June 28, 2011…LED driver IC sales will reach nearly $3.5 billion in 2015 from nearly $2 billion in 2010, according to Strategies Unlimited (SU). This would be a compound annual growth rate of 12%. These are among the findings in a new report, LED Driver ICs—2011, from Strategies Unlimited. The company says that sales of driver ICs for LCD backlights will dominate through the period, with growth from those used in edge-lit TVs and monitors. SU predicts that LED lighting applications will be the “next big thing” for LED drivers and driver ICs, beginning with replacement bulbs. The company asserts that the big increase in this segment of the LED driver market will be in response to improvements in technology and phasing-in bans on incandescent bulbs.
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