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LED Driver Market for Lighting, by Driving Method (Constant Current and Constant Voltage), Luminaire Type (A-Type, T-Lamps, Reflectors, Integral Modules), Components (Driver IC and Discrete), End User Application, and Geography - Global Forecasts to 2022

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Date: 29-Apr-2016
No. of pages: 153
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“LED driver market for lighting expected to grow at a high CAGR of 26.3% between 2016 and 2022”

The LED driver market for lighting is expected to reach USD 24.98 billion by 2022, at a CAGR of 26.3% between 2016 and 2022. High penetration of LED in lighting applications such as office complexes, retail outlets, street lights, and rapidly growing usage within the residential lighting applications for households due to increased focus on energy-efficient lighting are the major drivers for growth of the market.  

“Outdoor & traffic lighting expected to lead the end-user application of the LED driver for lighting during the forecast period”

Outdoor & traffic lighting applications such as roadway lighting, street lighting, highway &tunnel lighting are the major adopters of the LED lighting. As local authorities all over the world are trying to reduce the energy consumption for economic and environmental purposes, LED lighting is slowly becoming their real choice.

“Asia-Pacific expected to hold the largest market share during the forecast period”

Asia-Pacific is also estimated to grow at the highest rate in the overall market till 2022. Combination of multiple factors make Asia-Pacific the most dynamic region in LED driver market for lighting. Asia-Pacific has some of the fastest-growing emerging economies in the form of India and China; it also has technologically and economically advanced economies of Japan and South Korea. Furthermore, there are many countries within Asia-Pacific which are still seeing rapid urbanization; hence, the overall growth and demand for infrastructure is higher compared to Europe and North America. Since the global initiatives for carbon reductions depend largely on the regions, countries in the Asia-Pacific region have started bringing in regulations to increase the usage of LED lighting which is giving a major flip to growth of the market for LED lighting and consequently of the LED driver market for lighting.    

In the process of determining and verifying the market size for several segments and subsegments of the LED driver market for lighting gathered through the secondary research, extensive primary interviews have been conducted with key people. Breakup of the profiles of primary participants is shown below:


  • By Company Type: Tier 1 – 20%, Tier 2 – 45%, and Tier 3 – 35%

  • By Designation: C-Level – 35%, Director Level – 25%, and Others – 40%

  • By Region: North America – 45%, Europe – 20%, APAC – 30%, and RoW – 5%


The geographic segmentation in the report covers four major regions of the world, namely,North America, Europe, APAC, and RoW. The report also profiles major players in the LED driver market for lighting. Some of the major players in this market are Osram GmbH (Germany), Harvard Engineering (U.K.), Texas Instruments (U.S.), Maxim Integrated (U.S.), Macroblock, Inc. (Taiwan), Atmel Corporation (U.S.), General Electric (U.S.), Cree, Inc. (U.S.), Rohm Semiconductors (Japan).

Reasons to Buy the Report:

This report caters to the needs of leading companies, industries, component manufacturers, and other related stakeholders in this market. Other parties that could benefit from the report include government bodies, environmental agencies, consulting firms, business development executives, C-level employees, and VPs. Our report would help analyze new opportunities and potential revenue sources and enhance the decision-making process for new business strategies. The quantitative and qualitative information in the report, along with our comprehensive analysis, would help a player to gain an edge in the market.

LED Driver Market for Lighting, by Driving Method (Constant Current and Constant Voltage), Luminaire Type (A-Type, T-Lamps, Reflectors, Integral Modules), Components (Driver IC and Discrete), End User Application, and Geography - Global Forecasts to 2022

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.3.3 Years Considered for the Study
1.4 Currency
1.5 Package Size
1.6 Limitations
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
2.4.1 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Global LED Driver Market for Lighting
4.2 LED Driver Market for Lighting, By Driving Method
4.3 Market for Lighting,By End-User Application
4.4 Market for Lighting, By Luminaire Type
4.5 Market for Lighting, By Geography

