Market Overview:
The global driver ICs market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for advanced driver ICs in various applications, such as mobile computing devices, TVs, automotive infotainment systems, and others. Additionally, the growing demand for LED lighting is also contributing to the growth of this market.
Product Definition:
A driver IC is a device that amplifies and regulates the power to an electric motor. Driver ICs are important because they ensure that motors receive the correct voltage and current, which allows them to operate properly.
LCD Drivers:
The LCD drivers are the part of display driver circuits that convert the analog signals received from the computer to digital signals and back again. The conversion is done through a series of steps that include amplification, conversion, frequency modulation, and then demodulation. These drivers can be seen as an essential component in all displays as they have an important role in amplifying/controlling/modulating/frequency analyzing etcetera signals before sending them to LCD panels or other devices.
LED Display Drivers:
LED display drivers are integrated circuits that regulate and control the flow of current from the anode to the cathode in a liquid crystal display (LCD). The function of LED display drivers is to convert analog signals into digital signals, which are further converted into images by LCD panels.
The market for LED display drivers has witnessed significant growth over recent years owing to increasing demand for high-resolution displays.
Application Insights:
The automotive infotainment system segment is projected to witness significant growth over the forecast period. The growing need for advanced driver assistance systems (ADAS) in vehicles is expected to drive the demand for driver ICs with features such as lane departure warning, parking assistance and cruise control. Furthermore, rising demand for in-vehicle information systems on account of increasing safety concerns among vehicle drivers is also anticipated to boost industry growth over the coming years.
The mobile computing device segment accounted for a share of more than 30% in 2017 and this trend is expected to continue over the forecast period owing to increasing usage of smart devices with enhanced features such as HD displays, touch screens and keyboards along with operating systems such as Android OS or Windows 10 OS. Moreover, emerging markets are characterized by high smartphone adoption rates which are further likely to propel market growth across regions worldwide.
Regional Analysis:
The North American region dominated the market in terms of revenue share in 2017. The growth can be attributed to the presence of key industry players such as Texas Instruments Inc.; Maxim Integrated Products; and NXP Semiconductors. These companies are actively involved in the development and distribution of driver integrated circuits for various applications across automotive, consumer electronics, industrial, and lighting & power sectors.
Asia Pacific is expected to emerge as a lucrative regional market over the forecast period owing to increasing demand from developing countries such as China and India. Developing economies present significant opportunities for industry expansion due to growing need for advanced driver assistance systems (ADAS) solutions along with other advanced features including high dynamic range audio capabilities that are not available on conventional analog systems found on traditional vehicles. Moreover, rising disposable incomes coupled with increased spending capacity among consumers will further drive product adoption across this region over next eight years till 2030 timeframe.
Growth Factors:
- Increasing demand for driver ICs in automotive sector
- Rising demand from consumer electronics sector
- Growing popularity of LED lighting technology
- Proliferation of Internet of Things (IoT) devices
- Emerging applications such as autonomous vehicles and drones
Scope Of The Report
Report Attributes
Report Details
Report Title
Driver ICs Market Research Report
By Type
LCD Drivers, LED Display Drivers, LED Lighting Drivers, Others
By Application
Mobile Computing Devices, TVs, Automotive Infotainment Systems, Others
By Companies
Diodes, Analog Devices, Texas Instruments, Maxim Integrated, NXP, ON Semicondutor, Infineon, Epson, Renesas Electronics Corporation, Microchip, Diodes, Renesas Electronics, ROHM Semiconductor
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Driver ICs Market Report Segments:
The global Driver ICs market is segmented on the basis of:
Types
LCD Drivers, LED Display Drivers, LED Lighting Drivers, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Mobile Computing Devices, TVs, Automotive Infotainment Systems, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Diodes
- Analog Devices
- Texas Instruments
- Maxim Integrated
- NXP
- ON Semicondutor
- Infineon
- Epson
- Renesas Electronics Corporation
- Microchip
- Diodes
- Renesas Electronics
- ROHM Semiconductor
Highlights of The Driver ICs Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- LCD Drivers
- LED Display Drivers
- LED Lighting Drivers
- Others
- By Application:
- Mobile Computing Devices
- TVs
- Automotive Infotainment Systems
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Driver ICs Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Driver ICs are chips that control the operation of a printer.
