According to a market report by Lucintel, the future of the global LED driver market looks promising with opportunities in the general lighting, automotive lighting, and backlighting markets. The global LED driver market is expected to reach an estimated $61,824 million by 2035 with a CAGR of 14.9% from 2025 to 2035. The major drivers for this market are the growing demand for automotive LED lighting systems, the rising adoption of LED lighting in residential buildings, and the increasing demand for energy saving lighting solutions.
A more
than 150-page report to understand trends, opportunity and forecast in global LED
driver market to 2035 by supply type (constant current and constant voltage),
luminaire type (type A lamp, decorative lamp, T lamp, reflectors, and others),
application (general lighting, automotive lighting, and backlighting), and
region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that, within the supply type category, constant current is expected
to witness higher growth over the forecast period.
Within the
application category, general lighting is expected to witness the highest
growth.
Download
sample by clicking on LED driver market.
In terms
of region, APAC is expected to witness the highest growth over the forecast
period.
Texas
Instruments Incorporated, Maxim Integrated Inc., ROHM Semiconductor, ON
Semiconductor, Osram GmbH, Toshiba, Power Integration, STMicroelectronics,
Microchip Technology, Taiwan Semiconductor are the major suppliers in the LED driver market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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