The Global Market for Projected Capacitive Touch Controller IC is Projected to Reach US$2.6 Billion by 2020
Rising Adoption of
Touch Interface in Consumer Electronics Spurs Demand for Touch Controller IC,
According to a New Report by Global Industry Analysts, Inc.
GIA launches comprehensive analysis of industry segments,
trends, growth drivers, market share, size, and demand forecasts on the global Touch
Controller IC market. The
global market for projected capacitive Touch Controller IC is projected to
reach US$2.6 billion by 2020, driven by the rising popularity of touch screens in
consumer devices.
A touch controller IC, an essential component of the
touch screen panel, acts as the link between the display panel and touch sensor
in touch-based devices. Defined as a non-memory based semiconductor, a touch
controller IC is designed to convert analog signals created by touching of the
screen in a specific location into agile digital signals. An upstream business
segment of the touch screens market, demand patterns are hugely influenced by the
production of touch screens/panels. Consumer electronics represents the largest
end-use market for touch control ICs, with growth anticipated from the
continuous rise in shipments of touch-enabled consumer electronic devices.
Of the various types of touch screen technologies, capacitive
touch technology has managed to gain an edge over resistive and
other technologies owing to factors such as multi-touch inputs and competitive
manufacturing costs. Projected capacitive touch controller IC represents the most
widespread type of touch controller chip used in touch-enabled devices. The
market for projected
capacitive touch controller IC continues to benefit from the rising sales
of mobile devices. Smartphones constitutes the primary application market for
projected capacitive touch screen ICs, with media tablets emerging as another
key market for the technology. Declining prices of projected capacitive controller
ICs, over the years, has enabled the technology to be applied even in low-end
handsets. Revenue growth in the projected capacitive touch controller ICs
market is expected to come from widespread adoption in a wide range of consumer
electronics devices including digital cameras, portable gaming devices,
laptops, and e-book readers, among several others.
As stated by the new market research report on Touch
Controller IC, Taiwan represents the largest market for projected
capacitive touch controller IC, globally. China, the world’s largest smartphone
market, is set to emerge as the fastest growing market with a CAGR of 8.4% over
the analysis period.
Major players covered in the report include 3M Company,
Atmel Corporation, Broadcom Corporation, Cirque Corporation, Cypress
Semiconductor Corporation, eGalax_eMPIA Technology Inc., Elan Microelectronics
Corporation, FocalTech Systems Co. Ltd., Freescale Semiconductor Inc., MediaTek,
Shenzhen Huiding Technology Co. Ltd., Maxim Integrated Products Inc., MELFAS Co. Ltd., Microchip Technology Inc.,
Semtech Corporation, STMicroelectronics NV , Synaptics Corporation, and Texas
Instruments Inc.
The research report
titled “Touch Controller IC: A Global Strategic Business
Report” announced by Global
Industry Analysts Inc., provides a comprehensive review of market trends,
growth drivers, product innovations and strategic industry activities of major
companies worldwide. The report provides market estimates and projections for
Projected Capacitive Touch Controller IC in US$ Million for all major
geographic markets including the US, Japan, Europe, Taiwan, China, South Korea,
and Rest of World. The global market for
Projected Capacitive Touch Controller IC is also analyzed by the following end-use
applications - Smartphones and Others (Includes Tablets, Laptop/Notebook, and
Monitors.)
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