Global Display Driver Market Report 2024: Size, Drivers, And Top Segments
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The display driver market has witnessed robust growth, climbing from $8.44 billion in 2023 to $9.06 billion in 2024, with a CAGR of 7.5%. This surge is driven by escalating demand for electronic devices and a market shift towards higher resolution displays. Anticipated growth is strong, with the market projected to reach $11.66 billion in 2028, boasting a CAGR of 6.5%. Factors fueling this growth include the integration of advanced OLED and microLED displays, along with rising adoption of augmented reality and virtual reality technologies. Major trends in the forecast period encompass the demand for higher refresh rates and HDR support, particularly in automotive display applications, alongside a continued focus on energy-efficient solutions. Additionally, the market is witnessing trends towards miniaturization, enhanced power efficiency, and multi-protocol support, further solidifying its position in the evolving landscape of display technologies.
The display driver market is experiencing growth fueled by the rising demand for smartphones worldwide. Smartphones serve as essential communication and entertainment devices for consumers, driving the need for high-quality display drivers to ensure optimal performance. With projections indicating a significant increase in smartphone users globally, as reported by the Office of Communications, the demand for display drivers is expected to surge, driven by the growing demand for smartphones.
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What Are The Key Trends That Influence Display Driver Market Share Analysis?
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Which Market Players Are Driving Growth In The Display Driver Market?
Major companies operating in the market are Sony Corporation,Lenovo Group Limited, Panasonic Corporation, LG Electronics Inc., Haier Group Corporation, Hisense Group,Nvidia Corporation, Advanced Micro Devices, Samsung Electronics Co. Ltd., Sharp Corporation, Koninklijke Philips N.V.,MediaTek Inc., AsusTek Computer Inc., Acer Inc., TCL Electronics, Microchip Technology Inc., Rohm Semiconductor, Novatek Microelectronics Corp., Vizio Inc., Synaptics Incorporated, Himax Technologies Inc., Fitipower Integrated Technology Inc., Raydium Semiconductor Corporation, Silicon Works Co. Ltd., FocalTech Systems Co. Ltd., Magnachip, SINOWEALTH Electronic Ltd., Solomon Systech (International) Limited , UltraChip Inc., Sitronix Technology Corporation.
How Is The Global Display Driver Market Segmented?
The display driver market covered in this report is segmented –
1) By Type: Display Driver Integrated Circuit(IC), Touch Display Driver Integration
2) By Display Technology: Liquid Crystal Display(LCD), Organic Light-Emitting Diode (OLED), Other Display Technologies
3) By Package Type: Chip-On-Glass, Chip-On-Film
4) By Application: Automotive Display, Smartphone, Monitor And Notebook, Television, Smartwatch, Other Applications
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The Display Driver Global Market Report 2024 provides an overview of the display drivermarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The display driver market forecast analyzes display driver market size, display driver market share, leading competitor and their market positions.
The Table Of Content For The Display Driver Market Include
1. Display Driver Market Executive Summary
2. Display Driver Market Segments
3. Display Driver Market Size And Template Market Growth Rate
4. Key Display Driver Market Trends
5. Major Display Driver Market Drivers
……
25. Key Mergers And Acquisitions In The Display Driver Market
26. Top Display Driver Companies
27. Display Driver Market Opportunities And Strategies
28. Display Driver Market, Conclusions And Recommendations
29. Appendix
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