LED Driver Market - Top Companies and Manufacturers

Companies Dominating the LED Driver Landscape

Inventronics Inc.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis

Signify Netherlands B.V.
Smart Global Holdings, Inc.
Microchip Technology Inc.
Lutron Electronics Co., Ltd
Samsung Electronics Co., Ltd.
Macroblock, Inc
NXP Semiconductors N.V.
Semiconductor Components Industries, LLC
ams OSRAM
Rohm Co., Ltd.

Browse Key Market Insights with Data Illustration:

LED Driver Market Size & Share, Growth Analysis 2023-2035

In the News

Inventronics Inc. released a new series of high-power, 680W LED drivers suitable for horticulture, high mast, and stadium lighting applications. ESM-680SxxxMx drivers deliver design versatility with programmability, Controls-Ready features, and industry-leading built-in protection.
Smart Global Holdings, Inc., acquired Cree, Inc.’s Cree LED Products business unit.
Signify Netherlands B.V. the world leader in lighting, upgraded its portfolio of compact Philips Xitanium Sensor Ready Xtreme LED drivers for outdoor applications with the recently granted D4i certification. The D4i certification program is designed to deliver standardization in the market, drive wider adoption of IoT connectivity in lighting and aid smart city or building projects.

Frequently Asked Questions (FAQ)

The increasing elimination of fluorescent lighting and the growing adoption of LEDs as the main lighting technology are the major factors driving the growth of the LED driver market.

The market size of LED drivers is anticipated to attain a CAGR of ~20% over the forecast period, i.e., 2023 â€“ 2035.

The major players in the market are Inventronics Inc., Signify Netherlands B.V., Smart Global Holdings, Inc., Microchip Technology Inc., and Lutron Electronics Co.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by driver type, luminaire type, component, control feature, application, end-user, and by region.

The constant current segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The possibility of premature failures of LED drivers owing to high internal operating temperature is estimated to be the growth hindering factor for the market expansion.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

LED Driver Market - Top Companies and Manufacturers

Companies Dominating the LED Driver Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

What are the major factors driving the growth of the LED driver market?

What would be the CAGR of the LED driver market over the forecast period?

Who are the major players dominating the LED driver market?

How are the company profiles selected?

What are the segments in the LED driver market?

Which segment captures the largest market size in the driver type segment in the LED driver market?

What are the challenges affecting the market growth?

Which region will provide more business opportunities for the growth of the LED driver market in the future?