세계의 LED 드라이버 시장(2024-2031년)

LED Driver Market Size, Share & Trends Analysis Report by Component (Driver IC, and Discrete Component), by Luminaire Type (Type A-Lamps, T-Lamps, Reflectors, Decorative Lamps, and Others), by Supply Type (Constant Current, and Constant Voltage), and by Application (Consumer Electronics, Lighting, Automotive, and Outdoor Displays) Forecast Period (2024-2031)

LED driver market is anticipated to grow at a significant CAGR of 14.9% during the forecast period (2024-2031). The market growth is attributed to the growing advancement in LED driver development with integration features such as dimming and control, wireless communication, power density, and reduced energy consumption. The increasing demand for better thermal management in high-power LED drivers is further driving the growth of the LED driver market.

Market Dynamics

Increasing Integration of Smart Technologies in the LED Driver Manufacturing Industry

The incorporation of smart technologies is growing increasingly common in the LED driver-manufacturing sector. This involves enabling automation and remote control through the use of wireless connectivity and sensors, which will improve energy efficiency and save costs. The increasing need for products with greater power density that can fit into smaller form factors is another trend. This is especially crucial in applications like the automotive and aerospace sectors where weight and dimension considerations are paramount. Additionally, to lower installation, maintenance, and operating costs, there is a growing need for smart lighting systems in both commercial and residential facilities. It is necessary to reduce energy use while maintaining or improving user and tenant comfort and appeal.

Increasing Adoption of LED Drivers in Commercial Electronics

LED drivers are used to supply a steady current for a range of uses, including street and industrial lighting and indoor commercial lighting. Primary market businesses employ several topologies for electricity conversion. Decorative lamps are designed to add striking lighting options to enhance the visual appeal of both indoor and outdoor environments. These decorative lights cannot be powered or controlled without LED drivers. To accommodate a range of decorative lighting applications, decorative lamps are also available in a variety of forms, shapes, and sizes. These can include wall sconces with elaborate designs, chandeliers, decorative pendant lights, decorative ropes or strips for accent lighting, filament-style bulbs that replicate the retro appearance of incandescent lamps, and more.

Market Segmentation

• Based on the component, the market is segmented into driver IC and discrete components.
• Based on the luminaire type, the market is segmented into type A-lamps, T lamps, reflectors, decorative lamps, and others (integral led modules).
• Based on the supply type, the market is segmented into constant current and constant voltage.
• Based on the application, the market is segmented into consumer electronics, lighting, automotive, and outdoor displays.

Driver IC is Projected to Hold the Largest Segment

The primary factors supporting the growth include accurate current regulation, guaranteeing that LEDs receive a steady and correct current. Furthermore, driver-integrated circuits (ICs) frequently provide dimming and control features that let users modify the brightness or color temperature of LED lighting systems. These integrated circuits (ICs) offer flexibility in lighting management by being compatible with several dimming techniques, including analog, digital, and wireless control. In September 2023, Lumissil Microsystems introduced the release of the IS32FL3749, its latest matrix driver IC for controlling arrays of mini-LEDs. It is targeted at the automotive LCD backlight market that utilizes white mini-LED arrays for large ultra-high contrast central information displays (CID).

Consumer Electronics Segment to Hold a Considerable Market Share

The factors supporting segment growth include the growing global adoption of TVs and smartphones in developing countries. LED screens took the place of traditional LCD panels as they provide higher visual quality, greater color accuracy, and lower power consumption. These parts are also found in the display panels of many consumer gadgets, including air conditioners, refrigerators, and other devices. Lumissil Microsystems offers an IS31FL3239 LED driver with 24 constant current channels. Each channel can be pulse width modulated (PWM) by 16 bits for smooth LED brightness control. In addition, each channel has an 8-bit output current control register which allows fine-tuning the current for rich RGB color mixing.

Regional Outlook

Global LED driver market is further segmented based on geography including North America (the US, and Canada), Europe (the UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).

Growing Demand of LED Drivers in Asia-Pacific

• Asia-Pacific is a major global supplier of LED drivers and a production hub of consumer and industrial electronics. The demand for these parts is anticipated to be driven by the growing need for LEDs in consumer devices such as laptops, TVs, tablets, and smartphones. The LED drivers demand is further fueled by ambitious construction projects such as the Belt and Road Initiative.
• In July 2023, ROHM introduced LED driver ICs - the BD94130xxx-M series (BD94130MUF-ME2, BD94130EFV-ME2) for automotive LCD backlights. The devices support large displays increasingly being used in next-generation car infotainment and instrument clusters.

North America Holds Major Market Share

North America holds a significant share owing to numerous prominent LED Driver companies and providers such as Allegro MicroSystems, Inc., Analog Devices, Inc., Cree Inc., and Texas Instruments Inc. in the region. The market growth is attributed to the increasing adoption of LED solutions in commercial, residential, and industrial applications across the region. The cohesive regulations outlined by various governments is further driving the regional market growth.

The increasing use of smart lighting solutions to increase energy savings and better lighting performance in commercial applications has made a significant contribution to the regional market share. The automotive industry in the region is trending towards using LED drivers with higher voltage to power vehicle subsystems and this has seen battery voltages increasing from 12V and 24V to 48V. For instance, in March 2024, Diodes Inc. (Diodes) introduced a new automotive-compliant* linear LED driver that enables users to independently control the brightness and color of its three channels. Human-centric automotive design is driving the demand for multi-channel LED drivers, which allow vehicle occupants to easily change interior lighting colors to match their mood. By simultaneously enabling animated turning-indicator signals and exterior grill lighting for different road conditions, these drivers help increase safety levels.

