Led Driver Market
LED Driver Market Size And Forecast
According to Verified Market Research, Global LED Driver Market was valued at USD 9.60 Billion in 2018 and is projected to reach USD 58.86 Billion by 2026, growing at a CAGR of 25.5% from 2019 to 2026.
Global LED Driver Market Outlook
The government introduction of several energy-saving protocols is the primary factor for propelling market growth. In addition, increasing the need for LED lighting in various lighting applications is another factor contribute to propelling the market growth. Moreover, the growing requirement for energy-efficient and sustainable lighting systems led to imposing a positive impact on market growth. However, the untrue notation on the price of installation of the LED drivers is expected to hamper the market growth.
Global LED Driver Market Competitive Landscape
The Global LED Driver Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Maxim Integrated, Texas Instruments, Osram GmbH, Harvard Engineering, Macroblock Inc., Atmel Corporation, General Electric, Cree, Inc., ROHM Semiconductors, and ON Semiconductor.
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