Display Driver Market Research Report – Global Forecast till 2027

Display Driver Market, by Type (Display Driver IC, Touch Display Driver Integration), by Device (Smartphone, Tablet, Wearable, TV, Automotive Display), by Technology (LCD, OLED, Others), by Package Type (Chip-On-Glass, Chip-On-Film) — Forecast till 2027

ID: MRFR/SEM/5846-HCR | February 2021 | Region: Global | 100 Pages         

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

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact Analysis

7 Display Driver Market by Type

7.1 Introduction

7.2 Display Driver IC

7.2.1 Market Estimates & Forecast, 2020–2027

7.2.2 Market Estimates & Forecast by Region, 2020–2027

7.3 Touch Display Driver Integration

7.3.1 Market Estimates & Forecast, 2020–2027

7.3.2 Market Estimates & Forecast by Region, 2020–2027

8 Display Driver Market by Device

8.1 Introduction

8.2 Smartphone

8.2.1 Market Estimates & Forecast, 2020–2027

8.2.2 Market Estimates & Forecast by Region, 2020–2027

8.3 Tablet

8.3.1 Market Estimates & Forecast, 2020–2027

8.3.2 Market Estimates & Forecast by Region, 2020–2027

8.4 Wearable

8.4.1 Market Estimates & Forecast, 2020–2027

8.4.2 Market Estimates & Forecast by Region, 2020–2027

8.5 TV

8.5.1 Market Estimates & Forecast, 2020–2027

8.5.2 Market Estimates & Forecast by Region, 2020–2027

8.6 PC monitor

8.6.1 Market Estimates & Forecast, 2020–2027

8.6.2 Market Estimates & Forecast by Region, 2020–2027

8.7 Automotive Display

8.7.1 Market Estimates & Forecast, 2020–2027

8.7.2 Market Estimates & Forecast by Region, 2020–2027

8.8 Others

8.8.1 Market Estimates & Forecast, 2020–2027

8.8.2 Market Estimates & Forecast by Region, 2020–2027

9 Display Driver Market by Technology

9.1 Introduction

9.2 LCD

9.2.1 Market Estimates & Forecast, 2020–2027

9.2.2 Market Estimates & Forecast by Region, 2020–2027

9.3 OLED

9.3.1 Market Estimates & Forecast, 2020–2027

9.3.2 Market Estimates & Forecast by Region, 2020–2027

9.4 Others

9.4.1 Market Estimates & Forecast, 2020–2027

9.4.2 Market Estimates & Forecast by Region, 2020–2027

10 Display Driver Market by Package Type

10.1 Introduction

10.2 Chip-On-Glass

10.2.1 Market Estimates & Forecast, 2020–2027

10.2.2 Market Estimates & Forecast by Region, 2020–2027

10.3 Chip-On-Film

10.3.1 Market Estimates & Forecast, 2020–2027

10.3.2 Market Estimates & Forecast by Region, 2020–2027

11 Display Driver Market by Region

11.1 Introduction

11.2 North America

11.2.1 Market Estimates & Forecast by Country, 2020–2027

11.2.2 Market Estimates & Forecast by Type, 2020–2027

11.2.3 Market Estimates & Forecast by Device, 2020–2027

11.2.4 Market Estimates & Forecast by Technology, 2020–2027

11.2.5 Market Estimates & Forecast by Package Type, 2020–2027

11.2.6 US

11.2.6.1 Market Estimates & Forecast by Type, 2020–2027

11.2.6.2 Market Estimates & Forecast by Device, 2020–2027

11.2.6.3 Market Estimates & Forecast by Technology, 2020–2027

11.2.6.4 Market Estimates & Forecast by Package Type, 2020–2027

11.2.7 Canada

11.2.7.1 Market Estimates & Forecast by Type, 2020–2027

11.2.7.2 Market Estimates & Forecast by Device, 2020–2027

11.2.7.3 Market Estimates & Forecast by Technology, 2020–2027

11.2.7.4 Market Estimates & Forecast by Package Type, 2020–2027

11.2.8 Mexico

11.2.8.1 Market Estimates & Forecast by Type, 2020–2027

11.2.8.2 Market Estimates & Forecast by Device, 2020–2027

11.2.8.3 Market Estimates & Forecast by Technology, 2020–2027

