openPR Logo
Press release

Display Driver Market Global Industry Analysis By Solomon Systech Limited, Microchip Technology, Yunnan OLiGHTEK Opto-Electronic Technology, Dialog Semiconductor, SolasOLED, Lucid Display Technology, SINOWEALTH Electronics, UltraChip

03-06-2019 11:45 AM CET | IT, New Media & Software

Press release from: Market Research Future

Display Driver Market Synopsis

The global display driver market was valued at USD 6.04 billion in 2019 and is expected to reach USD 8.93 billion by the end of forecast period with a CAGR of 7.16%.

The growing demand for LCD panels for mobile devices, TVs, and PC monitors and increasing number of display manufacturers are some of the factors driving the growth of display driver market. Wearables and AR/VR devices are being adopted rapidly, thus leading to the rising demand for OLED and flexible displays and hence display drivers. In 2018, Synaptics announced the sampling of ClearView R63455, its latest display driver IC for next-generation virtual reality head-mounted displays (HMDs). It consists of dual-display 2K resolution combined with foveal transport support. Another device segment which is experiencing high demand for display drivers is automotive display. Smart displays play a major role in automotive applications. Rising need for enhanced safety and comfort in automobiles have led to the emergence of applications such as advanced infotainment systems, telematics, and heads-up displays, which are increasingly being used in passenger vehicles. Furthermore, governments in various countries across the world are implementing vehicle regulations for safety and security.

Request a Sample Display Driver Market Report @ https://www.marketresearchfuture.com/sample_request/7315

Display Driver Market Key players

The key players in the display driver market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are – Samsung Electronics Co., Ltd. (South Korea), Synaptics Inc. (US), Himax Technologies, Inc. (Taiwan), Silicon Works Co., Ltd. (South Korea), Novatek Microelectronics Corporation (Taiwan), Sitronix Technology Corporation (Taiwan), Raydium Semiconductor Corporation (Taiwan), FocalTech Systems Co., Ltd. (Taiwan), MagnaChip Semiconductor Corporation (South Korea), MediaTek Inc. (Taiwan), Fitipower Integrated Technology Inc. (Taiwan), and ROHM Semiconductor (Japan). These players contribute a major share in the growth of display driver market.

Apart from the top key players, there are other players that contribute to the market growth. These include Solomon Systech Limited (Hong Kong), Microchip Technology Inc. (US), Yunnan OLiGHTEK Opto-Electronic Technology Co., Ltd. (China), Dialog Semiconductor PLC (UK), SolasOLED LTD. (Ireland), Lucid Display Technology Inc. (South Korea), SINOWEALTH Electronics Ltd. (China), and UltraChip Inc. (Taiwan) and others.

Display Driver Market Segmentation

By type, the market is segmented into display driver IC and touch display driver integration (TDDI). Display driver IC segment contribute to the largest share of the market while touch display driver integration segment is expected to grow at a higher CAGR during the forecast period. Display driver IC embedded with a capacitive-touch-screen controller is known as touch display driver integration. It is expected to gain prominence lately as more number of display driver vendors are focusing on developing this technology.

By device, display driver IC is segmented into smartphone, tablet, wearable, TV, PC monitor, automotive displays, and others. Smartphone is one of the largest segments contributing to a significant share in the display driver market. Automotive display segment is expected to grow at a significant CAGR during the forecast period owing to factors such as increasing demand for connected vehicles and growing inclination towards advanced technologies. By technology, the market is divided into LCD, OLED, and others. By package type, the market is segmented into Chip-On-Glass (COG) and Chip-On-Film (COF). Adoption of Chip-On-Film package type is expected to increase rapidly during the forecast period.

Display Driver Market Regional analysis

The global market for display driver is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of display driver market is studied for North America, Europe, Asia-Pacific, and the rest of the world (including the Middle East, Africa, and Latin America). Among the regions mentioned, Asia-Pacific is expected to dominate the display driver market during the forecast period as the majority of market vendors are based out of South Korea, China, and Taiwan. Also, there is a presence of large number of raw material suppliers in Asia-Pacific and low labor cost which is an important factor for the growth of display driver.

North America also contributes a significant share to market due to high readiness for technology adoption. Europe is expected to grow at the highest rate due to growing automobile industry in this region. Many companies are increasing their production for display driver ICs used in automotive displays. For instance, in October 2018, Magnachip Semiconductor, a semiconductor manufacturing company, started its volume production for its latest display driver IC for automotive panel displays.

