LED 드라이버 시장 : 시장 점유율 분석, 산업 동향 및 촉진요인, 성장 예측(2025-2030년)

The LED driver market is valued at USD 20.19 billion in 2025 and is forecast to grow to USD 56.64 billion by 2030, reflecting a CAGR of 22.91%.

This expansion is underpinned by the alignment of national energy-efficiency mandates, accelerating wireless-control adoption and the deployment of silicon-carbide and gallium-nitride semiconductors that raise conversion efficiency and shrink driver footprints. Government-funded retrofit programs, particularly in Asia-Pacific, intersect with net-zero commitments to lift large-scale replacement demand, while new-build codes in North America and Europe push integrated intelligent-lighting specifications. Automotive electrification further widens the addressable base for compact, high-temperature drivers, and Matter/Thread standardization dismantles long-standing interoperability barriers. Collectively, these shifts elevate the LED driver market from a component-supply business to a strategic enabler of connected-building platforms and energy-management services.

Global LED Driver Market Trends and Insights

Subsidy-fuelled LED Retrofit Programs Drive Market Acceleration

India's UJALA initiative illustrates how large-scale distribution of efficient lamps can slash electricity demand by 20 GW and avoid 80 million t of CO2 annually. Unlike earlier discount schemes, the program's market-based approach sustained vendor margins, encouraging continual product upgrades that now emphasize advanced drivers with energy-monitoring functions. Similar schemes in China, Malaysia and the European Union are moving from bulb replacements toward holistic luminaire swaps, triggering demand for drivers that support wireless controls, target power factors above 0.9 and meet IEC flicker criteria. Because early LED waves entered service around 2015, a secondary replacement cycle of 5.8 billion units begins peaking between 2025 and 2028. These programs collectively add momentum to the LED driver market by ensuring predictable, large-volume procurement pipelines over the forecast period.

Rapid Price Declines in GaN-on-Si Driver ICs Enable Mass Adoption

Texas Instruments' migration from 6-inch to 8-inch GaN wafers cuts die cost while improving yield consistency, pushing power-conversion efficiency beyond 92% and shrinking thermal budgets.Infineon's 300 mm pilot line is expected to reach silicon-parity pricing in 2025, opening mainstream channels such as retail track lighting and appliance illumination. GaN's higher switching frequencies reduce magnetics size by up to 40%, enabling slimmer luminaire profiles and lowering enclosure temperatures, a critical factor for chip-on-board modules. Automotive headlamp systems benefit from GaN's resilience at high junction temperatures, supporting adaptive-beam architectures in electric vehicles. These economics support a virtuous cycle of integration: as volumes climb, cost drops deepen, broadening the LED driver market even further.

Persistent Silicon Supply Constraints Create Bottlenecks in Driver IC Production

Wolfspeed's liquidity pressures threaten silicon-carbide wafer availability for high-power lighting and EV applications. Foundries prioritize advanced 3-nm logic, leaving 16-90 nm capacity thin for the mixed-signal processes used in LED drivers. Lead times exceed 40 weeks for common MOSFETs; speciality PMICs stretch beyond a year, forcing design pivots and multi-sourcing strategies. The constraint drives price volatility that squeezes mid-tier OEM margins, dampening near-term shipment potential in segments such as outdoor lighting projects with firm bid ceilings. Until capacity additions in Southeast Asia come online, silicon shortfalls remain a measurable drag on the LED driver market.

Other drivers and restraints analyzed in the detailed report include:

1. Smart-Lighting Mandates in New-Build Codes Create Compliance-Driven Demand
2. Mainstream Adoption of Matter/Thread Wireless Controls Standardizes Connectivity
3. Limited Interoperability Across Legacy Wired Protocols Fragments Market Adoption

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Constant current devices held 61.2% LED driver market share in 2024, driven by decades of design familiarity in high-lumen applications. However, constant power drivers deliver up to 92% conversion efficiency and accommodate variable-voltage LED loads without redesign, supporting a projected 23.1% CAGR between 2025 and 2030. In the automotive front-lighting niche, Infineon's Litix Power Flex series illustrates the performance jump: SPI-controlled dimming and multi-string protection broaden functionality without thermal penalty.

The rise of adaptive lighting scenarios reinforces the shift. Architectural facades, sports arenas and tunable-white office fixtures benefit when output can adjust dynamically while current remains within diode tolerances. This versatility lowers SKU proliferation for luminaire makers and enhances field-upgrade paths. As wireless protocols proliferate, firmware-selectable power curves make constant power designs the preferred platform in the evolving LED driver market.

