Press release
Display Controller Market Accruals of Tremendous Growth By 2023 and Top Players: Samsung, LG, Texas, Toshiba, Intersil, Fujitsu, Solomon, RAiO Technology
Market Synopsis of Display Controller Market
Market Scenario
Major giants like Samsung Electronics and LG Display are investing into display controller market due to increasing demand from various industry verticals like healthcare, education, corporate, government among others. Increasing adoption of smartphones with advanced displays is one major factor fueling the growth of display controller market. Samsung Electronics has been dominating the overall display controller market owing to the increasing demand for consumer electronics.
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North America region holds the largest market share of global display controller market followed by Europe and Asia Pacific regions. The growth is North America region is mainly dominated by U.S. and Canada and is attributed to the increasing demand for mobile communication and consumer electronics in the region. The region also has a well-established infrastructure which allows implementation of advanced technologies.
Display controller market has been segmented on the basis of display type, video interface and application. The display type segment is further bifurcated into LCD controller, touchscreen controller, multi-display controller, smart display controller and graphics display controller. Out of which, the LCD controllers sub segment has accounted for the largest market share of display controller market. This is owning to the increasing demand for LCD televisions in consumer appliances and increasing adoption of home appliances and automotive appliances implementing the LCD technology.
Major factor driving the growth of Display Controller Market is the growing need for sophisticated display controllers in teleconferencing. Teleconferencing has become very common in businesses that are run at different places and can communicate through conference calls. So this requires a sophisticated display controller in order to make the communications hassle free. Growing adoption of interactive displays is another major factor driving the growth of display controller market. Interactive displays are being adopted across various industry verticals such as education, retail, healthcare, government among others. More and more number of retailers today are adopting interactive displays in stores to assist customers. Healthcare vertical also has various applications of interactive displays such as educating patients about advanced technologies in medical and also educate them about insurance offerings too. Hence display controllers are being rapidly adopted in healthcare sector. Interactive displays are also used for advertising purposes which easily help in grabbing attention of the consumers.
The global display controller market is expected to grow at approx. USD 36 Billion by 2023, at 10% of CAGR between 2017 and 2023.
Regional Analysis:
The regional analysis of display controller market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that North America is estimated to account for the largest share of the market, whereas Asia-Pacific is projected to grow at the fastest rate during the forecast period. The major growth in display controller market in North America is attributed to technical advancements and increasing use of mobile devices, tablets and smartphones in that region.
Segments:
Display controller market can be segmented on the basis of following:
By Display Type
LCD Controller
Touchscreen Controller
Multi Display Controller
Smart Display Controller
Graphics Display Controller
By Video Interface
Type
VGA
WVGA
DVI
HDMI
VHDCI
Display Port
Display Controllers
Video Shifter
Video Interface Controller
Video Co-Processor
By Application
Appliances
Industrial Control
Medical Equipment
Office Automation
Automotive
Mobile Communication Devices
Entertainment & Gaming
Others
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Key Players
The prominent players in display controller market are – Samsung Electronics Co., Ltd. (South Korea), LG Display Co., Ltd. (South Korea), Texas Instruments, Inc. (U.S.), Toshiba Corporation (Japan), Novatek Microelectronics Corporation (Taiwan), Intersil (U.S.), Fujitsu Limited (Japan), Seiko Epson Corporation (Japan), Solomon Technology Ltd. (Hong Kong), RAiO Technology, Inc. (Taiwan) among others.
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Media Contact:
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
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