Touch Screen
Controllers Market - Overview
The need for touchless technology has gained such
momentum that it has led to unparalleled development of Touch Screen Controllers Market 2020. The semiconductors
& electronics industry reports are produced by Market Research Future,
which highlights market options for expansion.
A revenue level of USD 10 billion is likely to be realized with a 16%
CAGR by the end of 2022.
To ensure the
proper working of these screens, there is a requirement for an intermediate
medium. These mediums are what require the touch screen controllers. The touch
screen controllers market is witnessing an increased demand because of this
reason. Also, these controllers can be uses as circuits that end up acting like
an interface in between the sensor, as well as, the device. The global touch screen
controller market is subject to high competition and is experiencing domination
by the manufacturers of touch screen devices.
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Segmental Analysis
The segmental insight into the touch screen
controllers market is carried out on the basis of interface, application,
end-users, technology, and region. Based on the types, the touch screen
controllers market has been divided into resistive and capacitive controller.
Based on the interfaces, the touch screen controllers market is segmented into
USB, URT, I2C, and SPI. The application-based segmentation of the touch screen
controllers market consists of media players, GPS devices, smartphones, control
displays, and others. Based on the end-users, the touch screen controllers
market consists of banking, automotive, industrial, consumer electronics, and
healthcare, among others. On the basis of regions, the touch screen controllers
market has been segmented into Europe, Asia-Pacific, North America, and RoW.
Detailed Regional Analysis
The region-based examination of the touch screen
controllers market includes regions such as Europe, Asia-Pacific, North
America, and RoW. Within all the regions, the region of Asia-Pacific was
credited for the significant market share above all in the countries of China,
Japan, and India chiefly due to speedy advance of industrial automation,
escalating investments in the manufacturing sector, and progressive systems
integrated with touchscreens. The North American regional market is anticipated
to mature at a sturdy rate. The European regional market closely follows the
North American region in terms of market share in the forecast period.
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Competitive Analysis
The effect of unpredictable events has created
substantial barriers that will have to suitably addressed and overcome to
achieve normalcy in the global market. The need to invest in building a robust
consumer base is estimated to rank on the top priorities of market leaders for
the upcoming period. The weakening of trade channels is projected to present
new challenges that have to be overcome expediently in the coming years. The
regulations in various regions can be relied upon to rebuild market clout
gradually in the future. The establishment of a definite competitive advantage
is estimated to spur market development in the forecast period. The inducements
offered by the government are expected to display a positive influence on the
overall market development in the impending period. The reinvention of the supply
chains by integrating robust technology in them is estimated to spur the
expansion of the market in the near-term period. The state of technological
development is estimated to be staggered as the development of the global
market is at a relative standstill.
The distinguished players in the touch screen
controllers report are ELAN Microelectronic Corp (Taiwan), Broadcom Corporation
(U.S.), Integrated Device Technology, Inc. (U.S.), MELFAS Co. Ltd (Korea),
STMicroelectronics (Switzerland), Samsung Electronics Co. Ltd. (South Korea),
Analog Devices, Inc (U.S.), Texas Instruments Incorporated (U.S.), NXP
Semiconductors N.V. (Netherlands), Synaptics Incorporated (U.S.) and others.
Industry Updates:
Apr 2020 DualSense (DualShock 5) wireless controller for PlayStation 5 has recently debuted a center-mounted touchpad. The new product is expected to feature a slightly better look and sense, which generally has to do with the smart repositioning of the light bar to each side of the touchpad.
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