MARKET OVERVIEW
TRIAC dimmable LED driver is a power management device that can control the phase of the input AC voltage waveform to adjust the brightness of the LED lamp. The driver starts chopping from the zero phase of the AC voltage, cuts the voltage waveform by adjusting the conduction angle, and then generates a modulated output voltage to reduce the power consumption of the load.
MARKET SIZE & GROWTH
• The global TRIAC Dimmable LED Driver Market was valued at $201 million in 2024.
• It is projected to reach $304 million by 2031.
• The market is expected to grow at a CAGR of 6.2% during the forecast period.
