LED Drivers and Chipset is the most important part of any LED device. These are small transformers that provide rated electricity to LED lights and displays to give their best performance. LED Drivers and Chipsets convert higher voltage alternating current to lower voltage direct current which is required for proper functioning of LEDs. This report focuses on the present market trend of the global LED Driver and Chipset market, and also forecasts are provided from 2015 to 2021. The drivers and the restraints that are expected to affect the demand of LED Drivers and Chipsets is also provided in the report.
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Led driver and chipset
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2. LED Drivers and Chipsets are transformers that are either fitted inside or outside the LED devices and converts high
voltage alternating current to lower voltage direct current for proper functioning of LEDs. The Market value of Global
LED Driver and Chipset was US$2.80 bn in 2014 and is expected to reach US$11.99 bn by 2021, growing at a CAGR
of 23.2% from 2015 to 2021.
The global LED Driver and Chipset market is primarily driven by increasing demand among the consumers for
efficient power solution both in terms of display and lighting. LEDs outperform the traditional Cold Cathode
Fluorescent Lamps (CCFLs) and Liquid Crystal Displays (LCDs) in term of size, energy efficiency, reliability and
mechanical ruggedness both for displays and lighting applications. LEDs generate 100% of the National Television
System Committee (NTSC) colors plus some extra colors in comparison with LCDs which generates only 70-80% of
the NTSC colors. In addition, the operating cost of LEDs is low as compared to other lighting and display devices as
LEDs produce more lumen per watt. Thus, more consumers are inclining towards the usage of LEDs which in turn is
driving the growth of LED drivers and chipset market. Moreover, increasing awareness among the consumers
regarding carbon footprints is also expected to fuel the demand of eco friendly LED devices which in turn is expected
to boost the demand of LED Drivers and Chipsets offered by different LED product’s manufacturers. LEDs result in
less carbon dioxide and Sulphur oxide emission (451 pound/ year) and help to keep the environment pollution free.
Moreover, LEDs produces 90% less heat than incandescent and. CCFL bulbs.
Global LED Driver Chipset Market: By Application/ Type:
Display
> Mobile Phones
> Digital Cameras
> Navigation and Gaming Devices
> Medical Devices
> Computers/Laptop Peripherals
> Others ( Digital Photo Frame, MP3 Players)
Lighting
REPORT DESCRIPTION
3. > Outdoor Area and Traffic Signals
> Automotive Lightings
> Industrial Lightings
> Commercial and Indoor Lightings
Among the different applications/types, lighting segment was the fastest growing market in 2014. The market is
predicted to grow at a CAGR of 24.1% from 2015 to 2021 and accounted for 20.1% of the overall revenue share of
LED Driver and Chipset market.
The government of China and Japan has taken several steps to phase out the usage of conventional lighting and
display technology to reduce carbon footprints. This in turn is expected to increases the sale of LED appliances and
is predicted to drive the growth of LED Driver and Chipset market during the forecast period.
Some Major Companies Driving the Market of LED Driver and Chipset:
> Advanced Analogic Technologies Inc
> Diodes Inc
> Exar Corp
> Ixys Cor
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