Global Display Controllers Market Growth Fuelled by Increasing Adoption of Interactive Displays for Improving Customer Experience

According to a recent market report published by FMI titled “Display Controllers Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018–2027,” the global display controllers market was valued at US$ 19,867.6 Mn in 2017, and is expected to register a CAGR of 8.8% from 2018 to 2027.

Display controllers are components that are embedded into different electronics devices. They produce a video signal. These devices are present in devices as integrated circuits in a video display system. They are used for generating video content such as a TV signal. Display controllers are used and independently operated for the manipulation of video RAM content for accomplishing various requirements. Thus, increase in the adoption of video content delivery devices in different sectors, which include entertainment, consumer electronics, automotive and healthcare, is fuelling the growth of the market. The emergence of new video content delivery technologies, such as 2D, 3D and others, are also some of the factors driving the market.

Displays are used in various industries for the viewing of video content. For instance, the displays of medical equipment at hospitals aid in the viewing of healthcare content by doctors and other hospital staff. In addition, the rapid adoption of consumer electronic devices is boosting the production of these devices and creating new market opportunities for the growth of the display controllers market.  Constant innovations in consumer electronic devices, which has led to the introduction of technologically advanced products, is creating new opportunities for the manufacturers for display controllers, which is resulting in market growth. Moreover, a rapid increase in the production of mobile phones, computers, laptops, and other devices is proportionately boosting the demand for display controllers.

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The global display controllers market is categorised on the basis of type, application and region. On the basis of type, the display controllers market is segmented into LCD controllers, touchscreen controllers, multi-display controllers, smart display controllers and digital display controllers. Among the types of display controllers, the multi-display controllers segment is expected to hold the largest market share in terms of the value generation from the sale of display controllers due to the high prices of multi-display controllers. The adoption of multi-display controllers in video walls for video content delivery and the adoption of multi-displays at conferences and events is creating potential growth opportunities for the display controllers market over the forecast period. In addition, the increasing need for standard displays for teleconference-based meetings is expected to boost the demand for display controllers among consumers over the forecast period.

On the basis of applications, the display controllers market is segmented into medical equipment, industrial control, automotive, mobile communication devices, entertainment & gaming and others. The application segmentation includes the application areas where display controllers are used for different purposes. The multi-display controllers segment is expected to expand at a CAGR of 8.3% during the forecast period due to the increasing adoption of multi-displays for the delivery of video content. In addition, the adoption of LCD display controllers for different industrial automation process & equipment, consumer electronics devices, automotive industry and others is expected to boost the demand for display controllers over the forecast period.

The display controllers market report also covers the trends that drive each segment, as well as offers analysis & insights regarding the growth potential of the market in regions such as North America (U.S. & Canada), Latin America (Brazil, Mexico and the rest of Latin America), Europe (Germany, Italy, France, Spain, U.K., and the rest of Europe), Japan, APEJ (China, India, Malaysia, Australia, Singapore and the rest of APEJ) and MEA (GCC Countries, Israel, South Africa and the rest of MEA). The revenue contribution of North America is estimated to increase at a CAGR of 8.6% over the forecast period owing to the constant innovations and high adoption of display controllers from the from consumer electronics manufacturers.

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Some key vendors of display controllers include:

  • Fujitsu Limited
  • Solomon Systech Limited.
  • Renesas Electronics
  • Toshiba Corporation
  • LG Display Co., Ltd.
  • Novatek Microelectronics Corporation
  • Seiko Epson Corporation
  • Digital View Inc.
  • Texas Instruments, Inc.
  • Samsung Electronics Co., Ltd.

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