Global Led Driver Market Size & Outlook, 2023-2030
Global led driver market, 2017-2030 (US$M)
Related Markets
Global led driver market highlights
- The global led driver market generated a revenue of USD 49,629.2 million in 2023 and is expected to reach USD 91,185.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 9.1% by 2030.
- In terms of segment, driver ic accounted for a revenue of USD 20,751.4 million in 2023.
- 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 2023.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 49,629.2 million |
| Market revenue in 2030 | USD 91,185.7 million |
| Growth rate | 9.1% (CAGR from 2023 to 2030) |
| Largest segment | Driver ic |
| Fastest growing segment | Driver IC |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Driver IC, Discrete Component |
Other key industry trends
- In terms of revenue, the North America accounted for 23.4% of the global led driver market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 2,492.3 million by 2030.
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LED Driver Market Scope
LED Driver Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
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 41.81% in 2023. Horizon Databook has segmented the Global led driver market based on driver ic, discrete component covering the revenue growth of each sub-segment from 2017 to 2030.
- Global LED Driver Component Outlook (Revenue, USD Million, 2017-2030)
- Driver IC
- Discrete Component
- Others
- Global LED Driver Luminaire Type Outlook (Revenue, USD Million, 2017-2030)
- Decorative Lamps
- Reflectors
- Type A Lamp
- Others
- Global LED Driver Supply Type Outlook (Revenue, USD Million, 2017-2030)
- Constant current
- Constant voltage
- Global LED Driver Application Outlook (Revenue, USD Million, 2017-2030)
- Consumer Electronics
- Lighting
- Automotive
- Outdoor Displays
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Target buyers of Global led driver market databook
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Our clientele includes a mix of led driver market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
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 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global led driver market size, by regions, 2017-2030 (US$M)
Top 10 countries: Led driver market size, 2023 (US$M)
Global led driver market share, by component, 2023 & 2030 (%, US$M)
Led driver market: Opportunity assessment by country
Global led driver market, by region, 2023 (US$M)
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