Thursday 30 January 2020

LED Street Light Drivers Market Projected to Witness a Single-Digit CAGR During 2018 – 2028

With rapid technological advancements in lighting solutions, the demand for LED street light drivers is expected to surge. Also, various advantages of LED street light drivers, such as lower energy consumption, and longer life is also one of the major factors fuelling the growth of the LED street light drivers market. Innovative technologies in LED street light drivers are helping city planners and municipalities save money and energy. In addition, LED street light driver offers an opportunity for easy control. Therefore, the demand for LED street light drivers is growing in residential and industrial applications. Furthermore, with the increased demand for high-power semiconductors, the load on the power equipment has increased, and due to this, the need for semiconductor devices that can operate in a high-temperature and high-voltage environment is growing rapidly.

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LED street light drivers have become the choice for most of the next-generation power semiconductor devices and high-temperature semiconductor devices and are quickly replacing the conventional incandescent bulbs. Lighting controllers are devices which assist in controlling lights via sensors and dimmers and these LED street light drivers are now widely used in commercial, industrial, and residential applications, to provide the right amount of light where and when it is needed. Furthermore, the growing demand for LED street light drivers to deliver advanced and better lighting services is fuelling the growth of the LED street light drivers market.

Global LED Street Light Drivers Market: Segmentation

Segmentation of the LED street light drivers Market on the Basis of Type:
Isolated LED street drivers
Non-isolated LED street drivers

Segmentation of the LED Street Light Drivers Market on the Basis of Application:
LED street lamps
Tunnel lights
Flood lights
Others

Global LED Street Light Drivers Market: Competition Landscape

Key Players


Examples of some of the prominent players operating in the global LED street light drivers market are Fuhua Electronic Co. Ltd‎., Texas Instruments, ON Semiconductor, Diodes Incorporated, NXP Semiconductors, Analog Devices, Inc., STMicroelectronics, Infineon Technologies, ams AG, Taiwan Semiconductor, Renesas Electronic, and ROHM Semiconductor.

Global LED street light drivers Market: Regional Overview


Geographically, Asia Pacific is expected to be a large market for LED street light drivers due to the increasing demand for LED street light drivers in industrial, power, solar & wind sector for power applications and presence of various key players in the region. The demand for LED street light drivers in North America and Europe is expected to grow rapidly in the coming few years due to the increasing number of smart cities projects and development in lighting infrastructure of various countries in the regions such as the U.S., Germany, France, and the U.K. The LED street light drivers markets in Latin America and the MEA are also expected to witness high growth rates in the coming period due to the high adoption of LED street light drivers in various industrial and commercial applications.

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The report covers exhaustive analysis on:


Global LED street light drivers Market Segments
Global LED street light drivers Market Dynamics
Historical Actual Market Size, 2013 - 2017
Global LED street light drivers Market Size & Forecast 2018 to 2028
Supply & Demand Value Chain for LED street light drivers Market
Global LED street light drivers Market Current Trends/Issues/Challenges
Competition & Companies involved in LED Street light drivers Market
LED street light drivers Market Solutions Technology
Value Chain of LED street light drivers Market
Global LED street light drivers Market Drivers and Restraints

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