March 19, 2024

LED Driver Market Size To Cross USD 34.85 Bn By 2030

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.

LED Driver Market Size 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 CoverageDetails
Market Size in 2022USD 7.45 Billion
Market Size by 2030USD 34.85 Billion
CAGR21.28% from 2022 to 2030
Asia Pacific Market Share45% in 2022
Constant Current Segment Market Share59.8% in 2022
Base Year2022
Forecast Period2022 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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