LED Driver Market
LED Driver Market - Global Industry Assessment & Forecast
Segments Covered
- By Driving Methods Constant Current LED Driver, Constant Voltage LED Driver
- By Luminaire Types Type A-Lamps, T-Lamps, Reflectors, Decorative Lamps, Integral LED Modules
- By End-User Applications Commercial Lighting, Industrial Lighting, Residential Lighting, Outlook & Traffic Lighting, Other End-Users
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 6.14 Billion |
Revenue 2030: | USD 31.99 Billion |
Revenue CAGR (2023 - 2030): | 22.90% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
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Executive Dashboard
- Strategic Imperatives
-
Premium Insights
- Top 3 Trends to Watch
- Demand and Supply Trends
- Top 3 Strategies Followed by Major Players
- Top 3 Predictions by Vantage Market Research
- Top Investment Pockets
- Insights from Primary Respondents
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Global LED Driver Market - Segment Analysis
- Overview
- Global LED Driver Market, 2016 - 2028 (USD Million)
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Global LED Driver Market - by Driving Methods
- By Constant Current LED Driver
- By Constant Voltage LED Driver
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Global LED Driver Market - by Luminaire Types
- By Type A-Lamps
- By T-Lamps
- By Reflectors
- By Decorative Lamps
- By Integral LED Modules
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Global LED Driver Market - by End-User Applications
- By Commercial Lighting
- By Industrial Lighting
- By Residential Lighting
- By Outlook & Traffic Lighting
- By Other End-Users
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Global LED Driver Market - by region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Market comparative analysis
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North America LED Driver Market - Segment Analysis
- Overview
- North America LED Driver Market, 2016 - 2028 (USD Million)
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North America LED Driver Market, by Driving Methods
- By Constant Current LED Driver
- By Constant Voltage LED Driver
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North America LED Driver Market, by Luminaire Types
- By Type A-Lamps
- By T-Lamps
- By Reflectors
- By Decorative Lamps
- By Integral LED Modules
-
North America LED Driver Market, by End-User Applications
- By Commercial Lighting
- By Industrial Lighting
- By Residential Lighting
- By Outlook & Traffic Lighting
- By Other End-Users
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North America LED Driver Market, by Country
- U.S.
- U.S. LED Driver Market, By Driving Methods
- By Constant Current LED Driver
- By Constant Voltage LED Driver
- U.S. LED Driver Market, By Luminaire Types
- By Type A-Lamps
- By T-Lamps
- By Reflectors
- By Decorative Lamps
- By Integral LED Modules
- U.S. LED Driver Market, By End-User Applications
- By Commercial Lighting
- By Industrial Lighting
- By Residential Lighting
- By Outlook & Traffic Lighting
- By Other End-Users
- U.S. LED Driver Market, By Driving Methods
- Canada
- Canada LED Driver Market, By Driving Methods
- By Constant Current LED Driver
- By Constant Voltage LED Driver
- Canada LED Driver Market, By Luminaire Types
- By Type A-Lamps
- By T-Lamps
- By Reflectors
- By Decorative Lamps
- By Integral LED Modules
- Canada LED Driver Market, By End-User Applications
- By Commercial Lighting
- By Industrial Lighting
- By Residential Lighting
- By Outlook & Traffic Lighting
- By Other End-Users
- Canada LED Driver Market, By Driving Methods
- Mexico
- Mexico LED Driver Market, By Driving Methods
- By Constant Current LED Driver
- By Constant Voltage LED Driver
- Mexico LED Driver Market, By Luminaire Types
- By Type A-Lamps
- By T-Lamps
- By Reflectors
- By Decorative Lamps
- By Integral LED Modules
- Mexico LED Driver Market, By End-User Applications
- By Commercial Lighting
- By Industrial Lighting
- By Residential Lighting
- By Outlook & Traffic Lighting
- By Other End-Users
- Mexico LED Driver Market, By Driving Methods
- U.S.
