Global Display Timing Controllers (TCON) Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global Display Timing Controllers (TCON) Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

A Display Timing Controller (TCON) is an electronic component or module used in display devices, such as LCD (Liquid Crystal Display) panels and OLED (Organic Light Emitting Diode) displays, to control the timing and synchronization of the various signals required to drive the individual pixels on the screen. The TCON manages the process of translating digital image data into the appropriate signals that control the display's pixels, ensuring that the image is displayed correctly and without distortion.

Market Overview:

The latest research study on the global Display Timing Controllers (TCON) market finds that the global Display Timing Controllers (TCON) market reached a value of USD 1403.11 million in 2023. It’s expected that the market will achieve USD 1591.64 million by 2029, exhibiting a CAGR of 2.12% during the forecast period.

Affected by COVID-19 and consumption upgrading, global chip supply is in short supply, from initial power supply to mobile phone chips to automotive electronics. Due to the serious shortage of chips, the production of many companies was interrupted, and the whole industry was once shrouded in shortage and high price.

Mobile office, video conference, distance education, car entertainment, virtual reality and many other scenes have brought about an increasing number of screens, and the number and types of screens involved and used in everyone's daily work and life scenes have also gradually increased. At least one TCON is required for each display panel, and two tcons will be used for large-size display panels with resolution above 4K and refresh rate above 165Hz, and four tcons will be used when the resolution reaches 8K.

The demand for TCON is not only affected by the shipment of panel industry, but also by the area of display products. As the average area of unit display products increases, the number of TCON chips required for unit products also increases accordingly. Display products tend to be large-screen and high-resolution, and the improvement of specifications and performance further drives the demand for TCON, the core component in the display panel, to rise continuously.

Region Overview:

Asia-Pacific had the highest growth rate of all regions in 2022.

In 2022, the share of the Display Timing Controllers (TCON) market in Asia-Pacific stood at 93.10%.

Company Overview:

Novatek Microelectronics Corp. is one of the major players operating in the Display Timing Controllers (TCON) market, holding a share of 27.23% in 2023.

Novatek Microelectronics Corp is a chip design company specializing in the design, development, and sales of a wide range of display driver ICs and SoC solutions for all display and audio/video applications. The group is mainly engaged in researching, developing, manufacturing, and sales of integrated circuit chips speech, communication, computer peripherals, LCD driver IC system, embedded MCU, DSP, and systems.

Parade Technologies supplies mixed-signal integrated circuits for a variety of display and high-speed interface standards used in computers, consumer electronics, and display panels. The company's host of products serve customers with needs for display, storage, and interface applications. As a fabless semiconductor company, Parade manufactures and designs its integrated circuits, but outsources the fabrication of silicon wafers for semiconductors.

Segmentation Overview:

The OLED Timing Controllers segment by type showed a value growth of 12.23% in 2022.

Among different product types, LCD Timing Controllers segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Consumer Electronics segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Display Timing Controllers (TCON) market covered in Chapter 3:

LX Semicon
Novatek Microelectronics Corp.
Raydium
Fitipower
THine Electronics
ROHM
Parade Technologies
Focal Tech
Samsung
Analogix
Hi-image
Himax Technologies

In Chapter 4 and Chapter 14.2, on the basis of types, the Display Timing Controllers (TCON) market from 2019 to 2030 is primarily split into:

LCD Timing Controllers
OLED Timing Controllers

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Display Timing Controllers (TCON) market from 2019 to 2030 covers:

Consumer Electronics
Projectors
Automotive
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)