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 LED Driver Market for Lighting, By Driving Method
5.2.2 Market for Lighting, By End-User Application
5.2.3 Market for Lighting, By Luminaire Type
5.2.4 Market for Lighting, By Geography
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Growing Adoption of LED Lighting in General Lighting Applications
5.3.1.2 Increasing Demand for Energy-Efficient Lighting Systems
5.3.1.3 Convergence of Iot and Lighting
5.3.1.4 Acceptance of Standard Protocols for Lighting Control
5.3.2 Restraints
5.3.2.1 False Notion About the High Cost for the Installation of LED Driver
5.3.3 Opportunities
5.3.3.1 Development of Wireless Technologies
5.3.3.2 Development of Programmable LED Drivers
5.3.4 Challenges
5.3.4.1 Lack of Common Standards Among Various Manufacturers

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.2.1 Research and Development
6.2.2 Component Manufacturers of LED Drivers
6.2.3 Key Distributors
6.2.4 End-User Applications
6.3 Key Industry Trends
6.4 Porter’s Five Forces
6.4.1 Bargaining Power of Suppliers
6.4.2 Bargaining Power of Buyers
6.4.3 Threat of New Entrants
6.4.4 Threat of Substitutes
6.4.5 Competitive Rivalry

7 LED Driver Market for Lighting, By Driving Method
7.1 Introduction
7.2 Constant Current LED Drivers
7.2.1 Constant Current Dimmable LED Drivers
7.2.1.1 Pulse Width Modulation (PWM) Dimming
7.2.1.2 Constant Current Reduction (CCR) Dimming
7.3 Constant Voltage LED Drivers

8 LED Driver Market for Lighting, By End-User Application
8.1 Introduction
8.2 Commercial Lighting
8.2.1 Addition of Flexible Controls for Lighting
8.3 Industrial Lighting
8.3.1 Safety in Industrial Areas for Workers
8.4 Residential Lighting
8.4.1 Increasing Standard of Living
8.5 Outdoor & Traffic Lighting
8.5.1 Different Lighting Controls for Different Types of Roads
8.6 Others

9 LED Driver Market for Lighting, By Luminaire Type
9.1 Introduction
9.2 Type A Lamps (Bulbs)
9.3 Decorative Lamps (B, Ba, C, Ca, F, and G Replacement Lamps)
9.4 T Lamps (Tubular)
9.5 Reflectors
9.6 Integral Modules
9.7 Other Lamps

10 LED Driver Market for Lighting, By Component
10.1 Introduction
10.2 Driver ICS
10.3 Discrete Components
10.4 Others

11 LED Driver Market for Lighting, By Geography
11.1 Introduction
11.2 North America
11.2.1 U.S.
11.2.1.1 Market Expected to Be Driven By New Entrants and Offerings
11.2.2 Canada
11.2.2.1 Canadians Interest in Adopting LED Lighting Systems
11.2.3 Mexico
11.2.3.1 Government Encouragement Expected to Boost the Market
11.3 Europe
11.3.1 U.K.
11.3.1.1 Presence of the Lighting Industry Association
11.3.2 Germany
11.3.2.1 Known for Manufacturing Capabilities
11.3.3 France
11.3.3.1 Eu Member Nation
11.3.4 Rest of Europe
11.3.4.1 Growing Economic Conditions
11.4 APAC
11.4.1 China
11.4.1.1 Largest Market in the Asia-Pacific Region
11.4.2 Japan
11.4.2.1 Focus on Energy Management Solutions
11.4.3 Rest of APAC
11.4.3.1 Australia and Indonesia are Emerging Markets With Significant Potential
11.5 RoW
11.5.1 Focus on Real Estate

12 Competitive Landscape
12.1 Introduction
12.2 Market Ranking of Players, 2015
12.3 Competitive Scenario and Trends
12.3.1 New Product Launches and Expansions
12.3.2 Partnerships, Agreements, Joint Ventures, and Collaborations
12.3.3 Mergers & Acquisitions, 2013

13 Company Profiles
(Overview, Products and Services, Financials, Strategy & Development)*
13.1 Introduction
13.2 Koninklijke Philips N.V.
13.3 Osram GmbH
13.4 Harvard Engineering
13.5 Texas Instruments, Inc.
13.6 Maxim Integrated, Inc.
13.7 Macroblock, Inc.
13.8 Atmel Corporation
13.9 General Electric
13.10 Cree, Inc.
13.11 Rohm Semiconductors
13.12 On Semiconductor
13.13 AC Electronics

*Details on Overview, Products and Services, Financials, Strategy & Development Might Not Be Captured in Case of Unlisted Companies.

