The global LED driver market is expected to reach $16.1 billion by 2023


(MENAFNEditorial) Browse 98 Market Data Tables and 113 Figures spread through 183 Pages and in-depth TOC on "Global LED Driver Market- Global Forecast to 2023" http://www.lucintel.com/global-led-driver-market-2018.aspx

In this market, constant current and constant voltage LED drivers are used to regulate the power supply in general lighting, backlighting, and automotive lighting applications. Lucintel forecast that constant current LED driver will remain the largest product type; it is also expected to witness the highest growth due to ability to provide consistent brightness with lower power consumption and increasing demand in LED backlighting and general lighting applications.

Within the LED driver market, the general lighting segment will remain the largest application. It is also expected to witness the highest growth rate due to increasing demand for energy-efficient products in residential and commercial lighting, increasing usage of LED drivers for building and lighting management systems, and the decreasing price of LEDs.

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Asia Pacific is expected to remain the largest region, and it is also expected to witness the highest growth over the forecast period due to increasing penetration of LED lighting in the automotive and building & construction industries. Production and consumption of LED lighting in China is highest, and modernization of infrastructure is expected to propel the demand for lighting products in China.

Emerging trends, which have a direct impact on the dynamics of the industry, include the development of visible light communication (VLC) LED drivers, and the development of color tunable LED drivers. Texas Instruments, Toshiba, STMicroelectronics, ON Semiconductor, and ROHM Semiconductor are among the major suppliers of the LED driver.

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The study includes a forecast for the global LED driver market by supply type, luminaire type, application, and region as follows:

By Application [$M shipment analysis from 2012 to 2023]:

  • General lighting
  • Residential

    Office

    Shop

    Hospitality

    Outdoor

    Industrial

    Architectural

  • Automotive Lighting
  • Headlamps

    Daytime Running Lights (DRLs)

    Sidelights

    Rear Lights

    Interior

  • Backlighting
  • LCD TV

    Monitor

    Portable PCs

    Handhelds

    By Supply Type [$M shipment analysis from 2012 to 2023]:

  • Constant Current
  • Constant Voltage
  • By Luminaire Type [$M shipment analysis from 2012 to 2023]:

  • Type A Lamp
  • Decorative Lamp
  • T Lamp
  • Reflectors
  • Others
  • By Region [$M shipment analysis from 2012 2023]:

  • North America
  • United States

    Canada

    Mexico

  • Europe
  • United Kingdom

    Germany

    France

    Switzerland

  • Asia Pacific
  • China

    Japan

    India

  • The Rest of the World
  • This 183-page 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

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    About Lucintel

    Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M & A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com .

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    This report answers following 11 key questions:

    Q.1 What are some of the most promising, high-growth opportunities for the global LED driver market by supply type (constant current and constant voltage), by luminaire type (type A lamp, decorative lamp, T lamp, reflectors, and others), by applications (general lighting, automotive lighting and backlighting) and by region (North America, Europe, Asia Pacific, and the Rest of the World)?

    Q.2 Which segments will grow at a faster pace and why?

    Q.3 Which regions will grow at a faster pace and why?

    Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?

    Q.5 What are the business risks and threats to the market?

    Q.6 What are the emerging trends in this market and reasons behind them?

    Q.7 What are some changing demands of customers in the market?

    Q.8 What are the new developments in the market? Which companies are leading these developments?

    Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?

    Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via product substitution?

    Q.11 What M & A activity has occurred in the last 5 years?

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