Market Overview:
The global IC LED driver market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient lighting solutions, rising demand for automotive applications, and growing adoption of LEDs in fixed telecommunications and mobile telecommunications applications. In addition, the increasing demand for LEDs in computer & office equipment and military & aerospace applications is also contributing to the growth of this market. However, high initial costs associated with LED installations are restraining the growth of this market. On the basis of type, the global IC LED driver market can be segmented into constant current drivers and regulated drivers.
Product Definition:
An IC LED Driver is a device used to regulate and control the power delivered to an LED. This is important because it helps ensure that the LEDs receive a consistent level of power, which helps them operate more efficiently and extend their lifespan.
Constant Current:
Constant current is the current which flows in a constant direction. It is also known as direct current (DC). Constant voltage refers to the voltage which varies within a specific range. The variation in voltage with no change in amperage means that the constant current has been applied to those components for a long time period and it will not damage them easily.
Regulated:
Regulated power supply is used to convert the unregulated DC voltage from the battery into a regulated AC voltage suitable for use in electronic devices. The main function of a regulated power supply is to provide +5V, +12V and -12V as standard voltages that can be utilized by any electronic device.
The IC LED driver market has been witnessing significant growth over the past few years owing to increasing demand for high brightness LEDs.
Application Insights:
The application segment is segregated into five parts, namely lighting, automotive, fixed telecommunications, mobile telecommunications, computer & office equipment and industrial. The lighting segment accounted for the largest market share in 2017 owing to the high demand from general illumination applications such as street lamps and building exterior lights. Furthermore, growing urbanization along with rising concerns over energy conservation are expected to increase LED usage for general illumination purposes in various end-use industries such as outdoor advertising and corporate signage.
The global IC LED driver market by application can be further segregated into two categories; one includes medical & security which includes devices used in hospitals or clinics for patient care or monitoring; these devices use LEDs as light sources due to their high efficiency and low power consumption which makes them ideal solutions when compared with traditional fluorescent lamps.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period owing to rapid developments in countries such as China, Japan, and India. The increasing adoption of LED lighting in industrial applications due to its superior characteristics compared to other light sources is also one of the key factors driving regional growth. Moreover, rising investments by governments for infrastructure development are expected drive demand over the next eight years.
The Asia Pacific market was valued at USD X million in 2017 and is estimated to reach USD X million by 2030 growing at a CAGR of XX% from 2018 to 2030 owing high product demand from various end-use industries such as automotive, computer & office equipment, military & aerospace etc.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Rising awareness about the benefits of LED lighting
- Technological advancements in IC LED Driver technology
- Growing demand from emerging markets
- Stringent government regulations promoting the use of energy-efficient lighting solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
IC LED Driver Market Research Report
By Type
Constant Current, Regulated
By Application
Lighting, Automotive, Fixed Telecommunications, Mobile Telecommunications, Computer & Office Equipment, Military and Aerospace, Industrial, Medical & Security
By Companies
Rohm Semiconductor, NXP Semiconductors, Analog Devices, Wah Hing, AMS, TI Semiconductor, Maxim Integrated, Toshiba, Atmel, STMicroelectronics, Fairchild Semiconductor, Intersil, Diodes Incorporated
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
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global IC LED Driver Market Report Segments:
The global IC LED Driver market is segmented on the basis of:
Types
Constant Current, Regulated
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
Lighting, Automotive, Fixed Telecommunications, Mobile Telecommunications, Computer & Office Equipment, Military and Aerospace, Industrial, Medical & Security
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:
- Rohm Semiconductor
- NXP Semiconductors
- Analog Devices
- Wah Hing
- AMS
- TI Semiconductor
- Maxim Integrated
- Toshiba
- Atmel
- STMicroelectronics
- Fairchild Semiconductor
- Intersil
- Diodes Incorporated
Highlights of The IC LED Driver 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:
- Constant Current
- Regulated
- By Application:
- Lighting
- Automotive
- Fixed Telecommunications
- Mobile Telecommunications
- Computer & Office Equipment
- Military and Aerospace
- Industrial, Medical & Security
- 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 IC LED Driver 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?
IC LED Driver is a chip that controls the brightness of an LED.
Some of the major players in the ic led driver market are Rohm Semiconductor, NXP Semiconductors, Analog Devices, Wah Hing, AMS, TI Semiconductor, Maxim Integrated, Toshiba, Atmel, STMicroelectronics, Fairchild Semiconductor, Intersil, Diodes Incorporated.
The ic led driver market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 IC LED Driver 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 IC LED Driver Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 IC LED Driver 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 IC LED Driver 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 IC LED Driver Market Size & Forecast, 2020-2028
4.5.1 IC LED Driver Market Size and Y-o-Y Growth
4.5.2 IC LED Driver 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 Constant Current
5.2.2 Regulated
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 Lighting
6.2.2 Automotive
6.2.3 Fixed Telecommunications
6.2.4 Mobile Telecommunications
6.2.5 Computer & Office Equipment
6.2.6 Military and Aerospace
6.2.7 Industrial
6.2.8 Medical & Security
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global IC LED Driver 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 IC LED Driver 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 Constant Current
9.6.2 Regulated
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 Lighting
9.10.2 Automotive
9.10.3 Fixed Telecommunications
9.10.4 Mobile Telecommunications
9.10.5 Computer & Office Equipment
9.10.6 Military and Aerospace
9.10.7 Industrial
9.10.8 Medical & Security
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 Constant Current
10.6.2 Regulated
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 Lighting
10.10.2 Automotive
10.10.3 Fixed Telecommunications
10.10.4 Mobile Telecommunications
10.10.5 Computer & Office Equipment
10.10.6 Military and Aerospace
10.10.7 Industrial
10.10.8 Medical & Security
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 Constant Current
11.6.2 Regulated
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 Lighting
11.10.2 Automotive
11.10.3 Fixed Telecommunications
11.10.4 Mobile Telecommunications
11.10.5 Computer & Office Equipment
11.10.6 Military and Aerospace
11.10.7 Industrial
11.10.8 Medical & Security
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 Constant Current
12.6.2 Regulated
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 Lighting
12.10.2 Automotive
12.10.3 Fixed Telecommunications
12.10.4 Mobile Telecommunications
12.10.5 Computer & Office Equipment
12.10.6 Military and Aerospace
12.10.7 Industrial
12.10.8 Medical & Security
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 Constant Current
13.6.2 Regulated
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 Lighting
13.10.2 Automotive
13.10.3 Fixed Telecommunications
13.10.4 Mobile Telecommunications
13.10.5 Computer & Office Equipment
13.10.6 Military and Aerospace
13.10.7 Industrial
13.10.8 Medical & Security
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 IC LED Driver Market: Competitive Dashboard
14.2 Global IC LED Driver Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Rohm Semiconductor
14.3.2 NXP Semiconductors
14.3.3 Analog Devices
14.3.4 Wah Hing
14.3.5 AMS
14.3.6 TI Semiconductor
14.3.7 Maxim Integrated
14.3.8 Toshiba
14.3.9 Atmel
14.3.10 STMicroelectronics
14.3.11 Fairchild Semiconductor
14.3.12 Intersil
14.3.13 Diodes Incorporated
