The global LVDS Chips market size is expected to reach close to US$ 362.9 million by 2029 with an annualized growth rate of 5.6% through the projected period.
Emergence of advanced LVDS chips such as M-LVDS with promising low jitter performance and better transition periods to offer new opportunities in the global LVDS chips market
Low Voltage Differential Signalling (LVDS) interface technology is witnessing rampant adoption in the display industry, allowing market expansion in the LVDS industry. Need for high precision and speed for data transmission across lesser data lines is resulting in heavy reliance on LVDS transmission. Advances in the liquid crystal display (LCD) technology which find their way in television screens, monitors, and other smart devices use LVDS chip technology.
Further, advances in laser display technology comprising larger display dimensions, HD graphics, faster frame rates are expected to ravel new growth opportunities in the global LVDS chip market during the forecast period.
In present times, LVDS is steadily replacing the LVPECL (Low Voltage PECL) as frequency control devices as it helps in minimizing power consumption as opposed to the earlier used LVPECL. Other factors such as low noise production reduced EMI (electromagnetic interface) emissions also serve as appropriate advantages, thus fostering growth in the global LVDS chip market.
Forward-looking players in the global LVDS chip market are furthering investments towards developing advanced LVDS chips to address current limitations of low jitter performance as opposed to peers such as PECL (Positive Emitter Coupled Logic) and LVPECL.
As new generation LVDS are underway with promising jitter performance, this is expected to serve as an apt opportunity for the global LVDS market in the projected timeline. Also, advantages such as the need for a single use bioreactors at the receiver are likely to improve growth opportunities for the LVDS chips market.
LVDS chips enable swift signal transmission via differential sequencing across bidirectional data lines. Differential protocols of data transmission via LVDS also help in reducing connections for display-interface connectivity. These factors fuel ample growth in the global LVDS market, and the growth trend is likely to continue in the coming years.
Applications of LVDS chips in the laptop LCD industry are taking great strides. LVDS, also known as FlatLink and FPD-Link, is used in a way that no additional panel configuration is needed. However, the graphic film controller needs to be configured appropriately to ensure the highest resolution. For laptop displays, data transmission takes place through the LVDS electrical spec using SPWG data encoding scheme.
The primary aim of introducing LVDS chips is to offer ultra-high-speed communication and data transmission for point-to-point applications. Over the years, advanced versions have hit the market, such as M-LVDS to enable multipoint applicability via differential signaling. The receivers spot data on the basis of the voltage difference between electric signals, thus reducing emissions and noise.
The major players of the global LVDS chips market are Infineon Technologies, Texas Instruments, ST Microelectronics, MAXIM, Microchip Technology Inc., Analog Devices, NEC, ON Semiconductor, NXP Semiconductors, and ROHM Semiconductor.
The LVDS chips market is a rapidly progressing industry and is characterized to have industrial frontliners as well as aspiring new players aiming to penetrate into the aggressive competitive landscape across global and local markets. Additionally, various new and aspiring players are improving their product lines and upgrading technological capabilities to improve revenue streams amidst Covid-19 impact.
LVDS Chips Market Scope
Metrics | Details |
Base Year | 2023 |
Historic Data | 2018-2022 |
Forecast Period | 2024-2029 |
Study Period | 2018-2029 |
Forecast Unit | Value (USD) |
Revenue forecast in 2029 | US$ 362.9 million |
Growth Rate | CAGR of 5.6 % during 2019-2029 |
Segment Covered | Product Type, End- User, Regions |
Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
Key Players Profiled | Samsung, Parade Technologies, Novatek Microelectronics Corp., MegaChips, Himax Technologies, Analogix, Silicon Works, Raydium, Focal Tech, THine Electronics |
Key Segments of the Global LVDS Chips Market
Type Overview, (USD Billion)
- Four Channels
- Five Channels
- Ten Channels
Application Overview,(USD Billion)
- Computer monitor
- Television
- Camera
- Automotive
Regional Overview, (USD Billion)
North America
- U.S
- Canada
Europe
- Germany
- France
- UK
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- Rest of Asia Pacific
South America
- Mexico
- Brazil
- Rest of South America
Middle East and South Africa
Frequently Asked Questions (FAQ) :
LVDS Chips for Computer Monitors to Sustain the Highest Revenues, Followed by Automotive
Owing to the immense potential of the LVDS chips backed by features such as low noise production, faster transmission, and the like, LVDS chips are being preferred for display screens of various electronic and smart devices. Besides television, LVDS chips are used in computer monitors.