11.2.8.4 Market Estimates & Forecast by Package Type, 2020–2027

11.3 Europe

11.3.1 Market Estimates & Forecast by Country, 2020–2027

11.3.2 Market Estimates & Forecast by Type, 2020–2027

11.3.3 Market Estimates & Forecast by Device, 2020–2027

11.3.4 Market Estimates & Forecast by Technology, 2020–2027

11.3.5 Market Estimates & Forecast by Package Type, 2020–2027

11.3.6 Germany

11.3.6.1 Market Estimates & Forecast by Type, 2020–2027

11.3.6.2 Market Estimates & Forecast by Device, 2020–2027

11.3.6.3 Market Estimates & Forecast by Technology, 2020–2027

11.3.6.4 Market Estimates & Forecast by Package Type, 2020–2027

11.3.7 UK

11.3.7.1 Market Estimates & Forecast by Type, 2020–2027

11.3.7.2 Market Estimates & Forecast by Device, 2020–2027

11.3.7.3 Market Estimates & Forecast by Technology, 2020–2027

11.3.7.4 Market Estimates & Forecast by Package Type, 2020–2027

11.3.8 France

11.3.8.1 Market Estimates & Forecast by Type, 2020–2027

11.3.8.2 Market Estimates & Forecast by Device, 2020–2027

11.3.8.3 Market Estimates & Forecast by Technology, 2020–2027

11.3.8.4 Market Estimates & Forecast by Package Type, 2020–2027

11.3.9 Rest of Europe

11.3.9.1 Market Estimates & Forecast by Type, 2020–2027

11.3.9.2 Market Estimates & Forecast by Device, 2020–2027

11.3.9.3 Market Estimates & Forecast by Technology, 2020–2027

11.3.9.4 Market Estimates & Forecast by Package Type, 2020–2027

11.4 Asia-Pacific

11.4.1 Market Estimates & Forecast by Country, 2020–2027

11.4.2 Market Estimates & Forecast by Type, 2020–2027

11.4.3 Market Estimates & Forecast by Device, 2020–2027

11.4.4 Market Estimates & Forecast by Technology, 2020–2027

11.4.5 Market Estimates & Forecast by Package Type, 2020–2027

11.4.6 China

11.4.6.1 Market Estimates & Forecast by Type, 2020–2027

11.4.6.2 Market Estimates & Forecast by Device, 2020–2027

11.4.6.3 Market Estimates & Forecast by Technology, 2020–2027

11.4.6.4 Market Estimates & Forecast by Package Type, 2020–2027

11.4.7 India

11.4.7.1 Market Estimates & Forecast by Type, 2020–2027

11.4.7.2 Market Estimates & Forecast by Device, 2020–2027

11.4.7.3 Market Estimates & Forecast by Technology, 2020–2027

11.4.7.4 Market Estimates & Forecast by Package Type, 2020–2027

11.4.8 Japan

11.4.8.1 Market Estimates & Forecast by Type, 2020–2027

11.4.8.2 Market Estimates & Forecast by Device, 2020–2027

11.4.8.3 Market Estimates & Forecast by Technology, 2020–2027

11.4.8.4 Market Estimates & Forecast by Package Type, 2020–2027

11.4.9 Rest of Asia-Pacific

11.4.9.1 Market Estimates & Forecast by Type, 2020–2027

11.4.9.2 Market Estimates & Forecast by Device, 2020–2027

11.4.9.3 Market Estimates & Forecast by Technology, 2020–2027

11.4.9.4 Market Estimates & Forecast by Package Type, 2020–2027

11.5 Rest of the World

11.5.1 Market Estimates & Forecast by Country, 2020–2027

11.5.2 Market Estimates & Forecast by Type, 2020–2027

11.5.3 Market Estimates & Forecast by Device, 2020–2027

11.5.4 Market Estimates & Forecast by Technology, 2020–2027

11.5.5 Market Estimates & Forecast by Package Type, 2020–2027

11.5.6 Middle East & Africa

11.5.6.1 Market Estimates & Forecast by Type, 2020–2027

11.5.6.2 Market Estimates & Forecast by Device, 2020–2027

11.5.6.3 Market Estimates & Forecast by Technology, 2020–2027

11.5.6.4 Market Estimates & Forecast by Package Type, 2020–2027

11.5.7 Latin America

11.5.7.1 Market Estimates & Forecast by Type, 2020–2027

