LED Driver Market Size, Share & Trends Analysis Report By Supply Type (Constant Voltage, Constant Current), By Application Type (Automotive, Consumer Electronics, Lighting, Outdoor Display), And Segment Forecasts, 2019 - 2025

Published: Jun, 2019 | Pages: 125 | Publisher: Grand View Research
Industry: Semiconductors | Report Format: Electronic (PDF)

The global LED driver market size is expected to reach at USD 11.31 billion by 2025, according to a new report by Grand View Research, Inc. The light-emitting diode driver market is projected to expand at a CAGR of 16.3% over the forecast period. LEDs have emerged as an energy-efficient alternative to traditional light sources in the last decade; thus, they have extensive demand in lighting and display segments across several industries. LED lighting is replacing the traditional lighting products due to their benefits, such as longer life, higher energy-efficiency, miniaturization, lower heat output, and directionality.

Moreover, rising demand for IOT-based connected lighting solutions due to the rising number of smart homes in developed countries will contribute to the LEDdrivermarket growth. Furthermore, governments of various countries have launched Smart City initiatives to improve the energy-efficiency of populated cities, which is anticipated to boost the market further. Demand for the constant current LED driver has witnessed exponential growth from 2015 to 2018; these drivers are widely used in high brightness and outdoor lighting applications.

The consumer electronics segment is the largest application segment in the market as LEDs have extensive demand in television and display panels applications. Many leading manufacturers are collaborating with other companies to deliver public lighting systems to cities around the world connected with remote management for energy saving and efficient maintenance. For instance, Philips Lighting N.V. has collaborated with Vodafone Limited to deploy IoT-based wireless Smart Street lighting across the globe.

There is a high demand for energy-efficient and highly reliable products with a smaller system package and lower cost for applications in the low- to mid-power range. To meet these requirements, manufacturers are incorporating Primary-Side Regulation (PSR) to lower the costs by eliminating secondary feedback circuitry and Power-Factor Correction (PFC) circuitry for higher power quality.

Further key findings from the study suggest:

• The constant current segment is anticipated to expand at the highest CAGR of 16.7% from 2019 to 2025. These type of drivers provide greater system reliability for general lighting applications

• The application lighting segment is anticipated to witness the maximum CAGR of 18.6% over the forecast period

• On the other hand, consumer electronics application segment is estimated to account for the largest market share by 2025

• Asia Pacific led the market in 2018 and is projected to maintain the dominance throughout the forecast years due to stringent regulations across region, which fuel the demand for efficient lighting solutions

• Key industry participants include AC Electronics; Atmel Corp.; Cree, Inc.; General Electric Company; Koninklijke Philips N.V.; Lutron Electronics Co.; On Semiconductor Corp.; and Osram GmbH

 Table of Contents

1. Methodology and Scope
                   1.1. Research Methodology
                   1.2. Research Scope & Assumption
                   1.3. List of Data Sources

2. Executive Summary
                   2.1. LED driver - Industry snapshot and key buying criteria, 2015 - 2025

3. LED driver Industry Outlook
                   3.1. Market segmentation
                   3.2. Market size and growth prospects
                   3.3. LED driver value chain analysis
                       3.3.1. Vendor landscape
                   3.4. LED driver market dynamics
                       3.4.1. Market driver analysis
                           3.4.1.1. Proliferating demand for efficient lighting technology
                           3.4.1.2. Rising demand for driver across general lighting applications
                           3.4.1.3. Growing convergence of LED lighting and Internet of Things (IoT)
                       3.4.2. Market restraint analysis
                           3.4.2.1. Lack of common standards among various manufacturers
                   3.5. Key opportunities prioritized
                   3.6. Industry analysis - Porter's
                   3.7. LED driver - Key competitor analysis, 2018
                       3.7.1. Market strategy overview
                   3.8. LED driver market PESTEL analysis, 2018

4. LED Driver Market: Supply Type Estimates & Trend Analysis
                   4.1. Constant voltage LED driver market, 2015 - 2025 (USD Million)
                   4.2. Constant current LED driver market, 2015 - 2025 (USD Million)

