Display Driver Market 2021-2026: Rohm Semiconductor, Novatek Microelectronics, Synaptics, Himax Technologies

The Global Display Driver Market Research Report Forecast 2021 – 2025 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 report also takes into account the impact of the novel COVID-19 pandemic on the Display Driver market and offers a clear assessment of the projected market fluctuations during the forecast period. The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehend Display Driver data that enhances the understanding, scope, and application of this report.

The display driver market is expected to register a CAGR of 5% over the forecast period 2020-2025.  

Top Companies in the Global Display Driver Market: Mediatek, Fitipower Integrated Technology, Rohm Semiconductor, Novatek Microelectronics, Synaptics, Himax Technologies, Silicon and Others.

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Resent Industry Development:

March 2020 - MediaTek and Samsung jointly introduced the world’s first 8K QLED TV equipped with MediaTek’s custom Wi-Fi 6 chipset, the Samsung 8K QLED Y20 model (Q950, Q900). It will offer consumers a more seamless entertainment experience with smoother streaming and gaming, as well as unconstrained internet access.

January 2020 - Synaptics, leading developer of human interface solutions, launched innovative new TD7850 Automotive TDDI solution for touchscreens up to 15 inches. Its unique automotive TDDI solution combines a lower BOM and a simplified supply chain, with faster and easier integration for display manufacturers. It has merged sophisticated touch and display technologies into a single chip that provides superior optical performance over conventional touchscreens.

Key Market Trends:

Smartphone to witness significant growth

The display driver market is promptly driven by the development of the smartphone market around the world. Smartphones offer high quality and performance and act like a computer by providing real-time information. They became an integral part of human lives. Short life span due to up gradation of technology at a rapid speed is forcing major players to invest in research to develop and differentiate their offerings with advanced functionality.

For instance, Samsung officially launched its much-awaited Samsung Galaxy Fold smartphone in September 2019 that defies the category with a 7.3-inch Dynamic AMOLED display (active-matrix organic light-emitting diode). It is the foldable display that allows users to transform it into a tablet-like device and has six cameras, 21:9 secondary display, and 512GB of onboard storage. Samsung mobile business chief, Koh Dong-jin, at CES told that the company sold between 400,000 to 500,000 Galaxy Fold phones in 2019, which is a pretty good figure for a device that is priced at USD 2,000.

Moreover, the 5G network will offer high speed to download full-length movies in seconds and will spike the demand for 5G enabled smartphones. Hence, companies are investing in developing and designing phones with higher resolution and increased memory capacity so that people can download or play video games on the full-sized console.

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Regional Analysis:

Asia Pacific is expected to dominate the market during forecast period

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, the region has a large number of raw material suppliers in addition to low labor costs.

AMOLED in the automotive sector in the Asia-Pacific region is boosting due to the quick adoption of electric cars and increased spending power of the customer. Increase demand for connected and safe vehicle features such as cellular voice connection and navigation are also pushing the demand for display drivers. For instance, Nexus 2020 RX 450hL, the luxury arm of Toyota, launched in 2019, is a self-charging hybrid electric vehicle that has a new touch-display screen in addition to the Lexus-original remote touch interface that allows customers to navigate menus and features with a new remote touchpad on the center console.

New concepts such as flexible OLED in the automotive sector can innovate the car display in the future. In February 2020, Cadillac launched 2021 Escalade, a first-ever curved OLED screen in a car, the massive 38-inch display houses LG’s P-OLED Digital Cockpit Solution. The all-new software displays the vehicle information and infotainment system. LG collaborated in 2018 with Tesla, Cadillac, and Mercedes, to provide flexible display, and by the end of 2020, it will deliver a similar display in Mercedes Benz vehicles.     

Important Features that are under Offering and Key Highlights of the Reports:

– Detailed overview of Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Display Driver Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth

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Note: All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team

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