Taiwan Led Driver Market Size & Outlook, 2023-2030
Taiwan led driver market, 2017-2030 (US$M)
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Taiwan led driver market highlights
- The Taiwan led driver market generated a revenue of USD 3,327.7 million in 2023 and is expected to reach USD 6,483.5 million by 2030.
- The Taiwan market is expected to grow at a CAGR of 10% 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 2023 | USD 3,327.7 million |
| Market revenue in 2030 | USD 6,483.5 million |
| Growth rate | 10% (CAGR from 2023 to 2030) |
| Largest segment | Driver ic |
| Fastest growing segment | Driver IC |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Driver IC, Discrete Component |
| Key market players worldwide | Microchip 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, Taiwan accounted for 6.7% 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 Asia Pacific, China led driver market is projected to lead the regional market in terms of revenue in 2030.
- Taiwan is the fastest growing regional market in Asia Pacific and is projected to reach USD 6,483.5 million by 2030.
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LED Driver Market Scope
LED Driver Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Taiwan 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 41.79% in 2023. Horizon Databook has segmented the Taiwan 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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Our clientele includes a mix of led driver market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Taiwan led driver market , including forecasts for subscribers. This country databook contains high-level insights into Taiwan led driver market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Taiwan led driver market size, by component, 2017-2030 (US$M)
Taiwan LED Driver Market Outlook Share, 2023 & 2030 (US$M)
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