Display Driver Market Growth Prospects 2023 and Projected to Reach US$ 9.1 Billion

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A fresh report titled Display Driver Market delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 153 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. An exclusive data offered in this report is collected by research and industry experts team.

The Display Driver Market is estimated to grow from USD 7.1 Billion in 2018 to USD 9.1 Billion by 2023, at a CAGR of 5.1% between 2018 and 2023.

Major Vendors profiled in the Display Driver Market:
• Samsung Electronics (South Korea)
• Novatek Microelectronics (Taiwan)
• Synaptics (US)
• Himax Technologies (Taiwan)
• Silicon Works (South Korea)
• Sitronix Technology (Taiwan)
• Raydium Semiconductor (Taiwan)
• Magnachip Semiconductor (Luxembourg & South Korea)
• FocalTech (Taiwan)
• MediaTek (Taiwan)
• ROHM Semiconductor (Japan)
• Fitipower Integrated Technology (Taiwan)
• OLiGHTEK (China)
• Solomon Systech (Hong Kong)
• Microchip Technology (US)
• SolasOLED (Ireland)
• Dialog Semiconductor (UK)

“LCD displays to account for major share of display driver market during forecast period”
LCD displays are likely to hold a major share of the display driver market during the forecast period. The market is expected to witness growth in the LCD segment for the next 3 years mainly due to the construction of various LCD panel manufacturing facilities in China, which will increase the production of LCD displays and subsequently increase the demand for display drivers for a majority of the applications. China is emerging as a leading country in terms of LCD display production due to the closure of several LCD manufacturing facilities by Samsung and LG Display in the last three years.

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“South Korea to account for major share in display driver market during forecast period”
South Korea is expected to account for the highest market share of the display driver market during the forecast period. South Korea accounts for more than 95% of total OLED display panel production owing to which demand for a majority of OLED-based display drivers is emerging from South Korea. With huge investments from Samsung and LG Display in OLED technology and their production expansion, South Korea is expected to dominate the market, in terms of size, during the forecast period. South Korea, however, is expected to witness declined share in the LCD segment during the forecast period, mainly due to the growing demand from China.

Study Objectives:
• To analyze the opportunities in the display driver market for stakeholders and provide details of the competitive landscape for market leaders

• To define, describe, and forecast the global display driver market, in terms of value, on the basis of driver and package type, display
technology, display size and devices, and geography

• To estimate and forecast the display driver market, in terms of volume, on the basis of devices

• To provide detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the display driver market

• To strategically analyze the micromarkets with respect to individual growth trends, prospects, and contribution to the overall display driver market

• To analyze key trends related to driver and package type, devices, and other factors that are likely to shape and influence the market

• To strategically profile key players in the display driver market and comprehensively analyze their core competencies

• To analyze competitive developments such as mergers, acquisitions, partnerships, agreements, collaborations, and product launches, along with research and development (R&D) in the display driver market.

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Competitive Landscape of Display Driver Market:
1 Overview
2 Player Market Share in Display Driver Market
3 Competitive Scenario
3.1 Product Launches and Developments
3.2 Mergers and Acquisition

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