
LED Driver Market by Supply Type (Constant Current, Constant Voltage), Luminaire Type (Indoor, Outdoor), LED Driver Type, End-User - Global Forecast 2024-2030
Description
LED Driver Market by Supply Type (Constant Current, Constant Voltage), Luminaire Type (Indoor, Outdoor), LED Driver Type, End-User - Global Forecast 2024-2030
The LED Driver Market size was estimated at USD 12.53 billion in 2023 and expected to reach USD 14.24 billion in 2024, at a CAGR 14.35% to reach USD 32.05 billion by 2030.
Global LED Driver Market An LED driver provides a self-contained power supply that controls the power needed for an LED or array of LEDs. The Light-emitting diodes are low-energy lighting appliances with a long lifespan and low energy need, requiring specialized power supplies. The increasing adoption of LED lighting for residential and commercial lighting purposes and the growing demand for energy-efficient solutions are accelerating the use of LED drivers. The rising use of LEDs in premium and luxury vehicles resulted in improved demand for self-contained LED drivers to supply power to these lighting systems. However, the increased initial cost of installation and technical issues associated with led drivers may adversely impact the usage of LED drivers. Moreover, the ongoing advancements and introduction of wireless LED drivers are expected to encourage the growth of the LED driver market worldwide.Regional InsightsThe Asia-Pacific region represents a rapidly expanding LED driver market owing to the majority presence of product manufacturers, with the rapid development of commercial and industrial end-user industries. Moreover, the increasing automotive production and sales with ongoing research and development (R&D) for the launch of LED drivers for automotive sectors have expanded the usage of LED drivers in the Americas. The vendors in the Americas are developing high-performance synchronous LED drivers with advanced features, increasing the availability of novel LED drivers in the region. In addition, the presence of well-established vendors and the adoption of novel products across residential and commercial developments are expected to bolster the use of LED drivers in the coming years.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the LED Driver Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the LED Driver Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the LED Driver Market, highlighting leading vendors and their innovative profiles. These include ams-OSRAM AG, Analog Devices, Inc., Arcata Electronics Inc, Delta Electronics, Inc., Eaglerise Electric & Electronic (China) Co., Ltd., Guangdong KeGu Power Supply Co., Hatch Lighting, HEP Tech Co., Ltd., Inventronics Inc., Koninklijke Philips N.V., LEDVANCE GmbH, Lifud Technology Co., Ltd., Lumissil Microsystems, Mean Well Enterprises Co., Ltd., MOSO Electronics Corp., Ningbo Snappy Optoelectronics Co.,Ltd., Pyrotech Electronics Pvt. Ltd.-, Radium Lampenwerk GmbH, ROHM Co., Ltd., Shanghai Euchips Industrial Co., Ltd., Shanghai MOONS' Electric Co., Ltd., SHENZHEN LEDYI LIGHTING CO., LTD., Shenzhen SOSEN Electronics Co., Ltd., Signify Netherlands B.V., TCI Telecomunicazioni Italia S.r.l., Texas Instruments Incorporated, Tridonic GmbH & Co KG by Zumtobel Group AG, uPowerTek, and Zhuhai LTECH Technology Co., LTD.
Market Segmentation & Coverage
This research report categorizes the LED Driver Market to forecast the revenues and analyze trends in each of the following sub-markets:
Supply Type
Constant Current
Constant Voltage
Luminaire Type
Indoor
Outdoor
LED Driver Type
External
Internal
End-User
Commercial
Industrial
Residential
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
1. What is the market size and forecast of the LED Driver Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the LED Driver Market?
3. What are the technology trends and regulatory frameworks in the LED Driver Market?
4. What is the market share of the leading vendors in the LED Driver Market?
5. Which modes and strategic moves are suitable for entering the LED Driver Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
181 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. LED Driver Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Growing adoption of LED lighting for commercial and residential lighting
- 5.1.1.2. Increasing demand for energy-efficient lighting systems
- 5.1.1.3. Rising use of LEDs in SUVs and premium vehicles
- 5.1.2. Restraints
- 5.1.2.1. Need for frequent maintenance and compatibility issues
- 5.1.3. Opportunities
- 5.1.3.1. Technological advancements in LED drivers
- 5.1.3.2. Development of wireless technologies and programmable LED drivers
- 5.1.4. Challenges
- 5.1.4.1. Technical issues associated with LED drivers
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. LED Driver Market, by Supply Type
- 6.1. Introduction
- 6.2. Constant Current
- 6.3. Constant Voltage
- 7. LED Driver Market, by Luminaire Type
- 7.1. Introduction
- 7.2. Indoor
- 7.3. Outdoor
- 8. LED Driver Market, by LED Driver Type
- 8.1. Introduction
- 8.2. External
- 8.3. Internal
- 9. LED Driver Market, by End-User
- 9.1. Introduction
- 9.2. Commercial
- 9.3. Industrial
- 9.4. Residential
- 10. Americas LED Driver Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific LED Driver Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.
- 10. South Korea
- 11.
- 11. Taiwan
- 11.
