Global Touchscreen Controller Market – Overview
A touch screen controller displays when pressure is applied on the surface of the display. In general, the market for touchscreen technology is classified into resistive touch and capacitive touch. A resistive touch screen is coated with conductive layer in which the applied electrical signals when touched are sent for processing to the controller. In the case of capacitive touch screen the screen is coated with di-electric material which is capable of storing electric charge when touched. Both the technologies use indium tin oxide as sensors for carrying electrical signals.
Capacitive touchscreen technology has gained much attention from smart phone manufacturers due to its operational efficiency, durable design and low power consumption. Touchscreen is being widely adopted across all major industries such as healthcare, automotive and others, rise in adoption among smart devices such as phones, tablets and laptops are majorly driving the market for touchscreen controllers. Increasing investments in research and development by various market leaders, adapting touch based banking in BFSI are fuelling the market growth.
The rapid increase in Internet of Things across several sectors and adoption of touch screens in education sector are creating opportunities for manufacturers to develop in the existing technology. The triggering of switches at false times and complications in collecting data are hindering the market growth.
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February 2018 – Juvenile Diabetes Research Foundation (JDRF) partnered with Cam Med LLC Massachusetts-based Company which deals with microfluidic based drug delivery technologies for development of artificial pancreas systems. The device comes with capacitive touch screen of handheld size which weighs around less than one ounce. This wearable device helps diabetes to monitor the functioning of pancreas and can draw assumptions.
February 2018 – Lynxspring, Inc., which develops software and hardware for enterprises, launched 7 inch HD touch display for building automation and IoT environments. The display device can be used to control HVAC, lighting and other IoT user experiences. The device is capable of providing clear visuals, enabling operational efficiencies
The Global Touch Screen Controllers Market has been segmented on the basis of technology, interface, application, end-users and region. By type, the market has been bifurcated into resistive and capacitive controller. On the basis of interface, the market can be segmented as I2C, USB, URT and SPI. On the basis of application the market includes- smart phones, media players, GPS devices, control displays among others. Also, on the basis of end-users, the market can be segmented into- healthcare, banking, automotive among others. Further, the market has been segmented into four regions which include- North America, Europe, Asia-Pacific and RoW.
On the basis of end-users, the market can be segmented into healthcare, automotive, banking, industrial and consumer electronics among others. Out of these, the automotive segment accounted for the largest market share. The technology is improving as more number of companies is launching competitive products.
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.
Regionally, Asia-Pacific accounted for the largest market share especially in the countries such as China, Japan and India majorly due to rapid development of industrial automation, increasing investments in the manufacturing sector and advance system integrated with touchscreens.
North-American region is expected to grow at a steady rate, although U.S is one of the top manufacturers of touch screen controllers followed by Europe.
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- Touch Screen Controllers Manufacturers
- Research firms
- Consultancy firms
- Semiconductor Manufacturers
- End-user sectors
- Technology Investors
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