Semiconductor

  The global LED drivers market is witnessing rapid sales due to the pressing demand for energy-efficient lights. Additionally, the booming automotive sector drives considerable market demand. Moreover, the rising demand for energy-efficient lights and increasing use in the digital advertising & consumer electronics sector accelerate the LED drivers market growth. According to Market Research Future (MRFR), the  LED Drivers Market  valuation is expected to reach USD 17,522.74 Million by 2026, growing at 25.25% CAGR throughout the assessment period (2020-2026). Extensive uptake of LEDs in various small and large devices across the electronics industry is a major growth driver for the substantial market demand. Recent COVID-19 pandemic increased the importance of sanitizing more than ever. This further has pushed applications of UV-C LED disinfection technology. LED drivers would play a causal role and the features needed for UV-C applications. Rising developments of co...

  Market Research Future published a research report on “LED Drivers Market Research Report - Global Forecast till 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027 The global LED drivers market is witnessing rapid sales due to the pressing demand for energy-efficient lights. Additionally, the booming automotive sector drives considerable market demand. Moreover, the rising demand for energy-efficient lights and increasing use in the digital advertising & consumer electronics sector accelerate the LED drivers market growth. According to Market Research Future (MRFR), the  LED Drivers Market  valuation is expected to reach USD 17,522.74 Million by 2026, growing at 25.25% CAGR throughout the assessment period (2020-2026). Extensive uptake of LEDs in various small and large devices across the electronics industry is a major growth driver for the substantial market demand. Recent COVID-19 pandemic increased the importance of sanitizing more than...

  Market Research Future published a research report on “LED Drivers Market Research Report - Global Forecast till 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027 Market Overview  LED drivers market 2020 can possibly attain a valuation of USD 18,522.74 Million by 2025-end, presumes Market Research Future (MRFR). MRFR also says that the market can expand at a notable rate of 31.58% during the review period, which is between 2019 and 2025. Growth Boosters and Main Restraints  The exponential proliferation of COVID-19 globally has severely impacted the semiconductor industry, with the temporary shutting down of manufacturing facilities and subsequent slowdown in production. The pandemic has led to disruption in the ecosystem with various supply chain vendors striving to curb their dependency on China. The current lockdowns situation has not only affected the manufacturing sector but has also restrained the demand for semiconductor devices among c...