DUBLIN--(BUSINESS WIRE)--The "Display Driver IC Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.
Display driver IC market is projected to witness a CAGR of 2.88% during the forecast period to reach a total market size of US$5,343.909 million by 2023, increasing from US$4,506.245 million in 2017.
The growth of this market is being driven by rapidly increasing demand for displays for a wide range of applications. Growth of industries like retail, consumer electronics, media and entertainment, automotive and others is fuelling the demand for displays for wide range of applications by key industry players.
As display manufacturers continue to boost investments into scaling up of existing and expansion of manufacturing facilities in new regions, the demand for display driver ICs will continue to witness a significant upward demand.
In addition, rising disposable income across many regions is accelerating the adoption of high quality display solutions by the consumers.
Higher investments by major market players into research and development aimed at improving the capabilities of these ICs is also a key contributing factor to the market growth.
As the aligned markets continue to grow, the adoption of these advanced display driver ICs will increase, which will drive the demand for these ICs over the projected period.
Key Topics Covered
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Global Display Driver IC Market By Type
6. Global Display Driver IC Market By Display Type
7. Global Display Driver IC Market By Display Size
8. Global Display Driver IC Market By Geography
9. Competitive Intelligence
10. Company Profiles
- Synaptics Incorporated
- LAPIS Semiconductor Co. Ltd.
- Silicon Works
- Himax Technologies Inc.
- Novatek Microelectronics Corp.
- Lusem Co. Ltd.
- Magnachip Semiconductor
- Sitronix Technology Corporation
For more information about this report visit https://www.researchandmarkets.com/research/d5k2km/the_global_market?w=4