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% during the forecast
period. The base year considered for study is 2015 and the forecast
period is between 2016 and 2022. The objective of the report is to
provide a detailed analysis of the market based on technology,
interface, touchscreen technology, screen size, application and
geography. The report provides detailed information regarding the major
factors influencing the growth of the market. The report also gives a
detailed overview of the value chain of the touchscreen controller
market.
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The report covers the touchscreen controller market
segmented on the basis of technology, interface, touchscreen technology,
screen size, application and geography. The capacitive controller
technology led the market due to the high demand for capacitive
technology from various devices in consumer electronics as well as
commercial applications. Besides, the major factors responsible for
increasing the popularity of capacitive touchscreen controllers are
highly responsive nature and they provide a real-time feel while
minimizing power consumption.
The market for multi-touchscreen technology is
expected to witness significant growth during the forecast period. The
rapidly increasing devices which require touchscreen technology
supporting multi-touch features have driven the market for touchscreen
controllers complying with the requirements of multi-touchscreen
technology. The major applications that use multi-touch panels include
consumer electronics such as smartphones, tablet, wearable devices,
laptops, and other electronic devices, whereas commercial applications
include infotainment systems in automotive, and e-boards in education
sectors, among others.
The commercial segment is expected to grow at the
high market rate of the touchscreen controller market during the
forecast period. Technological advancements in various segments such as
healthcare, automotive, banking, retail, education & training have
resulted into the development of innovative and modernized touch-based
devices. These applications use touchscreen to enhance the user
experience and encourage interactivity. The rapidly growing increasing
installation of touch-based ATMs and Kiosk systems and the growing
demand for infotainment systems in vehicles is expected to drive this
market.
Asia-Pacific held the largest market share in 2015
The large market size of the Asia-Pacific region is
attributed to the presence of a number of leading consumer electronics
manufacturers such as Sony Corp. (Japan), Samsung SDI Co., Ltd. (South
Korea), HTC Corp (Taiwan), Panasonic Corp. (Japan), Huawei Technologies
Co., Ltd. (China), and LG Electronics Inc. (South Korea), among others
in the region. Furthermore, the rapid development of industrial
automation and growing investments in the manufacturing industry is
increasing the use of automatized and advance system integrated with
touchscreens. Moreover, the major touchscreen controller manufacturers
such as Melfas Incorporated (Korea) as well as Samsung Electronics Co.
Ltd. (South Korea), among others are present in the Asia-Pacific region,
and are actively involved in new product launches, acquisitions, and
partnerships to expand their market reach.
Major players in this market include Microchip
Technology Incorporated (U.S.), Synaptics Incorporated (U.S.),
STMicroelectronics N.V. (Switzerland), Cypress Semiconductor Corporation
(U.S.), Texas Instruments Inc. (U.S.), Broadcom Limited (U.S.), Analog
Devices Inc. (U.S.), Melfas Incorporated (Korea), Elan Microelectronics
Corp. (Taiwan), NXP Semiconductors N.V. (Netherlands), Integrated Device
Technology, Inc. (U.S.), and Samsung Electronics Co. Ltd. (South
Korea).
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