Press release
Touch Screen Controllers Market 2018 Global Leaders: Broadcom, ELAN Microelectronic, Texas Instruments, Analog Devices, STMicroelectronics, MELFAS, Synaptics
Market Scenario
Touch screen controller is an important device for touch screen display. A touch screen display can be defined as a pressure sensitive device with sense pressure when touched on the display screen.
A resistive touch screen panel is coated with a metallic electrical resistive and conductive layer that can cause a change in the electrical current which is registered when touched and sent to the controller for processing.
A capacitive touch screen panel is coated with a material which stores electrical charges. When touched, a charge is drawn to the point of contact and circuits located in the panel measure that charge and then send the information to the controller to process it.
The key drivers contributing to the growth of the Touch Screen Controllers Market are the increasing demand for smart electronic devices, the rising demand for touch screen by various automotive manufacturers to provide GPS facility and other entertainment facilities, increasing trends of wearable devices and high demand for capacitive technology. Also, the rapid growth of internet of things across the world and touch screen devices are used in the education sector could create opportunities for the manufacturers of touch screen controllers. The factors hindering the growth of the market are technical complications in collecting data and false triggering of switches especially in smaller touch screen devices.
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Geographically, Asia-Pacific accounted for the largest market share in the global touch screen controller market whereas North-American region is expected to grow at a steady pace over the forecast period 2016-2022.
Global Touch Screen Controllers Market is expected to reach USD 10 billion by the end of 2022 with 16% CAGR during forecast period 2016-2022
Industry News
February, 2018 – Juvenile Diabetes Research Foundation (JDRF) partnered with Cam Med LLC Massachusetts-based Company which deals with microfluidic based drug delivery technologies for development of artificial pancreas systems. The device comes with capacitive touch screen of handheld size which weighs around less than one ounce. This wearable device helps diabetes to monitor the functioning of pancreas and can draw assumptions.
February, 2018 – Lynxspring, Inc., which develops software and hardware for enterprises, launched 7 inch HD touch display for building automation and IoT environments. The display device can be used to control HVAC, lighting and other IoT user experiences. The device is capable of providing clear visuals, enabling operational efficiencies
Key Players
The key players of global touch screen controllers report include NXP Semiconductors N.V. (Netherlands), ELAN Microelectronic Corp (Taiwan), Integrated Device Technology, Inc. (U.S.), Samsung Electronics Co. Ltd. (South Korea) , Texas Instruments Incorporated (U.S.), Analog Devices, Inc (U.S.), STMicroelectronics (Switzerland), Broadcom Corporation (U.S.), MELFAS Co. Ltd (Korea), Synaptics Incorporated (U.S.) and others.
Global Touchscreen Controller Market - Segmentation
The Global Touchscreen Controller Market can be segmented in to 5 key dynamics for the convenience of the report and enhanced understanding;
• Segmentation by technology: Comprises resistive touch and capacitive touch
• Segmentation by interface: Comprises I2C, USB, URT, SPI
• Segmentation by application: Comprises smartphones, industry control displays, media players, portable instruments
• Segmentation by end-users: Comprises healthcare, automotive, banking, consumer electronics and others
• Segmentation by Region: Comprises Geographical regions - North America, Europe, Asia Pacific and Rest of the World.
Global Touchscreen Controller Market - Regional Analysis
The global touchscreen controller market is studied for North America, Europe, Asia pacific and Rest of the World. Asia Pacific holds the largest market share for global touchscreen controller market. The demand for touchscreen based devices in consumer electronics has been driving the market in this region. The presence of major players and low manufacturing costs are fuelling the market growth. North America holds the second place in the global touchscreen controller market. Being technically advanced region, the adoption of capacitive touch screen technology in automobiles and rise in development of smart phones with capacitive and resistive touch screens are driving the market.
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Intended Audience
• Touch Screen Controllers Manufacturers
• Distributors
• Research firms
• Consultancy firms
• Developers
• Vendors
• Semiconductor Manufacturers
• Stakeholders
• End-user sectors
• Technology Investors
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