Global LED Driver Market Size, Share, Growth Analysis Report - Forecast 2034
LED Driver Market By Product Type (Constant Current & AC LED and Constant Voltage), By Control Feature (Wired and Wireless), Channel Count (Single, Dual, and Three & Above), End-User (Residential, Office, Retail & Hospitality, Outdoor, Healthcare & Educational Institutions, and Industrial), and By Region: Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034
| Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 54.00 Billion | USD 125.51 Billion | 8.8% | 2024 |
Table Of Content
- Chapter 1. Preface
- 1.1. Report Description and Scope
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
- Chapter 2. Executive Summary
- 2.1. LED Driver Market, 2016-2026 (USD Billion)
- 2.2. LED Driver Market: Snapshot
- Chapter 3. LED Driver Market - Industry Analysis
- 3.1. LED Driver Market: Market Dynamics
- 3.2. Market Drivers
- 3.2.1. Increasing need to address vertical specific challenges
- 3.3. Restraints
- 3.3.1. Technology and cost of design
- 3.4. Opportunity
- 3.4.1. Rapid economic development in emerging countries
- 3.5. Porter's Five Forces Analysis
- 3.6. Market Attractiveness Analysis
- 3.6.1. Market attractiveness analysis By Driving Method
- 3.6.2. Market attractiveness analysis By Luminaire Type
- 3.6.3. Market attractiveness analysis By End-User
- 3.6.4. Market attractiveness analysis by Region
- Chapter 4. LED Driver Market- Competitive Landscape
- 4.1. Company market share analysis
- 4.1.1. Global LED Driver Market: company market share, 2019
- 4.2. Strategic development
- 4.2.1. Acquisitions & mergers
- 4.2.2. New Driving Method launches
- 4.2.3. Agreements, partnerships, collaborations and joint ventures
- 4.2.4. Research and development and Regional expansion
- 4.3. Price trend analysis
- 4.1. Company market share analysis
- Chapter 5. Global LED Driver Market -Driving Method Analysis
- 5.1. Global LED Driver Market overview: By Driving Method type
- 5.1.1. Global LED Driver Market share, By Driving Method,2019 and 2026
- 5.2. Constant Current
- 5.3. Global LED Driver Market by Constant Current, 2016-2026 (USD Billion)
- 5.4. Constant Voltage
- 5.5. Global LED Driver Market by Constant Voltage, 2016-2026 (USD Billion)
- 5.1. Global LED Driver Market overview: By Driving Method type
- Chapter 6. Global LED Driver Market -Luminaire Type Analysis
- 6.1. Global LED Driver Market overview: By Luminaire Type
- 6.1.1. Global LED Driver Market share, By Luminaire Type, 2019 and 2026
- 6.2. A-Type Lamps
- 6.2.1. Global LED Driver Market By A-Type Lamps, 2016-2026 (USD Billion)
- 6.3. T-Lamps
- 6.3.1. Global LED Driver Market By T-Lamps, 2016-2026 (USD Billion)
- 6.4. Others
- 6.4.1. Global LED Driver Market by Other Luminaire Types, 2016-2026 (USD Billion)
- 6.1. Global LED Driver Market overview: By Luminaire Type
- Chapter 7. Global LED Driver Market -End-User Analysis
- 7.1. Global LED Driver Market overview: By End-User
- 7.1.1. Global LED Driver Market share, By End-User, 2019 and 2026
- 7.2. Residential
- 7.3. Global LED Driver Market by Residential, 2016-2026 (USD Billion)
- 7.4. Industrial
- 7.5. Global LED Driver Market by Industrial, 2016-2026 (USD Billion)
- 7.6. Commercial
- 7.6.1. Global LED Driver Market by Commercial, 2016-2026 (USD Billion)
- 7.7. Others
- 7.7.1. Global LED Driver Market by others, 2016-2026 (USD Billion)
- 7.1. Global LED Driver Market overview: By End-User
- Chapter 8. Global LED Driver Market - Regional Analysis
- 8.1. Global LED Driver Market overview: by Region
- 8.1.1. Global LED Driver Marketshare, by Region, 2019 and 2026
- 8.2. North America
- 8.2.1. North America LED Driver Market, 2016-2026 (USD Billion)
- 8.2.2. North America LED Driver Market revenue, By Driving Method,2016-2026 (USD Billion)
- 8.2.3. North America LED Driver Market revenue, By Luminaire Type, 2016-2026 (USD Billion)
- 8.2.4. North America LED Driver Market revenue, By End-User, 2016-2026 (USD Billion)
- 8.2.5. The U.S.
