Report ID: SQMIG15F2184
Report ID:
SQMIG15F2184 |
Region:
Global |
Published Date: March, 2024
Pages:
186
|
Tables:
93 |
Figures:
114
Display Driver Market size was valued at USD 6.6 Billion in 2023 and is poised to grow from USD 6.88 Billion in 2024 to USD 9.56 Billion by 2032, growing at a CAGR of 4.2% during the forecast period (2025-2032).
The display driver market is expected to register a CAGR of 4.2% during the forecast period 2024-2031. Display drivers are basically semiconductor integrated circuits that provide interface functionality between a microprocessor, microcontroller, ASIC, or general-purpose peripheral interface. These are primarily used in peripheral display devices, such as smart watches, laptops, monitors, smartphones, tablets, TVs, and car shows. The increasing demand for features such as flexible OLED displays for mobile and tablet devices and the rapid adoption of smart wearable AR/VR devices are catching up with display manufacturers numbers have increased in Asia Pacific, and therefore driving the display driver globally.
Moreover, the demand for display driver integrated circuits (DDIC) is increasing due to the increasing use of LCD panels in many electronic devices. LCD screens are used in many devices such as TVs, laptops and smartphones. The widespread use of electronic large display drivers also influences the market as they are easy to use, inexpensive to manufacture, easy to read, and low power Rapid development of display driver market Being therefore, the increasing presence of the Display Driver is driving the expansion of the market.
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Report ID: SQMIG15F2184