Touchscreen display market is anticipated to grow at a significant CAGR of 8.0% during the forecast period. The growth of the market is attributed to factors such as the increasing adoption of touch-based devices, rising demand for interactive displays in various industries, and advancements in touchscreen technology. For instance, in September 2020, SigmaSense LLC developed high-speed sensor fusion touch controller technology that enables touch sensing through thick glass, bulky gloves, and liquids. The technology is a breakthrough in touch-screen technology and is on the verge of transforming the industry. Further, the proliferation of smartphones and tablets is expected to fuel the demand for touchscreen displays. For instance, in the automotive sector, touchscreens are being widely incorporated into infotainment systems to enhance the user experience. For instance, in February 2023, General Motors invented a self-cleaning touchscreen display that uses a photocatalytic coating and violet light to remove fingerprints and other blemishes.
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Among the end-users, the consumer electronics segment is expected to witness significant growth, driven by the increasing demand for smartphones, tablets, and other touch-enabled devices. Therefore market players are considerably contributing to the market growth by adopting various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches to stay competitive in the market. For instance, in May 2023, the iQOO Pad launched with a MediaTek Dimensity 9000+ SoC and a 144Hz display. The tablet has a 12.1-inch IPS LCD touch panel with a 2.8K resolution, a 7:5 aspect ratio, and a peak brightness of 600 nits. The iQOO Pad is equipped with a 14442mm VC cooling chamber for heat dissipation. It has up to 12GB LPDDR5 RAM and 512GB onboard storage. The tablet comes with a 10,000mAh battery unit.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Touchscreen Display Market Report Segment
By Type
- LCD
- LED
- OLED
- Others( e-paper displays, MicroLED displays)
By End-Users
- Consumer Electronics
- Retail and Hospitality
- Healthcare
- Automotive
- Industrial
- Others(Banking and Financial Services, Education,Transportation)
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global global touchscreen display market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who stands where’ in the market
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