
The global Low Voltage DC-DC LED Driver market size is predicted to grow from US$ 835 million in 2025 to US$ 1047 million in 2031; it is expected to grow at a CAGR of 3.8% from 2025 to 2031.
Due to increasing energy regulations, most people are familiar by now with the long life spans and energy savings associated with LEDs, or light-emitting diodes. And these innovative light sources require specialized devices called LED drivers to operate. LED drivers (also known as LED power supplies) are similar to ballasts for fluorescent lamps or transformers for lowvoltage bulbs: they provide LEDs with the electricity they require to function and perform at their best. LED drivers convert higher voltage, alternating current to low voltage, direct current. They also keep the voltage and current flowing through an LED circuit at its rated level. This report studies the Low Voltage DC-DC LED Drivers market.
Global Low Voltage DC-DC LED Drivers key players include Texas Instruments, Linear Technology, Diodes Incorporated, STMicroelectronics, Monolithic power systems, etc. Global top five manufacturers hold a share about 55%. Asia-Pacific is the largest sale market, with a share about 80%, followed by North America and Europe, total with a share about 15 percent. In terms of product, Buck is the largest segment, with a share about 61%. And in terms of application, the largest application is LED Lighting, followed by Consumer Electronics, etc.
The “Low Voltage DC-DC LED Driver Industry Forecast” looks at past sales and reviews total world Low Voltage DC-DC LED Driver sales in 2024, providing a comprehensive analysis by region and market sector of projected Low Voltage DC-DC LED Driver sales for 2025 through 2031. With Low Voltage DC-DC LED Driver sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Low Voltage DC-DC LED Driver industry.
This Insight Report provides a comprehensive analysis of the global Low Voltage DC-DC LED Driver landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Low Voltage DC-DC LED Driver portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Low Voltage DC-DC LED Driver market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Low Voltage DC-DC LED Driver and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Low Voltage DC-DC LED Driver.
This report presents a comprehensive overview, market shares, and growth opportunities of Low Voltage DC-DC LED Driver market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
DC Step-up
DC Step-down
DC Multi-topology
Segmentation by Application:
Automotive
Industrial
Consumer Electronics
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Texas Instruments
Analog Devices, Inc. ( ADI )
Diodes Incorporated
STMicroelectronics
Monolithic power systems
Infineon
Onsemi
Richtek
ISSI
Fitipower
LUXdrive
RECOM
Silvertel
Kinglumi
Key Questions Addressed in this Report
What is the 10-year outlook for the global Low Voltage DC-DC LED Driver market?
What factors are driving Low Voltage DC-DC LED Driver market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Low Voltage DC-DC LED Driver market opportunities vary by end market size?
How does Low Voltage DC-DC LED Driver break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Low Voltage DC-DC LED Driver Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Low Voltage DC-DC LED Driver by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Low Voltage DC-DC LED Driver by Country/Region, 2020, 2024 & 2031
2.2 Low Voltage DC-DC LED Driver Segment by Type
2.2.1 DC Step-up
2.2.2 DC Step-down
2.2.3 DC Multi-topology
2.3 Low Voltage DC-DC LED Driver Sales by Type
2.3.1 Global Low Voltage DC-DC LED Driver Sales Market Share by Type (2020-2025)
2.3.2 Global Low Voltage DC-DC LED Driver Revenue and Market Share by Type (2020-2025)
2.3.3 Global Low Voltage DC-DC LED Driver Sale Price by Type (2020-2025)
2.4 Low Voltage DC-DC LED Driver Segment by Application
2.4.1 Automotive
2.4.2 Industrial
2.4.3 Consumer Electronics
2.4.4 Others
2.5 Low Voltage DC-DC LED Driver Sales by Application
2.5.1 Global Low Voltage DC-DC LED Driver Sale Market Share by Application (2020-2025)
2.5.2 Global Low Voltage DC-DC LED Driver Revenue and Market Share by Application (2020-2025)
