Global Display Controllers Market Set to Grow with CAGR of 9.75 % By 2026 With L

Posted by ganesha on December 27th, 2019

Global Display Controllers Market, By Display Type (LCD Controller, Touchscreen Controller, Multi-Display Controller, Smart Display Controller, Graphics Display Controller), Application (Appliances, Industrial Control, Medical Equipment, Office Automation, Automotive, Mobile Communication Devices, Entertainment & Gaming, Others)

Market Definition: Global Display Controllers Market

Display controllers are a type of electronic device that have the capabilities to interact with the various machines and other electronic devicesthey are connected with, providing the user of display controllers with command over the various other devices. These devices have an interactive display so that the user can provide the commands and these commands are then sent to the applicable device. They can be defined as a type of remote, as they provide the controls to its users from a distance.

Market Drivers:

  • Increased adoption and preferences of display devices with interactive capabilities is a factor that is expected to drive the market growth
  • Increasing demand for mobile electronic devices that have the capabilities to control the various devices and have a modern display from the various events and conferences is also expected to drive the market growth

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Market Restraints:

  • Varied operating systems from various manufacturers of these devices make it difficult for appropriate and complete application on the various machines, which is expected to act as a restraint to the market growth
  • Lack of technically knowledgeable workforce that can develop the operating systems and software capable of dealing with multi-controlling applications is also expected to act as a restraint to the market growth

Market Analysis: Global Display Controllers Market

Global display controllers market is expected to rise from its initial estimated value of USD 22.75 billion in 2018 to an estimated value of USD 47.88 billion by 2026, registering a CAGR of 9.75% in the forecast period of 2019-2026. This rise in market value can be increasing levels of adoption of electronic display devices equipped with the capabilities of interacting with the various electrical appliances.

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Segmentation: Global Display Controllers Market

  • By Display Type
  • LCD Controller
  • Touchscreen Controller
  • Multi-Display Controller
  • Smart Display Controller
  • Graphics Display Controller
  • By Application
  • Appliances
  • Industrial Control
  • Medical Equipment
  • Office Automation
  • Automotive
  • Mobile Communication Devices
  • Entertainment & Gaming
  • Others

Key Developments in the Market:

In August 2017, Texas Instruments Incorporated announced the launch of low cost high quality DLP technology chipset; the new chipset “DLP2000” chipset and “DLP LightCrafter Display 2000 evaluation model (EVM)” enable the developers and innovators to incorporate the DLP display technology into various electronic devices.

In February 2017, Renesas Electronics Corporation announced that they had completed the acquisition of Intersil Corporation. With this acquisition, Renesas’ have strengthened their position as the leading technology provider for advanced embedded systems.

Competitive Analysis: Global Display Controllers Market

Global display controllers market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of display controllers market for global, Europe, North America, Asia Pacific and South America.

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ganesha
Joined: October 29th, 2019
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