Press release
Light Emitting Diode (LED) Driver Integrated Circuit (IC) Market Growth Accelerates: Strategic Forecast Predicts $8.84 Billion by 2029
Light Emitting Diode (LED) Driver Integrated Circuit (IC) Market
Light Emitting Diode (LED) Driver Integrated Circuit (IC) Market Size Growth Forecast: What to Expect by 2025?
The market size for the LED driver integrated circuit (IC) has seen significant growth lately. The market, forecasted to expand from $4.51 billion in 2024 to a noteworthy $5.18 billion in 2025, is set to experience a compound annual growth rate (CAGR) of 14.7%. Multiple factors have propelled this growth during the historic period such as a surge in demand for energy-efficient lighting solutions, the escalated incorporation of intelligent lighting systems, the impact of increasing government regulations and policies, heightened awareness on minimizing carbon footprint and environmental impact, and the escalating demand for flexible and personalised LED lighting solutions.
How Will the Light Emitting Diode (LED) Driver Integrated Circuit (IC) Market Size Evolve and Grow by 2029?
The market of light-emitting diode (LED) driver integrated circuit (IC) is projected to experience rapid expansion in the coming years, with a valuation of $8.84 billion and a compound annual growth rate (CAGR) of 14.3% by 2029. This projected growth during the forecast period can be associated with the increasing trend towards dimmable and color-tunable lighting solutions, a surge in construction activities, escalating development in urban infrastructure, rising adoption of electric vehicles, and an increase in the use of color liquid crystal displays. Some significant trends foreseen within the forecast period encompass enhancements in LED driver IC designs, progress in miniaturization and integration of multi-functional features, integration of intelligent control technologies, and creating compact driver integrated circuits.
View the full report here:
https://www.thebusinessresearchcompany.com/report/light-emitting-diode-led-driver-integrated-circuit-ic-global-market-report
What Drivers Are Propelling the Growth of Light Emitting Diode (LED) Driver Integrated Circuit (IC) Market Forward?
The expansion of the automotive industry is accelerating the growth of the market because of the increasing demand for advanced and energy-efficient vehicle lighting systems.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=27745&type=smp
What Trends Will Shape the Light Emitting Diode (LED) Driver Integrated Circuit (IC) Market Through 2029 and Beyond?
Top corporations in the LED driver IC market are prioritizing the creation of inventive solutions, such as Automotive LED driver ICs, to boost energy efficiency, improve heat management, and integrate advanced features like adaptive lighting, dimming, and intelligent connectivity in vehicles. The term Automotive LED driver IC pertains to the integrated circuits that regulate power supplied to the LED lighting systems in cars, promising stable performance, energy savings, and sophisticated features like adaptive lighting and dimming. Take for example Suzhou Novosense Microelectronics Co. Ltd., a Chinese semiconductor firm, which in June 2024 introduced the NSL21916/24, an advanced 16/24-channel Automotive LED driver IC for contemporary vehicle lighting systems. This sophisticated, automotive-grade gadget can accommodate up to 16 or 24 LED channels with adaptable current control and advanced dimming variants that include PWM and phase shift dimming. Additionally, it touts programmable configurations via built-in EEPROM, UART and CAN communication interfaces, and resilient diagnostics such as LED fault detection and thermal management.
What Are the Key Segments in the Light Emitting Diode (LED) Driver Integrated Circuit (IC) Market?
The light emitting diode (LED) driver integrated circuit (IC) market covered in this report is segmented
1) By Product Type: Buck-Boost, Current Sink, Inductorless, Step-Down (Buck), Step-Up (Boost), Multi-Topology, Other Product Types
2) By Supply Voltage: Low Voltage, Medium Voltage, High Voltage
3) By Application: General Lighting, Automotive Lighting, Display Backlighting, Other Applications
4) By End-User: Residential, Commercial, Industrial, Automotive, Other End-Users
Subsegments:
1) By Buck Boost: Constant Voltage, Constant Current, Programmable, Dimmable
2) By Current Sink: Low Voltage, Medium Voltage, High Voltage, Digital Control
3) By Inductorless: Linear Regulator, Capacitor Based Driver, Resistive Driver, Hybrid Driver
4) By Step-Down (Buck): Synchronous, Asynchronous, Wide Input Range, High Efficiency
5) By Step-Up (Boost): Fixed Frequency, Variable Frequency, High Voltage Output, Integrated Switch
6) By Multi Topology: Buck Boost Combination, Sepic Topology, Flyback Topology, Charge Pump
7) By Other Product Types: Matrix Light Emitting Diode (LED) Driver, Red, Green, And Blue (RGB) Light Emitting Diode (LED) Driver, Flash Light Emitting Diode (LED) Driver, Smart Light Emitting Diode (LED) Driver
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=27745&type=smp
Who Are the Key Players Shaping the Light Emitting Diode (LED) Driver Integrated Circuit (IC) Market's Competitive Landscape?
Major companies operating in the light emitting diode (led) driver integrated circuit (ic) market are Toshiba Corporation, Koninklijke Philips N.V., Texas Instruments Inc., Infineon Technologies AG, STMicroelectronics N.V., NXP Semiconductors N.V., Analog Devices Inc., Renesas Electronics Corporation, Seiko Epson Corporation, Microchip Technology Inc., ON Semiconductor Corporation, Skyworks Solutions Inc., ROHM Semiconductor, Littelfuse Inc., Monolithic Power Systems Inc., Diodes Inc., Seoul Semiconductor Co. Ltd., Semtech Corporation, Power Integrations Inc., SG Micro Corp, Macroblock Inc., Fitipower Integrated Technology Inc., and Samsung Electronics Co. Ltd.
What Geographic Markets Are Powering Growth in the Light Emitting Diode (LED) Driver Integrated Circuit (IC) Market?
North America was the largest region in the light emitting diode (LED) driver integrated circuit (IC) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in light-emitting diode (LED) driver integrated circuit (IC) report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=27745
This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Light Emitting Diode (LED) Driver Integrated Circuit (IC) Market Growth Accelerates: Strategic Forecast Predicts $8.84 Billion by 2029 here
News-ID: 4197083 • Views: …
More Releases from The Business Research Company
2025-2034 Low-Cost Carrier Market Outlook: Key Drivers, Emerging Challenges, and …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Low-Cost Carrier Market Size By 2025?
The budget airline industry has experienced rapid growth in recent years. Its projected expansion from $232.12 billion in 2024 to $266.07 billion in 2025, with a compound annual growth rate (CAGR) of 14.6%, demonstrates this. The growth experienced in…
Legal Protection Insurance Market: Major Trends Reshaping the Future of the Indu …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Legal Protection Insurance Market Size Growth Forecast: What to Expect by 2025?
In recent years, the market size of legal protection insurance has seen robust growth. It is projected to expand from $16.20 billion in 2024 to $17.50 billion in 2025, yielding a compound annual growth rate (CAGR) of…
Insurance Consulting Services Market Landscape to 2034: Key Forces Shaping the N …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Insurance Consulting Services Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In the past few years, there has been significant growth in the size of the insurance consulting services market. The expansion is projected to continue, with a rise from $10.42 billion in 2024 to…
Rising Electronics Industry Demand Fueling Growth Of The Market Due To Expanding …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Internet Of Things (IoT) Microcontroller Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of the Internet of Things (IoT) microcontroller has seen a swift expansion in the past few years. The market is projected to surge from $5.68 billion in 2024 to…
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…
