Driver Chips Market size was valued at US$ 11,740 million in 2024 and is projected to reach US$ 19,840 million by 2032, at a CAGR of 7.7% during the forecast period 2025-2032
Report Studies
• The global Driver Chips Market size was valued at US$ 11,740 million in 2024 and is projected to reach US$ 19,840 million by 2032, at a CAGR of 7.7% during the forecast period 2025-2032. The U.S. market accounted for 32% of global revenue share in 2024, while China is emerging as the fastest-growing region with an anticipated CAGR of 9.3% through 2032.
• Driver chips are semiconductor devices that act as critical intermediaries between control circuits and power transistors. These components amplify control signals to enable efficient power management across various applications. The market comprises several specialized categories including motor driver chips (dominating 38% market share), display driver chips, lighting driver chips, voice coil motor drivers, and audio power amplifier chips.
• Texas Instruments (U.S.)
• STMicroelectronics (Switzerland)
• Infineon Technologies (Germany)
• NXP Semiconductors (Netherlands)
• ON Semiconductor (U.S.)
• ROHM Semiconductor (Japan)
• Allegro MicroSystems (U.S.)
• Toshiba (Japan)
• Panasonic (Japan)
By Type:
• The market is segmented based on type into:
• Motor/Motor Driver Chips
• Subtypes: DC motor drivers, stepper motor drivers, servo motor drivers
• Display Driver Chips
• Subtypes: LCD drivers, OLED drivers, LED drivers
• Lighting Driver Chips
• Subtypes: LED lighting drivers, laser diodes drivers
• The market is segmented based on application into:
• Smartphone, Computer, Tablet
• Wearable Device
• Car
• Industrial Equipment
