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 Top Plant program honors outstanding manufacturing facilities in North America. View the 2013 Top Plant.
The Product of the Year program recognizes products newly released in the manufacturing industries.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
The true cost of lubrication: Three keys to consider when evaluating oils; Plant Engineering Lubrication Guide; 11 ways to protect bearing assets; Is lubrication part of your KPIs?
Contract maintenance: 5 ways to keep things humming while keeping an eye on costs; Pneumatic systems; Energy monitoring; The sixth 'S' is safety
Transport your data: Supply chain information critical to operational excellence; High-voltage faults; Portable cooling; Safety automation isn't automatic
Case Study Database

Case Study Database

Get more exposure for your case study by uploading it to the Plant 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.

Maintaining low data center PUE; Using eco mode in UPS systems; Commissioning electrical and power systems; Exploring dc power distribution alternatives
Synchronizing industrial Ethernet networks; Selecting protocol conversion gateways; Integrating HMIs with PLCs and PACs
Why manufacturers need to see energy in a different light: Current approaches to energy management yield quick savings, but leave plant managers searching for ways of improving on those early gains.

Annual Salary Survey

Participate in the 2013 Salary Survey

In a year when manufacturing continued to lead the economic rebound, it makes sense that plant manager bonuses rebounded. Plant Engineering’s annual Salary Survey shows both wages and bonuses rose in 2012 after a retreat the year before.

Average salary across all job titles for plant floor management rose 3.5% to $95,446, and bonus compensation jumped to $15,162, a 4.2% increase from the 2010 level and double the 2011 total, which showed a sharp drop in bonus.

2012 Salary Survey Analysis

2012 Salary Survey Results

Maintenance and reliability tips and best practices from the maintenance and reliability coaches at Allied Reliability Group.
The One Voice for Manufacturing blog reports on federal public policy issues impacting the manufacturing sector. One Voice is a joint effort by the National Tooling and Machining...
The Society for Maintenance and Reliability Professionals an organization devoted...
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.
Maintenance is not optional in manufacturing. It’s a profit center, driving productivity and uptime while reducing overall repair costs.
The Lachance on CMMS blog is about current maintenance topics. Blogger Paul Lachance is president and chief technology officer for Smartware Group.