Technological advances in the devices used by end users in the consumer and enterprise markets are driven by the need for better user interfaces and space optimization. In response to this demand, the end-user device market has shifted to touch screens, and there are few device segments where touch screens are not implemented. The proliferation of touch screens in the market and the resulting growth of touch screen technology must be complemented by touch controller ICs that act as a control device for touch screens.
With a CAGR of 12% over the forecast period, the global touch controller IC market is anticipated to reach revenues of roughly US$ 3,753.1 million by 2032, up from US$ 1,213.3 million in 2022.
The consumer and enterprise markets’ adoption of technologically advanced devices driven by the demand for a better user interface and space optimization will have a positive impact on the market outlook for touch controller integrated circuits.
Download Sample Copy of Report@
https://www.futuremarketinsights.com/reports/sample/rep-gb-4725
Touch Controller IC Market: Drivers and Challenges
IoT devices are rapidly adopting by users who increasingly rely on touch screens for an improved user experience. Operating systems and software solutions are also being redesigned to work seamlessly with touch-enabled devices with touch controller ICs.
This in turn is driving the demand for touch screens and touch controller ICs in the market. While touch screens enable features such as improved user interfaces and device space optimization, they are prone to damage and are more expensive than keypad-based systems.
This is why many devices that operate in harsh or industrial environments prefer keypad-based systems over touch controls. The fragile nature of touch screens is hindering the growth of the touch controller IC market.
Touch Controller IC Market: Regional Overview
North American users have the ability to spend and tend to adopt more expensive devices faster than elsewhere. The number of devices per user is expected to increase in the region over the next few years, driving the growth of Touch Controller ICs in the region.
APAC and Europe are also expected to contribute significantly to the touch controller IC market, owing to the growth of industrial automation and the increasing economics of touch screens manufactured by local vendors.
Customization Request@
https://www.futuremarketinsights.com/customization-available/rep-gb-4725
Touch Controller IC Market: Competitive Landscape
- Touch Controller IC Market: Major Contracts/Contracts/Acquisitions
- ST Microelectronics has been selected as the leading game console provider for Nintendo to provide touch controller ICs for its Nintendo Switch products.
- Touch Controller IC Market: Key Players
Key players in the touch controller IC market include Synaptics Inc., Texas Instruments Inc., NXP Semiconductors NV, ROHM Semiconductors, and Samsung Electronics Co. Ltd., ST Microelectronics, Integrated Device Technology Inc., Analog Devices Inc., Melfas Inc. . and Focal Technology Systems co. Corporation
Regional analysis of Touch Controller IC market includes development of these systems in the following regions:
- North America
- USA and Canada
- Latin America
- Brazil, Argentina and others
- Europe
- EU5
- North Europe
- Benelux
- Poland
- russia
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
- Japan
- Middle East and Africa
- GCC countries
- Other Middle East
- north africa
- South Africa
- other africa
The report is a compilation of first-hand information by industry analysts, qualitative and quantitative assessments, and input from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors, as well as market attractiveness by segment. The report also maps the qualitative impact of various market factors on market segments and regions.
Ask about this report@ https://www.futuremarketinsights.com/ask-question/rep-gb-4725
Touch Controller IC Market: Segmentation
Segmentation of Touch Controller IC Market by Screen Technology
- Touch controller IC for capacitive touch screen
- Capacitive touch screens work on the principle of capacitive touch sensing, which uses the human body’s electric charge to sense input. These screens have a layer of safety glass that increases durability. These types of screens are more accurate and can accept a variety of touch inputs. The reason capacitive touch screens are widely adopted is because they are superior in durability and usability.
- Touch controller IC for resistive touch screen
- Resistive touch screens use the mechanical action of human touch to connect two flexible layer sensors together to generate input. Unlike capacitive screens, resistive screens are covered with a layer of polyurethane sheet for flexibility. This screen technology is not preferred for devices as it is not durable and has a poor user experience.
Related Link :
https://drujrake.mn.co/posts/29594362
https://cigarbook.mn.co/posts/29594368
https://hackmd.io/ohapaZVWQaa1foJ8BW-4aw
About Us
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact Us:
Future Market Insights,
Unit No: 1602-006,
Jumeirah Bay 2,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers,
Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs