Market outlook of the global capacitive touchscreen market
Capacitive screen displays rely on the electrical properties of the human body to detect touches. These displays can be controlled with very light touches and generally cannot be used with a mechanical stylus or a gloved hand. The global market for capacitive touchscreens is positively influenced by factors like the growing smartphone and tablet market and is expected to post a healthy market growth rate of more than 7% by 2019.
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The increasing screen size of smart devices is a key driver for the growth of this market. Consumers nowadays prefer large-screen devices because of their enhanced visual experience and ease of operability. This augmented preference for large-screen handsets in the medium to large-scale price segment is expected to foster market growth during the forecast period.
Application-based segmentation of the capacitive touchscreen market
High market share of the smartphones segment can be attributed to the growing number of internet users and the development of 3G and 4G infrastructures during the forecast period.
Geographical segmentation of the capacitive touchscreen market
In this market study, analysts envisage the APAC region to dominate over all other geographies during the forecast period. Factors like the presence of leading smartphone and tablet manufacturers in this region is expected to result in APAC’s high market share of more than 79% during the forecast period.
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Competition in this market is intense due to the presence of multiple large and small vendors. As most of the vendors are located in and around the APAC region, it acts as a potential market for touchscreens during the forecast period. Additionally, vendors in this market are establishing partnerships with their customers to sustain themselves in the market. This recent increase in partnerships is expected to shape the competitive landscape of the market during the forecast period.
Key vendors in this market are:
- Nissha Printing
- Young Fast Optoelectronics
Other prominent vendors in this market are AU Optronics, HannsTouch Solution, Innolux, Iljin Display, MELFAS, and Truly Semiconductors.
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