Global LED Driver Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global LED Driver Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

An LED driver (power supply) is an electrical device which regulates the power to an LED or a string (or strings) of LEDs. It controls the current flowing through the LED. What makes a driver different from conventional power supplies is that an LED driver responds to the ever-changing needs of the LED, or circuit of LEDs, by supplying a constant amount of power to the LED, as its electrical properties change with temperature.

According to our (Global Info Research) latest study, the global LED Driver market size was valued at US$ 2424 million in 2023 and is forecast to a readjusted size of USD 3596 million by 2030 with a CAGR of 5.9% during review period.

Global LED Driver key players include TI, Maxim, Linear, etc. Global top three manufacturers hold a share about 35%.

China is the largest market, with a share about 30%, followed by Europe and USA, both have a share over 20 percent.

In terms of product, DC-DC is the largest segment, with a share about 55%. And in terms of application, the largest application is Illumination, followed by Backlighting.

This report is a detailed and comprehensive analysis for global LED Driver market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global LED Driver market size and forecasts, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/K Unit), 2019-2030

Global LED Driver market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/K Unit), 2019-2030

Global LED Driver market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/K Unit), 2019-2030

Global LED Driver market shares of main players, shipments in revenue ($ Million), sales quantity (M Units), and ASP (USD/K Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for LED Driver

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global LED Driver market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include TI, Macroblock, Maxim, Linear, NXP, Skyworks, Infineon, Toshiba, ON Semiconductor, Rohm, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

LED Driver market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Internal Drivers
External Drivers

Market segment by Application
Lighting
Automotive
Fixed Telecommunications
Mobile Telecommunications
Computer & Office Equipment
Consumer
Military and Aerospace
Signage
Industrial, Medical & Security

Major players covered
TI
Macroblock
Maxim
Linear
NXP
Skyworks
Infineon
Toshiba
ON Semiconductor
Rohm
Sumacro
Silan
BPSemi
Sunmoon
Si-Power

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe LED Driver product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of LED Driver, with price, sales quantity, revenue, and global market share of LED Driver from 2019 to 2024.

Chapter 3, the LED Driver competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the LED Driver breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and LED Driver market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of LED Driver.

Chapter 14 and 15, to describe LED Driver sales channel, distributors, customers, research findings and conclusion.