Albany, NY -- (SBWIRE) -- 01/03/2017 -- 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.

The global LED lighting ballast market to grow at a CAGR of 26.2% during the period 2016-2020. 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

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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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