- 8.2.5.1. The U.S.LED Driver Market revenue, By Driving Method,2016-2026 (USD Billion)
- 8.2.5.2. The U.S.LED Driver Market revenue, By Luminaire Type, 2016-2026 (USD Billion)
- 8.2.5.3. The U.S.LED Driver Market revenue, By End-User, 2016-2026 (USD Billion)
- 8.2.6. Rest of North America
- 8.2.6.1. Rest of North America LED Driver Market revenue, By Driving Method,2016-2026 (USD Billion)
- 8.2.6.2. Rest of North America LED Driver Market revenue, By Luminaire Type, 2016-2026 (USD Billion)
- 8.2.6.3. Rest of North America LED Driver Market revenue, By End-User, 2016-2026 (USD Billion)
- 8.3. Europe
- 8.3.1. Europe LED Driver Market, 2016-2026 (USD Billion)
- 8.3.2. Europe LED Driver Market revenue, By Driving Method,2016-2026 (USD Billion)
- 8.3.3. Europe LED Driver Market revenue, By Luminaire Type, 2016-2026 (USD Billion)
- 8.3.4. Europe LED Driver Market revenue, By End-User, 2016-2026 (USD Billion)
- 8.3.5. UK
- 8.3.5.1. U.K.LED Driver Market revenue, By Driving Method,2016-2026 (USD Billion)
- 8.3.5.2. U.K.LED Driver Market revenue, By Luminaire Type, 2016-2026 (USD Billion)
- 8.3.5.3. U.K. LED Driver Market revenue, By End-User, 2016-2026 (USD Billion)
- 8.3.6. France
- 8.3.6.1. France LED Driver Market revenue, By Driving Method,2016-2026 (USD Billion)
- 8.3.6.2. France LED Driver Market revenue, By Luminaire Type, 2016-2026 (USD Billion)
- 8.3.6.3. France LED Driver Market revenue, By End-User, 2016-2026 (USD Billion)
- 8.3.7. Germany
- 8.3.7.1. Germany LED Driver Market revenue, By Driving Method,2016-2026 (USD Billion)
- 8.3.7.2. Germany LED Driver Market revenue, By Luminaire Type, 2016-2026 (USD Billion)
- 8.3.7.3. Germany LED Driver Market revenue, By End-User, 2016-2026 (USD Billion)
- 8.3.8. Rest of Europe
- 8.3.8.1. Rest of EuropeLED Driver Market revenue, By Driving Method,2016-2026 (USD Billion)
- 8.3.8.2. Rest of EuropeLED Driver Market revenue, By Luminaire Type, 2016-2026 (USD Billion)
- 8.3.8.3. Rest of Europe LED Driver Market revenue, By End-User, 2016-2026 (USD Billion)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific LED Driver Market, 2016-2026 (USD Billion)
- 8.4.2. Asia Pacific LED Driver Market revenue, By Driving Method,2016-2026 (USD Billion)
- 8.4.3. Asia Pacific LED Driver Market revenue, By Luminaire Type, 2016-2026 (USD Billion)
- 8.4.4. Asia Pacific LED Driver Market revenue, By End-User, 2016-2026 (USD Billion)
- 8.4.5. China
- 8.4.5.1. China LED Driver Market revenue, By Driving Method,2016-2026 (USD Billion)
- 8.4.5.2. China LED Driver Market revenue, By Luminaire Type, 2016-2026 (USD Billion)
- 8.4.5.3. China LED Driver Market revenue, By End-User, 2016-2026 (USD Billion)
- 8.4.6. Japan
- 8.4.6.1. Japan LED Driver Market revenue, By Driving Method,2016-2026 (USD Billion)
- 8.4.6.2. Japan LED Driver Market revenue, By Luminaire Type, 2016-2026 (USD Billion)
- 8.4.6.3. Japan LED Driver Market revenue, By End-User, 2016-2026 (USD Billion)
- 8.4.7. India
- 8.4.7.1. India LED Driver Market revenue, By Driving Method,2016-2026 (USD Billion)
- 8.4.7.2. India LED Driver Market revenue, By Luminaire Type, 2016-2026 (USD Billion)
