The latest report on “Touch Sensor Market (Type – Resistive, Capacitive, Infrared, Surface Acoustic Wave, and Optical; Technology – Conventional, Flexible, and Other Technologies; Applications – Smartphones, Tablets, Monitors, Laptops, All-in-One Pcs, Biometric Systems, Automated Teller Machines, and Other Applications): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025.” The global touch sensor market is projected to grow at a CAGR of 12.2% over the forecast period of 2019-2025.
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Touch sensing is widely used in various commercial products such as smartwatches, mobile phones, tablets, and TVs. Recently, remote gesture sensing is covering both academy and industry as it can offer additional user-experience for mobile interface. As mobile computing and connectivity are essential in the digital lifestyle, users will demand a high-fidelity touch and display a user interface to interact with their devices. The capacitive remote gesture sensing is mainly based on detecting self-capacitance, achieving high resolution by eliminating the parasitic mutual capacitance. Capacitive touch sensing is the leading technology for notebook, slate, and handheld devices. Multi-finger applications have developed to make use of capacitive sensing capabilities.
Advancement in Technology, Growing Digital Technology, and Increasing Use of Touch-Enabled Displays are Other Driving Factors for the Market Growth
The rise of touch sensors in various consumer electronics devices such as smartphones and tablets, remote controls, control panels of different home appliances in the industrial and automotive industry is the major driving factor for the touch sensor market. Furthermore, factors such as advancement in technology, growing digital technology, and increasing use of touch-enabled displays are other driving factors for the market growth.
The demand for touch sensors is growing in electronic appliances due to it provides user-friendly interface consumes less power, and control high and low voltage devices. An increase in demand for sensors in the development of smart cities is fueling the growth of the market. However, incorporation of the sensor in devices incurs additional value and reduces the life of the device that hampers the market growth. Moreover, integration in touch-enabled devices that are used in the retail and corporate sector is expected to provide growth opportunities to the market players.
North-America Dominates the Global Touch Sensor Market
Geographically, North-America dominates the global touch sensor market owing to the presence of early technology adopters and high penetration of smartphones and tablets in this region. Asia-Pacific is expected to grow with the highest CAGR in the forecasted period due to the extensive availability of low -cost consumer electronic devices such as smartphones & tablets.
The report on the global touch sensor market covers segments such as type, technology, and applications. On the basis of type, the sub-markets include resistive, capacitive, infrared, surface acoustic wave, and optical. On the basis of technology, the sub-markets include conventional, flexible, and other technologies. On the basis of applications, the sub-markets include smartphones, tablets, monitors, laptops, all-in-one pcs, biometric systems, automated teller machines, and other applications.
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The report provides profiles of the companies in the market such as Atmel Corp, 3M Touch Systems Inc., Banpil Photonics Inc., Cypress Semiconductor Corp, DMC Co., Ltd., Freescale Semiconductor Ltd., Neonode Inc., Fujitsu Ltd, Honeywell International Inc., Infineon Technologies AG, and other companies.
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=> Comprehensive analysis of global as well as regional markets of the touch sensor.
=> Complete coverage of all the product type and application segments to analyze the trends, developments, and forecast of market size up to 2025.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.