The global LED driver market size accounted for US$ 7.45 Bn in 2022 and is projected to reach around USD 7.45 Bn by 2030, growing at a CAGR of 21.28% from 2022 to 2030.
Report Summary
The global LED driver market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.
The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the LED driver market across the globe.
A comprehensive estimate on the LED driver market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of LED driver during the forecast period. Price point comparison by region with global average price is also considered in the study.
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LED Driver Market Report Scope
Report Coverage | Details |
Market Size in 2022 | USD 7.45 Billion |
Market Size by 2030 | USD 34.85 Billion |
CAGR | 21.28% from 2022 to 2030 |
Asia Pacific Market Share | 45% in 2022 |
Constant Current Segment Market Share | 59.8% in 2022 |
Base Year | 2022 |
Forecast Period | 2022 to 2030 |
Key Highlights:
Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized LED driver market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.
Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.
Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.
Also Read: 5G In Healthcare Market Size To Cross USD 459.71 Bn By 2030
Market Players
The report includes the profiles of key LED driver market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.
Major companies operating in this area
- ACE LEDS
- Cree LED
- Signify Holding
- Maxim Integrated
- Texas Instruments Incorporated
- NXP Semiconductors
- STMicroelectronics
- Bokedriver
- MEAN WELL Enterprises Co.
- Inventronics Inc.
LED Driver Market Segmentation
By Product
- Constant Voltage
- Constant Current
By Luminaire Type
- Decorative Lamps
- Reflectors
- Type A Lamp
- Others
By Component
- Driver IC
- Discrete Component
- Others
By Control Feature
- Wired
- Wireless
By Application
- General Lighting
- Electronic Devices
- Automotive Lighting
- Lighting Outdoor Display
By End-User
- Residential
- Commercial
- Industrial
Regional Segmentation
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
- Latin America (Brazil and Rest of Latin America)
- Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
Research Methodology
Secondary Research
It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.
The secondary research sources referred in the process are as follows:
- Governmental bodies, and organizations creating economic policies
- National and international social welfare institutions
- Company websites, financial reports and SEC filings, broker and investor reports
- Related patent and regulatory databases
- Statistical databases and market reports
- Corporate Presentations, news, press release, and specification sheet of Manufacturers
Primary Research
Primary research includes face-to-face interviews, online surveys, and telephonic interviews.
- Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
- In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on LED Driver Market
5.1. COVID-19 Landscape: LED Driver Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global LED Driver Market, By Product
8.1. LED Driver Market, by Product, 2022-2030
8.1.1. Constant Voltage
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Constant Current
8.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global LED Driver Market, By Luminaire Type
9.1. LED Driver Market, by Luminaire Type, 2022-2030
9.1.1. Decorative Lamps
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Reflectors
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Type A Lamp
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Others
9.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global LED Driver Market, By Component
10.1. LED Driver Market, by Component, 2022-2030
10.1.1. Driver IC
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Discrete Component
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Others
10.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global LED Driver Market, By Control Feature
11.1. LED Driver Market, by Control Feature, 2022-2030
11.1.1. Wired
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. Wireless
11.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global LED Driver Market, By Application
12.1. LED Driver Market, by Application, 2022-2030
12.1.1. General Lighting
12.1.1.1. Market Revenue and Forecast (2017-2030)
12.1.2. Electronic Devices
12.1.2.1. Market Revenue and Forecast (2017-2030)
12.1.3. Automotive Lighting
12.1.3.1. Market Revenue and Forecast (2017-2030)
12.1.4. Lighting Outdoor Display
12.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 13. Global LED Driver Market, By End-User
13.1. LED Driver Market, by End-User, 2022-2030
13.1.1. Residential
13.1.1.1. Market Revenue and Forecast (2017-2030)
13.1.2. Commercial
13.1.2.1. Market Revenue and Forecast (2017-2030)
13.1.3. Industrial
13.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 14. Global LED Driver Market, Regional Estimates and Trend Forecast
14.1. North America
14.1.1. Market Revenue and Forecast, by Product (2017-2030)
14.1.2. Market Revenue and Forecast, by Luminaire Type (2017-2030)
14.1.3. Market Revenue and Forecast, by Component (2017-2030)
14.1.4. Market Revenue and Forecast, by Control Feature (2017-2030)
14.1.5. Market Revenue and Forecast, by Application (2017-2030)
14.1.6. Market Revenue and Forecast, by End-User (2017-2030)
14.1.7. U.S.
14.1.7.1. Market Revenue and Forecast, by Product (2017-2030)
14.1.7.2. Market Revenue and Forecast, by Luminaire Type (2017-2030)
14.1.7.3. Market Revenue and Forecast, by Component (2017-2030)
14.1.7.4. Market Revenue and Forecast, by Control Feature (2017-2030)
14.1.8. Market Revenue and Forecast, by Application (2017-2030)
14.1.8.1. Market Revenue and Forecast, by End-User (2017-2030)
14.1.9. Rest of North America
14.1.9.1. Market Revenue and Forecast, by Product (2017-2030)
14.1.9.2. Market Revenue and Forecast, by Luminaire Type (2017-2030)
14.1.9.3. Market Revenue and Forecast, by Component (2017-2030)
14.1.9.4. Market Revenue and Forecast, by Control Feature (2017-2030)
14.1.10. Market Revenue and Forecast, by Application (2017-2030)
14.1.11. Market Revenue and Forecast, by End-User (2017-2030)
14.1.11.1.
14.2. Europe
14.2.1. Market Revenue and Forecast, by Product (2017-2030)
14.2.2. Market Revenue and Forecast, by Luminaire Type (2017-2030)
14.2.3. Market Revenue and Forecast, by Component (2017-2030)
14.2.4. Market Revenue and Forecast, by Control Feature (2017-2030)
14.2.5. Market Revenue and Forecast, by Application (2017-2030)
14.2.6. Market Revenue and Forecast, by End-User (2017-2030)
14.2.7.
14.2.8. UK
14.2.8.1. Market Revenue and Forecast, by Product (2017-2030)
14.2.8.2. Market Revenue and Forecast, by Luminaire Type (2017-2030)
14.2.8.3. Market Revenue and Forecast, by Component (2017-2030)
14.2.9. Market Revenue and Forecast, by Control Feature (2017-2030)
14.2.10. Market Revenue and Forecast, by Application (2017-2030)
14.2.10.1. Market Revenue and Forecast, by End-User (2017-2030)
14.2.11. Germany
14.2.11.1. Market Revenue and Forecast, by Product (2017-2030)
14.2.11.2. Market Revenue and Forecast, by Luminaire Type (2017-2030)
14.2.11.3. Market Revenue and Forecast, by Component (2017-2030)
14.2.12. Market Revenue and Forecast, by Control Feature (2017-2030)
14.2.13. Market Revenue and Forecast, by Application (2017-2030)
14.2.14. Market Revenue and Forecast, by End-User (2017-2030)
14.2.14.1.
14.2.15. France
14.2.15.1. Market Revenue and Forecast, by Product (2017-2030)
14.2.15.2. Market Revenue and Forecast, by Luminaire Type (2017-2030)
14.2.15.3. Market Revenue and Forecast, by Component (2017-2030)
14.2.15.4. Market Revenue and Forecast, by Control Feature (2017-2030)
14.2.16. Market Revenue and Forecast, by Application (2017-2030)
14.2.16.1. Market Revenue and Forecast, by End-User (2017-2030)
14.2.17. Rest of Europe
14.2.17.1. Market Revenue and Forecast, by Product (2017-2030)
14.2.17.2. Market Revenue and Forecast, by Luminaire Type (2017-2030)
14.2.17.3. Market Revenue and Forecast, by Component (2017-2030)
14.2.17.4. Market Revenue and Forecast, by Control Feature (2017-2030)
14.2.18. Market Revenue and Forecast, by Application (2017-2030)
14.2.18.1. Market Revenue and Forecast, by End-User (2017-2030)
14.3. APAC
14.3.1. Market Revenue and Forecast, by Product (2017-2030)
14.3.2. Market Revenue and Forecast, by Luminaire Type (2017-2030)
