Global Led Driver Market Size & Outlook, 2026-2033

The global led driver market size was estimated at USD 57,865.7 million in 2025 and is projected to reach USD 123,539.0 million by 2033, growing at a CAGR of 10.1% from 2026 to 2033.
Revenue, 2025 (US$M)
$57,865.7
Forecast, 2033 (US$M)
$123,539.0
CAGR, 2026 - 2033
10.1%
Report Coverage
Worldwide

Global led driver market highlights

  • The global led driver market generated a revenue of USD 57,865.7 million in 2025 and is expected to reach USD 123,539.0 million by 2033.
  • The market is expected to grow at a CAGR (2026 - 2033) of 10.1% by 2033.
  • In terms of segment, driver ic accounted for a revenue of USD 26,587.7 million in 2025.
  • Driver IC is the most lucrative component segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2025.
  • Country-wise, Taiwan is expected to register the highest CAGR from 2026 to 2033.

Global data book summary

Market revenue in 2025USD 57,865.7 million
Market revenue in 2033USD 123,539.0 million
Growth rate10.1% (CAGR from 2026 to 2033)
Largest segmentDriver ic
Fastest growing segmentDriver IC
Historical data covered2021 - 2024
Base year for estimation2025
Forecast period covered2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationDriver IC, Discrete Component

Other key industry trends

  • In terms of revenue, the North America accounted for 23.7% of the global led driver market in 2025.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2033.
  • By country, Taiwan is the fastest growing regional market and is projected to reach USD 9,359.8 million by 2033.

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LED Driver Market Companies

Name Profile # Employees HQ Website
Ace Led Light Co. View profile 101-250 Shenzhen, Guangdong, China, Asia https://aceledlight.com
Eaglerise Electric & Electronic View profile 1001-5000 Foshan, Guangdong, China, Asia http://www.eaglerise.com/
Onsemi Intelligent Technology View profile 10001+ Phoenix, Arizona, United States, North America http://www.onsemi.com
Macroblock View profile 101-250 Hsinchu, T'ai-wan, Taiwan, Asia http://www.mblock.com.tw
Lutron Electronics View profile 1001-5000 Coopersburg, Pennsylvania, United States, North America http://www.lutron.com/
Cree LED View profile 101-250 Durham, North Carolina, United States, North America https://cree-led.com
Hubbell Inc View profile 18400 40 Waterview Drive, Shelton, CT, United States, 06484 https://www.hubbell.com
Signify NV View profile 31920 High Tech Campus 48, Eindhoven, Netherlands, 5656 AE https://www.signify.com
Ams-OSRAM AG View profile 22461 Tobelbader Strasse 30, Premstaetten, Austria, 8141 https://www.ams-osram.com
Microchip Technology Inc View profile 22600 2355 West Chandler Boulevard, Chandler, AZ, United States, 85224-6199 https://www.microchip.com
NXP Semiconductors NV View profile 34200 60 High Tech Campus, Eindhoven, NB, Netherlands, 5656 AG https://www.nxp.com
Texas Instruments Inc View profile 34000 12500 TI Boulevard, Dallas, TX, United States, 75243 https://www.ti.com
Analog Devices Inc View profile 26000 One Analog Way, Wilmington, MA, United States, 01887 https://www.analog.com
Rohm Co Ltd View profile 23751 21, Saiin Mizosaki-cho, Ukyo-ku, Kyoto, Japan, 615-8585 http://www.rohm.co.jp
Samsung Electronics Co Ltd View profile 124804 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 https://www.samsung.com
STMicroelectronics NV View profile 51323 39, Chemin du Champ des Filles, Plan-Les-Ouates, Geneva, Switzerland, 1228 https://www.st.com

Global led driver market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to led driver market will help companies and investors design strategic landscapes.


Driver ic was the largest segment with a revenue share of 45.95% in 2025. Horizon Databook has segmented the Global led driver market based on driver ic, discrete component covering the revenue growth of each sub-segment from 2021 to 2033.


  • Global LED Driver Component Outlook (Revenue, USD Million, 2021-2033)
    • Driver IC
    • Discrete Component
    • Others
  • Global LED Driver Luminaire Type Outlook (Revenue, USD Million, 2021-2033)
    • Type A Lamp
    • Decorative Lamps
    • Reflectors
    • Others
  • Global LED Driver Supply Type Outlook (Revenue, USD Million, 2021-2033)
    • Constant current
    • Constant voltage
  • Global LED Driver Application Outlook (Revenue, USD Million, 2021-2033)
    • Automotive
    • Consumer Electronics
    • Outdoor Displays
    • Lighting

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Horizon Databook provides a detailed overview of global-level data and insights on the Global led driver market , including forecasts for subscribers. This global databook contains high-level insights into Global led driver market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Global led driver market size, by regions, 2021-2033 (US$M)

Top 10 countries: Led driver market size, 2025 (US$M)

Global led driver market share, by component, 2025 & 2033 (%, US$M)

Led driver market: Opportunity assessment by country

Global led driver market, by region, 2025 (US$M)

Global led driver market size, by regions, 2021-2033 (US$M)

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