Touch Screen Display Market Analysis by Top Companies (3M, Samsung Electronics, Fujitsu Global, Atmel Corporation, LG Display, Cypress Semiconductor Corporation, Panasonic, Synaptics Incorporated)

Touch Screen Display Market size has witnessed a considerable growth owing to the growing use of electronic devices such as smartphones, laptops, and tablets coupled with technological advancements. The introduction of ultra-slim displays is a major factor propelling the growth of innovative technologies, such as wearable technologies and rollable displays, which are in demand and are positively impacting the touch screen display market growth.

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With the advancements in multi-touch screen displays, the touch screen display market is witnessing a growing demand from the retail industry. The multi-touch technology is an added advantage to these devices. The application of multi-touch technology in these displays is expected to improve customer experience by allowing the end user to operate the product with multiple touch points on the screen. In addition, the penetration of devices in the retail sector is expected to contribute to the rising demand as retailers are using these displays to offer end users a personalized experience.

The growing customization trend help customers with variety of options to choose from to meet their exact requirement. Moreover, introduction of infrared touch screens coupled with gesture sensing features is helping the touch screen display market share to grow substantially. Several companies are implementing capacitive, infrared, and resistive displays in touch screens. Capacitive displays offer enhanced clarity and respond to finger contact.

These displays are providing a durable surface and high screen resistance to contamination, which are expected to contribute toward the touch screen display market growth. Factors such as high production costs and overheating may hinder the touch screen display market growth. In high-end smart devices, the inability of heat dissipation overheats the displays that may pose a threat to the industry.

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The industry is segmented based on applications and screen types. The touch screen display market is segmented into BFSI, healthcare, consumer electronics, telecommunication, educational automotive, and government sectors based on the applications. The solutions are majorly being deployed in Automated Teller Machines (ATMs), sports arenas, retail outlets, gas pumps, trade shows and exhibitions, medical equipment, parking terminals, and car wash centers. In the healthcare industry, touch displays are being integrated into medical devices as they offer high viewing precision and are lightweight with minimum tooling required, helping in providing enhanced care for the patients under examination.

North America touch screen display market is anticipated to show a steady growth owing to the presence of hi-tech companies and growing usage of smart products. The region is witnessing a high penetration of touch screen display market due to the increase in infiltration of tablets, mobile phones, and various gaming applications. In the U.S., a growing inclination toward robust touch screens has led to a high-end demand from applications in the industry verticals such as government and education.

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The key players operating in the touch screen display market include 3M Company, Samsung, Fujitsu Ltd., Atmel Corporation, Freescale Gigabyte, Wintek Corporation, LG Display, Cypress Semiconductor Corporation, Panasonic Corporation, Synaptics Incorporated, and American Industrial Systems.

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