Growing need for sleek computer monitors and revamping traditional PCs are expected to expedite the adoption of LVDS chips in the nearing times. As demand for laptop PCs and advanced liquid crystal panels for monitors surges, the computer monitor application segment of the LVDS chips market is likely to steer revenue growth through the projected timeline. Following this, the automotive segment is also gaining momentum as automotive display offerings are becoming better with new electronic mirrors, larger displays, and head-up displays.
Four Channels LVDS Chips Type Segment to be the Most Lucrative
Four channel LVDS chips type is likely to witness maximum adoption in the forecast timeline as it offers improved user efficiency. Four channel LVDS chips type takes four pairs of data output. Therefore, four channel LVDS chips type segment is expected to harness revenue maximization as opposed to other segments such as five channels and ten channels LVDS chips.
APAC to Sweep the Largest Revenue Streams Followed by North America
Asia Pacific region is a lucrative regional market for the global LVDS chips market as countries such as China is one of the largest producers of LVDS chips. Several frontline companies are established in China and therefore the region is one of the leading regional markets for global LVDS chips market.
Further, end-use applications such as the electronics industry is one of the fastest growing end-use industries which in turn is favoring rampant expansion of the global LVDS chips market across regions such as North America and Asia Pacific. Consumer preferences for high end electronic devices to improve market expansion in the global LVDS chips market in these regions.
Covid-19 Impact & Market Status
The report offers an exhaustive overview of the business dynamics and new investment strategies that are being adopted by business leaders across countries and regions to overcome the acute challenges and financial instabilities that have emerged in the post pandemic times.
The report highlights some of the best industry strategies and practices that are adopted by the players across local and global markets. Ever since the Covid-19 broke out in 2019, it has spread aggressively, resulting in rapid declaration by the WHO affirming Covid-19 as a global pandemic and an emergency.
The impact of the pandemic is widespread and the aftermath is well pronounced, gravely affecting the global LVDS (low-voltage differential signalling) chip market. The sudden pandemic and its implications have posed significant challenges such as travel bans, quarantines, and lockdowns.
These developments are hampering operations resulting in supply chain breaches, stock market inefficiencies, and vendor chaos. These are constantly interfering with the normal functioning of industries.
Ever since the outbreak of the global crisis, impact on upstream, downstream, and midstream industries have been appalling. The report delivers a quick ready-to-deploy approach to counter such crisis and steer the global LVDS chip market towards steady growth and systematic progression.
Amidst the pandemic, aligning with new dynamics, global LVDS chip market has been witnessing new dynamics which are further necessitating new business models and approaches to recoup growth and revenue streams.
In this report, inquisitive business players would be provided with sufficient guidelines regarding business transformation, integral to sustain stiffening competition in the pandemic and beyond pandemic era global LVDS chip market.
Latest Innovations in the Global LVDS Chip Market: a Snapshot
- Recently, Techna-X Bhd subsidiary, HK Aerospace Beidou New Emergy Industry Technology (HKAB) entered the EV industry and will now focus on developing highly advanced low voltage powertrain ideal for low voltage EV passenger cars. The company is investing to develop LVDS elements which are ideal for small automobile, industry equipment, boats and the like.
- In September 2021, Amsterdam-based Logic-X has unveiled its pioneering 4-in-4 FPGA Mezzanine Card for analog to digital conversion at low voltage differential signalling (LVDS) interfaces. With this, the SDR (software defined radio), high speed data acquisition, and edge processing would be benefitted from the development.
- In November 2021, Sony has launched improved features for its FCB video camera EV9500 series. The series will now be available in three varying types such as EV9500H, EV9500M, and EV9500L. The EV9500L and EV9500M variants will have LVDS chips interfaces.