14 Appendix
14.1 Insights of Industry Experts
14.2 Discussion Guide
14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
14.4 Introducing RT: Real-Time Market Intelligence
14.5 Available Customizations
14.6 Related Reports

List of Tables

Table 1 Global LED Drivers Market Size for Lighting, 2013–2022
Table 2 Market, By Driving Method
Table 3 Market, By End-User Application
Table 4 Market, By Luminaire Type
Table 5 Growing Adoption of LED Lighting is Expected to Drive the Growth of the LED Driver Market for Lighting
Table 6 Comparison of Costs: Conventional Lights vs LEDs
Table 7 Lack of Awareness Regarding Installation of LED Drivers is Restraining the Market Growth
Table 8 Development of Wireless Technologies Presents A Key Growth Area for Market for Lighting
Table 9 Lack of Common Standards are Proving to Be A Challenge for the Market for Lighting
Table 10 Market Size, By Driving Method, 2013–2022 (USD Million)
Table 11 Market Size, By Driving Method, 2013–2022 (Million Units)
Table 12 Market Size, By Dimming Type, 2013–2022 (USD Million)
Table 13 Market Size, By Dimming Type, 2013–2022 (Million Units)
Table 14 Constant Current LED Driver Market Size, By Dimming Type, 2013–2022 (USD Million)
Table 15 Constant Current LED Driver Market Size, By Dimming Type, 2013–2022 (Million Units)
Table 16 Constant Current LED Driver Market Size, By End-User Application, 2013–2022 (USD Million)
Table 17 Constant Current LED Driver Market Size, By Region, 2013–2022 (USD Million)
Table 18 Constant Voltage LED Driver Market Size, By Dimming Type, 2013–2022 (USD Million)
Table 19 Constant Voltage LED Driver Market Size, By Dimming Type, 2013–2022 (Million Units)
Table 20 Constant Voltage LED Driver Market Size, By End-User Application, 2013–2022 (USD Million)
Table 21 Constant Voltage LED Driver Market Size, By Region, 2013–2022 (USD Million)
Table 22 Market Size, By End-User Application, 2013–2022 (USD Million)
Table 23 Market Size for Commercial Lighting, By Driving Method, 2013–2022 (USD Million)
Table 24 Market Size in Commercial Lighting, By Region, 2013–2022 (USD Million)
Table 25 Market Size in Commercial Lighting, By Luminaire Type, 2013–2022 (USD Million)
Table 26 Market Size in Commercial Lighting, By Luminaire Type, 2013–2022 (Million Units)
Table 27 Market Size in Industrial Lighting, By Driving Method, 2013–2022 (USD Million)
Table 28 Market Size in Industrial Lighting, By Region, 2013–2022 (USD Million)
Table 29 Market Size in Industrial Lighting, By Luminaire Type, 2013–2022 (USD Million)
Table 30 LED Driver Market Size in Industrial Lighting, By Luminaire Type, 2013–2022 (Million Units)
Table 31 Market Size in Residential Lighting, By Driving Method, 2013–2022 (USD Million)
Table 32 Market Size in Residential Lighting, By Region, 2013–2022 (USD Million)
Table 33 Market Size in Residential Lighting, By Luminaire Type, 2013–2022 (USD Million)
Table 34 Market Size in Residential Lighting, By Luminaire Type, 2013–2022 (Million Units)
Table 35 LED Driver Market Size in Outdoor & Traffic Lighting, By Driving Method, 2013–2022 (USD Million)
Table 36 Market Size in Outdoor & Traffic Lighting, By Region, 2013–2022 (USD Million)
