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The Touch Screen Display Market was valued at USD 77.28 billion in 2023 and is estimated to reach USD 249.33 billion by 2032, growing at a robust CAGR of 13.7% during the forecast period of 2024-2032.
Smartphones, tablets, laptops, and particular computers are the major and most profitable products where touchscreen technology is used. Rapid popularization, ease of use, availability, increased consumer spending, and adding ergonomics are the crucial factors driving the Touch screen Display market growth. Nonstop enhancement in touch display material making new innovative and further point ferocious touch screen may give avenues for request growth.
For example, In September 2023, Elo Touch Solutions, Inc. launched the 2799L open frame display, a 27-inch touchscreen monitor engineered specially for outdoor applications.
The development of scratch-less and multi-touch-sensitive displays is the major trend in the Touch screen Display request. The use of the aforementioned value-added features to the touchscreen is likely to enhance the end-stoner experience. Advancement in tackle technology is also anticipated to raise the demand for further bettered touchscreens, which may beget the request growth. Further, the preface of gesture seeing and infrared touchscreen may also give avenues for request growth. In addition, an extension of its operation into the TV, DVD, and machine sector is also anticipated to launch the demand.
Report Attributes | Details |
---|---|
Key Segments | • By Screen Type (Capacitive, Resistive, Optical, Infrared, Others) • By Application (Display Signage, Kiosks, Consumer Electronics) • By End User (Residential, Commercial, Industrial) |
Regional Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
Company Profiles | BOE Technology Group, Innolux Corporation, AU Optronics Corp., Panasonic Holdings Corporation, Samsung Corporation, Corning Incorporated, Mouser Electronics Inc., NEC Corp, FUJITSU, DISPLAX, 3M |
Drivers
Enhanced user experience while using mobiles, laptops, etc
Various advancements in technology
Growing Demand for Interactive Displays
Touch screen displays offer an intuitive and stoner-friendly way to interact with customers, making them a favored choice for smartphones, tablets, laptops, and colorful consumer electronics. Advancements in touch screen technology are making them more responsive, accurate, and multi-touchable. Touch screens are increasingly used in retail stores for interactive signage, educational settings for interactive whiteboards, and public spaces for information alcoves.
Restraints
Limited Screen Size for Certain Applications
Difficulty in entering the markets in budget-conscious areas
Opportunities
Urban trends and growing demand for advanced technologies
Expansion into AR/VR Applications
Challenges
It is highly competitive, with numerous players offering diverse products.
Disruption in Supply chains in remote areas.
Threats of cyber-attacks and threats.
Manufacturers need to concentrate on invention, cost-effectiveness, and feeding to specific operations to stand out. Global events like the ongoing chip deficit or geopolitical pressures can disrupt force chains for touch screen factors, impacting products and potentially leading to price oscillations. With touch defenses being used for fiscal deals and penetrating sensitive information, there is a growing need for robust security measures to cover stoner data and help cyberattacks.
Touchscreens are decreasingly used in military operations for colorful purposes like armament control systems, communication bias, and situational mindfulness displays in military vehicles. The war could lead to increased demand for ruggedized touchscreens for military use, though this is a niche member of the overall request. The war has caused dislocations in global force chains for electronic factors, including those pivotal for touchscreen displays (like semiconductors). This could lead to a shortage of accouterments, product retardations, and price hikes for touchscreens. The touchscreen display request caters to different operations. While consumer electronics might see a dip, other sectors like medical displays or artificial robotization touch screens could be less affected. Companies that can acclimatize their force chains, introduce indispensable accouterments, and feed to the evolving requirements of the request will be more deposited to navigate the challenges and subsidize on implicit openings.
Economic Slowdown has weakened business demand and reduced consumer spending. Consumers might conclude to delay upgrading their touchscreen bias (phones, tablets) and wait for the profitable situation to ameliorate before making a new purchase. This can extend relief cycles and dampen overall request growth. Businesses might defer investments in new interactive alcoves, digital signage, or other operations that use touchscreens. This could impact the requesting member that caters to these business needs. Touchscreens are chancing adding use in artificial robotization and mortal-machine interfaces (HMI). Still, profitable retardation can lead to detainments in artificial systems or dropped product volumes, leading to an implicit drop in demand for touchscreens in these sectors.
