UK Led Driver Market Size & Outlook, 2023-2030
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UK led driver market highlights
- The UK led driver market generated a revenue of USD 3,527.5 million in 2023 and is expected to reach USD 6,973.0 million by 2030.
- The UK market is expected to grow at a CAGR of 10.2% 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 2023 | USD 3,527.5 million |
| Market revenue in 2030 | USD 6,973.0 million |
| Growth rate | 10.2% (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, UK accounted for 7.1% 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 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 |
UK 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 41.7% in 2023. Horizon Databook has segmented the UK 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 UK led driver market , including forecasts for subscribers. This country databook contains high-level insights into UK led driver market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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UK led driver market size, by component, 2017-2030 (US$M)
UK LED Driver Market Outlook Share, 2023 & 2030 (US$M)
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