Overview of the global timing controllers market

Market research analysts at Technavio predict that the global timing controllers market will grow steadily during the next four years and post an impressive revenue of more than USD 7 billion by 2021. This market research analysis identifies the increasing unit shipment of smartphones as one of the primary growth factors for this market. It has been observed that the during 2016, there was a significant demand for timing controllers for smartphones. In the coming years, the demand for smartphones will increase considerably especially from the countries such as China, India, Brazil, and South Africa. 2016 witnessed a shipment of more than a million smartphones and according to our analysts, there will be a substantial increase in smartphone shipments in the coming years. With smartphone manufacturers increasing production to meet the growing demand, this increase in the demand for smartphones will subsequently fuel the growth of the timing controllers market.

The coming years will witness an increase in the demand for slimmer and lighter devices which will induce manufacturers to develop thinner and flatter displays. The availability of slim TFT-LCDs for making thin LCD glass substrates will rise the demand for TFT LCD displays since they are eco-friendly and cost-efficient. Few display manufacturers such as Samsung are also adoption new technologies such as quantum dots which will not only enable the production of thinner LCD displays but also increase their resolution and performance. Such advancements result in the need for customized timing controllers or Tcons, in turn, boosting market growth.

Competitive landscape and key vendors

The market is characterized by the presence of several players and appears to be highly fragmented.  Due to the increased application of timing controllers, the market is witnessing high competition and is dominated by major players such as Himax Technologies, Parade Technologies, Samsung, and Xilinx. Owing to low manufacturing costs when compared to other regions and the availability of low cost labor and raw materials in countries such as Taiwan and China, APAC has the highest concentration of timing controller manufactures.

The leading vendors in the market are -

• Himax Technologies
• Parade Technologies
• Samsung
• Xilinx

The other prominent vendors in the market are Analogix Semiconductor, Intel, Intersil, MegaChips, MpicoSys Solutions, ROHM Semiconductor, and THine Electronics.

Segmentation by application and analysis of the timing controllers market

• Smartphones
• Tablets
• Portable PC
• Monitors
• Automotive infotainment
• Smartwatches
• Interactive displays
• Interactive kiosks
• TVs
• AR and VR gear

During 2016, the TV display segment accounted for the major shares and dominated this market. Factors such as the advances in the display screen resolution and technology, the increased preference among the consumers for 4K and FHD display resolution, and technological advances in 3D display and HD resolution will contribute to the growth of this industry segment in the coming years. Moreover, the expected decline in the average selling price (ASP) of TV displays which will increase the demand for the same will also fuel the growth of the market in this segment.

Geographical segmentation and analysis of the timing controllers market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographical regions, APAC will be the major revenue contributor to the market throughout the forecast period. One of the major factors for the region’s market dominance is the availability of low cost labor, raw materials, and supply logistics which induces major display manufacturing original equipment manufacturers (OEM) like Samsung, Apple, and LG to start manufacturing units in countries such as China and India.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global timing controllers market?
• What are the key market trends impacting the growth of the global timing controllers market?
• What are the challenges to market growth?
• Who are the key vendors in the global timing controllers market?
• What are the market opportunities and threats faced by the vendors in the global timing controllers market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global timing controllers market?

Technavio also offers customization on reports based on specific client requirement.

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