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Display Controller Market Size and Growth Analysis to 2024: Key Players Are LG Display, Samsung Electronics, Siemens, Fujitsu, Texas Instruments, Seiko Epson, and Toshiba

Technological advancements in every field, such as healthcare, automotive, consumer electronics, and entertainment, have opened avenues for the display controller market growth

 

Sellbyville, DE -- (SBWIRE) -- 01/10/2019 -- The Asia Pacific display controller market is expected to grow at a significant rate while North America is estimated to hold a large portion of the display controller market over the forecast period. The diverse applications of display controllers in the U.S. for appliances, industrial control, and mobile communication will contribute towards the market growth. The availability of inexpensive and abundant capital and advanced technologies are the major factors surging the display controller market growth in the North America region. In the Asia Pacific region, China and Japan are major semiconductor suppliers and are anticipated to witness a massive potential in the electronics manufacturing sector, thereby proving to be major display controller markets.

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An ever-expanding demand for more sophisticated display controllers in teleconferencing applications is predicted to fuel the display controller market. The applications of display controllers have expanded to almost every sector. An instance is the growing adoption of interactive displays in the retail sector for enhanced customer experience. In addition, the role of display controllers is undergoing a transition from common devices to more holistic system controllers.

A wide variety of operating systems and lack of uniformity in displays delivered from different manufacturers may prove the transition from one technology to another to be a complication. The development of software programs, primarily for multi-touch and multi-display applications, requires a skilled workforce, which may further inhibit the market growth. There is a lack of availability of skilled workforce to develop the required software, which may cause a major restraint for the display controller market growth. As panel sizes and applications are vast and varied, the manufacturing of these controllers is complex and highly specialized, proving to be a challenge for the industry growth.

Based on applications, the display controller market can be divided into industrial control, appliances, medical equipment, automotive, mobile communication devices, office automation, and entertainment & gaming. Mobile communication device applications are anticipated to hold a significant size of the global market. Key products of this market include smartphones and tablets, which are predicted to encounter an exponential growth and the increased demand will be a major factor promoting the industry growth. Furthermore, there is an increase in pixel density and display resolution in mobile communication devices, which demand the use of high-performance internal circuits. Applications of display controller market in medical equipment, such as mammography, clinical, dentistry and surgical, are going to prove to be a necessity in the diagnosis of illnesses. In the manufacturing sector, these technologies can aid in workforce efficiency management and scheduling of tasks.

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Vendors operating in the display controller market include LG Display, Novatek, Samsung Electronics, Siemens, Fujitsu Limited, Texas Instruments, Seiko Epson, and Toshiba. For instance, Samsung Electronics emphasizes on technological advancements and product innovations to capture more market shares.

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