Change Language

Select Language

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

LED Driver Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global LED driver market reached a value of US$ 8.17 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 24.87 Billion by 2027, exhibiting at a CAGR of 19.20% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

A light-emitting diode (LED) driver is a self-contained electrical device incorporated in an LED circuit to provide constant current or voltage. Its components generally include a resistor, electrolytic capacitor, bridge rectifier, Zener diode, and polarized capacitor. It is compact, lightweight, cost-effective, energy-efficient, and easy to install and requires low maintenance. As a result, it is widely used in residential and commercial buildings for lighting and decorative purposes. It is also utilized in cars, bikes, and various other automobiles as an indicator around the world.

 

 
 

www.imarcgroup.com

Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

LED Driver Market Trends:

The escalating demand for LED lighting solutions on account of a significant rise in power consumption, increasing global population, changing climatic conditions, and improving lifestyles of individuals represents one of the key factors impelling the market growth. In addition, inadequate power generation that has led to higher electricity prices is facilitating the adoption of energy-efficient LED lighting solutions worldwide. This, along with the rapid expansion of smart city projects and initiatives undertaken by government of numerous countries to encourage the use of energy-efficient technologies and ban inefficient lighting solutions, is contributing to the market growth. Apart from this, the growing emphasis on relacing conventional bulbs with LEDs in modern vehicles for high luminous efficiency and increasing safety is catalyzing the demand for LED drivers across the globe. This can also be attributed to boosting sales of passenger vehicles worldwide on account of rapid urbanization and improving urban road infrastructure. Furthermore, the rising number of outdoor events, coupled with the emergence of digital-out-of-home (DOOH) advertising, is augmenting the use of LED modular displays. This, in confluence with the growing awareness about the importance of energy conservation, is creating a positive influence on the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global LED driver market report, along with forecasts for growth at the global and regional level from 2022-2027. Our report has categorized the market based on component, luminaire type, supply type and end user.

Breakup by Component:

 

 
 

www.imarcgroup.com

Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

  • Driver IC
  • Discrete Components
  • Others
     

Breakup by Luminaire Type:

  • Decorative Lamps
  • Reflectors
  • Type A Lamp
  • T Lamp
  • Integral LED Modules
  • Others
     

Breakup by Supply Type:

  • Constant Current
  • Constant Voltage
     

Breakup by End User:

  • Residential
  • Commercial
  • Industrial
     

Breakup by Region:

 

 
 

www.imarcgroup.com

To get more information on the regional analysis of this market, Request Sample

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being AC Electronics, ams AG, Hatch Lighting, Lutron Electronics Co. Inc., Macroblock Inc., Maxim Integrated Products Inc. (Analog Devices Inc.), Microchip Technology Inc., NXP Semiconductors N.V., Rohm Co. Ltd., Semiconductor Components Industries LLC, Signify N.V., SMART Global Holdings Inc. and Texas Instruments Incorporated.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Component, Luminaire Type, Supply Type, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered AC Electronics, ams AG, Hatch Lighting, Lutron Electronics Co. Inc., Macroblock Inc., Maxim Integrated Products Inc. (Analog Devices Inc.), Microchip Technology Inc., NXP Semiconductors N.V., Rohm Co. Ltd., Semiconductor Components Industries LLC, Signify N.V., SMART Global Holdings Inc. and Texas Instruments Incorporated.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global LED driver market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global LED driver market?
  • What are the key regional markets?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the luminaire type?
  • What is the breakup of the market based on the supply type?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global LED driver market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global LED Driver Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Component
    6.1    Driver IC
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Discrete Components
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Others
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Luminaire Type
    7.1    Decorative Lamps
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Reflectors
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Type A Lamp
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    T Lamp
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Integral LED Modules
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    Others
        7.6.1 Market Trends
        7.6.2 Market Forecast
8    Market Breakup by Supply Type
    8.1    Constant Current
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Constant Voltage
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by End User
    9.1    Residential
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Commercial
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Industrial
        9.3.1 Market Trends
        9.3.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    AC Electronics
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
        15.3.2    ams AG
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
           15.3.2.3 Financials
        15.3.3    Hatch Lighting
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
        15.3.4    Lutron Electronics Co. Inc.
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
           15.3.4.3 SWOT Analysis
        15.3.5    Macroblock Inc.
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
           15.3.5.3 Financials
        15.3.6    Maxim Integrated Products Inc. (Analog Devices Inc.)
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
           15.3.6.3 SWOT Analysis
        15.3.7    Microchip Technology Inc.
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
           15.3.7.3 Financials
           15.3.7.4 SWOT Analysis
        15.3.8    NXP Semiconductors N.V.
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
           15.3.8.3 Financials
           15.3.8.4 SWOT Analysis
        15.3.9    Rohm Co. Ltd.
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
           15.3.9.3 Financials
           15.3.9.4 SWOT Analysis
        15.3.10    Semiconductor Components Industries LLC
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
           15.3.10.3 Financials
           15.3.10.4 SWOT Analysis
        15.3.11    Signify N.V.
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio
           15.3.11.3 Financials
        15.3.12    SMART Global Holdings Inc.
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio
           15.3.12.3 Financials
           15.3.12.4 SWOT Analysis
        15.3.13    Texas Instruments Incorporated
           15.3.13.1 Company Overview
           15.3.13.2 Product Portfolio
           15.3.13.3 Financials
           15.3.13.4 SWOT Analysis

