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Semiconductor and Electronics

Global LED Driver Market Size study, by Supply Type (Constant Voltage, Constant Current), by Application (Automotive, Consumer Electronics, Lighting Outdoor Display) and Regional Forecasts 2022-2028.

  • BIZ4983432
  • 200 Pages
  • July 2022
  • Semiconductor and Electronics
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Global LED Driver Market is valued approximately USD 5.04 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 523.5% over the forecast period 2022-2028. The light-emitting diode driver has become a vital component of industrial and commercial lighting, significantly lowering power costs. The increasing use of LED lights in a variety of applications, including outdoor, automotive, industrial, and horticulture lighting, is fueling the expansion of the global LED driver market. Various governments throughout the world have undertaken smart city programmes to provide technologically sophisticated and environmentally friendly living environments. Sustainable lighting is a critical component of such initiatives. As a result, demand for IoT-based smart lighting systems is increasing in these nations. Many cities have also installed smart street lights that use daylight sensors to switch on and off. Next-generation light emitting diodes make it easier for designers to create efficient luminaries. A high voltage driver, for example, may power up to 17 LEDs in series at constant currents ranging from 350mA to 1,200mA. Such advances are projected to drive future market growth. Furthermore, firms like Signify Holdings and Microchip Technology, Inc are investing more in R&D to increase the efficiency of existing lighting systems. Signify Holdings, for example, unveiled a new range of Philips Hue intelligent lighting products and functionalities in January 2022 to let consumers create the right atmosphere both indoors and out. Philips Hue Lucca wall light, Inara wall light, Calla bollard in stainless steel, and Resonate wall light were among the new models. However, absence of certain industry-defined standards to test the characteristics and behavior of such drivers impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the Global LED Driver Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific emerged as the market leader. The regional growth is attributable to increasing penetration of LED lighting, government subsidies, and improving manufacturing facilities in the region. China is a global base for consumer and industrial electronics manufacturing and a prominent supplier of LED drivers to the world. The increasing demand for LEDs across consumer electronics, such as smartphones, tablets, laptops, and T.V.s, is expected to drive the demand for these components over the forecast period.

Major market player included in this report are:

ACE LEDS

Microchip Technology, Inc

Cree LED

GE Current, a Daintree Company

Signify Holdings

SAMSUNG

Lutron Electronics Co., Ltd

Macroblock, Inc

Maxim Integrated

NXP Semiconductors

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Supply Type:

Constant Voltage

Constant Current

By Application:

Automotive

Consumer Electronics

Lighting Outdoor Display

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020

Base year – 2021

Forecast period – 2022 to 2028

Target Audience of the Global LED Driver Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)

1.2.1. LED Driver Market, by Region, 2020-2028 (USD Billion)

1.2.2. LED Driver Market, by Supply Type, 2020-2028 (USD Billion)

1.2.3. LED Driver Market, by Application, 2020-2028 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global LED Driver Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global LED Driver Market Dynamics

3.1. LED Driver Market Impact Analysis (2020-2028)

3.1.1. Market Drivers

3.1.1.1. Increasing penetration of the light emitting diodes used lighting in commercial and industrial segments

3.1.1.2. Increasing investment in research and development to improve the efficiency of the existing lighting solutions.

3.1.2. Market Challenges

3.1.2.1. Absence of certain industry-defined standards to test the characteristics and behaviour of such drivers

3.1.3. Market Opportunities

3.1.3.1. Technological improvements in LED Driver

Chapter 4. Global LED Driver Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

4.5. Top investment opportunity

4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry

5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global LED Driver Market, by Supply Type

