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Display Driver Market worth $9.1 billion by 2023


A Display Driver IC controls the current and voltage requirements across the display panel for it to function. The display driver receives image data from timing controller and delivers precise analog voltages or currents to create images on the display. The Display Driver Market is estimated to grow from USD 7.1 billion in 2018 to USD 9.1 billion by 2023, at a CAGR of 5.1% between 2018 and 2023. The market is growing due to the increasing demand for OLED and flexible displays, adoption of highly priced and advanced display drivers, and growth in the automotive display market. Growth in the use of 4K and 8K televisions and availability of UHD content, and evolving role of DDICs in individual components and single integration chips also drive the growth of the market for display driver ICs.

Small devices account for the highest demand of display drivers. Display panels are used in several small devices such as smartphones, automotive displays, tablets, feature phones, industrial displays, small medical devices, camera, and others. Automotive displays are expected to witness positive growth in terms of shipments during the forecast period. Smartphone is one of the leading devices accounting for a majority of the global display driver market. The display driver market in small devices is expected to be driven by the smartphone segment during the forecast period. Smartphone display panels are produced in the range of 1.5–1.7 billion units yearly. With innovation in display technology (LTPS-LCD and OLED), the rapid adoption of flexible display panels, and the introduction of full-view displays in smartphones, demand for TDDI and COF-based display drivers is expected to increase rapidly in the next 2 years.
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Key Market Players

Samsung Electronics Co., Ltd. (Samsung) (South Korea), Novatek Microelectronics Corp. (Novatek) (Taiwan), Synaptics Incorporated (Synaptics) (US), Himax Technologies, Inc. (Himax) (Taiwan), Silicon Works Co., Ltd. (Silicon Works) (South Korea), Raydium Semiconductor Corporation (Raydium) (Taiwan), Sitronix Technology Corporation (Sitronix) (Taiwan), FocalTech Systems Co., Ltd. (FocalTech) (Taiwan), MagnaChip Semiconductor Corporation (South Korea), MediaTek Inc. (MediaTek) (Taiwan), Fitipower Integrated Technology Inc. (Fitipower) (Taiwan), and ROHM Co., LTD. (ROHM Semiconductor) (Japan) are the leading players in display driver market.

Key Developments:

  • In August 2018, Synaptics announced the sampling of its new ClearView R63455 display driver IC (DDIC), which features dual-display 2K resolution combined with foveal transport support for next-generation virtual reality head-mounted displays (HMDs).
  • In May 2018, MagnaChip Semiconductor announced that it launched a new third-generation 40-nanometer (nm) OLED display driver integrated circuit (DDIC) for the next wave of OLED smartphone displays.
  • In October 2017, Synaptics announced a significant expansion of its touch controller and display driver integration (TDDI) product portfolio with 4 new solutions such as TD4362, TD4328, TD4115, and TD4105.

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