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What is the future development of LED lighting?

Update:19-11-2020
Summary:

It is estimated that during the forecast period (2020 t […]

It is estimated that during the forecast period (2020 to 2025), the compound annual growth rate of the LED driver market is 29.28%. In terms of size and reliability, LED drivers have become the bottleneck of LED lighting.

They provide basic advantages for LED lighting, with smaller dimensions, higher reliability, and higher efficiency on the dimming curve. Federal governments and councils of various countries have deliberately stimulated investment in energy-saving practices and technologies in continuously improving energy-saving policies China LED Plant Light Suppliers.

Display devices such as smart phones, tablet computers, notebook computers, and TVs have been widely adopted LED backlight systems due to their low power consumption, small and thin packaging capabilities. Despite being widely adopted, manufacturers continue to invest in backlight systems to enhance the user experience.

The residential market is in great demand for solutions; according to the US Department of Energy, at least 500 million recessed downlights are installed in American houses, and more than 20 million are sold every year. Therefore, in the next few years, the demand for drivers in this segment is expected to increase significantly.