Market Overview:
The global commercial LED lighting driver market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient lighting solutions, growing awareness about the benefits of LED lights, and rising investments in smart city projects. The global commercial LED lighting driver market can be segmented on the basis of type into DALI, 0-10V dimming, standard (non-dim), triac dimming, and smart driver. The DALI segment is expected to grow at a CAGR of 7.8% during the forecast period from 2018 to 2030 due to its ability to provide fine control over individual luminaires and superior compatibility with LEDs compared with other types of drivers. The 0-10V dimming segment is also expected to grow at a healthy rate during the forecast period as it offers an easy way for users to adjust light levels without any specialized knowledge or training required. On the basis of application, the global commercial LED lighting driver market can be divided into indoor lighting, outdoor lighting, and special Lighting applications such as stage & theatrical Lighting and signage & display Lighting .
Product Definition:
A commercial LED lighting driver is a device that regulates the current and voltage to an LED light fixture. This is important because it ensures that the LEDs receive a consistent power supply, which results in more reliable and longer-lasting illumination. Commercial LED lighting drivers are often used in places like office buildings, hospitals, and other large-scale facilities.
DALI:
The demand for Advanced Light Source (ALS) has grown significantly in the commercial sector over the past few years. The ALS is a type of light source that emits white light, which can be used to illuminate large areas with high intensity and quality. It offers various advantages such as uniformity, reduced heat loss/gain, enhanced color rendering index (CRI), higher lumen power per watt among others.
0-10V Dimming:
0-10V dimming is a power supply regulation method that uses digitally programmed voltage regulators to decrease the output intensity of a light source. The technique is used in commercial LED lighting driver market for controlling the brightness of LEDs with an accuracy level within 1%. It helps in saving energy and reducing greenhouse gas emissions by lowering the intensity of lights when it’s not needed, thus making it suitable for use in offices, retail stores, hotels and hospitals among others.
Application Insights:
The indoor lighting segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing use of LED light sources for general illumination purposes in offices, retail stores, hospitals, museums and other indoor public places.
The outdoor lighting segment is expected to witness considerable growth over the forecast period owing to increased demand from government authorities and public infrastructure projects such as roadsigns, streetlights and traffic signals across various regions including North America, Europe, Asia Pacific and Middle East & Africa. Government initiatives such as LightSavers program by The Climate Group are further drivingLED streetlight demand globally. For instance; under this program; Paris will replace all its traditional streetlights with LEDs by 2018 thus saving around USD 8 million annually on energy costs while providing better quality light compared to conventional lamps used worldwide today.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid urbanization, which has resulted in increased commercial space development projects. Furthermore, growing awareness regarding energy conservation and sustainability is anticipated to drive product demand over the forecast period.
The growth of retail sector across Asia Pacific owing to increasing consumer spending on electronic goods and accessories is further expected to boost industry expansion over the next eight years. Moreover, rising investments by governments for infrastructural development are likely to create new opportunities for LED lighting driver manufacturers across countries such as China, India Japan South Korea among others thereby boosting regional growth considerably.
Europe accounted for a significant share of revenue generation in 2017 owing both volume as well as revenue based on type products offered by vendors operating within region since 2005 (calendar year).
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Rising awareness about the benefits of LED lighting
- Technological advancements in LED lighting technology
- Growing demand for smart and connected LED lighting systems
- Proliferation of Internet of Things (IoT) and big data analytics
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial LED Lighting Driver Market Research Report
By Type
DALI, 0-10V Dimming, Standard(non-dim), Triac Dimming, Smart Driver
By Application
Indoor Lighting, Outdoor Lighting, Special Lighting
By Companies
MEAN WELL, Philips, Inventronics, Tridonic, Delta Electronics, Hubbell Lighting, MOSO Power, Eaglerise, TCI, OSRAM SYLVANIA, LIFUD, SELF
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Commercial LED Lighting Driver Market Report Segments:
The global Commercial LED Lighting Driver market is segmented on the basis of:
Types
DALI, 0-10V Dimming, Standard(non-dim), Triac Dimming, Smart Driver
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Indoor Lighting, Outdoor Lighting, Special Lighting
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- MEAN WELL
- Philips
- Inventronics
- Tridonic
- Delta Electronics
- Hubbell Lighting
- MOSO Power
- Eaglerise
- TCI
- OSRAM SYLVANIA
- LIFUD
- SELF
Highlights of The Commercial LED Lighting Driver Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- DALI
- 0-10V Dimming
- Standard(non-dim)
- Triac Dimming
- Smart Driver
- By Application:
- Indoor Lighting
- Outdoor Lighting
- Special Lighting
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Commercial LED Lighting Driver Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A commercial LED lighting driver is a device that converts electrical energy into light. It can be used in a variety of applications, such as streetlights, signs, and displays.