Table 37 Market Size in Outdoor & Traffic Lighting, By Luminaire Type, 2013–2022 (USD Million)
Table 38 Market Size in Outdoor & Traffic Lighting, By Luminaire Type, 2013–2022 (Million Units)
Table 39 Market Size in Other End-User Applications, By Driving Method, 2013–2022 (USD Million)
Table 40 Market Size in Other End-User Applications, By Region, 2013–2022 (USD Million)
Table 41 Market Size in Other End-User Applications, By Luminaire Type, 2013–2022 (USD Million)
Table 42 LED Driver Market Size in Other End-User Applications, By Luminaire Type, 2013–2022 (Million Units)
Table 43 Market Size, By Luminaire Type, 2013–2022 (USD Million)
Table 44 Market Size, By Luminaire Type, 2013–2022 (Million Units)
Table 45 Market Size for Type A Lamps, By End-User Application, 2013–2022 (USD Million)
Table 46 Market Size for Type A Lamps, By End-User Application, 2013–2022 (Million Units)
Table 47 Market Size for T Lamps, By End-User Application, 2013–2022 (USD Million)
Table 48 Market Size for T Lamps, By End-User Application, 2013–2022 (Million Units)
Table 49 Market Size for Reflectors, By End-User Application, 2013–2022 (USD Million)
Table 50 LED Driver Market Size for Reflectors, By End-User Application, 2013–2022 (Million Units)
Table 51 Market Size for Integral Modules, By End-User Application, 2013–2022 (USD Million)
Table 52 Market Size for Integral Modules, By End-User Application, 2013–2022 (Million Units)
Table 53 Market Size for Other Lamps, By End-User Application, 2013–2022 (USD Million)
Table 54 Market Size for Other Lamps, By End-User Application, 2013–2022 (Million Units)
Table 55 LED Driver Market Size, By Component, 2013–2022 (USD Million)
Table 56 Market Size for Driver ICS, By Component, 2013–2022
Table 57 LED Driver Market Size, By Region, 2013–2022 (USD Million)
Table 58 Market Size in North America, By End-User Application, 2013–2022 (USD Million)
Table 59 Market Size in North America, By Driving Method, 2013–2022 (USD Million)
Table 60 LED Driver Market Size in North America, By Country, 2013–2022 (USD Million)
Table 61 Market Size in Europe, By End-User Application, 2013–2022 (USD Million)
Table 62 LED Driver Market Size in Europe, By Driving Method, 2013–2022 (USD Million)
Table 63 Market Size in Europe, By Country, 2013–2022 (USD Million)
Table 64 Market Size in APAC, By End-User Application, 2013–2022 (USD Million)
Table 65 Market Size in APAC, By Driving Method, 2013–2022 (USD Million)
Table 66 Market Size in APAC, By Country, 2013–2022 (USD Million)
Table 67 Market Size in RoW, By End-User Application, 2013–2022 (USD Million)
Table 68 Market Size in RoW, By Driving Method, 2013–2022 (USD Million)
Table 69 Market Size in RoW, By Region, 2013–2022 (USD Million)
Table 70 Market Size in RoW, By Country, 2013–2022 (USD Million)
Table 71 Ranking Based on LED Driver Module Offerings in the Market for Lighting, 2015
Table 72 Ranking Based on LED Driver ICS in the Market for Lighting, 2015
Table 73 New Product Launches and Expansions in Market, 2015–2016
Table 74 Partnerships, Agreements, Joint Ventures, Collaborations in the Market, 2015–2016
Table 75 Mergers & Acquistions in the LED Market, 2013