2.5.3 Global Low Voltage DC-DC LED Driver Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Low Voltage DC-DC LED Driver Breakdown Data by Company
3.1.1 Global Low Voltage DC-DC LED Driver Annual Sales by Company (2020-2025)
3.1.2 Global Low Voltage DC-DC LED Driver Sales Market Share by Company (2020-2025)
3.2 Global Low Voltage DC-DC LED Driver Annual Revenue by Company (2020-2025)
3.2.1 Global Low Voltage DC-DC LED Driver Revenue by Company (2020-2025)
3.2.2 Global Low Voltage DC-DC LED Driver Revenue Market Share by Company (2020-2025)
3.3 Global Low Voltage DC-DC LED Driver Sale Price by Company
3.4 Key Manufacturers Low Voltage DC-DC LED Driver Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Low Voltage DC-DC LED Driver Product Location Distribution
3.4.2 Players Low Voltage DC-DC LED Driver Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Low Voltage DC-DC LED Driver by Geographic Region
4.1 World Historic Low Voltage DC-DC LED Driver Market Size by Geographic Region (2020-2025)
4.1.1 Global Low Voltage DC-DC LED Driver Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Low Voltage DC-DC LED Driver Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Low Voltage DC-DC LED Driver Market Size by Country/Region (2020-2025)
4.2.1 Global Low Voltage DC-DC LED Driver Annual Sales by Country/Region (2020-2025)
4.2.2 Global Low Voltage DC-DC LED Driver Annual Revenue by Country/Region (2020-2025)
4.3 Americas Low Voltage DC-DC LED Driver Sales Growth
4.4 APAC Low Voltage DC-DC LED Driver Sales Growth
4.5 Europe Low Voltage DC-DC LED Driver Sales Growth
4.6 Middle East & Africa Low Voltage DC-DC LED Driver Sales Growth
5 Americas
5.1 Americas Low Voltage DC-DC LED Driver Sales by Country
5.1.1 Americas Low Voltage DC-DC LED Driver Sales by Country (2020-2025)
5.1.2 Americas Low Voltage DC-DC LED Driver Revenue by Country (2020-2025)
5.2 Americas Low Voltage DC-DC LED Driver Sales by Type (2020-2025)
5.3 Americas Low Voltage DC-DC LED Driver Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Low Voltage DC-DC LED Driver Sales by Region
6.1.1 APAC Low Voltage DC-DC LED Driver Sales by Region (2020-2025)
6.1.2 APAC Low Voltage DC-DC LED Driver Revenue by Region (2020-2025)
6.2 APAC Low Voltage DC-DC LED Driver Sales by Type (2020-2025)
6.3 APAC Low Voltage DC-DC LED Driver Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Low Voltage DC-DC LED Driver by Country
7.1.1 Europe Low Voltage DC-DC LED Driver Sales by Country (2020-2025)
7.1.2 Europe Low Voltage DC-DC LED Driver Revenue by Country (2020-2025)
7.2 Europe Low Voltage DC-DC LED Driver Sales by Type (2020-2025)
7.3 Europe Low Voltage DC-DC LED Driver Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Low Voltage DC-DC LED Driver by Country
8.1.1 Middle East & Africa Low Voltage DC-DC LED Driver Sales by Country (2020-2025)
8.1.2 Middle East & Africa Low Voltage DC-DC LED Driver Revenue by Country (2020-2025)
8.2 Middle East & Africa Low Voltage DC-DC LED Driver Sales by Type (2020-2025)
8.3 Middle East & Africa Low Voltage DC-DC LED Driver Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Low Voltage DC-DC LED Driver
10.3 Manufacturing Process Analysis of Low Voltage DC-DC LED Driver
10.4 Industry Chain Structure of Low Voltage DC-DC LED Driver
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Low Voltage DC-DC LED Driver Distributors
11.3 Low Voltage DC-DC LED Driver Customer
12 World Forecast Review for Low Voltage DC-DC LED Driver by Geographic Region
12.1 Global Low Voltage DC-DC LED Driver Market Size Forecast by Region
12.1.1 Global Low Voltage DC-DC LED Driver Forecast by Region (2026-2031)
12.1.2 Global Low Voltage DC-DC LED Driver Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Low Voltage DC-DC LED Driver Forecast by Type (2026-2031)
12.7 Global Low Voltage DC-DC LED Driver Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Texas Instruments
13.1.1 Texas Instruments Company Information
13.1.2 Texas Instruments Low Voltage DC-DC LED Driver Product Portfolios and Specifications
13.1.3 Texas Instruments Low Voltage DC-DC LED Driver Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Texas Instruments Main Business Overview
13.1.5 Texas Instruments Latest Developments