11.5.7.2 Market Estimates & Forecast by Device, 2020–2027

11.5.7.3 Market Estimates & Forecast by Technology, 2020–2027

11.5.7.4 Market Estimates & Forecast by Package Type, 2020–2027

12 Competitive Landscape

13 Company Profiles

13.1 Samsung Electronics Co., Ltd.

13.1.1 Company Overview

13.1.2 Product/Business Segment Overview

13.1.3 Financial Updates

13.1.4 Key Developments

13.1.5 SWOT Analysis

13.1.6 Key Strategy

13.2 Synaptics Inc.

13.2.1 Company Overview

13.2.2 Product/Business Segment Overview

13.2.3 Financial Updates

13.2.4 Key Developments

13.2.5 SWOT Analysis

13.2.6 Key Strategy

13.3 Himax Technologies, Inc.

13.3.1 Company Overview

13.3.2 Product/Business Segment Overview

13.3.3 Financial Updates

13.3.4 Key Developments

13.3.5 SWOT Analysis

13.3.6 Key Strategy

13.4 Silicon Works Co., Ltd.

13.4.1 Company Overview

13.4.2 Product/Business Segment Overview

13.4.3 Financial Updates

13.4.4 Key Developments

13.4.5 SWOT Analysis

13.4.6 Key Strategy

13.5 Novatek Microelectronics Corporation

13.5.1 Company Overview

13.5.2 Product/Business Segment Overview

13.5.3 Financial Updates

13.5.4 Key Developments

13.5.5 SWOT Analysis

13.5.6 Key Strategy

13.6 Sitronix Technology Corporation

13.6.1 Company Overview

13.6.2 Product/Business Segment Overview

13.6.3 Financial Updates

13.6.4 Key Developments

13.6.5 SWOT Analysis

13.6.6 Key Strategy

13.7 Raydium Semiconductor Corporation

13.7.1 Company Overview

13.7.2 Product/Business Segment Overview

13.7.3 Financial Updates

13.7.4 Key Developments

13.7.5 SWOT Analysis

13.7.6 Key Strategy

13.8 FocalTech Systems Co., Ltd.

13.8.1 Company Overview

13.8.2 Product/Business Segment Overview

13.8.3 Financial Updates

13.8.4 Key Developments

13.8.5 SWOT Analysis

13.8.6 Key Strategy

13.9 MagnaChip Semiconductor Corporation

13.9.1 Company Overview

13.9.2 Product/Business Segment Overview

13.9.3 Financial Updates

13.9.4 Key Developments

13.9.5 SWOT Analysis

13.9.6 Key Strategy

13.10 ROHM Semiconductor

13.10.1 Company Overview

13.10.2 Product/Business Segment Overview

13.10.3 Financial Updates

13.10.4 Key Developments

13.10.5 SWOT Analysis

13.10.6 Key Strategy

14 Conclusion

 

LIST OF TABLES

Table 1 Display Driver Market, by Region, 2020–2027

Table 2 North America: Display Driver Market, by Country, 2020–2027

Table 3 Europe: Display Driver Market, by Country, 2020–2027

Table 4 Asia-Pacific: Display Driver Market, by Country, 2020–2027

Table 5 Middle East & Africa: Display Driver Market, by Country, 2020–2027

Table 6 Latin America: Display Driver Market, by Country, 2020–2027

Table 7 Global Display Driver Type Market, by Region, 2020–2027

Table 8 North America: Display Driver Type Market, by Country, 2020–2027

Table 9 Europe: Display Driver Type Market, by Country, 2020–2027

Table 10 Asia-Pacific: Display Driver Type Market, by Country, 2020–2027

Table 11 Middle East & Africa: Display Driver Type Market, by Country, 2020–2027

Table 12 Latin America: Display Driver Type Market, by Country, 2020–2027

Table 13 Global Display Driver Device Market, by Region, 2020–2027

Table 14 North America: Display Driver Device Market, by Country, 2020–2027

Table 15 Europe: Display Driver Device Market, by Country, 2020–2027

Table 16 Asia-Pacific: Display Driver Device Market, by Country, 2020–2027

Table 17 Middle East & Africa: Display Driver Device Market, by Country, 2020–2027

