The construction of new OLED and LCD panel manufacturing facilities, development of display drivers based on chip-on-film packages, and innovations

Display Driver Market, by Type (Display Driver IC, Touch Display Driver Integration), by Device (Smartphone, Tablet, Wearable, TV, Automotive Display)

Increasing demand for OLED and flexible displays and highly priced and advanced display drivers contribute significantly to the growth of the display driver market.

OLED display panel market is expected to grow rapidly during the forecast period

China to be the fastest growing market during the forecast period

What are the opportunities in the display driver market in the next 5 years?

Display driver market to grow at highest CAGR for OLED displays during forecast period

According to Market Research Future (MRFR), the global display driver market is expected to reach a substantial market valuation of USD 8.93 billion by the end of the review period at a considerable CAGR of 7.16%.

The global Display Driver Market Size was initially valued at USD 6.04 billion in 2017 and is estimated to reach USD 8.93 billion by the end of the assessment period i.e 208-2023.

The CAGR is expected to expand at a rate of 7.16% during the forecast period.

Display driver market to grow at highest CAGR for OLED displays during forecast period

Get in-depth analysis of the COVID-19 impact on the Display Driver Market

Display driver market to grow at highest CAGR for OLED displays during forecast period

According to Market Research Future (MRFR), the global display driver market is expected to reach a substantial market valuation of USD 8.93 billion by the end of the review period at a considerable CAGR of 7.16%.

The Display Driver Global Market is anticipated to strike a CAGR of 7.16% during the forecast period 2019 to 2023

Display driver market for smart wearables to witness highest growth during forecast period

A display driver IC controls the current and voltage requirements across the display panel for it to function.

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.

Display driver market report provides key statistics on the market status of the Display driver manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry

The global display driver market was valued at USD 6.04 billion in 2017 and is expected to reach USD 8.93 billion by the end of forecast period with a CAGR of 7.16%.

The OLED display panel market is expected to grow rapidly during the forecast period, which will eventually increase the demand for high-performance display driver ICs and subsequently drive the market toward high growth.