The report of global LCD driver market by Product Type (LCD Character Driver, LCD Graphic Driver, LCD Segment Driver) Application (Industrial Displays, Telecom Product Displays, Consumer Product Displays, Automotive Dashboard Displays, Panel Meters, Portable System Displays, Optical Displays, Others) Region (North America, Europe, Asia Pacific, South America, Middle East and Africa) is expected to reach US$ XX Bn by 2027, at a CAGR of ~5% during a forecast period.
LCD driver stands for liquid crystal display driver. It is a semiconductor integrated circuit device that is basically used to control and power LCDs. It allows an interface between various types of LCD components such as microcontrollers and microprocessors. It is also known as LCD controllers and LCD display driver.
LCD display drivers find its applications in various industries such as in consumer electronics, automotive, medical, banking, and retail and telecom industry. LCD display drivers are available in the market as character drivers, dot-matrix drivers, and segment drivers. The benefits such as high resolution, high VLCD voltage and programmable frame frequencies are making them more significant for various applications such as in Smartcards, blood pressure meters, glucose meters, and in retail applications in point of sales terminals and in shelf labels, which further results into the growth of the market.
Asia Pacific is witnessing the fastest growth at CAGR of XX%.
Asia Pacific held the largest market share in 2019 in terms of revenue and is expected to witness fast growth at a CAGR of XX% during the forecast period. China, India, Japan, and South Korea are dominating the market in the region. This is owing to the massive presence of various LCD display driver manufacturing companies across the region. Also, wide scale adoption of LCD drivers in various display-based consumer electronics products is impelling the growth of the market in the APAC region.
North America followed by Europe is expected to witness fast growth during the forecast period. The US, Canada, the UK, Germany, and France are dominating the market in the respective regions. This is owing to the escalating demand for LCD drivers in automotive industry across the region.
Maximize Market Research, India market research firm with a dedicated team of specialists and data has carried out extensive research about the Global LCD Driver Market. The report encompasses the market by different segments and regions, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics and future opportunities that might exist in the Global LCD Driver Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors has been taken into consideration for enhancing market know-how of our clients and at the same time explains Global LCD Driver Market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global LCD Driver Market.”
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