Table 18 Latin America: Display Driver Device Market, by Country, 2020–2027

Table 19 Global Display Driver Technology Market, by Region, 2020–2027

Table 20 North America: Display Driver Technology Market, by Country, 2020–2027

Table 21 Europe: Display Driver Technology Market, by Country, 2020–2027

Table 22 Asia-Pacific: Display Driver Technology Market, by Country, 2020–2027

Table 23 Middle East & Africa: Display Driver Technology Market, by Country, 2020–2027

Table 24 Latin America: Display Driver Technology Market, by Country, 2020–2027

Table 25 Global Display Driver Package Type Market, by Region, 2020–2027

Table 26 North America: Display Driver Package Type Market, by Country, 2020–2027

Table 27 Europe: Display Driver Package Type Market, by Country, 2020–2027

Table 28 Asia-Pacific: Display Driver Package Type Market, by Country, 2020–2027

Table 29 Middle East & Africa: Display Driver Package Type Market, by Country, 2020–2027

Table 30 Latin America: Display Driver Package Type Market, by Country, 2020–2027

 

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 2020, by Country (in %)

FIGURE 6 Global Display Driver Market, 2020–2027

FIGURE 7 Global Display Driver Market Size, by Type, 2020

FIGURE 8 Global Display Driver Market Size, by Device, 2020

FIGURE 9 Global Display Driver Market Size, by Technology, 2020

FIGURE 10 Global Display Driver Market Size, by Package Type, 2020

Display Driver Market Speak to Analyst Request a Free Sample

Display Driver Market Overview 


The global display driver market was valued at USD 6.04 billion in 2017 and is expected to reach USD 8.93 billion by the end of forecast period with a CAGR of 7.16%. The display driver is a semiconductor device. The use of display drivers is prevalent in tablets, mobiles and other electronic devices. The prevalence of these devices is leading to high demand for the display driver market. Many electronics manufacturers use this driver in all their products. There are plenty of benefits of this driver are high in consumer electronics.


Even the display panels in a device need proper voltage to function. The display drivers offer or regulate the right voltage to these panels. The driver is an additional circuit that supports the microprocessors in any device. Today, there are many new types of electronics available in the market. There are smartphones, wearable, laptops and tablets in the display driver market. These devices are having high integration of the display driver chip. The penetration of these driver chips is rising.


LED displays segment of the market is witnessing more demand. The use of LED display drivers is high in recent years. Smart TVs, smartphones, smart watches have the use of LED display drivers. These trends in the market will lead to high growth. All these factors will contribute to immense Display Driver Market Value. 


COVID Analysis 


The outbreak of covid 19 is leading to plenty of challenges in the global economy. Many businesses are suffering from the recession. There is a lack of profits in many markets. There are plenty of covid restrictions across the globe. Since the outbreak of covid, there is a slowdown in business in 2020. The lack of funds is prevalent in many markets. There are supply chain disruptions in the display driver market.


Display drivers are crucial components in the electronics market. However, the demand for consumer electronics is facing a decline. The top electronics manufacturer is facing a downfall. Japan and China are hard hit by this covid. The rapid virus spread is causing many challenges to the display driver market. However, since 2021, there is an upsurge in demand. The stores and driver production is rising. In the upcoming years, the demand for display drivers will rise. All these factors will create a positive impact in the next few years. 


Market Dynamics 



  • Crucial Market Drivers 


The expansion of the electronics industry will create more Display Driver Market Demand. The electronics market is rapidly expanding. The demand from the user end is immense for the market. The outbreak of digitalization is owing to the growth of this market. Internet penetration across the world is leading to more electronics purchases. Several electronics devices are having immense demand. Due to these factors, the use of display drivers is high.


