Press release
Display Driver IC Market is projected to expand at a CAGR of 8.0% during the forecast period
According to a new market research report published by Transparency Market Research the global display driver IC market is expected to reach value of US$ 6,842.2 Mn by 2027, expanding at a CAGR of 8.0% from 2019 to 2027. Asia Pacific is likely to continue to lead the global market, with the market in the region expanding at a CAGR of 8.7% between 2019 and 2027.Report Details- https://www.transparencymarketresearch.com/display-driver-ic-market.html
Increasing demand of OLED displays driving the global display driver IC market
As the OLED display technology and its manufacturing process have become mature, more and more applications have adopted OLED as smart displays. In addition, as self-emissive OLED displays come with a wide range of operating temperatures, they are suitable for use in outdoor applications, even under severe climatic conditions. Several manufacturers are using OLED displays in smartphones, TV sets, etc. For instance, Apple has switched from LCD panels to OLED panels for its next generation of iPhones. As the demand for OLED displays continues to rise, Taiwan-based manufacturers are adjusting their business structures so as to achieve increased production. Several companies, such as AU Optronics and Novatek Microelectronics, are expecting a substantial boom in OLED sales.
Request a Sample- https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=36857
Global Display Driver IC Market: Scope of Report
The global display driver IC market has been broadly segmented in terms of display technology, application, end-use industry, and geography. In terms of display technology, the market has been classified into LCD, LED, OLED, and others. Among these, the LED segment accounted for a major share of 44.1% in 2018. The segment is expected to expand at a significant CAGR of 8.7% during the forecast period. Based on application, the global display driver IC market has been divided into mobile phones, televisions, laptops, tablets, smart watches, automobile consoles, and others (including wearable devices and video walls). In terms of end-use industry, the global market has been classified into consumer electronics, healthcare, automotive, and others. In 2018 the consumer electronics segment accounted for a prominent market share. The segment is estimated to expand at a significant CAGR of 8.6% during the forecast period.
Ask For Customization- https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=36857
Based on region, the global display driver IC market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Europe is anticipated to hold a leading share of the global market during the forecast period, followed by North America and Asia Pacific. This is primarily due to technological advancements in the region. Furthermore, presence of a large number of manufacturers of display panels in North America has made it another prominent region of the global display driver IC market. Moreover, the market in Asia Pacific is projected to expand rapidly between 2019 and 2027, due to ongoing technological innovations in display driver technologies, such as QLED and OLED, in the region. The market in Middle East & Africa is estimated to witness moderate growth from 2019 to 2027. The market in South America is expected to witness sluggish growth during the forecast period.
Enquiry before Buying -https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=36857
Global Display Driver IC Market: Competition Dynamics
The research study includes profiles of leading companies operating in the global display driver IC market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Key players operating in the global market are Samsung Electronics, Novatek Microelectronics (U.S.), Himax Technologies, Silicon Works, Sitronix Technology, Raydium Semiconductor, Magnachip Semiconductor, MediaTek, and ROHM Semiconductor. Companies are focusing on expanding their business through acquisitions and strategic partnerships.
More Trending Reports By Transparency Market Research-
• Piezoelectric Actuator Market- https://www.transparencymarketresearch.com/piezoelectric-actuator-market.html
• Neuromorphic Chip Market- https://www.transparencymarketresearch.com/neuromorphic-chip-market.html
• SMT Equipment Market- https://www.transparencymarketresearch.com/smt-equipment-market.html
• Electron Multipliers Market- https://www.transparencymarketresearch.com/electron-multipliers-market.html
• Pet Wearable Market- https://www.transparencymarketresearch.com/pet-wearable-market.html
• InGaAs Image Sensor Market- https://www.transparencymarketresearch.com/ingaas-image-sensor-market.html
• Rocker Switch Market- https://www.transparencymarketresearch.com/rocker-switch-market.html
• SFG Measurement System Market- https://www.transparencymarketresearch.com/sfg-measurement-system-market.html
About Transparency Market Research
Transparency Market Research registered at Wilmington, Delaware, United States, is a global market research firm that offers market analysis reports and business consulting. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
For More Research Insights on Leading Industries, Visit our YouTube channel -
https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ
Contact Us:
Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.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 IC Market is projected to expand at a CAGR of 8.0% during the forecast period here
News-ID: 2693666 • Views: …
More Releases from Transparency Market Research
Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 …
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth.
Uncover essential discoveries and trends from…
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra …
The global Technetium‐99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth.
Discover essential conclusions and data from our Report in this sample -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100
Analysts' Viewpoint
The Technetium‐99m…
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to …
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equine…
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of …
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,…
More Releases for LED
HSC LED Successfully Delivers Taxi LED Displays to Moldova
HSC LED [https://www.hscled.com/] is pleased to announce the successful completion of a major project involving the delivery of taxi LED displays to Moldova. This achievement underscores our dedication to providing high-quality, innovative LED display solutions to global markets.
Image: https://www.abnewswire.com/upload/2025/03/c632e02b61fa3f45fb036d4012a026b5.jpg
This project involved the production and deployment of state-of-the-art taxi top LED displays, designed for high visibility, durability, and intelligent operation. Equipped with high brightness levels, waterproof protection, and efficient heat dissipation,…
Enhancing LED Lighting: What is a reflective LED light?
Nowadays, LED lights [https://www.cnblight.com/products/] have become the mainstream of lighting. There is an interesting question, why do LED lights in homes nowadays, whether they are desk lamps, pendant lamps, ceiling lamps, etc., often need to add a lamp shell? You should know that LED lights emit solid light, unlike traditional lamps such as incandescent lamps and fluorescent lamps, which require a lamp shell on the outside.
There are many reasons that…
Global Backlight LED Market| Global Backlight LED Industry | Backlight LED Marke …
The backlight LED market comprises of sales of Backlight LED & related services. LED backlight is a flat panel display that uses LED backlighting instead of cold cathode fluorescent (CCFL) backlighting. LED backlight displays also use thin-film-transistor liquid-crystal display (TFT LCD) technologies that offer better contrast and brightness, reduced energy consumption, greater color range more quick response to changes in the scene, and photorefractive effects. These displays are small chips…
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation li …
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation like Lamp-LED, Side-LED, TOP-LED, High-Power LED, SMD-LED, and Flip-Chip LED & more
The LED market is one of the quickly growing segments as they are replacing the traditional lighting equipment like bulbs due to their high efficiency and power saving capability. The LED packaging industry is also growing with innovations along with the LED industry as new technologies are being included…
Global LED Driver (LED Lighting Driver) Market Research Report
This report studies the global LED Driver (LED Lighting Driver) market status and forecast, categorizes the global LED Driver (LED Lighting Driver) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions.
Get sample copy of the report:
https://www.marketdensity.com/contact?ref=Sample&reportid=68754
Table of Contents:
Table of Contents
Global LED Driver (LED Lighting Driver) Market Research Report…
LED Driver And Chipset Market - Tax Exemptions For LED Technology Encourage Use …
Transparency Market Research, in a report titled “LED Driver and Chipset Market - Global Industry Analysis, Trend, Size, Share and Forecast 2015 - 2021,” states that the global LED driver and chipset market is projected to expand at a remarkable CAGR of 23.20% during the forecast period. The report states that the outstanding growth of the overall LED market in recent times will push the value of the LED driver…
