Press release
LED Drivers Market Growth, Trends and Value Chain 2018-2028
The basic functionality of an LED is to emit light when an electric current is passed through its semiconductor material. However, there can be damages to LED lights due to the type of current passed through them. LED drivers were introduced for this purpose. LED drivers prevent the damage to LEDs by regulating the forward voltage of the LED that changes with temperature, thus avoiding thermal runaway while delivering a constant current to the LED. LED drivers also help compliment the energy star rating that leads to energy conservation. LED drivers provide better longevity, reliability and efficiency to LED lights.
LED Drivers Market: Drivers and Challenges
One of the drivers for the LED drivers market is the penetration of LED lights all over the world, which require the usage of LED drivers for efficient lighting. Increase in the usage of LED lightings at locations, such as amusement parks, stadiums and other locations, has increased in the recent times, which is increasing the demand for the LED drivers as these applications require efficient lighting. Another driver for the LED drivers market is the penetration of smartphones worldwide. The LED flash, which is now a mandatory hardware for mobile phone, requires the usage of an LED driver, and this is driving the LED drivers market. Some of the other factors driving the LED drivers market are the easy availability of LED drivers due to the presence of several players in each region, the energy efficiency of LED lights as well as the ability of LED drivers to save electricity cost & consumption.
However, some of the developing regions in the world still use traditional incandescent lamps, CFLs and the like owing to the high cost of LEDs as compared to these traditional forms of lighting. This is likely to restrain the LED drivers market in these regions because since LEDs are not being purchased in these locations, there will be no demand for LED drivers.
Get Experts' Insights For FREE:https://www.factmr.com/connectus/sample?flag=S&rep_id=1270
LED Drivers Market: Segmentation
The LED drivers market can be segmented on the basis of supply type, luminaire type, application and region.
On the basis of supply type, the LED drivers market can be segmented into:
Constant Current
Constant Voltage
On the basis of luminaire type, the LED drivers market can be segmented into:
Type A Lamp
Decorative Lamp
T Lamps
Reflectors
Others
On the basis of application, the LED drivers market can be segmented into:
Industrial/outdoor lighting
Commercial lighting
Residential lighting
Cellphone camera flash
Automotive interior or tail lights
Garden lighting
Portable flashlight / torch
Signage
Elevator lighting
LCD backlighting
LED Drivers Market: Key Players
Some of the key players of LED Drivers market are Texas Instruments Incorporated; Toshiba Electronic Devices & Storage Corporation; STMicroelectronics N.V.; ON Semiconductor; General Electric Company; Cree, Inc.; NXP Semiconductor N.V.; AC Electronics; Atmel Corporation; Harvard Technology Ltd.; Koninklijke Philips N.V.; Lutron Electronics Co.; Macroblock Inc.; Maxim Integrated Products, Inc.; Osram GmbH; Skyworks Solutions; ROHM Semiconductors; Micrel Semiconductor; Zetex and others.
LED Drivers Market: Regional Overview
On the basis of geography, LED drivers market can be segmented into North America, Latin America, Europe, CIS & Russia, Asia Pacific excluding Japan, Japan, and Middle East & Africa. Among various regions, Greater China and India are seen to be the largest markets and Japan is seen to be an emerging market due to the increasing penetration of LED lighting in the automotive and building & construction industries. The production and usage of LED lighting in Greater China is the highest, and the urbanization of infrastructure is expected to propel the demand for lighting products in Greater China. The MEA region is witnessing a lot of movement for the LED drivers market with Qatar and UAE hosting events such as the World Cup and Expo 2020 in Dubai. In terms of value, the North America region is expected to dominate the LED drivers market during the forecast period followed by China and Asia Pacific excluding Japan, and Greater China, U.S. and India, among others are likely to be significant countries in the LED market.
Get Brochure of this Report at https://www.factmr.com/connectus/sample?flag=B&rep_id=1270
The report covers exhaustive analysis on:
LED Drivers Market Segments
LED Drivers Market Dynamics
Historical Actual Market Size, 2012 - 2016
LED Drivers Market Size & Forecast 2017 To 2027
Supply & Demand Value Chain
LED Drivers Market Current Trends/Issues/Challenges
Competition & Companies involved
LED Drivers Market Value Chain
LED Drivers Market Drivers and Restraints
Regional analysis for LED Drivers Market includes
North America
US
Canada
Latin America
Brazil
Mexico
Argentina
Chile
Peru
Rest of LatAm
Europe
EU – 4 (Germany, France, Italy, Spain)
UK
BENELUX (Belgium, Netherlands, Luxemburg)
NORDIC (Norway, Denmark, Iceland, Sweden)
Eastern Europe (Poland, Ukraine, Czech Rep. etc.)
