The global sales of paper dyes is poised to surpass US$ 1 billion, expanding at a little over 2% in terms of value CAGR across the 2021-2031 forecast period, concludes Fact.MR’s recently published report. Demand is expected to remain sustained amidst growing adoption of paper-based packaging solutions across various industries. Historically, the market performed moderately, expanding at under...
The proper functioning of LEDs requires either a constant voltage supply or a constant current supply. The power sources for LEDs are also known as LED power supplies. Constant current drivers/LED power supplies require fixed current and will vary the voltage depending on the load of LED. The constant voltage driver/LED power supply will fix the voltage of the system and add the LED loads in parallel across the output of the driver till the output currents reach their maximum limit. So as to ensure that LEDs are not over driven, most LEDs need a current limiting device. This current resistor is used to maintain the current flow to the LEDs to maximize their lifetime and ensure their safe running. If the current is not regulated, the LED will draw too much current and heat up, resulting in a change in its electrical characteristics. This overdraw of current will result in a fluctuation in the brightness of LED, which will eventually lead to the failure of the light. Hence, LED power supplies are important for the proper working of LEDs. LED lights that have constant current drivers or resistors already within the system can be powered with the usage of a constant voltage power supply.
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Some of the LED power supplies do not deliver full power at higher temperatures, which is one of the major drawbacks restraining the growth of the LED power supplies market. Some of the LED power supplies are not designed for outdoor locations and thus, require an extra cost for waterproof enclosure, which is another factor hindering the growth of the LED power supplies market.
Global LED Power Supplies Market: Segmentation
The LED power supplies market can be segmented on the basis of type, industry and region.
The LED power supplies market segmentation by type,
The LED power supplies market segmentation by industry,
Commercial & Retail
Global LED Power Supplies Market: Competition Landscape
In November 2017, AC Electronics announced a new partnership with WPG Americas Inc., an electronic components manufacturer. WPG Americas Inc. has long-term customer relationships in the LED driver market and hence, both companies together will become a fast and reliable source for complete LED driver/module systems.
Key vendors in the LED power supplies market include Murata Manufacturing Co. Ltd., Mean Well Enterprises Co. Ltd, Jameco Electronics, AC Electronics, Amperor Inc. and Salcomp Plc.
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The report is a compilation of first-hand information, qualitative & quantitative assessment by industry analysts, as well as inputs from industry experts & industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Detailed overview of parent market
Changing market dynamics of the industry
In-depth market segmentation
Historical, current and projected market size in terms of value
Recent industry trends and developments
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
Must-have information for market players to sustain and enhance their market footprint
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