List of Figures

Figure 1: Global: LED Driver Market: Major Drivers and Challenges
Figure 2: Global: LED Driver Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: LED Driver Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: LED Driver Market: Breakup by Component (in %), 2021
Figure 5: Global: LED Driver Market: Breakup by Luminaire Type (in %), 2021
Figure 6: Global: LED Driver Market: Breakup by Supply Type (in %), 2021
Figure 7: Global: LED Driver Market: Breakup by End User (in %), 2021
Figure 8: Global: LED Driver Market: Breakup by Region (in %), 2021
Figure 9: Global: LED Driver (Driver IC) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: LED Driver (Driver IC) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: LED Driver (Discrete Components) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: LED Driver (Discrete Components) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: LED Driver (Other Components) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: LED Driver (Other Components) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: LED Driver (Decorative Lamps) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: LED Driver (Decorative Lamps) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: LED Driver (Reflectors) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: LED Driver (Reflectors) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: LED Driver (Type A Lamp) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: LED Driver (Type A Lamp) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: LED Driver (T Lamp) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: LED Driver (T Lamp) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: LED Driver (Integral LED Modules) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: LED Driver (Integral LED Modules) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: LED Driver (Other Luminaire Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: LED Driver (Other Luminaire Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: LED Driver (Constant Current) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: LED Driver (Constant Current) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: LED Driver (Constant Voltage) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: LED Driver (Constant Voltage) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: LED Driver (Residential) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: LED Driver (Residential) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: LED Driver (Commercial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: LED Driver (Commercial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: LED Driver (Industrial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: LED Driver (Industrial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: North America: LED Driver Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: North America: LED Driver Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: United States: LED Driver Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: United States: LED Driver Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Canada: LED Driver Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Canada: LED Driver Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Asia-Pacific: LED Driver Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Asia-Pacific: LED Driver Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: China: LED Driver Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: China: LED Driver Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Japan: LED Driver Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Japan: LED Driver Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: India: LED Driver Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: India: LED Driver Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: South Korea: LED Driver Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: South Korea: LED Driver Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Australia: LED Driver Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Australia: LED Driver Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Indonesia: LED Driver Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Indonesia: LED Driver Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Others: LED Driver Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Others: LED Driver Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Europe: LED Driver Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Europe: LED Driver Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Germany: LED Driver Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Germany: LED Driver Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: France: LED Driver Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: France: LED Driver Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: United Kingdom: LED Driver Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: United Kingdom: LED Driver Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Italy: LED Driver Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Italy: LED Driver Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Spain: LED Driver Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Spain: LED Driver Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Russia: LED Driver Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Russia: LED Driver Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Others: LED Driver Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Others: LED Driver Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Latin America: LED Driver Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Latin America: LED Driver Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Brazil: LED Driver Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Brazil: LED Driver Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Mexico: LED Driver Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Mexico: LED Driver Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Others: LED Driver Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Others: LED Driver Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Middle East and Africa: LED Driver Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Middle East and Africa: LED Driver Market: Breakup by Country (in %), 2021
Figure 85: Middle East and Africa: LED Driver Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 86: Global: LED Driver Industry: SWOT Analysis
Figure 87: Global: LED Driver Industry: Value Chain Analysis
Figure 88: Global: LED Driver Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: LED Driver Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: LED Driver Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 3: Global: LED Driver Market Forecast: Breakup by Luminaire Type (in Million US$), 2022-2027
Table 4: Global: LED Driver Market Forecast: Breakup by Supply Type (in Million US$), 2022-2027
Table 5: Global: LED Driver Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 6: Global: LED Driver Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: LED Driver Market: Competitive Structure
Table 8: Global: LED Driver Market: Key Players

Note: We value your privacy and will never rent or sell your email address. Privacy policy

Need more help?

  •   Speak to our experienced analysts for insights on the current market scenarios.
  •   Include additional segments and countries to customize the report as per your requirement.
  •   Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  •   For further assistance, please connect with our analysts.

Purchase Options




$ 2499

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )


Drop us an email at

sales@imarcgroup.com

Social Links