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Global LED Driver Market Worth $24.98B by 2022
May 6, 2016 | Business WireEstimated reading time: 1 minute
Research and Markets has announced the addition of the "LED Driver Market for Lighting, by Driving Method, Luminaire Type, Components, End User Application, and Geography - Global Forecasts to 2022"report to their offering.
The global LED driver market for lighting is expected to reach USD 24.98 Billion by 2022, at a CAGR of 26.3% between 2016 and 2022.
This report covers the major segments of the market, namely, driving method (constant current LED driver and constant voltage LED driver), luminaire type (A-type, T-lamps, reflectors, decorative lamps, integral LED modules), end-user application (commercial lighting, industrial lighting, residential lighting, outdoor & traffic lighting and others), and geography. The market size estimations for these segments are provided in this report, along with the key trends and market dynamics related to these segments.
This research study involves the extensive use of secondary sources, directories, and databases (such as Hoovers, Bloomberg Business, Factiva, and OneSource) to identify and collect information useful for this study. The research methodology followed in this report is explained below.
Key Topics Covered:
- Analysis of all the end-user applications in which LED drivers for lighting are used worldwide
- Analysis of various LED drivers sold to these industries
- Analysis of the penetration of LED drivers in these industries
- Estimation of the market size in terms of volume
- Estimation of the market size of the LED drivers in end-user applications by driving method
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