Global LED Lighting Driver ICs Market Research Report 2022

LED driver ICs are current-controlled regulators that provide biasing current required to activate single LEDs, an LED strip, or multiple LED strips. LEDs emit light when required biasing currents activate forward voltage of the part. Drivers typically drive multiple LEDs situated in either series, parallel, or series-parallel configurations. The color of the light emitted by LEDs is determined by the material used to make the part. Common colors are red, amber, yellow, green, blue, and white.

Driver ICs are used in a variety of LED lighting applications. The drivers may provide current for one LED or for a string of LEDs. The LED driver ICs provide nominal current biasing within the IC, with the option for providing an external resistor to change the bias point. Changing the bias point either increases or decreases constant current through the LEDs. Dynamic brightness control may be added with PWM circuits. Simple drivers require external PWM circuits while more sophisticated driver designs incorporate internal registers able to apply PWMs for brightness control.
Market Analysis and Insights: Global LED Lighting Driver ICs Market
Due to the COVID-19 pandemic, the global LED Lighting Driver ICs market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, SMD Type accounting for % of the LED Lighting Driver ICs global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Automotive Lighting segment is altered to an % CAGR throughout this forecast period.
North America LED Lighting Driver ICs market is estimated at US$ million in 2021, while Europe is forecast to reach US$ million by 2028. The proportion of the North America is % in 2021, while Europe percentage is %, and it is predicted that Europe share will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. As for the Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
The global major manufacturers of LED Lighting Driver ICs include Texas Instruments, Diodes Incorporated, ON Semiconductor, Analog Devices Inc., NXP, Microchip, Infineon, Maxim Integrated and AMS, etc. In terms of revenue, the global 3 largest players have a % market share of LED Lighting Driver ICs in 2021.
Global LED Lighting Driver ICs Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global LED Lighting Driver ICs Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
SMD Type
Through Hole Type
Segment by Application
Automotive Lighting
General Lighting
By Company
Texas Instruments
Diodes Incorporated
ON Semiconductor
Analog Devices Inc.
NXP
Microchip
Infineon
Maxim Integrated
AMS
CEL
Dialog Semiconductor
DIOO
ISSI
IXYS
Kinetic Technologies
MaxLinear
Melexis
NJR
Panasonic
Renesas Electronics
ROHM
STM
Toshiba
Wurth Elektronik
Production by Region
North America
Europe
China
Japan
South Korea
Taiwan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina