Global LCD TV Core Chip Market Trends, Applications, Analysis, Growth, and Forecast to 2027

MarketResearch.biz delivers in-depth insights on the global LCD tv core chip market in its upcoming report titled, “Global LCD TV Core Chip Market Trends, Applications, Analysis, Growth, and Forecast to 2027”. The global LCD tv core chip market is estimated to register a CAGR of XX.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the global LCD tv core chip market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the global LCD tv core chip market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global LCD tv core chip market report has been segmented on the basis of application, core chip types, and region.

The liquid-crystal display (LCD) tv core chip is the integration of LCD TV and processor core chip that provides computational experience through television. Combination of LCD TV and core chip helps to improve computing functionality in television sets. Incorporation of core chips into LCD TVs provides better experience to the consumers since it combines information from the internet and the content from TV providers into a single entity referred to as smart television. Furthermore, the need for discretely installing set-top box is eliminated due to LCD TV core chip installation. Users can access online stores, websites, and also download the desirable content with the use of smart TV’s.

Growing internet penetration, ease of access for downloading, and easy access for content over the web are key factors driving growth of the global LCD TV core chip market. In addition, technological advancements in LCD TV core chip coupled with heavy investments on R&D activities by major players in the regional markets are other factors contributing towards growth of the global LCD TV core chip market.

However, development and use of alternative technologies such as LED Smart TV’s is a key restraint for growth of the global LCD TV core chip market. In addition, development of OLED (Organic LED) display panels, and high dependence on technology providers for setting up business in LCD TV market are major factors restraining growth of the global LCD TV core chip market.

Currently, the market in Asia Pacific holds the largest share of the global LCD TV core chip market in terms of value, owing to strong presence of LCD TV’s and LCD TV core chip manufacturers in this region. Emerging economies in the Asia Pacific region such as China, Japan, Korea, and Taiwan have the most number of manufacturers for LCD TV core chip production. The markets in Europe and North America have a significant growth of the global LCD tv core chip market in terms of revenue. The market in North America has experienced an upsurge in LCD Smart TV’s in the recent years, while the market in Europe has gained momentum with the government stressing on the usage of eco-friendly, and energy efficient products.

Global LCD TV Core Chip Market Segmentation:

Global LCD tv core chip market segmentation by application:

• Residential application
• Commercial application
• Educational application

Global LCD tv core chip market segmentation by core chip type:

• 8-bit core chip
• 16-bit core chip
• 32-bit core chip
• 64-bit core chip

Global LCD tv core chip market segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa