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The infographic below contains key findings from our analysis of the LED driver market
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The integration of LEDs with dimmers will help in reducing the consumption of energy. Dimmed lights provide a aesthetic look to restaurants, shops, theatres, and office complexes. Lighting dimmers also promote green environment due to reduced energy consumption, while, extending the durability of LEDs. The increasing requirements for light dimming features to be one of the primary LED driver market drivers. Advantages of dimming are influencing the demand for suitable drivers that support the dimming process effectively as a poor-quality dimmer may lead the dimmer to fail. The LED driver market report predicts the market to grow steadily at a CAGR of more than 8% by 2021.
Owing to the widespread prevalence of climatic issues, several initiatives are focused on developing the zero-energy building, or a zero-net energy (ZNE) building. This building’s annual energy consumption is zero as the amount of renewable energy created on the site is adjusted. ZNE buildings use an extensive network of energy-efficient LEDs with longer life span. Governments in several regions are extensively funding the ZNE project. The shifting trend toward zero-energy buildings is identified to be one of the key factors positively impacting the LED driver market growth.
The LED driver market is intensely fragmented owing to the presence of several key international and regional players. LED driver vendors compete intensely in terms of customer base, experience, product portfolio, geographical presence, financial condition, and R&D. Vendors in the LED dimmer market are competing in terms of revenue and market dominance in terms of price, product reliability, and functionality
According to the LED driver market research, the leading vendors in the market are
The other prominent vendors in the market are ams, Harvard Technology, Lutron Electronics, NXP Semiconductors, Philips Lighting, Power Integrations, ROHM Semiconductor, and Skyworks Solutions.
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Constant current LED drivers offer several advantages that increase their suitability for LED lighting manufacturers. Constant current LED drivers operate at a constant current and ensures consistent brightness across all LEDs. These are optimal for high-power LEDs and the growing demand for high-power LEDs will boost the LED dimmer market for constant current LED drivers.
LED drivers are primarily used in backlighting applications owing to the growing demand for mobile computing devices such as smartphones and tablets. Low-end smartphones with advanced features such as backlight and flexible displays will further contribute to the growth of this segment in the LED dimmer market. These display further demand for an LED driver to regulate the current or voltage levels.
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product type
PART 07: Market segmentation by application
PART 08: Geographical segmentation
PART 09: Key leading countries
PART 10: Decision framework
PART 11: Drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
PART 15: Appendix
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