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Liquid-Crystal Display (LCD) Television Core Chip Market Value Analysis: What Growth Lies Ahead Over The Forecast Period?
The market for liquid-crystal display (lcd) television core chips has experienced significant expansion recently. This market is projected to grow from $4.81 billion in 2025 to $5.33 billion by 2026, demonstrating a compound annual growth rate (CAGR) of 11.0%. Historically, this expansion has been driven by several factors, including the rising worldwide adoption of lcd televisions, the shift away from crt and plasma displays, growing consumer desire for flat panel televisions, advancements in semiconductor fabrication processes, and the reduction in the cost of display components.
The liquid-crystal display (lcd) television core chip market is projected to experience swift expansion in the upcoming years. This market is predicted to reach $8.16 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 11.2%. This projected growth is driven by factors such as the expanding presence of smart and connected televisions, the escalating need for 4k and 8k displays, the incorporation of AI-powered image enhancement, the development of streaming and digital content services, and improvements in energy-efficient and high-performing chip designs. Key trends anticipated during this period encompass the greater incorporation of sophisticated image processing functionalities, the increasing acceptance of high-resolution and large-screen televisions, a heightened requirement for multifunction and system-on-chip solutions, the broadening of smart TV ecosystems and connectivity options, and an elevated emphasis on compact, power-efficient core chips.
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Liquid-Crystal Display (LCD) Television Core Chip Market Growth Catalysts And Demand Drivers
The rising demand for smart televisions (TVs) is expected to fuel the expansion of the liquid-crystal display television core chip market. Smart TVs are defined as televisions that incorporate internet connectivity and integrated interactive functionalities. The increasing adoption of smart TVs is driven by the proliferation of streaming platforms, continuous technological advancements, and evolving consumer preferences for convenience and entertainment. Liquid-crystal display television core chips are essential for enabling these capabilities by processing display signals, managing network connections, and supporting smart features like built-in applications and media playback. For instance, in December 2024, a report on television usage trends in the United Kingdom revealed that smart TV ownership rose from 73.6% in Q2 2023 to 76.5% in Q2 2024. This report also showed that over 75% of viewers were using built-in apps on smart TVs, highlighting consumers’ increasing reliance on smart television capabilities. Therefore, the growing demand for smart televisions drives the growth of the liquid-crystal display (LCD) television core chip market.
Liquid-Crystal Display (LCD) Television Core Chip Market Segment Breakdown: Which Categories Lead On Revenue?
The liquid-crystal display (lcd) television core chip market covered in this report is segmented –
1) By Product Type: Liquid Crystal Display Driver Integrated Circuit, Liquid Crystal Display Controller Integrated Circuit, Power Management IC, Other Product Types
2) By Core Chip Type: 8-Bit Core, 16-Bit Core, 32-Bit Core, 64-Bit Core
3) By Application: Televisions, Monitors, Other Applications
Subsegments:
1) By Liquid Crystal Display Driver Integrated Circuit (LCD Driver IC): Tft-Icd Driver Ic Or Oled Driver Ic Or Led Driver Ic Or Full-Array Driver Ic
2) By Liquid Crystal Display Controller Integrated Circuit (LCD Controller IC): Timing Controller (T-Con) IC Or Signal Processing IC Or Image Processing IC
3) By Power Management IC (PMIC): Voltage Regulators Or Power Supply ICs Or Backlight Driver ICs Or Battery Management ICs
4) By Other Product Types: Display Interface ICs Or Audio ICs Or Touchscreen Controller ICs Or Image Sensor ICs
Liquid-Crystal Display (LCD) Television Core Chip Market Trends Shaping Long-Term Demand
Leading companies in the liquid-crystal display (LCD) television core chip market are concentrating on developing innovative technologies, particularly smart TV system-on-chip (SoC) technologies, to enhance performance and integrate advanced features. Smart TV System-on-Chip (SoC) technologies are defined as integrated circuits specifically designed for smart televisions, consolidating essential functions into a single, compact package to enable advanced features and capabilities. For instance, in February 2023, Koninklijke Philips N.V., a Netherlands-based technology company, unveiled its newest Ambilight TV range, powered by the 7th Gen P5 AI processor, which delivers enhanced picture quality and smarter Ambient Intelligence. The flagship OLED+908 model incorporates the new META OLED panel, offering up to 2100 nits brightness, a 3.1-channel 80W Bowers & Wilkins sound system, and a three-sided Next Gen Ambilight. The OLED808 also introduces a 42” model featuring improved gaming and sound capabilities. Furthermore, Philips launched The Xtra MiniLED series, aimed at providing premium performance at accessible prices, and updated The One range with the new 8808 and 8508 series. All these models are equipped with Google TV OS and a refined European design for a more immersive experience.
Liquid-Crystal Display (LCD) Television Core Chip Market Leading Players And Competitive Positioning
Major companies operating in the liquid-crystal display (lcd) television core chip market are Samsung Electronics Co. Ltd., Skyworth Group, Sony Corporation, Taiwan Semiconductor Manufacturing Company, Innolux Corporation, LG Corporation, Panasonic Corporation, Qualcomm Incorporated, Xiaomi Corporation, Broadcom Inc., Toshiba Corporation, Advanced Micro Devices, Sharp Corporation, Koninklijke Philips N.V., MediaTek Inc., Skyworth Group, Innolux Corporation, Hisense Group, Marvell Technology Group Ltd., Realtek Semiconductor Corporation, Novatek Microelectronics Corporation, TCL Corporation, Vizio Holding Corp., Himax Technologies Inc, CooCaa TV, Amlogic Inc.
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Liquid-Crystal Display (LCD) Television Core Chip Market Regional Breakdown: Where Is Demand Concentrated?
North America was the largest region in the liquid-crystal display (LCD) television core chip market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the liquid-crystal display (lcd) television core chip market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
