LED Driver Market, By Component (Driver IC, Discrete Component, and Others), By Supply Type (Constant Current, Constant Voltage), By Application (Consumer Electronics, Lighting, Automotive, and Outdoor Displays), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Jul 2024

Code : CMI5125

Pages :169

Formats :

Excel and PDF

Industry : Semiconductors

Key Developments

In April 2023, ACE LED, a leader in LED driver innovation, introduced the Mini-Rail Constant Power Linear Emergency LED Driver, which is recognized as the industry's smallest LED driver, measuring just 0.83 inches high and 1 inch wide. The Mini-Rail features a wide output voltage range, an isolated relay driver, and a highly efficient LiFePO4 battery. This innovative driver provides constant power for over 90 minutes during emergencies, making it suitable for diverse lighting applications while ensuring reliability and efficiency.
In March 2023, Cree LED, a leading manufacturer of advanced LED technology, introduced the J Series 5050C, an E-Class LED that boasts the highest efficacy in the industry for high-power LEDs, achieving 228 lumens per watt (LPW) at 70 CRI and 4000K with a power consumption of 1W. These advanced LEDs provide up to three times the light output compared to competing 5050 LEDs while maintaining the same level of efficacy. With the addition of the J Series, Cree LED now offers four performance levels in its LED portfolio, catering to a variety of directional general lighting applications.
In March 2022, Signify Holdings, the world leader in lighting solutions, and Perfect Plants expanded their collaboration on cannabis grow lights. Signify supplies flexible Green Power LED systems, which serve as the brain of an LED lighting system. Two new climate cells are equipped with dimmable Philips Green Power LED top lighting compact grow lights and the Philips Grow Wise Control System, providing an effective and efficient lighting solution for every growth phase. This partnership aims to enhance the cultivation of cannabis through advanced lighting technology.
In February 2022, GE Current, a Dain tree company specializing in advanced lighting solutions, fully acquired the commercial and industrial (C&I) lighting division of Hubbell Incorporated. This acquisition resulted in the formation of a world-class end-to-end lighting solutions firm, combining the strengths of both companies to enhance their offerings in the lighting market. The Hubbell C&I lighting business, known for its professional lighting and controls, will now be integrated into Current's extensive portfolio, positioning the new entity for growth and innovation in the lighting industry.