Global Touch Sensor Market is expected to grow with the CAGR of 8.7% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.

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Global touch sensor market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in global touch sensor market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance,

• In November 2020, Microchip Technology Inc. announced that they have launched the world’s first capacitive touchscreen controller family, MXT336UD-MAUHA1 which has been pre-certified for safety. This family includes three controllers, MXT112UD-MAUHA1, the MXT228UD-MAUHA1 and the MXT336UD-MAUHA1 designed as per varying requirements. It will help the company to increase their market share and enter into this field which will further generate higher revenues down the road

SAMSUNG is the dominating player in global touch sensor market. The other key players existing in the market includes 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, Azoteq (PTY) Ltd, Neonode, Zytronic PLC, Braemac Ltd, DMC CO., LTD, TSItouch and Elo Touch Solutions Inc. among others.

SAMSUNG

SAMSUNG is headquartered in Seoul, South Korea which was established in 1969. The company is engaged in providing state–of-the-art products and solutions as well as developing innovative solutions catering to various industries such as construction, consumer electronics and logistics among others. The company offers wide range of product categories such as DRAM, SSD, eStorage, MCP, Image Sensor, Processor, Display IC, Security Solutions and Power IC and Display IC is focused category. They operate their businesses in CE, IM, DP, Semiconductor, Harman and Other among which Semiconductor is focused category. For instance,

• In February 2017, SAMSUNG introduced their new VR gear integrated with touch sensing controller at the Mobile World Congress which was held in Barcelona. It consists of various motions 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 their innovation on a global scale which has generated exponential revenues for them.

The company has presence in North America, Asia-Pacific and Europe. In addition to it, the company also generates its revenue from the various subsidiary companies such Samsung electronics service (South Korea), Harman International (U.S.), SmartThings (U.S.), Samsung Display (South Korea) and Cheil Worldwide (South Korea) among others.                                                                                   

Cypress Semiconductor Corporation (a subsidiary of Infineon Technologies AG)

Cypress Semiconductor Corporation (a subsidiary of Infineon Technologies AG) headquartered in California, U.S. and it was established in year 1982. The company provides innovative products and solutions related to Internet of Things, smart solutions and others. The company offers various product categories such as Universal Serial Bus (USB), Wireless, Memory, Microcontrollers (MCUs), Power Management IC’s, Timing Solutions, Cypress Sensing Technologies and Interface among which Cypress Sensing Technologies is focused category. For instance,

• In April 2020, Cypress Semiconductor Corporation (a subsidiary of Infineon Technologies AG) was acquired by Infineon Technologies AG for a sum of USD 10.8 million. It was strategic decision as they will be able to broaden their application range and is aiming 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.

The company has presence in Americas, Europe, and Asia-Pacific. In addition to it, the company also generates its revenue from the various subsidiary companies such Ramtron (U.S.), SunPower (U.S.), Cypress Semiconductor GmbH (Germany), Cypress Semiconductor Corp (Belgium) and Cypress EnviroSystems Corp (U.S.) among others.

Japan Display Inc.

Japan Display Inc. is headquartered in Tokyo, Japan which was founded in 2012. The company is engaged in offering technological advanced products which are developed using unconventional methods. The company has technology categories which are LCD Basics, JDI’s  LCD Technology, JDI’s Latest Display Technology, JDI’s Sensor Technology and Fabrication Service and R&D Support in which JDI’s Sensor Technology is market focused category. They operate their businesses in Small-Medium Display.

 For instance,

• In July 2020, Japan Display Inc. announced their participation in "Society of Information Display's (SID)" which is the world's largest international display conference. It was held for four days and the company presented several technical papers. The conference generally focuses on the latest technologies and products. This has allowed the company to showcase its potential on a global platform and reach a wider range of customers generating higher revenues for the future.

The company has global presence in North America, Europe and Asia-Pacific. In addition, company also generates revenue through the subsidiary such as Kaohsiung Opto-Electronics Inc. (Japan), Taiwan Display Inc. (Taiwan), Nanox Philippines Inc. (Phillipines) and KOE Europe Ltd. (U.K.) among others.