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Europe LED Driver Market - Segment Analysis
- Overview
- Europe LED Driver Market, 2016 - 2028 (USD Million)
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Europe LED Driver Market, by Driving Methods
- By Constant Current LED Driver
- By Constant Voltage LED Driver
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Europe LED Driver Market, by Luminaire Types
- By Type A-Lamps
- By T-Lamps
- By Reflectors
- By Decorative Lamps
- By Integral LED Modules
-
Europe LED Driver Market, by End-User Applications
- By Commercial Lighting
- By Industrial Lighting
- By Residential Lighting
- By Outlook & Traffic Lighting
- By Other End-Users
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Europe LED Driver Market, by Country
- Germany
- Germany LED Driver Market, By Driving Methods
- By Constant Current LED Driver
- By Constant Voltage LED Driver
- Germany LED Driver Market, By Luminaire Types
- By Type A-Lamps
- By T-Lamps
- By Reflectors
- By Decorative Lamps
- By Integral LED Modules
- Germany LED Driver Market, By End-User Applications
- By Commercial Lighting
- By Industrial Lighting
- By Residential Lighting
- By Outlook & Traffic Lighting
- By Other End-Users
- Germany LED Driver Market, By Driving Methods
- UK
- UK Market, By Driving Methods
- By Constant Current LED Driver
- By Constant Voltage LED Driver
- UK Market, By Luminaire Types
- By Type A-Lamps
- By T-Lamps
- By Reflectors
- By Decorative Lamps
- By Integral LED Modules
- UK Market, By End-User Applications
- By Commercial Lighting
- By Industrial Lighting
- By Residential Lighting
- By Outlook & Traffic Lighting
- By Other End-Users
- UK Market, By Driving Methods
- France
- France LED Driver Market, By Driving Methods
- By Constant Current LED Driver
- By Constant Voltage LED Driver
- France LED Driver Market, By Luminaire Types
- By Type A-Lamps
- By T-Lamps
- By Reflectors
- By Decorative Lamps
- By Integral LED Modules
- France LED Driver Market, By End-User Applications
- By Commercial Lighting
- By Industrial Lighting
- By Residential Lighting
- By Outlook & Traffic Lighting
- By Other End-Users
- France LED Driver Market, By Driving Methods
- Spain
- Spain LED Driver Market, By Driving Methods
- By Constant Current LED Driver
- By Constant Voltage LED Driver
- Spain LED Driver Market, By Luminaire Types
- By Type A-Lamps
- By T-Lamps
- By Reflectors
- By Decorative Lamps
- By Integral LED Modules
- Spain LED Driver Market, By End-User Applications
- By Commercial Lighting
- By Industrial Lighting
- By Residential Lighting
- By Outlook & Traffic Lighting
- By Other End-Users
- Spain LED Driver Market, By Driving Methods
- Italy
- Italy LED Driver Market, By Driving Methods
- By Constant Current LED Driver
- By Constant Voltage LED Driver
- Italy LED Driver Market, By Luminaire Types
- By Type A-Lamps
- By T-Lamps
- By Reflectors
- By Decorative Lamps
- By Integral LED Modules
- Italy LED Driver Market, By End-User Applications
- By Commercial Lighting
- By Industrial Lighting
- By Residential Lighting
- By Outlook & Traffic Lighting
- By Other End-Users
- Italy LED Driver Market, By Driving Methods
- BENELUX
- BENELUX LED Driver Market, By Driving Methods
- By Constant Current LED Driver
- By Constant Voltage LED Driver
- BENELUX LED Driver Market, By Luminaire Types
- By Type A-Lamps
- By T-Lamps
- By Reflectors
- By Decorative Lamps
- By Integral LED Modules
- BENELUX LED Driver Market, By End-User Applications
- By Commercial Lighting
- By Industrial Lighting
- By Residential Lighting
- By Outlook & Traffic Lighting
- By Other End-Users
- BENELUX LED Driver Market, By Driving Methods
- Rest of Europe
- Rest Of Europe LED Driver Market, By Driving Methods
- By Constant Current LED Driver
- By Constant Voltage LED Driver
- Rest Of Europe LED Driver Market, By Luminaire Types
- By Type A-Lamps
- By T-Lamps
- By Reflectors
- By Decorative Lamps
- By Integral LED Modules
- Rest Of Europe LED Driver Market, By End-User Applications
- By Commercial Lighting
- By Industrial Lighting
- By Residential Lighting
- By Outlook & Traffic Lighting
- By Other End-Users
