Display Driver Market Synopsis:
The Display Driver Global Market is anticipated to strike a CAGR of 7.16% during the forecast period 2019 to 2023. The Display Driver Global Industry, according to the analysis, has been prognosticated to touch a valuation of USD 8.93 Bn by the end of 2023 up from USD 6.04 Bn in 2017. The growth of the consumer electronics industry is expected to dictate the growth trajectory of the market over the next couple of years.
The growing application of LCD panels in products such as tablets, PCs, mobile devices, etc. is anticipated to support the growth pattern of the display driver market in the foreseeable future. In addition, the boost witnessed in the adoption of augmented reality is likely to have a positive influence on the expansion of the market.
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The introduction of wearable devices is forecasted to revolutionize the growth trajectory of the display driver market over the next few years. Also, the introduction of smart displays in the automotive sector has been presumed to maximize profit for the players of the display driver market. The development of telematics, advanced infotainment systems, and heads-up displays for enhancing safety & security of passenger as well as the vehicle is poised to expedite market growth in the forthcoming years.
Display Driver Market Competitive Dashboard:
Some of the noted players profiled in this MRFR report are Samsung Electronics Co., Ltd. (South Korea), Himax Technologies, Inc. (Taiwan), Synaptics Inc. (US), Silicon Works Co., Ltd. (South Korea), Sitronix Technology Corporation (Taiwan), Raydium Semiconductor Corporation (Taiwan), Novatek Microelectronics Corporation (Taiwan), FocalTech Systems Co., Ltd. (Taiwan), MediaTek Inc. (Taiwan), Fitipower Integrated Technology Inc. (Taiwan), MagnaChip Semiconductor Corporation (South Korea), and ROHM Semiconductor (Japan). Other players participating in the market share analysis are Solomon Systech Limited (Hong Kong), Yunnan OLiGHTEK Opto-Electronic Technology Co., Ltd. (China), Microchip Technology Inc. (US), Dialog Semiconductor PLC (UK), Lucid Display Technology Inc. (South Korea), SINOWEALTH Electronics Ltd. (China), SolasOLED LTD. (Ireland), and UltraChip Inc. (Taiwan).
Display Driver Industry News:
In January 2019, Samsung, a South Korean conglomerate, has announced the launch of a new display driver IC (DDI) for 8K resolution TVs.
In March 2019, Nvidia Corporation, an American technology company, has announced the launch of GeForce Hotfix display driver version 425.11 based on Game Ready Driver 419.67.
Display Driver Market Segmentation:
By type, the global display driver market has been segmented into display driver IC, and touch display driver integration.
By device, the display driver market has been segmented into smartphone, tablet, wearable, tv, automotive display, PC monitor, and others.
By technology, the global display driver market has been segmented into LCD, OLED, and others.
By package type, the global display driver market has been segmented into chip-on-glass, and chip-on-film.
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Display Driver Market Regional Analysis:
By region, the global display driver market has been segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). Asia Pacific is expected to dominate the market owing to the consolidation of major vendors in South Korea, China, and Taiwan. The growth of these sub-markets is likely to facilitate the expansion of the driver display market in the region. Also, the presence of a large number of raw material suppliers is forecasted to aid the proliferation of the regional market across the next couple of years.
North America is likely to exhibit substantial growth owing to the readiness exhibited in the adoption of technological advancements. Meanwhile, Europe has been forecasted to signify a steeper rise in the growth curve. The emerging application of display drivers in the automotive sector is poised to catalyze the expansion of the driver display market in the region over the assessment period.
TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.3 Research Objectives
2.4 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
LIST OF TABLES
Table 1 Display Driver Market, By Region, 2018–2023
Table 2 North America: Display Driver Market, By Country, 2018–2023
Table 3 Europe: Display Driver Market, By Country, 2018–2023
LIST OF FIGURES
FIGURE 1 Global Display Driver Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis Of Global Display Driver Market
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