Rest of Europe
CIS & Russia
Japan
APEJ
Greater China
India
Korea
ASEAN Countries
Rest of APEJ
Middle East & Africa
GCC Countries
Turkey
Iran
Israel
South Africa
Rest of MEA
The report is a compilation of first-hand information, qualitative, and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
Detailed overview of parent market
Changing market dynamics of the industry
In-depth market segmentation
Historical, current and projected market size in terms of value
Recent industry trends and developments
Competitive landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
Must-have information for market players to sustain and enhance their market footprint
Report Overview at https://www.factmr.com/report/1270/led-drivers-market
About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: www.factmr.com/
Follow Us on Linkedin: www.linkedin.com/company/factmr/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release LED Drivers Market Growth, Trends and Value Chain 2018-2028 here
News-ID: 1398243 • Views: …
More Releases from Fact.MR
Intelligent Transport System Market is Evaluatedto Reach USD 63.77 Billion by 20 …
Fact.MR today released its latest report on the Intelligent Transport System (ITS) Market, projecting robust growth driven by increasing urbanization, rising demand for efficient traffic management, and advancements in smart mobility technologies. Valued at USD 30.66 billion in 2024, the global market is forecasted to expand at a compound annual growth rate (CAGR) of 7.6%, reaching USD 63.77 billion by 2034. This significant growth underscores the critical role of ITS…
Digital Door Lock System Market is Growing at a CAGR of 16% by 2034 | Key Player …
Digital Door Lock System Market is valued at USD 11 billion in 2024 and is projected to expand at a compound annual growth rate (CAGR) of 16%, reaching USD 48.7 billion by 2034. This remarkable growth is driven by the increasing popularity of smart homes, which integrate advanced security features for enhanced convenience and protection. Digital door lock systems, utilizing technologies like biometrics and wireless connectivity, offer keyless entry, remote…
Electronic Access Control Systems Market is Estmated to Reach USD 32.5 Billion b …
The global electronic access control systems market is valued at USD 14.64 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 8.3%, reaching USD 32.5 billion by 2033. This growth is driven by the increasing need for advanced security solutions amid rising threats of terrorism, break-ins, and data breaches. Electronic access control systems, encompassing biometrics, card-based, keypad, intruder alarm, and perimeter security technologies,…
Neurology Devices Market is Estimated to Reach USD 22,335.5 Million by 2035 | Fa …
Neurology Devices Market was valued at USD 10,944.3 million in 2024 and is forecasted to expand at a CAGR of 6.7%, reaching USD 22,335.5 million by 2035. This growth reflects the increasing demand for advanced diagnostic and therapeutic tools to address neurological disorders, including Alzheimer's disease, Parkinson's disease, major depression, epilepsy, spinal cord injury, and traumatic brain injury. Neurology devices play a crucial role in diagnosing, preventing, and treating these…
More Releases for LED
HSC LED Successfully Delivers Taxi LED Displays to Moldova
HSC LED [https://www.hscled.com/] is pleased to announce the successful completion of a major project involving the delivery of taxi LED displays to Moldova. This achievement underscores our dedication to providing high-quality, innovative LED display solutions to global markets.
Image: https://www.abnewswire.com/upload/2025/03/c632e02b61fa3f45fb036d4012a026b5.jpg
This project involved the production and deployment of state-of-the-art taxi top LED displays, designed for high visibility, durability, and intelligent operation. Equipped with high brightness levels, waterproof protection, and efficient heat dissipation,…
Enhancing LED Lighting: What is a reflective LED light?
Nowadays, LED lights [https://www.cnblight.com/products/] have become the mainstream of lighting. There is an interesting question, why do LED lights in homes nowadays, whether they are desk lamps, pendant lamps, ceiling lamps, etc., often need to add a lamp shell? You should know that LED lights emit solid light, unlike traditional lamps such as incandescent lamps and fluorescent lamps, which require a lamp shell on the outside.
There are many reasons that…
Global Backlight LED Market| Global Backlight LED Industry | Backlight LED Marke …
The backlight LED market comprises of sales of Backlight LED & related services. LED backlight is a flat panel display that uses LED backlighting instead of cold cathode fluorescent (CCFL) backlighting. LED backlight displays also use thin-film-transistor liquid-crystal display (TFT LCD) technologies that offer better contrast and brightness, reduced energy consumption, greater color range more quick response to changes in the scene, and photorefractive effects. These displays are small chips…
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation li …
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation like Lamp-LED, Side-LED, TOP-LED, High-Power LED, SMD-LED, and Flip-Chip LED & more
The LED market is one of the quickly growing segments as they are replacing the traditional lighting equipment like bulbs due to their high efficiency and power saving capability. The LED packaging industry is also growing with innovations along with the LED industry as new technologies are being included…
Global LED Driver (LED Lighting Driver) Market Research Report
This report studies the global LED Driver (LED Lighting Driver) market status and forecast, categorizes the global LED Driver (LED Lighting Driver) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions.
Get sample copy of the report:
https://www.marketdensity.com/contact?ref=Sample&reportid=68754
Table of Contents:
Table of Contents
Global LED Driver (LED Lighting Driver) Market Research Report…
LED Driver And Chipset Market - Tax Exemptions For LED Technology Encourage Use …
Transparency Market Research, in a report titled “LED Driver and Chipset Market - Global Industry Analysis, Trend, Size, Share and Forecast 2015 - 2021,” states that the global LED driver and chipset market is projected to expand at a remarkable CAGR of 23.20% during the forecast period. The report states that the outstanding growth of the overall LED market in recent times will push the value of the LED driver…
