Market Trends of LED Driver Industry
Wireless Control Feature to show Significant Growth
The wireless segment includes BLE, EnOcean, Li-Fi, and Zigbee. LED drivers are becoming smart with wireless controls added, operated by remote, mobile applications, and even through the voice. Protocols supported are Zigbee, 6LowPAN, ZWave, and Wi-Fi.
In March 2022, the Yangtze River International Conference Center lighting design relied on DALI dimmable LF-AADxxx series LED drivers to meet energy efficiency demands. Meanwhile, due to the precise control of the lighting energy of the DALI lighting control system and its combination with the building's high-performance curtain walls and environmental protection landscapes, the Yangtze River International Conference Center has been awarded the highest grade mark of China Green Building Evaluation and Certification System.
Zigbee is an open standard for wireless technology that uses digital radio signals for lighting and other building automation. An alternative to Bluetooth, Zigbee uses the IEEE 802.15.4 wireless standard for wireless personal area networks (WPANs) and operates on 2.4 GHz, 900 MHz, and 868 MHz frequencies. However, these frequencies can be very congested, which can interfere with signals or cause them to drop.
ZigBee is the most common protocol for wireless communication in networked lighting. This technology is relatively mature after a long time of development. Besides advantages in network architecture, ZigBee is also more power-saving. Zigbee LED driver is a professionally designed power supply for LED luminaires, compliant with the Zigbee 3.0 protocol. LED luminaires can be controlled by a gateway or remote controller to turn on/off, brightness dimming, color temperature tunable, and RGB color changing after connecting with the Zigbee LED driver.
According to the Department of Telecommunications (DoT), in June 2022, the PLI (Production Linked Incentive) scheme was amended to facilitate Design-Led Manufacturing of telecom equipment to develop the 5G ecosystem in India. LED drivers increasingly become efficient at power fluctuations and getting new and improved components.
Asia Pacific Region is Expected to Witness the Fastest Growth Rate
China is also among the significant exporter of LED solutions worldwide; the country is home to numerous local vendors that cater to local demand. Apart from this, vendors operating in the country export LED solutions to North America and other countries in the Asia-Pacific region. The increasing penetration and order in the country for LED solutions are expected to significantly impact the region's market growth.
Additionally, the government encourages the adoption of lighting technology for roadway and highway applications to save energy and maintenance costs. Such government and organizational initiatives are expected to significantly increase the country's adoption of LED lighting, thereby creating growth opportunities for the LED driver in the country.
According to Unnat Jyoti by Affordable Light Emitting Diode (LED), as of March 2022, the Distribution of 36.79 Crore LED bulbs resulted in energy savings of 47,784 million units of electricity per annum, peak demand reduction of 9,566 MW and 38.70 million tonnes of CO2 emission reduction annually.
In India, due to rapid urbanization, the growing adoption of LED lighting in general lighting applications, increasing demand for energy-efficient lighting systems, integration of IoT and lighting, and acceptance of standard lighting control protocols are driving the market growth. IoT-compatible LED drivers are growing in demand in the country against rising popularity and increasing penetration of IoT-based intelligent lighting systems.
Southeast Asia is an increasingly important market for light-emitting diodes (LED). Most of the growth comes from nationwide municipal, commercial, and home consumers, particularly in Indonesia. While Vietnam has seen the highest growth in LED lighting, with a year-on-year increase of more than 60 percent between 2013 to 2015, the transportation lighting market in Indonesia is enormous.