6.1. Market Snapshot

6.2. Global LED Driver Market by Supply Type, Performance - Potential Analysis

6.3. Global LED Driver Market Estimates & Forecasts by Supply Type 2018-2028 (USD Billion)

6.4. LED Driver Market, Sub Segment Analysis

6.4.1. Constant Voltage

6.4.2. Constant Current

Chapter 7. Global LED Driver Market, by Application

7.1. Market Snapshot

7.2. Global LED Driver Market by Application, Performance - Potential Analysis

7.3. Global LED Driver Market Estimates & Forecasts by Application 2018-2028 (USD Billion)

7.4. LED Driver Market, Sub Segment Analysis

7.4.1. Automotive

7.4.2. Consumer Electronics

7.4.3. Lighting Outdoor Display

Chapter 8. Global LED Driver Market, Regional Analysis

8.1. LED Driver Market, Regional Market Snapshot

8.2. North America LED Driver Market

8.2.1. U.S. LED Driver Market

8.2.1.1. Supply Type breakdown estimates & forecasts, 2018-2028

8.2.1.2. Application breakdown estimates & forecasts, 2018-2028

8.2.2. Canada LED Driver Market

8.3. Europe LED Driver Market Snapshot

8.3.1. U.K. LED Driver Market

8.3.2. Germany LED Driver Market

8.3.3. France LED Driver Market

8.3.4. Spain LED Driver Market

8.3.5. Italy LED Driver Market

8.3.6. Rest of Europe LED Driver Market

8.4. Asia-Pacific LED Driver Market Snapshot

8.4.1. China LED Driver Market

8.4.2. India LED Driver Market

8.4.3. Japan LED Driver Market

8.4.4. Australia LED Driver Market

8.4.5. South Korea LED Driver Market

8.4.6. Rest of Asia Pacific LED Driver Market

8.5. Latin America LED Driver Market Snapshot

8.5.1. Brazil LED Driver Market

8.5.2. Mexico LED Driver Market

8.6. Rest of The World LED Driver Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies

9.2. Company Profiles

9.2.1. ACE LEDS

9.2.1.1. Key Information

9.2.1.2. Overview

9.2.1.3. Financial (Subject to Data Availability)

9.2.1.4. Supply Type Summary

9.2.1.5. Recent Developments

9.2.2. Microchip Technology, Inc

9.2.3. Cree LED

9.2.4. GE Current, a Daintree Company

9.2.5. Signify Holdings

9.2.6. SAMSUNG

9.2.7. Lutron Electronics Co., Ltd

9.2.8. Macroblock, Inc

9.2.9. Maxim Integrated

9.2.10. NXP Semiconductors

Chapter 10. Research Process

10.1. Research Process

10.1.1. Data Mining

10.1.2. Analysis

10.1.3. Market Estimation

10.1.4. Validation

10.1.5. Publishing

10.2. Research Attributes

10.3. Research Assumption

List of Tables

TABLE 1. Global LED Driver Market, report scope

TABLE 2. Global LED Driver Market estimates & forecasts by Region 2018-2028 (USD Billion)

TABLE 3. Global LED Driver Market estimates & forecasts by Supply Type 2018-2028 (USD Billion)

TABLE 4. Global LED Driver Market estimates & forecasts by Application 2018-2028 (USD Billion)

TABLE 5. ssGlobal LED Driver Market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 6. Global LED Driver Market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 7. Global LED Driver Market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 8. Global LED Driver Market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 9. Global LED Driver Market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 10. Global LED Driver Market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 11. Global LED Driver Market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 12. Global LED Driver Market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 13. Global LED Driver Market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 14. Global LED Driver Market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 15. U.S. LED Driver Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 16. U.S. LED Driver Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 17. U.S. LED Driver Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 18. Canada LED Driver Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 19. Canada LED Driver Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 20. Canada LED Driver Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 21. UK LED Driver Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 22. UK LED Driver Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 23. UK LED Driver Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 24. Germany LED Driver Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 25. Germany LED Driver Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 26. Germany LED Driver Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 27. RoE LED Driver Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 28. RoE LED Driver Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 29. RoE LED Driver Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 30. China LED Driver Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 31. China LED Driver Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 32. China LED Driver Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 33. India LED Driver Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 34. India LED Driver Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 35. India LED Driver Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 36. Japan LED Driver Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 37. Japan LED Driver Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 38. Japan LED Driver Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 39. RoAPAC LED Driver Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 40. RoAPAC LED Driver Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 41. RoAPAC LED Driver Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 42. Brazil LED Driver Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 43. Brazil LED Driver Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 44. Brazil LED Driver Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 45. Mexico LED Driver Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 46. Mexico LED Driver Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 47. Mexico LED Driver Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 48. RoLA LED Driver Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 49. RoLA LED Driver Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 50. RoLA LED Driver Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 51. Row LED Driver Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 52. Row LED Driver Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 53. Row LED Driver Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 54. List of secondary sources, used in the study of global LED Driver Market

TABLE 55. List of primary sources, used in the study of global LED Driver Market

TABLE 56. Years considered for the study

TABLE 57. Exchange rates considered

 
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