14.3.3. Market Revenue and Forecast, by Component (2017-2030)
14.3.4. Market Revenue and Forecast, by Control Feature (2017-2030)
14.3.5. Market Revenue and Forecast, by Application (2017-2030)
14.3.6. Market Revenue and Forecast, by End-User (2017-2030)
14.3.7. India
14.3.7.1. Market Revenue and Forecast, by Product (2017-2030)
14.3.7.2. Market Revenue and Forecast, by Luminaire Type (2017-2030)
14.3.7.3. Market Revenue and Forecast, by Component (2017-2030)
14.3.7.4. Market Revenue and Forecast, by Control Feature (2017-2030)
14.3.8. Market Revenue and Forecast, by Application (2017-2030)
14.3.9. Market Revenue and Forecast, by End-User (2017-2030)
14.3.10. China
14.3.10.1. Market Revenue and Forecast, by Product (2017-2030)
14.3.10.2. Market Revenue and Forecast, by Luminaire Type (2017-2030)
14.3.10.3. Market Revenue and Forecast, by Component (2017-2030)
14.3.10.4. Market Revenue and Forecast, by Control Feature (2017-2030)
14.3.11. Market Revenue and Forecast, by Application (2017-2030)
14.3.11.1. Market Revenue and Forecast, by End-User (2017-2030)
14.3.12. Japan
14.3.12.1. Market Revenue and Forecast, by Product (2017-2030)
14.3.12.2. Market Revenue and Forecast, by Luminaire Type (2017-2030)
14.3.12.3. Market Revenue and Forecast, by Component (2017-2030)
14.3.12.4. Market Revenue and Forecast, by Control Feature (2017-2030)
14.3.12.5. Market Revenue and Forecast, by Application (2017-2030)
14.3.12.6. Market Revenue and Forecast, by End-User (2017-2030)
14.3.13. Rest of APAC
14.3.13.1. Market Revenue and Forecast, by Product (2017-2030)
14.3.13.2. Market Revenue and Forecast, by Luminaire Type (2017-2030)
14.3.13.3. Market Revenue and Forecast, by Component (2017-2030)
14.3.13.4. Market Revenue and Forecast, by Control Feature (2017-2030)
14.3.13.5. Market Revenue and Forecast, by Application (2017-2030)
14.3.13.6. Market Revenue and Forecast, by End-User (2017-2030)
14.4. MEA
14.4.1. Market Revenue and Forecast, by Product (2017-2030)
14.4.2. Market Revenue and Forecast, by Luminaire Type (2017-2030)
14.4.3. Market Revenue and Forecast, by Component (2017-2030)
14.4.4. Market Revenue and Forecast, by Control Feature (2017-2030)
14.4.5. Market Revenue and Forecast, by Application (2017-2030)
14.4.6. Market Revenue and Forecast, by End-User (2017-2030)
14.4.7. GCC
14.4.7.1. Market Revenue and Forecast, by Product (2017-2030)
14.4.7.2. Market Revenue and Forecast, by Luminaire Type (2017-2030)
14.4.7.3. Market Revenue and Forecast, by Component (2017-2030)
14.4.7.4. Market Revenue and Forecast, by Control Feature (2017-2030)
14.4.8. Market Revenue and Forecast, by Application (2017-2030)
14.4.9. Market Revenue and Forecast, by End-User (2017-2030)
14.4.10. North Africa
14.4.10.1. Market Revenue and Forecast, by Product (2017-2030)
14.4.10.2. Market Revenue and Forecast, by Luminaire Type (2017-2030)
14.4.10.3. Market Revenue and Forecast, by Component (2017-2030)
14.4.10.4. Market Revenue and Forecast, by Control Feature (2017-2030)
14.4.11. Market Revenue and Forecast, by Application (2017-2030)
14.4.12. Market Revenue and Forecast, by End-User (2017-2030)
14.4.13. South Africa
14.4.13.1. Market Revenue and Forecast, by Product (2017-2030)
14.4.13.2. Market Revenue and Forecast, by Luminaire Type (2017-2030)
14.4.13.3. Market Revenue and Forecast, by Component (2017-2030)
14.4.13.4. Market Revenue and Forecast, by Control Feature (2017-2030)
