Sunday, 26 May 2019

Touchscreen Controller Market is reaching new level – expected to be $9.11 Billion by 2022

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.


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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