세계의 LED 드라이버 IC 시장 예측(-2032년) : 유형별, 컴포넌트별, 제어 기능별, 유통 채널별, 폼 팩터별, 용도별, 최종사용자별, 지역별 분석

According to Stratistics MRC, the Global LED Driver IC Market is accounted for $25.46 billion in 2025 and is expected to reach $52.19 billion by 2032 growing at a CAGR of 10.8% during the forecast period. An LED Driver IC (Integrated Circuit) is an electronic component that regulates the power supplied to light-emitting diodes (LEDs), ensuring consistent brightness and protecting against voltage or current fluctuations. It converts input power to the appropriate output levels required by LEDs, supporting functions like dimming, thermal protection, and energy efficiency. Widely used in displays, automotive lighting, and general illumination, LED driver ICs enhance LED performance, reliability, and lifespan.

Market Dynamics:

Driver:

Increasing demand for energy-efficient lighting

Growing environmental awareness and stringent government regulations are pushing industries and consumers toward sustainable lighting solutions. LED Driver ICs play a vital role by allowing accurate current regulation, which boosts LED efficiency and extends their operational life while conserving energy. The rise of smart cities and integration of IoT-enabled lighting systems has also amplified the need for smart, adjustable, and configurable drivers. Moreover, continuous improvements in semiconductor technology and growing infrastructure development across commercial and industrial sectors are propelling market expansion.

Restraint:

Complexity of LED driver IC design and integration

Designing these ICs requires precise control over current and voltage, thermal management, and compatibility with diverse LED configurations, which can increase development time and cost. Integrating advanced features like dimming, wireless connectivity, and power factor correction further complicates circuit architecture. Additionally, ensuring compliance with global standards and achieving seamless interoperability across varied lighting systems adds to the challenge. These technical hurdles can deter smaller manufacturers and slow down innovation, limiting widespread adoption in cost-sensitive and rapidly evolving applications.

Opportunity:

Technological advancements in LED technology

Innovations such as high-efficiency chips, miniaturized components, and smart lighting capabilities have elevated performance standards, requiring more sophisticated driver ICs. These ICs now support features like dimming, color tuning, and wireless control, aligning with the rise of IoT-enabled lighting systems. Enhanced thermal management and power regulation have also improved LED lifespan and energy savings. As LEDs expand into automotive, industrial, and consumer electronics applications, demand for versatile and intelligent driver ICs continues to surge, fueling rapid development and market expansion.

Threat:

Lack of standardization in communication protocols

A variety of standards like Zigbee, Bluetooth, Wi-Fi, and NFC are utilized across different lighting systems, causing compatibility issues and complicating system integration. Many manufacturers adopt proprietary methods, which limits cross-platform flexibility and scalability. This lack of standardization hampers efficient device interaction, slows product development, and curtails innovation in smart lighting technologies. Furthermore, the inconsistency in protocols can lead to reliability concerns and security risks, making it harder for vendors to offer adaptable and resilient solutions in a fast-paced, tech-driven environment.

Covid-19 Impact:

The COVID-19 pandemic severely impacted the LED Driver IC market by causing significant supply chain disruptions, leading to component shortages, production delays, and increased costs. While initial lockdowns reduced demand in some industrial and commercial sectors, a simultaneous surge in consumer electronics driven by remote work and entertainment offset some of this decline. The crisis accelerated the focus on supply chain resilience and regional manufacturing, yet the long-term underlying demand for energy-efficient and smart LED lighting solutions ensures continued market growth as disruptions ease.

The wired segment is expected to be the largest during the forecast period

The wired segment is expected to account for the largest market share during the forecast period, driven by their reliability, low latency, and resistance to interference, making them ideal for industrial and commercial applications. These systems support legacy protocols like DALI and 0-10V, ensuring compatibility with existing infrastructure. Wired drivers also offer stable performance in high-security environments where wireless is restricted. Their consistent connectivity and ease of integration continue to support widespread adoption in retrofit and new-build projects.

