Global Display Driver Integrated Circuit (IC) Market 2015-2019
About Display Driver IC
A display driver is a semiconductor integrated circuit that acts as an interface between microprocessors and LCDs to control display systems in cell phones and desktops, among others. Display driver ICs are a vital component of display devices. DDIs deliver current to activate the pixels in liquid crystal displays on receiving an image. The liquid crystals bend on receiving the current, changing the intensity of light, which combines with the color filters on a glass substrate, producing the image on the panel.
Technavio's analysts forecast the global display driver IC market to grow at a CAGR of 2.68% over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the global display driver IC market for the period 2015-2019. To calculate the market size, the report considers the shipment of display driver ICs for smartphones, tables, TVs, PCs (desktop and portables), and automotive.This report covers market segmentation by application.
Technavio's report, Global Display Driver IC Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on the global display driver IC market landscape and its growth prospects in the coming years. The report also includes a discussion about the key vendors operating in this market.Key Regions
Technavio Announces the Publication of its Research Report – Global Display Driver Integrated Circuit (IC) Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Display Driver Integrated Circuit (IC) Market: Himax Technologies, Novatek Microelectronics, Renesas Electronics and Samsung Electronics
Other Prominent Vendors in the market are: Ilitek, Lusem, MagnaChip Semiconductor, Orise Technology, Raydium Semiconductor, Silicon Works and Sitronix Technology
Commenting on the report, an analyst from Technavio’s team said: “Display technologies such as foldable smartphones, flexible displays, and curved displays are gaining popularity with consumers. These displays have features like sleekness, reliability, flexibility, and ruggedness, so there is greater demand for display driver ICs. In spite of the technical challenges associated with the development of high-resolution and low-power- consuming display driver ICs, which are compatible with all kinds of devices, flexible displays have a promising future. Apart from these displays, there would be a lot of demand for heads-up displays in the automotive segment.”
According to the report, the TV display driver IC market accounts for the majority of the revenue in the global market. An HD TV has a resolution of 1920*1080 pixels while a UHD TV has four times the resolution of HD TVs. As the consumers upgrade their flat panel TV technology, they switch to next best technology which is available for an affordable range. UHD TVs provide wider color gamut and high dynamic range thus influencing the consumers to go for ultra HD TV sets. It requires display drivers that are priced higher, so the increasing demand for these television sets has a positive effect on the revenue of the market.
Further, the report states that greater number of in-house foundries large capital requirement to establish foundries is likely to affect the global display driver IC market adversely during the forecast period.
Himax Technologies, Novatek Microelectronics, Renesas Electronics, Samsung Electronics, Ilitek, Lusem, MagnaChip Semiconductor, Orise Technology, Raydium Semiconductor, Silicon Works, Sitronix Technology