By Screen Type
Capacitive
Resistive
Optical
Infrared
Others
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By Application
Display/Digital Signage
Kiosks
Consumer Electronics
Laptops & Tablets and Smart Television
Smartphones & Smart Wearables
The consumer electronics segment is showing substantial growth owing to its multiple operations in the touch screen display market, which is further distributed into laptops & tablets, and smart TVs as well as smartphones & smart wearables. The smartphone sub-segment is showing an enormous rise due to added demand due to the advancement in technology. Several characteristics such as exceptional picture quality, streamlined form factors, and lower battery consumption may be enforced in the touch screen display.
Likewise, the alcoves member is anticipated to depict progressive growth during the touch screen display request cast period. The growth is attributed to an enhanced shopping experience for guests. The growing demand for tone-service in banking & fiscal services along with bettered operations over services & inventions in display technology is enhancing the request growth.
By End User
Residential
Commercial
Industrial
The residential end user is anticipated to parade substantial growth during the cast period. The growth is attributed to the increase in the particular operation of Projected Capacitive (PCAP) touch screen displays in smartphones, smart wearables, and other consumer electronics products. Also, rapid-fire urbanization, life changes, lesser investment spending, and further consumers with integrated assembly options and high-capacity accouterments, consumer appliances, and electronics are purpose-fit for product life and performance.
Whereas, the commercial segment is projected to witness major growth during the cast period. The marketable use of PCAP touch panels in out-of-door public places must repel the rudiments while heavy business regions will put PCAP touchscreen continuity to the test.
Regional Analysis
Asia Pacific is prognosticated to develop at a progressive rate during the forecast period 2024-2031 The touch screen display request is being driven by the region's developing electronics sector and the appetite to spend disposable income. China is witnessing phenomenal growth in this assiduity as it's the manufacturing of touch screen displays. In North America, the request is about to boom in the read period as the region is known for the vacuity of raw accouterments & high smartphone relinquishment rate. For illustration, In 2023, Apple is set to launch its In-House touch screen displays for better request visibilities rather than depending on Samsung or LG.
The European region is anticipated to see significant growth in the future owing to the high-end demand in operations similar to education and government. also, the Middle East & Africa region is witnessing steady growth in touch screen display requests as main manufacturers are sluggishly establishing their businesses due to growing openings in the region.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Some of the major key players are BOE Technology Group, Innolux Corporation, AU Optronics Corp., Panasonic Holdings Corporation, Samsung Corporation, Corning Incorporated, Mouser Electronics Inc., NEC Corp, FUJITSU, DISPLAX, 3M and other major players.
Recent Development
In May 2023, DELL launched a new 24 Touch screen USB-C which claims to be the world’s first 23.8-inch touch monitor with ethernet connectivity.
In July 2023, ViewSonic announced the launch of the VP-16 OLED, the brand’s first portable touchscreen monitor with OLED technology.
In January 2022, NEC Corporation signed an agreement for the acquisition of Blue Danube Systems, Inc., a U.S.-based company that provides 5G RAN along with CBRS, 4G products.
Report Attributes | Details |
---|---|
Market Size in 2023 | US$ 77.10 Billion |
Market Size by 2032 | US$ 249.33 Billion |
CAGR | CAGR of 13.7 % From 2024 to 2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Drivers | • Enhanced user experience while using mobiles, laptops, etc • Various advancements in technology • Growing Demand for Interactive Displays |
Restraints | • Limited Screen Size for Certain Applications • Difficulty in entering the markets in budget-conscious areas |
Ans: The Touch Screen Display Market is expected to grow at a CAGR of 13.7%.
Ans: Touch Screen Display Market size was USD 77.10 billion in 2023 and is expected to Reach USD 215.35 billion by 2031.
