The article cited AMA's Global Display IC Market Study explored substantial growth with CAGR of %. According the report, Growth of Industries like Retail, Media and Entertainment, Automotive, Consumer Electronics, and Others is one of the primary growth factors for the market. Rapidly Increasing Demand for Displays for a Wide Range of Applications in Various Nations
is also expected to contribute significantly to the Display IC market. Overall, Laptop Computer
applications of Display IC, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Renesas Electronics Corporation (Japan), Novatek Microelectronics Corp (Taiwan), Himax Technologies, Inc (Taiwan), Samsung (South Korea), Crystalfontz America, Inc. (United States), Metalgrass LTD (Israel), Silicon Works (South Korea), Sitronix Technology Corporation (Taiwan), Toshiba (Japan) and Panasonic Corporation (Japan) may see astonishing sales in this Market and certainly improve revenue growth.
The Display Technology, such as LCD, is boosting the Display IC market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The End-use Industry, such as Consumer Electronics, is boosting the Display IC market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Display IC market identified that the demand is rising in many different parts of the world as "Display Manufacturers Continue to Boost Investments into Scaling up of Existing and Expansion of Manufacturing Facilities in new Countries
". Furthermore, some recent industry insights like "In Oct 2023,Himax Technologies, Inc., a leading supplier and fabless manufacturer of display drivers and other semiconductor products, announced that it has signed a Memorandum of Understanding (MOU) for Strategic Cooperation with Nexchip Semiconductor Corporation, a China-based semiconductor foundry, for the supply of ICs for the automotive display market, in response to the industry's increasing demand for automotive displays." is constantly making the industry dynamic. One of the challenges that industry facing is "Power and thermal challenges are the biggest hurdles for many 3D IC projects"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Display IC market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Display IC market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Display IC market tight? Which application/end-user category or Product Type [Source Display IC and Gate Display IC] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Display IC market and other related sub-markets covered in the study.
o Key & emerging players in the Display IC market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Display IC market size is calculated using market estimation process, the Display IC market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Display IC market size has been validated using both top-down and bottom-up approaches.