5. LED Driver Market: Application Type Estimates & Trend Analysis
                   5.1. Automotive LED driver market, 2015 - 2025 (USD Million)
                   5.2. Consumer electronics LED driver market, 2015 - 2025 (USD Million)
                   5.3. Lighting LED driver market, 2015 - 2025 (USD Million)
                   5.4. Outdoor Display LED driver market, 2015 - 2025 (USD Million)

6. LED driver Market: Regional Estimates & Trend Analysis
                   6.1. North America
                       6.1.1. North America LED driver market, by supply type, 2015 - 2025 (USD Million)
                       6.1.2. North America LED driver market, by application type, 2015 - 2025 (USD Million)
                       6.1.3. U.S.
                           6.1.3.1. U.S. LED driver market, by supply type, 2015 - 2025 (USD Million)
                           6.1.3.2. U.S. LED driver market, by application type, 2015 - 2025 (USD Million)
                       6.1.4. Canada
                           6.1.4.1. Canada LED driver market, by supply type, 2015 - 2025 (USD Million)
                           6.1.4.2. Canada LED driver market, by application type, 2015 - 2025 (USD Million)
                   6.2. Europe
                       6.2.1. Europe LED driver market, by supply type, 2015 - 2025 (USD Million)
                       6.2.2. Europe LED driver market, by application type, 2015 - 2025 (USD Million)
                       6.2.3. United Kingdom
                           6.2.3.1. U.K. LED driver market, by supply type, 2015 - 2025 (USD Million)
                           6.2.3.2. U.K. LED driver market, by application type, 2015 - 2025 (USD Million)
                       6.2.4. Germany
                           6.2.4.1. Germany LED driver market, by supply type, 2015 - 2025 (USD Million)
                           6.2.4.2. Germany LED driver market, by application type, 2015 - 2025 (USD Million)
                       6.2.5. France
                           6.2.5.1. France LED driver market, by supply type, 2015 - 2025 (USD Million)
                           6.2.5.2. France LED driver market, by application type, 2015 - 2025 (USD Million)
                   6.3. Asia-Pacific
                       6.3.1. Asia Pacific LED driver market, by supply type, 2015 - 2025 (USD Million)
                       6.3.2. Asia Pacific LED driver market, by application type, 2015 - 2025 (USD Million)
                       6.3.3. China
                           6.3.3.1. China LED driver market, by supply type, 2015 - 2025 (USD Million)
                           6.3.3.2. China LED driver market, by application type, 2015 - 2025 (USD Million)
                       6.3.4. India
                           6.3.4.1. India LED driver market, by supply type, 2015 - 2025 (USD Million)
                           6.3.4.2. India LED driver market, by application type, 2015 - 2025 (USD Million)
                       6.3.5. Japan
                           6.3.5.1. Japan LED driver market, by supply type, 2015 - 2025 (USD Million)
                           6.3.5.2. Japan LED driver market, by application type, 2015 - 2025 (USD Million)
                       6.3.6. Korea
                           6.3.6.1. Korea LED driver market, by supply type, 2015 - 2025 (USD Million)
                           6.3.6.2. Korea LED driver market, by application type, 2015 - 2025 (USD Million)
                   6.4. Latin America
                       6.4.1. Latin America LED driver market, by supply type, 2015 - 2025 (USD Million)
                       6.4.2. Latin America LED driver market, by application type, 2015 - 2025 (USD Million)
                       6.4.3. Brazil
                           6.4.3.1. Brazil LED driver market, by supply type, 2015 - 2025 (USD Million)
                           6.4.3.2. Brazil LED driver market, by application type, 2015 - 2025 (USD Million)
                       6.4.4. Mexico
                           6.4.4.1. Mexico LED driver market, by supply type, 2015 - 2025 (USD Million)
                           6.4.4.2. Mexico LED driver market, by application type, 2015 - 2025 (USD Million)
                   6.5. Middle East & Africa
                       6.5.1. MEA LED driver market, by supply type, 2015 - 2025 (USD Million)
                       6.5.2. MEA LED driver market, by application type, 2015 - 2025 (USD Million)

