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Automotive Display Driver IC Market: Growth, Future Prospects & Competitive Analysis, 2018 – 2026

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Published: | Report ID: 3411 | Report Format : PDF

Market Insights

Automotive display driver IC is one of the most promising segments of the overall display driver’s vertical, considering the rapidly growing penetration of vehicle infotainment systems worldwide. The growing adoption of electronic displays in the automotive sector is creating a huge market potential for automotive display driver ICs. Consistently rising automotive industry prices and increasing demand for connected and safe vehicles are some of the factors escalating demand for automotive display driver IC. Electronic displays in automobiles offer connectivity and safety by providing features including cellular voice connection and navigation, thereby pushing the demand for driver display ICs.

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Increasing market demand for large and ultra-HD displays, coupled with declining prices of LCD and TFT (thin film transistor) displays, is a major factor supporting market growth. Additionally, initiatives such as CARS 2020, which is being implemented by European countries, are also being followed by other countries to ensure vehicle safety and welcome new technologies in the automotive sector. Rising inclination toward smart devices such as HUDs, advanced infotainment systems, and telematics, among others, is expected to set the automotive display driver ICs market on the rise during the forecast period of 2018–2026.

The automotive display driver IC market is segmented by type into self-erecting, flat-top, hammerhead, and luffing jib automotive display driver ICs. At present, flat top and luffing jib automotive display driver ICs lead the global market owing to their incremental demand for luxury cars and tower cranes. These are conventional types of displays, hence the higher demand in the overall automotive display driver IC market. Self-erecting automotive display driver IC is also expected to witness growth in the forecast period of 2018–2026.

Europe is expected to continue its dominance in the global automotive display driver ICs market due to the continuous adoption of advanced automotive solutions, including connected devices and cloud-powered automotive services. Asia Pacific is also expected to register high growth in the global automotive display driver IC market in the coming years. The presence of some of the largest automotive manufacturing countries, including China, Japan, and South Korea, allows Asia-Pacific to expect incremental growth during the forecast period.

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The global automotive display driver IC market is segmented on the following basis:

Type:

  • Self-erecting automotive display driver ICs
  • ICs for Flat Top Automotive Display Drivers
  • Hammerhead Automotive Display Driver ICs
  • Automotive Display Driver ICs Luffing Jib

Display Type:

  • LCD automotive display driver ICs
  • VFD (Vacuum Florescent Display) automotive display driver ICs
  • OLED-based automotive display driver ICs
  • TFT LCD automotive display driver ICs

Vehicles Class:

  • Passenger Cars
  • Light Commercial Vehicles (LCVs)
  • Heavy Commercial Vehicles (HCVs)
  • Off-road Vehicles

Geography:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

Key players identified in the automotive display driver IC market include, but are not limited to:

Renesas Electronics Corporation, Texas Instruments, Inc., NXP Semiconductors, ON Semiconductors, Linear Technology, LAPIS Semiconductor Co., Ltd., Himax Technologies, Inc., Orissa Technology Co., Ltd., Novatek Microelectronics Corp., Fitipower Integrated Technology, Inc., Raydium Semiconductor Corp., and Silicon Works are among others.

Frequently Asked Questions:

What is the size of Automotive Display Driver IC Market?

The market for Automotive Display Driver IC Market is expected to reach US$ XX Mn by 2026.

What is the Automotive Display Driver IC Market CAGR?

The Automotive Display Driver IC Market is expected to see significant CAGR growth over the coming years, at XX%.

What is the Forecast period considered for Automotive Display Driver IC Market?

The report is forecasted from 2018-2026.

What is the base year considered for Automotive Display Driver IC Market?

The base year of this report is 2017.

Who are the major players in this market?

Renesas Electronics Corporation, Texas Instruments, Inc., NXP Semiconductors, ON Semiconductors, Linear Technology, LAPIS Semiconductor Co., Ltd., Himax Technologies, Inc., Orissa Technology Co., Ltd., Novatek Microelectronics Corp., Fitipower Integrated Technology, Inc., Raydium Semiconductor Corp., and Silicon Work are some of the major players in the global market.

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