Product ID: SQSG45L2001
Global Touch Screen Display Market Size, Share, Growth Analysis, By Screen Type(Capacitive Touch, Screens Resistive), By Application(Personal Use, Professional Use) - Industry Forecast 2024-2031
Report ID:
SQSG45L2001 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
65 |
Figures:
75
Global Touch Screen Display Market Insights
Global Touch Screen Display Market size was valued at USD 65.6 billion in 2019 and is poised to grow from USD 70.84 billion in 2023 to USD 163.1 billion by 2031, growing at a CAGR of 8% in the forecast period (2024-2031).
A touch screen display helps the user to interact with the device using a finger or a stylus wherein the touch acts as the mode of input and the display provides the output for the commands given, these are of different types. The increase in the usage of touchscreen-based technology among the population is going to be the major factor that will influence the growth of the global touch screen display market. Growing technological developments and rising demand for more accessible user interface are anticipated to boost the touch screen display market during the forecast period. Additionally, features including superior picture quality, low power consumption, accessibility, the development of sleek models, and an increase in discretionary incomes are crucial factors propelling the growth of the touch screen display market.
The global touch screen display market faced a pitfall during the Covid-19 pandemic. This was due to the implementation of lockdown that resulted in the closing down of a large number of manufacturing units, resulting in a decline in production. The demand was not met hence the global touch screen display market faced a bit of stress during this period. Governments and key players in the market came up with safety regulations that helped in resuming the manufacturing units. Also, key players identified the right audience that needed to be targeted, which helped surge the sales of touch screen devices and is expected to boost market growth in the years to come.
US Touch Screen Display Market is poised to grow at a sustainable CAGR for the next forecast year.
To get more reports on the above market click here to Buy The Report
Global Touch Screen Display Market Segmental Analysis
Touch Screen Display Market is segmented based on the screen type, application, and region. Based on the screen type, the global touch screen display market is segmented as capacitive touch screens, resistive touch screens, surface acoustic wave type displays, infrared touch screens, others (projected capacitive, etc.). Based on application, the global touch screen display market is segmented as personal use and professional use. Based on region, Touch Screen Display Market is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Touch Screen Display Market Analysis by Screen Type
In 2021, the capacitive touchscreen segment held the largest share in the global touch screen display market, owing to rising demand for multi-touch feature in devices. The multi-touch feature provides users with ease of operation, and users can use different points of contact on the screen as per their convenience.
The resistive touchscreen segment also held a significant share of the global touch screen display market. This is because of its ease of operation and the point that it can be operated with the help of a stylus as well. Unlike capacitive touchscreen, these do not support multi-touch features, which is why capacitive touchscreen continues to enjoy its supermacy.
Touch Screen Display Market Analysis by Application
In 2021, the personal use segment held the largest share in the global touch screen display market, attributed to the growing usage of smartphones and tablets in households for entertainment purposes during the pandemic. Owing to ease of operation, people are rapidly purchasing mobile phones and using them for various purposes, including calling, shopping, education, etc.
The professional use segment saw a tiny fall during the beginning of the pandemic as the offices were shut down. There was no reason for the purchase of touchscreen devices for professional purposes. Since the lockdown has been lifted and with the implementation of work from home and the hybrid model of working, the demand for touch screen devices for professional use is also increasing and will continue to do so during the forecast period, thus boosting the growth of the global touch screen display market.
To get detailed analysis on other segments, Request For Free Sample Report
Global Touch Screen Display Market Regional Insights
In 2021, the Asia-Pacific region held the largest share in the global touch screen display market. Growing technological advancements and rising appeal of the these devices are boosting the demand for touch screen mobiles in the region. Furthermore, observing this trend in the Asia-Pacific region, a large number of players have emerged in this region, which is expected to increase the demand for touch screen devices in the region and bolster market growth during the forecast period.
The North America region is also experiencing a decent share of the global touch screen display market. Continuous research and development and growing health concerns motivating people to buy smart wearables that are helpful in monitoring their vitals are driving touch screen display market growth in North America. Furthermore, the European region is also experiencing a decent hike in the global touch screen display market, due to the increase in employment in the region resulting in increase in the purchasing power of the users.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Global Touch Screen Display Market Dynamics
Touch Screen Display Market Driver
- With the development in technology and increase in globalization, the people’s dependency on mobile phones has increased, and this will continue to do so as most of the operations carried out in day-to-day life are done using mobile phones. With the introduction of digital payment methods, the usage of mobile phones is ever-increasing, and this will continue to rise during the forecast period, further resulting in the growth of the global touch screen display market. Along with this, the rising population demanding mobile phones and other devices is also a factor that is boosting the growth of the market.
