Global Touch Screen Technology Market: Snapshot
Touch screen technology works as an interface between computing systems and users, providing an effective visual and interactive usage experience to the user. As the technology provides a strong control on the device and provides hassle free interaction, its popularity technology across consumer electronics devices such as televisions, smartphones, and tablet computers is gaining significant momentum.
This report on the global touch screen technology market gives the reader a detailed overview of the present state of the market and its key segments and verifiable forward-looking estimates regarding the growth prospects of the market and its segments over the period between 2016 and 2024. An analytical view of the key factors significantly influencing the overall development of the market, including drivers, restraints, trends, and opportunities, is also included in the report.
Global Touch Screen Technology Market: Trends and Growth Opportunities
The touch screen technology has witnessed growth at an exponential pace in the past few years, chiefly owing to the significant rise in global sales of touch-enabled smartphones and tablet computers. From being a novel and expensive concept, limited mostly to high-end electronic devices during yesteryears to becoming the de-facto technology in a number of applications in several industries, the touch screen technology has become the focus of vast research and development activities. The segments of capacitive touch and resistive touch screen continue to see increased adoption and a significant rise in research and development activities aimed at making these technologies more efficient and cost effective.
The market is chiefly driven by factors such as the increased expenditure of the global consumer on electronic devices, benefits of the touch screen technology such as increasing ergonomics, ease of use, and accessibility, and a continuously rising set of applications. Encouraging developments in the fields of innovative touch panel materials, related software, hardware, and technology are also leading to the increased usage of the touch screen technology across several applications. The increased demand for multi-touch screens in the retail industry is one of the key trends witnessed in the global market in the past few years and is expected to be a key growth driver of the market in the near future.
Global Touch Screen Technology Market: Segmentation
The report segments the global touch screen technology market on the basis of criteria such as screen size, application, type, and geography.
On the basis of screen type the market is segmented into capacitive touch screen, resistive type, infrared type, and surface acoustic wave type. Others types such as combo, digitizers and on-cell, in-cell screen types are also examined in the market. On the basis of screen size, the market is segmented into: 3 inches or less, 3 inches - 6 inches, 6 inches - 10 inches, and 10 inches and more. The key applications of touch screen technology include personal use applications and professional use applications. The segment of personal applications of touch screen technology include their usage across consumer electronics and IT electronics. The segment of professional applications of touch screen technology includes the usage of the technology in sectors such as hospitality, health care, government offices, retail, transport, and education.
Companies Mentioned in the Report
The competitive landscape of the global touch screen technology market is highly dynamic and features the introduction of novel products, materials, and technologies at a rapid pace. Competition is intense and companies are focusing more on the development of screens that are more adaptive to a number of applications, have excellent sensing capability and security features, and consume less power. Some of the key vendors operating in the global touch screen technology market are DISPLAX Interactive Systems, Cypress Semicondutor, 3M, Apple Inc., Intel IRTouch, Microsoft Corporation, Samsung SDI, Wintek Corporation, Synaptics Incorporated, Fujitsu Ltd., Freescale Gigabyte, LG Display, and Atmel AU.