Global LED Backlight Display Driver Ics Market Is Expected to 2570 Million US$ by the End of 2025
Global LED Backlight Display Driver Ics Market New Research Report Announced with business priorities in order to assist companies to realign their business strategies.
Los Angeles, CA -- (SBWire) -- 05/02/2019 --The liquid crystal display itself is a non-active light-emitting element that must be illuminated with a backlight Display Driver ICs to read the image of the panel.
The region hosts many large consumer electronics and mobile computing device manufacturers, including prominent OEMs and ODMs such as Xiaomi, Samsung, LG, HTC, ZTE, Huawei, Lenovo, Acer, ASUS, and Sony. With the rising demand for high picture quality and improved efficiency systems, LED backlight DDICs are employed in the BLU of these devices.
The demand for LED backlight DDICs in developing countries is expected to drive the global market. The smartphone market in China and India is the largest in the world and is expected to drive sales of connected devices after the rollout of long-term evolution (LTE) and the ongoing trend of the Internet of Things (IoT).
"China is quickly emerging as a leading hub for LCD display manufacturers. The rising number of display device manufacturers in the country is mainly attributed to the availability of abundant resources and low-cost labor. The growing disposable income of people in APAC countries, along with the declining end-product prices, have increased the demand for such devices in the domestic market. The overall demand for consumer electronics in this region indirectly support the demand for LED backlight DDICs," said Asif.
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The presence of prominent automotive infotainment manufacturers in APAC makes the region a leader in the global LED backlight DDICs market. Companies such as Alpine, Denso, Fijitsu, Panasonic, and Pioneer manufacture automotive infotainment systems such as navigation systems and other in-vehicle entertainment devices, which incorporate LED backlight DDICs in their BLU.
The global LED Backlight Display Driver Ics market was 1740 million US$ in 2018 and is expected to 2570 million US$ by the end of 2025, growing at a CAGR of 5.7% between 2019 and 2025.
This report studies the LED Backlight Display Driver Ics market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of LED Backlight Display Driver Ics in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Texas Instruments
Macroblock
Maxim Integrated
Advanced Analogic Technologies
Linear Technology
NXP Semiconductors
Infineon Technologies
ON Semiconductor
Toshiba
STMicroelectronics
Austria Microsystems
Intersil
iWatt
Power Integrators
ROHM
Semtech
Silicon Touch Technology
Supertex
By the product type, the market is primarily split into
8 channel
16 channel
32 channel
Others
By the end users/application, this report covers the following segments
Mobile Computing Devices
TVs
Automotive infotainment systems
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