Ans: Limited Screen Size for Certain Applications
Ans: APAC is the dominating region in the Touch Screen Display Market.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact of Russia-Ukraine Crisis
5.2 Impact of Economic Slowdown on Major Countries
5.2.1 Introduction
5.2.2 United States
5.2.3 Canada
5.2.4 Germany
5.2.5 France
5.2.6 UK
5.2.7 China
5.2.8 Japan
5.2.9 South Korea
5.2.10 India
6. Value Chain Analysis
7. Porter’s 5 Forces Model
8. Pest Analysis
9. Touch Screen Display Market Segmentation, By Screen Type
9.1 Introduction
9.2 Trend Analysis
9.3 Capacitive
9.4 Resistive
9.5 Optical
9.6 Infrared
9.7 Others
10. Touch Screen Display Market Segmentation, By End User
10.1 Introduction
10.2 Trend Analysis
10.3 Residential
10.4 Commercial
10.5 Industrial
11. Touch Screen Display Market Segmentation, By Application
11.1 Introduction
11.2 Trend Analysis
11.3 Display/Digital Signage
11.4 Kiosks
11.5 Consumer Electronics
11.5.1 Laptops & Tablets and Smart Television
11.5.2 Smartphones & Smart Wearables
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 Trend Analysis
12.2.2 North America Touch Screen Display Market by Country
12.2.3 North America Touch Screen Display Market By Screen Type
12.2.4 North America Touch Screen Display Market By End User
12.2.5 North America Touch Screen Display Market By Application
12.2.6 USA
12.2.6.1 USA Touch Screen Display Market By Screen Type
12.2.6.2 USA Touch Screen Display Market By End User
12.2.6.3 USA Touch Screen Display Market By Application
12.2.7 Canada
12.2.7.1 Canada Touch Screen Display Market By Screen Type
12.2.7.2 Canada Touch Screen Display Market By End User
12.2.7.3 Canada Touch Screen Display Market By Application
12.2.8 Mexico
12.2.8.1 Mexico Touch Screen Display Market By Screen Type
12.2.8.2 Mexico Touch Screen Display Market By End User
12.2.8.3 Mexico Touch Screen Display Market By Application
12.3 Europe
12.3.1 Trend Analysis
12.3.2 Eastern Europe
12.3.2.1 Eastern Europe Touch Screen Display Market by Country
12.3.2.2 Eastern Europe Touch Screen Display Market By Screen Type
12.3.2.3 Eastern Europe Touch Screen Display Market By End User
12.3.2.4 Eastern Europe Touch Screen Display Market By Application
12.3.2.5 Poland
12.3.2.5.1 Poland Touch Screen Display Market By Screen Type
12.3.2.5.2 Poland Touch Screen Display Market By End User
12.3.2.5.3 Poland Touch Screen Display Market By Application
12.3.2.6 Romania
12.3.2.6.1 Romania Touch Screen Display Market By Screen Type
12.3.2.6.2 Romania Touch Screen Display Market By End User
12.3.2.6.4 Romania Touch Screen Display Market By Application
12.3.2.7 Hungary
12.3.2.7.1 Hungary Touch Screen Display Market By Screen Type
12.3.2.7.2 Hungary Touch Screen Display Market By End User
12.3.2.7.3 Hungary Touch Screen Display Market By Application
12.3.2.8 Turkey
12.3.2.8.1 Turkey Touch Screen Display Market By Screen Type
12.3.2.8.2 Turkey Touch Screen Display Market By End User
12.3.2.8.3 Turkey Touch Screen Display Market By Application
12.3.2.9 Rest of Eastern Europe
12.3.2.9.1 Rest of Eastern Europe Touch Screen Display Market By Screen Type
12.3.2.9.2 Rest of Eastern Europe Touch Screen Display Market By End User
12.3.2.9.3 Rest of Eastern Europe Touch Screen Display Market By Application
12.3.3 Western Europe
12.3.3.1 Western Europe Touch Screen Display Market by Country
12.3.3.2 Western Europe Touch Screen Display Market By Screen Type
12.3.3.3 Western Europe Touch Screen Display Market By End User
12.3.3.4 Western Europe Touch Screen Display Market By Application
12.3.3.5 Germany
12.3.3.5.1 Germany Touch Screen Display Market By Screen Type
12.3.3.5.2 Germany Touch Screen Display Market By End User
12.3.3.5.3 Germany Touch Screen Display Market By Application
12.3.3.6 France
12.3.3.6.1 France Touch Screen Display Market By Screen Type
12.3.3.6.2 France Touch Screen Display Market By End User
12.3.3.6.3 France Touch Screen Display Market By Application
12.3.3.7 UK
12.3.3.7.1 UK Touch Screen Display Market By Screen Type
12.3.3.7.2 UK Touch Screen Display Market By End User
12.3.3.7.3 UK Touch Screen Display Market By Application
12.3.3.8 Italy
