What Has Been the Growth of the Liquid-Crystal Display (LCD) Television Core Chip Market So Far?
The liquid-crystal display (lcd) television core chip market has seen considerable growth due to a variety of factors.
• The liquid-crystal display (LCD) television core chip market has seen rapid growth in recent years. It will grow from $4.37 billion in 2024 to $4.9 billion in 2025, with a CAGR of 12.1%.
The growth is driven by rising consumer electronics expenditure, higher demand for high-definition displays, the increasing popularity of large-screen TVs, greater consumer electronics sales, and a boost in internet streaming.
What Are the Future Growth Projections for the Liquid-Crystal Display (LCD) Television Core Chip Market?
The liquid-crystal display (lcd) television core chip market is expected to maintain its strong growth trajectory in upcoming years.
• The liquid-crystal display (LCD) television core chip market is expected to grow rapidly, reaching $7.64 billion by 2029, at a CAGR of 11.8%.
Growth will be driven by an increase in internet users, rising demand for LCD TVs, a shift toward larger screen TVs, the growing preference for smart LCD TVs, and demand for 4K and 8K resolution models. Key trends include technological advancements, AI integration, the adoption of HDR technology, IoT integration, and voice control features.
What Are The Core Factors Supporting Growth In The Liquid-Crystal Display (LCD) Television Core Chip Market?
The growing demand for smart televisions is expected to propel the growth of the liquid-crystal display (LCD) television core chip market. The demand for smart TVs is increasing due to the need for better connectivity and integrated streaming services. LCD television core chips ensure proper signal processing, display control, and smart functionality. According to Worldmetrics, smart TV sales in Europe are expected to grow by 5% per year from 2021 to 2026, with 44 million units sold in the U.S. in 2022. Therefore, the rising demand for smart TVs is driving the LCD television core chip market.
What Are The Major Segments Within The Global Liquid-Crystal Display (LCD) Television Core Chip Market?
The liquid-crystal display (LCD) television core chip market covered in this report is segmented –
1) By Product Type: Liquid Crystal Display Driver Integrated Circuit, Liquid Crystal Display Controller Integrated Circuit, Power Management IC, Other Product Types
2) By Core Chip Type: 8-Bit Core, 16-Bit Core, 32-Bit Core, 64-Bit Core
3) By Application: Televisions, Monitors, Other Applications
Subsegments:
1) By Liquid Crystal Display Driver Integrated Circuit (LCD Driver IC): Tft-Icd Driver Ic Or Oled Driver Ic Or Led Driver Ic Or Full-Array Driver Ic
2) By Liquid Crystal Display Controller Integrated Circuit (LCD Controller IC): Timing Controller (T-Con) IC Or Signal Processing IC Or Image Processing IC
3) By Power Management IC (PMIC): Voltage Regulators Or Power Supply ICs Or Backlight Driver ICs Or Battery Management ICs
4) By Other Product Types: Display Interface ICs Or Audio ICs Or Touchscreen Controller ICs Or Image Sensor ICs
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What Trends Are Reshaping The Future Of The Liquid-Crystal Display (LCD) Television Core Chip Market?
In the field of liquid-crystal display (LCD) television core chip, leading businesses are emphasizing on the advancement of new technologies like smart TV System-on-Chip (SoC) technologies to boost performance and integrate progressive features. The smart TV System-on-Chip (SoC) technologies are fully-integrated circuits customized for smart TVs, bringing together all the essential functions in a single, compact system, hence enabling sophisticated features. MediaTek Inc, a semiconductor firm based in Taiwan, for example, launched the Pentonic 1000 Chipset, a premium smart TV system-on-chip (SoC) specifically engineered for 4K 120Hz displays, in November 2022. This modern chipset incorporates strong processing capabilities to facilitate high-resolution 4K displays and ensure 120Hz refresh rates, guaranteeing remarkably smooth and sharp visuals. It also comprises advanced AI-powered technologies for improved image processing, leading to superior color precision and contrast. The Pentonic 1000 supports Dolby vision and HDR10+ extensively, ensuring an enhanced cinematic viewing experience with increased brightness and dynamic range.
Who Are the Key Players In The Liquid-Crystal Display (LCD) Television Core Chip Market?
Major companies operating in the liquid-crystal display (LCD) television core chip market are:
• Samsung Electronics Co. Ltd.
• Skyworth Group
• Sony Corporation
• Taiwan Semiconductor Manufacturing Company
• Innolux Corporation
• LG Corporation
• Panasonic Corporation
• Qualcomm Incorporated
• Xiaomi Corporation
• Broadcom Inc.
• Toshiba Corporation
• Advanced Micro Devices
• Sharp Corporation
• Koninklijke Philips N.V.
• MediaTek Inc.
• Skyworth Group
• Innolux Corporation
• Hisense Group
• Marvell Technology Group Ltd.
• Realtek Semiconductor Corporation
• Novatek Microelectronics Corporation
• TCL Corporation
• Vizio Holding Corp.
• Himax Technologies Inc
• CooCaa TV
• Amlogic Inc.
What Is The Most Dominant Region In The Liquid-Crystal Display (LCD) Television Core Chip Market?
North America was the largest region in the liquid-crystal display (LCD) television core chip market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the liquid-crystal display (LCD) television core chip market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