7. Competitive Landscape 
                   7.1. AC Electronics
                       7.1.1. Company Overview
                       7.1.2. Financial Performance
                       7.1.3. Product Benchmarking
                       7.1.4. Strategic Initiatives
                   7.2. Atmel Corporation
                       7.2.1. Company Overview
                       7.2.2. Financial Performance
                       7.2.3. Product Benchmarking
                       7.2.4. Strategic Initiatives
                   7.3. Cree, Inc.
                       7.3.1. Company Overview
                       7.3.2. Financial Performance
                       7.3.3. Product Benchmarking
                       7.3.4. Strategic Initiatives
                   7.4. General Electric Company
                       7.4.1. Company Overview
                       7.4.2. Financial Performance
                       7.4.3. Product Benchmarking
                       7.4.4. Strategic Initiatives
                   7.5. Harvard Technology Ltd.
                       7.5.1. Company Overview
                       7.5.2. Financial Performance
                       7.5.3. Product Benchmarking
                       7.5.4. Strategic Initiatives
                   7.6. Signify Holding.
                       7.6.1. Company Overview
                       7.6.2. Financial Performance
                       7.6.3. Product Benchmarking
                       7.6.4. Strategic Initiatives
                   7.7. Lutron Electronics Co., Inc.
                       7.7.1. Company Overview
                       7.7.2. Financial Performance
                       7.7.3. Product Benchmarking
                       7.7.4. Strategic Initiatives
                   7.8. Macroblock, Inc.
                       7.8.1. Company Overview
                       7.8.2. Financial Performance
                       7.8.3. Product Benchmarking
                       7.8.4. Strategic Initiatives
                   7.9. Maxim Integrated Products, Inc.
                       7.9.1. Company Overview
                       7.9.2. Financial Performance
                       7.9.3. Product Benchmarking
                       7.9.4. Strategic Initiatives
                   7.10. NXP Semiconductors N.V.
                       7.10.1. Company Overview
                       7.10.2. Financial Performance
                       7.10.3. Product Benchmarking
                       7.10.4. Strategic Initiatives
                   7.11. On Semiconductor Corporation
                       7.11.1. Company Overview
                       7.11.2. Financial Performance
                       7.11.3. Product Benchmarking
                       7.11.4. Strategic Initiatives
                   7.12. Osram GmbH
                       7.12.1. Company Overview
                       7.12.2. Financial Performance
                       7.12.3. Product Benchmarking
                       7.12.4. Strategic Initiatives
                   7.13. ROHM Semiconductors
                       7.13.1. Company Overview
                       7.13.2. Financial Performance
                       7.13.3. Product Benchmarking
                       7.13.4. Strategic Initiatives
                   7.14. STMicroelectronics N.V.
                       7.14.1. Company Overview
                       7.14.2. Financial Performance
                       7.14.3. Product Benchmarking
                       7.14.4. Strategic Initiatives
                   7.15. Texas Instruments, Inc.
                       7.15.1. Company Overview
                       7.15.2. Financial Performance
                       7.15.3. Product Benchmarking
                       7.15.4. Strategic Initiatives

