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Display Driver Market Trends

  • Report ID: GMI12399
  • Published Date: Nov 2024
  • Report Format: PDF

Display Driver Market Trends

OLED (Organic Light Emitting Diode) and AMOLED (Active Matrix OLED) displays are becoming increasingly popular due to their superior color accuracy, deeper blacks, and thinner design compared to traditional LCDs. These displays also offer better energy efficiency, as individual pixels can be turned off when displaying black. As smartphones, TVs, and other consumer electronics increasingly adopt OLED and AMOLED technologies, specialized display drivers are required to manage the unique characteristics of these displays. This trend is driving innovation in the display driver industry, with manufacturers developing drivers that can support higher resolutions, faster refresh rates, and energy-efficient performance.
 

MicroLED and miniLED are emerging display technologies that offer significant improvements in brightness, contrast, and energy efficiency compared to both LCD and OLED. MicroLEDs consist of tiny, self-emitting LEDs that deliver high contrast and brightness without the need for a backlight. MiniLEDs, while larger than microLEDs, provide similar benefits but at a lower cost. These technologies are being increasingly used in high-end TVs, gaming monitors, and professional displays. As these displays demand advanced control over lighting and pixel management, new display drivers are required to handle the complexity of microLED and miniLED systems, creating opportunities for growth and innovation in the market.
 

Authors: Suraj Gujar, Saptadeep Das

Frequently Asked Questions (FAQ) :

The global market size for display driver was valued at USD 9.1 billion in 2023 and is expected to reach USD 13.9 billion by 2032, driven by a CAGR of 5.1% from 2024 to 2032.

The LCD display driver IC segment is projected to reach a value of USD 5.3 billion by 2032, driven by the affordability of LCD panels for consumer electronics.

The North America market accounted for a share of 32.2% in 2023, driven by technological innovation and a strong consumer electronics sector in the United States.

Major players in the industry include MediaTek, Samsung Electronics Co. Ltd, Novatek Microelectronics, Synaptics Incorporated, Magnachip Semiconductor, Focaltech, and Himax.

Display Driver Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 359
  • Countries covered: 18
  • Pages: 200
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