Wired systems, led by DALI and 0-10 V, accounted for 65.4% of the LED driver market size in 2024 because existing-bearing structures embed control cabling. Yet wireless features head into the steep part of the adoption curve, with a 24.3% CAGR through 2030. Legrand's Matter-approved wall-box dimmers demonstrate consumer enthusiasm for app-based commissioning.

From a total-cost lens, eliminating control wires trims labour 15-25% in commercial retrofit budgets, often swinging ROI in favour of LED plus controls. Thread's IPv6 foundation eases building-management integration, and BLE mesh provides low-energy fallback for emergency lighting checks. With over-the-air firmware updates now mainstream, wireless drivers extend operating lifetimes by accommodating future features. These advantages cement wireless as a pillar of the LED driver market.

LED Driver Market Report is Segmented by Product Type (Constant Current LED Drivers, and More), Control Feature (Wired, Wireless), Power Output (Less Than25W, 25-65W, and More), Form Factor (External Stand-Alone, Integrated/On-Board, and More), End-Use Application (Residential, Commercial and Office, Retail and Hospitality, and More), and by Geography. The Market Forecasts are Provided in Terms of Value (USD).

Geography Analysis

North America's 32.3% revenue share in 2024 derives from rigorous lamp-efficacy rules that raise the bar to 83-195 lm/W, steering specifiers toward high-efficiency drivers. Corporate retrofits such as Coca-Cola Consolidated's six-facility upgrade realize USD 97,063 annual savings and underline the quick payback narrative. The CHIPS Act allocates USD 200 billion for domestic fabs, improving resilience for analog and power components. Canada and Mexico leverage integrated supply chains to share technical standards and qualification labs, smoothing cross-border shipments.

Asia-Pacific exhibits the fastest structural rise, projecting a 24.2% CAGR through 2030. China's manufacturing depth slashes BOM costs, and its municipal smart-city grants stimulate local demand for drivers with NB-IoT or LoRa gateways. India's record-scale UJALA program replenishes lamp inventories at end-of-life, kick-starting a second-wave luminaire upgrade cycle. Japan, South Korea and Taiwan channel EV-led headlamp innovations into exportable adaptive-beam drivers. ASEAN markets absorb supply-chain diversification, with Vietnam emerging as a finish-and-assembly hub for North American brands.

Europe sustains momentum through Ecodesign 2019/2020, which targets 96 TWh savings annually by 2030. Germany's KfW-bank subsidies tie preferential interest rates to intelligent-lighting deployment, accelerating driver replacements in logistics warehouses. Eastern European retrofit pipelines receive cohesion-fund backing, while the United Kingdom's Building Regulations Part L references dynamic-lighting guidance that favours drivers capable of open-protocol communication. The Middle East and Africa supplement the global LED driver market with Vision 2030 programs, typified by Saudi Arabia's 10% CAGR LED adoption outlook underpinned by local assembly ventures.

1. Signify
2. ams OSRAM
3. Acuity Brands Lighting
4. Hubbell Incorporated
5. Eaton (Cooper Lighting)
6. Lutron Electronics
7. Cree LED (SGH)
8. MEAN WELL Enterprises
9. Inventronics
10. Tridonic (Zumtobel)
11. Delta Electronics
12. Shenzhen Done Power
13. ERP Power
14. Lifud Technology
15. Helvar
16. Murata Manufacturing
17. Texas Instruments
18. ON Semi
19. Allegro MicroSystems
20. ROHM Semiconductor
21. Macroblock Inc.
22. TCI Srl
23. MOSO Power
24. Current (GE)

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET LANDSCAPE

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Subsidy-fuelled LED retrofit programs (post-2025 roll-outs)
  • 4.2.2 Rapid price declines in GaN-on-Si driver ICs
  • 4.2.3 Smart-lighting mandates in new-build codes
  • 4.2.4 Mainstream adoption of Matter/Thread wireless controls
  • 4.2.5 Surge in EV headlamp LED driver demand
  • 4.2.6 Corporate net-zero targets accelerating industrial upgrades
• 4.3 Market Restraints
  • 4.3.1 Persistent silicon supply constraints for driver ICs
  • 4.3.2 Limited interoperability across legacy wired protocols
  • 4.3.3 Design-in complexity for non-isolated drivers
  • 4.3.4 High import tariffs on Chinese constant-current modules
• 4.4 Supply-Chain Analysis
• 4.5 Technological Outlook
• 4.6 Regulatory Landscape
• 4.7 Porter's Five Forces
  • 4.7.1 Bargaining Power of Suppliers
  • 4.7.2 Bargaining Power of Buyers
  • 4.7.3 Threat of New Entrants
  • 4.7.4 Threat of Substitutes
  • 4.7.5 Intensity of Competitive Rivalry
• 4.8 Assesment of Macroeconomic Factors on the Market