- Rest Of Europe LED Driver Market, By Driving Methods
- Germany
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Asia Pacific LED Driver Market - Segment Analysis
- Overview
- Asia Pacific LED Driver Market, 2016 - 2028 (USD Million)
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Asia Pacific LED Driver Market, by Driving Methods
- By Constant Current LED Driver
- By Constant Voltage LED Driver
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Asia Pacific LED Driver Market, by Luminaire Types
- By Type A-Lamps
- By T-Lamps
- By Reflectors
- By Decorative Lamps
- By Integral LED Modules
-
Asia Pacific LED Driver Market, by End-User Applications
- By Commercial Lighting
- By Industrial Lighting
- By Residential Lighting
- By Outlook & Traffic Lighting
- By Other End-Users
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Asia Pacific LED Driver Market, by Country
- China
- China LED Driver Market, By Driving Methods
- By Constant Current LED Driver
- By Constant Voltage LED Driver
- China LED Driver Market, By Luminaire Types
- By Type A-Lamps
- By T-Lamps
- By Reflectors
- By Decorative Lamps
- By Integral LED Modules
- China LED Driver Market, By End-User Applications
- By Commercial Lighting
- By Industrial Lighting
- By Residential Lighting
- By Outlook & Traffic Lighting
- By Other End-Users
- China LED Driver Market, By Driving Methods
- Japan
- Japan LED Driver Market, By Driving Methods
- By Constant Current LED Driver
- By Constant Voltage LED Driver
- Japan LED Driver Market, By Luminaire Types
- By Type A-Lamps
- By T-Lamps
- By Reflectors
- By Decorative Lamps
- By Integral LED Modules
- Japan LED Driver Market, By End-User Applications
- By Commercial Lighting
- By Industrial Lighting
- By Residential Lighting
- By Outlook & Traffic Lighting
- By Other End-Users
- Japan LED Driver Market, By Driving Methods
- India
- India LED Driver Market, By Driving Methods
- By Constant Current LED Driver
- By Constant Voltage LED Driver
- India LED Driver Market, By Luminaire Types
- By Type A-Lamps
- By T-Lamps
- By Reflectors
- By Decorative Lamps
- By Integral LED Modules
- India LED Driver Market, By End-User Applications
- By Commercial Lighting
- By Industrial Lighting
- By Residential Lighting
- By Outlook & Traffic Lighting
- By Other End-Users
- India LED Driver Market, By Driving Methods
- South Korea
- South Korea LED Driver Market, By Driving Methods
- By Constant Current LED Driver
- By Constant Voltage LED Driver
- South Korea LED Driver Market, By Luminaire Types
- By Type A-Lamps
- By T-Lamps
- By Reflectors
- By Decorative Lamps
- By Integral LED Modules
- South Korea LED Driver Market, By End-User Applications
- By Commercial Lighting
- By Industrial Lighting
- By Residential Lighting
- By Outlook & Traffic Lighting
- By Other End-Users
- South Korea LED Driver Market, By Driving Methods
- South East Asia
- South East Asia LED Driver Market, By Driving Methods
- By Constant Current LED Driver
- By Constant Voltage LED Driver
- South East Asia LED Driver Market, By Luminaire Types
- By Type A-Lamps
- By T-Lamps
- By Reflectors
- By Decorative Lamps
- By Integral LED Modules
- South East Asia LED Driver Market, By End-User Applications
- By Commercial Lighting
- By Industrial Lighting
- By Residential Lighting
- By Outlook & Traffic Lighting
- By Other End-Users
- South East Asia LED Driver Market, By Driving Methods
- Rest of Asia Pacific
- Rest of Asia Pacific LED Driver Market, By Driving Methods
- By Constant Current LED Driver
- By Constant Voltage LED Driver
- Rest of Asia Pacific LED Driver Market, By Luminaire Types
- By Type A-Lamps
- By T-Lamps
- By Reflectors
- By Decorative Lamps
- By Integral LED Modules
- Rest of Asia Pacific LED Driver Market, By End-User Applications
- By Commercial Lighting
- By Industrial Lighting
- By Residential Lighting
- By Outlook & Traffic Lighting
- By Other End-Users
- Rest of Asia Pacific LED Driver Market, By Driving Methods
- China
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Latin America LED Driver Market - Segment Analysis
- Overview
- Latin America LED Driver Market, 2016 - 2028 (USD Million)
