constant Current LED Drivers market report studies the top producers and consumers in these key regions:
- North America
- Europe
- China
- Japan
- Other Regions (India, Southeast Asia, Central & South America and Middle East & Africa)
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North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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Further key findings from the report suggest:
- The Constant Current LED Driver market was valued at USD 9.65 Billion in 2018 and is expected to reach USD 27.54 Billion by 2026, at a CAGR of 12.7% during the forecast period. The government policies and economic development owing to rapid urbanization in the developing countries have led to the growth in usage of LED lighting.
- The market for LED Displays is estimated to hold the largest market share to reach USD 7.16 Billion in 2026, at a CAGR of 13.3% during the forecast period. The market for portable PCs is estimated to reach USD 2.48 Billion in 2026, at a CAGR of 11.2% during the forecast period.
- The market for smart technologies is expected to reach USD 16.03 Billion in 2026, at a CAGR of 13.5% during the forecast period. Smart lighting systems are designed to ensure energy efficiency and include automated controls and highly efficient
- The rapid urbanization and changing people's lifestyles have installations that can make adjustments, such as occupancy, depending on conditions.
- Based on end user, the market for architecture is estimated to reach USD 4.35 Billion in 2026, at a CAGR of 13.4% during the forecast period. Companies offer solutions based on accepted international and national standards for architectural lighting. Manufacturers currently offer smart architectural lighting solutions that, with the help of sensors that observe people, provide safe and efficient on-demand lighting and set the lighting intensity to the required levels automatically.
- The market for Asia Pacific (APAC) is expected to grow the largest and highest to reach USD 10.19 Billion in 2026, at a CAGR of 13.1%. Because of rapid urbanization in the emerging countries, economic development and government policies have led to high use of LED lighting. Due to increased investment by companies in expanding production facilities, the fall in LED prices has resulted in a significant growth of the Asia-Pacific LED driver market. Countries such as India, Japan, South Korea, and China make a major contribution to the region.
Browse complete Constant Current LED Drivers report description and Full TOC@ https://www.reportsanddata.com/report-detail/constant-current-led-driver-market
Key Points from TOC:
Chapter 14. Company Profiles
14.1. Atmel Corp.
14.1.1. Company Overview
14.1.2. Financial Performance
14.1.3. Technology Insights
14.1.4. Strategic Initiatives
14.2. Cree Inc.
14.2.1. Company Overview
14.2.2. Financial Performance
14.2.3. Technology Insights
14.2.4. Strategic Initiatives
14.3. General Electric Co.
14.3.1. Company Overview
14.3.2. Financial Performance
14.3.3. Technology Insights
14.3.4. Strategic Initiatives
Continued…
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Constant Current LED Drivers Market Report 2018- 2026 by Top Players: Atmel Corp, General Electric, Macroblock, on Semiconductor
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