DC-DC LED Drivers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026
- Transparency Market Research
DC-DC LED Drivers Market: Overview
Besides the efficiency and the current accuracy, the main feature which is in the highest demand for the DC-DC LED driver are analog and Pulse Width Modulation dimming in the thermal protection of the LED system. Inspite of very high efficiency of the LEDs, it is important to keep in mind that almost 60% of the energy supplied to the LEDs is transforms into heat. Further, exposure of LEDs to a very high temperature significantly decreases its lifespan, eliminating the key value proposition for the purchasing of an LED fixture. The growth of DC-DC LED Drivers market is highly reliant on the rising demand of connected and non-connected LEDs in the construction and automotive industry.
DC-DC LED Drivers Market: Drivers and Restraints
DC grid with the centralized AC/DC conversion have been proven to be very advantageous in the server farm and is acting as a major growth driver for the DC-DC LED Drivers Market. Therefore, the growing need of DC grid for the purpose of preparing LED lighting as a part of DC current related technology is also one of the key factor anticipated to catalyze the growing demand of DC-DC LED Drivers during the forecast period. In addition, simpler device with small amount but efficient light power and limited power loss is also anticipated to increase the demand of DC-DC LED Drivers in the upcoming years. In turn, this is also projected to affect the DC-DC LED Drivers Market in a positive manner during the forecast period.
In spite of many driving factors, the global DC-DC LED Drivers Market is expected to show a shrink and fluctuation in growth rate because of the presence of unreliable reactive component which includes oscillation coil and electrolytic capacitor which is sensitive to working temperature and has got a very shorter lifespan. A DC-DC LED driver yields the determined magnitude of DC power by means of a very high-speed switching operation for the purpose of generating much noise, resulting into interference that negatively affects the adjoining circuit element. The key disadvantage of this type of driver is the switching loss included in the charging and the discharging of the output driver that wastes a good amount of energy; this is also one of the major restraining factor for the global DC-DC LED Drivers Market during the forecast period.
DC-DC LED Drivers Market: Key Segments
Further, the global DC-DC LED Drivers Market has been segmented on the basis of type, application and geography. Based on the type, the DC-DC LED Drivers Market has been segmented into five categories those are T-lamps, decorative lamps, reflectors, integral LED module and type A lamps. Based on the application, the DC-DC LED Drivers Market has been segmented into five segments, they are commercial lighting, residential lighting, indoor lighting, outdoor lighting and others. Moreover, this report also provide cross functional analysis of all the above mentioned segment across different regions such as Europe, North America, Asia Pacific, Middle East and Africa and South America. By application, the indoor lighting is expected to capture largest market share in the forecast period. Shorter payback time of the LEDs and competitive pricing with the CFLs is expected to make it more lucrative for this indoor lighting segment to grow in the upcoming days. Geographically, the global DC-DC LED Drivers Market is mainly driven by APAC region. Development of the smart cities in China and India is also expected to add to the rising demand for the DC-DC LED Drivers in APAC region.
DC-DC LED Drivers Market: Key Players
Some of the leading players operating in the DC-DC LED Drivers Market includes Texas Instruments, Toshiba Infineon, NXP Semiconductor, Linear, AnalogicTech, Maxim, and Macroblock among others.
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