Report overview
Due to increasing energy regulations, most people are familiar by now with the long life spans and energy savings associated with LEDs, or light-emitting diodes. And these innovative light sources require specialized devices called LED drivers to operate. LED drivers (also known as LED power supplies) are similar to ballasts for fluorescent lamps or transformers for lowvoltage bulbs: they provide LEDs with the electricity they require to function and perform at their best. LED drivers convert higher voltage, alternating current to low voltage, direct current. They also keep the voltage and current flowing through an LED circuit at its rated level. This report studies the Low Voltage DC-DC LED Drivers market.
This report aims to provide a comprehensive presentation of the global market for Low Voltage DC-DC LED Drivers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Low Voltage DC-DC LED Drivers. This report contains market size and forecasts of Low Voltage DC-DC LED Drivers in global, including the following market information:
Global Low Voltage DC-DC LED Drivers Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Low Voltage DC-DC LED Drivers Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Low Voltage DC-DC LED Drivers companies in 2022 (%)
The global Low Voltage DC-DC LED Drivers market was valued at US$ 789.2 million in 2022 and is projected to reach US$ 1390 million by 2029, at a CAGR of 8.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Low Voltage DC-DC LED Drivers key players include Texas Instruments, Linear Technology, Diodes Incorporated, STMicroelectronics, Monolithic power systems, etc. Global top five manufacturers hold a share about 55%. Asia-Pacific is the largest sale market, with a share about 80%, followed by North America and Europe, total with a share about 15 percent. In terms of product, Buck is the largest segment, with a share about 60%. And in terms of application, the largest application is LED Lighting, followed by Consumer Electronics, etc.
We surveyed the Low Voltage DC-DC LED Drivers manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Low Voltage DC-DC LED Drivers Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Low Voltage DC-DC LED Drivers Market Segment Percentages, by Type, 2022 (%)
Buck
Boost
Multi-channel
Others
Global Low Voltage DC-DC LED Drivers Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Low Voltage DC-DC LED Drivers Market Segment Percentages, by Application, 2022 (%)
LED Lighting
Consumer Electronics
Others
Global Low Voltage DC-DC LED Drivers Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Low Voltage DC-DC LED Drivers Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Low Voltage DC-DC LED Drivers revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Low Voltage DC-DC LED Drivers revenues share in global market, 2022 (%)
Key companies Low Voltage DC-DC LED Drivers sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Low Voltage DC-DC LED Drivers sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Texas Instruments
Analog Devices
Diodes Incorporated
STMicroelectronics
Monolithic power systems
MEAN WELL
Infineon
ON Semiconductor
Richtek
ISSI
Fitipower
XP Power
LUXdrive
Outline of Major Chapters:
Chapter 1: Introduces the definition of Low Voltage DC-DC LED Drivers, market overview.
Chapter 2: Global Low Voltage DC-DC LED Drivers market size in revenue and volume.
Chapter 3: Detailed analysis of Low Voltage DC-DC LED Drivers manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Low Voltage DC-DC LED Drivers in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Low Voltage DC-DC LED Drivers capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
