Market Overview:
The global LED drive power 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 awareness about the benefits of LED lights, and growing demand for smart lighting solutions. The global LED drive power market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into external power supply and built-in power supply. External power supply held a larger share of the global LED drive power market in 2017 owing to its ability to provide high wattage output as compared to built-in power supplies. However, with advancements in technology and miniaturization of components, built-inpower supplies are expectedto gain traction overthe next few years.
Product Definition:
LED Drive Power is the power supplied to an LED to create light. The amount of light emitted by an LED depends on the drive current, which is determined by the voltage and resistance.
External Power Supply:
An external power supply is a device that provides electric power to another device or system. In the case of LED drive power, an external power supply is used to provide +12V DC electric current for lighting & display systems and other electronic devices.
External Power Supply (PSU) has been gaining importance in the global market due to its ability to deliver high voltage with greater efficiency at reduced costs.
Built-In Power Supply:
A built-in power supply is a device that provides extra power to the LED drive systems. It helps in overcoming low efficiency and reliability issues. A typical scenario where this product comes into picture, is when an external power source such as a wall socket is not strong enough to provide sufficient voltage for the LED lightings.
Application Insights:
The commercial segment held the largest share of over 70.0% in 2017. The growth can be attributed to the growing adoption of LED lightings for advertising and promotional activities at various places, such as shopping malls, railway stations, airports and seaports etc. Furthermore, several cities have started replacing old streetlights with LEDs owing to their lower operational cost and energy consumption. This is likely to expand the application scope further during the forecast period.
Household application is projected to grow at a CAGR of XX% from 2018 to 2030 owing to rising awareness about energy-efficient products among consumers across regions coupled with government initiatives promoting LED lighting solutions for home applications such as tax rebates offered on installing solar-powered LEDs or fluorescent bulbs etc.
Regional Analysis:
The Asia Pacific regional led drive power market is expected to witness significant growth over the forecast period owing to increasing adoption of LED lighting in commercial and residential applications. The growing demand for energy-efficient lighting solutions, along with rising government initiatives, has resulted in increased sales of led lights across this region. Moreover, growing infrastructure development activities are likely to boost the product demand across this region.
The North America regional market accounted for a share of more than 25% in 2017 and is estimated to grow at a CAGR exceeding 10% from 2018 to 2030 due its early adoption of technology coupled with high disposable income levels among consumers and businesses alike. Furthermore, stringent regulatory policies regarding carbon emission reduction are projected favorably impact industry growth over the coming years.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Rising awareness about the benefits of LED lighting
- Technological advancements in LED drive power systems
- Growing demand for smart and connected lighting systems
- Proliferation of Internet of Things (IoT)
Scope Of The Report
Report Attributes
Report Details
Report Title
LED Drive Power Market Research Report
By Type
External Power Supply, Built-In Power Supply
By Application
Household, Commercial
By Companies
B&B Electronics, Lumex, TDK-Lambda, SL Power, ETA-USA, Delta Electronics, CUI Inc., Mean Well, Cree,Inc., Phihong, Lite-On, Artesyn Embedded Technologies, Cincon, RECOM, BIAS Power, Dialight, Triad Magnetics, JKL Components, Califia, Inspired LED
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global LED Drive Power Market Report Segments:
The global LED Drive Power market is segmented on the basis of:
Types
External Power Supply, Built-In Power Supply
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
Household, Commercial
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:
- B&B Electronics
- Lumex
- TDK-Lambda
- SL Power
- ETA-USA
- Delta Electronics
- CUI Inc.
- Mean Well
- Cree,Inc.
- Phihong
- Lite-On
- Artesyn Embedded Technologies
- Cincon
- RECOM
- BIAS Power
- Dialight
- Triad Magnetics
- JKL Components
- Califia
- Inspired LED
Highlights of The LED Drive Power 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:
- External Power Supply
- Built-In Power Supply
- By Application:
- Household
- Commercial
- 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 LED Drive Power 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?
LED drive power is the amount of power that an LED lightbulb consumes when operating.
Some of the major companies in the led drive power market are B&B Electronics, Lumex, TDK-Lambda, SL Power, ETA-USA, Delta Electronics, CUI Inc., Mean Well, Cree,Inc., Phihong, Lite-On, Artesyn Embedded Technologies, Cincon, RECOM, BIAS Power, Dialight, Triad Magnetics, JKL Components, Califia, Inspired LED.
The led drive power market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. LED Drive Power Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. LED Drive Power Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. LED Drive Power Market - Supply Chain
4.5. Global LED Drive Power Market Forecast
4.5.1. LED Drive Power Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. LED Drive Power Market Size (000 Units) and Y-o-Y Growth
4.5.3. LED Drive Power Market Absolute $ Opportunity
5. Global LED Drive Power Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. LED Drive Power Market Size and Volume Forecast by Type
5.3.1. External Power Supply
5.3.2. Built-In Power Supply
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global LED Drive Power Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. LED Drive Power Market Size and Volume Forecast by Application
6.3.1. Household
6.3.2. Commercial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global LED Drive Power Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. LED Drive Power Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global LED Drive Power Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. LED Drive Power Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global LED Drive Power Demand Share Forecast, 2019-2026
9. North America LED Drive Power Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America LED Drive Power Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America LED Drive Power Market Size and Volume Forecast by Application
9.4.1. Household
9.4.2. Commercial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America LED Drive Power Market Size and Volume Forecast by Type
9.7.1. External Power Supply
9.7.2. Built-In Power Supply
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America LED Drive Power Demand Share Forecast, 2019-2026
10. Latin America LED Drive Power Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America LED Drive Power Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America LED Drive Power Market Size and Volume Forecast by Application
10.4.1. Household
10.4.2. Commercial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America LED Drive Power Market Size and Volume Forecast by Type
10.7.1. External Power Supply
10.7.2. Built-In Power Supply
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America LED Drive Power Demand Share Forecast, 2019-2026
11. Europe LED Drive Power Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe LED Drive Power Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe LED Drive Power Market Size and Volume Forecast by Application
11.4.1. Household
11.4.2. Commercial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe LED Drive Power Market Size and Volume Forecast by Type
11.7.1. External Power Supply
11.7.2. Built-In Power Supply
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe LED Drive Power Demand Share, 2019-2026
12. Asia Pacific LED Drive Power Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific LED Drive Power Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific LED Drive Power Market Size and Volume Forecast by Application
12.4.1. Household
12.4.2. Commercial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific LED Drive Power Market Size and Volume Forecast by Type
12.7.1. External Power Supply
12.7.2. Built-In Power Supply
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific LED Drive Power Demand Share, 2019-2026
13. Middle East & Africa LED Drive Power Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa LED Drive Power Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa LED Drive Power Market Size and Volume Forecast by Application
13.4.1. Household
13.4.2. Commercial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa LED Drive Power Market Size and Volume Forecast by Type
13.7.1. External Power Supply
13.7.2. Built-In Power Supply
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa LED Drive Power Demand Share, 2019-2026
14. Competition Landscape
14.1. Global LED Drive Power Market: Market Share Analysis
14.2. LED Drive Power Distributors and Customers
14.3. LED Drive Power Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. B&B Electronics
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Lumex
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. TDK-Lambda
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SL Power
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ETA-USA
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Delta Electronics
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. CUI Inc.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Mean Well
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Cree,Inc.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Phihong
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Lite-On
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Artesyn Embedded Technologies
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Cincon
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. RECOM
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. BIAS Power
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Dialight
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Triad Magnetics
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. JKL Components
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Califia
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Inspired LED
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
