Report overview
The global LED Electronic Ballast market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2023, While China is Forecast to Reach $ Million.
Constant-current Drivers Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of LED Electronic Ballast include Acuity Brands, Advanced Lighting Technologies, Atlas Lighting Products, Eaton, Creston Electronics, GE Lighting, Hatch Transformers, Leviton Manufacturing and Lutron Electronics, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
LED electronic ballast use a technology that's similar to a ballast called a driver. Like a ballast, a driver regulates the electricity within a lighting fixture to keep the current consistent. Every LED light bulb requires a driver to operate.
This report aims to provide a comprehensive presentation of the global market for LED Electronic Ballast, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding LED Electronic Ballast. This report contains market size and forecasts of LED Electronic Ballast in global, including the following market information:
Global LED Electronic Ballast Market Revenue, 2019-2024, 2025-2030, ($ millions)
Global LED Electronic Ballast Market Sales, 2019-2024, 2025-2030, (K Units)
Global top five LED Electronic Ballast companies in 2023 (%)
We surveyed the LED Electronic Ballast manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global LED Electronic Ballast Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global LED Electronic Ballast Market Segment Percentages, by Type, 2023 (%)
Constant-current Drivers
Constant-voltage Drivers
Global LED Electronic Ballast Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global LED Electronic Ballast Market Segment Percentages, by Application, 2023 (%)
Lighting Industry
Construction
Global LED Electronic Ballast Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global LED Electronic Ballast Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies LED Electronic Ballast revenues in global market, 2019-2024 (Estimated), ($ millions)
Key companies LED Electronic Ballast revenues share in global market, 2023 (%)
Key companies LED Electronic Ballast sales in global market, 2019-2024 (Estimated), (K Units)
Key companies LED Electronic Ballast sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Acuity Brands
Advanced Lighting Technologies
Atlas Lighting Products
Eaton
Creston Electronics
GE Lighting
Hatch Transformers
Leviton Manufacturing
Lutron Electronics
MaxLite
Osram Sylvania
JiangSu Bisong Lighting Co.,Ltd
Eckerle
Philips Lighting
Universal Lighting Technologies
Outline of Major Chapters:
Chapter 1: Introduces the definition of LED Electronic Ballast, market overview.
Chapter 2: Global LED Electronic Ballast market size in revenue and volume.
Chapter 3: Detailed analysis of LED Electronic Ballast manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of LED Electronic Ballast in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global LED Electronic Ballast capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
