Touch Screen Controllers Market 2020 Global Leaders: Texas Instruments, STMicroelectronics, ELAN Microelectronic, Integrated Device Technology, Samsung Electronics, Broadcom, Analog Devices

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

Market Overview

The global touch screen controllers market 2020 can touch a valuation of USD 10 billion by the end of the year 2022, projects Market Research Future (MRFR). MRFR anticipates that the market can progress at an attractive growth rate of 16% during the forecast period (2016-2022).

Top Growth Boosters and Primary Challenges
Over the years, the global touch screen controller market has become highly competitive, with a couple of leading touch screen manufacturers across the globe. The market is in demand across a host of end-use industries such as automotive, healthcare and consumer electronics, among others. With the mounting product demand across these industries, the application of the touch screen is poised to surge during the evaluation period, especially in the automotive industry. This is expected to lead the touch screen controller market to greater heights in the near future.

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Manufacturers of tablets, mobile phones, laptops, phablets and other electronic devices are using highly advanced touch screen facilities to come up with top-quality products. Apart from this, the short replacement cycle of a consumer electronic device boosts the manufacturing process, which can propel the demand for touch screen controllers in the following years and also lead to significant market expansion.

Mounting demand for smart consumer electronic products with touch screen facilities is also gaining immense momentum in the touch screen controller market. Also, with the rapid surge in the internet of things (IoT) market all over the world, the players in the Touch Screen Controllers Market will be presented with a host of lucrative opportunities in the coming years. Increasing demand for touch screen among several automotive manufacturers to offer GPS facility as well as enhanced entertainment facilities can also work in favor of the global market from 2016 to 2022, note trade experts at MRFR.

Segmental Analysis

The market for touch screen controllers has been segmented with respect to technology, interface, application, and end-users.

The type-based market segments identified in the report include resistive as well as capacitive controller.

The interface-wise segments covered in the report are USB, I2C, SPI, and URT.

Various applications of touch screen controllers are GPS devices, media players, smartphones, control displays, and more.

The different end-users inundating the global market are automotive, healthcare, industrial, consumer electronics, and banking, among others. Between these, the automotive segment managed to take the lead in the market.

Detailed Regional Analysis

Asia Pacific (APAC), North America, the Middle East and Africa (MEA) and Europe are the leading markets for touch screen controllers across the globe.

With the largest share, APAC has clinched the top position in the touch screen controllers market. The most profitable markets in the region are Japan, India, and China, on account of the rapid advancements in industrial automation, growing investments in the manufacturing sector and the rising integration of advance systems with touchscreens. The upward trajectory of the demand for consumer electronics makes a huge difference in the touch screen controller market in the region. Also, the rising popularity of smartwatches in China and the subsequent increase in its demand is set to give a considerable boost to the market growth in the ensuing years.
North America can show steady progress in the years ahead, with the United States (U.S) being one of the leading manufacturers of touch screen controllers. North America is an expansive market for tablets, ultrabooks and notebooks. With the continuous launch of tablets, the regional market for laptops has undergone a major transformation. With the rising emphasis on integrating touch screens on desktops and laptops, the computing dynamics are subjected to massive change for renowned developers such as HP, Apple, Lenovo, Dell, to name a few. The accelerated demand for ultrabooks in the laptop market in order to cater to the tablet phenomenon has prompted well-known companies like Acer, Dell, Samsung, to release their own line of touch screen laptops. The emergence of new technologies such as these can help the touch screen controller market size expand aggressively in the next couple of years in North America.

In Europe, the rising use of touchscreen in automobiles, surge in consumer electronics applications like tablets, smartphones, wearable devices, laptops, and others is inducing significant market growth. The surge in innovation along with the mounting demand for advanced touchscreens also helps the market note massive development within the region.

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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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This release was published on openPR.