- 8.4.7.3. India LED Driver Market revenue, By End-User, 2016-2026 (USD Billion)
- 8.4.8. Rest of Asia Pacific
- 8.4.8.1. Rest of Asia Pacific LED Driver Market revenue, By Driving Method,2016-2026 (USD Billion)
- 8.4.8.2. Rest of Asia Pacific LED Driver Market revenue, By Luminaire Type, 2016-2026 (USD Billion)
- 8.4.8.3. Rest of Asia Pacific LED Driver Market revenue, By End-User, 2016-2026 (USD Billion)
- 8.5. Latin America
- 8.5.1. Latin America LED Driver Market, 2016-2026 (USD Billion)
- 8.5.2. Latin America LED Driver Market revenue, By Driving Method,2016-2026 (USD Billion)
- 8.5.3. Latin America LED Driver Market revenue, By Luminaire Type, 2016-2026 (USD Billion)
- 8.5.4. Latin America LED Driver Market revenue, By End-User, 2016-2026 (USD Billion)
- 8.5.5. Brazil
- 8.5.5.1. Brazil LED Driver Market revenue, By Driving Method,2016-2026 (USD Billion)
- 8.5.5.2. Brazil LED Driver Market revenue, By Luminaire Type, 2016-2026 (USD Billion)
- 8.5.5.3. Brazil LED Driver Market revenue, By End-User, 2016-2026 (USD Billion)
- 8.5.6. Rest of LatinAmerica
- 8.5.6.1. Rest of LatinAmerica LED Driver Market revenue, By Driving Method,2016-2026 (USD Billion)
- 8.5.6.2. Rest of LatinAmerica LED Driver Market revenue, By Luminaire Type, 2016-2026 (USD Billion)
- 8.5.6.3. Rest of Latin America LED Driver Market revenue, By End-User, 2016-2026 (USD Billion)
- 8.6. The Middle East and Africa
- 8.6.1. The Middle East and Africa LED Driver Market, 2016-2026 (USD Billion)
- 8.6.2. The Middle East and Africa LED Driver Market revenue, By Driving Method,2016-2026 (USD Billion)
- 8.6.3. The Middle East and Africa LED Driver Market revenue, By Luminaire Type, 2016-2026 (USD Billion)
- 8.6.4. The Middle East and Africa LED Driver Market revenue, By End-User, 2016-2026 (USD Billion)
- 8.1. Global LED Driver Market overview: by Region
- Chapter 9. Company Profiles
- 9.1. Osram GmbH
- 9.1.1. Overview
- 9.1.2. Financials
- 9.1.3. Driving Method Portfolio
- 9.1.4. Business Strategy
- 9.1.5. Recent Developments
- 9.2. Harvard Engineering
- 9.2.1. Overview
- 9.2.2. Financials
- 9.2.3. Driving Method Portfolio
- 9.2.4. Business Strategy
- 9.2.5. Recent Developments
- 9.3. Texas Instruments, Inc.
- 9.3.1. Overview
- 9.3.2. Financials
- 9.3.3. Driving Method Portfolio
- 9.3.4. Business Strategy
- 9.3.5. Recent Developments
- 9.4. Maxim Integrated, Inc
- 9.4.1. Overview
- 9.4.2. Financials
- 9.4.3. Driving Method Portfolio
- 9.4.4. Business Strategy
- 9.4.5. Recent Developments
- 9.5. General Electric
- 9.5.1. Overview
- 9.5.2. Financials
- 9.5.3. Driving Method Portfolio
- 9.5.4. Business Strategy
- 9.5.5. Recent Development
- 9.6. Cree, Inc.
- 9.6.1. Overview
- 9.6.2. Financials
- 9.6.3. Driving Method Portfolio
- 9.6.4. Business Strategy
- 9.6.5. Recent Development
- 9.7. Angoss
- 9.7.1. Overview
- 9.7.2. Financials
- 9.7.3. Driving Method Portfolio
- 9.7.4. Business Strategy
- 9.7.5. Recent Development
- 9.8. Rohm Semiconductors
- 9.8.1. Overview
- 9.8.2. Financials
- 9.8.3. Driving Method Portfolio
- 9.8.4. Business Strategy
- 9.8.5. Recent Development
- 9.9. Atmel Corp.
