Touch Panel Market: Investment in Asia-Pacific from Top Companies: 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 companies in Touch Panel Market are primarily focusing on production of touch panels covering all the required sizes for the various applications to gain share in application market. TPK touch Solutions, Wintek Inc, AUO Inc., CPT Inc., HanssTouch Inc., and 3M touch systems are the key companies involved in the manufacturing of touch panels.

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.

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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%.

Rising demand for interactive display applications, which includes smartphones, tablet PCs, LCD touch monitors, industrial control panels and others, is propelling the market growth for touch panels.

Touch panel market is in its growing stage and new technologies such as projected capacitive one glass solution and multi-touch resistive solution are providing a strong thrust to the market growth. With the detailed analysis of key factors such as declining cost of smartphones and tablet devices, rising adoption of simpler UI systems and government initiative toward e-education, the market is expected to reach twice its current size by 2020.

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Changing consumer preferences with screen size as a major buying criterion for touch-enabled devices has led to the uncertainty of future demand for specific size of touch panels. Also, the market faces major threat of high-tech market volatility, which is diluting the interest of investors in particular technology.

Porter's five forces analysis unveils the fact that in touch panel market, the buyers enjoy higher bargaining power than the suppliers. The analysis also discloses that the market for touch panel exhibits high entry barriers and large portion of market share is concentrated into the hands of fewer companies. In the opportunity analysis, the application segment consisting of smartwatch, smart TV and industrial control panels is depicting highest growth amongst all the applications. Also applications of LCD touch monitors in Kiosk and public display areas possess strong potential to grow five-fold by 2020. This would create a huge demand for large-size touch panels, and companies are actively investing in their R&D to come up with cost-effective large-sized touch panels.

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ASIA-PACIFIC TOUCH PANEL MARKET KEY BENEFITS:

o The study provides an In-depth analysis of the current market based on various segments along with a market forecast from 20142020

o The report includes profiles of key players who are primarily responsible for driving the growth of the market

o A comprehensive analysis of the market in regard to segments based on technology, application and country would allow companies to a gain competitive advantage

o Porters Five Forces model analysis of the industry illustrates the potency of the buyers and suppliers participating in the market

o This report also provides information regarding the key drivers, restraints and opportunities with impact analysis throughout the analysis period

ASIA-PACIFIC TOUCH PANEL MARKET KEY SEGMENTS:

BY TECHNOLOGIES

o Resistive Touch
o Capacitive Touch
o Infrared Touch

BY APPLICATIONS

o Smart Phones
o Tablets and tablet PCs
o Notebooks
o All-in-one PCs
o LCD Touch Monitors
o Other

BY COUNTRY

o China
o Taiwan
o Korea
o Japan
o India
o Other

KEY PLAYERS

o AU Optronics corporation
o Fujitsu
o DigiTech systems
o Chunghwa picture tubes Ltd
o Tovis
o Wintek
o TPK
o J Touch corporation
o 3M touch systems
o Cambrios Technologies Corporation
o HannsTouch Solutions Inc.
o Iljin Display Co., Ltd
o ELK Corporation

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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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