Touch Screen Controllers Market 2018 Global Leaders Analysis: Analog Devices, STMicroelectronics, ELAN Microelectronic, Analog Devices, Broadcom Corporation, MELFAS, Synaptics Incorporated

Market Research Future published a research report on “Global Touch Screen Controllers Market Research Report- Forecast to 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Global Touchscreen Controller Market - Overview

A touch screen controller displays when pressure is applied on the surface of the display. In general, the market for touchscreen technology is classified into resistive touch and capacitive touch. A resistive touch screen is coated with conductive layer in which the applied electrical signals when touched are sent for processing to the controller. In the case of capacitive touch screen the screen is coated with di-electric material which is capable of storing electric charge when touched. Both the technologies use indium tin oxide as sensors for carrying electrical signals.

Capacitive touchscreen technology has gained much attention from smart phone manufacturers due to its operational efficiency, durable design and low power consumption. Touchscreen is being widely adopted across all major industries such as healthcare, automotive and others, rise in adoption among smart devices such as phones, tablets and laptops are majorly driving the market for touchscreen controllers. Increasing investments in research and development by various market leaders, adapting touch based banking in BFSI are fuelling the market growth.

The rapid increase in Internet of Things across several sectors and adoption of touch screens in education sector are creating opportunities for manufacturers to develop in the existing technology. The triggering of switches at false times and complications in collecting data are hindering the market growth.

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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 - Competitive Analysis

The Market of touchscreen controllers appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on internal R&D and, most of all, in acquiring other firms. Prominent vendors of touchscreen controllers are targeting to invest more in technology and research and development activities to innovate their already existing products.

Segments

The touch screen controllers market can be segmented into its technology, interface, application, end-users and regions. On the basis of technology it can be categorized into two types such as namely resistive and capacitive controller. Capacitive controller accounted for the largest market share majorly due to its features such as durability, reliability, and provides better operation through its multiple functionalities than resistive touch controllers.

Also, the automotive, banking and retail segments accounted for the largest market share, majorly due to development of innovative & modernized touch-based devices and the growing informative systems vehicles.

Market Research Future Analysis

The global touch screen controllers market is expected to grow significantly. The market is highly application basis. Automotive and banking segment of touch screen controllers globally drives the market. The market is expected to have higher growth rate as compared to the previous years.

Asia-Pacific accounted to grow with a highest CAGR by the end of forecasted period. This rapid growth is due to high investments to adopt touch screen controllers for the automotive industry and also it is a manufacturing hub for all consumer electronics. The North-American region is expected to capture a largest market share over the forecast period, 2016-2022, majorly being one of the top manufacturing market of touch screen controllers and also because of the ever-changing consumer needs, followed by Europe.

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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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