LED driver market to show 12% CAGR

Market news |
By eeNews Europe

Sales of LED drivers for LEDs for LCD backlights will dominate through the period, with growth from edge-lit TVs and monitors. LED lighting applications promise to be "next big thing."

Volume growth is expected to be explosive but accompanying severe price erosion will limit revenue growth, the company said. AC-LED products minimize the driver and some eliminate the driver IC, but will not have a significant impact on overall revenues through the period, and may even help accelerate adoption of LED lighting.

The production value of drivers for lighting will see strong 40 percent compound annual growth through the period. Their are challenging goals for dimming, efficiency, power factor, and price.

The top 10 LED driver IC suppliers hold more than 55% of revenues, with about 30 IC suppliers and captive manufacturers sharing the other 44%. With the acquisition of National Semiconductor by Texas Instruments, TI is now the number one supplier of LED driver ICs. The ability to manufacture using leading-edge high-voltage BCD processes on 200-mm or larger diameter wafers are likely to play a key role in LED driver market.


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