Home Markets Global LED Driver Market Is Expected to Reach USD 37.73 billion by...

Global LED Driver Market Is Expected to Reach USD 37.73 billion by 2028 : Fior Markets

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LED driver Market by Supply Type (Constant Current, Constant Voltage), Application Type (Lighting, Consumer Electronics, Automotive, Outdoor Display), Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2021 to 2028

Newark, NJ, Oct. 21, 2021 (GLOBE NEWSWIRE) — As per the report published by Fior Markets, the global LED driver market is expected to grow from USD 6.25 billion in 2020 and to reach USD 37.73 billion by 2028, growing at a CAGR of 25.2% during the forecast period 2021-2028.

The LED driver Market Is witnessing significant growth from the past years. This growth is because they provide key benefits for LED lighting with smaller form factors, higher reliability and higher efficiency on the dimming curve. The increase in energy efficiency policies by the federal government and councils of all countries has deliberately motivated investments in energy-efficient practices and technologies. Display devices, such as…

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