(Wireless-NewsWire.Com, September 27, 2018 ) The “Global LED Driver Market for Lighting” study report will provide a valuable insight with an emphasis on global market including some of the major players such as exas Instruments, Inc., Osram GmbH, Harvard Engineering, Maxim Integrated, Inc., General Electric, Macroblock, Inc., Rohm Semiconductors, Cree, Inc., and Atmel Corp. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
According to Verified Market Intelligence, the global LED Driver Market for Lighting was valued at USD 21.60 Billion in 2017 and is projected to reach USD 45.39 Billion by 2025, growing at a CAGR of 24.2% from 2018 to 2025.
Download Free Sample Copy @ http://bit.ly/2DvQFx4
An LED driver is an electrical device that has a self-contained power supply to regulate the power required for an LED or array of LEDs. This driver responds to the fluctuating needs of the LED, or LED circuit by delivering a constant quantity of power to the LED. The LED may become too hot and unstable in the absence of LED driver and thus resulting in failures or poor performance.
A LED driver is further classified into internal and external LED drivers. It offers low voltage and protection to the LED bulbs. LED driver market is growing due to its wide range of applications in various industries such as industrial lighting, commercial lighting, automotive interior, elevator lighting, residential lighting and many more.
Increasing the adoption rate of LED Lighting in general lighting applications, growing demand for efficient energy lighting systems and increasing demand for IoT and lighting have been driving the global LED Driver Market. While false belief of high installation cost of LED driver acts as restraints for the LED Driver Market for Lighting at a global level.
Ask For Discount @ http://bit.ly/2Dxgr3W
About Us: Verified Market Research Insights is a stand-alone organization with a solid history of advancing and exchanging market research reports and logical surveys delivered by our numerous transnational accomplices, which incorporate both huge multinationals and littler, more expert concerns.
Contact Information: Verified Market Research Contact Person: Ankush Tel: +1650781 4080 Email us: sales@verifiedmarketresearch.com
Verified Market Research
Amaan Kazi
+1 (650) 781 4080
amaankazi@verifiedmarketresearch.com
Source: EmailWire.Com
|