A recent report published by Infinium Global Research on display driver IC market provides in-depth analysis of segments and sub-segments in the global as well as regional display driver IC market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional display driver IC market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global display driver IC market. According to the report, the global display driver IC market is projected to grow at a CAGR of 2.6% over the forecast period of 2019-2025.
In electronic/computer hardware, a display driver is a type of a semiconductor with an integrated circuit (IC) that provides an interface
function between a microcontroller, microprocessor, ASIC, and a certain type of
display devices such as LCD, LED, OLED, or CRT. Display driver IC has been
adopted in a wide range of applications such as mobile phones, smartphones,
tablet PC, smartwatches, notebook PC, LCD monitors, and many other consumer
electronics. Moreover, the growth of the global display driver IC market is
being driven by rapidly increasing demand for displays for a wide range of
applications. Furthermore, the growth in end use industries such as consumer
electronics, healthcare, automotive and many others is likely to increase the
demand for the global display driver IC market throughout the forecast period.
Moreover, LCD-based display driver has a wide range of automotive applications
such as GPS navigation, instrument cluster, and car entertainment displays are
other factors contribute the market growth. Moreover, growing demand for
high-quality displays, integrated functions, and greater average selling prices
is another factor has a positive impact on market growth. The growing
investments by prominent market players for improving the capabilities of these
ICs is provided growth opportunities for the display driver market in the near
Geographically, North America captured the largest revenue share and the region is projected to continue its dominance throughout the forecast period as the region is highly active towards the acceptance of modern technology. Additionally, the presence of leading market players is also contributing the market growth in this region. Moreover, Asia-Pacific is expected to be the fastest-growing region in the display driver IC market over the forecast period. The growth in industries such as healthcare, consumer electronics, automotive and many other industries in this region is likely to have a positive impact on the market. The surge in need for better resolution in displays further drives the demand for the display driver IC market during the forecast period.
The report on global display driver IC market covers segments such as display technology, application, and end use industry. On the basis of display technology, the sub-markets include LCD, LED, and others. On the basis of application, the sub-markets include laptops, mobile phones, tablets, televisions, smart watches, and other applications. On the basis of end use industry, the sub-markets include healthcare, consumer electronics, automotive, and other end use industries.
The report provides profiles of the companies in the market such as Rohm Semiconductor, MediaTek Inc., Magnachip, Raydium Semiconductor Corporation, Sitronix Technology Corp., Silicon Works, Samsung Electronics, Novatek Microelectronics, Synaptics, and Himax Technologies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of display driver IC market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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