Home » Business, Electronics & Semiconductors, Technology, UK, World » Global and China LED Driver Market Research Report, 2014 | Hexa Research
“Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future”
LED Driver Market To Gain Based On Attributes Like Power Saving And Durability

Increasing demand for LED lighting in households for more efficient energy utilization is expected to drive global LED (Light Emitting Diode) driver market. LED usage was initially adopted in traffic & outdoor areas such as tunnels, highways, streets, and roadways. Considerable electricity savings associated with LED has increased its market presence and led to global demand.

Browse Report summary and Table of Contents of “LED Driver Market@
http://www.hexaresearch.com/research-report/global-and-china-led-driver-market/

The industry is likely to experience notable growth owing to various benefits provided by the Chinese government to lower land cost for low emitting diodes factories. Prices of low-end and low-wattage light emitting diodes are decreasing remarkably in China. This will encourage product penetration in low income regions of the country.

The global market is categorized by driving methods, luminaire types, end-users, components, and regions. By driving methods, the market is segmented into constant voltage and constant current LED driver. Constant current LED driver is expected to lead the market. This segment avoids thermal runaway and burnout as they function within the current permissible levels.

Luminaire types are A-type, integral LED modules, reflectors, T-lamps, and decorative lamps. A-Type is expected to be the most dominant luminaire type in the near future.

Related Reports @
Surface Mining Equipment Market
Connected Cars Market

End-users encompass outdoor & traffic lighting, commercial lighting, residential lighting, industrial lighting, and others. Outdoor & traffic lighting is likely to dominate the market, as LED lights are used in major lighting control projects. On the basis of components, the industry is divided into discrete components, driver ICs (integrated circuits), and others.

Region wise, the market is split into Asia Pacific, North America, and Europe. Asia Pacific is projected to experience substantial gains in the near future. Rising development, increased demand for energy saving products, and the ever-increasing population are factors driving the Asia Pacific LED (Light Emitting Diode) driver market.

Also, various regulatory policies in China promote the use of LEDs over traditional incandescent lights. LED aids in reducing the greenhouse emissions and overall energy bills. North America and Europe both have a considerable share of the market. This could be ascribed to huge investments and technological developments in energy efficient lighting.

Key players in the global LED (Light Emitting Diode) driver market consist of Osram GmbH, Cree, Inc. (USA), Maxim Integrated (USA), and Atmel Corporation.

Browse Related Category Reports @
https://www.hexaresearch.com/research-category/technology-industry

About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

More information @ www.hexaresearch.com

Media Contact
Company Name: Hexa Research
Contact Person: Michelle Thoras and Ryan Shaw
Email: sales@hexaresearch.com
Phone: +1-800-489-3075
Address:Felton Office Plaza, 6265 Highway 9
City: Felton
State: California
Country: United States
Website: www.hexaresearch.com/research-report/global-and-china-led-driver-market/

Comments are closed.