"Increasing Market for Consumer Electronics Globally to Ensure Rapid Growth for Display Controller Market"
Globally, the display controller market is expected to grow with a CAGR of 10.5% during the forecast period from 2019 to 2027, starting from 2018 with a market value of US$24.60 Bn. Display Controller is defined as integrated circuits or component, which controls the interface between a buffer and a monitor. They are one of the main components of the various displays such as LCD screens, mobile phones, and others. The display controller takes the content or the information from the frame and represents it as an output on the display monitor or screen. Thus, the display controllers are used for controlling the operations of the displays.
The advancement of technology in the display controllers has evolved rapidly during the past years, which is significantly driving the demand for display controllers market. Additionally, increasing demand for advanced computation devices, growing usage of display controllers for teleconferencing, and increasing adoption of display controllers in retail sector are some of the factors fueling the growth of the display controllers market. However, implementation of varied operating systems and lack of skilled workforces are likely to restrain the market growth during the forecast period.
Market Synopsis
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"Display Controller with Mobile Communication Devices in Its Application Segment Continue Dominating the Market"
Based on application, the global display controller market was led by the mobile communication device in 2018 contributing to a highest percentage of market share of over 23.0% of the total revenue generated globally. The continuous development in the mobile and tablet devices and increasing demand of the smartphones is driving the growth of the market globally. Moreover, the growing demands of display controllers in electronic devices such as desktops, LCDs, laptops and others also play a vital role in the growth of the market.
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"North America Dominates the Market by Region"
Display Controller market is led by North America, which is expected to grow with a CAGR of 8.6% during the forecast period. Growing penetration of high-performance displays across applications including consumer electronics, automobile, and several others is the primary factor supporting the market growth here. Moreover, the technological developments in countries such as US, Canada, and Mexico are also fueling the growth of the market. The US accounts for the largest market share in the region due to increasing adoption of LCD and graphic controllers for industrial and domestic applications.
Some of the prominent players operating in the display controller market include LG Display Co., Ltd., Samsung Electronics Co., Ltd., Toshiba Corporation, Novatek Microelectronics Corporation, Texas Instruments, Inc., Fujitsu Limited, Intersil Corporation, Cyviz As. Seiko Epson Corporation, Digital View Inc., Solomon Systech Limited and Raio Technology Inc.
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Historical & Forecast Period
This research report presents the analysis of each segment from 2017 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2019 to 2027.
Report Scope by Segments
The display controller market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global display controller market based on display type, application, and geography. Key segments covered in the report are as follows:
| ATTRIBUTE |
DETAILS |
| Research Period |
2017-2027 |
| Base Year |
2018 |
| Forecast Period |
2019-2027 |
| Historical Year |
2017 |
| Unit |
USD Billion |
| Segmentation |
Display Type Segment (2017–2027; US$ Bn)
• LCD Controller
• Touchscreen Controller
• Multi-Display Controller
• Smart Display Controller
• Graphics Display Controller
|
|
Application Segment (2017–2027; US$ Bn)
• Appliances
• Industrial Control
• Medical Equipment
• Office Automation
• Automotive
• Mobile Communication Devices
• Entertainment & Gaming
• Others
|
|
Geography Segment (2017–2027; US$ Bn)
• North America (U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (Middle East & Africa, Latin America)
|
Key questions answered in this report
- What was the market size of display controller in 2018 and forecast up to 2027?
- Which is the largest regional market for mobile communication devices application?
- What are the major trends followed in display controller market across different regions?
- Who is the key display controller companies leading the market?
- What are the key strategies adopted by the leading display controller companies in market?
Unique data points of this report
- Statistics on display controller penetration and spending worldwide
- Recent trends across different regions in terms of adoption of display controller for various applications.
- Notable developments going on in display controller market
- Attractive investment proposition for segments as well as geography
- Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)
