Global Touchscreen Market 2015-2019
About Touch Screens
A touch screen is a two-dimensional sensing device in the form of a transparent sheet, which is integrated on devices and provides a sensing and feedback system. It is a display screen that is sensitive to the touch of a finger or stylus. A touch screen consists of various layers that track and convert movements on the screen into electrical charge in the form of a signal. This signal is sent to the processor to perform the required action on the device. A touch screen requires three basic components to provide a touch interface: touch sensor, controller IC, and software driver. Of the three components, touch sensor holds high significance because it forms the interface between the display and user activities. Also, most of the R&D goes around touch sensors for enhancing the touch sensitivity. From smart phones to laptops to GPS systems, touchscreen devices are everywhere. Consumers now expect an intuitive touch experience from every new device that hits the market. Since the introduction of Apple’s iPhone in 2007, the touchscreen market has exploded.
TechNavio's analysts forecast the Global Touch Screen market to grow at a CAGR of 5.50 percent over the period 2014-2019.
Covered in this Report
In this report, a detailed study of the Global Touch Screen market is presented across all the technologies. The report considers the revenue generated from the sales of touch screens to different end-users.The report does not consider the following to calculate the market size:
Technavio Announces the Publication of its Research Report – Global Touchscreen Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Touchscreen Market: Nissha Printing Co. Ltd., TPK Holding Co. Ltd., Wintek Corp. and Young Fast Optoelectronics Co. Ltd.
Other Prominent Vendors in the market are: AU Optronics, Chunghwa Picture Tubes (CPT), ELK, HannsTouch Solution, Innolux, Iljin Display, MELFAS and Truly Semiconductors.
Commenting on the report, an analyst from Technavio’s team said: “Emergence of Multi-touch Screens is one of the major trends being witnessed in this market. Multi-touch screens enable intuitive gestures that accept commands three times faster than traditional touchscreens. It can be seen as a replacement for keypads. Samsung, Google, Dell, HP, and Apple use multi-touch screens as their USPs to market their products.”
According to the report, the growth of the Smartphone and Tablet markets is one of the major drivers in the Global Touchscreen market. The constantly declining ASP of smartphones and tablets has made them more affordable for consumers and their penetration into the market is expected to increase during the forecast period.
Further, the report states that high production costs pose a major challenge for market growth. Intense market competition has compelled touchscreen manufacturers to incur large capital expenditures. Vendors are investing heavily in marketing and R&D activities, affecting their profitability.
Nissha Printing, TPK, Wintek, Young Fast, AU Optronics, CPT, ELK, HannsTouch Solution, Ilijin Display, Innolux, MELFAS, Truly Semiconductors
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