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.
According to our (Global Info Research) latest study, the global Low Voltage DC-DC LED Drivers market size was valued at USD 789.2 million in 2022 and is forecast to a readjusted size of USD 1390 million by 2029 with a CAGR of 8.4% during review 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.
This report is a detailed and comprehensive analysis for global Low Voltage DC-DC LED Drivers market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Global Low Voltage DC-DC LED Drivers market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Low Voltage DC-DC LED Drivers market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Low Voltage DC-DC LED Drivers market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Low Voltage DC-DC LED Drivers market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Low Voltage DC-DC LED Drivers
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Low Voltage DC-DC LED Drivers market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Texas Instruments, Analog Devices, Diodes Incorporated, STMicroelectronics and Monolithic power systems, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Low Voltage DC-DC LED Drivers market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Market segment by Application
Major players covered
Monolithic power systems
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Low Voltage DC-DC LED Drivers product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Low Voltage DC-DC LED Drivers, with price, sales, revenue and global market share of Low Voltage DC-DC LED Drivers from 2018 to 2023.
Chapter 3, the Low Voltage DC-DC LED Drivers competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Low Voltage DC-DC LED Drivers breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Low Voltage DC-DC LED Drivers market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Low Voltage DC-DC LED Drivers.
Chapter 14 and 15, to describe Low Voltage DC-DC LED Drivers sales channel, distributors, customers, research findings and conclusion.