List of Tables

TABLE 1 Global LED driver market,, 2015 - 2025 (USD Million)
TABLE 2 Global LED driver market estimates and forecasts by region,, 2015 - 2025 (USD Million)
TABLE 3 Global LED driver market estimates and forecasts by supply type,, 2015 - 2025 (USD Million)
TABLE 4 Global LED driver market estimates and forecasts by application,, 2015 - 2025 (USD Million)
TABLE 5 Global constant voltage driver market by region, 2015 - 2025 (USD Million)
TABLE 6 Global constant current driver market by region, 2015 - 2025 (USD Million)
TABLE 7 Global automotive market by region, 2015 - 2025 (USD Million)
TABLE 8 Global consumer electronics market by region, 2015 - 2025 (USD Million)
TABLE 9 Global outdoor lighting market by region (USD Million), 2015- 2025
TABLE 10 Global outdoor display market by region, 2015 - 2025 (USD Million)
TABLE 11 Global other application type market by region, 2015 - 2025 (USD Million)
TABLE 12 Global industrial market by region, 2015 - 2025 (USD Million)
TABLE 13 Global commercial market by region, 2015 - 2025 (USD Million)
TABLE 14 Global residential market by region, 2015 - 2025 (USD Million)
TABLE 15 North America LED driver market by supply type, 2015 - 2025 (USD Million)
TABLE 16 North America LED driver market by application, 2015 - 2025 (USD Million)
TABLE 17 U.S. LED driver market by supply type, 2015 - 2025 (USD Million)
TABLE 18 U.S. LED driver market by application, 2015 - 2025 (USD Million)
TABLE 19 Canada LED driver market by supply type, 2015 - 2025 (USD Million)
TABLE 20 Canada LED driver market by application, 2015 - 2025 (USD Million)
TABLE 21 Europe. LED driver market by supply type, 2015 - 2025 (USD Million)
TABLE 22 Europe LED driver market by application, 2015 - 2025 (USD Million)
TABLE 23 U.K. LED driver market by supply type, 2015 - 2025 (USD Million)
TABLE 24 U.K. LED driver market by application, 2015 - 2025 (USD Million)
TABLE 25 Germany LED driver market by supply type, 2015 - 2025 (USD Million)
TABLE 26 Germany LED driver market by application, 2015 - 2025 (USD Million)
TABLE 27 France LED driver market by supply type, 2015 - 2025 (USD Million)
TABLE 28 France LED driver market by application, 2015 - 2025 (USD Million)
TABLE 29 Asia Pacific LED driver market by supply type, 2015 - 2025 (USD Million)
TABLE 30 Asia Pacific LED driver market by application, 2015 - 2025 (USD Million)
TABLE 31 China LED driver market by supply type, 2015 - 2025 (USD Million)
TABLE 32 China LED driver market by application, 2015 - 2025 (USD Million)
TABLE 33 India LED driver market by supply type, 2015 - 2025 (USD Million)
TABLE 34 India LED driver market by application, 2015 - 2025 (USD Million)
TABLE 35 Japan LED driver market by supply type, 2015 - 2025 (USD Million)
TABLE 36 Japan LED driver market by application, 2015 - 2025 (USD Million)
TABLE 37 Korea LED driver market by supply type, 2015 - 2025 (USD Million)
TABLE 38 Korea LED driver market by application, 2015 - 2025 (USD Million)
TABLE 39 Latin America LED driver market by supply type, 2015 - 2025 (USD Million)
TABLE 40 Latin America LED driver market by application, 2015 - 2025 (USD Million)
TABLE 41 Brazil LED driver market by supply type, 2015 - 2025 (USD Million)
TABLE 42 Brazil LED driver market by application, 2015 - 2025 (USD Million)
TABLE 43 Mexico LED driver market by supply type, 2015 - 2025 (USD Million)
TABLE 44 Mexico LED driver market by application, 2015 - 2025 (USD Million)
TABLE 45 MEA LED driver market by supply type, 2015 - 2025 (USD Million)
TABLE 46 MEA LED driver market by application, 2015 - 2025 (USD Million)

List of Figures

FIG. 1 Market segmentation
FIG. 2 LED driver - Market size and growth prospects
FIG. 3 LED driver - Value chain analysis
FIG. 4 Market dynamics
FIG. 5 Porter's Five Forces Analysis
FIG. 6 Penetration & growth prospect mapping
FIG. 7 Global company market share - 2018
FIG. 8 North America company market share - 2018
FIG. 9 LED driver - PESTEL analysis
FIG. 10 LED driver market share by supply type, 2015 & 2025
FIG. 11 Global constant voltage driver market, 2015 - 2025 (USD Million)
FIG. 12 Global constant current driver market, 2015 - 2025 (USD Million)
FIG. 13 LED driver market share by application, 2015 & 2025
FIG. 14 Global automotive market, 2015 - 2025 (USD Million)
FIG. 15 Global consumer electronics market, 2015 - 2025 (USD Million)
FIG. 16 Global outdoor lighting market, 2015 - 2025 (USD Million)
FIG. 17 Global outdoor display market, 2015 - 2025 (USD Million)
FIG. 18 Global other applications market, 2015 - 2025 (USD Million)
FIG. 19 Global industrial market, 2015 - 2025 (USD Million)
FIG. 20 Global commercial market, 2015 - 2025 (USD Million)
FIG. 21 Global market for LED driver in residential (USD Million), 2015 -2025
FIG. 22 LED driver market share by region, 2015 & 2025