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Display Controller Market in LCD Controller Segment is Anticipated to Grow Exponentially by 2024

Author : Ronak Bora | Published Date : 2019-04-16 

The Display Controller Market report add detailed competitive landscape of the global market. It includes company, market share analysis, product portfolio of the major industry participants. The report provides detailed segmentation of the industry based on product segment, technology, end user segment and region.

Based on the type, the display controller market is segmented into touchscreen controllers, LCD controllers, multi-display controllers, smart display controllers, and digital display controllers. LCD controllers are anticipated to lead the display controller industry mainly due to the penetration of LCD technology in the automotive, home appliances, consumer electronics, and office automation sectors. Touchscreen and smart display controllers make use of capacitive controllers and touch panels that are highly responsive and operate in real-time while minimizing the power consumption. These can also be assimilated into wearable technologies, which is a fast-emerging trend.

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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.

Based on the type, the display controller market is segmented into touchscreen controllers, LCD controllers, multi-display controllers, smart display controllers, and digital display controllers. LCD controllers are anticipated to lead the display controller industry mainly due to the penetration of LCD technology in the automotive, home appliances, consumer electronics, and office automation sectors. Touchscreen and smart display controllers make use of capacitive controllers and touch panels that are highly responsive and operate in real-time while minimizing the power consumption. These can also be assimilated into wearable technologies, which is a fast-emerging trend.

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The Asia Pacific 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 industry.

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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About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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