The Worldwide Market for Display Drivers (2019-2023): Key Industry Dynamics and Forecasts - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 24, 2019--The “Display Driver Market by Driver Type (DDIC, TDDI), Package Type (COF, COG), Device (Smartphone, Television, Automotive, Smart Wearables, HMD, Monitor), Display Technology (LCD, OLED), Display Size, and Geography - Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.
The display driver market is estimated to grow from USD 7.1 billion in 2018 to USD 9.1 billion by 2023, at a CAGR of 5.1% between 2018 and 2023.
Growth in the use of 4K and 8K televisions and availability of UHD content, and evolving role of DDICs in individual components and single integration chips also drive the growth of the market for display driver ICs.
The construction of new OLED and LCD panel manufacturing facilities, development of display drivers based on chip-on-film packages, and innovations in TDDI-type display drivers are the major for display driver manufacturers in future. Smartphone, television, automotive, and smart wearable segments are expected to offer opportunities to display driver manufacturers in the market.
Increasing demand for display panels with high resolution, fast response time, and better picture quality is expected to influence the display driver market toward major innovations and subsequently significant growth.
However, saturated growth and declining volumes of shipments of display panels of TVs, tablets, and monitors is restraining the growth of display driver market. High competition and demand for diverse product specifications, increasing RAM capacity of display drivers for high-resolution displays, and rapid advancements in display panel technology are the major challenges faced by display driver IC suppliers.
Key HighlightsLCD displays to account for major share of display driver market during forecast period COF-type packages and TDDI-type drivers to witness high growth in the market during the forecast period South Korea to account for major share in display driver market during forecast period
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Display Driver Market, By Display Size & Devices
8 Display Driver Market, By Display Technology
9 Display Driver Market, By Driver & Package Type
10 Geographic Analysis
11 Competitive Landscape
12 Company ProfilesDialog Semiconductor Fitipower Integrated Technology Focaltech Himax Technologies Lucid Display Technology (LDT) Magnachip Semiconductor Mediatek Microchip Technology Novatek Microelectronics Olightek Raydium Semiconductor Rohm Semiconductor Samsung Electronics Silicon Works Sinowealth Electronic Sitronix Technology Solasoled Solomon Systech Synaptics Ultrachip
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SOURCE: Research and Markets
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PUB: 01/24/2019 12:54 PM/DISC: 01/24/2019 12:53 PM