MARKET OVERVIEW
An Outdoor Low Power LED Lighting
Driver is an essential electronic device designed to convert mains AC power into regulated DC power suitable for low-power outdoor LEDs (typically below 25W). These drivers ensure energy-efficient, safe, and reliable operation of exterior lighting systems such as small street lights in parks, architectural lighting, and landscape fixtures. Their water-resistant design and high durability make them ideal for outdoor environments.
MARKET SIZE & GROWTH
• The global Outdoor Low Power LED Lighting Driver Market was valued at $59.1 million in 2023.
• It is projected to reach $92.5 million by 2030.
• The market is expected to grow at a CAGR of 6.8% during the forecast period.
