Report Feature
The future of the LED driver market in South Korea looks attractive with opportunities in the residential, commercial, industrial, and automotive lighting sectors. The major growth drivers for this market are increasing building and construction activities, favorable government regulations for energy efficiency, and increasing adoption of LED lighting.
Emerging trends, which have a direct impact on the dynamics of the LED driver industry, include the development of visible light communication (VLC) LED drivers, and the development of color tunable LED drivers.
A total of 25 figures / charts and 12 tables are provided in this 60-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this LED driver market in South Korea report, download the report brochure
LED Driver Market in South Korea by Segment:
2014-2025 (US $M) (Randomized Data)
2014-2025 (US $M) (Randomized Data)
Trends and Forecasts for LED Driver Market in South Korea:
2014-2025 (US $M) (Randomized Data)
2014-2025 (US $M) (Randomized Data)
The study includes the market size and forecast for the LED driver market in South Korea by supply type, luminaire type, and application as follows:
LED Driver Market by Application [$M shipment analysis from 2014 to 2025]:
- General lighting
- Residential
- Office
- Shop
- Hospitality
- Outdoor
- Industrial
- Architectural
- Automotive Lighting
- Headlamps
- Daytime Running Lights (DRLs)
- Sidelights
- Rear Lights
- Interior
- Backlighting
- LCD TV
- Monitor
- Portable PCs
- Handhelds
LED Driver Market by Supply Type [$M shipment analysis from 2014 to 2025]:
- Constant Current
- Constant Voltage
LED Driver Market by Luminaire Type [$M shipment analysis from 2014 to 2025]:
- Type A Lamp
- Decorative Lamp
- T Lamp
- Reflectors
- Others
Lucintel forecast that constant current LED driver will remain the largest product type; it is also expected to witness the highest growth due to ability to provide consistent brightness with lower power consumption and increasing demand in LED backlighting and general lighting applications.
Within the LED driver market, the general lighting segment will remain the largest application. It is also expected to witness the highest growth rate due to increasing demand for energy-efficient products in residential and commercial lighting, increasing usage of LED drivers for building and lighting management systems, and the decreasing price of LEDs.
Some of the features of “Opportunities for the LED Driver Market in South Korea 2014-2025: Trends, Forecast and Competitive Analysis” include:
- Market size estimates: LED driver market size estimation in terms of value ($M) shipment.
- Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by supply type, luminaire type, and application.
- Segmentation analysis: LED driver market size by supply type (constant current and constant voltage), luminaire type (type A lamp, decorative lamp, T lamp, reflectors, and others), and applications (general lighting, automotive lighting and backlighting) in terms of value.
- Growth opportunities: Analysis on growth opportunities in different supply type, luminaire type, and application of LED driver in the LED driver market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following 7 key questions:
Q.1 What are some of the most promising, high-growth opportunities for the LED driver market in South Korea by supply type (constant current and constant voltage), luminaire type (type A lamp, decorative lamp, T lamp, reflectors, and others), and applications (general lighting, automotive lighting and backlighting)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the key factors affecting market dynamics? What are the drivers and challenges of the LED driver market?
Q.3 What are the key factors affecting market dynamics? What are the drivers and challenges of the LED driver market?
Q.4 What are the business risks and threats to the LED driver market?
Q.5 What are the emerging trends in this LED driver market and reasons behind them?
Q.6 What are some changing demands of customers in the LED driver market?
Q.7 What are the new developments in the LED driver market? Which companies are leading these developments?
Table of Contents
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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