Global LED Driver Market Value of USD 24.98 Billion by 2022 - Trends, Technologies & Opportunities Report 2016-2022 - Key Vendors: General Electric, Harvard Engineering, Texas Instruments

May 06, 2016, 16:10 ET from Research and Markets

DUBLIN, May 6, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "LED Driver Market for Lighting, by Driving Method, Luminaire Type, Components, End User Application, and Geography - Global Forecasts to 2022" report to their offering. 

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The global LED driver market for lighting is expected to exhibit high growth potential till 2022. The overall market is expected to reach USD 24.98 Billion by 2022, at a CAGR of 26.3% between 2016 and 2022. Growing adoption of LED lighting, in general lighting applications, increasing demand for energy-efficient lighting systems, integration of IoT and lighting, and acceptance of standard protocols for lighting control are the major factors driving the growth of this market. 

Constant current LED drivers are expected to be the dominant LED driver by driving method during the forecasted period. The reason for the dominance of constant current LED drivers over constant voltage LED drivers is because they avoid violating the maximum current specified for the LEDs, therefore, avoiding burnout/thermal runaway. 

The market for LED drivers segmented on the basis of luminaire type is expected to be dominated by Type-A lamps. Lamps with integrated modules are expected to witness the fastest growth as fully integrated modules inside an LED system are preferred over conventionally assembled LED systems for the end users as it helps in cost cutting. 

Key Topics Covered:

  • Analysis of all the end-user applications in which LED drivers for lighting are used worldwide
  • Analysis of various LED drivers sold to these industries
  • Analysis of the penetration of LED drivers in these industries
  • Estimation of the market size in terms of volume
  • Estimation of the market size of the LED drivers in end-user applications by driving method

Companies Mentioned:  

  • AC Electronics
  • Atmel Corporation
  • Cree, Inc.
  • General Electric
  • Harvard Engineering
  • Koninklijke Philips N.V.
  • Macroblock, Inc.
  • Maxim Integrated, Inc.
  • On Semiconductor
  • Osram GmbH
  • Rohm Semiconductors
  • Texas Instruments, Inc.

Report Structure: 

1 Introduction 

2 Research Methodology 

3 Executive Summary 

4 Premium Insights 

5 Market Overview 

6 Industry Trends 

7 LED Driver Market for Lighting, By Driving Method 

8 LED Driver Market for Lighting, By End-User Application 

9 LED Driver Market for Lighting, By Luminaire Type 

10 LED Driver Market for Lighting, By Component 

11 LED Driver Market for Lighting, By Geography 

12 Competitive Landscape 

13 Company Profiles 

14 Appendix

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SOURCE Research and Markets