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Latin America LED Driver Market, by Driving Methods
- By Constant Current LED Driver
- By Constant Voltage LED Driver
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Latin America LED Driver Market, by Luminaire Types
- By Type A-Lamps
- By T-Lamps
- By Reflectors
- By Decorative Lamps
- By Integral LED Modules
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Latin America LED Driver Market, by End-User Applications
- By Commercial Lighting
- By Industrial Lighting
- By Residential Lighting
- By Outlook & Traffic Lighting
- By Other End-Users
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Latin America LED Driver Market, by Country
- Brazil
- Brazil LED Driver Market, By Driving Methods
- By Constant Current LED Driver
- By Constant Voltage LED Driver
- Brazil LED Driver Market, By Luminaire Types
- By Type A-Lamps
- By T-Lamps
- By Reflectors
- By Decorative Lamps
- By Integral LED Modules
- Brazil LED Driver Market, By End-User Applications
- By Commercial Lighting
- By Industrial Lighting
- By Residential Lighting
- By Outlook & Traffic Lighting
- By Other End-Users
- Brazil LED Driver Market, By Driving Methods
- Argentina
- Argentina LED Driver Market, By Driving Methods
- By Constant Current LED Driver
- By Constant Voltage LED Driver
- Argentina LED Driver Market, By Luminaire Types
- By Type A-Lamps
- By T-Lamps
- By Reflectors
- By Decorative Lamps
- By Integral LED Modules
- Argentina LED Driver Market, By End-User Applications
- By Commercial Lighting
- By Industrial Lighting
- By Residential Lighting
- By Outlook & Traffic Lighting
- By Other End-Users
- Argentina LED Driver Market, By Driving Methods
- Rest of Latin America
- Rest of Latin America LED Driver Market, By Driving Methods
- By Constant Current LED Driver
- By Constant Voltage LED Driver
- Rest of Latin America LED Driver Market, By Luminaire Types
- By Type A-Lamps
- By T-Lamps
- By Reflectors
- By Decorative Lamps
- By Integral LED Modules
- Rest of Latin America LED Driver Market, By End-User Applications
- By Commercial Lighting
- By Industrial Lighting
- By Residential Lighting
- By Outlook & Traffic Lighting
- By Other End-Users
- Rest of Latin America LED Driver Market, By Driving Methods
- Brazil
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Middle East & Africa LED Driver Market - Segment Analysis
- Overview
- Middle East & Africa LED Driver Market, 2016 - 2028 (USD Million)
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Middle East & Africa LED Driver Market, by Driving Methods
- By Constant Current LED Driver
- By Constant Voltage LED Driver
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Middle East & Africa LED Driver Market, by Luminaire Types
- By Type A-Lamps
- By T-Lamps
- By Reflectors
- By Decorative Lamps
- By Integral LED Modules
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Middle East & Africa LED Driver Market, by End-User Applications
- By Commercial Lighting
- By Industrial Lighting
- By Residential Lighting
- By Outlook & Traffic Lighting
- By Other End-Users
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Middle East & Africa LED Driver Market, by Country
- GCC Countries
- GCC Countries LED Driver Market, By Driving Methods
- By Constant Current LED Driver
- By Constant Voltage LED Driver
- GCC Countries LED Driver Market, By Luminaire Types
- By Type A-Lamps
- By T-Lamps
- By Reflectors
- By Decorative Lamps
- By Integral LED Modules
- GCC Countries LED Driver Market, By End-User Applications
- By Commercial Lighting
- By Industrial Lighting
- By Residential Lighting
- By Outlook & Traffic Lighting
- By Other End-Users
- GCC Countries LED Driver Market, By Driving Methods
- South Africa
- South Africa LED Driver Market, By Driving Methods
- By Constant Current LED Driver
- By Constant Voltage LED Driver
- South Africa LED Driver Market, By Luminaire Types
- By Type A-Lamps
- By T-Lamps
- By Reflectors
- By Decorative Lamps
- By Integral LED Modules
- South Africa LED Driver Market, By End-User Applications
- By Commercial Lighting
- By Industrial Lighting
- By Residential Lighting
