Description According to Market Statsville Group (MSG), the global market for LED emergency drivers is forecast to grow at a CAGR of 6.3% from 2022 to 2030. LED drivers are designed for indoor and outdoor exits, humidity, cold temperatures, lights walkways, downlights, and Class 2 installations. Provides AC and emergency operations. It ensures that lighting is provided consistently and automatically for a sufficient period of time during a power outage or certain emergencies to allow people trapped in such blackout situations to safely evacuate. Emergency LED drivers allow LED luminaires to serve as emergency lighting. The exponential demand for energy efficient lighting systems from the residential,

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Impact of COVID-19 on Global LED Emergency Driver Market The COVID-19 pandemic has affected every industry globally in 2020. As a result of this pandemic, COVID has had a significant impact on the global supply chain . China is a center for the production of raw materials. However, the spread of the pandemic in China has affected export activities.  Government-initiated lockdowns in most countries have negatively affected the manufacturing activities and demand for semiconductor devices, which, in turn, is hampering the growth of the LED driver market.

Scope of Global LED Emergency Drivers Market The study categorizes the LED Emergency Drivers market on the basis of product, end-use, and application, on a regional and global basis.

By product (revenue, millions of USD, 2017-2030)

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External DC Fuse No External DC Fuse By End Use ($M Revenue, 2017-2030) Residential Industrial Commercial By Application ($M Revenue, 2017-2030) Indoor Linear Fixtures High Bay Fixtures Lighting Fixtures Embedded Other Insights by Region (Revenue, USDM, 2017-2030) North America US Canada Mexico Europe Germany Italy France United Kingdom Spain Poland Russia Slovenia Slovakia The Netherlands Belgium Norway Denmark Czech Republic Sweden Rest of Europe Asia Pacific Porcelain Japan India South Korea Indonesia Malaysia Thailand Vietnam The Philippines Singapore Australia and New Zealand Rest of Asia Pacific South America Brazil Argentina Colombia Rest of South America Middle East and Africa Saudi Arabia United Arab Emirates States South Africa North Africa Rest of MEA

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It is noted that the segment of industrial LED emergency driver systems accounts for the largest market share by end use In 2021, the increasing number of construction projects around the world promoted the growth prospect of emergency lighting. Because natural light does not maintain a sufficient lighting level. For example, basements, internal corridors, or shadows from nearby buildings. Assume that any work area, including under temporary support structures, eg formwork platforms, is not sufficiently illuminated by emergency lighting. In that case, additional emergency lighting should be installed to illuminate the work area and allow safe egress.

Asia-Pacific represents the highest CAGR during the forecast period

Globally, Asia-Pacific is estimated to have the highest CAGR in the LED emergency driver market due to governments in the region actively promoting the adoption of emergency lighting. In addition, China is the hub for LED raw materials and suppliers, creating a lucrative growth opportunity for the market.

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Global Market Key Players LED Emergency Driver Dengfeng Ltd KinaLED Emergency Lighting Warranty Bodine McWong International Jialinghang Electronic Engineering IOTA AC Electronics Shenzhen ATA Technology Shenzhen KVD Technology Philips Fulham Hatch Lighting