Compressed LED Light Engine Market Current Trends and Top Benefits Till 2026

LED Light Engine originates from Zhaga consortium. According to Zhaga definition, LED light engine or LLE is the combination of one or more LED modules, together with an LED driver (also known as electronic control gear, or ECG). Some LLEs contain an integrated driver, while some LLEs consist of one or more LED modules together with a separate driver. Therefore, LED Light Engine is a device that between LED fixtures and LED Luminaire. In a more simple definition: make led module and constant current driver printed on one Alu PCB.

 Top Manufacturers in Compressed LED Light Engine Market are:

 Ab Fagerhult , Acuity Brands Inc., Cree Inc. , GE Lighting (GE Lighting + Current), Gerard Lighting, Glamox AS, Halla A.S., Hubbell Incorporated, LEDrabrands Inc., Lutron Electronics, OSRAM Licht Ag, Samsung Electronics, Signify Lighting NV, Wipro Enterprises (P) Limited and Zumtobel Group Ag.

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Global LED Light Engine Market is accounted for $21.88 billion in 2017 and is expected to reach $84.53 billion by 2026 growing at a CAGR of 16.2% during the forecast period. The increasing consumer demand for energy-efficient lighting systems, reduction in prices of LEDs, and high penetration of LEDs as a light source in the general lighting market are expected to drive the growth of this market. However, development of alternative technologies and lack of awareness regarding installation costs and payback periods are hindering the growth of LED light engine market across the globe.

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