LED Lighting Driver Chip Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports

LED Lighting Driver Chip Market

LED Lighting Driver Chip is an integrated circuit that converts the power supply into specific voltage and current to drive the led to emit light or the LED module to work normally. Different from traditional incandescent lamps, LED lighting products cannot be directly connected to AC voltage due to their material characteristics. Therefore, in the application process, it is necessary to design a driving chip to control and drive it.

The global LED Lighting Driver Chip market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.

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Following a strong growth of 26.2 percent in the year 2021, WSTS revised it down to a single digit growth for the worldwide semiconductor market in 2022 with a total size of US$580 billion, up 4.4 percent. WSTS lowered growth estimation as inflation rises and end markets seeing weaker demand, especially those exposed to consumer spending. While some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.8 percent, Sensors with 16.3 percent, and Logic with 14.5 percent growth. Memory declined with 12.6 percent year over year. In 2022, all geographical regions showed double-digit growth except Asia Pacific. The largest region, Asia Pacific, declined 2.0 percent. Sales in the Americas were US$142.1 billion, up 17.0% year-on-year, sales in Europe were US$53.8 billion, up 12.6% year-on-year, and sales in Japan were US$48.1 billion, up 10.0% year-on-year. However, sales in the largest Asia-Pacific region were US$336.2 billion, down 2.0% year-on-year.

This report aims to provide a comprehensive presentation of the global market for LED Lighting Driver Chip, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding LED Lighting Driver Chip.

The LED Lighting Driver Chip market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global LED Lighting Driver Chip market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the LED Lighting Driver Chip manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

By Type
• Step-up LED Lighting Driver Chip
• Step-down LED Lighting Driver Chip
• Multi-topology LED Lighting Driver Chip

By Application
• Automotive
• Industrial
• Consumer Electronic Equipment

Key Companies
Renesas Electronics, Monolithic Power Systems, Integrated Silicon Solution Inc.(Lumissil Microsystems), Onsemi, Analog Devices(Maxim Integrated), Texas Instruments, Diodes Incorporated, Microchip Technology Incorporated, Kinetic Technologies, Power Integrations, Allegro MicroSystems, JSMicro Semiconductor, Cree LED, Nexperia, NXP Semiconductors, Elmos Semiconductor, Infineon(Cypress Semiconductor), STMicroelectronics, Toshiba, Torex Semiconductor, Panasonic Industry, ROHM, Silergy, Hangzhou Silan Microelectronics Co., Ltd., Richtek Technology, Chipown Micro-electronics Limited, Bright Power Semiconductor, Shenzhen Sunmoon Microelectronics CO.,LTD., ShenZhen Fine Made Electronics Group Co.,Ltd., Shaanxi Reactor

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