The global display driver market is anticipated to grow at a CAGR of over 4% over the forecast period (2024-2031). The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launch, and product innovation to remain competitive in the marketplace. For instance, Synaptics announced the sampling of its new ClearView R63455 display driver IC (DDIC) in August 2018, which supports next-generation virtual reality head-mounted displays with dual-display 2K resolution and foveal transport compatibility (HMDs).
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In addition, MagnaChip Semiconductor released a new third-generation 40-nanometer (nm) OLED display driver integrated circuit (DDIC) in May 2018 for the next wave of OLED smartphone displays. Furthermore, Synaptics announced the addition of four new touch controller and display driver integration (TDDI) solutions to its product line in October 2017, including the TD4362, TD4328, TD4115, and TD4105.
Cadillac unveiled the 2021 Escalade in February 2020, a car with the world’s first curved OLED screen, a gigantic 38-inch display that houses LG’s P-OLED Digital Cockpit Solution. The car information and entertainment system are shown using the all-new software. LG worked with Tesla, Cadillac, and Mercedes in 2018 to develop a flexible display, and by the end of 2020, it will be available in Mercedes-Benz vehicles.
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Market Coverage
- Segment Covered- by Driver Type, and by Device.
- Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
- Competitive Landscape-Media Tek Inc., Rohm Semiconductor Co. Ltd., Novatek Microelectronics Corp., Synaptics Inc.,Samsung Electronics Co. Ltd. among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment/region dominates the market in the base year?
- Which segment/region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
o Recovery Timeline
o Deviation from the pre-COVID forecast
o Most affected region/segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Display Driver Market – Segmentation
By Driver Type
- Display Driver IC (DDIC)
- Touch and Display Driver Integration (TDDI)
By Device
- Smartphone
- Tablet
- Wearables
- TV
- Automotive Display
- Others
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