LED Driver IC Market Review and Forecast 2011

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LED driver IC sales will reach nearly $3.5 billion in 2015 from nearly $2 billion in 2010, a compound annual growth rate of 12%. LED driver electronics enable efficient and reliable performance of LEDs.  As the overall electrical circuit and a large part of the overall design, the driver is more important than the LEDs alone, but it is surprisingly complex and the market is highly fragmented across countless applications.