Display Controller Market - By Type (LCD Display Controller, Touchscreen Display Controller, Multi-display Controller, Smart Display Controller, Digital Display Controller), By End-Use & Forecast 2024 - 2032

Display Controller Market Size

Display Controller Market was valued at USD 41.38 billion in 2023 and is anticipated to register a CAGR of over 10% between 2024 and 2032. Increasing demand from consumer electronics is driving the growth of the market.
 

The consumer electronics market includes a broad variety of goods, including wearable technology, laptops, tablets, smartphones, and smart TVs. Technological developments, rising disposable incomes, digitization, and the expanding trend of linked devices are some of the drivers driving the market for these gadgets. These consumer gadgets must have interactive interfaces, better graphics, and high-resolution displays. To control and maximize display performance, sophisticated display controllers are required.
 

For instance, in the first quarter of 2024, Samsung sold 60.1 million smartphones and Apple sold 50.1 million smartphones, this illustrates the substantial volume of devices that need advanced display controllers to ensure optimal performance and satisfaction for consumers. The robust and continuous demand for smartphones, a significant category of consumer electronics, is demonstrated by these sales numbers.
 

The growing popularity of virtual reality (VR) and augmented reality (AR) is changing various industries and creating a significant market for advanced controllers and display technologies. Users can be fully submerged in virtual worlds with VR and AR technology, or they can superimpose digital content on the actual world. Various industries, including gaming, entertainment, healthcare, education, retail, and industrial training, use this technology. For instance, as of 2023, Meta has sold over 10 million Oculus Quest VR headsets, making it the leading brand in the industry. This shows how widely VR technology is being accepted and used. The company continues to invest in virtual reality technology, indicating continued expansion and innovation in the field, which in turn fuels demand for advanced display controllers.
 

The rapid development of display technologies like OLED, LCD, and MicroLED has significantly impacted the global display controller industry. Integrating these technologies into a single controller system requires complex engineering solutions, leading to challenges in design and execution. Incompatibilities between display types, resolutions, refresh rates, and color gamut necessitate rigorous testing and validation processes. Modifying controllers to accommodate new display innovations increases complexity, hindering market growth, increasing manufacturing costs, and extending time-to-market for new solutions.
 

Display Controller Market Trends

The use of OLED and AMOLED displays has affected the display controllers industry in many ways. OLED and AMOLED screens are different from other traditional types by their distinct driving mechanisms. There is a need for specific display controllers that can enable the brightness, contrast as well as power usage regulation on per pixel basis. As a result of this, there is an increasing demand for advanced display controllers specially designed to accommodate OLED and AMOLED technologies due to their becoming increasingly popular in recent times. A major factor influencing the market is the increasing adoption of OLED and AMOLED displays, especially in high-end smartphones. For instance, in May 2024, Samsung Display and LG Display received approval from Apple to begin mass production of OLED screens for the upcoming iPhone 16 models. These two companies are estimated to produce approximately 130 million OLED panels for iPhone 16.
 

Technological advancements in display technology, including higher resolutions, OLED and MicroLED displays, flexible and foldable designs, HDR support, and integration of AI and machine learning, are driving the growth of the display controller market. These innovations demand sophisticated display controllers capable of managing increased pixel density, optimizing performance for new display technologies, supporting advanced features like AI processing and gesture recognition, and ensuring seamless connectivity.
 

For instance, in April 2024, Samsung Electronics announced the global launch of its 2024 Odyssey OLED gaming monitor, Smart Monitor, and ViewFinity monitor lineups. These new and updated models bring enhanced features and AI capabilities to deliver improved experiences for users. The Odyssey OLED series includes the Odyssey OLED G8 and G6, which offer next-level OLED performance with new burn-in prevention technology and AI-powered features. The Smart Monitor lineup, including the Smart Monitor M8, provides enhanced entertainment features powered by AI, while the ViewFinity lineup boosts connectivity for efficient workplaces.
 

Display Controller Market Analysis

Based on type, the market is segmented into LCD display controller, touchscreen display controller, multi-display controller, smart display controller, digital display controller. In 2023, the LCD display controller segment accounted for the largest market share with over 35% of the market share.
 

• The dominance of the LCD display controller segment in the display controller industry is attributed to a history of widespread adoption across various applications such as televisions, monitors, smartphones, and digital signage. Their established presence and reliability contribute to a steady and consistent demand for LCD display controllers. Additionally, the diverse range of applications for LCD displays, spanning industries from consumer electronics to healthcare and automotive, ensures a broad and continuous market demand.
   
• Furthermore, advancements in LCD technology have led to cost-effective manufacturing processes and economies of scale, making LCD displays and their corresponding controllers accessible to a wider consumer base. The established manufacturing infrastructure for LCD displays, particularly in regions like Taiwan, China, and South Korea, enables efficient production and supply chain management. Companies from emerging markets are investing in LCD Displays to meet the growing demand. For instance, in February 2024, Vedanta and Innolux propose to start LCD display mass production in India with an estimated cost of USD 3-4 billion. Innolux, a Taiwan-based TFT LCD maker, will provide technology know-how to Vedanta for setting up a display screen manufacturing unit in India.
   

Based on end-use, the display controller market is divided into aerospace & defence, automotive, consumer electronic, gaming & entertainment, healthcare, industrial control, others. In 2023, the consumer electronics segment dominated the market with over 20% market share. The market value of consumer electronics is expected to reach over USD 20 billion by 2032 due to this significant growth rate.
 

