Touch Sensor Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026
- Transparency Market Research
Touch sensors detect touch or the presence of close objects without relying on physical contact. Since, it does not have any moving parts like that of mechanical switch or potentiometer, it is more convenient and reliable to use. It is one of the important components used in touch screen alongside a controller integrated circuit and software driver. Thus, touch sensors with rotary wheels, linear or rotational sliders, and touch pads offer major advantages for in-built user interfaces. Moreover, they can be updated with simple software changes. Therefore, they have been used in cellular handsets and automated teller machines for a long time. However, owing to their falling prices, their applications are further extended to include devices such as public information displays, retail and restaurant systems, customer self-service, control and automation systems, digital jukeboxes, financial and scientific applications, ticket sales in airports and movie theaters, etc.
Advancement in technology in conjunction with the staggering growth of hand-held devices such as cellular handsets, laptops, tablets, etc. is the key factor driving the touch sensor market across the world. Its simple user interface and low response time allows its use in the devices where space is at a premium. Thus, owing to its defined interface, the designer has greater design freedom at a reduced overall system cost. Furthermore, owing to its power efficiency and compact structure, it can be easily integrated in handheld devices such as cellular handsets. Also, it provides quick access to any and all type of digital media assisting multi-functionally of the device. Moreover, as the touch sensor is completely sealable it creates a device that is resistant to water spills and dusts to a larger extent. Therefore, it is expected to be increasingly used to enable lighter and thinner handsets and other portable devices in the future.
Accidental touch and high sensitivity are the only key limitations that are affecting the touch sensor market. However, several manufacturers are including additional features to control these parameters in the settings menu of the device, thus leaving an insignificant impact on the high market growth.
An opportunity that is anticipated to boost the touch sensor market include its integration in touch-enabled devices that are used in retail and corporate sector. In these sectors, it is increasingly used to enhance product and service offerings aiding customer engagement and business growth. Apart from this, mechanical button and switch replacement in applications such as home entertainment system and home appliances are further expected to provide opportunities to the touch sensor market.
The touch sensor market can be classified on the basis of type, technology, application, and geography. Based on type, the touch sensor market can be segmented into resistive, capacitive, infrared, surface acoustic wave, and optical. Based on technology, the touch sensor market can be segmented into conventional, flexible, and others. Based on application, the touch sensor market can be segmented into smartphones, tablets, monitors, laptops, all-in-one PCs, biometric systems, automated teller machines, and others. Others comprises of music player, digital signage, personal digital assistant, and gaming console. Based on geography, the touch sensor market can be segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America. North America and Asia Pacific are expected to be highly attractive regions for the touch sensor market owing to the presence of a large number of consumer electronics manufacturers in these regions.
Prominent players operating in the touch sensor market include 3M Touch Systems Inc., Atmel Corp, Banpil Photonics Inc., Cypress Semiconductor Corp, DMC Co., Ltd., Freescale Semiconductor Ltd., Fujitsu Ltd, Honeywell International Inc., Infineon Technologies AG, Neonode Inc., ON semiconductor Corp, Siemens AG, and Texas instruments, Inc.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
Have query on this report?Make an Enquiry
The team was the biggest help to us. Not only were we provided with customized solutions but also we were guided through the most complicated situations. The information was on-point yet comprehensive. The experience was absolutely satisfying and helped us turn many challenges into opportunities.
Ours is a startup with a unique set of challenges and we were therefore hesitant but the team totally put us at ease with their knowledge and expertise. Our business and its challenges were understood perfectly and help was extended accordingly. The tailor made approach really helped us gain the most informative insights.
The report repository is absolutely impressive –updated and exhaustive in terms of markets covered and information provides. Besides, with the support extended to us by the team, we could reduce costs as well as move to sustainable growth. This really helped us tap into new opportunities. Happy to have gone ahead with ResearchMos.us.
We have had a long term engagement with ResearchMoz.us and never have we felt that the work done and help extended were below flawless. The report repository is one of the best one can hope to tap into. Recently, our partner businesses opted for consultancy services and they are all thrilled with the outcome.
Insights from reports helped us improve our profit margins significantly. Most of the knowledge we needed on the market were provided to us on a granular basis. From trends, and drivers to competitive analysis, the information was not just crisp but also insightful. That helped us chart a robust growth strategy and as of now we are happy to state that we are reaping big benefits.