The consumer electronics segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the consumer electronics segment is predicted to witness the highest growth rate, due to rising demand for energy-efficient, compact, and high-performance lighting solutions in devices like smartphones, TVs, and wearables. As consumers seek brighter displays and longer battery life, advanced driver ICs enable precise current control and thermal management. The push for smart features and sleek designs further accelerates adoption, making LED Driver ICs essential in modern electronic innovations.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share, driven by rapid urban development, proactive governmental support for energy-saving lighting solutions, and robust manufacturing infrastructure. Nations like China and India are actively funding smart city programs and modern infrastructure, driving demand for sophisticated LED technologies. The region's strong base of LED producers and growing use of consumer electronics continue to accelerate growth, establishing Asia Pacific as a crucial center for technological innovation and market expansion.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, driven by widespread adoption of energy-efficient lighting across residential, commercial, and automotive sectors. Government regulations and building codes promoting sustainable technologies have accelerated demand for advanced driver ICs. The region's strong presence of leading semiconductor manufacturers and early integration of smart lighting systems further support growth. Additionally, rising investments in infrastructure and retrofitting projects continue to fuel market expansion.

Key players in the market

Some of the key players in LED Driver IC Market include Texas Instruments, ON Semiconductor, STMicroelectronics, ROHM Co., Ltd., Maxim Integrated, Seoul Semiconductor Co., Ltd., Analog Devices, Inc., Seiko Epson Corporation, NXP Semiconductors, Osram Licht AG, Infineon Technologies AG, Philips Lighting, Renesas Electronics Corporation, Toshiba Corporation, Samsung Electronics Co. Ltd., and Taiwan Semiconductor Manufacturing Company (TSMC).

Key Developments:

In June 2025, STMicroelectronics introduces a new Human Presence Detection (HPD) technology for laptops, PCs, monitors and accessories, delivering more than 20% power consumption reduction per day in addition to improved security and privacy. ST's proprietary solution combines market-leading FlightSense(TM) Time-of-Flight (ToF) sensors with unique AI algorithms to deliver a hands-free fast Windows Hello authentication.

In March 2025, Onsemi introduced the first generation of its 1200V silicon carbide (SiC) metal oxide semiconductor field-effect transistor (MOSFET) based SPM 31 intelligent power modules (IPMs). onsemi EliteSiC SPM 31 IPMs deliver the highest energy efficiency and power density in the smallest form factor compared to using Field Stop 7 IGBT technology, resulting in lower total system cost than any other leading solution on the market.

In December 2024, Texas Instruments (TI) and the U.S. Department of Commerce announced an award agreement of up to $1.6 billion in direct funding through the U.S. CHIPS and Science Act, following the preliminary memorandum of terms announced in August. The funding will help support three of TI's new 300mm wafer fabs currently under construction in Texas and Utah.

Types Covered:

• Constant Current LED Drivers
• Constant Voltage LED Drivers
• Constant Power LED Drivers
• Step-Down (Buck) LED Driver ICs
• Buck-Boost LED Driver ICs
• Inductorless LED Driver ICs
• Current Sink LED Driver ICs
• Linear LED Driver ICs
• Switching LED Driver ICs
• Other Types

Components Covered:

• Driver IC
• Discrete Components

Control Features Covered:

• Wired
• Wireless

Distribution Channels Covered:

• Original Equipment Manufacturer (OEM)
• Aftermarket

Form Factors Covered:

• External Stand-Alone
• Integrated / On-Board
• Compact / Module Drivers
• Linear Drivers

Applications Covered:

• General Lighting
• Automotive Lighting
• Backlighting
• Signage and Display
• Architectural Lighting
• Other Applications

End Users Covered:

• Residential
• Commercial
• Industrial
• Automotive
• Consumer Electronics
• Retail and Hospitality
• Healthcare
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global LED Driver IC Market, By Type