- Rising prevalence of heart diseases and various other diseases necessitates checking daily activities and monitoring vitals. This increased the demand for smart wearables, which helps the users achieve this purpose, further boosting the growth of the global touch screen display market.
- Rapid technological development is another factor fueling the growth of the global touch screen market. With rapid development, there is a new update launched every day, and new models for smartphones, tablets, laptops, etc., are introduced very frequently, which motivates the user to buy these products, further boosting the growth of the market during the forecast period.
Touch Screen Display Market Restraint
- Even though there are rapid technological developments taking place in the market, the price of the products is still very high associated with the manufacturing of touchscreen display devices and is not affordable for a significant section of the population.
- Entrance of players in the market due to increasing demand for these devices led to high competition. Large players are not able to capture a decent share in the market leading to losses in the long run and if this continues to happen, these players will be forced to liquidate leading to the decline in growth of the global touch screen display market.
Request Free Customization of this report to help us to meet your business objectives.
Global Touch Screen Display Market Competitive Landscape
The global touch screen display market is relatively fragmented, with a high level of competition. The prominent players operating in the market are constantly adopting various growth strategies to stay afloat in the market. The creation of new products is a top priority for major players in order to provide more useful features and incorporate cutting-edge technology into touch displays. In order to get labour and raw materials more cheaply, several OEMs seek to expand their companies throughout developing economies by moving their production facilities to Asian and African nations.
Top Player in the Global Touch Screen Display Market
- Apple Inc.
- Samsung Electronics Co. Ltd.
- LG Electronics Inc.
- Sony Corporation
- Fujitsu Limited
- Panasonic Corporation
- Toshiba Corporation
- Sharp Corporation
- NEC Corporation
- Mitsubishi Electric Corporation
- 3M
- Atmel Corporation
- Nissha Co., Ltd.
- TPK Holding Co., Ltd.
- Wintek Corporation
- Innolux Corporation
- HannStar Display Corporation
- AU Optronics Corporation
- ELO Touch Solutions Inc.
- Planar Systems, Inc.
Touch Screen Display Market Recent Developments
- In June 2022, the new ESPRIMO Mini PCs from Fujitsu are tiny, with a footprint that is comparable to a hardcover book. The ESPRIMO Mini PC versions may be mounted to the back of a display or hidden under a desk for a clean appearance and are whisper quiet while in use. The PC may be powered and connected to a display like the Fujitsu AiO Display P2410 with just a USB Type-C connection.
- In February 2022, Samsung introduced the Samsung Galaxy S22 and S22 Plus during the Unpacked event. Both devices have a variety of upgraded camera features, including Super HDR mode, greater optical image stabilization, and a better Portrait mode. The mobile devices have a 50MP main camera and a 10MP telephoto lens.
Global Touch Screen Display Key Market Trends
- With the increase in demand for better and advanced services by the users, the key players are performing constant research and development activities and adding new features rapidly to touchscreen devices. They are focusing on integrating the existing touchscreen panels and developing more user-friendly devices, which will be accepted by the users in the near future. These may result in the growth of the market during the forecast period.
- Furthermore, with the integration of artificial intelligence technology at large, the touch screen display market will observe a huge gain in the near future.
Global Touch Screen Display Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our global touch screen display market analysis, in terms of screen type, the capacitive screen held the largest market share in 2021, owing to the multi-touch features, which are widely popular in today’s era. Further, in the application segment, personal use held the largest share in the global touch screen display market, due to the rise in the use of mobile phones and smart wearables by a large section of the population. And by region, the Asia-Pacific region held the largest market share owing to the emergence of new players due to high demand in the region.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 65.6 billion |
| Market size value in 2031 | USD 163.1 billion |
| Growth Rate | 8% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Touch Screen Display Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Touch Screen Display Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Touch Screen Display Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Touch Screen Display Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Touch Screen Display Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Touch Screen Display Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Touch Screen Display Market Report Snapshots
Want to customize this report?
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATION
USA (+1) 351-333-4748
