LED Driver ICs Market, Global Outlook and Forecast 2023-2030
Due to increasing energy regulations, most people are familiar by now with the long life spans and energy savings associated with LEDs, or light-emitting diodes. And these innovative light sources require specialized devices called LED drivers to operate. LED drivers (also known as LED power supplies) are similar to ballasts for fluorescent lamps or transformers for lowvoltage bulbs: they provide LEDs with the electricity they require to function and perform at their best. LED drivers convert higher voltage, alternating current to low voltage, direct current. They also keep the voltage and current flowing through an LED circuit at its rated level. This report studies the Low Voltage DC-DC LED Drivers market.
This report aims to provide a comprehensive presentation of the global market for LED Driver ICs, 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 Driver ICs. This report contains market size and forecasts of LED Driver ICs in global, including the following market information:
Global LED Driver ICs Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global LED Driver ICs Market Sales, 2018-2023, 2024-2030, (K Units)
Global top five LED Driver ICs companies in 2022 (%)
The global LED Driver ICs market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, 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 2022, While China is Forecast to Reach $ Million.
Boost Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of LED Driver ICs include Texas Instruments, Analog Devices, Diodes Incorporated, STMicroelectronics, Monolithic power systems, Infineon, ON Semiconductor, Richtek and ISSI, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the LED Driver ICs 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 Driver ICs Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global LED Driver ICs Market Segment Percentages, by Type, 2022 (%)
Boost
Multi-channel
Others
Global LED Driver ICs Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global LED Driver ICs Market Segment Percentages, by Application, 2022 (%)
LED Lighting
Consumer Electronics
Others
Global LED Driver ICs Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global LED Driver ICs Market Segment Percentages, By Region and Country, 2022 (%)
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 Driver ICs revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies LED Driver ICs revenues share in global market, 2022 (%)
Key companies LED Driver ICs sales in global market, 2018-2023 (Estimated), (K Units)
Key companies LED Driver ICs sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Texas Instruments
Analog Devices
Diodes Incorporated
STMicroelectronics
Monolithic power systems
Infineon
ON Semiconductor
Richtek
ISSI
Fitipower
XP Power
LUXdrive
Outline of Major Chapters:
Chapter 1: Introduces the definition of LED Driver ICs, market overview.
Chapter 2: Global LED Driver ICs market size in revenue and volume.
Chapter 3: Detailed analysis of LED Driver ICs 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 Driver ICs 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 Driver ICs 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.
