LED driver market expected to triple by 2015

The market governing LED driver integrated circuits (ICs) will surge to $666 million in 2015, up from $214 million in 2012.

06/21/2013


IMS Research (acquired by IHS, Inc.)Global revenue for light-emitting diode (LED) drivers used in general lighting applications will more than triple from 2012 to 2015, as the market for solid-state illumination booms, according a new report entitled “LED Driver ICs – World – 2013” from IMS Research, now part of IHS. 

The market governing LED driver integrated circuits (ICs) for lighting will surge to $666 million in 2015, up from $214 million in 2012, as presented in the attached figure. Growth will moderate somewhat during the following years, but revenue is expected to continue to expand, reaching $810 million in 2018.

Source: IHS, Inc.

“Major advances and cost reductions in lamps, luminaires and automotive lighting are spurring the rapid growth of the market for LEDs in general lighting applications,” said Stephanie Pruitt, lighting and LEDs analyst for IHS. “This in turn is generating major opportunities for LED driver ICs. Once dominated by the display backlighting business, the LED driver IC market now is being driven by the soaring market for general lighting.”

An LED driver is a power supply designed to suit the electrical characteristics of an LED or array of LEDs.

Home is where the LEDs are

The residential sector represents the greatest opportunity for growth in the LED lighting driver market. Homes have the largest number of sockets available for LED bulbs.

The most common form factor for residential LED lights is the classic A-type lamp, i.e. the pear-shaped bulb used since early in the 20thcentury. Also popular is the MR16 type of bulb used for directional lighting.

Other major opportunities for LED drivers in general illumination lie in the retail as well as the street/parking light markets.

As growth ramps up in general lighting, the rate of expansion, however, is slowing in some areas.

For instance, cellphone display backlighting has become a saturated market, while television and signage backlighting now are growing at a slower pace.

Computer and office equipment is still generating some respectable growth, mainly due to the boom in tablet devices.

LED driver IC suppliers like Macroblock, Texas Instruments and Skyworks continue to dominate in their respective markets. However, many companies that once concentrated on these sectors have seen flat or declining revenue. These companies, along with new entrants, are switching focus to the increasingly important lighting sector.



No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
Each year, a panel of Control Engineering editors and industry expert judges select the System Integrator of the Year Award winners.
Control Engineering Leaders Under 40 identifies and gives recognition to young engineers who...
Learn more about methods used to ensure that the integration between the safety system and the process control...
Adding industrial toughness and reliability to Ethernet eGuide
Technological advances like multiple-in-multiple-out (MIMO) transmitting and receiving
Virtualization advice: 4 ways splitting servers can help manufacturing; Efficient motion controls; Fill the brain drain; Learn from the HART Plant of the Year
Two sides to process safety: Combining human and technical factors in your program; Preparing HMI graphics for migrations; Mechatronics and safety; Engineers' Choice Awards
Detecting security breaches: Forensic invenstigations depend on knowing your networks inside and out; Wireless workers; Opening robotic control; Product exclusive: Robust encoders
The Ask Control Engineering blog covers all aspects of automation, including motors, drives, sensors, motion control, machine control, and embedded systems.
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
News and comments from Control Engineering process industries editor, Peter Welander.
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.
This is a blog from the trenches – written by engineers who are implementing and upgrading control systems every day across every industry.
Anthony Baker is a fictitious aggregation of experts from Callisto Integration, providing manufacturing consulting and systems integration.
Integrator Guide

Integrator Guide

Search the online Automation Integrator Guide
 

Create New Listing

Visit the System Integrators page to view past winners of Control Engineering's System Integrator of the Year Award and learn how to enter the competition. You will also find more information on system integrators and Control System Integrators Association.

Case Study Database

Case Study Database

Get more exposure for your case study by uploading it to the Control Engineering case study database, where end-users can identify relevant solutions and explore what the experts are doing to effectively implement a variety of technology and productivity related projects.

These case studies provide examples of how knowledgeable solution providers have used technology, processes and people to create effective and successful implementations in real-world situations. Case studies can be completed by filling out a simple online form where you can outline the project title, abstract, and full story in 1500 words or less; upload photos, videos and a logo.

Click here to visit the Case Study Database and upload your case study.