LED Driver Market Size, Share & Trends Analysis Report By Luminaire Type (Reflectors, Type A Lamp), By Application (Automotive, Lighting), By Component (Driver IC, Discrete Component), By Supply Type, By Region, And Segment Forecasts, 2024 - 2030
- Report ID: GVR-1-68038-793-3
- Number of Pages: 140
- Format: Electronic (PDF)
- Historical Range: 2017 - 2023
- Industry: Semiconductors & Electronics
Market Segmentation
- LED Driver Market Component Outlook (Revenue, USD Million; 2017 - 2030)
- Driver IC
- Discrete Component
- Others
- LED Driver Market Luminaire Type Outlook (Revenue, USD Million; 2017 - 2030)
- Decorative Lamps
- Reflectors
- Type A Lamp
- Others
- LED Driver Market Supply Type Outlook (Revenue, USD Million; 2017 - 2030)
- Constant Current
- Constant Voltage
- LED Driver Market Application Outlook (Revenue, USD Million; 2017 - 2030)
- Consumer Electronics
- Lighting
- Automotive
- Outdoor Displays
- LED Driver Market Regional Outlook (Revenue, USD Million; 2017 - 2030)
- North America
- North America LED Driver Market by Component
- Driver IC
- Discrete Component
- Others
- North America LED Driver Market by Luminaire Type
- Decorative Lamps
- Reflectors
- Type A Lamp
- Others
- North America LED Driver Market by Supply Type
- Constant current
- Constant voltage
- North America LED Driver Market by Application
- Consumer Electronics
- Lighting
- Automotive
- Outdoor Displays
- U.S.
- U.S. LED Driver Market by Component
- Driver IC
- Discrete Component
- Others
- U.S. LED Driver Market by Luminaire Type
- Decorative Lamps
- Reflectors
- Type A Lamp
- Others
- U.S. LED Driver Market by Supply Type
- Constant current
- Constant voltage
- U.S. LED Driver Market by Application
- Consumer Electronics
- Lighting
- Automotive
- Outdoor Displays
- U.S. LED Driver Market by Component
- Canada
- Canada LED Driver Market by Component
- Driver IC
- Discrete Component
- Others
- Canada LED Driver Market by Luminaire Type
- Decorative Lamps
- Reflectors
- Type A Lamp
- Others
- Canada LED Driver Market by Supply Type
- Constant current
- Constant voltage
- Canada LED Driver Market by Application
- Consumer Electronics
- Lighting
- Automotive
- Outdoor Displays
- Canada LED Driver Market by Component
- North America LED Driver Market by Component
- Europe
- Europe LED Driver Market by Component
- Driver IC
- Discrete Component
- Others
- Europe LED Driver Market by Luminaire Type
- Decorative Lamps
- Reflectors
- Type A Lamp
- Others
- Europe LED Driver Market by Supply Type
- Constant current
- Constant voltage
- Europe LED Driver Market by Application
- Consumer Electronics
- Lighting
- Automotive
- Outdoor Displays
- U.K.
- U.K. LED Driver Market by Component
- Driver IC
- Discrete Component
- Others
- U.K. LED Driver Market by Luminaire Type
- Decorative Lamps
- Reflectors
- Type A Lamp
- Others
- U.K. LED Driver Market by Supply Type
- Constant current
- Constant voltage
- U.K. LED Driver Market by Application
- Consumer Electronics
- Lighting
- Automotive
- Outdoor Displays
- U.K. LED Driver Market by Component
- Germany
- Germany LED Driver Market by Component
- Driver IC
- Discrete Component
- Others
- Germany LED Driver Market by Luminaire Type
- Decorative Lamps
- Reflectors
- Type A Lamp
- Others
- Germany LED Driver Market by Supply Type
- Constant current
- Constant voltage
- Germany LED Driver Market by Application
- Consumer Electronics
- Lighting
- Automotive
- Outdoor Displays
- Germany LED Driver Market by Component
- France
- France LED Driver Market by Component
- Driver IC
- Discrete Component
- Others
- France LED Driver Market by Luminaire Type
- Decorative Lamps
- Reflectors
- Type A Lamp
- Others
- France LED Driver Market by Supply Type
- Constant current
- Constant voltage
- France LED Driver Market by Application
- Consumer Electronics
- Lighting
- Automotive
- Outdoor Displays
- France LED Driver Market by Component
- Europe LED Driver Market by Component
- Asia Pacific
- Asia Pacific LED Driver Market by Component
- Driver IC
- Discrete Component
- Others
- Asia Pacific LED Driver Market by Luminaire Type
- Decorative Lamps
- Reflectors
- Type A Lamp
- Others
- Asia Pacific LED Driver Market by Supply Type
- Constant current
- Constant voltage
- Asia Pacific LED Driver Market by Application
- Consumer Electronics
- Lighting
- Automotive
- Outdoor Displays
- India
- India LED Driver Market by Component
- Driver IC
- Discrete Component
- Others
- India LED Driver Market by Luminaire Type
- Decorative Lamps
- Reflectors
- Type A Lamp
- Others
- India LED Driver Market by Supply Type
- Constant current
- Constant voltage
- India LED Driver Market by Application
- Consumer Electronics
- Lighting
- Automotive
- Outdoor Displays
- India LED Driver Market by Component
- China
- China LED Driver Market by Component
- Driver IC
- Discrete Component
- Others
- China LED Driver Market by Luminaire Type
- Decorative Lamps
- Reflectors
- Type A Lamp
- Others
