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Feb, 01 2021

Global Touch Sensor Market is Expected to Grow at 8.7% in the Forecast Period of 2021 to 2028

Global Touch Sensor Market is forecast to grow at 8.7% with factor such as increasing growth of healthcare industry.

Touch sensor market has shown an exceptional penetration in countries such as U.S., Germany and China. High usage of displays is boosting the growth in developed countries. In developing countries, increasing number of smartphone users is aiding market to achieve high growth rate.

Touch Sensor Market Scenario

According to Data Bridge Market Research, the market for touch sensor in Asia-Pacific region has the highest market share followed by North America and Europe. Market leader is SAMSUNG which accounts an estimated market share of approximately 30% to 35% in the Asia-Pacific region. The company has gained outstanding sales through their touch sensor products.

  • In February 2017, SAMSUNG introduced their new VR gear integrated with a touch sensing controller at the Mobile World Congress which was held in Barcelona. It consists of various motion sensors and gears to interact with the gear. This new headset has all the previous support and also allows the existing users to buy the controller separately. It has helped the company to showcase its innovation on a global scale which has generated exponential revenues for them.

Touch Sensor Market

Trends Impacting the Market

Now the question is which other regions SAMSUNG, Cypress Semiconductor Corporation and Japan Display Inc. are targeting? Data Bridge Market Research has estimated a large growth in Asia-Pacific touch sensor market and the market leaders targeting China, Japan and South Korea to be their next revenue pockets for 2021.

The touch sensor market is becoming more competitive every year with companies such SAMSUNG, Cypress Semiconductor Corporation and Japan Display Inc. as they are the market leaders for touch sensor market. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the touch sensor market.

For more analysis on the touch sensor market request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-touch-sensor-market

Touch Sensor Market Development

  • In April 2020, Infineon Technologies AG announced acquisition of Cypress Semiconductor Corporation for USD 10.8 million. This acquisition will allow broadening their application range to be a leader in the upcoming industrial and IoT market. This has helped the company to leverage the technologies of the parent group Infineon and improve their product offerings.

Scope of the Touch Sensor Market

Global touch sensor market is segmented on the basis of countries into the U.S., Canada and Mexico, the Germany, France, Russia, U.K., Italy, Spain, Netherlands, Belgium, Switzerland, Denmark, Sweden, Finland, Turkey, Norway and Rest of Europe, Japan, China, India, Taiwan, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, UAE, Saudi Arabia, Israel, Egypt and Rest of Middle East and Africa.

  • All country based analysis of touch sensor market is further analyzed based on further segmentation. On the basis of type, the touch sensor market has been segmented into resistive, capacitive, surface acoustic wave (SAW), infrared and optical. On the basis of flexibility, the touch sensor market has been segmented into conventional, flexible and others. On the basis of channel, the touch sensor market has been segmented into multi channel and single channel. On the basis of application, the touch sensor market has been segmented into consumer electronics, home appliances, medical devices, automated teller machines (ATM), biometric systems, automotive and others.

Access Full Report @ https://www.databridgemarketresearch.com/reports/global-touch-sensor-market

Key Pointers Covered in Touch Sensor Market Industry Trends and Forecast to 2028

  • Market Size
  • Market Standards and Changes
  • Market Trials in Different Regions
  • Market Requirements in Different Regions
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Recent Market Value for Different regions
  • Sales Data for Market Competitors
  • Market Key Vendors and Disruptors Study

Key Market Competitors Covered in the Report

  • Cypress Semiconductor Corporation (a subsidiary of Infineon Technologies AG)
  • 3M
  • CAPTRON
  • Semiconductor Components Industries, LLC
  • Nissha Co. Ltd
  • Texas Instruments Incorporated
  • Renesas Electronics Corporation
  • Microchip Technology Inc.
  • Schurter
  • ROHM CO., LTD
  • Semtech Corporation
  • Japan Display Inc.
  • Silicon Laboratories
  • SAMSUNG
  • Azoteq (PTY) Ltd
  • Neonode
  • Zytronic PLC
  • Braemac Ltd
  • dmc CO., LTD
  • TSItouch
  • Elo Touch Solutions Inc.

Above are the key players covered in the report, to know about more and exhaustive list of touch sensor companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-touch-sensor-market

Research Methodology: Global Touch Sensor Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Manufacturers, Service Providers, Touch Sensor Consultants
  • Supply Side: Service Providers, Solution Providers, Marketing Managers, C-Level Executives, Market Intelligence, and Regulatory Affairs Managers among others.

Related Reports

Browse in ICT Category Related Reports@ https://www.databridgemarketresearch.com/report-category/information-and-communication-technology


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