Global Multi-Touch Screen Market, By Product (Smartphones, Tablets, Laptops, Televisions Kiosks, Large Interactive Screens), Technology (Resistive, Capacitive, Infrared, Optical, Others), Application (Infotainment, Enterprises, Entertainment, Others) – Industry Trends and Forecast to 2029.
Market Analysis and Size
Multi-touch screens are the technological innovations in the field of screen displays. Multi-touch screens offer many advantages such as easy upgradability, improved remote functionality, user friendly interface and much more. Synaptics Incorporated, GestureTek, Apple, Sharp Corporation and SAMSUNG are the some major players operating in this market.
Data Bridge Market Research analyses that the multi-touch screen market value, which was USD in 12.60 billion 2021 is expected to reach the value of USD 41.31 billion by 2029, at a CAGR of 16.00% during the forecast period of 2022 to 2029. "Smartphones" accounts for the largest product segment in the multi-touch screen market due to smartphones' growing penetration, especially in developing economies. The multi-touch screen market report also covers pricing analysis, patent analysis, and technological advancements in depth.
Market Definition
From the name itself, it is clear that multi-touch screen is a technology that allow users to control graphical applications just by the movement of fingers. Multi-touch screens is a growing technology and provides a wide range of benefits such as different gestures to manipulate touch screen and fully grasp the related characteristics arbitrarily.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Product (Smartphones, Tablets, Laptops, Televisions Kiosks, Large Interactive Screens), Technology (Resistive, Capacitive, Infrared, Optical, Others), Application (Infotainment, Enterprises, Entertainment, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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Wintek Corporation (U.S.), Microsoft Corporation (U.S.), 3M (U.S.), LG Electronics (South Korea), SAMSUNG (South Korea), Japan Display Inc. (Japan), Innolux Optoelectronics Co., Ltd. (Taiwan), HannStar. (Taiwan), BOE Technology Group Co., Ltd. (China), SHARP CORPORATION (Japan), Infineon Technologies AG (U.S.), Immersion (U.S.), FUJITSU (Japan), Synaptics Incorporated (U.S.), GestureTek technologies (U.S.), Apple, Inc. (U.S.) TPK Holding Co., Ltd (Taiwan), ALPS ALPINE CO., LTD. (Japan) and Microchip Technology Inc., (U.S.)
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Global Multi-Touch Screen Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
- Growth in investment for research and development to carve way for innovations
The rising number of strategic market collaborations has led to the rise in funds to be allocated for the growth and development of advanced and automated technology/ machinery. Further, growth in the level of investment for research and development proficiencies would carve the way for innovations pertaining to such screen displays.
- Increased proliferation of consumer electronics globally to induce greater demand and supply in emerging nations
Growing proliferation and penetration of consumer electronics is one of the major factors fostering the growth of the market. In other words, increased demand and availability of smartphones, tablets, laptops, televisions kiosks, and large interactive screens directly influence the market's growth rate.
- Growth and expansion of end user verticals to present numerous opportunities for small scale businesses
Owing to the global economic rise, there is a huge scope of growth for the semiconductors and electronics industry. There is an increased focus of the major manufacturers on the application of advanced technologies which will widen the scope of growth.
Rising urbanization, modernization, and globalization drive market value growth. Surging development in the flexible packaging solution, growing technological advancements in the packaging equipment and technology to accommodate a diversified range of products, and increased e-commerce industry's proliferation are other market growth determinants. Furthermore, advancements in manufacturing technology extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, increasing popularity of touch panel displays will further expand the market's future growth.
- Increased number of regulations to limit the scope of growth in the long run
Rising enforcement of stringent environmental regulations imposed on the industries will create hindrances for the growth of the market. Also, stringent regulations on product approvals will narrow down the scope of growth for the market. Further, suspension of business activity on account of the coronavirus pandemic will yet again create hindrances.
- Supply chain disruptions will pose a threat to the unprecedentedly growing market demand
With the rising number of restrictions around the globe due to pandemic, there has been a hit in the demand and supply of display materials. Also, fluctuations in the prices of raw materials coupled with shortage of availability of crude substances will prove to be a demerit for the market. Therefore, this will challenge the market growth rate.
Also, dearth of awareness in underdeveloped regions and large-scale availability of alternatives will act as growth restraints for the market. Lack of strong infrastructural facilities in the backward economies and high cost of touch screen panels will also challenge the market growth rate.
This multi-touch screen market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the multi-touch screen market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Post COVID-19 Impact on Multi-Touch Screen Market
The recent coronavirus outbreak has proven to be a bane for the market. The pandemic has led to the suspension of business activity on account of the coronavirus pandemic. It has resulted in disruptions in global supply chains, border restrictions, and travel restrictions by government bodies. The market growth rate saw a slowdown owing to the stringent measures taken up to curb the commercial activities
Global Multi-Touch Screen Market Scope
The multi-touch screen market is segmented on the basis of product, technology, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Smartphones
- Tablets
- Laptops
- Televisions Kiosks
- Large Interactive Screens
On the basis of product, the multi-touch screen market is segmented into smartphones, tablets, laptops, televisions kiosks, and large interactive screens.
Technology
- Resistive
- Capacitive
- Infrared
- Optical
- Others
On the basis of technology, the multi-touch screen market is segmented into resistive, capacitive, infrared, optical, and others.
Application
- Infotainment
- Enterprises
- Entertainment
- Others
On the basis of application, the multi-touch screen market is segmented into infotainment, enterprises, entertainment, and others.
Multi-Touch Screen Market Regional Analysis/Insights
The multi-touch screen market is analysed and market size insights and trends are provided by country, product, technology, and application as referenced above.
The countries covered in the multi-touch screen market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
The Asia-Pacific region is expected to hold the largest growth rate due to the changing consumer preferences and rapid urbanization, growing awareness about the internet of things (IoT), rising proliferation of consumer electronics, high personal disposable income, and increasing adoption of smart technologies.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Multi-Touch Screen Market Share Analysis
The multi-touch screen market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to multi-touch screen market.
Some of the major players operating in the multi-touch screen market are Wintek Corporation (U.S.), Microsoft Corporation (U.S.), 3M (U.S.), LG Electronics (South Korea), SAMSUNG (South Korea), Japan Display Inc. (Japan), Innolux Optoelectronics Co., Ltd. (Taiwan), HannStar (Taiwan), BOE Technology Group Co., Ltd. (China), SHARP CORPORATION (Japan), Infineon Technologies AG (U.S.), Immersion (U.S.), FUJITSU (Japan), Synaptics Incorporated (U.S.), GestureTek technologies (U.S.), Apple, Inc., (U.S.) TPK Holding Co., Ltd (Taiwan), ALPS ALPINE CO., LTD., (Japan) and Microchip Technology Inc., (U.S.) among others.
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