Global Touchscreen Controllers market is
expected to grow at a significant CAGR during the forecast period. Over
the past few years, touchscreen technology and the devices that use it have
gained enormous popularity. A touch screen is a type of electronic visual
display that can identify when and where a user has touched the screen. In most
cases, the phrase refers to a hand or finger, or a stylus pen contacting the
device display. A touch screen is typically present to physically interact with
what is displayed on the screen known as "direct manipulation"). Gesture-based
technology that can be directly operated is known as touch screen technology.
This technology is most used in computers, user interactive machines,
smartphones, tablets, and other electronic devices to replace most of the mouse
and keyboard functions.
The
touch sensor and the PC are connected by a small PC card called the controller.
It converts information from the touch sensor into information that the PC can
understand.
Increase in Demand for Consumer Electronics
Wearable health monitors, entertainment
devices, and smart home technology are cohesively becoming increasingly popular
in the consumer electronics sector. Customers are anticipated to prefer
energy-efficient smart home products such as smart lightbulbs, switches, and
thermostats to reduce high electricity bills.
With the aid of fitness equipment and
smartwatches, tracking health has become simpler. In addition to these
advantages, advancements in at-home health monitoring are being made that
enable efficient monitoring of blood pressure, diabetes, and other similar conditions.
Due to ongoing improvements in display quality, the future of entertainment in
the world of constant entertainment is predicted to revolve around cloud
gaming, AR and VR, and OLED TVs. Therefore, with the increase in demand for
consumer electronics, there is an increased need for touch screen controllers.
Rising
Demand for Automation in the Workplace
Digitization
helps companies in a wide range of ways. Modern working life has evolved
dramatically in the last decade. Working habits and communications are more
adaptable and digital, than ever before, which is largely due to the millennial
workforce's expansion. Moreover, the traditional office space, has also evolved
into the digital collaborative working platforms. As a result, increasingly
sophisticated products and systems are required. Therefore, touchscreen
controllers play a critical role in physically and digitally empowering
workplaces.
Rising
Demand for Touch Screen Across Major End User Industries
Consumer electronics such as smartphones,
tablets, laptops, and wearables with capacitive screens are often used by using
touchscreen controllers. Additionally, the market growth is being boosted by
the widespread use of touchscreen panels in infotainment systems in cars, home
appliances, and kiosks for banking and retail. For instance, automated teller
machines (ATMs), equipped with touchscreens, can handle complex banking tasks
like cheque cashing, money order processing, account transfers, and loan
application. Other growth-promoting factors include various technological
developments, such as the incorporation of gesture recognition systems in touch
screens for slide, pinch-to-zoom, swipe, twist, and press-and-hold functions.
Market Segmentation
Global Touchscreen Controllers market
can be segmented into Technology, Interface, Screen Size, end use industry, and
region. Based on Technology, the market can be segmented into Resistive,
Capacitive, Acoustic, and Optical. By Interface,
the market can be segmented into Inter-Integrated Circuit (I2C), Serial
Peripheral Interface (SPI), Universal Serial Bus (USB), Universal Asynchronous
Receiver/Transmitter (UART) and Others. By Screen Size, the market can be
segmented into Small and Medium-sized Screens, and Large Screen, By end use industry
the market can be segmented into BFSI, Consumer Electronics, Automotive,
Retail, Healthcare, Industrial and Others, By Region and By Competition
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Market Players
There are several significant players in the
fiercely competitive market for global touch screen controllers. Currently,
only few major players control the majority of the market in terms of market
share. Major market players in the Global Touchscreen Controllers market are NXP Semiconductors, Texas Instruments
Incorporated, STMicroelectronics, Microchip Technology Inc., Integrated Device
Technology Inc., Synaptics Incorporated, Semtech Corporation, MELFAS Co. Ltd.,
SAMSUNG Electronics Co. Ltd., and Analog Devices Inc. The businesses are
working hard to innovate and gain a competitive edge over rivals, and they are
creating unique products for various uses.
Key Developments
In June 2022, STMicroelectronics launched fingerTip FTG2-SLP touchscreen
controller which enables advanced features to support active-matrix organic
light-emitting diode (AMOLED) displays in smartphones
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Attribute
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Details
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Base Year
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2022
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Historic Data
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2018 –
2021
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Estimated Year
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2023
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Forecast Period
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2024
– 2028
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Quantitative Units
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Revenue in USD Million, and CAGR for 2018-2022 and 2023 – 2028
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Report coverage
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Revenue
forecast, company share, growth factors, and trends
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Segments covered
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Technology
Interface
Screen Size
End Use Industry
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Regional scope
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North
America; Asia-Pacific; Europe; South America; Middle East
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Country scope
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United States; Canada; Mexico; China; Indian; Japan; South
Korea; Australia; Singapore; Malaysia; Germany; United Kingdom; France;
Italy; Spain; Poland; Colombia; Brazil; Argentina; Peru; Chile; Africa, Saudi
Arabia; South Africa; UAE; Iraq; Turkey
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Key companies profiled
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NXP
Semiconductors, Texas Instruments Incorporated, STMicroelectronics, Microchip
Technology Inc., Integrated Device Technology Inc., Synaptics Incorporated,
Semtech Corporation, MELFAS Co. Ltd., SAMSUNG Electronics Co. Ltd., and
Analog Devices Inc.
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Customization scope
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10% free report customization with purchase. Addition or
alteration to country, regional & segment scope.
|
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Pricing and purchase options
|
Avail
customized purchase options to meet your exact research needs. Explore purchase options
|
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Delivery Format
|
PDF
and Excel through Email (We can also provide the editable version of the
report in PPT/Word format on special request)
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Report Scope:
In this report, the Global Touchscreen
Controllers market has
been segmented into following categories, in addition to the industry trends
which have also been detailed below:
·
Global Touchscreen Controllers Market, By Technology:
o Resistive
o Capacitive
o Acoustic
o Optical
- Global Touchscreen Controllers Systems Market, By Interface:
o
Inter-Integrated Circuit (I2C)
o
Serial Peripheral Interface (SPI)
o
Universal Serial Bus (USB)
o
Universal Asynchronous
Receiver/Transmitter (UART)
o
Other
- Global Touchscreen Controllers Systems Market, By Screen Size
o Small and Medium screen
o
Large screen
- Global Touchscreen Controllers Systems Market, By End Use
Industry:
o
BFSI
o
Consumer Electronics
o
Automotive
o
Retail
o
Healthcare
o
Industrial
o
Others
·
Global Touchscreen Controllers Market, By Region:
o North America
§
United
States
§
Mexico
o Asia-Pacific
§
India
§
Japan
§
South
Korea
§
Australia
§
Singapore
§
Malaysia
o Europe
§
Germany
§
United
Kingdom
§
France
§
Italy
§
Spain
§
Poland
§
Denmark
o South America
§
Brazil
§
Argentina
§
Colombia
§
Peru
§
Chile
o Middle East
§
Saudi
Arabia
§
South
Africa
§
UAE
§
Iraq
§
Turkey
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in the Global Touchscreen Controllers market.
Available Customizations:
Global Touchscreen Controllers market report with the given market data,
Tech Sci Research offers customizations according to a company's specific
needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to
15).
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