NEW YORK, Nov. 8, 2021 /PRNewswire/ — The touch controller IC market is set to grow by USD 6.67 billion at over 15% from 2019 to 2024, according to the latest research report from Technavio. The report offers a comprehensive analysis of the strategies adopted by vendors and the trends, drivers, and challenges affecting the market size.
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The market is anticipated to be driven by the adoption of new technologies. In addition, the rising adoption of touch screens in the retail and healthcare sector, particularly from the emerging economies in the APAC region will fuel the market growth during the forecast period.
The Touch Controller IC Market is segmented by Product (automotive, smartphones, ATMs, interactive displays, smart watches, smart bands, tablets, and interactive kiosks) and Geography (APAC, Europe, MEA, North America, and South America). 43% of the growth will originate from APAC with China, Taiwan, and South Korea emerging as the key revenue-generating economies of this region. This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
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The touch controller ic market covers the following areas:
Touch Controller IC Market Sizing
Touch Controller IC Market Forecast
Touch Controller IC Market Analysis
Companies Mentioned
- Analog Devices Inc.
- Cypress Semiconductor Corp.
- FocalTech Systems Co. Ltd.
- MELFAS Inc.
- Microchip Technology Inc.
- ROHM Co. Ltd.
- Semtech Corp.
- Silicon Laboratories Inc.
- Synaptics Inc.
- Texas Instruments Inc.
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Touch Controller IC Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2019 |
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Forecast period |
2020-2024 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 15% |
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Market growth 2020-2024 |
$ 6.67 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
15.12 |
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Regional analysis |
APAC, Europe, MEA, North America, and South America |
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Performing market contribution |
APAC at 43% |
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Key consumer countries |
China, Taiwan, and South Korea (Republic of Korea) |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
Analog Devices Inc., Cypress Semiconductor Corp., FocalTech Systems Co. Ltd., MELFAS Inc., Microchip Technology Inc., ROHM Co. Ltd., Semtech Corp., Silicon Laboratories Inc., Synaptics Inc., and Texas Instruments Inc. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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