Industry Background:
Display Port refers to an interface for digital display developed by a consortium of PC and chip manufacturers and is designed to replace VGA, DVI and FDP Link. The Display Port is expected to grow significantly in the forecasted period owing to the growing use of embedded ports which has taken from the industry. The important factors causing traction in the port market is high-quality video content. It’s a display interface to rely on packetized data transmission and form of digital communication found in technologies including Ethernet, USB and PCI Express.
According to AMA Research, the market for Display Port is expected to register a CAGR of 7.9% during the forecast period to 2030. This growth is primarily driven by Rise in Use of Projectors and LCD Monitors
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Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Electrical Components & Equipment sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as ADLINK Technology, Inc. (Taiwan), Adam Technologies, Inc. (United States), Advanced Micro Devices, Inc. (United States), Analogix Semiconductor, Inc. (United States), ATEN International Co., Ltd. (Taiwan), Intel Corporation (United States), Molex, Inc. (United States), PNY Technologies, Inc. (United States), STMicroelectronics N.V. (Switzerland) and Texas Instruments, Inc. (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In July 2023, The Khronos Group and VESA collaborated to standardize XR Extension for DisplayPort, enhancing XR (Extended Reality) experiences with improved bandwidth and low latency.
In September 2023, VESA unveiled the DisplayPort 2.2 standard, offering increased resolutions (up to 16K @ 120Hz or 8K @ 240Hz), higher bitrates (up to 13.8 Gbps per lane), and improved compression capabilities. This signifies a significant advancement for high-resolution and high-refresh-rate displays.The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market in the near future. Players are anticipated to focus on the development of new compounds, which is likely to encourage the growth of the global market throughout the forecast period.
Influencing Trend:
Technology Advancement in Display Port
Market Growth Drivers:
Rise in Use of Projectors and LCD Monitors and Increasing Adoption of Wired Interface Connectivity Because of Low Data Streaming/ Transferring Capacity of Technology
Challenges:
Certification of Products
Restraints:
Declining Shipment of PCs and Tablets and Overall Drop in Global Commodity Prices
Opportunities:
Increase in Application of Display Port
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Display Port Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Display Port Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Display Port players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Display Port Study Sheds Light on
The Display Port Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Display Port industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Display Port industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.