LED Driver Market Size & Share, by Driver Type (Constant Voltage, Constant Current); Luminaire Type (Decorative Lamps, Type A Lamp, Reflectors); Component (Driver IC, Discrete Component); Control Feature (Wired, Wireless); Application (General Lighting, Electronic Devices, Automotive Lighting, Lighting Outdoor Display); End-user (Residential, Commercial, Industrial) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 5039
  • Published Date: Jun 16, 2023
  • Report Format: PDF, PPT

Companies Dominating the LED Driver Landscape

top-features-companies
    • 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:

In-the-news

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.

Author Credits:  Abhishek Verma, Hetal Singh


  • Report ID: 5039
  • Published Date: Jun 16, 2023
  • Report Format: PDF, PPT

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 – 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.
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