PUBLISHER: The Business Research Company | PRODUCT CODE: 1923342
PUBLISHER: The Business Research Company | PRODUCT CODE: 1923342
A light-emitting diode (LED) driver integrated circuit (IC) is an electronic device designed to control the power delivered to LEDs, ensuring stable current and voltage levels. Its main function is to maintain consistent brightness, protect LEDs from damage, and enhance energy efficiency. This IC typically features dimming control, thermal protection, and fault detection to support reliable LED operation.
The primary types of LED driver integrated circuits include buck-boost, current sink, inductorless, step-down (buck), step-up (boost), multi-topology, and others. The buck-boost type is a DC-DC converter capable of both increasing and decreasing voltage to maintain a stable output, regardless of whether the input voltage is higher or lower. These drivers support various supply voltages, including low, medium, and high voltage, and are used in applications such as general lighting, automotive lighting, and display backlighting. Key end users include residential, commercial, industrial, automotive sectors, and others.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs have impacted the LED driver IC market by increasing the cost of imported semiconductors and electronic components, leading to higher production costs for manufacturers. Asia-Pacific regions, including China and Taiwan, which are major manufacturing hubs, are particularly affected, especially for general lighting and automotive applications. While tariffs may slow market growth in some regions, they also encourage local production and innovation in energy-efficient and high-performance LED driver ICs, providing opportunities for domestic manufacturers to gain market share.
The light emitting diode (LED) driver integrated circuit (IC) market research report is one of a series of new reports from The Business Research Company that provides light emitting diode (LED) driver integrated circuit (IC) market statistics, including light emitting diode (LED) driver integrated circuit (IC) industry global market size, regional shares, competitors with a light emitting diode (LED) driver integrated circuit (IC) market share, detailed light emitting diode (LED) driver integrated circuit (IC) market segments, market trends and opportunities, and any further data you may need to thrive in the light emitting diode (LED) driver integrated circuit (IC) industry. This light-emitting diode (LED) driver integrated circuit (IC) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The light emitting diode (LED) driver integrated circuit (ic) market size has grown rapidly in recent years. It will grow from $5.18 billion in 2025 to $5.93 billion in 2026 at a compound annual growth rate (CAGR) of 14.5%. The growth in the historic period can be attributed to rising adoption of leds in general lighting, demand for energy-efficient lighting solutions, advancements in semiconductor technology, increase in automotive led lighting, integration of leds in consumer electronics.
The light emitting diode (LED) driver integrated circuit (ic) market size is expected to see rapid growth in the next few years. It will grow to $10.09 billion in 2030 at a compound annual growth rate (CAGR) of 14.2%. The growth in the forecast period can be attributed to growing demand for smart lighting systems, adoption of iot-enabled lighting solutions, rising focus on sustainable and low-power lighting, increasing automotive electrification, development of multifunctional led driver ics. Major trends in the forecast period include energy-efficient led drivers, advanced dimming and control technologies, thermal management solutions, miniaturized and integrated led driver ics, high-reliability led drivers.
The expanding automotive industry is expected to drive the growth of the light-emitting diode (LED) driver integrated circuit (IC) market. The automotive sector, which encompasses the design, production, and sale of vehicles and their components, is growing due to rising consumer demand for technologically advanced, fuel-efficient, and feature-rich vehicles. LED driver ICs support this growth by enabling efficient and reliable vehicle lighting systems, including dimming, adaptive lighting, and smart connectivity features. These ICs enhance energy efficiency, ensure stable operation, and improve overall vehicle safety and performance. For instance, in March 2024, according to the European Automobile Manufacturers' Association (ACEA), global car production reached nearly 76 million units in 2023, reflecting a significant 10.2% increase over the previous year. Consequently, the growth of the automotive industry is fueling the expansion of the LED driver IC market.
Leading companies in the light-emitting diode (LED) driver integrated circuit (IC) market are concentrating on developing innovative solutions such as automotive LED driver ICs to boost energy efficiency, improve thermal management, and enable advanced vehicle features such as dimming, adaptive lighting, and smart connectivity. Automotive LED driver ICs are integrated circuits that regulate and control power to vehicle LED lighting systems, ensuring stable operation, energy efficiency, and advanced functionalities such as dimming and adaptive lighting. For example, in June 2024, Suzhou Novosense Microelectronics Co. Ltd., a semiconductor company based in China, introduced the NSL21916/24, a highly integrated 16/24-channel automotive LED driver IC tailored for advanced vehicle lighting systems. This automotive-grade device supports up to 16 or 24 LED channels with flexible current control and offers advanced dimming options, including PWM and phase shift dimming. It also provides programmable configurations through on-chip EEPROM, interfaces for UART and CAN communication, and robust diagnostics such as LED fault detection and thermal management.
In March 2023, Infineon Technologies AG, a Germany-based semiconductor manufacturer, acquired GaN Systems Inc. for $830 million. This acquisition allows Infineon to expand its gallium nitride (GaN) power semiconductor portfolio, reinforcing its leadership in power systems and positioning the company to meet the growing demand for energy-efficient solutions across applications such as mobile charging, data centers, and renewable energy systems. GaN Systems Inc., a Canada-based fabless semiconductor company, specializes in designing and manufacturing GaN-based power conversion devices for high-efficiency electronics in automotive, industrial, and renewable energy sectors.
Major companies operating in the light emitting diode (LED) driver integrated circuit (ic) market are Toshiba Corporation, Koninklijke Philips N.V., Texas Instruments Inc., Infineon Technologies AG, STMicroelectronics N.V., NXP Semiconductors N.V., Analog Devices Inc., Renesas Electronics Corporation, Seiko Epson Corporation, Microchip Technology Inc., ON Semiconductor Corporation, Skyworks Solutions Inc., ROHM Semiconductor, Littelfuse Inc., Monolithic Power Systems Inc., Diodes Inc., Seoul Semiconductor Co. Ltd., Semtech Corporation, Power Integrations Inc., SG Micro Corp, Macroblock Inc., Fitipower Integrated Technology Inc., Samsung Electronics Co. Ltd.
North America was the largest region in the light emitting diode (LED) driver integrated circuit (IC) market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the light emitting diode (LED) driver integrated circuit (ic) market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the light emitting diode (LED) driver integrated circuit (ic) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The light-emitting diode (LED) driver integrated circuit (IC) market consists of sales of constant current drivers (CCD), constant voltage drivers (CVD), multi-channel LED drivers (MCLED), programmable LED drivers, and smart wireless-controlled LED drivers. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Light Emitting Diode (LED) Driver Integrated Circuit (IC) Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses light emitting diode (led) driver integrated circuit (ic) market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for light emitting diode (led) driver integrated circuit (ic) ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The light emitting diode (led) driver integrated circuit (ic) market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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