Global Low Voltage DC-DC LED Drivers Market Growth 2019-2024

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.
Asia-Pacific has the largest global sales 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 2017.
In the industry, Texas Instruments profits most in 2017 and recent years, while Linear Technology and Diodes Incorporated ranked 2 and 3.The market share of them is 24.31%, 11.24% and 8.90% in 2017.The gap of market share is keep on enlarged due to different strategy.

According to this study, over the next five years the Low Voltage DC-DC LED Drivers market will register a 8.8% CAGR in terms of revenue, the global market size will reach US$ 900 million by 2024, from US$ 550 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Low Voltage DC-DC LED Drivers business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Low Voltage DC-DC LED Drivers market by product type, application, key manufacturers and key regions and countries.

This study considers the Low Voltage DC-DC LED Drivers value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Buck
Boost
Multi-channel
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
LED Lighting
Consumer Electronics
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Texas Instruments
Linear Technology
Diodes Incorporated
STMicroelectronics
Monolithic power systems
MEAN WELL
Infineon
ON Semiconductor
Richtek
ISSI
Fitipower
XP Power
LUXdrive

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Low Voltage DC-DC LED Drivers consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Low Voltage DC-DC LED Drivers market by identifying its various subsegments.
Focuses on the key global Low Voltage DC-DC LED Drivers manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Low Voltage DC-DC LED Drivers with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Low Voltage DC-DC LED Drivers submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.