Market Overview:
The global LED lighting electronics 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, growing awareness about the benefits of LED lights, and rising demand from emerging economies. The LED drivers power supplies segment is expected to account for the largest share of the global LED lighting electronics market in 2018. This segment is projected to grow at a CAGR of 7% during the forecast period. The growth in this segment can be attributed to factors such as increasing demand for energy-efficient lighting solutions and growing awareness about the benefits of using LED drivers power supplies.
Product Definition:
An LED is a light-emitting diode. LEDs are used in a wide variety of applications, including traffic signals, automotive lighting, exit signs, architectural lighting and many others.
Led Drivers Power Supplies:
Led drivers power supplies are used to convert the DC voltage of a specific range (5V, 12V, 24V) into the required high-frequency AC voltage for an LED. The Led driver power supply is also known as light engine or lighting chip driver. It’s major application areas include backlighting and general illumination in mobile phones, tablets PCs monitors TVs industrial applications etc.
The global led drivers power supplies market size was valued at USD 830 million in 2016.
Led Lighting Development Tools:
Led lighting development tools are used for designing and testing led lightings. It is a software application that helps in simulation, creation, editing and analysis of various types of lights. The tool provides an interactive environment where the designer can create multiple fixtures with different characteristics to test them in real-time.
Application Insights:
The others application segment includes retail, hospitality, entertainment and sports. The industry witnessed tremendous growth in the retail sector on account of increasing consumer spending on luxury goods and appliances. LED lighting has become a must-have product for modernizing the exterior as well as interior of commercial spaces such as shopping malls, office buildings and industrial warehouses.
Equipment application led the market with a share of over 40% in 2017 owing to its wide scope for use in various applications including traffic signals, streetlights, building facades & roofs lights along with other decorative purposes. Growing urbanization along with rising need to improve public infrastructure is expected to drive demand over the forecast period driving this segment further.
Industrial application led the market accounting for more than 30% share of total revenue in 2017 owing to growing adoption across oil & gas industries where it is used extensively across facilities such as pipelines maintenance areas etc.
Regional Analysis:
The Asia Pacific regional market accounted for the largest share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to rising product demand from various end-use industries, such as industrial, commercial, and residential lighting. In addition, increasing adoption of led lighting in countries such as China and Japan is further expected to drive industry expansion over the next eight years.
Led driver power supply segment dominated global LED lighting electronics market owing to growing applications across different end-use industries in developed economies including U.S., Canada, Germany etc.). Moreover; these products are also used for decorative purposes which has increased their demand across Europe region due to rise in disposable income of consumers coupled with increase in tourism activities (tourism lights).
Growth Factors:
- Increasing demand from the automotive sector for LED lighting in order to improve fuel efficiency and safety.
- Rapid technological advancements that are making LEDs more efficient, brighter, and longer lasting.
- Growing popularity of LED lighting among consumers due to its energy-efficiency and long lifespan.
- Regulatory incentives encouraging the use of LEDs in place of traditional light sources such as incandescent bulbs and fluorescent tubes.
Scope Of The Report
Report Attributes
Report Details
Report Title
LED Lighting Electronics Market Research Report
By Type
Led Drivers Power Supplies, Led Lighting Development Tools, Led Lighting Drivers
By Application
Equipment, Industrial, Others
By Companies
Fairchild Semiconductor, Mean Well, Texas Instruments, ON Semiconductor, ROHM Semiconductor, Power Integrations, AMS, 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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global LED Lighting Electronics Market Report Segments:
The global LED Lighting Electronics market is segmented on the basis of:
Types
Led Drivers Power Supplies, Led Lighting Development Tools, Led Lighting Drivers
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
Equipment, Industrial, 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:
- Fairchild Semiconductor
- Mean Well
- Texas Instruments
- ON Semiconductor
- ROHM Semiconductor
- Power Integrations
- AMS
- Diodes Incorporated
Highlights of The LED Lighting Electronics 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:
- Led Drivers Power Supplies
- Led Lighting Development Tools
- Led Lighting Drivers
- By Application:
- Equipment
- Industrial
- 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 LED Lighting Electronics 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 lighting electronics is a type of electronic equipment that uses light emitting diodes (LEDs) as its main light source. LED lights are often more energy-efficient and durable than traditional incandescent or fluorescent lamps, making them a popular choice for many applications.
