LED Driver Market to Reach $79.33 Billion, Globally, by 2030 at 27.2% CAGR

Drivers, restraints, and opportunities Surge in adoption of energy-efficient lighting, rise in development of programmable LED drivers, and increase in implementation of smart infrastructure in developing regions fuel the growth of the global LED driver market. However, high costs of installation hinders the market growth. On the other hand, emergence of IoT enabled lighting solutions …