Press release
Global LED Driver Market Size & Trends
Global LED Driver Market Size & Trends
The growth of the global LED driver market is driven by energy-efficient characteristics of LED technology, government policies supporting energy-saving solutions, decreasing LED expenses, ongoing technological progress, rapid urbanization, rising demand for LED-backlit devices, adaptable lighting choices, and the transition towards smart lighting solutions for improved control and efficiency.
Browse 147 Market Data Tables and 115 Figures spread through 163 Pages and in-depth TOC on "Global LED Driver Market - Forecast to 2028'' https://www.globalmarketestimates.com/market-report/led-driver-market-4124
By Component (Driver IC, Discrete Component, and Others), By Luminaire Type (Decorative Lamps, Reflectors, Type A Lamp, and Others), By Supply Type (Constant Current and Constant Voltage), By Application (Automotive, Consumer Electronics, Lighting, and Outdoor Display), and By Region (North America, Asia Pacific, Central and South America, Europe, and Middle East and Africa), Competitive Landscape, Company Market Share Analysis, and Competitor Analysis
Key Market Insights
• As per the component outlook, the driver IC segment is expected to be the largest segment in the global LED driver market from 2023 to 2028
• As per the luminaire type outlook, type A lamp segment is expected to be the largest segment in the global LED driver market from 2023 to 2028
• Asia Pacific is analyzed to be the fastest-growing region in the market.
• North America is estimated to hold largest share in the market during the forecast period from 2023-2028
• ACE LEDS, Microchip Technology, Inc., Cree LED, GE Current, a Daintree Company, Signify Holdings, Semiconductor Components Industries, LLC, Lutron Electronics Co., Ltd., Macroblock, Inc., Maxim Integrated, and NXP Semiconductors, among others, are some of the key players operating in the global LED driver market.
Component Outlook (Revenue, USD Billion, 2023-2028)
• Driver IC
• Discrete Component
• Others
Luminaire Outlook (Revenue, USD Billion, 2023-2028)
• Decorative Lamps
• Reflectors
• Type A Lamp
• Others
Supply Type Outlook (Revenue, USD Billion, 2023-2028)
• Constant Current
• Constant Current
Supply Type Outlook (Revenue, USD Billion, 2023-2028)
• Automotive
• Consumer electronics
• Lighting
• Outdoor Display
By Regional Outlook (Revenue, USD Billion, 2023-2028)
North America
• U.S.
• Canada
• Mexico
Europe
• Germany
• U.K.
• France
• Spain
• Italy
• Netherlands
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Thailand
• Indonesia
• Malaysia
• Singapore
• Vietnam
• Rest of APAC
Central and South America
• Brazil
• Argentina
• Chile
• Rest of CSA
Middle East and Africa
• Saudi Arabia
• UAE
• Israel
• South Africa
• Rest of MEA
Contact: Yash Jain
Director- Global Accounts & Strategic Advisory
Email address: yash.jain@globalmarketestimates.com
Phone Number: +1 6026667238
Website: www.globalmarketestimates.com
B-502, Kemp Plaza, Mindspace, Malad West, Mumbai: 400 064, India
Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.
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