Display IC Market, Global Outlook and Forecast 2024-2030
The global Display IC market size was valued at US$ 8.92 billion in 2024 and is projected to reach US$ 15.67 billion by 2030, at a CAGR of 9.8% during the forecast period 2024-2030.
The United States Display IC market size was valued at US$ 2.34 billion in 2024 and is projected to reach US$ 3.89 billion by 2030, at a CAGR of 8.9% during the forecast period 2024-2030.
Display ICs encompass various integrated circuits used in display systems, including timing controllers, source drivers, gate drivers, and interface ICs, essential for display functionality.
The global market is experiencing strong growth, driven by display technology advancement and device proliferation. In 2023, total shipments reached 8.5 billion units globally, with mobile displays accounting for 45% of demand. The market saw a 40% increase in high-refresh-rate IC adoption in 2023. Driver ICs dominate with a 50% share, while timing controllers are growing at 12% annually. Asia Pacific leads with a 60% market share and is the fastest-growing region at 10.5% CAGR. The industry is focusing on developing advanced display technologies, with a 50% growth in R&D investments for next-gen displays.
Report Overview
The display chip refers to the chip used in the manufacturing process of the display panel, and mainly includes a display driving IC, a power management IC, and a timing control IC.
This report provides a deep insight into the global Display 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 Display 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 Display IC market in any manner.
Global Display 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
Chipone Technology
Richtek Technology
GMT
Silergy Corp
Novatek
Himax
TI
Market Segmentation (by Type)
Display Power Management IC
TCON
Display Driving IC
Market Segmentation (by Application)
Mobile Phone
Tablet
TV
Monitor
Notebook
Others
Geographic Segmentation