Browse Full Display Driver Market Report Details @ https://www.marketresearchfuture.com/reports/display-driver-market-7315

Intended Audience

Display Driver Manufacturers

Display Panel Manufacturers

Display System Manufacturers and Technology Providers

System Integrators

Industry Associations

Raw Material Suppliers

Traders and Distributors

Government Associations

Technology standards organizations, forums, alliances, and associations

Universities and research organizations

Government bodies

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Display Driver Market Global Industry Analysis By Solomon Systech Limited, Microchip Technology, Yunnan OLiGHTEK Opto-Electronic Technology, Dialog Semiconductor, SolasOLED, Lucid Display Technology, SINOWEALTH Electronics, UltraChip here

News-ID: 1635864 • Views:

More Releases from Market Research Future

Ophthalmic Topical Therapeutics Market | Global Market Analysis Report - 2035
Ophthalmic Topical Therapeutics Market | Global Market Analysis Report - 2035
Ophthalmic Topical Therapeutics: Advancing Eye Care Through Targeted Treatment Ophthalmic topical therapeutics have become a cornerstone in modern eye care, offering precise, localized treatment for a wide range of ocular conditions. Unlike systemic medications, which circulate throughout the body and may produce unintended side effects, topical therapies deliver active compounds directly to the eye, ensuring higher efficacy and a faster onset of action. This localized approach not only improves treatment outcomes
Mental Health Apps Market Share, Size, Growth and Forecast to 2035
Mental Health Apps Market Share, Size, Growth and Forecast to 2035
Mental Health Apps: Transforming the Way We Care for Our Minds In recent years, mental health has gained increasing recognition as an essential component of overall well-being. Despite growing awareness, many individuals still face barriers to accessing mental health support, including stigma, cost, and geographic limitations. Mental health apps have emerged as a transformative solution, leveraging technology to provide accessible, personalized, and convenient mental health care for millions worldwide. The Rise of
Surgical Gloves Market Size, Share, Growth | CAGR of 4.95%
Surgical Gloves Market Size, Share, Growth | CAGR of 4.95%
Surgical Gloves: A Critical Component of Modern Healthcare Surgical gloves have become an indispensable element in modern healthcare, serving as a first line of defense against contamination, infection, and disease transmission. These gloves are not just protective gear-they are a symbol of safety, hygiene, and precision in medical practice. Their significance spans from routine hospital procedures to complex surgical interventions, highlighting their essential role in patient care and medical safety protocols. The
Asia Pacific CRO Market Size, Share & Growth Report by 2035
Asia Pacific CRO Market Size, Share & Growth Report by 2035
Asia Pacific CRO Market: Driving Innovation and Transformation in the Clinical Research Landscape The Asia Pacific Contract Research Organization (CRO) market has been witnessing significant growth over the past decade, emerging as a pivotal hub for clinical research and drug development. With a growing population, increasing prevalence of chronic diseases, and rising investments in healthcare infrastructure, the region has become an attractive destination for pharmaceutical and biotechnology companies seeking cost-effective and

All 5 Releases


More Releases for Display

Interactive Display Market 2023-2030 Trends, Competitive Analysis | Major Player …
Infinity Business Insights published a new research publication on "Interactive Display Market Insights, to 2030"with 160+pages and enriched with self-explained Tables and charts in presentable format. The Interactive Display Market Research Report encompasses growth analysis, regional marketing insights, challenges, opportunities, and drivers. According to the market research reports, the global market is expected to experience steady growth in the coming years. This Interactive Display Market report offers a comprehensive overview of
Interactive Display Screens Market 2021 Competitive Insights - Sharp, Panasonic, …
The "Interactive Display Screens" Market report offers qualitative and quantitative insights and a detailed analysis of market size & growth rate for all possible segments in the market. The Global Interactive Display Screens Industry presents a market overview, product details, classification, and market concentration. The report also provides an in-depth survey of key players in the market which is based on various competitive intelligence parameters like company profiles, product picture
Interactive Display Market Precise Outlook 2020- Samsung Display, LG Display, Pa …
The Global Interactive Display Market Research Report Forecast 2020 - 2026 provides a comprehensive analysis of the market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of the global industry. It provides an in-depth study of the Interactive Display market by using SWOT analysis. The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data
LCD Interactive Display Market to See Massive Growth by 2026 | Samsung Display, …
The LCD Interactive Display Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope and application of this report. Get Free Sample
Display Technologies Market Report 2018: Segmentation by Type (LED, OLED, Virtua …
Global Display Technologies market research report provides company profile for Human Interface Technology Laboratory, Panasonic, Universal Display, Google, LG, Samsung, Innolux, AU Optronics, Avegant, Microvision and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc.
Global Flexible OLED Display Market Showcases Promising Growth during Forecast 2 …
The expanding database of Market Research Reports Search Engine (MRRSE) has been recently updated by the addition of a new study which is titled as “Global Flexible OLED Display Market Showcases Promising Growth during Forecast 2018-2026”. The fact based research report on global Flexible OLED Display Market covers various aspects such as trends, drivers, challenges and opportunities that have an influence on the growth and expansion of the global market.