LED Display Driver ICs Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (AC/DC LED Lighting Driver IC, DC/DC LED Lighting Driver IC); Application (Automotive, Consumer Electronics, Aerospace and Defense, IT and Telecommunications, Other) and Geography
Report Code: TIPRE00022727
| No. of Pages: 150
| Category: Electronics and Semiconductor
| Status: Upcoming
An LED display driver is an integrated circuit (IC) that contains the circuitry required to connect standard microprocessors or digital systems to LED displays. Multiplex scan circuitry, static display memory, and high current segment and digit drivers for displays may all be found in an LED display driver. Demand for better resolution, integrated functionality, and higher average selling prices are all major growth factors for the market.
The "Global LED display driver ICs Market Analysis to 2028" is a specialized and in-depth study of the LED display driver ICs Market with a special focus on the global market trend analysis. The report aims to provide an overview of LED display driver ICs market with detailed market segmentation by type and application. The global LED display driver ICs market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading LED display driver ICs market player and offers key trends and opportunities in the LED display driver ICs market.
- Based on type the market is segmented as, AC/DC LED lighting driver IC and DC/DC LED Lighting driver IC.
- Further, on the basis of application the market is segmented as, automotive, consumer electronics, aerospace and defense, IT and telecommunication, others.
- The LED DDIC market is predicted to increase in response to the increased demand for energy-efficient lighting and high-quality picture images, as well as many energy-saving government efforts such as the ban on traditional halogen lights.
- Demand for better resolution, integrated functionality, and higher average selling prices are all major growth factors for the market.
- Technological advancements in display drivers integrated circuits.
- The LED display driver ICs market's growth is restrained by high cost associated with the technology.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global LED display driver ICs market based on various segments. It also provides market size and forecast estimates from year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The LED display driver ICs market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting LED display driver ICs Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the LED display driver ICs market in these regions.
IMPACT OF COVID-19 ON LED DISPLAY DRIVER ICS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
Get more information on this report :
The reports cover key developments in the LED display driver ICs market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from LED display driver ICs market are anticipated to lucrative growth opportunities in the future with the rising demand for LED display driver ICs market. Below mentioned is the list of few companies engaged in the LED display driver ICs market.
The report also includes the profiles of key LED display driver ICs market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Texas Instruments Incorporated
- Neumüller Elektronik GmbH - Central
- Linear Technology
- Maxim Integrated
- NXP Semiconductors
- Semiconductor Components Industries, LLC
- Panasonic Corporation
- Analog Devices
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.