- 12. Thailand
- 11.
- 13. Vietnam
- 12. Europe, Middle East & Africa LED Driver Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.
- 10. Nigeria
- 12.
- 11. Norway
- 12.
- 12. Poland
- 12.
- 13. Qatar
- 12.
- 14. Russia
- 12.
- 15. Saudi Arabia
- 12.
- 16. South Africa
- 12.
- 17. Spain
- 12.
- 18. Sweden
- 12.
- 19. Switzerland
- 12.
- 20. Turkey
- 12.
- 21. United Arab Emirates
- 12.
- 22. United Kingdom
- 13. Competitive Landscape
- 13.1. FPNV Positioning Matrix
- 13.2. Market Share Analysis, By Key Player
- 13.3. Competitive Scenario Analysis, By Key Player
- 13.3.1. Agreement, Collaboration, & Partnership
- 13.3.1.1. Nichia and Infineon launch industry-first high-definition micro-LED matrix solution
- 13.3.2. New Product Launch & Enhancement
- 13.3.2.1. Lumissil Microsystems Releases Synchronous Buck LED Driver IC for Automotive Lighting
- 13.3.2.2. ROHM’s New 4ch/6ch LED Drivers for LCD Backlights: Contribution to Lower Power Consumption in Medium to Large Automotive Displays
- 13.3.3. Award, Recognition, & Expansion
- 13.3.3.1. uPowerTek Awarded National Invention Patent for Innovative Auxiliary Power Supply Technology
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.1.1. ams-OSRAM AG
- 14.1.2. Analog Devices, Inc.
- 14.1.3. Arcata Electronics Inc
- 14.1.4. Delta Electronics, Inc.
- 14.1.5. Eaglerise Electric & Electronic (China) Co., Ltd.
- 14.1.6. Guangdong KeGu Power Supply Co.
- 14.1.7. Hatch Lighting
- 14.1.8. HEP Tech Co., Ltd.
- 14.1.9. Inventronics Inc.
- 14.1.
- 10. Koninklijke Philips N.V.
- 14.1.
- 11. LEDVANCE GmbH
- 14.1.
- 12. Lifud Technology Co., Ltd.
- 14.1.
- 13. Lumissil Microsystems
- 14.1.
- 14. Mean Well Enterprises Co., Ltd.
- 14.1.
- 15. MOSO Electronics Corp.
- 14.1.
- 16. Ningbo Snappy Optoelectronics Co.,Ltd.
- 14.1.
- 17. Pyrotech Electronics Pvt. Ltd.-
- 14.1.
- 18. Radium Lampenwerk GmbH
- 14.1.
- 19. ROHM Co., Ltd.
- 14.1.
- 20. Shanghai Euchips Industrial Co., Ltd.
- 14.1.
- 21. Shanghai MOONS' Electric Co., Ltd.
- 14.1.
- 22. SHENZHEN LEDYI LIGHTING CO., LTD.
- 14.1.
- 23. Shenzhen SOSEN Electronics Co., Ltd.
- 14.1.
- 24. Signify Netherlands B.V.
- 14.1.
- 25. TCI Telecomunicazioni Italia S.r.l.
- 14.1.
- 26. Texas Instruments Incorporated
- 14.1.
- 27. Tridonic GmbH & Co KG by Zumtobel Group AG
- 14.1.28. uPowerTek
- 14.1.
- 29. Zhuhai LTECH Technology Co., LTD
- 14.2. Key Product Portfolio
- 15. Appendix
- 15.1. Discussion Guide
- 15.2. License & Pricing
- FIGURE 1. LED DRIVER MARKET RESEARCH PROCESS
- FIGURE 2. LED DRIVER MARKET SIZE, 2023 VS 2030
- FIGURE 3. LED DRIVER MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. LED DRIVER MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. LED DRIVER MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. LED DRIVER MARKET DYNAMICS
- FIGURE 7. LED DRIVER MARKET SIZE, BY SUPPLY TYPE, 2023 VS 2030 (%)
- FIGURE 8. LED DRIVER MARKET SIZE, BY SUPPLY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. LED DRIVER MARKET SIZE, BY LUMINAIRE TYPE, 2023 VS 2030 (%)
- FIGURE 10. LED DRIVER MARKET SIZE, BY LUMINAIRE TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. LED DRIVER MARKET SIZE, BY LED DRIVER TYPE, 2023 VS 2030 (%)
- FIGURE 12. LED DRIVER MARKET SIZE, BY LED DRIVER TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. LED DRIVER MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
- FIGURE 14. LED DRIVER MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. AMERICAS LED DRIVER MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 16. AMERICAS LED DRIVER MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. UNITED STATES LED DRIVER MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 18. UNITED STATES LED DRIVER MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. ASIA-PACIFIC LED DRIVER MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. ASIA-PACIFIC LED DRIVER MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. EUROPE, MIDDLE EAST & AFRICA LED DRIVER MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 22. EUROPE, MIDDLE EAST & AFRICA LED DRIVER MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 23. LED DRIVER MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 24. LED DRIVER MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
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