Display Driver Market Latest Technology, Emerging Technology till 2027

 Market Overview: 

The growing demand for LCD panels for consumer electronics such as smartphones, tablets, and PC monitors and increasing number of display manufacturers are some of the factors driving the growth of display driver market. Rapid adoption of smart displays in automotive is another factor boosting up the growth of display driver market. Furthermore, rising trends of wearables and AR/VR devices is leading to the demand of OLED and flexible displays which is further creating the demand for display drivers.

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The global Display Driver Market share was valued at USD 6.04 billion in 2017 and is expected to reach USD 8.93 billion by the end of forecast period with a CAGR of 7.16%.

Display Driver Market – Segmentation

By type, the market is segmented into display driver IC and touch display driver integration (TDDI). Display driver IC segment contribute to the largest share of the market while touch display driver integration segment is expected to grow at a higher CAGR during the forecast period. Display driver IC embedded with a capacitive-touch-screen controller is known as touch display driver integration. It is expected to gain prominence lately as more number of display driver vendors are focusing on developing this technology.

Global Display Driver Market – Regional Analysis

The Display driver market Share is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of display driver market is studied for North America, Europe, Asia-Pacific, and the rest of the world (including the Middle East, Africa, and Latin America). Among the regions mentioned, 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, there is a presence of large number of raw material suppliers in Asia-Pacific and low labor cost.

Key Players

The key players in the Display Driver Market Share are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are – Samsung Electronics Co., Ltd. (South Korea), Synaptics Inc. (US), Himax Technologies, Inc. (Taiwan), Silicon Works Co., Ltd. (South Korea), Novatek Microelectronics Corporation (Taiwan), Sitronix Technology Corporation (Taiwan), Raydium Semiconductor Corporation (Taiwan), FocalTech Systems Co., Ltd. (Taiwan), MagnaChip Semiconductor Corporation (South Korea), MediaTek Inc. (Taiwan), Fitipower Integrated Technology Inc. (Taiwan), and ROHM Semiconductor (Japan). These players contribute a major share in the growth of display driver market.

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Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

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