- 9.9.1. Overview
- 9.9.2. Financials
- 9.9.3. Driving Method Portfolio
- 9.9.4. Business Strategy
- 9.9.5. Recent Development
- 9.1. Osram GmbH
Table Of Figures
List of Figures
1. Market research process
2. Market research methodology
3. Global LED Driver Market, 2016–2026 (USD Billion)
4. Porter’s Five Forces Analysis
5. Global LED Driver Market attractiveness, By Driving Method type
6. Global LED Driver Market attractiveness, By Luminaire Type
7. Global LED Driver Market attractiveness, By End-User
8. Global LED Driver Marketmarket share, By Driving Method, 2019 and 2026
9. Global LED Driver Market by Constant Current, 2016–2026 (USD Billion)
10. Global LED Driver Market by Constant Voltage,2016–2026 (USD Billion)
11. Global LED Driver Market share, By Luminaire Type, 2019 and 2026
12. Global LED Driver Market By A-Type Lamps, 2016–2026 (USD Billion)
13. Global LED Driver Market By T-Lamps, 2016–2026 (USD Billion)
14. Global LED Driver Market By Luminaire Type Other, 2016–2026 (USD Billion)
15. Global LED Driver Market share, By End-User, 2019 and 2026
16. Global LED Driver Market by Residential, 2016–2026 (USD Billion)
17. Global LED Driver Market by Industrial, 2016–2026 (USD Billion)
18. Global LED Driver Market by Commercial, 2016–2026 (USD Billion)
19. Global LED Driver Market by others, 2016–2026 (USD Billion)
20. Global LED Driver Market share, by Region, 2019and 2026
21. North America LED Driver Market, 2016–2026 (USD Billion)
22. Europe LED Driver Market, 2016–2026 (USD Billion)
23. Asia Pacific LED Driver Market, 2016–2026 (USD Billion)
24. Latin America LED Driver Market, 2016–2026 (USD Billion)
25. The Middle East and Africa LED Driver Market, 2016–2026 (USD Billion)
Table Of Tables
List of Tables
1. Global LED Driver Market: snapshot
2. Drivers of theLED Driver Market: impact analysis
3. Restraints of theLED Driver Market: impact analysis
4. North America LED Driver Market revenue, By Driving Method,2016–2026 (USD Billion)
5. North America LED Driver Market revenue, By Luminaire Type, 2016–2026 (USD Billion)
6. North America LED Driver Market revenue, By End-User, 2016–2026 (USD Billion)
7. The U.S. LED Driver Market revenue, By Driving Method,2016–2026 (USD Billion)
8. The U.S. LED Driver Market revenue, By Luminaire Type, 2016–2026 (USD Billion)
9. The U.S. LED Driver Market revenue, By End-User, 2016–2026 (USD Billion)
10. Rest of North America LED Driver Market revenue, By Driving Method,2016–2026 (USD Billion)
11. Rest of North America LED Driver Market revenue, By Luminaire Type, 2016–2026 (USD Billion)
12. Rest of North America LED Driver Market revenue, By End-User, 2016–2026 (USD Billion)
13. Europe LED Driver Market revenue, By Driving Method,2016–2026 (USD Billion)
14. Europe LED Driver Market revenue, By Luminaire Type, 2016–2026 (USD Billion)
15. Europe LED Driver Market revenue, By End-User, 2016–2026 (USD Billion)
16. U.K.LED Driver Market revenue, By Driving Method,2016–2026 (USD Billion)
17. U.K.LED Driver Market revenue, By Luminaire Type, 2016–2026 (USD Billion)
18. U.K. LED Driver Market revenue, By End-User, 2016–2026 (USD Billion)
19. France LED Driver Market revenue, By Driving Method,2016–2026 (USD Billion)
20. France LED Driver Market revenue, By Luminaire Type, 2016–2026 (USD Billion)
21. France LED Driver Market revenue, By End-User, 2016–2026 (USD Billion)
22. Germany LED Driver Market revenue, By Driving Method,2016–2026 (USD Billion)
23. Germany LED Driver Market revenue, By Luminaire Type, 2016–2026 (USD Billion)
24. Germany LED Driver Market revenue, By End-User, 2016–2026 (USD Billion)
