Large Size Panel Display Driver IC Market, Global Outlook and Forecast 2024-2030
The global Large Size Panel Display Driver IC market size was valued at US$ 4.23 billion in 2024 and is projected to reach US$ 6.78 billion by 2030, at a CAGR of 8.2% during the forecast period 2024-2030.
The United States Large Size Panel Display Driver IC market size was valued at US$ 956.7 million in 2024 and is projected to reach US$ 1.45 billion by 2030, at a CAGR of 7.2% during the forecast period 2024-2030.
Large Size Panel Display Driver ICs are integrated circuits designed to control and drive large display panels used in TVs, monitors, and other large-format displays.
The global market is expanding steadily, driven by TV panel demand and monitor sales. In 2023, shipments reached 850 million units globally, with TV panels accounting for 55% of demand. The market saw a 25% increase in 8K display driver adoption in 2023. LCD drivers dominate with a 70% market share, while OLED drivers are growing at 15% annually. Asia Pacific leads with a 60% market share and is the fastest-growing region at 8.8% CAGR. The industry is focusing on developing mini-LED compatible solutions, with a 40% growth in R&D investments for high-performance features.
Report Overview
Driver ICs are critical components of panels. Large-sized panel applications, such as TV,Monitor and Notebook.
This report provides a deep insight into the global Large Size Panel Display Driver IC market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Large Size Panel Display Driver IC Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Large Size Panel Display Driver IC market in any manner.
Global Large Size Panel Display Driver IC Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Samsung Electroncis
Novatek
Himax
Synaptics
Silicon Works
Sitronix
MagnaChip
ILITEK
Raydium
Focaltech
Market Segmentation (by Type)
Source Drive IC
Gate Drive IC
Market Segmentation (by Application)
TV
Monitor
Notebook
Geographic Segmentation