12.3.3.8.1 Italy Touch Screen Display Market By Screen Type
12.3.3.8.2 Italy Touch Screen Display Market By End User
12.3.3.8.3 Italy Touch Screen Display Market By Application
12.3.3.9 Spain
12.3.3.9.1 Spain Touch Screen Display Market By Screen Type
12.3.3.9.2 Spain Touch Screen Display Market By End User
12.3.3.9.3 Spain Touch Screen Display Market By Application
12.3.3.10 Netherlands
12.3.3.10.1 Netherlands Touch Screen Display Market By Screen Type
12.3.3.10.2 Netherlands Touch Screen Display Market By End User
12.3.3.10.3 Netherlands Touch Screen Display Market By Application
12.3.3.11 Switzerland
12.3.3.11.1 Switzerland Touch Screen Display Market By Screen Type
12.3.3.11.2 Switzerland Touch Screen Display Market By End User
12.3.3.11.3 Switzerland Touch Screen Display Market By Application
12.3.3.1.12 Austria
12.3.3.12.1 Austria Touch Screen Display Market By Screen Type
12.3.3.12.2 Austria Touch Screen Display Market By End User
12.3.3.12.3 Austria Touch Screen Display Market By Application
12.3.3.13 Rest of Western Europe
12.3.3.13.1 Rest of Western Europe Touch Screen Display Market By Screen Type
12.3.3.13.2 Rest of Western Europe Touch Screen Display Market By End User
12.3.3.13.3 Rest of Western Europe Touch Screen Display Market By Application
12.4 Asia-Pacific
12.4.1 Trend Analysis
12.4.2 Asia-Pacific Touch Screen Display Market by Country
12.4.3 Asia-Pacific Touch Screen Display Market By Screen Type
12.4.4 Asia-Pacific Touch Screen Display Market By End User
12.4.5 Asia-Pacific Touch Screen Display Market By Application
12.4.6 China
12.4.6.1 China Touch Screen Display Market By Screen Type
12.4.6.2 China Touch Screen Display Market By End User
12.4.6.3 China Touch Screen Display Market By Application
12.4.7 India
12.4.7.1 India Touch Screen Display Market By Screen Type
12.4.7.2 India Touch Screen Display Market By End User
12.4.7.3 India Touch Screen Display Market By Application
12.4.8 Japan
12.4.8.1 Japan Touch Screen Display Market By Screen Type
12.4.8.2 Japan Touch Screen Display Market By End User
12.4.8.3 Japan Touch Screen Display Market By Application
12.4.9 South Korea
12.4.9.1 South Korea Touch Screen Display Market By Screen Type
12.4.9.2 South Korea Touch Screen Display Market By End User
12.4.9.3 South Korea Touch Screen Display Market By Application
12.4.10 Vietnam
12.4.10.1 Vietnam Touch Screen Display Market By Screen Type
12.4.10.2 Vietnam Touch Screen Display Market By End User
12.4.10.3 Vietnam Touch Screen Display Market By Application
12.4.11 Singapore
12.4.11.1 Singapore Touch Screen Display Market By Screen Type
12.4.11.2 Singapore Touch Screen Display Market By End User
12.4.11.3 Singapore Touch Screen Display Market By Application
12.4.12 Australia
12.4.12.1 Australia Touch Screen Display Market By Screen Type
12.4.12.2 Australia Touch Screen Display Market By End User
12.4.12.3 Australia Touch Screen Display Market By Application
12.4.13 Rest of Asia-Pacific
12.4.13.1 Rest of Asia-Pacific Touch Screen Display Market By Screen Type
12.4.13.2 Rest of Asia-Pacific Touch Screen Display Market By End User
12.4.13.3 Rest of Asia-Pacific Touch Screen Display Market By Application
12.5 Middle East & Africa
12.5.1 Trend Analysis
12.5.2 Middle East
12.5.2.1 Middle East Touch Screen Display Market by Country
12.5.2.2 Middle East Touch Screen Display Market By Screen Type
12.5.2.3 Middle East Touch Screen Display Market By End User
12.5.2.4 Middle East Touch Screen Display Market By Application
12.5.2.5 UAE
12.5.2.5.1 UAE Touch Screen Display Market By Screen Type
12.5.2.5.2 UAE Touch Screen Display Market By End User
12.5.2.5.3 UAE Touch Screen Display Market By Application
12.5.2.6 Egypt
12.5.2.6.1 Egypt Touch Screen Display Market By Screen Type
12.5.2.6.2 Egypt Touch Screen Display Market By End User
12.5.2.6.3 Egypt Touch Screen Display Market By Application
12.5.2.7 Saudi Arabia
12.5.2.7.1 Saudi Arabia Touch Screen Display Market By Screen Type
12.5.2.7.2 Saudi Arabia Touch Screen Display Market By End User
12.5.2.7.3 Saudi Arabia Touch Screen Display Market By Application
12.5.2.8 Qatar
12.5.2.8.1 Qatar Touch Screen Display Market By Screen Type
