Press release
Global LED Backlight Display Driver Ics Market to Witness a Pronounce Growth During 2023
The liquid crystal display itself is a non-active light-emitting element that must be illuminated with a backlight Display Driver ICs to read the image of the panel.
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Global LED Backlight Display Driver Ics Market: Forecast by Type / Application / Region
The region hosts many large consumer electronics and mobile computing device manufacturers, including prominent OEMs and ODMs such as Xiaomi, Samsung, LG, HTC, ZTE, Huawei, Lenovo, Acer, ASUS, and Sony. With the rising demand for high picture quality and improved efficiency systems, LED backlight DDICs are employed in the BLU of these devices.
The demand for LED backlight DDICs in developing countries is expected to drive the global market. The smartphone market in China and India is the largest in the world and is expected to drive sales of connected devices after the rollout of long-term evolution (LTE) and the ongoing trend of the Internet of Things (IoT).
“China is quickly emerging as a leading hub for LCD display manufacturers. The rising number of display device manufacturers in the country is mainly attributed to the availability of abundant resources and low-cost labor. The growing disposable income of people in APAC countries, along with the declining end-product prices, have increased the demand for such devices in the domestic market. The overall demand for consumer electronics in this region indirectly support the demand for LED backlight DDICs,” said Asif.
The presence of prominent automotive infotainment manufacturers in APAC makes the region a leader in the global LED backlight DDICs market. Companies such as Alpine, Denso, Fijitsu, Panasonic, and Pioneer manufacture automotive infotainment systems such as navigation systems and other in-vehicle entertainment devices, which incorporate LED backlight DDICs in their BLU.
Over the next five years, LPI(LP Information) projects that LED Backlight Display Driver Ics will register a 5.6% CAGR in terms of revenue, reach US$ 2290 million by 2023, from US$ 1740 million in 2017.
Global LED Backlight Display Driver Ics Market: Key Players
Texas Instruments
Macroblock
Maxim Integrated
Advanced Analogic Technologies
Linear Technology
NXP Semiconductors
Infineon Technologies
ON Semiconductor
Toshiba
STMicroelectronics
Austria Microsystems
Intersil
iWatt
Power Integrators
ROHM
Semtech
Silicon Touch Technology
Supertex
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Related Information:
United States LED Backlight Display Driver Ics Market Research Report 2018
Europe LED Backlight Display Driver Ics Market Research Report 2018
North America LED Backlight Display Driver Ics Market Research Report 2018
Asia-Pacific LED Backlight Display Driver Ics Market Research Report 2018
China LED Backlight Display Driver Ics Market Research Report 2018
EMEA LED Backlight Display Driver Ics Market Research Report 2018
Global LED Backlight Display Driver Ics Market Research Report 2018
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