PUBLISHER: Lucintel | PRODUCT CODE: 1418299
PUBLISHER: Lucintel | PRODUCT CODE: 1418299
Display Driver IC (DDIC) Trends and Forecast
The future of the global display driver IC (DDIC) market looks promising with opportunities in the small, medium, and large markets. The global display driver IC (DDIC) market is expected to reach an estimated $10.8 billion by 2030 with a CAGR of 8.5% from 2024 to 2030. The major drivers for this market are surging demand for display technology and expanding disposable income is on the rise.
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Display Driver IC (DDIC) by Segment
The study includes a forecast for the global display driver IC (DDIC) by display technology, type, display size, and region.
List of Display Driver IC (DDIC) Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies display driver IC (DDIC) companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the display driver IC (DDIC) companies profiled in this report include-
Display Driver IC (DDIC) Market Insights
Lucintel forecasts that LED will remain the largest segment over the forecast period due to growing use of wearables (smartwatches, AR/VR headgear, and smart TVs) and smartphones.
North America will remain the largest region over the forecast period due to electronic devices like smartphones, PCs, TVs, and laptops.
Features of the Global Display Driver IC (DDIC) Market
Market Size Estimates: Display driver IC (DDIC) market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Display driver IC (DDIC) market size by display technology, type, display size, and region in terms of value ($B).
Regional Analysis: Display driver IC (DDIC) market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different display technology, type, display size, and regions for the display driver IC (DDIC) market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the display driver IC (DDIC) market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the display driver IC (DDIC) market size?
Answer: The global display driver IC (DDIC) market is expected to reach an estimated $10.8 billion by 2030.
Q2. What is the growth forecast for display driver IC (DDIC) market?
Answer: The global display driver IC (DDIC) market is expected to grow with a CAGR of 8.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the display driver IC (DDIC) market?
Answer: he major drivers for this market are surging demand for display technology and expanding disposable income is on the rise.
Q4. What are the major segments for display driver IC (DDIC) market?
Answer: The future of the display driver IC (DDIC) market looks promising with opportunities in the small, medium, and large markets.
Q5. Who are the key display driver IC (DDIC) market companies?
Answer: Some of the key display driver IC (DDIC) companies are as follows.
Q6. Which display driver IC (DDIC) market segment will be the largest in future?
Answer: ucintel forecasts that LED will remain the largest segment over the forecast period due to growing use of wearables (smartwatches, AR/VR headgear, and smart TVs) and smartphones.
Q7. In display driver IC (DDIC) market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to electronic devices like smartphones, pcs, tvs, and laptops.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.