Press release
Display Driver And Touch IC Market Potential Growth, Share, Demand and Analysis of Key Players & Forecasts to 2030
The display Driver IC Market is expected to grow at a CAGR of 8.12% during the forecast period.Significant sales of electronic devices, such as TVs, PCs, and mobile phones, are likely to significantly drive the global display driver IC market during the forecast period, as display driver ICs are used in the activation of pixels used in displays of TVs, PCs, and mobile phones. With the increasing use of smartphones across the globe, the demand for integration of touch and display controllers is likely to rise considerably in the next few years.
This is expected to fuel the global display driver IC market between 2019 and 2027. In order to meet this risen demand, several display manufacturers have started acquiring manufacturers of display driver ICs. Additionally, touchscreen displays are efficient in terms of time required to process an order and other on-demand functions, owing to automation. As the global automotive display industry continues to expand, the demand for high-quality display drivers is expected to increase during the forecast period. Also, application of LCD-based display driver products is likely to be further extended to a wide range of automotive applications such as instrument cluster, GPS navigation, and car entertainment displays in the near future. OLED display drivers are also anticipated to be widely adopted for use in automotive applications in the next few years.
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Global Display Driver and Touch IC Market: Major Players
Toshiba
Lusem
Rohm
Magnachip
Llitek
Novatek
Samsung
Renesas
Orise Tech
Raydium
Pnaasonic
Himax
Sitronix
Global Display Driver and Touch IC Market: By Types
Driver IC
Touch IC
Global Display Driver and Touch IC Market: By Applications
Smartphones
Tablets
GPS
Others
Global Display Driver and Touch IC Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Display Driver and Touch IC market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Some of the key questions answered in this report:
● Which are the five top players of the Display Driver and Touch IC market?
● How will the Display Driver and Touch IC market change in the upcoming years?
● Which product and application will take a share of the Display Driver and Touch IC market?
● What are the drivers and restraints of the Display Driver and Touch IC market?
● Which regional market will show the highest growth?
● What will be the CAGR and size of the Display Driver and Touch IC market throughout the forecast period?
● What is the current market size, what will the market size be in 2029 and what will the growth rate be?
● What are the challenges to grow in the market?
● What are the market opportunities and challenges faced by the key vendors?
● Who are the major competitors and what is their strategy?
● What are the barriers to entry for new players in the market?
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