LED Driver Market Size to Worth US$ 34.85 Billion by 2030

According to the new research report published by Precedence Research, titled “LED Driver Market (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) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2022-2030 (By Product: Traditional, Advanced; By Application: Pottery, Tiles, Abrasives, Sanitary wave, Bricks & pipes, Others; By End User: Medical, Industrial, Building & Construction, Others) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2022-2030”, the global LED driver market size is expected to be worth around US$ 34.85  billion by 2030 and is poised to record a yearly growth rate of 21.28% from 2022 to 2030. The study investigates several elements and their consequences on the growth of the all-wheel drive market.

This report focuses on LED driver market volume and value at the global level, regional level and company level. From a global perspective, this report represents the overall LED driver market size by analysing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, the Middle East & Africa, Latin America, etc.

LED Driver Market Size 2022 to 2030

 The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

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The study also provides important advancements in organic and inorganic growth strategies in the worldwide LED driver market. A lot of corporations are prioritizing new launches, product approvals, and other business expansion techniques. In addition, the report offers profiles of LED driver market firms and market strategies. Furthermore, the research focuses on top industry participants, providing information such as company profiles, components and services offered, recent financial data, and key developments.

LED Driver Market Report Scope 

Report Coverage Details
Market Size in 2022 USD 7.45 Billion
Market Size by 2030 USD 34.85 Billion
CAGR 21.28% from 2022 to 2030
Asia Pacific Market Share 45% in 2022
Constant Current Segment Market Share 59.8% in 2022
Base Year 2022
Forecast Period 2022 to 2030

Also read: 5G In Healthcare Market Size to Worth US$ 459.71 Billion by 2030

Market Key Players

Company profiles have been included in the report, which include essentials such as product portfolio, key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting market status and predicting the competition level in the LED driver market.

Some of the prominent players in the LED driver market include

  • ACE LEDS
  • Cree LED
  • Signify Holding
  • Maxim Integrated
  • Texas Instruments Incorporated
  • NXP Semiconductors
  • STMicroelectronics
  • Bokedriver
  • MEAN WELL Enterprises Co.
  • Inventronics Inc.

LED Driver Market  Segmentations 

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

By Geography

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

Report Objectives 

  • To define, segment, and project the global market size for LED driver market
  • To understand the structure of the market by identifying its various sub-segments
  • To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To analyse the micro-markets, with respect to individual growth trends, future prospects, and their contributions to the total market
  • To project the size of the market and its submarkets, in terms of value, with respect to global. (along with their respective key countries)
  • To profile key players and comprehensively analyse their core competencies
  • To understand the competitive landscape and identify major growth strategies adopted by players across the globe.
  • To analyse the competitive developments such as expansions & investments, new product launches, mergers & acquisitions, joint ventures, and agreements 

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

Why should you invest in this report?

If you are aiming to enter the global LED driver market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for LED driver are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

View all posts by Prathamesh →

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