Market Insight: LED Driver Market to Reach $16.1 Billion by 2023

Lucintel has announced the launch of a market research report entitled “Growth Opportunities in the Global LED Driver Industry.”
This market report for LED driver identifies and predicts future opportunities for growth in the global LED driver industry for various segments and for the various regions of North America, Europe, Asia Pacific, and the Rest of the World. It also identifies growth opportunities for LED driver in building construction, automotive, and specialty markets.
According to our market report, the global LED driver market is expected to reach an estimated $16.1 billion by 2023 at a CAGR of 15.5% from 2018 to 2023. Some of the dominant players in the global LED driver are Texas Instruments, Toshiba, STMicroelectronics, ON Semiconductor, and ROHM Semiconductor.
In the LED driver market, residential, commercial, industrial, and automotive lighting sectors are some of the major segments. On the basis of its comprehensive research, Lucintel forecasts that general lighting is expected to show above-average growth during the forecast period from 2018 to 2023.
To read more about this report, click below:
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