openPR Logo
Press release

Touch Panel Market Estimated to Expand at a Robust CAGR over 2020-2027 | 3M, Advantech Co. Ltd.,ChimeiInnolux Corporation,Fujitsu Limited,Hitachi Ltd.

06-03-2020 12:12 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

touch panel market

touch panel market

The touch panel market was valued at US$59.06 Billion in 2019 and is projected to reach US$137.1 Billion by 2027; it is expected to grow at a CAGR of 12.0% from 2020 to 2027.

APAC touch panel market is anticipated to account highest CAGR during the forecast period

APAC region held the largest share of global touch panel market owing to the widespread penetration of smartphones and e-learning in various countries of the region. APAC is one of the prominent regions known for manufacturing consumer electronics. China, South Korea, Japan, and Taiwan are the major countries contributing to the growth of the consumer electronics industry,owing to the major factors such as high disposable income among individuals and their willingness to purchase advanced electronic gadgets.

Get Sample Copy of this Report at – https://bit.ly/2MmGZ9C

Top Key Players:-

1. 3M
2. Advantech Co. Ltd.
3. Fujitsu Limited
4. LG Displays
5. Renesas Electronics Corporation
6. SAMSUNG
7. Xenarc Technologies Corporation
8. Planar
9. Hitachi Ltd
10. Innolux Corporation

North America is the second largest market region in touch panel market. The penetration of smartphones in the US is resulting in the rising disposable income of individuals and changing lifestyle. Along with booming sales of smartphones, the adoption of wearables, laptops, tablets, touch screen LCD monitors, and kiosks is also increasing. Giving a market of smartphone a rise, growing availability of 4G connectivity throughout the US is playing major role.

This factor will contribute in making the touch panel market to grow. Faytech North America and Unytouch, are some of the companies involved in touch screen technology business. More than 60% of population in the US has access to smartphones which contributes in stimulating the smartphone mobile market.Large number of smartphone users will propel the production of touch panels for smartphones.

Touch Panel Market Segmentation:

By Technology

• Resistive
• Capacitive
• Infrared

By product Type

• Consumer
• Commercial and Industrial

By Application

• Consumer
• Medical
• Retail
• Industrial

Key findings of the study:

The mounting adoption of e-learning techniques across schools, universities, and corporate organizations for organizing effective class-roomand training programs is one of the substantial factors for the growth of the touch panel market. Similarly, the increasing requirements for interactive learning techniques, including mobile educational applications, as well as gamification, are boosting the smart education and e-learningduring the forecast period.

The multi-touch technology has many advantages over traditional touchscreen technology, such as it is three-times faster than traditional touchscreen; it enhances the functionality and remote access with the help of tablets and smartphones; and it provides enhanced visualization to the user. The touch panel manufacturers strongly focus on the development of multi-touch panel devices. Therefore, development of multi-touch screens will accelerate the growth of touch panel market.

Purchase This Report at – https://bit.ly/3ds4om4

Contact Us:

The Insight Partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: https://www.theinsightpartners.com/

About Us:

The Insight Partners is a one-stop industry research provider of actionable intelligence. We help clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Electronics and Semiconductor s, Pharmaceuticals, Chemicals and Materials, Automotive and Transportation, Aerospace and Defense, Electronics and Semiconductors, Technology, Media, and telecommunication, Manufacturing and Construction.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Touch Panel Market Estimated to Expand at a Robust CAGR over 2020-2027 | 3M, Advantech Co. Ltd.,ChimeiInnolux Corporation,Fujitsu Limited,Hitachi Ltd. here

News-ID: 2066009 • Views:

More Releases from The Insight Partners

Global Sugar-free Cookies Market Poised for Significant Growth, Propelled by Low-Carb
Global Sugar-free Cookies Market Poised for Significant Growth, Propelled by Low …
New York, US - September 26, 2025- The global market for sugar-free cookies is poised for significant growth, according to a new report from The Insight Partners, titled "Sugar-free Cookies Market - Global Analysis and Forecast." The report projects that the market is being driven by the rising demand for healthier snack options, the increasing number of consumers adopting low-carb, and the broader availability of these products through various retail
Mushroom Cultivation Market Research Covers, Future Trends and Opportunities, Past, Present Data, and Deep Analysis Forecast to 2031
Mushroom Cultivation Market Research Covers, Future Trends and Opportunities, Pa …
According to The Insight Partners Mushroom Cultivation Market report 2031, discusses various factors driving or restraining the market, which will help the future market to grow with promising CAGR. The Mushroom Cultivation Market Research Reports offers an extensive collection of reports on different markets covering crucial details. The report studies the competitive environment of the Mushroom Cultivation Market is based on company profiles and their efforts on increasing product value
Cristobalite Market Forecast (2025-2031): Growing at 4.0% CAGR on Global Demand
Cristobalite Market Forecast (2025-2031): Growing at 4.0% CAGR on Global Demand
According to The Insight Partners - Cristobalite market is evolving dynamically, fueled by rising demand across high-performance industries. Once niche, this polymorph of silica is now gaining traction as a vital filler, functional additive, and structural component - its benefits in thermal stability, optical clarity, and chemical inertness making it indispensable in advanced sectors. From engineered stone and decorative surfaces to refractories, specialty glass, paints, and ceramics, the versatility of cristobalite
Respiratory Medical Device Professional Market: Demand, Size, Shares, Growth, Trend, Segmentation, Top Key Players, and Forecast to 2031
Respiratory Medical Device Professional Market: Demand, Size, Shares, Growth, Tr …
Respiratory Medical Device Professional Market study by "The Insight Partners" provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years. Furthermore, the Respiratory Medical Device Professional Market full research study is designed on account of the fact that each segment is individually assessed and then collated to form the

All 5 Releases


More Releases for APAC

Bronchopulmonary Dysplasia APAC Market Poised for Phenomenal Expansion Across AP …
DelveInsight's "Bronchopulmonary Dysplasia- Patient Pool Analysis, Market Size and Market Forecast APAC, 2034" report comprises of detailed understanding of the Bronchopulmonary Dysplasia, historical and forecasted patient burden, treatment addressable patient population, as well as key differences in market trends in the APAC region (India, China, South Korea, Taiwan, and Australia) when compared with established markets. The APAC Bronchopulmonary Dysplasia market report provides current treatment pattern analysis, potential upcoming players, market share
Allergic Rhinitis APAC Market Poised for Phenomenal Expansion Across APAC Region …
"DelveInsight's "Allergic Rhinitis- Patient Pool Analysis, Market Size and Market Forecast APAC, 2034" report comprises of detailed understanding of the Allergic Rhinitis, historical and forecasted patient burden, treatment addressable patient population, as well as key differences in market trends in the APAC region (India, China, South Korea, Taiwan, and Australia) when compared with established markets. The APAC Allergic Rhinitis market report provides current treatment pattern analysis, potential upcoming players, market share
Epilepsy APAC Market Poised for Phenomenal Expansion Across APAC Region in the C …
DelveInsight's "Epilepsy- Patient Pool Analysis, Market Size and Market Forecast APAC, 2034" report comprises of detailed understanding of the Epilepsy, historical and forecasted patient burden, treatment addressable patient population, as well as key differences in market trends in the APAC region (India, China, South Korea, Taiwan, and Australia) when compared with established markets. The APAC Epilepsy market report provides current treatment pattern analysis, potential upcoming players, market share of approved and
Insomnia APAC Market Poised for Phenomenal Expansion Across APAC Region in the C …
DelveInsight's "Insomnia- Patient Pool Analysis, Market Size and Market Forecast APAC, 2034" report comprises of detailed understanding of the Insomnia, historical and forecasted patient burden, treatment addressable patient population, as well as key differences in market trends in the APAC region (India, China, South Korea, Taiwan, and Australia) when compared with established markets. The APAC Insomnia market report provides current treatment pattern analysis, potential upcoming players, market share of approved and
Vascular Dementia APAC Market Poised for Phenomenal Expansion Across APAC Region …
DelveInsight's "Vascular Dementia- Patient Pool Analysis, Market Size and Market Forecast APAC, 2034" report comprises of detailed understanding of the Vascular Dementia, historical and forecasted patient burden, treatment addressable patient population, as well as key differences in market trends in the APAC region (India, China, South Korea, Taiwan, and Australia) when compared with established markets. The APAC Vascular Dementia market report provides current treatment pattern analysis, potential upcoming players, market share
Frontotemporal Dementia APAC Market Poised for Phenomenal Expansion Across APAC …
"DelveInsight's "Frontotemporal Dementia- Patient Pool Analysis, Market Size and Market Forecast APAC, 2034" report comprises of detailed understanding of the Frontotemporal Dementia, historical and forecasted patient burden, treatment addressable patient population, as well as key differences in market trends in the APAC region (India, China, South Korea, Taiwan, and Australia) when compared with established markets. The APAC Frontotemporal Dementia market report provides current treatment pattern analysis, potential upcoming players, market share