- By Outlook & Traffic Lighting
- By Other End-Users
- South Africa LED Driver Market, By Driving Methods
- Rest of Middle East & Africa
- Rest of Middle East & Africa LED Driver Market, By Driving Methods
- By Constant Current LED Driver
- By Constant Voltage LED Driver
- Rest of Middle East & Africa LED Driver Market, By Luminaire Types
- By Type A-Lamps
- By T-Lamps
- By Reflectors
- By Decorative Lamps
- By Integral LED Modules
- Rest of Middle East & Africa LED Driver Market, By End-User Applications
- By Commercial Lighting
- By Industrial Lighting
- By Residential Lighting
- By Outlook & Traffic Lighting
- By Other End-Users
- Rest of Middle East & Africa LED Driver Market, By Driving Methods
- GCC Countries
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Key Market Dynamics
- Introduction
- Market Drivers
- Market Restraints
- Market Opportunities
- Porter's Five Forces Analysis
- PEST Analysis
- Regulatory Landscape
- Technology Landscape
- Regional Market Trends
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COVID 19 Impact Analysis
- Key strategies undertaken by companies to tackle COVID-19
- Short term dynamics
- Long term dynamics
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Marketing Stratagy Analysis
- Marketing Channel
- Direct Marketing
- Indirect Marketing
- Marketing Channel Development Trends
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Competative Landscape
- Competition Matrix - 2021
- Company Market Share Analysis - 2021
- Key Company Activities, 2018 - 2021
- Strategic Developments - Heat Map Analysis
- Company Offering Evaluation
- Company Regional Presence Evaluation
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Company Profiles
- ACE LEDS (U.S.)
- Microchip Technology Inc. (U.S.)
- Cree LED (China)
- GE Current - a Daintree Company (U.S.)
- Signify Holdings (India)
- SAMSUNG (Korea)
- Lutron Electronics Co. Ltd. (U.S.)
- Macroblock Inc. (Taiwan)
- Maxim Integrated (U.S.)
- NXP Semiconductors (Netherlands)
- Semiconductor Components Industries LLC (U.S.)
- AMS OSRAM (Austria)
- ROHM Co. Ltd. (Japan)
- STMicroelectronics N. V. (Switzerland)
- Texas Instruments Incorporated (U.S.)
- Eaglerise Electric & Electronic (China) Co. Ltd. (China)
- Lifud Technology Co. Ltd. (China)
- BOKE Drivers Co. Ltd (China)
- Shenzhen Xiezhen Electronics Co. Ltd. (China)
- MEAN WELL Enterprises Co. Ltd. (Taiwan)
- Inventronics Inc (China)
- Tridonic (Austria)
- TCI Telecomunicazioni Italia SRL (Italy)
- Key Primary Respondents - VERBATIM
- Discussion Guide
- Customization Offered
- Annexure
- List of Figures
- List of Tables
- List of Abbreviations
FAQ
Frequently Asked Question
What is the global demand for LED Driver in terms of revenue?
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The global LED Driver valued at USD 6.14 Billion in 2022 and is expected to reach USD 31.99 Billion in 2030 growing at a CAGR of 22.90%.
Which are the prominent players in the market?
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The prominent players in the market are ACE LEDS (U.S.), Microchip Technology Inc. (U.S.), Cree LED (China), GE Current - a Daintree Company (U.S.), Signify Holdings (India), SAMSUNG (Korea), Lutron Electronics Co. Ltd. (U.S.), Macroblock Inc. (Taiwan), Maxim Integrated (U.S.), NXP Semiconductors (Netherlands), Semiconductor Components Industries LLC (U.S.), AMS OSRAM (Austria), ROHM Co. Ltd. (Japan), STMicroelectronics N. V. (Switzerland), Texas Instruments Incorporated (U.S.), Eaglerise Electric & Electronic (China) Co. Ltd. (China), Lifud Technology Co. Ltd. (China), BOKE Drivers Co. Ltd (China), Shenzhen Xiezhen Electronics Co. Ltd. (China), MEAN WELL Enterprises Co. Ltd. (Taiwan), Inventronics Inc (China), Tridonic (Austria), TCI Telecomunicazioni Italia SRL (Italy).
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 22.90% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the LED Driver include
- Growing demand for efficient lighting technology
Which region accounted for the largest share in the market?
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Asia Pacific was the leading regional segment of the LED Driver in 2022.