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Global Display Driver Market Report 2019: Market was Valued at $6.57 Billion in 2017 and is Expected to Reach $9.12 Billion by 2023

[January 24, 2019]

Global Display Driver Market Report 2019: Market was Valued at $6.57 Billion in 2017 and is Expected to Reach $9.12 Billion by 2023

DUBLIN, Jan. 24, 2019 /PRNewswire/ --

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 was valued at USD 6.57 billion in 2017 and is expected to reach USD 9.12 billion by 2023, at a CAGR of 5.1% during the forecast period.

A display driver IC controls the current and voltage requirements across the display panel for it to function. The display driver receives image data from timing controller and delivers precise analog voltages or currents to create images on the display.

The two main types of display drivers in the market are display driver IC (DDIC) and touch and display driver integration (TDDI). DDIC-type drivers require separate integration of touch controller, whereas TDDI IC offers both display driver and touch controller functionalities.

Both types of display drivers can be manufactured on the basis of two main packaging methodschip-on-glass (CoG), and chip-on-film (CoF). COG-based display drivers have been in the market for many years; however, COF is emerging as a new approach, especially in small devices where full-view displays are major focus currently.

Each display panel has a unique pixel design to meet particular requirements, and to optimize panel's performance, display drivers are customized for each design. The most common customization requirement is to optimize the gamma curve. Display driver manufacturers work closely with their customers (display panel manufacturr) to develop products that meet their specific needs to optimize the overall performance of end products.

Increasing demand for OLED and flexible displays, adoption of highly priced and advanced display drivers, and growth in automotive displays are the major factors driving the market. 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.

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 opportunities in front of display driver manufacturers in near future. Smartphone, television, automotive, and smart wearable segments are expected to offer high growth opportunities to display driver manufacturers in the market.

Display driver solution provider are closely watching the display panel market to establish growth strategies mainly because of emerging display technologies such as micro-LED and true quantum dot, which will play crucial role in display panel market in far future.

Saturated growth and declining volumes of shipments of display panels for TVs, tablets, and monitors are expected to hamper the growth of display driver market during the forecast period. High competition and demand for diverse product specification, and rapid advancements in display technologies are the major challenges faced by display driver manufacturers in the market.

Topics Covered:

1 Introduction

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 Profiles

Dialog 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

For more information about this report visit https://www.researchandmarkets.com/research/nz8nrq/global_display?w=5

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View original content:http://www.prnewswire.com/news-releases/global-display-driver-market-report-2019-market-was-valued-at-6-57-billion-in-2017-and-is-expected-to-reach-9-12-billion-by-2023--300783739.html

SOURCE Research and Markets

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