Some of the major companies in the led lighting electronics market are Fairchild Semiconductor, Mean Well, Texas Instruments, ON Semiconductor, ROHM Semiconductor, Power Integrations, AMS, Diodes Incorporated.
The led lighting electronics market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. LED Lighting Electronics 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 Lighting Electronics Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. LED Lighting Electronics Market - Supply Chain
4.5. Global LED Lighting Electronics Market Forecast
4.5.1. LED Lighting Electronics Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. LED Lighting Electronics Market Size (000 Units) and Y-o-Y Growth
4.5.3. LED Lighting Electronics Market Absolute $ Opportunity
5. Global LED Lighting Electronics 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 Lighting Electronics Market Size and Volume Forecast by Type
5.3.1. Led Drivers Power Supplies
5.3.2. Led Lighting Development Tools
5.3.3. Led Lighting Drivers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global LED Lighting Electronics 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 Lighting Electronics Market Size and Volume Forecast by Application
6.3.1. Equipment
6.3.2. Industrial
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global LED Lighting Electronics 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 Lighting Electronics 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 Lighting Electronics 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 Lighting Electronics 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 Lighting Electronics Demand Share Forecast, 2019-2026
9. North America LED Lighting Electronics 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 Lighting Electronics 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 Lighting Electronics Market Size and Volume Forecast by Application
9.4.1. Equipment
9.4.2. Industrial
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America LED Lighting Electronics Market Size and Volume Forecast by Type
9.7.1. Led Drivers Power Supplies
9.7.2. Led Lighting Development Tools
9.7.3. Led Lighting Drivers
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 Lighting Electronics Demand Share Forecast, 2019-2026
10. Latin America LED Lighting Electronics 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 Lighting Electronics 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 Lighting Electronics Market Size and Volume Forecast by Application
10.4.1. Equipment
10.4.2. Industrial
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America LED Lighting Electronics Market Size and Volume Forecast by Type
10.7.1. Led Drivers Power Supplies
10.7.2. Led Lighting Development Tools
10.7.3. Led Lighting Drivers
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 Lighting Electronics Demand Share Forecast, 2019-2026
11. Europe LED Lighting Electronics 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 Lighting Electronics 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 Lighting Electronics Market Size and Volume Forecast by Application
11.4.1. Equipment
11.4.2. Industrial
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe LED Lighting Electronics Market Size and Volume Forecast by Type
11.7.1. Led Drivers Power Supplies
11.7.2. Led Lighting Development Tools
11.7.3. Led Lighting Drivers
11.8. Basis Point Share (BS) 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 Lighting Electronics Demand Share, 2019-2026
12. Asia Pacific LED Lighting Electronics 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 Lighting Electronics 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 Lighting Electronics Market Size and Volume Forecast by Application
12.4.1. Equipment
12.4.2. Industrial
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific LED Lighting Electronics Market Size and Volume Forecast by Type
12.7.1. Led Drivers Power Supplies
12.7.2. Led Lighting Development Tools
12.7.3. Led Lighting Drivers
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 Lighting Electronics Demand Share, 2019-2026
13. Middle East & Africa LED Lighting Electronics 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 Lighting Electronics 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 Lighting Electronics Market Size and Volume Forecast by Application
13.4.1. Equipment
13.4.2. Industrial
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa LED Lighting Electronics Market Size and Volume Forecast by Type
13.7.1. Led Drivers Power Supplies
13.7.2. Led Lighting Development Tools
13.7.3. Led Lighting Drivers
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 Lighting Electronics Demand Share, 2019-2026
14. Competition Landscape
14.1. Global LED Lighting Electronics Market: Market Share Analysis
14.2. LED Lighting Electronics Distributors and Customers
14.3. LED Lighting Electronics Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Fairchild Semiconductor
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Mean Well
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Texas Instruments
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ON Semiconductor
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ROHM Semiconductor
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Power Integrations
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. AMS
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Diodes Incorporated
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook