Low Voltage DC-DC LED Drivers Market

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. Low Voltage DC-DC LED Drivers Market studies the Low Voltage DC-DC LED Drivers market.

Low Voltage DC-DC LED Drivers Market contains market size and forecasts of Low Voltage DC-DC LED Drivers in global, including the following market information:

Global Low Voltage DC-DC LED Drivers Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Low Voltage DC-DC LED Drivers Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Low Voltage DC-DC LED Drivers companies in 2021 (%)

The global Low Voltage DC-DC LED Drivers market was valued at 789.2 million in 2021 and is projected to reach US$ 1390 million by 2028, at a CAGR of 8.4% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Buck Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Low Voltage DC-DC LED Drivers include Texas Instruments, Analog Devices, Diodes Incorporated, STMicroelectronics, Monolithic power systems, MEAN WELL, Infineon, ON Semiconductor and Richtek, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Low Voltage DC-DC LED Drivers manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Low Voltage DC-DC LED Drivers Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Low Voltage DC-DC LED Drivers Market Segment Percentages, by Type, 2021 (%)

Buck

Boost

Multi-channel

Others

Global Low Voltage DC-DC LED Drivers Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Low Voltage DC-DC LED Drivers Market Segment Percentages, by Application, 2021 (%)

LED Lighting

Consumer Electronics

Others

Global Low Voltage DC-DC LED Drivers Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Low Voltage DC-DC LED Drivers Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Low Voltage DC-DC LED Drivers revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Low Voltage DC-DC LED Drivers revenues share in global market, 2021 (%)

Key companies Low Voltage DC-DC LED Drivers sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Low Voltage DC-DC LED Drivers sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Texas Instruments

Analog Devices

Diodes Incorporated

STMicroelectronics

Monolithic power systems

MEAN WELL

Infineon

ON Semiconductor

Richtek

ISSI

Fitipower

XP Power

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