The global touch screen controllers market is poised to reach at market size of USD 10 billion by end of year 2022 at growing with 16% CAGR. The growth in the touch screen controllers market is driven by the growing integration of touchscreens in automobiles, increasing demand for smart consumer electronics; also capacitive controllers are highly responsive and provide a real-time feel while minimizing power consumption.
The rapid growth of internet of things across the world and touch screen devices are used in the education sector could create opportunities for the manufacturers of touch screen controllers and hence it is expected to boost the global touch screen controllers market over the forecast period, 2016-2022.
The major issues hampering the growth of the global Touch Screen Controllers Market are high technical complications in collecting data, screen sizing and false triggering of switches especially in smaller touch screen devices.
This study provides an overview of the global touch screen controllers market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast focusing on the market opportunities for the next five years for each region.
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The key players of global touch screen controllers report include NXP Semiconductors N.V. (Netherlands), ELAN Microelectronic Corp (Taiwan), Integrated Device Technology, Inc. (U.S.), Samsung Electronics Co. Ltd. (South Korea) , Texas Instruments Incorporated (U.S.), Analog Devices, Inc (U.S.), STMicroelectronics (Switzerland), Broadcom Corporation (U.S.), MELFAS Co. Ltd (Korea), Synaptics Incorporated (U.S.) and others.
The opportunity costs in the market are not elevated and are beneficial to progress in the market. The benefits to the economy from the development of the market are high. The current economic climate is promoting stable development in the market by favorable availability of resources. The market has accomplished a superior stride in the past couple of years, which is underscored by the events with regards to valuation. The increase in sponsors in the market plays an essential role in the progress of the market. The reduction in the barriers to trade is anticipated to embody cutting-edge areas for expansion in the approaching years. The profit generation streams in the market are optimized to yield maximum benefits in the coming years. The alternatives present for growth in the market are lucrative to long term growth of the market. The market is well-armed to find the way throughout the unstable tides, unforeseen turmoil, and unexplored waters in the international economy. The augmentation of the resources important to endure competition has enhanced broadly directed to a top development rate of the market.
The strategic contenders in the Touch Screen Controllers Market are ELAN Microelectronic Corp (Taiwan), NXP Semiconductors N.V. (Netherlands), MELFAS Co. Ltd (Korea), Integrated Device Technology, Inc. (U.S.), Texas Instruments Incorporated (U.S.), Analog Devices, Inc (U.S.), Samsung Electronics Co. Ltd. (South Korea) , STMicroelectronics (Switzerland), Broadcom Corporation (U.S.), Synaptics Incorporated (U.S.) and others.
The segmentation of the touch screen controllers market is carried out on the basis of interface, technology, application, end-users, and region. Based on the type, the touch screen controllers market has been segmented into capacitive and resistive controller. On the basis of interface, the touch screen controllers market is segmented as USB, I2C, URT, and SPI. By application, the touch screen controllers market comprises of media players, smartphones, GPS devices, control displays among others. Based on the end-users, the touch screen controllers market is segmented into banking, automotive, healthcare, and others. By regions, the touch screen controllers market comprises of North America, Europe, Asia-Pacific, and RoW. Based on the end-users, the touch screen controllers market is segmented into automotive, healthcare, banking, industrial and consumer electronics among others.
Market Research Future Analysis
The regional evaluation of the touch screen controllers market covers regions such as North America, Europe, Asia-Pacific, and RoW. The Asia Pacific region is responsible for the principal market share particularly in the nations such as China, Japan and India majorly owing to swift expansion of industrial automation, growing investments in the manufacturing sector and enhanced systems integrated with touchscreens. The North American region is anticipated to intensify at a stable rate, though U.S is one of the topmost manufacturers of touch screen controllers followed by the European region.
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- Touch Screen Controllers Manufacturers
- Research firms
- Consultancy firms
- Semiconductor Manufacturers
- End-user sectors
- Technology Investors
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