13.2 Analog Devices, Inc. ( ADI )
13.2.1 Analog Devices, Inc. ( ADI ) Company Information
13.2.2 Analog Devices, Inc. ( ADI ) Low Voltage DC-DC LED Driver Product Portfolios and Specifications
13.2.3 Analog Devices, Inc. ( ADI ) Low Voltage DC-DC LED Driver Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Analog Devices, Inc. ( ADI ) Main Business Overview
13.2.5 Analog Devices, Inc. ( ADI ) Latest Developments
13.3 Diodes Incorporated
13.3.1 Diodes Incorporated Company Information
13.3.2 Diodes Incorporated Low Voltage DC-DC LED Driver Product Portfolios and Specifications
13.3.3 Diodes Incorporated Low Voltage DC-DC LED Driver Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Diodes Incorporated Main Business Overview
13.3.5 Diodes Incorporated Latest Developments
13.4 STMicroelectronics
13.4.1 STMicroelectronics Company Information
13.4.2 STMicroelectronics Low Voltage DC-DC LED Driver Product Portfolios and Specifications
13.4.3 STMicroelectronics Low Voltage DC-DC LED Driver Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 STMicroelectronics Main Business Overview
13.4.5 STMicroelectronics Latest Developments
13.5 Monolithic power systems
13.5.1 Monolithic power systems Company Information
13.5.2 Monolithic power systems Low Voltage DC-DC LED Driver Product Portfolios and Specifications
13.5.3 Monolithic power systems Low Voltage DC-DC LED Driver Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Monolithic power systems Main Business Overview
13.5.5 Monolithic power systems Latest Developments
13.6 Infineon
13.6.1 Infineon Company Information
13.6.2 Infineon Low Voltage DC-DC LED Driver Product Portfolios and Specifications
13.6.3 Infineon Low Voltage DC-DC LED Driver Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Infineon Main Business Overview
13.6.5 Infineon Latest Developments
13.7 Onsemi
13.7.1 Onsemi Company Information
13.7.2 Onsemi Low Voltage DC-DC LED Driver Product Portfolios and Specifications
13.7.3 Onsemi Low Voltage DC-DC LED Driver Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Onsemi Main Business Overview
13.7.5 Onsemi Latest Developments
13.8 Richtek
13.8.1 Richtek Company Information
13.8.2 Richtek Low Voltage DC-DC LED Driver Product Portfolios and Specifications
13.8.3 Richtek Low Voltage DC-DC LED Driver Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Richtek Main Business Overview
13.8.5 Richtek Latest Developments
13.9 ISSI
13.9.1 ISSI Company Information
13.9.2 ISSI Low Voltage DC-DC LED Driver Product Portfolios and Specifications
13.9.3 ISSI Low Voltage DC-DC LED Driver Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 ISSI Main Business Overview
13.9.5 ISSI Latest Developments
13.10 Fitipower
13.10.1 Fitipower Company Information
13.10.2 Fitipower Low Voltage DC-DC LED Driver Product Portfolios and Specifications
13.10.3 Fitipower Low Voltage DC-DC LED Driver Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Fitipower Main Business Overview
13.10.5 Fitipower Latest Developments
13.11 LUXdrive
13.11.1 LUXdrive Company Information
13.11.2 LUXdrive Low Voltage DC-DC LED Driver Product Portfolios and Specifications
13.11.3 LUXdrive Low Voltage DC-DC LED Driver Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 LUXdrive Main Business Overview
13.11.5 LUXdrive Latest Developments
13.12 RECOM
13.12.1 RECOM Company Information
13.12.2 RECOM Low Voltage DC-DC LED Driver Product Portfolios and Specifications
13.12.3 RECOM Low Voltage DC-DC LED Driver Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 RECOM Main Business Overview
13.12.5 RECOM Latest Developments
13.13 Silvertel
13.13.1 Silvertel Company Information
13.13.2 Silvertel Low Voltage DC-DC LED Driver Product Portfolios and Specifications
13.13.3 Silvertel Low Voltage DC-DC LED Driver Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Silvertel Main Business Overview
13.13.5 Silvertel Latest Developments
13.14 Kinglumi
13.14.1 Kinglumi Company Information
13.14.2 Kinglumi Low Voltage DC-DC LED Driver Product Portfolios and Specifications
13.14.3 Kinglumi Low Voltage DC-DC LED Driver Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Kinglumi Main Business Overview
13.14.5 Kinglumi Latest Developments
14 Research Findings and Conclusion
*If Applicable.
