Home > Semiconductors & Electronics > Lighting > LED > LED Backlight Driver Market

LED Backlight Driver Market Share

Report ID: GMI10843
Published Date: Aug 2024
Report Format: PDF

Download Free Sample

LED Backlight Driver Market Share

Texas Instruments and Analog Devices, Inc. hold a significant share in the market. Texas Instruments (TI) and Analog Devices, Inc. are key players in the LED backlight driver industry, holding substantial shares due to their advanced technology and extensive product portfolios. TI is renowned for its broad range of high-performance LED drivers, which offer precision, efficiency, and versatility for various applications, from consumer electronics to automotive displays. Their products are widely used for their reliability and innovation in LED backlighting solutions.

Some other major players in the market are Renesas Electronics, Microchip Technology Inc., Linear Technology (now part of Analog Devices), Broadcom Inc., and ROHM Semiconductor.

LED Backlight Driver Market Companies

Major players operating in the industry are:

Analog Devices, Inc.
Infineon Technologies
Maxim Integrated
NXP Semiconductors
ON Semiconductor
STMicroelectronics
Texas Instruments

Authors: Suraj Gujar , Rutvij Kshirsagar

Frequently Asked Questions (FAQ) :

The market size for LED backlight driver was valued at USD 7.55 billion in 2023 and will record a CAGR of 5% between 2024 and 2032 due to the increasing demand for energy-efficient lighting solutions.

Constant current LED drivers segment is set to surpass USD 5 billion by 2032, fueled by their critical role in providing stable, high-quality lighting.

In 2023, North America held over 35% of the market share, driven by its technological innovation with a strong emphasis on R&D advancing LED backlight technologies.

Analog Devices, Inc., Infineon Technologies, Maxim Integrated, NXP Semiconductors, ON Semiconductor, STMicroelectronics, and Texas Instruments.