The advent of LED technology modernized the lighting industry.
With LEDs offering many advantages, such as lower costs and a longer lifespan, companies and consumers have quickly switched. The global LED driver market is expected to grow 24.7%, bringing the industry total to 6.6 billion (USD).
Despite disruptions in the supply chain, manufacturers of LED drivers are bumping up their capacity to meet increased demand for LED drivers and power sources.
The leading factors contributing to LED technology adoption are the desire for cost savings, the need to meet government regulations, and good corporate citizenship. Other seminal factors include the increasing installation of IoT systems and the movement to adopt universal protocols for lighting control technologies. The commercial and consumer preference for more sophisticated IoT systems shows no signs of slowing—the motivation for the LED lighting industry to innovate new products and increase production is considerable.
Lighting designers choose between Constant current (CC) and constant voltage (CV). Each has advantages, and purchases of both LED drivers will continue to flourish.
Both CC and CV LED drivers play an essential role in lighting design. Our partners at Arrow Electronics explain that while LEDs are constant current devices, designers have other factors to consider when selecting LED drivers.
GRE Alpha believes in choosing the proper power supply based on the application. We manufacture constant voltage, constant current, and dual-mode LED drivers to meet our customers' needs. We love CV LED drivers for signage and other applications that rely on vibrant or contrasting colors. Some projects, such as the Chongqing International Bike Centre use a combination of devices.
That said, constant current power sources are selected more frequently. Vantage Market Research forecasts that the constant current LED Driver category will account for more than 66% of total sales by 2028.
Constant current LED Drivers are prized for their versatility. They excel at powering commercial LED lighting and smart IoT devices and offer better control than their constant voltage counterparts, making them ideal for high-power applications./
Some advantages include:
The lighting industry is ever-evolving, with new technological advancements introduced regularly.
Constant current LED drivers have been no exception to this trend, as manufacturers continue to create innovative solutions to suit the market's changing needs. These advancements have also resulted in a broader range of options being available for businesses and consumers to choose from, including advances in smart lighting.
With numerous advantages, these constant current drivers are growing in popularity, and they will continue playing a crucial role in the lighting industry for years. Demand will continue to rise as manufacturers innovate and expand their product lines.
GRE Alpha is proud to continue providing innovative products—including our constant current drivers. Follow us on LinkedIn https://www.linkedin.com/company/gre-alpha/ to keep up with more industry trends, or check out our resources section to learn more about selecting the right LED driver.
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