What is Display Driver ICMarket?
Display driver integrated circuit is used to perform and operate display panels of hand-held devices such as wearable devices, mobile phones laptops, and others. Growing sales of electronic devices such as TVs, mobile phones, laptop, and others have been supplementing the growth of the market. Additionally, increasing demand for touch display controller and high demand for high-quality display drivers is fueling the market. However, low availability of raw material (doped indium tin oxide (ITO)) and integration of software and interface solutions in display added cost results in the high cost of the product are the reasons that are limiting the overall growth of the market. Moreover, increasing demand for displays from the automotive sector for the instrument cluster, GPS navigation, and car entertainment displays have the potential to growth market in the coming years.
Display Driver IC Market Report Coverage
Report Coverage | Details |
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Study Timeframe | 2018 to 2028 |
Base Year | 2022 |
Forecast Period 2022 to 2028 CAGR | 4.8% |
Growth Drivers | - Increasing Sales of Electronic Devices such as TVs, Mobile Phones, Laptop and Others
- High Demand for High-Quality Display Drivers is Fueling the Market
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Challenges & Pitfalls | - Integration of Software and Interface Solutions in Display Added Cost Results in High Cost of Product
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Opportunities
Increasing Demand for displays from the automotive sector for Instrument Cluster, GPS Navigation, and Car Entertainment Displays
Restraints
- Low Availability of Raw Material (Doped Indium Tin Oxide (ITO))
The Vendors Covered in the Study are:
Texas Instruments (United States), National Semiconductor (United States), ON Semiconductor (United States), NXP Semiconductors (Netherlands), Linear Technology (United States), Maxim Integrated (United States), Power Integrations, Inc. (United States), IWatt, Inc. (United States), MACROBLOCK, INC (Taiwan) and Fairchild Semiconductor (United States)
Available Customization:
A list of players that can be included in the study on an immediate basis are Semtech (United States) and Supertex.
Market Development Activities
In March 2023 Sweden & BOSTON Smart Eye, the global leader in Human Insight AI, today announced a collaboration with Texas Instruments (TI) (Nasdaq: TXN). The companies’ technologies work together to provide automakers with an innovative interior sensing solution that improves driver safety, and enables in-cabin experiences that enhance comfort, wellness, and entertainment. Running on TI’s new AM62A7-Q1 automotive qualified vision processor, Smart Eye’s award-winning Automotive Interior Sensing AI provides critical safety features to upcoming car models going into production
In January 2019, Samsung has announced the launch of 4Gbps display driver for 8K TVs. The launch will increases the efficiency and performance of 8K TVs. Additionally, the company states that the new launch will enhance speed by times. Thus, the new launch of the company can create a big opportunity for the company.