Industry Outlook and Trend Analysis
The Display Controller Market was worth USD 16.05 billion in 2014 and is expected to reach approximately USD 36.56 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 9.58% during the forecast period. Increasing advancements in technology of LCDs will be one of the main considerations that will positively affect the development of the market. To take into account the changing requests of the purchasers, the display manufacturers are enhancing and building up different advances and products, for example, show boards with in-plane exchanging (IPS) innovation and LCDs in view of quantum dots technology. Technological progressions in LCD show will bring about the improvement of more up to date advances for display controllers, which will boost the market development.
Type Outlook and Trend Analysis
In 2016, the LCD portion represented the main shares of this market. LCDs consume less power, require less space, and are lighter than CRT displays. The expanding usage of LCD displays in desktop computers will be a central point the market's development prospects in this portion. Moreover, the development of the gaming business that expands the requirement for LCD screens for PC and Xbox, will likewise impel the development of the display controller market in this fragment.
Application Outlook and Trend Analysis
The appliances portion will represent the most elevated income share of the market through the following years. This chiefly credits to the solid development of HD and top of high-end display TVs. The expanding spending limit and the development in adoption of TV's, workstations, tablets and other electronic appliances, will be the drive the interest for display controllers in the coming years.
Regional Outlook and Trend Analysis
The Americas represented the most elevated income share of this market amid 2016. This is predominantly because of the request from OEMs, for example, Apple, Google, and Microsoft that offer products fusing display controller ICs. The interest for digital display screens in the region will keep on growing because of the developing inclination for normal UI (NUI) devices.
The major players in the market are Texas Instruments, Fujitsu, Epson, Barco, STMicroelectronics, Toshiba, Samsung Display Co Ltd and LG Display. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
The Display Controller Market is segmented as follows-
Touch screen controllers
Mobile communication devices
Industrial control system
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?