Asia-Pacific Touch Panel Market is expected to reach $13.48 Billion, by 2020

Asia-Pacific Touch Panel Market report, published by Allied Market Research, forecasts that the Asia-Pacific market is expected to garner $13.48 billion by 2020, registering a CAGR of 12.8% during the forecast period 2014-2020.

View Detail Summary of this Report: https://www.alliedmarketresearch.com/Asia-Pacific-Touch-Panel-market

With the highest technology adoption rate, China region holds around 57.65% share of the touch panel market by revenue in 2013. The major applications of touch panels include smartphone, tablet Pcs, notebook PCs, all in one PCs, LCD touch monitor. Amongst all the application areas of touch panels, smartphone segment holds more than 70% market share followed by tablet PCs. In the coming years applications such as Smart watch, smart TV, and industrial display would exhibit incremental growth, with CAGR of 41.9%.

The major technologies used in touch panels include resistive, capacitive (surface, projected), and infrared. Amongst these technologies, capacitive technology should remain the most preferred technology over the analysis period, due to its applications in smartphones, tablet PCs. The emerging structure such as one glass solution (OGS) in projected capacitive is boosting the growth of capacitive technology in touch panel market. The infrared technology is expected to grow at a higher pace due to its applications in large public displays.

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The application industries studied in the report include smartphones, tablets and tablet PCs, notebooks, all-in-one PCs, monitors & TV displays. The smartphones market holds the maximum revenue share presently, followed by the tablet and tablet PCs.

Geographically, the Asia-Pacific market has been segmented into China, Taiwan, Korea and Japan. The leading companies in this market include AU Optronincs, Fujitsu, J-Touch Corporation, Digitech Systems, Chunghwa Picture Tubes Ltd, Tovis, Wintek, TPK holdings Inc., 3M Touch Systems, and Cambrios Technologies Corporation.

The market for touch panels is not limited to one-size-fit all solution. Different applications such as smartphones, tablet PCs, monitors and others have made the market complex in terms of determining the demand for particular size of touch panels. The manufacturing companies in Asia-Pacific are adopting various strategies to sustain high degree of market complexity and to plan their growth in the future.

Key Findings of Asia-Pacific Touch Panel Market:

• Asia-Pacific touch panel market would show significant growth due to increasing demand for smartphones and tablet PCs
• Application segment including smart watch, smart TV, and industrial control panels would grow at fastest rate during 2014-2020 with a CAGR of 41.9%
• The declining cost of smartphones and tablets, and rising adoption of simpler UI devices would act as major drivers for the market
• New infrared technology is expected to commercialize in consumer electronics sector and to grow five-fold by 2020

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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