Display Driver IC Market:Rising Prevalence of Smartphones

Posted by Deeksha on June 4th, 2019

As self-emissive, OLED display has been suitable even for extreme weather conditions as the OLED display technology and its manufacturing process have become mature and a myriad of applications have adopted it as a smart display. As such, pertinent players look to expand its product portfolio by launching new display driver ICs that complement higher resolution and display brightness for the rapidly growing digitization. Accordingly, Apple has transitioned from LCD panels to OLED panels to cater to the needs of customers. Sensing the opportunity, a few of the companies such as Novatek Microelectronics and AU Optronics anticipate spike in the sale of OLED. These excerpts draw resemblance from the report titled, “Display Driver IC Market—Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019-2027,” which has been freshly added to Market Research Hub’s (MRH) exhaustive repository. Robust sale of electronic devices such as mobile phones, PCs, TVs are anticipated to fuel the growth of display driver IC market that is underpinned by profound use of display driver ICs in the activation of pixels used in the electronic devices. Further, demand for integration of touch and display controller has risen with the rising prevalence of smartphones. Assessing the prevailing scenario, pertinent players are propelling their business through partnerships, mergers and acquisitions. Acquisition of Faraday Technology’s surveillance technology by Novatek Technology helped the latter company to improve the value chain of Novatek’s imaging SOC and IP cameras.

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Display Driver IC Market: Report Content

Qualitative and quantitative analysis underpin the dynamic and in-depth report on the display driver IC market. Further, the report focuses on dynamics in the market which are expected to have the impact in the development of the display driver IC market, including drivers, restraints, trends, and opportunities. In addition, the report also sheds light on segregation to reveal an exhaustive analysis of the display driver IC market.

The report also delineates executive summary and overview section, thereby providing deep dive analysis on the display driver IC market. In addition, the overview section peruses on PESTLE analysis, supply chain analysis, value chain analysis and pricing analysis to throw light on the display driver IC market.

The report also includes benchmarking to assess the performance of the products and business processes with the praise worthy performances of rival companies both inside and outside the industry in the quest for better performance.

The dynamic analysis of the competitive scenarios of the display driver IC market depends upon Porters’ Five Force Analysis. Accordingly, the Porters’ Five Force Analysis aptly concentrates on the likely strategies of the major players in the display driver IC market. Nevertheless, the business strategies are backed up company profile, product portfolio, SWOT analysis, and recent development.

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Display Driver IC Market: Research Methodology

The report on display driver IC market swears by primary sources and secondary sources which provide deep dive analysis and include unbiased and authentic sources. The report relies upon primary research that was underpinned by telephonic interview, veracious and authentic analysis from pundits, and in-depth assessment from seasoned analyst, and surveys. On the other hand, the secondary research includes EC filing, press release, governmental websites, Factiva, resourceful database, and trade journals.