Some of the major companies in the commercial led lighting driver market are MEAN WELL, Philips, Inventronics, Tridonic, Delta Electronics, Hubbell Lighting, MOSO Power, Eaglerise, TCI, OSRAM SYLVANIA, LIFUD, SELF.
The commercial led lighting driver market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial LED Lighting Driver Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Commercial LED Lighting Driver Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial LED Lighting Driver Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Commercial LED Lighting Driver Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Commercial LED Lighting Driver Market Size & Forecast, 2018-2028
4.5.1 Commercial LED Lighting Driver Market Size and Y-o-Y Growth
4.5.2 Commercial LED Lighting Driver Market Absolute $ Opportunity
Chapter 5 Global Commercial LED Lighting Driver Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Commercial LED Lighting Driver Market Size Forecast by Type
5.2.1 DALI
5.2.2 0-10V Dimming
5.2.3 Standard(non-dim)
5.2.4 Triac Dimming
5.2.5 Smart Driver
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Commercial LED Lighting Driver Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Commercial LED Lighting Driver Market Size Forecast by Applications
6.2.1 Indoor Lighting
6.2.2 Outdoor Lighting
6.2.3 Special Lighting
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial LED Lighting Driver Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Commercial LED Lighting Driver Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Commercial LED Lighting Driver Analysis and Forecast
9.1 Introduction
9.2 North America Commercial LED Lighting Driver Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Commercial LED Lighting Driver Market Size Forecast by Type
9.6.1 DALI
9.6.2 0-10V Dimming
9.6.3 Standard(non-dim)
9.6.4 Triac Dimming
9.6.5 Smart Driver
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Commercial LED Lighting Driver Market Size Forecast by Applications
9.10.1 Indoor Lighting
9.10.2 Outdoor Lighting
9.10.3 Special Lighting
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Commercial LED Lighting Driver Analysis and Forecast
10.1 Introduction
10.2 Europe Commercial LED Lighting Driver Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Commercial LED Lighting Driver Market Size Forecast by Type
10.6.1 DALI
10.6.2 0-10V Dimming
10.6.3 Standard(non-dim)
10.6.4 Triac Dimming
10.6.5 Smart Driver
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Commercial LED Lighting Driver Market Size Forecast by Applications
10.10.1 Indoor Lighting
10.10.2 Outdoor Lighting
10.10.3 Special Lighting
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Commercial LED Lighting Driver Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Commercial LED Lighting Driver Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Commercial LED Lighting Driver Market Size Forecast by Type
11.6.1 DALI
11.6.2 0-10V Dimming
11.6.3 Standard(non-dim)
11.6.4 Triac Dimming
11.6.5 Smart Driver
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Commercial LED Lighting Driver Market Size Forecast by Applications
11.10.1 Indoor Lighting
11.10.2 Outdoor Lighting
11.10.3 Special Lighting
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Commercial LED Lighting Driver Analysis and Forecast
12.1 Introduction
12.2 Latin America Commercial LED Lighting Driver Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Commercial LED Lighting Driver Market Size Forecast by Type
12.6.1 DALI
12.6.2 0-10V Dimming
12.6.3 Standard(non-dim)
12.6.4 Triac Dimming
12.6.5 Smart Driver
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Commercial LED Lighting Driver Market Size Forecast by Applications
12.10.1 Indoor Lighting
12.10.2 Outdoor Lighting
12.10.3 Special Lighting
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Commercial LED Lighting Driver Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Commercial LED Lighting Driver Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Commercial LED Lighting Driver Market Size Forecast by Type
13.6.1 DALI
13.6.2 0-10V Dimming
13.6.3 Standard(non-dim)
13.6.4 Triac Dimming
13.6.5 Smart Driver
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Commercial LED Lighting Driver Market Size Forecast by Applications
13.10.1 Indoor Lighting
13.10.2 Outdoor Lighting
13.10.3 Special Lighting
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Commercial LED Lighting Driver Market: Competitive Dashboard
14.2 Global Commercial LED Lighting Driver Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 MEAN WELL
14.3.2 Philips
14.3.3 Inventronics
14.3.4 Tridonic
14.3.5 Delta Electronics
14.3.6 Hubbell Lighting
14.3.7 MOSO Power
14.3.8 Eaglerise
14.3.9 TCI
14.3.10 OSRAM SYLVANIA
14.3.11 LIFUD
14.3.12 SELF
