Display Driver Market Synopsis:

The Display Driver Global Market is anticipated to strike a CAGR of 7.16% during the forecast period 2019 to 2023. The Display Driver Global Industry, according to the analysis, has been prognosticated to touch a valuation of USD 8.93 Bn by the end of 2023 up from USD 6.04 Bn in 2017. The growth of the consumer electronics industry is expected to dictate the growth trajectory of the market over the next couple of years.

The growing application of LCD panels in products such as tablets, PCs, mobile devices, etc. is anticipated to support the growth pattern of the display driver market in the foreseeable future. In addition, the boost witnessed in the adoption of augmented reality is likely to have a positive influence on the expansion of the market.

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The introduction of wearable devices is forecasted to revolutionize the growth trajectory of the display driver market over the next few years. Also, the introduction of smart displays in the automotive sector has been presumed to maximize profit for the players of the display driver market. The development of telematics, advanced infotainment systems, and heads-up displays for enhancing safety & security of passenger as well as the vehicle is poised to expedite market growth in the forthcoming years.

Display Driver Market Competitive Dashboard:

Some of the noted players profiled in this MRFR report are Samsung Electronics Co., Ltd. (South Korea), Himax Technologies, Inc. (Taiwan), Synaptics Inc. (US), Silicon Works Co., Ltd. (South Korea), Sitronix Technology Corporation (Taiwan), Raydium Semiconductor Corporation (Taiwan), Novatek Microelectronics Corporation (Taiwan), FocalTech Systems Co., Ltd. (Taiwan), MediaTek Inc. (Taiwan), Fitipower Integrated Technology Inc. (Taiwan), MagnaChip Semiconductor Corporation (South Korea), and ROHM Semiconductor (Japan). Other players participating in the market share analysis are Solomon Systech Limited (Hong Kong), Yunnan OLiGHTEK Opto-Electronic Technology Co., Ltd. (China), Microchip Technology Inc. (US), Dialog Semiconductor PLC (UK), Lucid Display Technology Inc. (South Korea), SINOWEALTH Electronics Ltd. (China), SolasOLED LTD. (Ireland), and UltraChip Inc. (Taiwan).

Display Driver Industry News:

In January 2019, Samsung, a South Korean conglomerate, has announced the launch of a new display driver IC (DDI) for 8K resolution TVs.

In March 2019, Nvidia Corporation, an American technology company, has announced the launch of GeForce Hotfix display driver version 425.11 based on Game Ready Driver 419.67.

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.

By device, display driver IC is segmented into smartphone, tablet, wearable, TV, PC monitor, automotive displays, and others. Smartphone is one of the largest segments contributing to a significant share in the display driver market. Automotive display segment is expected to grow at a significant CAGR during the forecast period owing to factors such as increasing demand for connected vehicles and growing inclination towards advanced technologies. By technology, the market is divided into LCD, OLED, and others. By package type, the market is segmented into Chip-On-Glass (COG) and Chip-On-Film (COF). Adoption of Chip-On-Film package type is expected to increase rapidly during the forecast period.

Regional Analysis

The Display driver market 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.

Europe is expected to grow at the highest rate due to growing automobile industry in this region. Many companies are increasing their production for display driver ICs used in automotive displays. For instance, in October 2018, Magnachip Semiconductor, a semiconductor manufacturing company, started its volume production for its latest display driver IC for automotive panel displays. North America is also expected to contribute a significant share to the market due to high readiness for technology adoption in this region.

TABLE OF CONTENTS

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.3 Research Objectives

2.4 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining Power of Buyers

4.1.3 Threat of Substitutes

4.1.4 Segment Rivalry

4.1.5 Bargaining Power of Suppliers

4.2 Value Chain/Supply Chain of Display Driver

5 Market Landscape

5.1 Introduction

5.2 Growth Drivers

5.3 Impact Analysis

5.4 Market Challenges

LIST OF TABLES

Table 1 Display Driver Market, By Region, 2018–2023

Table 2 North America: Display Driver Market, By Country, 2018–2023

Table 3 Europe: Display Driver Market, By Country, 2018–2023

Table 4 Asia-Pacific: Display Driver Market, By Country, 2018–2023

Table 5 Middle East & Africa: Display Driver Market, By Country, 2018–2023

Continued…

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LIST OF FIGURES

FIGURE 1 Global Display Driver Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Display Driver Market

FIGURE 4 Value Chain of Global Display Driver Market

FIGURE 5 Share of Global Display Driver Market In 2017, By Country (In %)

Continued…

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