Display Driver IC (DDIC) Market Report: Trends, Forecast and Competitive Analysis to 2030
Display Driver IC (DDIC) Trends and Forecast
The future of the global display driver IC (DDIC) market looks promising with opportunities in the small, medium, and large markets. The global display driver IC (DDIC) market is expected to reach an estimated $10.8 billion by 2030 with a CAGR of 8.5% from 2024 to 2030. The major drivers for this market are surging demand for display technology and expanding disposable income is on the rise.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Display Driver IC (DDIC) by Segment
The study includes a forecast for the global display driver IC (DDIC) by display technology, type, display size, and region.
Display Driver IC (DDIC) Market by Display Technology [Shipment Analysis by Value from 2018 to 2030]:
Display Driver IC (DDIC) Market by Type [Shipment Analysis by Value from 2018 to 2030]:
- Gate Driver
- Source Driver
Display Driver IC (DDIC) Market by Display Size [Shipment Analysis by Value from 2018 to 2030]:
Display Driver IC (DDIC) Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Display Driver IC (DDIC) Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies display driver IC (DDIC) companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the display driver IC (DDIC) companies profiled in this report include-
- Himax Technologies
- Magnachip Semiconductor
- MediaTek
- Novatek Microelectronics
- Raydium Semiconductor
- ROHM Semiconductor
- Samsung Electronics
- Silicon Works
- Sitronix Technology
- Synaptics
Display Driver IC (DDIC) Market Insights
Lucintel forecasts that LED will remain the largest segment over the forecast period due to growing use of wearables (smartwatches, AR/VR headgear, and smart TVs) and smartphones.
North America will remain the largest region over the forecast period due to electronic devices like smartphones, PCs, TVs, and laptops.
Features of the Global Display Driver IC (DDIC) Market
Market Size Estimates: Display driver IC (DDIC) market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Display driver IC (DDIC) market size by display technology, type, display size, and region in terms of value ($B).
Regional Analysis: Display driver IC (DDIC) market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different display technology, type, display size, and regions for the display driver IC (DDIC) market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the display driver IC (DDIC) market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the display driver IC (DDIC) market size?
Answer: The global display driver IC (DDIC) market is expected to reach an estimated $10.8 billion by 2030.
Q2. What is the growth forecast for display driver IC (DDIC) market?
Answer: The global display driver IC (DDIC) market is expected to grow with a CAGR of 8.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the display driver IC (DDIC) market?
Answer: he major drivers for this market are surging demand for display technology and expanding disposable income is on the rise.
Q4. What are the major segments for display driver IC (DDIC) market?
Answer: The future of the display driver IC (DDIC) market looks promising with opportunities in the small, medium, and large markets.
Q5. Who are the key display driver IC (DDIC) market companies?
Answer: Some of the key display driver IC (DDIC) companies are as follows:
- Himax Technologies
- Magnachip Semiconductor
- MediaTek
- Novatek Microelectronics
- Raydium Semiconductor
- ROHM Semiconductor
- Samsung Electronics
- Silicon Works
- Sitronix Technology
- Synaptics
Q6. Which display driver IC (DDIC) market segment will be the largest in future?
Answer: ucintel forecasts that LED will remain the largest segment over the forecast period due to growing use of wearables (smartwatches, AR/VR headgear, and smart TVs) and smartphones.
Q7. In display driver IC (DDIC) market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to electronic devices like smartphones, pcs, tvs, and laptops.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the display driver IC (DDIC) market by display technology (lcd, led, oled, and others), type (gate driver and source driver), display size (small, medium, and large), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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