Display Controller Market with Focus on Growth Analysis, Opportunity Assessment, Emerging Technologies, Competitive Landscape, Future Prospects and Trends by Forecast 2023

Market Scenario

Major giants like Samsung Electronics and LG Display are investing into display controller market due to increasing demand from various industry verticals like healthcare, education, corporate, government among others. Increasing adoption of smartphones with advanced displays is one major factor fueling the growth of display controller market. Samsung Electronics has been dominating the overall Display Controller Market owing to the increasing demand for consumer electronics.

North America region holds the largest market share of global display controller market followed by Europe and Asia Pacific regions. The growth is North America region is mainly dominated by U.S. and Canada and is attributed to the increasing demand for mobile communication and consumer electronics in the region. The region also has a well-established infrastructure which allows implementation of advanced technologies.

Display controller market has been segmented on the basis of display type, video interface and application. The display type segment is further bifurcated into LCD controller, touchscreen controller, multi-display controller, smart display controller and graphics display controller. Out of which, the LCD controllers sub segment has accounted for the largest market share of display controller market. This is owning to the increasing demand for LCD televisions in consumer appliances and increasing adoption of home appliances and automotive appliances implementing the LCD technology.

Major factor driving the growth of Display Controller Market is the growing need for sophisticated display controllers in teleconferencing. Teleconferencing has become very common in businesses that are run at different places and can communicate through conference calls. So this requires a sophisticated display controller in order to make the communications hassle free. Growing adoption of interactive displays is another major factor driving the growth of display controller market. Interactive displays are being adopted across various industry verticals such as education, retail, healthcare, government among others. More and more number of retailers today are adopting interactive displays in stores to assist customers. Healthcare vertical also has various applications of interactive displays such as educating patients about advanced technologies in medical and also educate them about insurance offerings too. Hence display controllers are being rapidly adopted in healthcare sector. Interactive displays are also used for advertising purposes which easily help in grabbing attention of the consumers.

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The global display controller market is expected to grow at approx. USD 36 Billion by 2023, at 10% of CAGR between 2018 and 2023.

Key Players

The prominent players in display controller market are – Samsung Electronics Co., Ltd. (South Korea), LG Display Co., Ltd. (South Korea), Texas Instruments, Inc. (U.S.), Toshiba Corporation (Japan), Novatek Microelectronics Corporation (Taiwan), Intersil (U.S.), Fujitsu Limited (Japan), Seiko Epson Corporation (Japan), Solomon Technology Ltd. (Hong Kong), RAiO Technology, Inc. (Taiwan) among others.

Display Controller Market Segmentation
 
The display controller market has been segmented on the basis of display type, video interface type and application. The application segment is further bifurcated into appliances, industrial control, medical equipment, office automation, automotive, mobile communication devices, entertainment and gaming and others. Out of which mobile communication devices sub segment accounted for the largest share of overall display controller market. Tablet and smartphones have generated the highest revenue from this segment and have also been the largest demand generators for display controllers market.
 
Market Research Analysis:
 
The regional analysis of display controller market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that North America is estimated to account for the largest share of the market, whereas Asia-Pacific is projected to grow at the fastest rate during the forecast period. The major growth in display controller market in North America is attributed to technical advancements and increasing use of mobile devices, tablets and smartphones  in that region.
 
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Intended Audience

• Technology Investors
• Research/Consultancy Firms
• Infrastructure Providers
• Chip designers and fabricators
• Original equipment manufacturers (OEMs)
• OEM technology solution providers

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