14.4.13.5. Market Revenue and Forecast, by Application (2017-2030)
14.4.13.6. Market Revenue and Forecast, by End-User (2017-2030)
14.4.14. Rest of MEA
14.4.14.1. Market Revenue and Forecast, by Product (2017-2030)
14.4.14.2. Market Revenue and Forecast, by Luminaire Type (2017-2030)
14.4.14.3. Market Revenue and Forecast, by Component (2017-2030)
14.4.14.4. Market Revenue and Forecast, by Control Feature (2017-2030)
14.4.14.5. Market Revenue and Forecast, by Application (2017-2030)
14.4.14.6. Market Revenue and Forecast, by End-User (2017-2030)
14.5. Latin America
14.5.1. Market Revenue and Forecast, by Product (2017-2030)
14.5.2. Market Revenue and Forecast, by Luminaire Type (2017-2030)
14.5.3. Market Revenue and Forecast, by Component (2017-2030)
14.5.4. Market Revenue and Forecast, by Control Feature (2017-2030)
14.5.5. Market Revenue and Forecast, by Application (2017-2030)
14.5.6. Market Revenue and Forecast, by End-User (2017-2030)
14.5.7. Brazil
14.5.7.1. Market Revenue and Forecast, by Product (2017-2030)
14.5.7.2. Market Revenue and Forecast, by Luminaire Type (2017-2030)
14.5.7.3. Market Revenue and Forecast, by Component (2017-2030)
14.5.7.4. Market Revenue and Forecast, by Control Feature (2017-2030)
14.5.8. Market Revenue and Forecast, by Application (2017-2030)
14.5.8.1. Market Revenue and Forecast, by End-User (2017-2030)
14.5.9. Rest of LATAM
14.5.9.1. Market Revenue and Forecast, by Product (2017-2030)
14.5.9.2. Market Revenue and Forecast, by Luminaire Type (2017-2030)
14.5.9.3. Market Revenue and Forecast, by Component (2017-2030)
14.5.9.4. Market Revenue and Forecast, by Control Feature (2017-2030)
14.5.9.5. Market Revenue and Forecast, by Application (2017-2030)
14.5.9.6. Market Revenue and Forecast, by End-User (2017-2030)
Chapter 15. Company Profiles
15.1. ACE LEDS
15.1.1. Company Overview
15.1.2. Product Offerings
15.1.3. Financial Performance
15.1.4. Recent Initiatives
15.2. Cree LED
15.2.1. Company Overview
15.2.2. Product Offerings
15.2.3. Financial Performance
15.2.4. Recent Initiatives
15.3. Signify Holding
15.3.1. Company Overview
15.3.2. Product Offerings
15.3.3. Financial Performance
15.3.4. Recent Initiatives
15.4. Maxim Integrated
15.4.1. Company Overview
15.4.2. Product Offerings
15.4.3. Financial Performance
15.4.4. Recent Initiatives
15.5. Texas Instruments Incorporated
15.5.1. Company Overview
15.5.2. Product Offerings
15.5.3. Financial Performance
15.5.4. Recent Initiatives
15.6. NXP Semiconductors
15.6.1. Company Overview
15.6.2. Product Offerings
15.6.3. Financial Performance
15.6.4. Recent Initiatives
15.7. STMicroelectronics
15.7.1. Company Overview
15.7.2. Product Offerings
15.7.3. Financial Performance
15.7.4. Recent Initiatives
15.8. Bokedriver
15.8.1. Company Overview
15.8.2. Product Offerings
15.8.3. Financial Performance
15.8.4. Recent Initiatives
15.9. MEAN WELL Enterprises Co.
15.9.1. Company Overview
15.9.2. Product Offerings
15.9.3. Financial Performance
15.9.4. Recent Initiatives
15.10. Inventronics Inc.
15.10.1. Company Overview
15.10.2. Product Offerings
15.10.3. Financial Performance
15.10.4. Recent Initiatives
Chapter 16. Research Methodology
16.1. Primary Research
16.2. Secondary Research
16.3. Assumptions
Chapter 17. Appendix
17.1. About Us
17.2. Glossary of Terms
Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.
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