Global Outdoor LED Lighting Driver Market Growth 2023-2029

Global Outdoor LED Lighting Driver Market Growth 2023-2029

The global Outdoor LED Lighting Driver market size is projected to grow from US$ 2936.2 million in 2022 to US$ 5550.4 million in 2029; it is expected to grow at a CAGR of 9.5% from 2023 to 2029.

MEAN WELL is the world's largest manufacturers of the Outdoor LED Lighting Driver with a market share of nearly 9%. Other major manufacturers include Philips, Inventronics and Tridonic, etc. China dominates the Global Outdoor LED Drive power market, occupying for a share of about 74% of the global production, in addition to Europe, which is an important production region. In terms of product types, high power is the largest market segment, occupying for a share of over 80%. In terms of product applications, Outdoor LED Lighting Driver is mainly used in street, with a market share of over 95%, followed by park.

An outdoor LED driver (also called an outdoor LED lighting driver) is a water resistant device that provides power to an exterior LED light fitting. It is responsible for converting the mains power into the correct voltage and current that is usable by the LED light.

LPI (LP Information)' newest research report, the “Outdoor LED Lighting Driver Industry Forecast” looks at past sales and reviews total world Outdoor LED Lighting Driver sales in 2022, providing a comprehensive analysis by region and market sector of projected Outdoor LED Lighting Driver sales for 2023 through 2029. With Outdoor LED Lighting Driver sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Outdoor LED Lighting Driver industry.

This Insight Report provides a comprehensive analysis of the global Outdoor LED Lighting Driver landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Outdoor LED Lighting Driver portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Outdoor LED Lighting Driver market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Outdoor LED Lighting Driver and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Outdoor LED Lighting Driver.

This report presents a comprehensive overview, market shares, and growth opportunities of Outdoor LED Lighting Driver market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
High Power
Medium Power
Low Power

Segmentation by application
Street
Park
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
MEAN WELL
Philips
Inventronics
Tridonic
Delta Eletronics
MOSO Power
Eaglerise
SOSEN Electronics
TCI
Osram
LIFUD
HEP

Key Questions Addressed in this Report

What is the 10-year outlook for the global Outdoor LED Lighting Driver market?

What factors are driving Outdoor LED Lighting Driver market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Outdoor LED Lighting Driver market opportunities vary by end market size?

How does Outdoor LED Lighting Driver break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.