- China LED Driver Market by Supply Type
- Constant current
- Constant voltage
- China LED Driver Market by Application
- Consumer Electronics
- Lighting
- Automotive
- Outdoor Displays
- China LED Driver Market by Component
- Japan
- Japan LED Driver Market by Component
- Driver IC
- Discrete Component
- Others
- Japan LED Driver Market by Luminaire Type
- Decorative Lamps
- Reflectors
- Type A Lamp
- Others
- Japan LED Driver Market by Supply Type
- Constant current
- Constant voltage
- Japan LED Driver Market by Application
- Consumer Electronics
- Lighting
- Automotive
- Outdoor Displays
- Japan LED Driver Market by Component
- Taiwan
- Taiwan LED Driver Market by Component
- Driver IC
- Discrete Component
- Others
- Taiwan LED Driver Market by Luminaire Type
- Decorative Lamps
- Reflectors
- Type A Lamp
- Others
- Taiwan LED Driver Market by Supply Type
- Constant current
- Constant voltage
- Taiwan LED Driver Market by Application
- Consumer Electronics
- Lighting
- Automotive
- Outdoor Displays
- Taiwan LED Driver Market by Component
- South Korea
- South Korea LED Driver Market by Component
- Driver IC
- Discrete Component
- Others
- South Korea LED Driver Market by Luminaire Type
- Decorative Lamps
- Reflectors
- Type A Lamp
- Others
- South Korea LED Driver Market by Supply Type
- Constant current
- Constant voltage
- South Korea LED Driver Market by Application
- Consumer Electronics
- Lighting
- Automotive
- Outdoor Displays
- South Korea LED Driver Market by Component
- Australia
- Australia LED Driver Market by Component
- Driver IC
- Discrete Component
- Others
- Australia LED Driver Market by Luminaire Type
- Decorative Lamps
- Reflectors
- Type A Lamp
- Others
- Australia LED Driver Market by Supply Type
- Constant current
- Constant voltage
- Australia LED Driver Market by Application
- Consumer Electronics
- Lighting
- Automotive
- Outdoor Displays
- Australia LED Driver Market by Component
- Asia Pacific LED Driver Market by Component
- Latin America
- Latin Americae LED Driver Market by Component
- Driver IC
- Discrete Component
- Others
- Latin America LED Driver Market by Luminaire Type
- Decorative Lamps
- Reflectors
- Type A Lamp
- Others
- Latin America LED Driver Market by Supply Type
- Constant current
- Constant voltage
- Latin America LED Driver Market by Application
- Consumer Electronics
- Lighting
- Automotive
- Outdoor Displays
- Brazil
- Brazil LED Driver Market by Component
- Driver IC
- Discrete Component
- Others
- Brazil LED Driver Market by Luminaire Type
- Decorative Lamps
- Reflectors
- Type A Lamp
- Others
- Brazil LED Driver Market by Supply Type
- Constant current
- Constant voltage
- Brazil LED Driver Market by Application
- Consumer Electronics
- Lighting
- Automotive
- Outdoor Displays
- Brazil LED Driver Market by Component
- Mexico
- Mexico LED Driver Market by Component
- Driver IC
- Discrete Component
- Others
- Mexico LED Driver Market by Luminaire Type
- Decorative Lamps
- Reflectors
- Type A Lamp
- Others
- Mexico LED Driver Market by Supply Type
- Constant current
- Constant voltage
- Mexico LED Driver Market by Application
- Consumer Electronics
- Lighting
- Automotive
- Outdoor Displays
- Mexico LED Driver Market by Component
- Latin Americae LED Driver Market by Component
- Middle East & Africa
- Middle East & Africa LED Driver Market by Component
- Driver IC
- Discrete Component
- Others
- Middle East & Africa LED Driver Market by Luminaire Type
- Decorative Lamps
- Reflectors
- Type A Lamp
- Others
- Middle East & Africa LED Driver Market by Supply Type
- Constant current
- Constant voltage
- Middle East & Africa LED Driver Market by Application
- Consumer Electronics
- Lighting
- Automotive
- Outdoor Displays
- Kingdom of Saudi Arabia (KSA)
- Kingdom of Saudi Arabia LED Driver Market by Component
- Driver IC
- Discrete Component
- Others
- Kingdom of Saudi Arabia LED Driver Market by Luminaire Type
- Decorative Lamps
- Reflectors
- Type A Lamp
- Others
- Kingdom of Saudi Arabia LED Driver Market by Supply Type
- Constant current
- Constant voltage
- Kingdom of Saudi Arabia LED Driver Market by Application
- Consumer Electronics
- Lighting
- Automotive
- Outdoor Displays
- Kingdom of Saudi Arabia LED Driver Market by Component
- UAE
- UAE LED Driver Market by Component
- Driver IC
- Discrete Component
- Others
- UAE LED Driver Market by Luminaire Type
- Decorative Lamps
- Reflectors
- Type A Lamp
- Others
- UAE LED Driver Market by Supply Type
- Constant current
- Constant voltage
- UAE LED Driver Market by Application
- Consumer Electronics
- Lighting
- Automotive
- Outdoor Displays
- UAE LED Driver Market by Component
- South Africa
- South Africa LED Driver Market by Component
- Driver IC
- Discrete Component
- Others
- South Africa LED Driver Market by Luminaire Type
- Decorative Lamps
- Reflectors
- Type A Lamp
- Others
- South Africa LED Driver Market by Supply Type
- Constant current
- Constant voltage
