Constant current is expected to remain the largest segment in the global LED driver market


Posted July 5, 2022 by Lucintel

Trends, opportunities and forecast in LED driver market to 2027 by supply type (constant current and constant voltage)
 
Constant current is expected to remain the largest segment in the global LED
driver market
An exciting new study from the team of Lucintel found that LED driver market is
expected to reach $21.9 billion by 2027 with a CAGR of 15%. There are significant
money making opportunities available in this market and companies planning to enter
this market need to differentiate in order to maximize their return on investment.
Download Brochure of this report by clicking on https://www.lucintel.com/led-driver-
market.aspx
The LED driver market is segmented based on supply type, luminaire type, application,
and region. In this market, constant current is the largest segment by supply type,
whereas general lighting is largest by application. Players can benefit from the available
opportunities like to increasing penetration of LED lighting in automotive and building &
construction industry.
The development of visible light communication (VLC) led drivers and developments of
color tunable LED driver are emerging trends having impact on dynamics of the
industry.
Texas Instruments, Toshiba Semiconductor, STMicroelectronics, ON Semiconductor,
and ROHM Semiconductor are some of the major players profiled in this 183 page
report.
Request Sample Pages by clicking on
https://www.lucintel.com/led-driver-market.aspx
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the LED driver
market by supply type (constant current and constant voltage), luminaire type (type A

lamp, decorative lamp, T lamp, reflectors and others), applications (general lighting,
automotive lighting and backlighting), and 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 What are the business risks and threats to the LED driver market?
Q.4 What are some changing demands of customers in the LED driver market?
Q.5 What are the new developments in the LED driver market? Which companies are
leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business
growth?
Q.7 What are some of the competitive products and processes in this LED driver area
and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this LED driver market?
This unique report from Lucintel 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 click on this link [email protected]
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.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA

Email: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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Issued By Brandon Fitzgerald
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Last Updated July 5, 2022