25. Rest of EuropeLED Driver Market revenue, By Driving Method,2016–2026 (USD Billion)
26. Rest of EuropeLED Driver Market revenue, By Luminaire Type, 2016–2026 (USD Billion)
27. Rest of Europe LED Driver Market revenue, By End-User, 2016–2026 (USD Billion)
28. Asia Pacific LED Driver Market revenue, By Driving Method,2016–2026 (USD Billion)
29. Asia Pacific LED Driver Market revenue, By Luminaire Type, 2016–2026 (USD Billion)
30. Asia Pacific LED Driver Market revenue, By End-User, 2016–2026 (USD Billion)
31. China LED Driver Market revenue, By Driving Method,2016–2026 (USD Billion)
32. China LED Driver Market revenue, By Luminaire Type, 2016–2026 (USD Billion)
33. China LED Driver Market revenue, By End-User, 2016–2026 (USD Billion)
34. Japan LED Driver Market revenue, By Driving Method,2016–2026 (USD Billion)
35. Japan LED Driver Market revenue, By Luminaire Type, 2016–2026 (USD Billion)
36. Japan LED Driver Market revenue, By End-User, 2016–2026 (USD Billion)
37. India LED Driver Market revenue, By Driving Method,2016–2026 (USD Billion)
38. India LED Driver Market revenue, By Luminaire Type, 2016–2026 (USD Billion)
39. India LED Driver Market revenue, By End-User, 2016–2026 (USD Billion)
40. Rest of Asia Pacific LED Driver Market revenue, By Driving Method,2016–2026 (USD Billion)
41. Rest of Asia Pacific LED Driver Market revenue, By Luminaire Type, 2016–2026 (USD Billion)
42. Rest of Asia Pacific LED Driver Market revenue, By End-User, 2016–2026 (USD Billion)
43. Latin America LED Driver Market revenue, By Driving Method,2016–2026 (USD Billion)
44. Latin America LED Driver Market revenue, By Luminaire Type, 2016–2026 (USD Billion)
45. Latin America LED Driver Market revenue, By End-User, 2016–2026 (USD Billion)
46. Brazil LED Driver Market revenue, By Driving Method,2016–2026 (USD Billion)
47. Brazil LED Driver Market revenue, By Luminaire Type, 2016–2026 (USD Billion)
48. Brazil LED Driver Market revenue, By End-User, 2016–2026 (USD Billion)
49. Rest of Latin America LED Driver Market revenue, By Driving Method,2016–2026 (USD Billion)
50. Rest of Latin America LED Driver Market revenue, By Luminaire Type, 2016–2026 (USD Billion)
51. Rest of Latin America LED Driver Market revenue, By End-User, 2016–2026 (USD Billion)
52. The Middle East and Africa LED Driver Market revenue, By Driving Method,2016–2026 (USD Billion)
53. The Middle East and Africa LED Driver Market revenue, By Luminaire Type, 2016–2026 (USD Billion)
54. The Middle East and Africa LED Driver Market revenue, By End-User, 2016–2026 (USD Billion)
Methodology
FrequentlyAsked Questions
LED drivers offer protection to LEDs from high voltages as well as fluctuations occurring during power supply.
The global LED driver market is expected to grow due to rising adoption of energy-efficient lighting, increasing demand for smart lighting solutions, and government initiatives promoting led usage.
According to a study, the global LED driver market size was worth around USD 54.00 Billion in 2024 and is expected to reach USD 125.51 Billion by 2034.
The global LED driver market is expected to grow at a CAGR of 8.8% during the forecast period.
Asia-Pacific is expected to dominate the LED driver market over the forecast period.
Leading players in the global LED driver market include General Electric Company, Osram GmbH, Rohm Semiconductors, Cree Inc., Texas Instruments Inc., Macroblock Inc., Maxim Integrated Inc., Harvard Engineering, and Atmel Corp., and others., among others.
The report explores crucial aspects of the LED driver market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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