MARKET OVERVIEW
The global shift towards energyefficient lighting solutions, such as LED lighting, is driving the demand for clean power LED drivers, which play a crucial role in delivering reliable and stable power to LED lighting systems. There is a growing emphasis on energy efficiency and power quality in lighting systems, leading to the adoption of clean power LED drivers that provide high power factor and low harmonic distortion.
MARKET SIZE & GROWTH
• The Global Clean Power LED Drivers Market was valued at US$ 1.4 billion in 2024.
• It is projected to reach US$ 2.2 billion by 2032.
• The market is expected to grow at a CAGR of 6.2% from 2024 to 2032.
