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Display Driver Market Analysis, Trends, Growth, Research And Forecast 2032
Display Driver Market
The Business Research Company's Display Driver Global Market Report 2023 identifies the rising demand for smartphones as the major driver for the display driver market's growth in the forecast period.Smartphones are portable electronic devices that let users browse the internet, send text messages, and make phone calls. Smartphones require display drivers to convert digital information from the processor into signals that facilitate communication between the phone's operating system and the graphics hardware, such as the graphics processing unit (GPU) or integrated graphics chip.
The global display driver market is expected to grow from $7.84 billion in 2022 to $8.44 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The display driver market is expected to reach $10.9 billion in 2027 at a CAGR of 6.6%.
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Major competitors in the display driver market are Sony Corporation,Lenovo Group Limited, Panasonic Corporation, LG Electronics Inc., Haier Group Corporation, Hisense Group,Nvidia Corporation, Advanced Micro Devices, Samsung Electronics Co. Ltd., Sharp Corporation, Koninklijke Philips N.V.,MediaTek Inc., AsusTek Computer Inc., Acer Inc., TCL Electronics, Microchip Technology Inc., Rohm Semiconductor, Novatek Microelectronics Corp., Vizio Inc., Synaptics Incorporated, Himax Technologies Inc., Fitipower Integrated Technology Inc., Raydium Semiconductor Corporation, Silicon Works Co., Ltd., FocalTech Systems Co. Ltd., Magnachip, SINOWEALTH Electronic Ltd., Solomon Systech (International) Limited , UltraChip Inc., and Sitronix Technology Corporation.
A key trend in the display driver market includes technological advancement. Major companies operating in the display driver market are developing new technologies to sustain their position in the market. For instance, in January 2022, OmniVision Technologies Inc., a US-based semiconductor manufacturing company, launched a new TD4377 TDDI (touch and display driver integration) product for cell phones, including TDDI technology. This product offers LCD and touch solutions with 1080-pixel full high definition (FHD) resolution, up to a 144 Hz screen image rate, and a touch reporting rate that doubles the screen speed. They allow the LCD module to produce screens with excellent touch sensitivity and rich, vivid colors while lowering module prices and improving production efficiency.
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https://www.thebusinessresearchcompany.com/report/display-driver-global-market-report
The display driver market is segmented -
• By Type: Display Driver Integrated Circuit(IC), Touch Display Driver Integration
• By Display Technology: Liquid Crystal Display(LCD), Organic Light-Emitting Diode (OLED), Other Display Technologies
• By Package Type: Chip-On-Glass, Chip-On-Film
• By Application: Automotive Display, Smartphone, Monitor And Notebook, Television, Smartwatch, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the display driver market.
The Business Research Company's "Global Display Driver Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Display Driver Market Include:
1. Executive Summary
2. Display Driver Market Characteristics
3. Display Driver Market Trends And Strategies
4. Display Driver Market - Macro Economic Scenario
5. Global Display Driver Market Size and Growth
……
32. Global Display Driver Market Competitive Benchmarking
33. Global Display Driver Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Display Driver Market
35. Display Driver Market Future Outlook and Potential Analysis
36. Appendix
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