A touchscreen controller is an electrical device that controls how a touchscreen functions. Users can interact with a computer using their finger or a stylus thanks to the touch screen, which serves as both an input and output device. Touch screen controllers are used in a wide range of sectors, including healthcare, automotive retail, consumer electronics, aerospace, and defense, as well as education, business, and the built environment.
Because touch screen controllers support gestures like slide, pinch-to-zoom, swipe (or flick), or twist in addition to hold and press, technological advancements in gesture recognition technology have contributed to the market’s growth (or long press). The market for touch-screen controllers has also been considerably impacted by the vehicle industry.
As sales of touch screens keep going up, resistive touchscreens are being replaced in cars by capacitive touchscreens that are projected onto the screen. With so many requirements to meet, designing a great touch interface may be very challenging. If a system is not created with careful thought, different requirements may conflict and cause trade-offs.
Opportunities in the touch screen controller market
The primary factor propelling the growth of the touch screen controller market is the rising demand for touch screen controllers in consumer electronics. The industry is growing since touch screen controllers are increasingly being used in laptops, tablets, and smartphones. The market is expanding as a result of the rising demand for wearable gadgets like fitness bands and smartwatches.
The market for touch screen controllers has a significant opportunity due to the rising demand for 3D touch screens. A more natural and intuitive method to interact with electronics is through 3D touch screens. They enhance the game experience and are particularly helpful in industrial settings.
Important Note:ย The companies listed in the image above are for reference only. The final study will cover 18โ20 key players in this market, and the list can be adjusted based on our clientโs requirements.
Market Restraints for Touch Screen Controllers
The market for touch-screen controllers is largely constrained by the high price of these controllers. The technology that the touch screen controllers are based on necessitates specialised production processes and tools. The high cost of these controllers is a result of this. The lack of qualified employees for their installation and maintenance further restrains the market for touch-screen controllers.
Key Trends in the Touch Screen Controllers Market
One of the most common types of controllers used in industrial and commercial applications are touch-screen controllers. To connect a touch screen with a host system, a touch screen controller, a specialised microcontroller, is used. Touch screen controllers are used in a variety of applications such as gaming, POS, automotive, and human-machine interaction. From 2019 to 2024, the market for touch screen controllers is projected to expand at a CAGR of 5.0%. The increasing need for touch screen controllers in consumer electronics and automotive applications is what is driving the market. But the expensive price of touch-screen controllers is limiting market expansion.
During the projected period, the automotive touch screen controllers segment is anticipated to develop at the greatest CAGR. The rising need for safety and infotainment features in automobiles is what is driving the market for automotive touch screen controllers. During the projected period, the market for touch screen controllers in Asia-Pacific is anticipated to develop at the greatest CAGR. The growth of the market in this region is being driven by the growing demand for touch screen controllers in consumer electronics and cars.
Market drivers for touch screen controllers
Over the years 2019 to 2024, the market for touchscreen controllers is anticipated to expand at a CAGR of over 13%. Touchscreen controllers are becoming more popular in many different industries, such as retail, healthcare, and consumer electronics. This is expected to make the market for them grow.
The market for touchscreen controllers is anticipated to increase as a result of the rising demand for advanced driver assistance systems and in-vehicle infotainment systems in the automotive industry. The market for touchscreen controllers is anticipated to increase as a result of the rising demand for touchscreen-capable smartphones, tablets, and laptops in the consumer electronics industry. The market for touchscreen controllers is predicted to increase as a result of the rising demand for self-service kiosks and POS terminals in the retail industry. The demand for patient monitoring systems and medical imaging equipment in the health care industry is expected to make the market for touchscreen controllers grow.
Impact of the Touch Screen Controllers Market, COVID-19
The market for touch-screen controllers has been significantly impacted by the COVID-19 outbreak. Due to the lockdown imposed by various governments across the world, the market has been seeing a reduction in demand from a variety of end-use industries, including automotive, consumer electronics, and healthcare. One of the key end-users of touch-screen controllers is the automotive industry, which has been greatly impacted by the COVID-19 epidemic.