Top electronics manufacturers are integrating these display drivers. Further, the demand from the automotive industry is another crucial driver of the display driver market. The automotive market is facing a surge in demand for pricey display drivers. It is an industry that has the highest investment for this market. Especially, the OLED displays have high more need in this market. The use of OLED for smart TVs and other components need OLED.


Further, these 4K and 8 k resolution devices are customers’ preferences. Especially, smartphones users are growing in many regions. Due to the increased disposable income, the purchase of electronics is growing. In many countries, customers demand smartphones are flooding. All these factors contribute to high Display Driver Market Revenue. 



  • The Market Growth Opportunities 


Consumer expenditure in media and entertainment will grow. During covid 19, the only entertainment for many is electronics. Through these devices watching series and channels are prevalent. Due to this, the demand for entertainment devices will grow in the next few years. It will create Display Driver Market Growth opportunities. Further, the launch of new devices is creating more growth possibilities. Today, the lifestyle of people is rapidly changing. Many are preferring luxury products.


The launch of luxury electronics will contribute to the display driver market. The high-end OLED devices boost the profits of this market. The growing demand for luxury electronics will contribute to market expansion. Further, rising RD is a factor that will create exceptional growth prospects. Thinner and efficient driver chips will be the outcome of the research. The display driver features are increasing due to extensive market research. Furthermore, the rising investment from the developing nations will continue to create market opportunities. There is high scope for the display drivers in emerging markets. These developments will increase profits in the display driver market. 



  • The Market Restraints 


There is a lack of raw materials in the production of the Display Driver. During this covid 19 periods, there are plenty of challenges for the display driver market. Lack of raw material is a persistent problem. The rising raw material requirement is a restraining factor. However, with the scarcity production rate of this market can slow down.


The decline in production can cause a delay in meeting market demand. The growth of this market is slowing down due to these factors. Further, demand for alternative display drivers is a restriction in the market. Some of the display drivers are less expensive. These cost-effective alternatives can affect the demand of this market. 



  • The Market Challenges 


The high cost is a challenging factor of the display driver market. The display drivers are expensive. They are quality and sturdy drivers that come with plenty of benefits. However, the price is a crucial restraint that can affect both the supply and growth of this market. There are plenty of declines in the demand due to its high cost.


The display drivers are used in the expensive electronics. Already these electronics devices are priced high. With the use, of a high-end display driver the end cost is immense. Due to this, luxury electronics have high use of these drivers. It is a challenge that can affect the display driver market expansion rate. 



  • Cumulative Growth Analysis 


Display Driver Market Forecast shows positive growth. There are plenty of factors that stir the growth of this market. Digitization is a crucial driver of this market. The need for display drivers is rising due to the high requirement for consumer electronics.


Need for the OLED in devices is another factor that boosts the market growth. Furthermore, the lack of raw materials is a challenge to the market. There is raw material scarcity for the market. Also, high cost is another factor that affects growth. However, there are plenty of growth possibilities such as rising customer investment that will bring favourable changes. 



  • Value Chain Analysis 


The Asia Pacific holds the highest Display Driver Market Share. The need for display drivers is rising due to the consumer electronics market. The countries such as china and Japan are key manufacturers of electronics. The rising manufacturing activities will increase the integration of this driver.


Further, the investment among key players is high. There are massive investments due to digitization. Also, the supply of raw materials is exceptional in Asia pacific. The major challenge of this display driver market is lack of raw materials. However, there is no concern in the Asia Pacific region. It is a region that will market the highest growth rate in the forecast period. 


Display Driver Market Segment Overview 



  • Smartphone

  • Tablet

  • Small Devices

  • Feature Phones

  • Small Medical Devices

  • Industrial Displays

  • Automotive Display

  • Medium-Sized and Large Devices

  • Monitor & Notebook

  • Television

  • Others 

  • Smart Watch

  • VR HMD

  • AR HMD

  • Smart Wearables

  • By display Technology 

  • OLED

  • LCD

  • Based on Driver & Package type, 

  • Touch and Display Driver Integration (TDDI)

  • Display Driver IC(DDIC)

  • Chip-on-Glass (COG)

  • Market By Package Type

  • Chip-on-Film (COF)


By Region


The U.S.



