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Global Low Voltage DC-DC LED Drivers Market Is Expected to Reach US$ 990 Mn by 2025

Low Voltage DC-DC LED Drivers Market with Manufacturers, Countries, Type and Application, Forecast to 2025, New Research Report Announced by The QY Research. The report Contain Segmentation, Current Trends, Emerging Challenges, Strategic Alliances.

 

Los Angeles, CA -- (SBWIRE) -- 02/26/2019 -- This report studies the global Low Voltage DC-DC LED Drivers market status and forecast, categorizes the global Low Voltage DC-DC LED Drivers market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).

Due to increasing energy regulations, most people are familiar by now with the long life spans and energy savings associated with LEDs, or light-emitting diodes. And these innovative light sources require specialized devices called LED drivers to operate. LED drivers (also known as LED power supplies) are similar to ballasts for fluorescent lamps or transformers for lowvoltage bulbs: they provide LEDs with the electricity they require to function and perform at their best. LED drivers convert higher voltage, alternating current to low voltage, direct current. They also keep the voltage and current flowing through an LED circuit at its rated level. This report studies the Low Voltage DC-DC LED Drivers market.

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Asia-Pacific has the largest global export quantity and manufacturers in Low Voltage DC-DC LED Drivers market, while the North America is the second sales volume market for Low Voltage DC-DC LED Drivers in 2016.

In the industry, Texas Instruments profits most in 2016 and recent years, while Linear Technology and Diodes Incorporated ranked 2 and 3.The market share of them is 24.56%, 11.19% and 9.01% in 2016.The gap of market share is keep on enlarged due to different strategy.

Nowadays, there are three mainly types of Low Voltage DC-DC LED Drivers, including Buck, Boost and Multi-channel. And Buck is the main type for Low Voltage DC-DC LED Drivers, and the Buck reached a sales volume of approximately 596.60 M Unit in 2016, with 61.12% of global sales volume.

Low Voltage DC-DC LED Drivers technology is much mature now, and new enterprises can not surpass existing famous brands on reputation or design in the short term. So, the study group recommends the new entrants need to be considered carefully before enter into this field.

The global Low Voltage DC-DC LED Drivers market is valued at 550 million US$ in 2017 and will reach 990 million US$ by the end of 2025, growing at a CAGR of 7.7% during 2018-2025.

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The major players covered in this report

Texas Instruments

Linear Technology

Diodes Incorporated

STMicroelectronics

Monolithic power systems

Infineon

ON Semiconductor

Richtek

ISSI

Fitipower

XP Power

LUXdrive

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

Buck

Boost

Multi-channel

Others

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including

LED Lighting

Consumer Electronics

Others

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