The shutdown has caused a disruption in vehicle production, which has had a direct effect on the market for touch-screen controllers. Another significant end-user of touch-screen controllers is the consumer electronics sector, although demand for these goods has decreased as a result of the COVID-19 outbreak. Another big end-user of touch-screen controllers is the healthcare sector, which has been significantly impacted by the COVID-19 outbreak. Due to the COVID-19 outbreak, a fall in the market for touch screen controllers is anticipated soon.
Key Industry Developments in the Touch Screen Controllers Market
A touch screen controller is a tool used to manage a touch screen’s functionality. Touch displays are becoming more and more common in a range of devices, including laptops, tablets, and smartphones. Typically, a touch screen controller is a tiny, customised microcontroller created specifically to function with a touch screen. On the market, there are many different touch-screen controllers, each with a unique set of features and functionalities. Certain touch screen controllers, such as those for capacitive or resistive touch panels, are made to work with only those kinds of touch screens. Others are made to function with various kinds of touch screens.
The ability to track the position of a finger or stylus on the touch screen, estimate the size of a finger or stylus, recognise motions, and decipher complicated touch patterns are just a few of the built-in features that are often included with touch screen controllers. Pressure-sensitive input, which can be used to determine how much pressure is being applied to the touch screen, is also supported by some touch screen controllers.
The market for touch-screen controllers is primarily driven by the increase in demand for touch-enabled devices. Touch displays are becoming more and more common in a range of devices, including laptops, tablets, and smartphones. The demand for touch screen controllers is anticipated to rise as touch displays become more prevalent. The market for touch-screen controllers is also being driven by augmented reality (AR) and gaming’s rising popularity. Since touch screens offer a more immersive and interactive experience than conventional input devices like keyboards and mice, they are ideal for gaming and augmented reality (AR) applications.
The market for touch-screen controllers is also being driven by the rising use of OLED panels. OLED screens provide greater image quality than conventional LCD panels while being lighter and thinner. Additionally, they permit the incorporation of a touch sensor layer, doing away with the requirement for a separate touch screen. The growing popularity of automobile entertainment systems is another factor driving the demand for touch-screen controllers.
Future Prospects for the Touch Screen Controller Market
During the projected period of 2020โ2025, the worldwide market for touch screen controllers is anticipated to expand at a CAGR of about 8%. The rising demand for smartphones and tablets, the popularity of wearable technology, and the expanding use of touchscreen technology in automobiles are the main drivers propelling the growth of the market for touch screen controllers. During the projection period, the market is expected to grow, but the high price of touch screen controllers is expected to slow market growth somewhat.
The touch screen controller market is divided into three categories: product type, application, and region. The market is segmented into resistive, capacitive, optical, and other product types. The touch screen controller market is segmented into smartphones, tablets, wearables, laptops and PCs, and others, depending on application. The touch screen controller market is divided into five geographic segments: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Due to the rising demand for touchscreen-capable devices in the area, North America is anticipated to hold the highest share of the market throughout the forecast period.
Global Touch Screen Controller Market Segmentation:
Market, by Technology
- Resistive
- Capacitive
- Surface Acoustic Wave Touch Screen
- Infrared Touch Screen
ย Market, by Screen size
- Small
- Medium
- Large
By End-user
- Industrial
- Heatlhcare
- Consumer Electronics
- Retail
- Automotive
- BFSI
- Other End Users
Geography | ||||||||
|
||||||||
|
||||||||
|
||||||||
|
||||||||
|
Leading companies in the Touch Screen Controllers Market:
- Texas Instruments Incorporated
- Microchip Technology Inc.
- Analog Devices, Inc.
- Synaptics Incorporated
- STMicroelectronics
- NXP Semiconductors N.V.
- Cypress Semiconductor Corporation
- ON Semiconductor
- Atmel Corporation
- Melfas Incorporated
Please note: This is a preliminary list; the final study will feature 18โ20 leading companies in this market. The selection of companies in the final report can be customized based on our client’s specific requirements.