List of Figures

Figure 1 LED Driver Market for Lighting
Figure 2 Market for Lighting: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Assumptions of the Research Study
Figure 7 Global LED Drivers Market Size for Lighting in Terms of Value, 2013–2022
Figure 8 Residential Lighting End-User Application Expected to Grow at the Highest Rate By 2022
Figure 9 Market for Constant Current LED Drivers Expected to Show Faster Growth Compared to Market for Constant Voltage LED Drivers
Figure 10 LED Drivers Market for LED Modules Expected to Dominant During the Forecast Period
Figure 11 Global LED Driver Market for Lighting, By Geography, 2015
Figure 12 Global LED Drivers Market for Lighting Presents Lucrative Opportunities
Figure 13 Constant Current LED Drivers are Expected to Dominate the LED Drivers Market Based on Driving Method During the Forecast Period
Figure 14 Market for the Residential Lighting End-User Application Would Grow at the Highest Rate During the Forecast Period
Figure 15 LED Modules Expected to Dominate the LED Drivers Market Based on Luminaire Type By 2022
Figure 16 APAC Market Expected to Grow at the Highest Growth Rate During the Forecast Period
Figure 17 Market for Lighting, By Geography
Figure 18 Market Dynamics: Overview
Figure 19 Global LED Market Size, 2014 vs 2018 (In USD Billion)
Figure 20 Annual Energy Consumption in U.S. for Commercial Buildings, 2011
Figure 21 Market for Lighting: Value Chain Analysis
Figure 22 Vertical Integration — the Leading Trend Among Key Market Players
Figure 23 Porter’s Five Forces Analysis for the LED Driver Market for Lighting
Figure 24 Porter’s Five Forces: Impact Analysis
Figure 25 Bargaining Power of Suppliers in the Market for Lighting, 2015
Figure 26 Bargaining Power of Buyers in the Market for Lighting, 2015
Figure 27 Threat of New Entrants in the Market for Lighting, 2015
Figure 28 Threat of Substitutes in the Market for Lighting, 2015
Figure 29 Competitive Rivalry in the Market for Lighting, 2015
Figure 30 Market for Lighting, By Driving Method
Figure 31 Market for Lighting, By Dimming Type (Million Units)
Figure 32 Constant Current LED Driver Market, By Region (USD Million) 2016 to 2022
Figure 33 Constant Voltage LED Driver Market for Lighting, By End-User Application (USD Million)
Figure 34 Market for Lighting, By End-User Application
Figure 35 Market for Commercial Lighting, By Driving Method (USD Million) 2016 to 2022
Figure 36 Industrial LED Driver Market, By Region, 2016–2022 (USD Million)
Figure 37 Residential LED Driver Market, By Luminaire Type, 2016–2022 (USD Million)
Figure 38 LED Driver Market in Outdoor & Traffic Lighting, By Luminaire Type, 2016–2022 (Million Units)
Figure 39 Market for Lighting, By Luminaire Type
Figure 40 Market for Type A Lamps, By End-User Application, 2016–2022 (USD Million)
Figure 41 Market for Integral Modules, By End-User Application, 2016–2022 (Million Units)
Figure 42 Market for Lighting, By Component
Figure 43 Geographic Snapshot: LED Driver Market for Lighting in Mexico Expected to Grow at the Highest Rate Between 2016 and 2022
Figure 44 North America: Market for Lighting Snapshot
Figure 45 Europe: Market for Lighting Snapshot
Figure 46 APAC: LED Driver for Lighting Market Snapshot
Figure 47 Companies Adopted Product Innovation as the Key Growth Strategy
Figure 48 Market Evaluation Framework: New Product Launches Fuelled the Growth and Innovation Between 2013 and 2015
Figure 49 Battle for Market Share: New Product Launches & Expansions Were the Key Strategies Adopted Between 2013 and 2015
Figure 50 Geographic Revenue Mix of Major Players in the Market, 2015
Figure 51 Koninklijke Philips N.V.: Company Snapshot
Figure 52 Koninklijke Philips N.V.: SWOT Analysis
Figure 53 Osram GmbH: Company Snapshot
Figure 54 Osram GmbH: SWOT Analysis
Figure 55 Harvard Engineering: SWOT Analysis
Figure 56 Texas Instruments, Inc.: Company Snapshot
Figure 57 Texas Instruments, Inc.: SWOT Analysis
Figure 58 Maxim Integrated, Inc.: Company Snapshot
Figure 59 Maxim Integrated, Inc.: SWOT Analysis
Figure 60 Macroblock, Inc.: Company Snapshot
Figure 61 Atmel Corporation: Company Snapshot
Figure 62 General Electric: Company Snapshot
Figure 63 General Electric: SWOT Analysis
Figure 64 Cree, Inc. Company Snapshot
Figure 65 Rohm Semiconductors: Company Snapshot
Figure 66 On Semiconductor: Company Snapshot

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