Press Release

India Touch Screen Controllers Market is expected to grow at a CAGR of 13.08%

Rising Demand for Smartphones and Tablets and Growing Use of Touch Screens in Automotive Applications are factors driving the Global Touch Screen Display Market in the forecast period 2025-2029.

According to TechSci Research report,India Touch Screen Display Market - Global Industry Size, Share, Trends, Opportunity, and Forecast 2019-2029”, the Global Touch Screen Controllers Market is expected to register robust growth during the forecast period. Significant adoption of signage and interactive displays by various industry verticals, including, healthcare, education, sports and entertainment for the purpose of branding, advertisement and broadcasting has influenced the Indian Display market positively. The successful adoption of digitalization such as such as automation, artificial intelligence (AI), the Internet of Things (IoT) across various industries in India, promote substantial adoption of Organic Ligth Emitting Diodes (OLED) and Light Emitting Diode (LED) displays adn replacement of Liquid Crystal Display (LCD) and Cathode Ray Tube Displays in various applications for TVs, video wall, and digital signage applications, thereby accentuate the demand for India Displays market. The next-generation display solutions are offering depth perception to the viewers, and in addition, the promising deployment of breakthrough sensor technology and collaboration displays such as Electroluminescent Displays across corporate offices, educational institutions, government organizations, along with residential arenas are deliberately turning vision into reality, resulting in the growth of the India Displays Market. In order to create bespoke projective capacity, leading brands such as Samsung, Huawei Technologies Co., Ltd., Vizio Inc. and more are constantly striving for various displays innovation in finished products, including smartphones, TVs, and various electronic solutions, which eventually promote the growth of the Indian Display market.

 

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on the "India Touch ScreenControllers Market.”


Based on End-User, The Consumer Electronics segment emerged as the dominating segment in 2023. Consumer electronics is one of the market's most essential and significant segments. The fast-paced demand for new and innovative products has seen touch screens being embraced by multiple products. Mobiles, tablets, wearables, laptops, and PCs are among the few consumer electronic products that have adopted touch capabilities on a broader scale. Recently, products such as refrigerators, washing machines, copiers, etc., all have been equipped with touch-enabled interfaces to offer a better consumer experience and create a differentiated demand.

Considering the increasing acceptance of touchscreen technology, most vendors include this technology in consumer electronic devices, such as cameras, portable music players, exercise equipment, doorbell video monitors, etc., which positively impacts the demand for touchscreen controllers. For instance, in July 2022, Xiaomi, a leading consumer electronics company, launched Smart Home Screen 6 with a 5.45-inch touchscreen display with a 960 x 480 px resolution.

The competition in the wearables segment is expected to grow as it has become more affordable. Furthermore, the increased functionality, such as calling, SMS tracking, etc., being incorporated into these devices is also driving their sales. With the touchscreen feature increasingly taking place in the wearables industry, its growth is expected to positively impact the touchscreen controller market.

Furthermore, smartphone adoption increased significantly in recent years. According to Ericsson, in 2021, smartphone subscriptions reached 6,340 million globally. Foldable mobile phones are expected to increase competition in the market for controllers that support these systems. 5G devices are expected to sustain further mobile device growth and boost the market segment's demand.

 

Based on Region, North India is projected to dominate the market throughout the forecast period.   The North India is analysed to be $ 2.99 Billion in 2021, and is successfully contributing towards the growth of Displays Market in India, and is also estimated to grow at a CAGR of 11.54% during 2022 to 2027. The prominent support from the Government of India, eminent scientific research and sizable investment in various sectors, including, healthcare, agriculture, and space research, have incurred a noteworthy opportunity for the India Displays Industry. In addition, Uttar Pradesh has emerged as a primary hub for IT & ITeS industries, such as software, electronics, business process outsourcing (BPO)and others. The impact of the Modi government's PLI (Production-Linked-Incentive)scheme promoted the contribution of manufacturing sectors, and received a great response from many global industries earlier, such as Samsung from South Korea, Pegatron, Wistron, Foxconn and Hon Hai from Taiwan, and others. In July 2021, the Digital India campaign with the initiative of Yogi Adityanath government has gained immense momentum as there are massive investment in the information technology (IT) sector in the Uttar Pradesh state. The renowned companies such as Vivo, Oppo, Samsung, Formi and Lava are all set to invest for their state-of-art manufacturing their units in the state.

Key market players in the India Touch Screen Controllers Market are: -

  • Samsung
  • LG
  • Sharp
  • Innolux
  • BOE Technology
  • Sony
  • AU Optronics
  • Videocon
  • Dixon Technologies
  • Minda Industries
  • NEC


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“The touch screen display market in India is experiencing robust growth, driven by various key factors. Firstly, the increasing smartphone penetration in the country fuels demand for touch screen displays, as consumers seek intuitive and interactive interfaces. The expansion of digitalization initiatives and the adoption of smart devices contribute to this trend, creating a burgeoning market for touch screen technologies. The automotive sector in India is also a significant driver, with a growing emphasis on advanced infotainment systems featuring touch screens. Additionally, the rise of e-commerce and the modernization of retail outlets lead to a higher demand for touch screens in point-of-sale terminals and interactive displays, enhancing customer experiences. Government initiatives, such as the "Digital India" campaign, stimulate the integration of touch screen displays in various sectors, including education and healthcare. Interactive displays in classrooms and digital healthcare solutions contribute to the rising demand for touch screen technology. The gaming industry's popularity, coupled with an increasing number of internet users, further boosts the market, as gaming consoles and interactive entertainment systems become prevalent. As the cost of touch screen technology decreases and manufacturing capabilities expand, the Indian touch screen display market is poised for continued growth, driven by a confluence of technological advancements, consumer preferences, and diverse industry applications.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

India Touch Screen Display Market Segmented by Type (Capacitive, Resistive), By Application (Residential, Commercial, Industrial), End-user (Industrial, Healthcare, Consumer Electronics, Retail, Automotive, BFSI), By Region, and By Competition, 2019-2029Fprovides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Touch Screen Controllers Market.

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India Touch Screen Display Market Segmented by Type (Capacitive, Resistive), By Application (Residential, Commercial, Industrial), End-user (Industrial, Healthcare, Consumer Electronics, Retail, Automotive, BFSI), By Region, and By Competition 2019-2029F

ICT | Feb, 2021

Rising Demand for Smartphones and Tablets and Growing Use of Touch Screens in Automotive Applications are factors driving the Global Touch Screen Display Market in the forecast period 2025-2029

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