Increasing Demand for OLED and Flexible Displays by 2023 - PowerPoint PPT Presentation

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Increasing Demand for OLED and Flexible Displays by 2023

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Increasing demand for OLED and flexible displays and highly priced and advanced display drivers contribute significantly to the growth of the display driver market. Growth in the use of 4K and 8K televisions and availability of UHD content and evolving role of DDICs in individual components and single integration chips also drive the growth of the market for display driver ICs – PowerPoint PPT presentation

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Title: Increasing Demand for OLED and Flexible Displays by 2023


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MarketsandMarkets Presents

Increasing Demand for OLED and Flexible Displays
by 2023 Display Driver Market by Driver Type
(DDIC, TDDI), Package Type (COF, COG), Device
(Smartphone, Television, Automotive, Smart
Wearables, HMD, Monitor), Display Technology
(LCD, OLED), Display Size, and Geography - Global
Forecast to 2023 https//www.marketsandmarkets.co
m/Market-Reports/display-driver-market-60452441.ht
ml
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The Display Driver Market is estimated to grow
from USD 7.1 billion in 2018 to USD 9.1 billion
by 2023, at a CAGR of 5.1 between 2018 and
2023.  Increasing demand for OLED and flexible
displays and highly priced and advanced display
drivers contribute significantly to the growth of
the display driver market. Growth in the use of
4K and 8K televisions and availability of UHD
content and evolving role of DDICs in individual
components and single integration chips also
drive the growth of the market for display driver
ICs. Browse 36 market data Tables and 77 Figures
spread through 153 Pages and in-depth TOC
on "Display Driver Market - Global Forecast to
2023"
3
LCD displays to account for major share in
display driver market during forecast period  LCD
displays are likely to hold a major share in the
display driver market during the forecast period.
Construction of Gen 6 and above facilities by
Chinese players, with government support in terms
of finance and land offerings, can have
significant impact on the global display panel
market. China is emerging as a leading country in
terms of LCD display production due to the
closure of several LCD manufacturing facilities
by Samsung and LG Display in the last 3
years. Ask for PDF Brochure https//www.marketsa
ndmarkets.com/pdfdownloadNew.asp?id60452441
Display driver market for smart wearables to
witness highest growth during forecast
period  The display driver market for wearables
devices (smartwatches and AR/VR HMDs) is expected
to grow at the highest CAGR between 2018 and
2023. Wearables have emerged as a new driving
segment in the global display panel market and
are used in applications such as consumer,
infotainment, military, fitness and gaming,
industrial, lifestyle, and healthcare. Demand for
smart wearables, especially AR/VR HMDs, is
expected to increase rapidly during the forecast
period and subsequently boost the display driver
market.
4
South Korea to hold largest size of display
driver market during forecast period  South Korea
is expected to account for the highest market
share of the display driver market during the
forecast period. South Korea accounts for more
than 95 of total OLED display panel production
owing to which demand for a majority of
OLED-based display drivers is emerging from South
Korea. With huge investments from Samsung and LG
Display in OLED technology and their production
expansion, South Korea is expected to dominate
the market, in terms of size, during the forecast
period. Request Free Sample Pages https//www.ma
rketsandmarkets.com/requestsampleNew.asp?id604524
41 Key players in the display driver market are
Samsung Electronics (South Korea), Novatek
Microelectronics (Taiwan), Synaptics (US), Himax
Technologies (Taiwan), Silicon Works (South
Korea), Sitronix Technology (Taiwan), Raydium
Semiconductor (Taiwan), Magnachip Semiconductor
(Luxembourg South Korea), FocalTech (Taiwan),
MediaTek (Taiwan), and ROHM Semiconductor (Japan).
5
  • Key Developments
  • In August 2018, Synaptics announced the sampling
    of its new ClearView R63455 display driver IC
    (DDIC), which features dual-display 2K resolution
    combined with foveal transport support for
    next-generation virtual reality head-mounted
    displays (HMDs).
  • In May 2018, MagnaChip Semiconductor announced
    that it launched a new third-generation
    40-nanometer (nm) OLED display driver integrated
    circuit (DDIC) for the next wave of OLED
    smartphone displays.
  • In October 2017, Synaptics announced a
    significant expansion of its touch controller and
    display driver integration (TDDI) product
    portfolio with 4 new solutions such as TD4362,
    TD4328, TD4115, and TD4105.

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7
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INC. 630 Dundee Road Suite 430 Northbrook, IL
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newsletter_at_marketsandmarkets.com   For More
Info https//www.marketsandmarkets.com/PressRelea
ses/display-driver.asp
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