Global Constant Current LED Driver Market Report 2020-2027 - ResearchAndMarkets.com
The "Constant Current Led Driver Market Size, Trends & Analysis, by Power, by Technology, by End-Use, by Application, by Region, Forecasts to 2027" report has been added to ResearchAndMarkets.com's offering.
- The "Constant Current Led Driver Market Size, Trends & Analysis, by Power, by Technology, by End-Use, by Application, by Region, Forecasts to 2027" report has been added to ResearchAndMarkets.com's offering.
- The Global Constant Current LED Driver Market is predicted to expand at a CAGR of 12.7% during the estimated timeframe to attain a market valuation of USD 30.93 billion by 2027, from USD 10.87 Billion in 2019.
- The growing demand for constant current LED drivers is due to their higher threshold of current needed for LEDs.
- However, the advent of IoT and the rising smart city infrastructure is boosting the requirement for constant current LED drivers.