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

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

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

LED driver ICs are current-controlled regulators that provide biasing current required to activate single LEDs, an LED strip, or multiple LED strips. LEDs emit light when required biasing currents activate forward voltage of the part. Drivers typically drive multiple LEDs situated in either series, parallel, or series-parallel configurations. The color of the light emitted by LEDs is determined by the material used to make the part. Common colors are red, amber, yellow, green, blue, and white.



Driver ICs are used in a variety of LED lighting applications. The drivers may provide current for one LED or for a string of LEDs. The LED driver ICs provide nominal current biasing within the IC, with the option for providing an external resistor to change the bias point. Changing the bias point either increases or decreases constant current through the LEDs. Dynamic brightness control may be added with PWM circuits. Simple drivers require external PWM circuits while more sophisticated driver designs incorporate internal registers able to apply PWMs for brightness control.

The global market for semiconductor was estimated at US$ 579 billion in the year 2022, is projected to US$ 790 billion by 2029, growing at a CAGR of 6% during the forecast period. Although some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.76%, Sensor with 16.31%, and Logic with 14.46% growth, Memory declined with 12.64% year over year. The microprocessor (MPU) and microcontroller (MCU) segments will experience stagnant growth due to weak shipments and investment in notebooks, computers, and standard desktops. In the current market scenario, the growing popularity of IoT-based electronics is stimulating the need for powerful processors and controllers. Hybrid MPUs and MCUs provide real-time embedded processing and control for the topmost IoT-based applications, resulting in significant market growth. The Analog IC segment is expected to grow gradually, while demand from the networking and communications industries is limited. Few of the emerging trends in the growing demand for Analog integrated circuits include signal conversion, automotive-specific Analog applications, and power management. They drive the growing demand for discrete power devices.

The Global Info Research report includes an overview of the development of the LED Lighting Driver ICs industry chain, the market status of Automotive Lighting (SMD Type, Through Hole Type), General Lighting (SMD Type, Through Hole Type), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of LED Lighting Driver ICs.

Regionally, the report analyzes the LED Lighting Driver ICs markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global LED Lighting Driver ICs market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the LED Lighting Driver ICs market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the LED Lighting Driver ICs industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., SMD Type, Through Hole Type).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the LED Lighting Driver ICs market.

Regional Analysis: The report involves examining the LED Lighting Driver ICs market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the LED Lighting Driver ICs market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to LED Lighting Driver ICs:

Company Analysis: Report covers individual LED Lighting Driver ICs manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards LED Lighting Driver ICs This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Automotive Lighting, General Lighting).

Technology Analysis: Report covers specific technologies relevant to LED Lighting Driver ICs. It assesses the current state, advancements, and potential future developments in LED Lighting Driver ICs areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the LED Lighting Driver ICs market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

LED Lighting Driver ICs 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.

Market segment by Type
SMD Type
Through Hole Type

Market segment by Application
Automotive Lighting
General Lighting

Major players covered
Texas Instruments
Diodes Incorporated
onsemi
Analog Devices Inc.
NXP
Microchip
Infineon
Maxim Integrated
AMS
CEL
Dialog Semiconductor
DIOO
ISSI
IXYS
Kinetic Technologies
MaxLinear
Melexis
NJR
Panasonic
Renesas Electronics
ROHM
STM
Toshiba
Wurth Elektronik

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 Lighting Driver ICs product scope, market overview, market estimation caveats and base year.

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

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

Chapter 4, the LED Lighting Driver ICs 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 application, with sales market share and growth rate by type, 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 2017 to 2023.and LED Lighting Driver ICs market forecast, by regions, type and 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 Lighting Driver ICs.

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