PUBLISHER: The Business Research Company | PRODUCT CODE: 1669565
PUBLISHER: The Business Research Company | PRODUCT CODE: 1669565
The software that enables interaction between an operating system and graphics hardware in electronic devices is commonly referred to as a display driver or graphics driver. This software facilitates the communication between running programs and the display screen, allowing the visual representation of elements.
Display drivers come in various types, including display driver integrated circuits (ICs) and touch display driver integration. Display driver ICs function as an intermediary between processors or digital systems and screen panels such as LCD or OLED. These drivers support different display technologies, such as liquid crystal display (LCD), organic light-emitting diode (OLED), and others. They are available in various package types such as chip-on-glass and chip-on-film, catering to applications such as automotive displays, smartphones, monitors, notebooks, televisions, smartwatches, and more.
The display driver market research report is one of a series of new reports from The Business Research Company that provides display driver market statistics, including display driver industry global market size, regional shares, competitors with a display driver market share, detailed display driver market segments, market trends, and opportunities, and any further data you may need to thrive in the display driver industry. This display driver market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The display driver market size has grown strongly in recent years. It will grow from $8.86 billion in 2024 to $9.39 billion in 2025 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to increasing demand for electronic devices, the rise of portable consumer electronics, the market shift to higher resolution displays, demand for energy-efficient displays, regulatory standards and compliance
The display driver market size is expected to see strong growth in the next few years. It will grow to $12.77 billion in 2029 at a compound annual growth rate (CAGR) of 8.0%. The growth in the forecast period can be attributed to the integration of advanced OLED and micro-LED displays, growing adoption of augmented reality (AR) and virtual reality (VR), demand for higher refresh rates and HDR support, transition to automotive display applications, focus on energy-efficient solutions. Major trends in the forecast period include miniaturization and integration, enhanced power efficiency, multi-protocol support, standardization and compatibility, and continuous performance enhancement.
The surge in demand for smartphones is anticipated to drive the growth of the display driver market. Smartphones, ubiquitous portable electronic devices, have become integral to modern communication, offering features such as internet browsing, text messaging, and phone calls. Display drivers play a crucial role in smartphones by converting digital information from the processor into signals that facilitate communication between the phone's operating system and graphics hardware, including the graphics processing unit (GPU) or integrated graphics chip. Notably, in February 2023, the UK's Office of Communications reported a significant rise in mobile connections to 71.8 million at the beginning of 2022, marking a 3.8% increase from the previous year. The projection that 65 million out of the UK's 68.3 million population will own smartphones by 2025 further underscores the escalating demand, thereby propelling the growth of the display driver market.
The anticipated growth in automotive production is expected to drive the expansion of the display driver market in the coming years. Automotive production encompasses the process of assembling components to create automobiles, trucks, and other motor vehicles, involving various stages such as designing, engineering, prototyping, testing, and manufacturing. In the context of automotive displays, the display driver serves as an interface between the microcontroller or microprocessor and the display itself, delivering the necessary signals to activate and control the individual pixels or segments of the display. These drivers are essential for ensuring that the information shown on the display is accurate, clear, and easily readable, thereby enhancing the overall user experience and safety within the vehicle. For example, in May 2023, the European Automobile Manufacturers Association, a Belgium-based lobbying and standards organization for the automobile industry, reported that global motor vehicle production reached 85.4 million units in 2022, representing a 5.7% increase compared to 2021. Consequently, the rise in automotive production is fueling the growth of the display driver market.
Technological advancements stand out as a prominent trend in the display driver market, with major companies striving to introduce innovative solutions to maintain their market position. An illustrative example is the initiative by OmniVision Technologies Inc., a semiconductor manufacturing company based in the United States. In January 2022, the company unveiled the TD4377 TDDI (touch and display driver integration) product tailored for cell phones, incorporating advanced TDDI technology. This product elevates LCD and touch solutions with 1080-pixel full high definition (FHD) resolution, supporting a screen image rate of up to 144 Hz, and doubling the touch reporting rate for enhanced screen responsiveness. By enabling LCD modules to deliver screens with superior touch sensitivity and vibrant colors, while simultaneously reducing module costs and enhancing production efficiency, OmniVision Technologies Inc. exemplifies the pursuit of technological advancements in the display driver market.
Major players in the display driver market are strategically focusing on pioneering products, such as passive matrix microLED display drivers, to gain a competitive advantage. A passive matrix microLED display driver refers to an integrated circuit (IC) employing a passive matrix addressing technique to manage and supervise the operations of a microLED display. Solomon Systech Limited, a China-based company specializing in integrated circuit (IC) product design and development, took a significant step in this direction. In March 2023, the company introduced SSD2363, a cutting-edge driver compatible with high-resolution PM-MicroLED panels of up to 256 RGB. Recognized as the next-generation display technology, MicroLED offers advantages such as extended lifespan, enhanced durability, heightened efficiency, and brightness compared to traditional displays. Solomon Systech Limited's SSD2363 is designed for versatile applications, including wearables, home appliances, and industrial settings, showcasing a commitment to innovation within the display driver market.
In February 2022, Advanced Micro Devices, Inc. (AMD), a US-based provider of high-performance and adaptive computing solutions, acquired Xilinx, Inc. for an undisclosed sum. This acquisition aims to position AMD as a leader in high-performance and adaptive computing, broadening its product portfolio and enhancing its total addressable market while fostering innovation across various sectors, including data centers, telecommunications, and automotive. Xilinx, Inc. is a US-based semiconductor manufacturing company that specializes in display drivers for its hardware platforms.
Major companies operating in the display driver market include Sony Corporation, Lenovo Group Limited, Panasonic Corporation, LG Electronics Inc., Haier Group Corporation, Hisense Group, Nvidia Corporation, Advanced Micro Devices, Samsung Electronics Co. Ltd., Sharp Corporation, Koninklijke Philips N.V., MediaTek Inc., AsusTek Computer Inc., Acer Inc., TCL Electronics, Microchip Technology Inc., Rohm Semiconductor, Novatek Microelectronics Corp., Vizio Inc., Synaptics Incorporated, Himax Technologies Inc., Fitipower Integrated Technology Inc., Raydium Semiconductor Corporation, Silicon Works Co. Ltd., FocalTech Systems Co. Ltd., Magnachip, SINOWEALTH Electronic Ltd., Solomon Systech (International) Limited, UltraChip Inc., Sitronix Technology Corporation
Asia-Pacific was the largest region in the display driver market in 2024, and is expected to be the fastest-growing region in the forecast period. The regions covered in the display driver market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the display driver market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The display driver market consists of revenues earned by entities by providing services such as performance enhancement, display troubleshooting, and display configuration tools. The market value includes the value of related goods sold by the service provider or included within the service offering. The display driver market also includes sales of display-oriented ADCs, VFD display drivers, VCOM amplifiers, and digital LCDs. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Display Driver Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on display driver market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for display driver ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The display driver market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.