Dallas, TX -- (SBWIRE) -- 06/09/2011 -- The E&SC practice at MarketsandMarkets is pleased to announce its “Analyst Briefing Presentation” on “Global LED Driver IC Market for Display & Lighting Applications (2010 – 2015) “ to be held on June 16, 2011.
The Global LED driver IC market is estimated to grow from $1,119.0 million in 2010 to $4,424.0 million in 2015, at an estimated CAGR of 31.6% from 2010 to 2015. Initiatives taken by the government to phase out demand for incandescent bulbs in lieu of high quality picture images, power efficient lighting offered by LED have increased the deployment and usage of LED driver IC in a range of applications such as displays and lighting.
Amongst these two applications, the LED driver IC market for lighting applications is expected to grow with a relatively high CAGR of 46.5% from 2010 to 2015. Display application accounted for the largest share; i.e. 80% of the overall the LED driver IC market generating $895.2 million in 2010 and is expected to generate $2,914.0 million in 2015 with a CAGR of 26.6% for the same period.
The Global LED driver IC Market has been segmented into four geographies: North America, Europe, Asia-Pacific (APAC), and ROW (Rest of World). Out of these four regions, APAC contributes the maximum towards the LED driver IC market. This is mainly due to the low manufacturing cost, presence of OEMs/ODMs, and tax exemptions such as exemption from corporate income tax for foreign semiconductor producers whose business terms are over ten years.
The market of LED driver IC is highly fragmented and comprises big industry giants and as well as small companies that are based in Asia-Pacific, Europe, and North America. Texas Instruments (U.S.), National Semiconductor (U.S.), ON Semiconductor (U.S.), NXP (Netherland), Linear Technology (U.S.), Maxim IC (U.S.), Power Integrators (U.S.), iWatt (U.S.), Macroblock (Taiwan), Fairchild (U.S.), Semtech (U.S.) and others that includes Supertex (U.S.), Austria Microsystems (Austria), Advanced Analogic Technologies (U.S.), Infineon Technologies (Germany), Intersil Corporation (U.S.), Rohm (Japan), Silicon Touch Technology (Taiwan), ST Microelectronics (Switzerland) are some of the key players in the LED driver IC market.
The agenda for the briefing includes discussion on key high growth markets, thereby marking the growth trend in the global LED driver ICs market. Furthermore, a briefing will be conducted on the competitive scenario and geographic trends and opportunities in the macro- and micro-markets with respect to North America, Europe, Asia-Pacific (APAC), and ROW (Rest of World).
http://www.marketsandmarkets.com/Market-Reports/led-driver-ic-390.html
http://www.marketsandmarkets.com/AnalystBriefing/led-driver-ic.asp
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