Market Players Outlook

The major companies serving the LED driver market include Analog Devices, Inc., Infineon Technologies AG, NXP Semiconductors N.V., Texas Instruments Inc., and Toshiba Corp. among others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers and acquisitions to stay competitive in the market.

Recent Developments

• In January 2023, Infineon Technologies AG introduced a new HD light engine that uses Nichia's micro-LED technology and an integrated LED driver IC from Infineon that can drive all 16,384 micro-LEDs individually using pulse-width modulation (PWM) control. Additionally, the driver IC monitors each micro-LED separately and provides on-chip temperature monitoring allowing for optimal thermal control.
• In April 2022, Tridonic introduced a new generation of LED drivers. EXC4 flexC lp LED drivers in dimming and non-dimming versions are suitable for use in LED area luminaires.

Table of Contents

1. Report Summary

• Current Industry Analysis and Growth Potential Outlook
• 1.1. Research Methods and Tools
• 1.2. Market Breakdown
  • 1.2.1. By Segments
  • 1.2.2. By Region

2. Market Overview and Insights

• 2.1. Scope of the Report
• 2.2. Analyst Insight & Current Market Trends
  • 2.2.1. Key Industry Trends
  • 2.2.2. Recommendations
  • 2.2.3. Conclusion

3. Competitive Landscape

• 3.1. Key Company Analysis
• 3.2. Analog Devices, Inc.
  • 3.2.1. Overview
  • 3.2.2. Financial Analysis
  • 3.2.3. SWOT Analysis
  • 3.2.4. Recent Developments
• 3.3. Infineon Technologies AG
  • 3.3.1. Overview
  • 3.3.2. Financial Analysis
  • 3.3.3. SWOT Analysis
  • 3.3.4. Recent Developments
• 3.4. NXP Semiconductors N.V.
  • 3.4.1. Overview
  • 3.4.2. Financial Analysis
  • 3.4.3. SWOT Analysis
  • 3.4.4. Recent Developments
• 3.5. Texas Instruments, Inc.
  • 3.5.1. Overview
  • 3.5.2. Financial Analysis
  • 3.5.3. SWOT Analysis
  • 3.5.4. Recent Developments
• 3.6. Toshiba Corp.
  • 3.6.1. Overview
  • 3.6.2. Financial Analysis
  • 3.6.3. SWOT Analysis
  • 3.6.4. Recent Developments
• 3.7. Key Strategy Analysis

4. Market Segmentation

• 4.1. Global LED Driver Market by Component
  • 4.1.1. Driver IC
  • 4.1.2. Discrete Component
• 4.2. Global LED Driver Market by Luminaire Type
  • 4.2.1. Type A-Lamps
  • 4.2.2. T-Lamps
  • 4.2.3. Reflectors
  • 4.2.4. Decorative Lamps
  • 4.2.5. Others (Integral LED Modules)
• 4.3. Global LED Driver Market by Supply Type
  • 4.3.1. Constant Current
  • 4.3.2. Constant Voltage
• 4.4. Global LED Driver Market by Application
  • 4.4.1. Consumer Electronics
  • 4.4.2. Lighting
  • 4.4.3. Automotive
  • 4.4.4. Outdoor Displays

5. Regional Analysis

• 5.1. North America
  • 5.1.1. United States
  • 5.1.2. Canada
• 5.2. Europe
  • 5.2.1. UK
  • 5.2.2. Germany
  • 5.2.3. Italy
  • 5.2.4. Spain
  • 5.2.5. France
  • 5.2.6. Rest of Europe
• 5.3. Asia-Pacific
  • 5.3.1. China
  • 5.3.2. India
  • 5.3.3. Japan
  • 5.3.4. South Korea
  • 5.3.5. Rest of Asia-Pacific
• 5.4. Rest of the World
  • 5.4.1. Latin America
  • 5.4.2. Middle East and Africa

6. Company Profiles

• 6.1. Acuity Brands, Inc.
• 6.2. Allegro MicroSystems, Inc.
• 6.3. ams-OSRAM AG
• 6.4. Autec Power Systems
• 6.5. Cree Inc.
• 6.6. Crestron Electronics, Inc.
• 6.7. Eaglerise Electric & Electronic (China) Co., Ltd.
• 6.8. Eaton Corp plc
• 6.9. Enedo Plc
• 6.10. ERP Power LLC
• 6.11. Guangdong KeGu Power Supply Co.
• 6.12. HEP TECH CO., LTD.
• 6.13. Hubbell Inc.
• 6.14. Inventronics Inc.
• 6.15. Lifud Technology Co., Ltd.
• 6.16. LTECH
• 6.17. Lutron Electronics Co., Inc.
• 6.18. MEAN WELL Enterprises Co., Ltd.
• 6.19. MOSO Electronics Corp. (MOSO)
• 6.20. ROHM CO., LTD.
• 6.21. Semiconductor Components Industries, LLC (onsemi)
• 6.22. Shanghai Euchips Industrial Co., Ltd.
• 6.23. Shenzhen Longood Intelligent Electric Co., Ltd.
• 6.24. Shenzhen SOSEN Electronics Co., Ltd.
• 6.25. Signify Holding
• 6.26. The Light Kart
• 6.27. Tridonic GmbH & Co KG