Germany Led Driver Market Size & Outlook, 2023-2030

The led driver market in Germany is expected to reach a projected revenue of US$ 4,600.8 million by 2030. A compound annual growth rate of 9.2% is expected of Germany led driver market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,481.9
Forecast, 2030 (US$M)
$4,600.8
CAGR, 2024 - 2030
9.2%
Report Coverage
Germany

Germany led driver market highlights

  • The Germany led driver market generated a revenue of USD 2,481.9 million in 2023 and is expected to reach USD 4,600.8 million by 2030.
  • The Germany market is expected to grow at a CAGR of 9.2% from 2024 to 2030.
  • In terms of segment, driver ic was the largest revenue generating component in 2023.
  • Driver IC is the most lucrative component segment registering the fastest growth during the forecast period.


Led driver market data book summary

Market revenue in 2023USD 2,481.9 million
Market revenue in 2030USD 4,600.8 million
Growth rate9.2% (CAGR from 2023 to 2030)
Largest segmentDriver ic
Fastest growing segmentDriver IC
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDriver IC, Discrete Component
Key market players worldwideMicrochip Technology Inc, Cree LED, Hubbell Inc, Signify NV, Samsung Electronics Co Ltd, Lutron Electronics, Macroblock, Analog Devices Inc, NXP Semiconductors NV, Onsemi Intelligent Technology, Ams-OSRAM AG, Rohm Co Ltd, STMicroelectronics NV, Texas Instruments Inc, Eaglerise Electric & Electronic, Ace Led Light Co.


Other key industry trends

  • In terms of revenue, Germany accounted for 5.0% of the global led driver market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, UK led driver market is projected to lead the regional market in terms of revenue in 2030.
  • UK is the fastest growing regional market in Europe and is projected to reach USD 6,973.0 million by 2030.

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LED Driver Market Scope

Led driver market segmentation & scope
Driver IC
Discrete Component
Others
Decorative Lamps
Reflectors
Type A Lamp
Others
Constant current
Constant voltage
Consumer Electronics
Lighting
Automotive
Outdoor Displays

LED Driver Market Companies

Name Profile # Employees HQ Website

Germany 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 41.56% in 2023. Horizon Databook has segmented the Germany led driver market based on driver ic, discrete component covering the revenue growth of each sub-segment from 2017 to 2030.


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Horizon Databook provides a detailed overview of country-level data and insights on the Germany led driver market , including forecasts for subscribers. This country databook contains high-level insights into Germany led driver market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Germany led driver market size, by component, 2017-2030 (US$M)

Germany LED Driver Market Outlook Share, 2023 & 2030 (US$M)

Germany led driver market size, by component, 2017-2030 (US$M)

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