Global Automotive LED Driver ICs Market Growth 2025-2031

The global Automotive LED Driver ICs market size is predicted to grow from US$ 384 million in 2025 to US$ 559 million in 2031; it is expected to grow at a CAGR of 6.4% from 2025 to 2031.

LED is a semiconductor device with sensitive characteristics and negative temperature characteristics. Therefore, it needs to be stabilized and protected during application, which gives rise to the concept of drive. The LED driver chip is actually a PWM control chip. After the circuit is working properly, the voltage obtained by detecting the current of the LED on the current detection resistor is fed back to the chip to control the internal PWM duty cycle to adapt to the current and voltage fluctuations caused by the changes in the characteristics of the LED itself, so that the current obtained by the LED remains constant.

Automotive LED driver ICs are mainly used in automotive lights, infotainment systems, etc.

New energy vehicles are one of the important driving factors of the industry. Global electric vehicles continue to grow rapidly. In 2022, the total sales of new energy vehicles in the world exceeded 10 million, a simultaneous increase of 61%. China and Europe have become the main driving forces for the strong growth of global electric vehicle sales. In 2022, China's production and sales of new energy vehicles reached 7.058 million and 6.887 million respectively, up 96.9% and 93.4% year-on-year. The production and sales of new energy vehicles have ranked first in the world for 8 consecutive years. Among them, the sales of pure electric vehicles were 5.365 million, up 81.6% year-on-year. In 2022, the sales of pure electric vehicles in Europe rose 29% year-on-year to 1.58 million. Electric vehicles have become the mainstream trend of future development of automobiles.

The demand for LED driver chips in different application fields of automobiles shows significant differences. Traditional fuel vehicles and new energy vehicles have essential differences in electrical architecture, energy efficiency requirements and degree of intelligence, which directly leads to their diversified demands for LED driver chips in terms of performance, reliability and integration. Although traditional fuel vehicles have certain demand for LED driver chips, they are relatively basic.

New energy vehicles, especially electric vehicles and hybrid vehicles, have maintained a steady and strong growth in demand for LED driver chips due to their significantly improved electrification and increasingly rich intelligent functions. Such vehicles not only require LED driver chips to have high efficiency and low power consumption to optimize energy utilization and extend driving range, but also put forward higher requirements for their anti-interference ability to ensure stable operation in various complex electromagnetic environments. At the same time, the high-standard performance requirements of new energy vehicles also mean that LED driver chips must have a longer service life to adapt to the long-term and high-intensity use scenarios of vehicles.

Combined with the development trend of automotive LED driver chips, such chips will pay more attention to the development of integration, intelligence and efficiency in the future. The improvement of integration will help reduce circuit board space and system complexity, and reduce vehicle costs; the enhancement of intelligence can achieve more sophisticated lighting control and fault diagnosis, improve user experience and vehicle safety; and the continuous promotion of efficiency will further reduce energy consumption, which is in line with the development direction of the green and environmentally friendly automobile industry. Therefore, with the continuous expansion of the new energy vehicle market and the continuous advancement of technology, the application prospects of LED driver chips in the automotive field will be broader.

LP Information, Inc. (LPI) ' newest research report, the “Automotive LED Driver ICs Industry Forecast” looks at past sales and reviews total world Automotive LED Driver ICs sales in 2024, providing a comprehensive analysis by region and market sector of projected Automotive LED Driver ICs sales for 2025 through 2031. With Automotive LED Driver ICs sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive LED Driver ICs industry.

This Insight Report provides a comprehensive analysis of the global Automotive LED Driver ICs landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive LED Driver ICs portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive LED Driver ICs market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive LED Driver ICs and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive LED Driver ICs.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive LED Driver ICs market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Boost LED Driver
Buck-Boost LED Driver
Buck LED Driver
Linear Current Sources LED Driver

Segmentation by Application:
Headlights
Taillights/Interior Lights
Infotainment Systems
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Infineon Technologies
TI
NXP Semiconductors
STMicroelectronics
Toshiba
Melexis
Analog Devices
ROHM Semiconductor
Macroblock
Diodes Incorporated
Nexperia
Princeton Technology Corporation
Renesas Electronics Corporation
onsemi
Microchip Technology
Suzhou Novosense Microelectronics Co.,Ltd
Monolithic Power Systems
SG Micro
Indie Inc

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive LED Driver ICs market?

What factors are driving Automotive LED Driver ICs market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive LED Driver ICs market opportunities vary by end market size?

How does Automotive LED Driver ICs break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.