LED Driver and Chipset

Transparency Market Research
LED Driver and Chipset Market
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REPORT DESCRIPTION
An LED driver is a device built to regulate and control the power of LEDs. The typical LED driver is a response unit
that modulates power as per the requirements of the LEDs. The driver thus provides consistent and recommended
power to an LED unit, which is needed as LEDs begin to undergo a change in their properties due to an increase in
temperature. The LED driver itself is a power supply with outputs that are set into an LED circuit or chipset. Because
of this, the LED driver can easily maintain the power level that the LED receives. In the absence of an LED driver and
chipset, the LEDs in a circuit have the tendency to become unstable and overheat, resulting in sub-standard
performance or even failure.
Interesting Facts About LED Driver and Chipsets: http://bit.ly/1ULK3ev
Increasing demand for lighting and display appliances having an extended lifespan and less power consumption are
the major factors responsible for the enormous use of LED devices which in turn is responsible for robust growth of
LED Driver and chipset market. The average lifespan of a LED is 50000 hours and utilizes a fraction of energy as
used by traditional display and lighting devices whereas an incandescent bulb lasts for 1200 hours and a CFL lasts
for 8000 hours. Moreover, LEDs use less power (watt) per unit of light generated (lumen). Thus, the extended
lifespan and less power consumption have boosted the demand of LEDs which in turn is driving the global LED driver
and chipset market. In addition, different initiatives such as Green Paper "Lighting the Future" (COM(2011)889) has
been taken by the government across different parts of the world such as the US, the UK, Canada, Australia, brazil,
New Zealand, China, India and Japan to reduce the consumption of power by phasing out the demand for
incandescent and CFL bulbs in lieu of high quality power efficient LEDs. This automatically increases the deployment
and usage of LED drivers and Chipset.
Other advantages that LEDs possess over other lighting systems is their ability to generate 100% of the color
scheme dictated by the National Television System Committee and some extra colors as well. LCDs, the closest rival
to LEDs, only generate 70-80% of the NTSC colors. LEDs also generate a higher lumen per watt in comparison to
other lighting devices. Another major advantage of using LEDs is the eco-friendly nature of the global LED driver and
chipset market, where minimal materials are required to build, which can be easily reused or recycled later. The
currently growing number of consumers that are increasingly aware of their own carbon footprint are beginning to
prefer the global LED driver and chipset market.
Lighting Leads Global LED Driver and Chipset Market
In terms of the various applications of the global LED driver and chipset market, lighting held the largest share in the
market in 2014. This segment is expected to show a 24.10% CAGR from 2015 to 2021; the segment occupied 20.1%
of the global LED driver and chipset market. In terms of geography, the global LED driver and chipset market was
led by Asia Pacific, a region progressing at a 23.40% CAGR for the period from 2015 to 2021.With China and Japan
playing a major role in the global LED driver and chipset market, Asia Pacific is expected to remain on top of the
global LED driver and chipset market for the time being.
Advanced Analogic Technologies Inc, Diodes Inc, Exar Corp and Ixys Corp among others are some of the major
players operating in LED Driver and Chipset market.
Displaying the Market Information of LED DRIVER AND CHIPSETS:
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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. Moreover, LED Drivers and Chipsets convert higher voltage alternating current to lower voltage direct current which is required for proper functioning of LEDs.