Lewes, DE -- (SBWire) -- 04/21/2015 --Report forecast the Global Touch Screen market to grow at a CAGR of 5.50 percent over the period 2014-2019.
A touch screen is a two-dimensional sensing device in the form of a transparent sheet, which is integrated on devices and provides a sensing and feedback system. It is a display screen that is sensitive to the touch of a finger or stylus. A touch screen consists of various layers that track and convert movements on the screen into electrical charge in the form of a signal. This signal is sent to the processor to perform the required action on the device. A touch screen requires three basic components to provide a touch interface: touch sensor, controller IC, and software driver. Of the three components, touch sensor holds high significance because it forms the interface between the display and user activities. Also, most of the R&D goes around touch sensors for enhancing the touch sensitivity. From smart phones to laptops to GPS systems, touchscreen devices are everywhere. Consumers now expect an intuitive touch experience from every new device that hits the market. Since the introduction of Apple's iPhone in 2007, the touchscreen market has exploded.
In this report, a detailed study of the Global Touch Screen market is presented across all the technologies. The report considers the revenue generated from the sales of touch screens to different end-users.
The report does not consider the following to calculate the market size:
- Components used for the production of touch screens
- Service and maintenance of touch screens
- Aftermarket sales of touch screens
According to the report, the growth of the Smartphone and Tablet markets is one of the major drivers in the Global Touchscreen market. The constantly declining ASP of smartphones and tablets has made them more affordable for consumers and their penetration into the market is expected to increase during the forecast period.
Further, the report states that high production costs pose a major challenge for market growth. Intense market competition has compelled touchscreen manufacturers to incur large capital expenditures. Vendors are investing heavily in marketing and R&D activities, affecting their profitability.
Global Touch Screen Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key players in the Global Touchscreen Market: Nissha Printing Co. Ltd., TPK Holding Co. Ltd., Wintek Corp. and Young Fast Optoelectronics Co. Ltd.
Other Prominent Vendors in the market are: AU Optronics, Chunghwa Picture Tubes (CPT), ELK, HannsTouch Solution, Innolux, Iljin Display, MELFAS and Truly Semiconductors.
Key Regions
- Americas
- APAC
- EMEA
Market Driver
- Growth of Smartphone and Tablet Market
- For a full, detailed list, view our report
Market Challenge
- High Production Cost
- For a full, detailed list, view our report
Market Trend
- Emergence of Multi-touch Screens
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 109 pages, "Global Touchscreen Market 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Industry Overview, Future Outlook, Market Size Calculations and Estimations, Market Landscape, Segmentation of Market by Technology, Segmentation of Market by Application, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.
For further information on this report, please visit- http://www.marketresearchreports.com/technavio/global-touchscreen-market-2015-2019
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