• 5.1 Introduction
• 5.2 Constant Current LED Drivers
• 5.3 Constant Voltage LED Drivers
• 5.4 Constant Power LED Drivers
• 5.5 Step-Down (Buck) LED Driver Ics
• 5.6 Buck-Boost LED Driver Ics
• 5.7 Inductorless LED Driver ICs
• 5.8 Current Sink LED Driver Ics
• 5.9 Linear LED Driver Ics
• 5.10 Switching LED Driver Ics
• 5.11 Other Types

6 Global LED Driver IC Market, By Component

• 6.1 Introduction
• 6.2 Driver IC
• 6.3 Discrete Components

7 Global LED Driver IC Market, By Control Feature

• 7.1 Introduction
• 7.2 Wired
  • 7.2.1 Digital Addressable Lighting Interface (DALI)
  • 7.2.2 Digital Multiplex (DMX)
  • 7.2.3 Power Line Communication (PLC)
  • 7.2.4 Trailing-Edge Dimming
• 7.3 Wireless
  • 7.3.1 Wi-Fi
  • 7.3.2 Bluetooth
  • 7.3.3 Zigbee
  • 7.3.4 Thread
  • 7.3.5 Li-Fi

8 Global LED Driver IC Market, By Distribution Channel

• 8.1 Introduction
• 8.2 Original Equipment Manufacturer (OEM)
• 8.3 Aftermarket

9 Global LED Driver IC Market, By Form Factor

• 9.1 Introduction
• 9.2 External Stand-Alone
• 9.3 Integrated / On-Board
• 9.4 Compact / Module Drivers
• 9.5 Linear Drivers

10 Global LED Driver IC Market, By Application

• 10.1 Introduction
• 10.2 General Lighting
• 10.3 Automotive Lighting
• 10.4 Backlighting
• 10.5 Signage and Display
• 10.6 Architectural Lighting
• 10.7 Other Applications

11 Global LED Driver IC Market, By End User

• 11.1 Introduction
• 11.2 Residential
• 11.3 Commercial
• 11.4 Industrial
• 11.5 Automotive
• 11.6 Consumer Electronics
• 11.7 Retail and Hospitality
• 11.8 Healthcare
• 11.9 Other End Users

12 Global LED Driver IC Market, By Geography

• 12.1 Introduction
• 12.2 North America
  • 12.2.1 US
  • 12.2.2 Canada
  • 12.2.3 Mexico
• 12.3 Europe
  • 12.3.1 Germany
  • 12.3.2 UK
  • 12.3.3 Italy
  • 12.3.4 France
  • 12.3.5 Spain
  • 12.3.6 Rest of Europe
• 12.4 Asia Pacific
  • 12.4.1 Japan
  • 12.4.2 China
  • 12.4.3 India
  • 12.4.4 Australia
  • 12.4.5 New Zealand
  • 12.4.6 South Korea
  • 12.4.7 Rest of Asia Pacific
• 12.5 South America
  • 12.5.1 Argentina
  • 12.5.2 Brazil
  • 12.5.3 Chile
  • 12.5.4 Rest of South America
• 12.6 Middle East & Africa
  • 12.6.1 Saudi Arabia
  • 12.6.2 UAE
  • 12.6.3 Qatar
  • 12.6.4 South Africa
  • 12.6.5 Rest of Middle East & Africa

13 Key Developments

• 13.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 13.2 Acquisitions & Mergers
• 13.3 New Product Launch
• 13.4 Expansions
• 13.5 Other Key Strategies

14 Company Profiling

• 14.1 Texas Instruments
• 14.2 ON Semiconductor
• 14.3 STMicroelectronics
• 14.4 ROHM Co., Ltd.
• 14.5 Maxim Integrated
• 14.6 Seoul Semiconductor Co., Ltd.
• 14.7 Analog Devices, Inc.
• 14.8 Seiko Epson Corporation
• 14.9 NXP Semiconductors
• 14.10 Osram Licht AG
• 14.11 Infineon Technologies AG
• 14.12 Philips Lighting
• 14.13 Renesas Electronics Corporation
• 14.14 Toshiba Corporation
• 14.15 Samsung Electronics Co. Ltd.
• 14.16 Taiwan Semiconductor Manufacturing Company (TSMC)