According to the latest market research report by Technavio, the global timing controllers market is anticipated to grow at a CAGR of close to 1% during the calculated period 2017 to 2021.
This industry analysis by Technavio provides an exhaustive study of the global timing controllers market in terms of revenue and developing market trends. The report also includes the newest analysis and forecasts for different market segments and all geographical regions.
Technavio industry research analysts categorize the market based on the application
The top three revenue contributing application segments are discussed below:
Timing controllers market in TV segment: The advances in the display screen resolution and technology in the TV segment is driving the demand for timing controllers in the global market. The increasing consumer preference for 4K and FHD display resolution is boosting the sales of HD TVs in the global market. The vendors are focusing on the development of 3D display and HD resolution to attract more consumers and increase their revenues.
“The large-screen displays segment in the global market generated the highest revenues for Tcons. The demand for these controls is high in this sector as it requires high processing capability, which is needed for a higher number of pixels on a large display screen. The vendors are offering different Tcon for varied resolution TV sets. Furthermore, the use of these devices in interactive kiosks, interactive displays, and AR and VR gear display segments will revolutionize the market,” says Chetan Mohan, a lead analyst at Technavio for research on computing devices.
Timing controllers market in monitor segment: The increasing use of desktop PCs by the enterprise sector will boost the demand for Tcons in this market section. The vendors in the market are investing in the development of innovative monitors that will help them expand their businesses and increase their profitability. The shift to portable PCs and tablets by various organizations will have an adverse effect on the growth of this market segment during the forecast period.
Timing controllers market in smartphones segment: The small size display units of smartphones results in low cost of the Tcons that are used in this market segment. The affordability of the Tcons will help in the high adoption of Tcons in the smartphone sector. The increasing penetration of smartphones in the emerging countries will augment the sales of these devices in the global market.
The leading vendors functioning in the global timing controllers market are:
- Himax Technologies
- Parade Technologies
The other key players in the market include Analogix Semiconductor, Intel, Intersil, MegaChips, MpicoSys Solutions, ROHM Semiconductor, and THine Electronics.
A more thorough breakdown is available in the Technavio report titled, ‘Global Timing Controllers Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Emerging Display Technology Market 2017-2021
- Global Remote Input Output Modules Market 2017-2021
- Global Access Control Solutions Market 2016-2020
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