Market Overview

The global display controllers market can achieve a valuation of USD 32 Billion by 2023, reveals Market Research Future (MRFR) in its new report. The report also mentions that the market can attain a growth rate of 9% from 2017 to 2023, which is considered as the forecast period.

Top Drivers and Key Barriers

Global Display Controller Market is set to expand considerably over the review period, on account of the surging sales, technological innovations, and high adoption of advanced displays as well as controller technologies in consumer electronics and mobile communication devices. Smartphones are some of the leading devices for every type of display components. Technological developments in industries such as automotive, healthcare, entertainment, and consumer electronics, have ushered in a host of avenues for the Display Controller Market.

Accelerated demand for more advanced display controllers for applications in teleconferencing can play a significant role in the growth of the display controller market. The display controllers are now used in almost every sector around the world. For instance, rising adoption of interactive displays within the retail industry to induce elevated customer experience. Also, the display controllers’ role is now transitioning from basic devices to far more holistic system controllers, which can also benefit the worldwide market in the years to come.

The integration of display controllers into Interactive display devices has boosted their use in industries like automobiles, healthcare, retail, education, and travel. It helps provide user-friendly methods to the retailers in order to improve customer engagement and also boost sales. The rising use of displays in trade shows and events is one of the top trends penetrating the display controller market.

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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.

Segmental Analysis

The global market for display controllers has been segmented with respect to application and types.

Application-based market segments are industrial control, entertainment & gaming, mobile communication devices, office automation, and medical equipment. Mobile communication device application has the highest chance of gaining the largest share in the global market. Some of the products produced in the market are smartphones and tablets, which can expand further in the coming years, in turn giving a boost to the growth of the display controllers market.

Type-wise, the worldwide market includes LCD controllers, digital display controllers, smart display controllers, touchscreen controllers, and multi-display controllers.

Detailed Regional Analysis

The geographical distribution of the global display controllers market includes Europe, North America, Asia Pacific (APAC), and the rest of the world (RoW).

Out of all the regions, North America has managed to attain the top spot in the global display controllers market, given the easy availability of internet facilities and the high use as well as the consumption of digital media.

The display controllers market in Europe is led by countries like Germany, France, the United Kingdom (UK) and Italy. These country-based markets are thriving owing to the surging adoption of touchscreen display controllers and multi-display controllers by video display devices manufacturers.

APAC can also gain high traction in the global display controllers market over the coming years, backed by the emergence of latest technologies in developing nations among others. Rising popularity of HD media also helps with the market growth in the region. The most lucrative markets for display controllers in the region include India, China, South Korea and Japan. Easy availability of low-priced products, sizeable capital along with sophisticated technologies also induce market growth in the region.

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