Global Resistive Touchscreen Market – Industry Trends and Forecast to 2029

Global Resistive Touchscreen Market, By Product (Smartphones, Tablets, Laptops, Televisions, Kiosks, Large Interactive Screens), Application (Infotainment, Enterprises, Entertainment, Consumer Electronics, Retail, Education, Others) – Industry Trends and Forecast to 2029.

Resistive Touchscreen Market Analysis and Size

Many touch technologies are available in the market today, and every technology works in different ways, such as using sound waves infrared light or pressure. However, there are mainly two touchscreen technologies that are [resent in the market, such as resistive and capacitive touch. The resistive touch screen has many benefits include the least production cost, flexibility when it comes to touch, its durability and strong resistance property to dust and water which are expected to drive the market growth rate.

Data Bridge Market Research analyses that the resistive touchscreen market was valued at USD 4593.20 million in 2021 and is expected to reach USD 9018.75 million by 2029, registering a CAGR of 8.80%during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Resistive Touchscreen Market Scope and Segmentation

Market Definition

Resistive touchscreen is a type of touchscreen which use pressure as input. It is made up of numerous layers of flexible glass and plastic, the front layer is scratch resistant plastic and the second layer is normal glass. These both layers are coated with conductive material. When someone exerts pressure on the panel, the resistance is measured between two layers highlighting where the point of contact is on the screen.

Resistive Touchscreen Market Dynamics

Drivers

• Smartphone Proliferation

The increase in the usage of smartphone and tablet are expected to act as one of the major factors which is driving the growth of resistive touch screen market. The advance technology of this product have a positive impact on this sector because it is leading a radical shift from the  traditional slow, bulky and imprecise resistive mono touch to highly sensitive multi-touch capacitive screen .

• High Adoption in several application

The adoption of resistive touchscreen displays is high in healthcare, retail, hospitality, and ATM machine due to the advance technology, energy-efficient, attractive, and high-end-specification properties. These are the main driving factors for the resistive touchscreen display market growth during the forecast period.

Furthermore, growing funds for the technological advancement in the touchscreen sector and rising demand of electronic display devices overall the globe are some of the major factors which will likely to improve the growth rate of the resistive touchscreen market. 

Opportunities

• Launches of new products

The launch of new products mainly contain improved capabilities which major market players have launched. For instance, L.G. Electronics has launched the new transparent OLED display for digital signage, with touch screen technology, the OLED uses projected capacitive film technology on its touchscreen, which offers greater transparency as compared to the other conventional transparent LCD displays.

Moreover, increasing applications from developing countries that will further increase several opportunities which will lead to the growth of the resistive touchscreen market in upcoming years.

Restraints/ Challenges

• Less availability of raw material

The demand for the resistive touchscreen is very high in the market, but the less availability of the raw material for the production of resistive touchscreen will hinder the growth of the market.

• High cost

High cost of raw material and the components which are used for the manufacturing of the resistive touchscreen are expected to obstruct the growth of the resistive touchscreen market.

This resistive touchscreen 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 resistive touchscreen market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Resistive Touchscreen Market

The outbreak of COVID-19 has affected several industries and economies in various nations. The government has imposed lockdowns, travel bans, and business shutdowns which in turn has affected the resistive touch screen market size. In contrast, the coronavirus has also positively impacted resistive touch screen demand. When the COVID-19 pandemic was discovered, the sales of tablets, laptops, smartphones and other electronics surged in certain areas as majority of individuals began working from home. The ongoing work-from-home trend and the high demand for more advanced and new electronic gadgets will create immense opportunities for the market during the forecast period. Thus, it will impact the overall growth of resistive touch screen market opportunity worldwide.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures

Global Resistive Touchscreen Market Scope

The resistive touchscreen market is segmented on the basis of product 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

Application

• Infotainment
• Enterprises
• Entertainment
• Consumer Electronics
• Retail
• Education
• Others

Resistive Touchscreen Market Regional Analysis/Insights

The resistive touchscreen market is analysed and market size insights and trends are provided by country, types and application as referenced above.

The countries covered in the resistive touchscreen market report  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

North America dominates the resistive touchscreen market. This is due to the increasing preferences of wearable technologies along with growing use of technology intensive products with high picture quality in this region.

Asia-Pacific is expected to be the fastest developing region due to the availability of raw material along with increasing demand of smartphones in this region. 

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 Resistive Touchscreen Market Share Analysis

The resistive touchscreen 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 resistive touchscreen market.

Some of the major players operating in the resistive touchscreen market are:

• 3M (U.S.)
• Corning Incorporated (U.S.)
• Displax (Portugal)
• Mouser Electronics, Inc. (U.S.)
• FUJITSU (Japan)
• Cypress Semiconductor Corporation. (U.S.)
• Microsoft (U.S.)
• SAMSUNG (South Korea)
• Synaptics Incorporated (U.S.)
• L.G. Electronics. (South Korea)
• WINTEK Corporation (U.S.)