LED Driver Market
LED Driver Market - Global Industry Assessment & Forecast
#
Pages:
141
2024
Feb - 2023
VMR-2015
Segments Covered
By
Driving Methods Constant Current LED Driver, Constant Voltage LED Driver
-
By
Luminaire Types Type A-Lamps, T-Lamps, Reflectors, Decorative Lamps, Integral LED Modules
-
By
End-User Applications Commercial Lighting, Industrial Lighting, Residential Lighting, Outlook & Traffic Lighting, Other End-Users
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2024 |
| Forecast
Years:
|
2025 - 2035 |
 Historical
Years:
|
2019 - 2023 |
 Revenue
2024: |
USD 51.5 Billion |
 Revenue 2035:
|
USD 131.6 Billion |
 Revenue CAGR
(2025 - 2035): |
8.9% |
Fastest Growing Region (2025 -
2035)
|
Asia Pacific |
Largest Region (2024):
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
| Sr. No. | Offering | Report Coverage |
| 1. | Market Size | In terms of Revenue (USD Million) |
| 2. | Historic Data | 2019 to 2023 |
| 3. | Forecast Data | 2025 to 2035 |
| 4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
| 5. | Market Attractiveness Analysis | Yes |
| 6. | Segment Analysis | Maximum Segments |
| 7. | Regional Coverage | 5 Regions |
| 8. | Country Coverage | Top 22 Countries |
| 9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
| 10. | Porter’s Five Forces Analysis | Yes. |
| 11. | Value Chain Analysis | Yes |
| 12. | PEST Analysis | Yes |
| 13. | Regulatory Landscape | Yes |
| 14. | Technology Landscape | Yes |
| 15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
| 16. | Top startups to watch out for | Yes |
| 17. | Top 3 Trends to Watch | Yes |
| 18. | Top 3 Strategies Followed by Major Players | Yes |
| 19. | Top 3 Predictions by Vantage Market Research | Yes |
| 20. | Discussion Guide | Yes |
| 21. | Key Primary Respondents - VERBATIM | Yes |
| 22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
| 23. | Others/Miscellaneous | |
Vantage Market
Research | 21-Feb-2023
FAQ
Frequently Asked Question
What is the global demand for LED Driver in terms of revenue?
-
The global LED Driver valued at USD 51.5 Billion in 2024 and is expected to reach USD 131.6 Billion in 2035 growing at a CAGR of 8.9%.
Which are the prominent players in the market?
-
The prominent players in the market are ACE LEDS (U.S.), Microchip Technology Inc. (U.S.), Cree LED (China), GE Current - a Daintree Company (U.S.), Signify Holdings (India), SAMSUNG (Korea), Lutron Electronics Co. Ltd. (U.S.), Macroblock Inc. (Taiwan), Maxim Integrated (U.S.), NXP Semiconductors (Netherlands), Semiconductor Components Industries LLC (U.S.), AMS OSRAM (Austria), ROHM Co. Ltd. (Japan), STMicroelectronics N. V. (Switzerland), Texas Instruments Incorporated (U.S.), Eaglerise Electric & Electronic (China) Co. Ltd. (China), Lifud Technology Co. Ltd. (China), BOKE Drivers Co. Ltd (China), Shenzhen Xiezhen Electronics Co. Ltd. (China), MEAN WELL Enterprises Co. Ltd. (Taiwan), Inventronics Inc (China), Tridonic (Austria), TCI Telecomunicazioni Italia SRL (Italy).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 8.9% between 2025 and 2035.
What are the driving factors fueling the growth of the market.
-
The driving factors of the LED Driver include
- Growing demand for efficient lighting technology
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the LED Driver in 2024.