12.5.2.8.2 Qatar Touch Screen Display Market By End User
12.5.2.8.3 Qatar Touch Screen Display Market By Application
12.5.2.9 Rest of Middle East
12.5.2.9.1 Rest of Middle East Touch Screen Display Market By Screen Type
12.5.2.9.2 Rest of Middle East Touch Screen Display Market By End User
12.5.2.9.3 Rest of Middle East Touch Screen Display Market By Application
12.5.3 Africa
12.5.3.1 Africa Touch Screen Display Market by Country
12.5.3.2 Africa Touch Screen Display Market By Screen Type
12.5.3.3 Africa Touch Screen Display Market By End User
12.5.3.4 Africa Touch Screen Display Market By Application
12.5.3.5 Nigeria
12.5.3.5.1 Nigeria Touch Screen Display Market By Screen Type
12.5.3.5.2 Nigeria Touch Screen Display Market By End User
12.5.3.5.3 Nigeria Touch Screen Display Market By Application
12.5.3.6 South Africa
12.5.3.6.1 South Africa Touch Screen Display Market By Screen Type
12.5.3.6.2 South Africa Touch Screen Display Market By End User
12.5.3.6.3 South Africa Touch Screen Display Market By Application
12.5.3.7 Rest of Africa
12.5.3.7.1 Rest of Africa Touch Screen Display Market By Screen Type
12.5.3.7.2 Rest of Africa Touch Screen Display Market By End User
12.5.3.7.3 Rest of Africa Touch Screen Display Market By Application
12.6 Latin America
12.6.1 Trend Analysis
12.6.2 Latin America Touch Screen Display Market by country
12.6.3 Latin America Touch Screen Display Market By Screen Type
12.6.4 Latin America Touch Screen Display Market By End User
12.6.5 Latin America Touch Screen Display Market By Application
12.6.6 Brazil
12.6.6.1 Brazil Touch Screen Display Market By Screen Type
12.6.6.2 Brazil Touch Screen Display Market By End User
12.6.6.3 Brazil Touch Screen Display Market By Application
12.6.7 Argentina
12.6.7.1 Argentina Touch Screen Display Market By Screen Type
12.6.7.2 Argentina Touch Screen Display Market By End User
12.6.7.3 Argentina Touch Screen Display Market By Application
12.6.8 Colombia
12.6.8.1 Colombia Touch Screen Display Market By Screen Type
12.6.8.2 Colombia Touch Screen Display Market By End User
12.6.8.3 Colombia Touch Screen Display Market By Application
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America Touch Screen Display Market By Screen Type
12.6.9.2 Rest of Latin America Touch Screen Display Market By End User
12.6.9.3 Rest of Latin America Touch Screen Display Market By Application
13. Company Profiles
13.1 BOE Technology Group
13.1.1 Company Overview
13.1.2 Financial
13.1.3 Products/ Services Offered
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Innolux Corporation
13.2.1 Company Overview
13.2.2 Financial
13.2.3 Products/ Services Offered
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 AU Optronics Corp.
13.3.1 Company Overview
13.3.2 Financial
13.3.3 Products/ Services Offered
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Panasonic Holdings Corporation
13.4.1 Company Overview
13.4.2 Financial
13.4.3 Products/ Services Offered
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 Samsung Corporation
13.5.1 Company Overview
13.5.2 Financial
13.5.3 Products/ Services Offered
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Corning Incorporated
13.6.1 Company Overview
13.6.2 Financial
13.6.3 Products/ Services Offered
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Mouser Electronics Inc.
13.7.1 Company Overview
13.7.2 Financial
13.7.3 Products/ Services Offered
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 NEC Corp
13.8.1 Company Overview
13.8.2 Financial
13.8.3 Products/ Services Offered
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 FUJITSU
13.9.1 Company Overview
13.9.2 Financial
13.9.3 Products/ Services Offered
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 DISPLAX
13.10.1 Company Overview
13.10.2 Financial
13.10.3 Products/ Services Offered
13.10.4 SWOT Analysis
13.10.5 The SNS View
13.11 3M
13.11.1 Company Overview
13.11.2 Financial
13.11.3 Products/ Services Offered
13.11.4 SWOT Analysis
13.11.5 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3.3 Mergers & Acquisitions
15. Use Case and Best Practices
16. Conclusion
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