Global Display Controllers Market Revenue to Expand Significantly During 2018–2027, Driven by Increasing Adoption of Consumer Electronics
The significant evolution of video display technologies in the past few years has significantly boosted the demand for display controllers. These devices are among the main components and an integral part of various displays, such as those of mobile phones, LCD screens and other devices, which are used for delivering video format content. They are used for controlling the operations of these displays.
The manufacturers of display controllers are increasingly innovating their products owing to high investments in research and development to improve the features of display controllers. Moreover, constant innovations in communication devices and LCD screens is creating new growth opportunities for the display controllers market. Display controllers are used for generating the timing of video signals and blanking interval signals. These devices are used for creating a video on the display.
Moreover, display controllers play an important role in the process of video content delivery and embedded display controllers are available for different displays. The demand for display controllers is expected to increase significantly over the forecast period as they act as ICs, i.e., integrated circuits in video display systems and help generate video signals.
The manufacturers of display controllers are constantly introducing technologically advanced products as factors such as the increasing production of consumer electronics are creating significant opportunities for the growth of the display controllers market. In addition, constant advancements in the technologies of controllers and the increasing adoption of display controllers in video delivery devices also are some of the factors fuelling the growth of the display controllers market over forecast period.
The global display controllers market is estimated to witness a single-digit CAGR in terms of value and volume, and hence, reach US$ 45.6 Bn by 2027. The increasing production of consumer electronics and mobile communication devices are some of the prime factors responsible for the growth of the display controllers market.
Moreover, the increasing adoption of LCD display controllers and touchscreen display controllers by the manufacturers of consumer electronic devices, such as mobile phones, tablets and LCD screen display devices, is driving the display controllers market.
On the basis of type, the display controllers market is segmented into LCD controllers, touchscreen controllers, multi-display controllers, smart display controllers and digital display controllers. In addition, the types of displays are categorised based on end-user requirements. The revenue contribution from the smart display controllers segment in the display controllers market is expected to expand at a CAGR of 10.4% during the forecast period due to an increase in the preference for smart display controllers by device manufacturers to integrate smart technological advancements in display controllers.
Moreover, smart display controllers also act as intelligent display controllers. The manufacturers of smart display controllers are introducing innovative features to their products, due to which the demand for these devices is expected to grow at a significant rate.
On the basis of application, the display controllers market is segmented into medical equipment, industrial control, automotive, mobile communication devices, entertainment & gaming and others. The applications of display controllers differ as per the production of video delivering devices in which they are embedded.
These devices are integrated circuits in video delivery devices and they help deliver video content. Considering the revenue contribution of the application segment, the mobile communication devices application segment is expected to witness the highest growth rate due to the increasing production of mobile devices, which is also boosting the demand for display controllers.
On the basis of region, the global display controllers market is segmented into North America, Latin America, Europe, Japan, APEJ and MEA. The North America region is expected to dominate the global display controllers market by holding the highest market share by the end of 2018.
Increasing adoption of multi-display controllers and touchscreen display controllers in the North America region from the video display devices manufacturers. The APEJ market is expected to grow at highest CAGR due to increasing industrialisation, which is ultimately fuelling the demand for display controllers in this region. Moreover, the availability of raw material at cheap prices is another crucial factor fuelling the growth of the display controllers market in this region.
Some of the popular vendors of display controllers are:
- Fujitsu Limited
- Toshiba Corporation
- Samsung Electronics Co., Ltd.
- LG Display Co., Ltd.
- Solomon Systech Limited.
- Texas Instruments, Inc.
- Renesas Electronics
- Novatek Microelectronics Corporation
- Seiko Epson Corporation
- Digital View Inc.
Key Segments Covered
- LCD Controllers
- Touchscreen Controllers
- Multi-Display Controllers
- Smart Display Controllers
- Digital Display Controllers
- Medical Equipment
- Industrial Control
- Mobile Communication Devices
- Entertainment & Gaming
Key Regions Covered
- North America
- Latin America
- Rest of Latin America
- Rest of Western Europe
- Australia & New Zealand
- Rest of APAC
- GCC Countries
- South Africa
- North Africa
- Rest of MEA