Market Research Report
LED Driver Market Report: Trends, Forecast and Competitive Analysis
|Published by||Lucintel||Product code||640880|
|Published||Content info||183 Pages
Delivery time: 1-2 business days
|LED Driver Market Report: Trends, Forecast and Competitive Analysis|
|Published: May 1, 2018||Content info: 183 Pages||
The future of the LED driver market looks attractive with opportunities in the residential, commercial, industrial, and automotive lighting sectors. The global LED driver market is expected to reach an estimated $16.1 billion by 2023 with a CAGR of 15.5% from 2018 to 2023. The major growth drivers for this market are increasing building and construction activities, favorable government regulations for energy efficiency, and increasing adoption of LED lighting in emerging countries.
Emerging trends, which have a direct impact on the dynamics of the LED driver industry, include the development of visible light communication (VLC) LED drivers, and the development of color tunable LED drivers.
A total of 113 figures / charts and 98 tables are provided in this 183 -page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this LED driver market report, download the report brochure.
LED Driver Market TrendsLED Driver Market ForecastGlobal LED Driver Market by Region
LED Driver Market by Application [$M shipment analysis from 2012 to 2023]:
General lighting Residential Office Shop Hospitality Outdoor Industrial Architectural Automotive Lighting Headlamps Daytime Running Lights (DRLs) Sidelights Rear Lights Interior Backlighting LCD TV Monitor Portable PCs Handhelds
LED Driver Market by Supply Type [$M shipment analysis from 2012 to 2023]:
Constant Current Constant Voltage
LED Driver Market by Luminaire Type [$M shipment analysis from 2012 to 2023]:
Type A Lamp Decorative Lamp T Lamp Reflectors Others
LED Driver Market by Region [$M shipment analysis from 2012 - 2023]:
North America United States Canada Mexico Europe United Kingdom Germany France Switzerland Asia Pacific China Japan India The Rest of the World
Texas Instruments, Toshiba, STMicroelectronics, ON Semiconductor, and ROHM Semiconductor are among the major suppliers of the LED driver.
Lucintel forecast that constant current LED driver will remain the largest product type; it is also expected to witness the highest growth due to ability to provide consistent brightness with lower power consumption and increasing demand in LED backlighting and general lighting applications.
Within the LED driver market, the general lighting segment will remain the largest application. It is also expected to witness the highest growth rate due to increasing demand for energy-efficient products in residential and commercial lighting, increasing usage of LED drivers for building and lighting management systems, and the decreasing price of LEDs.
Asia Pacific is expected to remain the largest region, and it is also expected to witness the highest growth over the forecast period due to increasing penetration of LED lighting in the automotive and building & construction industries. Production and consumption of LED lighting in China is highest, and modernization of infrastructure is expected to propel the demand for lighting products in China.
Figure 3.47: Trends and Forecast for LED Drivers in the Global Industrial General Lighting Market (2012-2023)
Figure 3.59: Trends and Forecast for LED Drivers in the Global Automotive Sidelight Market (2012-2023)
Figure 3.61: Trends and Forecast for LED Drivers in the Global Automotive Rear Light Market (2012-2023)
Figure 3.63: Trends and Forecast for LED Drivers in the Global Automotive Interior Light Market (2012-2023)