Market Overview:
The global low voltage DC-DC LED drivers market is expected to grow at a CAGR of 7.5% 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 awareness about the benefits of LED lighting, and growing demand for consumer electronics products. The buck type low voltage DC-DC LED drivers segment is expected to account for the largest share of the global market in 2018. This segment is projected to grow at a CAGR of 7.8% during the forecast period from 2018 to 2030.
Product Definition:
Low Voltage DC-DC LED Drivers are devices that convert a low voltage DC input into a higher voltage DC output that is suitable for powering LEDs. They are important because they allow LEDs to be powered from batteries or other low voltage sources, which can be more efficient than using AC power.
Buck:
Buck is the unit of power consumption in a DC-DC LED driver. It is used to measure the power efficiency of such drivers. The higher the buck, the more efficient and economical will be its usage for a particular application at lower voltage levels.
The growth factor can be defined as “the ratio between output current.
Boost:
The boost is a circuit that increases the voltage of an output to a specific level above the nominal (or standard) voltage. The boost can be used in various applications such as DC-DC LED drivers, power supplies, and electric vehicles. It helps in increasing the power efficiency by reducing losses due to excessive current fluctuations caused due to variations in input voltages.
Application Insights:
LED lighting application segment accounted for the largest market share in 2017 and is projected to continue its dominance over the forecast period. The growth of this segment can be attributed to increasing demand for energy-efficient lighting solutions across various applications, such as streetlights, building exterior & interior lights, industrial LED lamps and others.
The consumer electronics application segment is expected to witness significant growth over the forecast period owing to rising demand from end-use industries including smartphones & tablets, wearable devices and home appliances. End-use industries are increasingly adopting low voltage DC-DC converters due to growing power requirements from electronic products which are traditionally served by AC adaptors or batteries. Growing adoption of LED light sources in endoscopic surgeries has also propelled product demand in this sector.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing government initiatives for energy conservation and sustainable development, which has resulted in high demand for LED lighting across various industries. Moreover, rising disposable income levels are anticipated to fuel product adoption across end-use markets such as consumer electronics and industrial applications.
The European region accounted for a significant revenue share in 2017 owing to stringent regulations regarding carbon emissions from electric vehicles coupled with growing investments by key players in this industry. Furthermore, technological advancements related to DC-DC efficiency boost are also expected drive regional growth over the next eight years. ‰â€˜‰LED revolutionizes traditional lighting systems; it offers long lifetime & low power consumption at same time; therefore it will reduce electricity bill of buildings by more than 80%.' This factor is anticipated propel demand over the coming years.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Growing popularity of LED lighting
- Rising demand from the automotive sector
- Proliferation of Internet of Things (IoT) and smart cities initiatives
- Stringent government regulations mandating energy-efficiency in lighting
Scope Of The Report
Report Attributes
Report Details
Report Title
Low Voltage DC-DC LED Drivers Market Research Report
By Type
Buck, Boost, Multi-channel, Others
By Application
LED Lighting, Consumer Electronics, Others
By Companies
Texas Instruments, Analog Devices, Diodes Incorporated, STMicroelectronics, Monolithic power systems, MEAN WELL, Infineon, ON Semiconductor, Richtek, ISSI, Fitipower, XP Power, LUXdrive
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
136
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Low Voltage DC-DC LED Drivers Market Report Segments:
The global Low Voltage DC-DC LED Drivers market is segmented on the basis of:
Types
Buck, Boost, Multi-channel, Others
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
LED Lighting, Consumer Electronics, Others
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:
- Texas Instruments
- Analog Devices
- Diodes Incorporated
- STMicroelectronics
- Monolithic power systems
- MEAN WELL
- Infineon
- ON Semiconductor
- Richtek
- ISSI
- Fitipower
- XP Power
- LUXdrive
Highlights of The Low Voltage DC-DC LED Drivers 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:
- Buck
- Boost
- Multi-channel
- Others
- By Application:
- LED Lighting
- Consumer Electronics
- Others
- 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 Low Voltage DC-DC LED Drivers 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
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- Product & Brand Management
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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?
Low voltage DC-DC LED drivers are a type of power supply that converts low voltage (3.3V to 12V) into high voltage (up to 100V) for use with LEDs. They are typically used in applications where the maximum output current is not too high, or where the power supply can be integrated into the circuit board.
Some of the key players operating in the low voltage dc-dc led drivers market are Texas Instruments, Analog Devices, Diodes Incorporated, STMicroelectronics, Monolithic power systems, MEAN WELL, Infineon, ON Semiconductor, Richtek, ISSI, Fitipower, XP Power, LUXdrive.
The low voltage dc-dc led drivers market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Low Voltage DC-DC LED Drivers 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 Low Voltage DC-DC LED Drivers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Low Voltage DC-DC LED Drivers 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 Low Voltage DC-DC LED Drivers 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 Low Voltage DC-DC LED Drivers Market Size & Forecast, 2020-2028
4.5.1 Low Voltage DC-DC LED Drivers Market Size and Y-o-Y Growth
4.5.2 Low Voltage DC-DC LED Drivers 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 Buck
5.2.2 Boost
5.2.3 Multi-channel
5.2.4 Others
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 LED Lighting
6.2.2 Consumer Electronics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Low Voltage DC-DC LED Drivers 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 Low Voltage DC-DC LED Drivers 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 Buck
9.6.2 Boost
9.6.3 Multi-channel
9.6.4 Others
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 LED Lighting
9.10.2 Consumer Electronics
9.10.3 Others
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 Buck
10.6.2 Boost
10.6.3 Multi-channel
10.6.4 Others
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 LED Lighting
10.10.2 Consumer Electronics
10.10.3 Others
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 Buck
11.6.2 Boost
11.6.3 Multi-channel
11.6.4 Others
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 LED Lighting
11.10.2 Consumer Electronics
11.10.3 Others
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 Buck
12.6.2 Boost
12.6.3 Multi-channel
12.6.4 Others
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 LED Lighting
12.10.2 Consumer Electronics
12.10.3 Others
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 Buck
13.6.2 Boost
13.6.3 Multi-channel
13.6.4 Others
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 LED Lighting
13.10.2 Consumer Electronics
13.10.3 Others
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 Low Voltage DC-DC LED Drivers Market: Competitive Dashboard
14.2 Global Low Voltage DC-DC LED Drivers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Texas Instruments
14.3.2 Analog Devices
14.3.3 Diodes Incorporated
14.3.4 STMicroelectronics
14.3.5 Monolithic power systems
14.3.6 MEAN WELL
14.3.7 Infineon
14.3.8 ON Semiconductor
14.3.9 Richtek
14.3.10 ISSI
14.3.11 Fitipower
14.3.12 XP Power
14.3.13 LUXdrive
