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The global LED driver market reached a value of US$ 8.17 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 24.87 Billion by 2027, exhibiting at a CAGR of 19.20% during 2022-2027.
More info:- https://www.imarcgroup.com/led-driver-market

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Published by marcelmikaelson4, 2022-12-28 02:03:35

LED Driver Market PDF: Industry Overview, Growth Rate and Forecast 2022-27

The global LED driver market reached a value of US$ 8.17 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 24.87 Billion by 2027, exhibiting at a CAGR of 19.20% during 2022-2027.
More info:- https://www.imarcgroup.com/led-driver-market

Keywords: Market Size, Market Share, Market Growth, Market Trends

Global LED Driver Market Research
and Forecast Report 2022-2027

© 2022 IMARC All Rights Reserved Author: Elena Anderson
Marketing Manager
IMARC GroupCopyright © IMARC Service Pvt Ltd. All Rights Reserved

Report DescriptionAbout IMARC Group

International Market Analysis Research and Consulting Group is a leading adviser on
management strategy and market research worldwide. We partner with clients in all regions
and industry verticals to identify their highest-value opportunities, address their most critical
challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing
methods are at the top of the company’s expertise.

IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our
clients achieve unmatchable competitive advantage, build more proficient organizations, and
secure lasting results.

Report DescriRpetpioornt Description and Highlights

Global LED Driver Market Research Report 2022-2027:

According to the latest report by IMARC Group, titled "LED Driver Market: Global Industry Trends,
Share, Size, Growth, Opportunity and Forecast 2022-2027," the global LED driver market size
reached US$ 8.17 Billion in 2021.

A light-emitting diode (LED) driver refers to an electrical circuit that is utilized for regulating the
voltage of a string of LEDs or an LED. It is a specialized power supply system that aids in controlling
the power level required by LEDs. It is generally classified into internal and external LED drivers,
wherein internal drivers are usually inbuilt in domestic bulbs and external drivers are equipped with
roadways and commercial lighting systems. It is easy to use, reliable and offers an excellent
electromagnetic compatibility (EMC) performance in a cost-efficient manner.

Request for a PDF sample of this report: https://www.imarcgroup.com/led-driver-
market/requestsample

Report DescriRpetpioornt Description and Highlights

Global LED Driver Market Trends:

The global market is primarily driven by the escalating demand for LED lighting solutions. This is
supported by the rising awareness regarding sustainable development among the masses and the
growing preference for energy-efficient lighting solutions. Along with this, increasing investments by
private and public agencies in the development of smart city projects are also providing an impetus to
the market growth. Moreover, numerous leading players are heavily investing in the replacement of
conventional bulbs with LEDs in vehicles to offer excellent luminous efficiency for improving road safety.

The market is further driven by the rising infrastructural development projects across the globe. Other
factors, including continual product innovations, extensive research and development (R&D) activities
conducted by key players and the emergence of digital-out-of-home (DOOH) advertising solutions, are
further contributing to the market growth. On account of the aforementioned factors, the market is
anticipated to grow at a CAGR of 19.20% during 2022-2027.

View Report TOC, Figures and Tables: https://www.imarcgroup.com/led-driver-market

Report DescriRpetpioornt Description and Highlights

Key Market Segmentation

The research report includes the following segments:

Breakup by Component:

•Driver IC
•Discrete Components
•Others

Breakup by Luminaire Type:

•Decorative Lamps
•Reflectors
•Type A Lamp
•T Lamp
•Integral LED Modules
•Others

Breakup by End User:

•Residential
•Commercial
•Industrial

Report DescriRpetpioornt Description and Highlights

Breakup by Supply Type:

•Constant Current
•Constant Voltage

Breakup by Region:

•North America
•Asia Pacific
•Europe
•Latin America
•Middle East and Africa

Report DescriRpetpioornt Description and Highlights

Competitive Landscape with Key Players:

•AC Electronics
•ams AG
•Hatch Lighting
•Lutron Electronics Co. Inc.
•Macroblock Inc.
•Maxim Integrated Products Inc. (Analog Devices Inc.)
•Microchip Technology Inc.
•NXP Semiconductors N.V.
•Rohm Co. Ltd.
•Semiconductor Components Industries LLC
•Signify N.V.
•SMART Global Holdings Inc.
•Texas Instruments Incorporated.

Report DesKceriypQtiuoenstions Answered in the Report

1. What was the size of the global LED driver market in 2021?
2. What is the expected growth rate of the global LED driver market during 2022-2027?
3. What are the key factors driving the global LED driver market?
4. What has been the impact of COVID-19 on the global LED driver market?
5. What is the breakup of the global LED driver market based on the component?
6. What is the breakup of the global LED driver market based on the luminaire type?
7. What is the breakup of the global LED driver market based on the supply type?
8. What is the breakup of the global LED driver market based on the end user?
9. What are the key regions in the global LED driver market?
10. Who are the key players/companies in the global LED driver market?

Report Description Table of Contents

1 Preface
2 Scope and Methodology

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources

2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global LED Driver Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

Report Description Table of Contents

6 Market Breakup by Component
6.1 Driver IC
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Discrete Components
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Others
6.3.1 Market Trends
6.3.2 Market Forecast

7 Market Breakup by Luminaire Type
7.1 Decorative Lamps
7.1.1 Market Trends
7.1.2 Market Forecast

7.2 Reflectors
7.2.1 Market Trends

Click here to visit the complete table of content with list of figures and tables:
https://www.imarcgroup.com/led-driver-market/toc

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Report DescriRpetpioornt Description and Highlights

© 2022 IMARC All Rights Reserved

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International Market Analysis Research and Consulting (IMARC). No part of this publication may be
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Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been
based on information and sources believed to be accurate and reliable at the time of publishing.
International Market Analysis Research and Consulting makes no representation of warranty of any kind as to
the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any
loss or damage resulting from opinion, errors or inaccuracies if any found this publication.

IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market
Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of
their respective companies.

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