According to the latest report released by IMS Research ,opportunities of LED lighting power device market,in 2016 the global LED lighting power market is expected to reach $ 10 billion.The report points out that, due to legislative reasons and electricity costs continue to rise, the LED lighting market has the rapid development, the global demand for power supply in 2016 is expected to reach 4 billion, or $ 10 billion. Residential lighting transformation from low-power to high-power commercial and industrial applications of the LED lights,demand is growing.The report also points out that the traditional lighting market is firmly entrenched, to provide power for the LED lights, LED manufacturers are facing new challenges that require strong power devices, professional and technical, this created an opportunity for power supply manufacturers. LED lighting power depends on the rated power, the LED and the number of LED light string and the use of environmental design factors. Sanderson said that these design requirements of the power device expertise, coupled with the lack of standards for LED lighting means that LED lighting manufacturers need to be able to employ industry experts or professional power supply manufacturers.According to the report, LED lighting will become the only chance of the power industry, general lighting for the power industry has been a smaller low-growth market. However, competition in the lighting industry has been fierce, and some large-scale LED lighting manufacturers are trying to address these challenges.One of the authors of the report and chief market analyst ,JonathonEykyn said that some large-scale LED lighting manufacturers have the ability to design and manufacture of power circuit through a subsidiary or the acquisition of power supply manufacturers. PhilipsAdvance is a typical example. |
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LED Lighting Power Market Will Reach $ 10 Billion In 2016