October 18, 2021

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Insights on the Display Driver IC Global Market to 2026 – Featuring Himax Technologies, Magnachip and MediaTek Among Others

DUBLIN–(BUSINESS WIRE)–Sep 30, 2021–

The “Display Driver IC Market Research Report by Display Technology (LCD and LED), by Application (Laptops, Mobile Phones, and Smart Watches), by End Use, by Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) – Global Forecast to 2026 – Cumulative Impact of COVID-19” report has been added to ResearchAndMarkets.com’s offering.

The Global Display Driver IC Market size was estimated at USD 2,424.80 Million in 2020 and expected to reach USD 2,592.34 Million in 2021, at a Compound Annual Growth Rate (CAGR) 7.24% to reach USD 3,689.79 Million by 2026.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Display Driver IC Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Display Driver IC Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Display Driver IC Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Display Driver IC Market?

4. What is the competitive strategic window for opportunities in the Global Display Driver IC Market?

5. What are the technology trends and regulatory frameworks in the Global Display Driver IC Market?

6. What is the market share of the leading vendors in the Global Display Driver IC Market?

7. What modes and strategic moves are considered suitable for entering the Global Display Driver IC Market?

Market Dynamics

Drivers

  • Growing demand for high-quality resolution displays
  • Rising sales of electronic devices such as mobile phones, tablets, TVs and PCs
  • Rising demand for automotive displays

Restraints

  • High cost of display driver IC products

Opportunities

  • Penetration of wearable displays for smartwatches and AR/VR head mounted displays
  • Growing usage of 4K & 8K televisions and availability of Ultra-high-definition content

Challenges

  • Increasing RAM capacity of DDICs for High-Resolution displays

Companies Mentioned

  • Himax Technologies
  • Magnachip
  • MediaTek Inc.
  • Novatek Microelectronics
  • Raydium Semiconductor Corporation
  • Rohm Semiconductor
  • Samsung Electronics
  • Silicon Works
  • Sitronix Technology Corp.
  • Synaptic

For more information about this report visit https://www.researchandmarkets.com/r/w8qkuz

View source version on businesswire.com:https://www.businesswire.com/news/home/20210930005663/en/

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KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY CONSUMER ELECTRONICS

SOURCE: Research and Markets

Copyright Business Wire 2021.

PUB: 09/30/2021 10:15 AM/DISC: 09/30/2021 10:17 AM

http://www.businesswire.com/news/home/20210930005663/en

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