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LCD Driver Market -The Rising Demand Of Low Cost Lcd Module For Various End User Applications Like In Automotive, Consumer Electronics

07-12-2018 01:19 PM CET | IT, New Media & Software

Press release from: Transparency Market Research

LCD Driver Market -The Rising Demand Of Low Cost Lcd Module

LCD driver is a kind of peripheral device which actually interfaces to the liquid crystal display. It produces the drive signal and can be cascaded for the larger LCD application. LCD driver controls the complex AC voltage requirement for liquid crystal display and work with the LCD controller for the purpose of keeping refreshing pixel information in their drive circuitry. Numerous display drivers are being specifically designed to easily integrate with a wide variety of microprocessor or microcontroller and a wide range of LCD display type. The growth of LCD driver market is highly reliant on the rising demand of low cost LCD module for various end user applications like in automotive, consumer electronics among others.

Continuously increasing demand of the LCD driver for the purpose of designing the automotive, industrial and portable equipment’s is acting as a major growth driver for the LCD driver market. Therefore, the chip on glass module which allows the LCD driver to be mounted directly on the overlapping edge of the glass plates results into a less thick integrated display which in turn is also acting as one of the key factor anticipated to catalyze the growing demand of LCD drivers during the forecast period. In addition, growing demand for the LCD driver for the purpose of usage in EL panel for transflective & transmissive display is also anticipated to increase the demand of the LCD driver in the upcoming years. In turn this is also projected to affect the LCD driver market in a positive manner during the forecast period.

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In spite of many driving factors, the LCD driver market is expected to show a shrink and fluctuation in growth rate because of the higher number of tracks that is required in case of LCD driver in comparison to other types of module. Issues with the higher cost and thickness of device display in comparison to other modules is also acting as one of the major constraint for the LCD driver market. More complex inventory handling and erratic arrangement of the LCD & PCB are also acting as restraining factor for the LCD driver market. Nearby placement of the display driver to the microcontroller and mechanically more stable modules that is being built on PCB is expected to act as key opportunities for the LCD driver market.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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