Liquid Crystal Display Drivers Market Overview, Growth, and Trends (2021-2031)

Analyst Perception

The liquid crystal display drivers market is expected to grow at a significant rate during the forecast period. Technological advancement has positively contributed to the growth of the market in the near future. The increasing number of electronic users increases the consumer demand for high-resolution displays. The high-quality drivers are used for producing high-resolution displays for providing high response time, which enhances the customer experience and further boosts the market.

Market Overview

Liquid Crystal Display (LCD) Drivers are semiconductor chips that are used to power and control the voltage that flows to the LCD. They provide an interface for the LCD components. LCD requires the conversion of digital signals into voltage for displaying pictures. The driver is very efficient when it comes to energy consumption. The use of LCD drivers has increased owing to its popularity and benefits to many industries is fueling the market. In terms of revenue, the liquid crystal display drivers market in North America holds the largest share, with the US generating huge revenue yearly. Asia Pacific holds the second largest share, with a high growth potential in the coming years. The global liquid crystal display drivers market is expected to grow at a CAGR of 10.2% during the forecast period.

Market Drivers

Growing Application in Automotive Display is Driving the Market

Increasing usage of LCD technology in automotive displays for improving user experience is driving the market. LCD drivers offer better and improved color accuracy and display resolution, making them an ideal choice for customers for use in automotive displays. They are highly energy-efficient as compared to other display technologies, allowing automakers to meet stringent emission standards. This increases the for LCD drivers in the automotive industry driving the global market.

Market Scope

The "Global Liquid Crystal Display Drivers Market Analysis to 2031" is a specialized and in-depth study of the market with a special focus on the global market trend analysis. The report aims to provide an overview of the market with detailed market segmentation by type and application. The global market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market player. It offers key trends and opportunities in the market.

Market Segmentation

The Liquid Crystal Display Drivers Market is segmented based on type, application, and geography. On the basis of type, the market is segmented into LCD character drivers, LCD graphic drivers, and LCD segment drivers. On the basis of application, the market is segmented into automotive, medical, small appliances, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global liquid crystal display drivers market based on various segments. It also provides market size and forecast estimates from 2021 to 2031 with respect to five major regions, namely North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The liquid crystal display drivers market by each region is later sub-segmented by respective countries and segments. The report covers an analysis and forecast of 18 countries globally, along with current trends and opportunities prevailing in the region.

The report analyzes factors affecting the liquid crystal display drivers Market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive PEST analysis for all five regions, namely North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the liquid crystal display drivers market in these regions.

MARKET PLAYERS

The reports cover key developments in the liquid crystal display drivers 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 partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the liquid crystal display drivers market are anticipated to have lucrative growth opportunities in the future with the rising demand for the liquid crystal display drivers market.

The report also includes the profiles of key liquid crystal display drivers 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 for the last 3 years, and key developments in the past five years. Mentioned below is the list of a few companies engaged in the liquid crystal display drivers market.

• Texas Instruments
• Fujitsu Ltd.
• STMicroelectronics
• Renesas Electronics Corporation
• Novatek Microelectronics Corporation
• Seiko Epson Corporation
• Torex Semiconductor
• Intersil
• LG Display Co. Ltd.
• Samsung

Liquid Crystal Display Drivers Report Scope