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.)

Global Industry Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA, All Rights Reserved.

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