DUBLIN--(BUSINESS WIRE)--The "Global LED Driver Market 2017-2021" report has been added to Research and Markets' offering.
The global LED driver market to grow at a CAGR of 8.39% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global LED driver market for 2017-2021. To calculate the market size, the report considers the sales of LED drivers to LED manufacturers and LED display manufacturers for automotive, general lighting, and backlighting applications. The report also includes a discussion of the key vendors operating in this market.
According to the report, one of the major drivers for this market is Increasing requirements for external LED drivers. A major challenge to the LED market is the increasing replacement costs in the case of any failure. The reinstallation of LEDs is a time-consuming task and is a highly expensive process. Such issues prevent users from adopting LED lighting. To prevent this, external LED drivers can be used. If an LED fails before its rated life span, it is usually because of the driver failure.
To overcome this, customers are now integrating external LED drivers into LED lights as they prolong the life of the LED. Moreover, it is a cost-effective technique. By adopting external LED drivers, the maintenance cost can be reduced as the LED need not be replaced. Thus, the increase in the demand for external LED drivers will fuel the growth of the global LED driver market during the forecast period.
Key vendors
- AC Electronics
- Microchip Technology
- Cree
- GENERAL ELECTRIC
- MACROBLOCK
- Maxim Integrated
- ON Semiconductor
- OSRAM
- STMicroelectronics
- Texas Instruments
Other prominent vendors
- Ams
- Harvard Technology
- Lutron Electronics
- NXP Semiconductors
- Philips Lighting
- Power Integrations
- ROHM Semiconductor
- Skyworks Solutions
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Product Type
Part 07: Market Segmentation By Application
Part 08: Geographical Segmentation
Part 09: Key Leading Countries
Part 10: Decision Framework
Part 11: Drivers And Challenges
Part 12: Market Trends
Part 13: Vendor Landscape
Part 14: Key Vendor Analysis
Part 15: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/wl7rv3/global_led_driver?w=4
