Display Driver Market Size, Share, Growth Analysis, By Product Sub-SegmentsDisplay Driver IC, and Touch Display Driver Integration(Smartphone, Smartwatch), By Device(LCD, OLED), By Technology(Chip-on-glass, and Chip-on-film) - Industry Forecast 2024-2031

Display Driver Market size was valued at USD 6.33 billion in 2022 and is poised to grow from USD 6.6 billion in 2023 to USD 9.17 billion by 2031, growing at a CAGR of 4.2% in the forecast period (2024-2031).

The competitive environment of the Display Driver Market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. The market competitive landscape provides detailed information from competitors. Detailed information includes company overview, company financials, earnings, market potential, investment in research and development, new market strategy, presence, manufacturing regions and locations of production, manufacturing capacity, company strengths and weaknesses, product launches, product expansion and expansion, application authority. 'Sony Corporation', 'Lenovo Group Limited', 'Panasonic Corporation', 'LG Electronics Inc.Haier Group Corporation', 'Hisense Group', 'Nvidia Corporation', 'Advanced Micro Devices', 'Samsung Electronics Co. Ltd.', 'Sharp Corporation', 'Koninklijke Philips N.V.', 'MediaTek Inc.', 'AsusTek Computer Inc.', 'Acer Inc.TCL Electronics', 'Microchip Technology Inc.', 'Rohm Semiconductor', 'Novatek Microelectronics Corp.', 'Vizio Inc.', 'Synaptics Incorporated', 'Himax Technologies Inc.', 'Fitipower Integrated Technology Inc.', 'Raydium Semiconductor Corporation', 'Silicon Works Co. Ltd.', 'FocalTech Systems Co. Ltd.', 'Magnachip', 'SINOWEALTH Electronic Ltd.', 'Solomon Systech (International) Limited', 'UltraChip Inc.', 'Sitronix Technology Corporation', 'Sony Corporation', 'Lenovo Group Limited', 'Panasonic Corporation', 'LG Electronics Inc.', 'Haier Group Corporation', 'Hisense Group', 'Nvidia Corporation', 'Advanced Micro Devices', 'Samsung Electronics Co. Ltd.', 'Sharp Corporation', 'Koninklijke Philips N.V.', 'MediaTek Inc.', 'AsusTek Computer Inc.', 'Acer Inc.', 'TCL Electronics', 'Microchip Technology Inc.', 'Rohm Semiconductor', 'Novatek Microelectronics Corp.', 'Vizio Inc.', 'Synaptics Incorporated', 'Himax Technologies Inc.', 'Fitipower Integrated Technology Inc.', 'Raydium Semiconductor Corporation', 'Silicon Works Co. Ltd.', 'FocalTech Systems Co. Ltd.', 'Magnachip', 'SINOWEALTH Electronic Ltd.', 'Solomon Systech (International) Limited', 'UltraChip Inc.', 'Sitronix Technology Corporation'

The display driver market is expected to grow rapidly, which ultimately increases the demand for high-performance display driver ICs and then pushes the market towards higher growth Smart devices such as smartphones, wearables (smartwatches and AR/VR HMD), smart TVs, OLEDs and flexible displays are leading the way in the display industry. South Korea produces more than 95% of all OLED display panels, with the majority of OLED-based display driver demand coming from South Korea's Samsung and LG Display mainly invested in OLED technology and their production development is likely to dominate South Korea's OLED displays, in terms of size.

The display driver market is expected to grow at a rapid pace during the forecast period owing to increasing demand for LCD panels in smartphones, televisions and other electronic devices. Important growth drivers are increasing demand for higher quality, integrated functions and higher selling prices. Adoption of high-value and advanced displays due to increased demand for OLED and flexible displays and growth in automotive display industry drives market growth Increase in 4K and the use of 8K televisions and the availability of UHD products, as well as the emerging role of DDICs in individual components and singular integration chips.