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.
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 LED Backlight Display Driver Ics Market report analyses the impact of COVID-19 on this industry. COVID-19 can affect the global market in 3 ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on enterprises and financial markets.
The report offers detailed coverage of LED Backlight Display Driver Ics industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading LED Backlight Display Driver Ics by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global LED Backlight Display Driver Ics market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
First, this report covers the present status and the future prospects of the global LED Backlight Display Driver Ics market for 2015-2027.
Key Companies
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
LED Backlight Display Driver Ics Market by Type
8 channel
16 channel
32 channel
At the same time, we classify LED Backlight Display Driver Ics according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
The report conveys the entirety of current realities about market definition, orders, applications, and commitment for the LED Backlight Display Driver Ics market that are basic to be victorious inside the market. The principle motivation behind this report is to give a development map with respect to the activities taken by central participants of the LED Backlight Display Driver Ics market like item dispatches, joint endeavors, propensities, consolidations, and acquisitions which is influencing the LED Backlight Display Driver Ics market undertaking in general and furthermore influencing the business, import, fare, income and CAGR values.
Regional Analysis
North America, Latin America, Asia-Pacific countries, Europe, India, China, and over twenty countries have been analyzed based on the different marketing elements such as manufacturing capacity, consumer base, productivity, and profit margin, and ease of business. It is observed that North America, in particular, will show impressive development during the estimated time frame in marketing development. Administration organizations and outsider managers are channelizing their efforts to make client-driven items that will add to the development of an efficient marketing scenario in these regions. As the significant parts of the market business would be all around the globe, Middle East, Africa, North America along with other Asia-Pacific nations shows a great prospect of developing a good market favorable environment.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the LED Backlight Display Driver Ics market for the forecast period 2021 - 2027?
• What are the driving forces in the LED Backlight Display Driver Ics market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the LED Backlight Display Driver Ics industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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