TechNavio today launched its report Global LED Driver IC Market 2011“2014 based on an in-depth study. The report aims to aid decision makers™ understanding of the present and the future landscape of the Global LED Driver IC market.
Commenting on the report, an analyst from TechNavio™s Embedded Systems team said, In the current Global LED Driver IC market, chip manufacturers are moving towards integration of more features into LED driver ICs. Several functions or components can be integrated into a single LED Driver IC, e.g., in a mobile handset, the LED flash and backlight functions that were managed with multiple ICs earlier are now being integrated into a single IC. For chipmakers making use of bipolar-CMOS-DMOS (BCD) processes, this trend towards integration provides an opportunity to integrate varied circuit essentials into the same chip.
According to the report, having identified the current state of the market as a business opportunity, LED driver IC manufacturers are now developing products that can accommodate several types of components, and can hence deliver design flexibility to various LED light bulb manufacturers. This design flexibility is valuable, as it allows an LED light bulb manufacturer to shrink the inventory of parts by using the same driver IC in different LED light bulbs that have been custom-made for diverse markets. Due to the advantages of using such chips and also the vibrant nature of this market at present, numerous lighting manufacturers have already decided to adopt these LED driver ICs.
The report also discusses the key challenges to the growth of this market including competing technologies that are a threat to the revenues of LED and LED driver ICs.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-led-driver-ic-market-2011%E2%80%932014
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TechNavio Announces the Publication of its Report – Global LED Driver IC Market 2011-2014
