Global Display Driver Integrated Circuit (DDIC) Market, By Technology (LCD, LED, OLED, Others), Type (Gate Driver, Source Driver), Display Size (Small, Medium, Large), Application (Mobile Phones, Televisions, Laptops, Tablets, Smart Watches, Automobile Consoles, Others), End Use Industry (Consumer Electronics, Healthcare, Automotive, Others) – Industry Trends and Forecast to 2029.
Market Analysis and Size
The display driver integrated circuit (DDIC) is widely utilized for operating display panels of various devices such as smartphones, tablets, wearable devices, Televisions (TVs), and laptops. This functionality of the circuit includes receiving the digital data at high speed from the application processor (AP). Then, it is converted into analog voltage for operating the display panel.
Global Display Driver Integrated Circuit (DDIC) Market was valued at USD 4.99 billion in 2021 and is expected to reach USD 8.67 billion by 2029, registering a CAGR of 6.78% during the forecast period of 2022-2029. LED accounts for the largest application segment in the respective market owing to the increase in the demand for LED display technology among key manufacturers of smartphones, TVs, and smart watches. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Market Definition
The Display Driver IC (DDIC) refers to a semiconductor device that consists of an integrated circuit that controls display panels. The device is an integrated circuit that serves as an access point between a microcontroller, microprocessor, or a general-purpose peripheral interface.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Technology (LCD, LED, OLED, Others), Type (Gate Driver, Source Driver), Display Size (Small, Medium, Large), Application (Mobile Phones, Televisions, Laptops, Tablets, Smart Watches, Automobile Consoles, Others), End Use Industry (Consumer Electronics, Healthcare, Automotive, Others)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA).
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Market Players Covered
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Texas Instruments Incorporated. (US), Semiconductor Components Industries, LLC (US), NXP Semiconductors N.V. (Netherlands), Maxim Integrated (US), Synaptics Incorporated (US), Power Integrations, Inc. (US), ROHM CO., LTD. (Japan), MACROBLOCK, INC (China), Infineon Technologies AG (Germany), Himax Technologies, Inc. (Taiwan), Novatek Microelectronics Corp (Taiwan), SAMSUNG (South Korea), Sitronix Technology Corporation (Taiwan), and MagnaChip Semiconductor (South Korea), among others
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Market Opportunities
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Display Driver Integrated Circuit (DDIC) Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers:
- Increase in demand for Display Driver Integrated Circuit
The increase in demand for display driver integrated circuit (DDIC) due to the high usage of LCD panels in numerous electronic devices acts as one of the major factors driving the growth of display driver integrated circuit (DDIC) market. LCD panels are widely used in televisions, laptops and smartphones, among others.
- High Usage in LCD Panels
The rise in demand for the technology as it is an essential component of display devices that deliver an electric current to activate the pixels within the LCD, accelerate the market growth.
- Increase in Application Areas
The increase in application areas of large e-paper display due to the advantages offered by these paper displays in terms of user experience, manufacturing cost, readability, and energy consumption further influence the market.
Additionally, rapid urbanization, change in lifestyle, surge in investments and increased consumer spending positively impact the display driver integrated circuit (DDIC) market.
Opportunities
Furthermore, construction of new OLED and LCD panel manufacturing facilities, and demand for wearable displays for smart watches and AR/VR HMDs extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, development of COF package-based display will further expand the market.
Restraints/Challenges
On the other hand, high competition and demand for diverse product specifications are expected to obstruct market growth. Also, decline in volumes of shipments of display panels of tablets, Tvs, and monitors is projected to challenge the display driver integrated circuit (DDIC) market in the forecast period of 2022-2029.
This display driver integrated circuit (DDIC) market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on display driver integrated circuit (DDIC) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Display Driver Integrated Circuit (DDIC) Market
The COVID-19 has impacted display driver integrated circuit (DDIC) market. The limited investment costs and lack of employees hampered sales and production of display driver integrated circuit (DDIC) technology. However, government and market key players adopted new safety measures for developing the practices. The advancements in the technology escalated the sales rate of the display driver integrated circuit (DDIC) as it targeted the right audience. The increase in sales of devices such as smart phones and tablets across the globe is expected to further drive the market growth in the post-pandemic scenario.
Global Display Driver Integrated Circuit (DDIC) Market Scope and Market Size
The display driver integrated circuit (DDIC) market is segmented on the basis of technology, type, display size, application and end use industry. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Technology
- LCD
- LED
- OLED
- Others
CRT
Vacuum Fluorescent Display
Type
- Gate Driver
- Source Driver
Display Size
- Small
- Medium
- Large
Application
- Mobile Phones
- Televisions
- Laptops
- Tablets
- Smart Watches
- Automobile Consoles
- Others
Wearable Devices
Video Walls
End Use Industry
- Consumer Electronics
- Healthcare
- Automotive
- Others
Display Driver Integrated Circuit (DDIC) Market Regional Analysis/Insights
The display driver integrated circuit (DDIC) market is analysed and market size insights and trends are provided by country, technology, type, display size, application and end use industry as referenced above.
The countries covered in the display driver integrated circuit (DDIC) market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA).
North America dominates the display driver integrated circuit (DDIC) market because of the increase in the demand of smartphones, laptops and other electronic devices within the region.
Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 because of the rise in number of smartphone users in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Display Driver Integrated Circuit (DDIC) Market
The display driver integrated circuit (DDIC) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to display driver integrated circuit (DDIC) market.
Some of the major players operating in the display driver integrated circuit (DDIC) market are
- Texas Instruments Incorporated. (US)
- Semiconductor Components Industries, LLC (US)
- NXP Semiconductors N.V. (Netherlands)
- Maxim Integrated (US)
- Synaptics Incorporated (US)
- Power Integrations, Inc. (US)
- ROHM CO., LTD. (Japan)
- MACROBLOCK, INC (China)
- Infineon Technologies AG (Germany)
- Himax Technologies, Inc. (Taiwan)
- Novatek Microelectronics Corp (Taiwan)
- SAMSUNG (South Korea)
- Sitronix Technology Corporation (Taiwan)
- MagnaChip Semiconductor (South Korea)
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