A liquid crystal display driver is a type of peripheral device that interfaces with the liquid crystal display. It produces the drive signal and can be used in a cascade for larger LCD applications. LCD drivers manage the complex AC voltage requirements of liquid crystal displays and collaborate with LCD controllers to keep pixel information fresh in their drive circuitry. Many display drivers are being developed to work with a wide range of microprocessors and microcontrollers, as well as a large range of LCD display types. The growing demand for low-cost LCD modules for various end-user applications like as automotive and consumer electronics is fueling the growth of the liquid crystal display driver market.
MARKET SCOPE
The "Global Liquid crystal display drivers Market Analysis to 2028" is a specialized and in-depth study of the Liquid crystal display drivers Market with a special focus on the global market trend analysis. The report aims to provide an overview of liquid crystal display drivers market with detailed market segmentation by type and application. The global liquid crystal display drivers market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading liquid crystal display drivers market player and offers key trends and opportunities in the liquid crystal display drivers market.
MARKET SEGMENTATION
- Based on type the market is segmented as, LCD character drivers, LCD graphic drivers and LCD segment drivers.
- Based on application the market is segmented as, automotive, industrial, medical, small appliance and others.
MARKET DYNAMICS
Drivers-
- The growing demand for low-cost LCD modules for various end-user applications like as automotive and consumer electronics is fueling the growth of the liquid crystal display driver market.
- The growing demand for LCD drivers in the automotive, industrial, and portable equipment markets is a major growth driver for the liquid crystal display driver market.
- In addition, rising demand for LCD drivers for use in EL panels for transflective and transmissive displays is expected to boost demand of liquid crystal display driver in the coming years.
Restraints-
- However, display thickness and high cost of the product are the restraining factors for the market growth.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global liquid crystal display drivers 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 liquid crystal display drivers 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 liquid crystal display drivers 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 liquid crystal display drivers market in these regions.
IMPACT OF COVID-19 ON LIQUID CRYSTAL DISPLAY DRIVERS 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.
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 partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from liquid crystal display drivers market are anticipated to lucrative growth opportunities in the future with the rising demand for liquid crystal display drivers market. Below mentioned is the list of few companies engaged in 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 of last 3 years, key development in past five years.
- SAMSUNG
- LG Display Co., Ltd
- NXP Semiconductor
- RAIO Technology Inc
- Toshiba Corporation
- Texas Instruments
- Novatek Microelectronics Corporation
- Renesas Electronics Corporation
- Seiko Epson Corporation
- Fujitsu