GITNUX MARKETDATA REPORT 2024

Display Controller Industry Statistics

The Display Controller industry is anticipated to experience steady growth in the next few years due to the increasing demand for high-resolution displays in various electronic devices.

In this post, we will explore the latest statistics and trends shaping the global Display Controllers industry. From market size and growth projections to segment analysis and regional insights, these key statistics provide valuable information on the evolving landscape of the display controller market.

Statistic 1

"The global Display Controllers market size was valued at USD 22.52 billion in 2017."

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Statistic 2

"The Display Controller Market is expected to reach $32.24 billion by 2022."

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Statistic 3

"The Compound Annual Growth Rate (CAGR) of Display Controllers market is about 9.1% from 2018 to 2023."

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Statistic 4

"The LCD technology segment accounted for the largest share, at about 46%, of the global display controller market in 2017."

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Statistic 5

"Mobile phones dominated the display controller market in 2016 contributing about 31% of the total share."

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Statistic 6

"North America is estimated to account for the largest share of the display controller market in 2022."

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Statistic 7

"Display Controller Market in Asia Pacific is expected to grow at a CAGR of 10.7% during the forecast period 2018-2023."

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Statistic 8

"In 2017, over 63% of the display controller's market share came from graphics display controllers."

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Statistic 9

"The automotive industry's usage of display controllers is projected to grow at a rate of 10.2% during the 2018-2023 period."

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Statistic 10

"In Display Controller Market, China has the largest market share of approximately 33.9% in 2018."

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Statistic 11

"Industrial controls end-use application segment in Display Controller Market is projected to grow at a CAGR of 6.03% during forecast period."

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Statistic 12

"The commercial sector accounted for over 35% revenue share in 2020 in the market."

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Statistic 13

"The Global Display Driver IC market for smartphones was valued at USD 5 billion in 2020."

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Statistic 14

"The 4K resolution segment of Display Controller market projected to grow at CAGR of 8.63% during 2022-2027."

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Statistic 15

"In Europe, UK accounts for largest market share of Display Controller market."

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Statistic 16

"The APAC (Asia-Pacific) region is anticipated to be the fastest-growing segment in Display Controller market, with a CAGR of 9.4% during 2016-2021 period."

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Statistic 17

"The display driver IC for television market is expected to register a CAGR of over 6% by 2026."

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The data presented indicates a promising outlook for the global display controller market, with substantial growth projected across various regions and end-use applications. With a strong Compound Annual Growth Rate (CAGR) of 9.1% from 2018 to 2023, the market is expected to reach $32.24 billion by 2022. The dominance of LCD technology and mobile phones in the market highlights key areas of focus for industry players. Regions such as North America and Asia Pacific are poised to drive significant market shares, with China holding a prominent position. Moreover, emerging trends like the adoption of 4K resolution and increasing usage in the automotive industry are expected to further propel market growth.

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