About Touch Screen Module
Touch Screen Module are devices which are developed using transparent electrode along with transparent film. This device acts as a sensor on its own. When a user touches the touch screen module at any position, then the microprocessors and related software integrated with device processes the coordinates on the device where contact was made. This results in a touch interface. There are different types of touch screen modules such as Resistive, Capacitive, Optical Imaging and Infrared. This touch screen modules are then integrated into different consumer electronics such as mobiles, tablets and others. The market of Touch Screen Modules is an ever growing one, with rising number of smart phone users and increase in disposable incomes of individuals. Geographically, Asia Pacific is the largest market followed by North America.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.6% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Samsung Electronics Co. Ltd. (South Korea), LG Display Co., Ltd. (South Korea), ELK Corporation (South Korea), Fujitsu Component Limited (Japan), HannsTouch Solution Incorporated (Taiwan), Shenzhen O-Film Tech Co., Ltd. (China), Iljin Display Co. Ltd. (South Korea), Innolux Corporation (Taiwan), Touch International, Inc. (USA) and Elo Touch Solutions, Inc. (USA) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Alps Electric Co., Ltd. (Japan), MELFAS, Inc. (South Korea) and TPK Holding Co., Ltd. (Taiwan).
Segmentation Overview
AMA Research has segmented the market of Global Touch Screen Module market by Type (Resistive, Capacitive, Optical Imaging and Infrared) and Region.
On the basis of geography, the market of Touch Screen Module has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel , the sub-segment i.e. Direct will boost the Touch Screen Module market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. Retail will boost the Touch Screen Module market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Platform , the sub-segment i.e. Mobile will boost the Touch Screen Module market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Resistive Segment is the Dominant Segment of All Other Segments
Market Growth Drivers:
Growth of Consumer Electronics Market and Advancement in Screen Module Technology
Challenges:
Presence of Large Number of Players in the Market
Restraints:
Inefficiencies in Supply Chain due to recent Pandemic
Opportunities:
Consumer Electronics will continue to Grow with Emergence of Innovative End Products
Market Leaders and their expansionary development strategies
In 2021, Touch Embedded Solutions (Xiamen) Co., Ltd., one of the market leaders in ODM services along with providing integration of touch screen modules, audio and motherboard components has announced acquisition of majority stakes of 51% in Agile Display Solutions. Agile Display provides solutions in design and development of Display Modules. The combined synergies and solutions offered by the two companies will enable them to better serve the customers.
Key Target Audience
Touch Screen Module Manufacturers, Suppliers and Distributors, Component Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.