Market Overview:
The global automotive LED driver ICs market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy-efficient and low-emitting vehicles, rising awareness about vehicle safety, and growing demand for luxury cars. In terms of type, the step-up driver ICs segment is expected to hold the largest share of the global automotive LED driver ICs market in 2018. This can be attributed to their ability to convert a lower input voltage into a higher output voltage, which makes them suitable for driving high-power LEDs. In terms of application, commercial vehicles are expected to hold the largest share of the global automotive LED driver ICs market in 2018.
Product Definition:
An automotive LED driver IC is a chip that controls current to light-emitting diodes (LEDs) in automotive applications. It is important because it allows LEDs to be used for headlights, turn signals, brake lights, and other functions in cars.
Step-up Driver ICs:
The Step-up Driver ICs are used to convert the input 5V DC power supply to a higher voltage output. The most commonly used step-up driver IC is the Universal Step-Up (USC) which can deliver up to 18VDC at 1000mA. It's major applications are in electric vehicles and portable medical equipment that uses battery packs for operation.
Step-down Driver ICs:
The Step-down Driver ICs are used in automotive LED driver ICs to convert the high voltage DC supply from the battery to a low voltage for driving LEDs. The absence of a strong power source, such as an AC outlet, in most automobiles has led to the adoption of step-down driver circuits.
Adoption of LED lighting has reduced energy consumption and CO2 emissions by up to 90% compared with conventional lamps.
Application Insights:
The commercial vehicle segment led the market and accounted for more than 60.0% share of the global revenue in 2017. The growth can be attributed to increasing demand for LED headlights in various commercial vehicles, such as trucks, buses, coaches and lorries among others. In addition, growing emphasis on energy efficiency by manufacturers is expected to drive demand from this segment over the forecast period.
Passenger vehicle application is projected to witness significant growth over the forecast period owing to increased adoption of LED headlights in passenger cars and light-duty vehicles among other applications including bicycles and scooters among others. In addition, stringent regulations regarding road safety are expected to boost product demand from this application segment over the next eight years or so ¢â‚¬Ëœ till 2030 ¢â‚¬â€œ especially across European countries like Germany, France Italy Spain etc., where there are a number of government initiatives promoting road safety through education programs etc.
Regional Analysis:
Asia Pacific region is anticipated to witness the highest CAGR of XX% during the forecast period. The regional growth can be attributed to increasing demand for vehicles in countries, such as China and India. In 2016, passenger cars accounted for a share of nearly 50% in China and commercial vehicles accounted for a share of nearly 24% in that country. Furthermore, Asia Pacific has been witnessing an increase in disposable income along with rapid urbanization which is expected to positively impact vehicle sales over the next eight years.
The European market was valued at USD X million in 2017 and is projected to grow significantly over the forecast period owing to stringent government regulations regarding fuel economy along with rising consumer awareness about environment-friendly automotive technologies such as LED lighting system on high performance automobiles. Moreover, growing R&D activities by key industry players are likely boost product demand across this region during the estimated time frame 8 .
In North America market LEDs are used on both headlights.
Growth Factors:
- Increasing demand for LED lighting in automotive applications
- Rising popularity of LED headlights
- Growing demand for energy-efficient and eco-friendly automotive lighting solutions
- Proliferation of advanced driver assistance systems (ADAS) in automobiles
- Increasing adoption of semiconductor technologies in automotive lighting
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive LED Driver ICs Market Research Report
By Type
Step-up Driver ICs, Step-down Driver ICs
By Application
Commercial Vehicle, Passenger Vehicle
By Companies
NXP Semiconductors, TI, Infineon Technologies, STMicroelectronics, Toshiba, Melexis, Analog Devices, ROHM Semiconductor, Macroblock
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Automotive LED Driver ICs Market Report Segments:
The global Automotive LED Driver ICs market is segmented on the basis of:
Types
Step-up Driver ICs, Step-down Driver ICs
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Vehicle, Passenger Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- NXP Semiconductors
- TI
- Infineon Technologies
- STMicroelectronics
- Toshiba
- Melexis
- Analog Devices
- ROHM Semiconductor
- Macroblock
Highlights of The Automotive LED Driver ICs Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Step-up Driver ICs
- Step-down Driver ICs
- By Application:
- Commercial Vehicle
- Passenger Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive LED Driver ICs Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive LED Driver ICs are designed to drive high-power LEDs in a variety of automotive applications. These ICs provide stable and consistent illumination, even under heavy load, making them ideal for use in headlights, taillights, and other lighting fixtures.
Some of the key players operating in the automotive led driver ics market are NXP Semiconductors, TI, Infineon Technologies, STMicroelectronics, Toshiba, Melexis, Analog Devices, ROHM Semiconductor, Macroblock.
The automotive led driver ics market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive LED Driver ICs Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive LED Driver ICs Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive LED Driver ICs Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive LED Driver ICs Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive LED Driver ICs Market Size & Forecast, 2020-2028
4.5.1 Automotive LED Driver ICs Market Size and Y-o-Y Growth
4.5.2 Automotive LED Driver ICs Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Step-up Driver ICs
5.2.2 Step-down Driver ICs
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial Vehicle
6.2.2 Passenger Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive LED Driver ICs Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive LED Driver ICs Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Step-up Driver ICs
9.6.2 Step-down Driver ICs
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial Vehicle
9.10.2 Passenger Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Step-up Driver ICs
10.6.2 Step-down Driver ICs
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial Vehicle
10.10.2 Passenger Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Step-up Driver ICs
11.6.2 Step-down Driver ICs
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial Vehicle
11.10.2 Passenger Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Step-up Driver ICs
12.6.2 Step-down Driver ICs
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial Vehicle
12.10.2 Passenger Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Step-up Driver ICs
13.6.2 Step-down Driver ICs
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial Vehicle
13.10.2 Passenger Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive LED Driver ICs Market: Competitive Dashboard
14.2 Global Automotive LED Driver ICs Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 NXP Semiconductors
14.3.2 TI
14.3.3 Infineon Technologies
14.3.4 STMicroelectronics
14.3.5 Toshiba
14.3.6 Melexis
14.3.7 Analog Devices
14.3.8 ROHM Semiconductor
14.3.9 Macroblock