• The proliferation of consumer electronics, including smartphones, tablets, laptops, and smart TVs, fuels the demand for advanced display controllers to support features such as high resolution, HDR, and touchscreen capabilities. Additionally, the penetration of smart devices and IoT technologies has fueled the demand for display controllers that can support touchscreens, gesture recognition, and other interactive features. For instance, according to an article published in forbs states that, by the y the end of 2024, more than 207 billion devices are expected to be connected to the global network of tools, toys, devices, and appliances that comprise the IoT. Consumer electronics, such as smartwatches, smart speakers, and home automation systems, rely heavily on display controllers to enable user interfaces and visual feedback.
   

In 2023, Asia pacific holds the largest market share with a market share over 30% and it is predicted that it will hold its dominant position throughout the forecasted period. The dominant position is attributed to several factors. Asia pacific serves as a global manufacturing hub for electronics, hosting numerous semiconductor foundries, display panel manufacturers, and original equipment manufacturers. The region's robust manufacturing ecosystem allows for cost-effective production and efficient supply chain management, making it a preferred destination for display controller production.
 

Additionally, Asia Pacific is a global electronics manufacturing hub, with multiple semiconductor foundries, display panel producers, and original equipment manufacturers. The region's solid manufacturing environment enables cost-effective production and efficient supply chain management, making it a top choice for display controller manufacturing. Asia Pacific has a thriving consumer electronics market, fueled by the presence of tech-savvy customers, robust retail channels, and the spread of digital devices. China, Japan, South Korea, and India are among the world's greatest consumers of smartphones, televisions, laptop computers, and other electronic devices, driving up demand for display controllers.
 

Japan is a leading global player in the display controller market, known for its technological innovation, high-quality manufacturing standards, and strong consumer electronics industry. With a history of advancements in display technologies, Japanese companies develop cutting-edge controllers for smartphones, TVs, automotive displays, and industrial systems. Their focus on precision engineering, research, and collaboration between industry and academia ensures a steady stream of innovative solutions. Japan's reputation for reliability and stringent quality standards further solidifies its position as a leading contributor to the market.
 

South Korea, home to industry giants Samsung Electronics and LG Display, is a global leader in the market. Its focus on research and development, particularly in OLED, MicroLED, and flexible displays, has led to advancements in display technologies. The country's vibrant consumer electronics market, advanced manufacturing capabilities, and strategic investments in emerging technologies further solidify its position as a dominant force in the display controller industry. South Korea's commitment to excellence and superior display solutions ensures its continued leadership in the global marketplace.
 

The display controller market in North America, particularly the USA, is characterized by technological innovation, robust demand across sectors, and a competitive ecosystem. The USA is a key player due to its consumer electronics industry, leading technology companies, and significant research and development investments. The country's advanced manufacturing capabilities and tech-savvy consumers fuel demand for advanced display technologies and controllers. The automotive sector, particularly in infotainment systems and digital cockpit displays, also contributes to market growth. Strategic partnerships between US-based semiconductor companies, display panel manufacturers, and OEMs further strengthen the nation's position in the global market.
 

Display Controller Market Share

Samsung Electronics and LG Display Co., Ltd. are two of the most prominent players in the global display controller industry, collectively holding over 20% market share. Samsung Electronics is a global leader in consumer electronics, known for its diverse product portfolio, vertical integration, and innovative display technologies. The company offers smartphones, tablets, TVs, and monitors, each utilizing advanced display technologies. Samsung's vertical integration allows it to control key components of the display supply chain, optimizing product performance, quality, and cost competitiveness.
 

The company's advancements in OLED and QLED display technologies, such as flexible displays, high-resolution panels, and HDR imaging, have set industry standards and fueled demand for advanced display controllers. Samsung's strong brand recognition and market leadership also extend to its display controller offerings, fostering trust and preference among customers and partners.
 

LG Display Co., Ltd. is a leading manufacturer of display panels, including OLED, LCD, and flexible displays, providing components to various consumer electronics manufacturers. This expertise in display technology is a foundation for its display controller solutions. LG Display also places a strong emphasis on innovation and research and development, investing in next-generation displays like rollable OLEDs and transparent displays, driving demand for advanced display controllers.
 

Display Controller Market Companies

Major players operating in the display controller industry are:

• Samsung Electronics
• LG Display Co., Ltd.
• Texas Instruments
• Analog Devices
• STMicroelectronics
• Qualcomm Technologies, Inc.
• NXP Semiconductors
   

Display Controller Industry News

• In June 2024, Matthias "bitluni" Balwierz, a German maker, has created a dedicated controller for a persistence-of-vision (POV) display using the Tiny Tapeout 2 production run. Balwierz's POV display controller is capable of driving an eight-LED display with a resolution of 240×8 pixels.
   
• In September 2023, Helios Technologies has launched the PowerView P70, a next-generation premium rugged display-controller as part of its new Pro Series. This product represents a significant advancement in rugged display-controller technology, offering a combination of advanced features, premium display quality, and rugged durability.
   

The display controller market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2021 to 2032, for the following segments:

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Market, By Type

• LCD display controller
• Touchscreen display controller
• Multi-display controller
• Smart display controller
• Digital display controller
• Others

Market, By End-Use

• Aerospace & Defence
• Automotive
• Consumer electronic
• Gaming & entertainment
• Healthcare
• Industrial control
• Others

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • ANZ
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• MEA
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA