Scope of the Study
Display driver integrated circuit is used to perform and operate display panels of hand-held devices such as wearable devices, mobile phones laptops, and others. Growing sales of electronic devices such as TVs, mobile phones, laptop, and others have been supplementing the growth of the market. Additionally, increasing demand for touch display controller and high demand for high-quality display drivers is fueling the market. However, low availability of raw material (doped indium tin oxide (ITO)) and integration of software and interface solutions in display added cost results in the high cost of the product are the reasons that are limiting the overall growth of the market. Moreover, increasing demand for displays from the automotive sector for the instrument cluster, GPS navigation, and car entertainment displays have the potential to growth market in the coming years.
The market study is being classified, by Application (Mobile Phones, Televisions, Laptops, Tablets, Smart Watches, Automobile Consoles and Others (Wearable Devices, Video Walls)) and major geographies with country level break-up. According to AMA, the Global Display Driver IC market is expected to see growth rate of 4.8% and may see market size of USD6256.67 Million by 2024.
Texas Instruments (United States), National Semiconductor (United States), ON Semiconductor (United States), NXP Semiconductors (Netherlands), Linear Technology (United States), Maxim Integrated (United States), Power Integrations, Inc. (United States), IWatt, Inc. (United States), MACROBLOCK, INC (Taiwan) and Fairchild Semiconductor (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Semtech (United States) and Supertex.
The Vendors having a strong hold in the market are Texas Instruments, National Semiconductor, ON Semiconductor, NXP Semiconductors, Linear Technology. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Display Driver IC market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Display Driver IC market by Type, Application and Region.
On the basis of geography, the market of Display Driver IC has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End User Industry, the sub-segment i.e. Consumer Electronics will boost the Display Driver IC market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Display Technology, the sub-segment i.e. LCD will boost the Display Driver IC market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Display Size, the sub-segment i.e. Small will boost the Display Driver IC market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Type , the sub-segment i.e. Gate Driver will boost the Display Driver IC market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Sales of Electronic Devices such as TVs, Mobile Phones, Laptop and Others
- High Demand for High-Quality Display Drivers is Fueling the Market
- Increasing Demand for Touch Display Controller
- Low Availability of Raw Material (Doped Indium Tin Oxide (ITO))
- Increasing Demand for displays from the automotive sector for Instrument Cluster, GPS Navigation, and Car Entertainment Displays
- Integration of Software and Interface Solutions in Display Added Cost Results in High Cost of Product
In January 2019, Samsung has announced the launch of 4Gbps display driver for 8K TVs. The launch will increases the efficiency and performance of 8K TVs. Additionally, the company states that the new launch will enhance speed by times. Thus, the new launch of the company can create a big opportunity for the company.
Key Target AudienceDisplay Driver IC Manufacturers, Mobile Phones Manufacturers, Laptop Manufacturers, Tablets Manufacturers, TV Manufacturers, Raw Material Suppliers and Distributor and Suppliers of Display Driver IC
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