The touchscreen controller market was valued at USD 3.68 Billion in
2015 and is expected to reach USD 9.11 Billion by 2022, at a CAGR of
15.2% between 2016 and 2022. The growth of this market is propelled by
the increasing use of touchscreen in automobiles. With the introduction
of touch panels, a market potential for the touch controllers has also
been established. Therefore, the demand for touch controllers is
expected to grow significantly in the near future.
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The capacitive controller technology led the touchscreen controller market. The large market share of capacitive controller technology is attributed to the high demand for capacitive technology from various devices in consumer electronics applications such as smartphones, tablets, laptops, wearable devices, and others. Capacitive controllers are highly responsive and provide a real-time feel while minimizing power consumption. These are among the major factors responsible for increasing the popularity of capacitive touchscreen controllers as well as increasing use of capacitive touchscreens among manufacturers across various applications.
The consumer electronics to lead the touchscreen controller market during the forecast period. Touchscreens have been majorly used in consumer electronics such as smartphones, tablets, and laptops since many years. Smartphones, in particular, are the largest consumers of touchscreen as well as touch controllers. Besides these devices, touchscreens have also emerged in other consumer electronics devices such as gaming devices, and smart home devices, among others. Moreover, the growing innovation and increasing demand for advanced touchscreens are expected to further drive the touchscreen controller market.
Asia-Pacific held the largest share of the touchscreen controller market in 2015; it is also expected to grow at the highest rate during the forecast period. The high growth of the Asia-Pacific market is attributed to the presence of a number of leading consumer electronics manufacturers, increasing use of automatized and advance system integrated with touchscreens in the manufacturing industry, and the growth in the production of vehicles integrated with touch infotainment systems.
The major restraint for the companies operating in the touchscreen controller market is the technical compatibility issues of the touchscreen controller and the touchscreens with regard to response time, refresh rate, and the power consumption. Maintaining a fast refresh rates in a large screens is difficult as the touch controller needs to sweep greater surface area, collect data from all the intersections, and then process that data. To add to this, the power consumption of a touchscreen controller may increase if the refresh rate is increased.
Microchip Technology Incorporated (U.S.) is a major player in the touchscreen controller market and holds a leading position in designing microcontrollers, capacitive touch solutions, advanced logic, and others. It is also well-known for manufacturing and distributing touchscreen controller. The company’s product portfolio includes analog resistive and projected capacitive touch controllers for applications in the automotive, aerospace, touch and input sensing. By focusing on product and technology development, the company has established a strong foothold in this market. The company has acquired Atmel Corporation (U.S.) to offer the customers a wide set of touch solution options.
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com
Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=650
Browse 69 market data Tables and 83 Figures spread through 172 Pages and in-depth TOC on "Touchscreen Controller Market "
http://www.marketsandmarkets.com/Market-Reports/touch-controller-ic-market-650.html
Early buyers will receive 10% customization on this report.
The capacitive controller technology led the touchscreen controller market. The large market share of capacitive controller technology is attributed to the high demand for capacitive technology from various devices in consumer electronics applications such as smartphones, tablets, laptops, wearable devices, and others. Capacitive controllers are highly responsive and provide a real-time feel while minimizing power consumption. These are among the major factors responsible for increasing the popularity of capacitive touchscreen controllers as well as increasing use of capacitive touchscreens among manufacturers across various applications.
The consumer electronics to lead the touchscreen controller market during the forecast period. Touchscreens have been majorly used in consumer electronics such as smartphones, tablets, and laptops since many years. Smartphones, in particular, are the largest consumers of touchscreen as well as touch controllers. Besides these devices, touchscreens have also emerged in other consumer electronics devices such as gaming devices, and smart home devices, among others. Moreover, the growing innovation and increasing demand for advanced touchscreens are expected to further drive the touchscreen controller market.
Asia-Pacific held the largest share of the touchscreen controller market in 2015; it is also expected to grow at the highest rate during the forecast period. The high growth of the Asia-Pacific market is attributed to the presence of a number of leading consumer electronics manufacturers, increasing use of automatized and advance system integrated with touchscreens in the manufacturing industry, and the growth in the production of vehicles integrated with touch infotainment systems.
The major restraint for the companies operating in the touchscreen controller market is the technical compatibility issues of the touchscreen controller and the touchscreens with regard to response time, refresh rate, and the power consumption. Maintaining a fast refresh rates in a large screens is difficult as the touch controller needs to sweep greater surface area, collect data from all the intersections, and then process that data. To add to this, the power consumption of a touchscreen controller may increase if the refresh rate is increased.
Microchip Technology Incorporated (U.S.) is a major player in the touchscreen controller market and holds a leading position in designing microcontrollers, capacitive touch solutions, advanced logic, and others. It is also well-known for manufacturing and distributing touchscreen controller. The company’s product portfolio includes analog resistive and projected capacitive touch controllers for applications in the automotive, aerospace, touch and input sensing. By focusing on product and technology development, the company has established a strong foothold in this market. The company has acquired Atmel Corporation (U.S.) to offer the customers a wide set of touch solution options.
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com
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