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Home > QYR in News > On April 12, Shenzhen Songsheng Electronic Company cited QYResearch's LED lighting power supply market analysis report in its annual report
On April 12, Shenzhen Songsheng Electronic Company cited QYResearch's LED lighting power supply market analysis report in its annual report
According to QYResearch "2023-2029 Global and China LED Lighting Power Supply Industry Research and 14th Five-Year Plan Analysis Report", the global LED lighting power supply market size of about 8.394 billion U.S. dollars in 2022, is expected to 2029 will reach 10.034 billion U.S. dollars, of which the global market share of different types of LED lighting power supply in 2022, according to the power differentiation In 2022, the global power supply market share of power supplies above 25W in different product types was 98.09%, and it is expected to maintain a considerable proportion in 2029, i.e., the market size of medium- and high-power LED driving power supplies in which the company is deeply engaged is expected to be about $9.8 billion in 2029. In addition, in view of the segmentation of LED lighting drive field and the dispersion of global LED lighting power supply manufacturers, according to the research statistics of QYResearch, the company's market share among the global LED lighting power supply manufacturers will be 1.31% in 2022, and there is still plenty of room for improvement.
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