5 MARKET SIZE AND GROWTH FORECASTS (VALUE)

• 5.1 By Product Type
  • 5.1.1 Constant Current LED Drivers
  • 5.1.2 Constant Voltage LED Drivers
  • 5.1.3 Constant Power LED Drivers
• 5.2 By Control Feature
  • 5.2.1 Wired
    • 5.2.1.1 0-10 V
    • 5.2.1.2 DALI
    • 5.2.1.3 DMX
    • 5.2.1.4 PLC
    • 5.2.1.5 Trailing-Edge
  • 5.2.2 Wireless
    • 5.2.2.1 Wi-Fi
    • 5.2.2.2 Bluetooth/BLE
    • 5.2.2.3 Zigbee
    • 5.2.2.4 Thread / Matter
    • 5.2.2.5 Li-Fi
• 5.3 By Power Output
  • 5.3.1 Less than 25 W
  • 5.3.2 25 - 65 W
  • 5.3.3 65 -150 W
  • 5.3.4 Greater than 150 W
• 5.4 By Form Factor
  • 5.4.1 External Stand-Alone
  • 5.4.2 Integrated / On-Board
  • 5.4.3 Linear Drivers
  • 5.4.4 Compact / Module Drivers
• 5.5 By End-Use Application
  • 5.5.1 Residential
  • 5.5.2 Commercial and Office
  • 5.5.3 Retail and Hospitality
  • 5.5.4 Outdoor and Street Lighting
  • 5.5.5 Industrial
  • 5.5.6 Healthcare and Education
  • 5.5.7 Automotive Lighting Systems
  • 5.5.8 Horticulture and Agriculture
  • 5.5.9 Consumer-Electronics Backlighting
  • 5.5.10 Other Applications
• 5.6 By Geography
  • 5.6.1 North America
    • 5.6.1.1 United States
    • 5.6.1.2 Canada
    • 5.6.1.3 Mexico
  • 5.6.2 South America
    • 5.6.2.1 Brazil
    • 5.6.2.2 Argentina
    • 5.6.2.3 Rest of South America
  • 5.6.3 Europe
    • 5.6.3.1 Germany
    • 5.6.3.2 United Kingdom
    • 5.6.3.3 France
    • 5.6.3.4 Italy
    • 5.6.3.5 Spain
    • 5.6.3.6 Russia
    • 5.6.3.7 Rest of Europe
  • 5.6.4 Asia-Pacific
    • 5.6.4.1 China
    • 5.6.4.2 Japan
    • 5.6.4.3 South Korea
    • 5.6.4.4 India
    • 5.6.4.5 Rest of Asia-Pacific
  • 5.6.5 Middle East and Africa
    • 5.6.5.1 Middle East
    • 5.6.5.1.1 Saudi Arabia
    • 5.6.5.1.2 United Arab Emirates
    • 5.6.5.1.3 Turkey
    • 5.6.5.1.4 Qatar
    • 5.6.5.1.5 Rest of Middle East
    • 5.6.5.2 Africa
    • 5.6.5.2.1 South Africa
    • 5.6.5.2.2 Egypt
    • 5.6.5.2.3 Nigeria
    • 5.6.5.2.4 Kenya
    • 5.6.5.2.5 Rest of Africa

6 COMPETITIVE LANDSCAPE

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
  • 6.4.1 Signify
  • 6.4.2 ams OSRAM
  • 6.4.3 Acuity Brands Lighting
  • 6.4.4 Hubbell Incorporated
  • 6.4.5 Eaton (Cooper Lighting)
  • 6.4.6 Lutron Electronics
  • 6.4.7 Cree LED (SGH)
  • 6.4.8 MEAN WELL Enterprises
  • 6.4.9 Inventronics
  • 6.4.10 Tridonic (Zumtobel)
  • 6.4.11 Delta Electronics
  • 6.4.12 Shenzhen Done Power
  • 6.4.13 ERP Power
  • 6.4.14 Lifud Technology
  • 6.4.15 Helvar
  • 6.4.16 Murata Manufacturing
  • 6.4.17 Texas Instruments
  • 6.4.18 ON Semi
  • 6.4.19 Allegro MicroSystems
  • 6.4.20 ROHM Semiconductor
  • 6.4.21 Macroblock Inc.
  • 6.4.22 TCI Srl
  • 6.4.23 MOSO Power
  • 6.4.24 Current (GE)

7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK

• 7.1 White-space and Unmet-Need Assessment
• 7.2 Emerging Opportunities in Non-Isolated Drivers
• 7.3 Visible-Light Communication Integration
• 7.4 GaN and SiC-based Driver IC Adoption

8 INVESTMENT ANALYSIS