Albany, NY -- (SBWIRE) -- 06/14/2019 -- An LED Driver is an electrical device which regulates the power to an LED or a string (or strings) of LEDs. This report is focused on the LED lighting applications.
Asia Pacific dominated the industry, Southeast Asia is estimated to grow at a higher CAGR during the forecast period owing to faster growing economies like India & China.
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It has technologically and economically advanced economies of Japan and South Korea. India has a biggest consumer base for LED lighting products which is driving the LED market in Indian market. Strong presence of manufacturers in China are constantly enhancing consumption, conductivity and voltage aspect of LED is anticipated to upsurge the LED demand. The considerable economic growth of countries such Belgium, the UK, the Netherlands, Germany, and Finland drives LED market in Europe and is likely to remain a determinant factor for the LED markets growth in the next few years.
The global LED Lighting Drivers market is valued at 6020 million US$ in 2018 is expected to reach 14100 million US$ by the end of 2025, growing at a CAGR of 11.3% during 2019-2025.
This report focuses on LED Lighting Drivers volume and value at global level, regional level and company level. From a global perspective, this report represents overall LED Lighting Drivers market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Segment by Regions
Segment by Type
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Segment by Application
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