  • Canada

  • North America

  • Mexico


Europe



  • the UK

  • France

  • Germany

  • Rest of Europe

  • Italy


Asia-Pacific



  • Japan

  • India

  • South Korea

  • China

  • Rest of Asia-Pacific

  • Latin America

  • the Middle East

  • LAMEA

  • Africa


Display Driver Market Competitive Landscape 


The competition in the display driver market will increase. There are plenty of acquisitions, mergers and partnerships in the market. New product launches are other developments in the market. 


Display Driver Market Regional Analysis 


The key regions in the market are Asia Pacific, Europe and North America. The Asia Pacific is a leading region with the highest number of shares. The booming electronics market will witness high demand for the product. Further, china, South Korea and Taiwan will have the highest contributions to the market.


North America is a region that has the highest adoption of display drivers. The investments in the market are higher in the forecast period. Further, Europe is an exceptional market with a high expansion rate. The scope for display drivers is growing in the consumer electronics market. As per Display Driver Market Analysis there are much more developments among regional players.


The key players of the display driver market are 



  1. ROHM Semiconductor

  2. Synaptics Inc. 

  3. Himax Technologies, Inc.

  4. Firepower Integrated Technology Inc

  5. Novatek Microelectronics Corporation 

  6. Raydium Semiconductor Corporation 

  7. FocalTech Systems Co., Ltd

  8. (South Korea), MediaTek Inc.

  9. Silicon Works Co., Ltd.

  10. Samsung Electronics Co., Ltd



  1. MagnaChip Semiconductor Corporation

  2. Sitronics Technology Corporation (Taiwan)


Display Driver Market Report Overview 



  1. Market Overview Highlights 

  2. Analysis Based Upon COVID 19

  3. Explanation upon the Market Dynamics

  4. Value Chain Analysis

  5. Market Segmentation Overview

  6. The Regional Analysis

  7. Competitive Landscape Analysis

  8. Recent Developments



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 8.93 billion
  CAGR   7.16%
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, Device, Technology, Package Type
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors

  • Samsung Electronics Co., Ltd. (South Korea), Synaptics Inc. (US), Himax Technologies, Inc. (Taiwan), Silicon Works Co., Ltd. (South Korea), Novatek Microelectronics Corporation (Taiwan), Sitronix Technology Corporation (Taiwan), Raydium Semiconductor Corporation (Taiwan), FocalTech Systems Co., Ltd. (Taiwan), MagnaChip Semiconductor Corporation (South Korea), MediaTek Inc. (Taiwan), Fitipower Integrated Technology Inc. (Taiwan), and ROHM Semiconductor (Japan)
  • Solomon Systech Limited (Hong Kong), Microchip Technology Inc. (US), Yunnan OLiGHTEK Opto-Electronic Technology Co., Ltd. (China), Dialog Semiconductor PLC (UK), SolasOLED LTD. (Ireland), Lucid Display Technology Inc. (South Korea), SINOWEALTH Electronics Ltd. (China), and UltraChip Inc. (Taiwan) and others
  •   Key Market Opportunities   Rising trends of wearables and AR/VR devices is leading to the demand of OLED and flexible displays which is further creating the demand for display drivers.
      Key Market Drivers

  • The growing demand for LCD panels for mobile devices, TVs, and PC monitors.
  • Increasing number of display manufacturers.


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    Frequently Asked Questions (FAQ) :

    The global display driver market is expected to reach USD 8.93 billion by 2023.

    The global display driver market is expected to exhibit a strong 7.16% CAGR over the forecast period from 2018 to 2023.

    The growing demand for LCD panels in consumer electronics such as mobile phones and TVs is the major driver for the display driver market.

    Asia Pacific is expected to dominate the global display driver market.

    Leading players in the global display driver market include MediaTek Inc., Raydium Semiconductor Corporation, Silicon Works Co. Ltd., Himax Technologies Inc., Synaptics Inc., Sitronix Technology Corporation, and ROHM Semiconductor, among others.