Global Touch Sensor Market

Touch Sensor Market Size, Share, Growth Analysis, By Application(Consumer Electronics, Home Appliances), By Channel(Single Channel and Multi-channel), By Flexibility(Conventional, Flexible), By Type(Resistive, Capacitive) - Industry Forecast 2024-2031

Report ID: SQMIG45A2271 | Region: Global | Published Date: April, 2024
Pages: 198 | Tables: 120 | Figures: 77

Touch Sensor Market News

  • In September 2021, Neonode announced that Doostek had selected Neonode value-added reseller TNB Tech to test a contactless self-check-in kiosk with Neonode contactless touch technology located in a major airport in Korea. This gave the company worldwide the availability and demand for touch increased sensor technology.
  • In September 2021, Renesas Electronics Corp. announced the launch of the lowest-power, 32-bit RX140 group of microcontrollers (MCUs), the latest addition to its entry-level RX100 series RX140 MCUs feature the latest capacitive touch sensing units providing customers with an enhanced user experience (UX) and providing a user interface (UI). This has increased the company’s offerings in the market.
  • In November 2022, The LSM6DSV16X, ST’s flagship 6-axis inertial measurement unit (IMU), combines AI, adaptive self-configuration, and fusion of sensor low-power techniques to achieve maximum efficiency.
$5,300
BUY NOW GET FREE SAMPLE
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

FAQs

Touch Sensor Market size was valued at USD 5.4 Billion in 2022 and is poised to grow from USD 6.27 Billion in 2023 to USD 20.86 Billion by 2031, growing at a CAGR of 16.2% in the forecast period (2024-2031).

touch sensor market is highly competitive with a mix of established players and emerging companies vying for market share. As the demand for touch-enabled devices continues to grow across various industries, the market is expected to witness further innovation and expansion in the coming years. 'Neonode Inc.', 'Renesas Electronics Corporation.', 'SCHURTER', 'Semtech Corporation', 'Silicon Laboratories', 'Texas Instruments Incorporated', 'TSItouch', 'Zytronic PLC', 'Apex Material Technology Corporation', 'Xymox Technologies, Inc.', 'CIRQUE CORPORATION', 'Futaba Corporation', 'Synaptics Incorporated', 'Infineon Technologies AG', 'Japan Display Inc., Nissha Co., Ltd.', 'Azoteq (PTY) Ltd', 'CAPTRON', 'DMC CO., LTD.', 'Elo Touch Solutions, Inc.', 'Microchip Technology Inc.'

The world has slowly moved from traditional devices to modern touch devices. Individuals, business houses and manufacturing companies are adopting touchscreen displays and controls to create a better image and experience. One of the main reasons they are recommended is because they are interactive, immersive, and relatively easy to use. The mouse and keyboard have been replaced by a simple control panel that works well and is easy to use for navigation. They are also very durable and resilient, providing longevity. Thus, from restaurants to construction companies to finance, the rapid addition of add-on devices is a potential driver for the market.

Growing Display-based HMI Demand: Increasing performance-based HMI requirements are driving the touch sensor market growth. Touch sensors are used in the management panels of many electrical appliances because they provide a flexible interface, use low power, can handle both high and low voltage devices in addition to allow for customers, and a dynamic interface well. The increasing use of electronic devices and consumer products has expanded the market for touch products. It gives the developer greater confidence and comfort while reducing the cost of the arrangement. These control panels can be added, making them water, spill and dust resistant. Additionally, touch sensors enhance the appearance of electronic devices, making them easier to manufacture and install.

North America is expected to dominate the touch sensor market. North America, especially the United States, is known for its innovation and technological development. There are many technology giants like Apple, Google and Microsoft, who are at the forefront of innovation in touch sensor technology. These companies are driving cutting-edge touch sensor solutions, which are shaping industry standards and consumer expectations around the world.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

Click here right-arrow
logo-images

Related Reports

Virtual Machine Backup and Recovery Market
Buy Now GET FREE SAMPLE
On-Demand Transportation Market
Buy Now GET FREE SAMPLE
Cognitive Computing Market
Buy Now GET FREE SAMPLE
Accounting Software Market
Buy Now GET FREE SAMPLE

Feedback From Our Clients

Global Touch Sensor Market

Product ID: SQMIG45A2271

$5,300
BUY NOW GET FREE SAMPLE