Some of the major players in the driver ics market are Diodes, Analog Devices, Texas Instruments, Maxim Integrated, NXP, ON Semicondutor, Infineon, Epson, Renesas Electronics Corporation, Microchip, Diodes, Renesas Electronics, ROHM Semiconductor.
The driver ics market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Driver ICs Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Driver ICs Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Driver ICs Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Driver ICs Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Driver ICs Market Size & Forecast, 2018-2028
4.5.1 Driver ICs Market Size and Y-o-Y Growth
4.5.2 Driver ICs Market Absolute $ Opportunity
Chapter 5 Global Driver ICs Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Driver ICs Market Size Forecast by Type
5.2.1 LCD Drivers
5.2.2 LED Display Drivers
5.2.3 LED Lighting Drivers
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Driver ICs Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Driver ICs Market Size Forecast by Applications
6.2.1 Mobile Computing Devices
6.2.2 TVs
6.2.3 Automotive Infotainment Systems
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Driver ICs Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Driver ICs Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Driver ICs Analysis and Forecast
9.1 Introduction
9.2 North America Driver ICs Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Driver ICs Market Size Forecast by Type
9.6.1 LCD Drivers
9.6.2 LED Display Drivers
9.6.3 LED Lighting Drivers
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Driver ICs Market Size Forecast by Applications
9.10.1 Mobile Computing Devices
9.10.2 TVs
9.10.3 Automotive Infotainment Systems
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Driver ICs Analysis and Forecast
10.1 Introduction
10.2 Europe Driver ICs Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Driver ICs Market Size Forecast by Type
10.6.1 LCD Drivers
10.6.2 LED Display Drivers
10.6.3 LED Lighting Drivers
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Driver ICs Market Size Forecast by Applications
10.10.1 Mobile Computing Devices
10.10.2 TVs
10.10.3 Automotive Infotainment Systems
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Driver ICs Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Driver ICs Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Driver ICs Market Size Forecast by Type
11.6.1 LCD Drivers
11.6.2 LED Display Drivers
11.6.3 LED Lighting Drivers
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Driver ICs Market Size Forecast by Applications
11.10.1 Mobile Computing Devices
11.10.2 TVs
11.10.3 Automotive Infotainment Systems
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Driver ICs Analysis and Forecast
12.1 Introduction
12.2 Latin America Driver ICs Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Driver ICs Market Size Forecast by Type
12.6.1 LCD Drivers
12.6.2 LED Display Drivers
12.6.3 LED Lighting Drivers
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Driver ICs Market Size Forecast by Applications
12.10.1 Mobile Computing Devices
12.10.2 TVs
12.10.3 Automotive Infotainment Systems
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Driver ICs Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Driver ICs Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Driver ICs Market Size Forecast by Type
13.6.1 LCD Drivers
13.6.2 LED Display Drivers
13.6.3 LED Lighting Drivers
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Driver ICs Market Size Forecast by Applications
13.10.1 Mobile Computing Devices
13.10.2 TVs
13.10.3 Automotive Infotainment Systems
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Driver ICs Market: Competitive Dashboard
14.2 Global Driver ICs Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Diodes
14.3.2 Analog Devices
14.3.3 Texas Instruments
14.3.4 Maxim Integrated
14.3.5 NXP
14.3.6 ON Semicondutor
14.3.7 Infineon
14.3.8 Epson
14.3.9 Renesas Electronics Corporation
14.3.10 Microchip
14.3.11 Diodes
14.3.12 Renesas Electronics
14.3.13 ROHM Semiconductor
