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Isolated LED Driver Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Isolated LED Driver Market SizeAccording to new survey, global Isolated LED Driver market is projected to reach US$ 2153.6 million in 2029, increasing from US$ 504 million in 2022, with the CAGR of 23.9% during the period of 2023 to 2029.
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Isolated LED Driver Market
In an isolated LED driver the Input (AC side) & Output (LED side) are separated by power transformer which provides galvanic isolation. Isolated power supply transform the 110/220V AC voltage to the lower voltage by means of an isolation transformer
The market trend for isolated LED drivers was moving towards higher efficiency, better dimming capabilities, increased integration, and higher power density. LED lighting has gained widespread adoption due to its energy efficiency and long lifespan, and the demand for more advanced LED drivers has been increasing.Energy efficiency is a critical factor in LED driver design. Manufacturers are continually working on improving the efficiency of isolated LED drivers to minimize power losses and improve overall energy savings.Dimming capabilities have become more important in LED lighting systems, as they offer better control over the lighting environment and enable additional energy savings. LED drivers with smooth, flicker-free dimming options have seen growing demand.
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Segment by Type
• Low Voltage Driver
• High Voltage Driver
Segment by Application
• Commercial LED Lighting
• Home Appliances
• Others
By Company
Xitanium, Onsemi, Infineon Technologies, Analog Devices, Taiwan Semiconductor, Pyrotech, Power Integrations, Philips, STMicroelectronics, Technobeam System, GLO LED Private Limited, Bullseyetek, Yuan Dean, WINSEMI, Resources Group
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