Dublin, July 19, 2022 (GLOBE NEWSWIRE) -- The "US Display Driver Market (2022-2027) by Driver Type, Technology, Device, Display Size., Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The US Display Driver Market is estimated to be USD 164 Mn in 2022 and is projected to reach USD 210.51 Mn by 2027, growing at a CAGR of 5.12%.
Market dynamics are forces that impact the prices and behaviors of the US Display Driver Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service.
Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.
As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.
Company Profiles
Some of the companies covered in this report are Dialog Semiconductor plc, FocalTech, Himax Technologies, Lucid Display Technology.
The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario.
Competitive Quadrant
The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score.
The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Ansoff Analysis
The report presents a detailed Ansoff matrix analysis for the US Display Driver Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company.
The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
The analyst analyses the US Display Driver Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, The analyst has devised suitable strategies for market growth.
Market Dynamics
Drivers
- Increasing OLED and Flexible Display Demand
- Growth in the Use of 4K & 8K Televisions and Availability of UHD Content
- Increasing Demand for Automotive Displays
- Evolving Role of DDICs from Individual Components to Single Integration Chips
Restraints
- Saturated Growth and Declining Volumes of Shipments of Display Panels of TVS, Tablets, and Monitors
Opportunities
- Development of COF Package-Based Display Drivers and Innovations in TDDI-Type Display Drivers
- Construction of New OLED and LCD Panel Manufacturing Facilities
- Increasing Demand for Wearable Displays for Smartwatches and AR/VR HMDs
Challenges
- High Competition and Demand for Diverse Product Specifications
- Increasing Ram Capacity of DDICs for High-Resolution Displays
- Rapid Advancements in Display Panel Technology
Market Segmentations
The US Display Driver Market is segmented based on Driver Type, Technology, Device, and Display Size.
- By Driver Type, the market is classified into Display Driver IC (DDIC) and Touch and Display Driver Integration (TDDI).
- By Technology, the market is classified into LCD, OLED, and Others.
- By Device, the market is classified into Smartphone, Tablet, Automotive Display, Television, Monitor & Notebook, Smart Watch, AR HMD, VR HMD, and Others.
- By Display Size, the market is classified into Small Devices and Medium-Sized and Large Devices.
Company Profiles
- Dialog Semiconductor plc
- FocalTech
- Himax Technologies
- Lucid Display Technology
- MagnaChip Semiconductor Corp
- MediaTek Inc
- Microchip Technology Inc
- Novatek Microelectronics Corp
- Solomon Systech
- Rohm Semiconductor
- Samsung Electronics Co. Ltd
- Silicon Works
- Sitronix Technology
- SolasOLED
- Solomon Systech (International) Ltd
- Synaptics Inc
- UltraChip Inc
For more information about this report visit https://www.researchandmarkets.com/r/ji4zlf
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