- South Africa LED Driver Market by Application
- Consumer Electronics
- Lighting
- Automotive
- Outdoor Displays
- South Africa LED Driver Market by Component
- Middle East & Africa LED Driver Market by Component
- North America
LED Driver Market Dynamics
Driver: Growing Demand For Efficient Lighting Technology
LED lights are becoming popular as they have longer life, more energy efficiency, environmental friendliness, lower heat output, smaller form factor, and directionality. LED lighting is a cutting-edge and futuristic lighting option. It consumes up to 80% less energy and produces 90% less heat compared to incandescent bulbs. LED bulbs have a 10-times longer life lifetime than compact fluorescent lights and a significantly longer life span than incandescent lamps. LED lighting products are also used in the vertical farming industry as they can be customized in accordance with the spectrum and intensity requirements of various fruits and vegetables. For instance, the lights made by Philips work well for a range of applications including creating new seed kinds, starting seeds, propagating new plants, and growing leafy vegetables, herbs, and fruits. The company also offers a variety of LED vertical farming lighting products, along with its GrowWise Control System, to help growers achieve better yields on a smaller capacity and control specific crop qualities like flavor, nutritional value, and shelf life.
Driver: Rising Demand For Led Drivers Across General Lighting Applications
LEDs are finding increased demand in the digital signage market owing to the combination of versatility in display deployment, dynamic message capabilities, and enhanced display technology. LED-based arrays are appealing as they are self-illuminating and their size and configuration can be adjusted to the installation's available area. LED-based signage can be customized to meet multiple height/width ratios by employing standard-size modules provided by vendors. The modules are governed by few industry standards, owing to which vendors have their unique form factors and connectivity options that may be incompatible with others.
Restraint: Lack Of Common Standards Among Various Manufacturers
The lack of a global standard regarding 0-10 V dimming for LED lighting has led to the influx of LED drivers with varied dimming characteristics from different manufacturers. Depending on the manufacturer, a 5 V signal potentially results in a dimming profile of 50%, 50%, or 80%. Some LED drivers could turn off the power at 0 V, while others may dim to 1% or 10% and require a separate relay to turn off. Non-standard dimming drivers can potentially cause a lighting system to overload, triggering a circuit breaker or resulting in a catastrophic driver breakdown. Digital lighting control systems such as DALI, Zigbee, and Bluetooth mesh use integrated software to configure LED components, ensuring that dimming performance is consistent regardless of manufacturer, fixture type, or driver.
What Does This Report Include?
This section will provide insights into the contents included in this LED driver market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.
LED driver market qualitative analysis
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Industry overview
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Industry trends
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Market drivers and restraints
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Market size
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Growth prospects
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Porter’s analysis
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PESTEL analysis
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Key market opportunities prioritized
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Competitive landscape
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Company overview
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Financial performance
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Product benchmarking
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Latest strategic developments
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LED driver market quantitative analysis
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Market size, estimates, and forecast from 2017 to 2030
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Market estimates and forecast for product segments up to 2030
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Regional market size and forecast for product segments up to 2030
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Market estimates and forecast for application segments up to 2030
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Regional market size and forecast for application segments up to 2030
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Company financial performance
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