Capacitive Touchscreen Market to Grow at 7% CAGR Driven by Smart Devices to 2019

Jan 15, 2016, 03:00 ET from ReportsnReports

PUNE, India, January 15, 2016 /PRNewswire/ --

The global capacitive touchscreen market report analyzes that the growth of smartphones and tablets is one of the major drivers in the market and is expected to post a healthy market growth rate of more than 7% by 2019. The declining ASP of smartphones and tablets has made them more affordable for consumers and the penetration into the market is expected to increase during the forecast period 2015-2019.

Complete report on capacitive touchscreen market spread across 58 pages, analyzing 4 major companies and providing 30 data exhibits is now available at http://www.reportsnreports.com/reports/451935-global-capacitive-touchscreen-market-2015-2019.html.

Capacitive screen displays rely on the electrical properties of the human body to detect touches. These displays can be controlled with very light touches and generally cannot be used with a mechanical stylus or a gloved hand.  The multi-touch allows two or more fingers to be used on the screen at the same time. Apple first introduced the technology by using it to allow pinching and stretching gestures for zoom control. Multi-touch is seen in capacitive touchscreen displays as resistive touchscreen displays do not support this feature. It can be seen as a replacement for keypads. Order a copy of Global Capacitive Touchscreen Market 2015-2019 report @ http://www.reportsnreports.com/Purchase.aspx?name=451935.

The global capacitive touch screen market research analyst has estimated the smartphones and tablets segment to dominate over all other segments during the forecast period. High market share of the smartphones segment can be attributed to the growing number of internet users and the development of 3G and 4G infrastructures during the forecast period.

In this market study, analysts envisage the APAC region to dominate over all other geographies during the forecast period. Factors like the presence of leading smartphone and tablet manufacturers in this region is expected to result in APAC's high market share of more than 79% during the forecast period.

Competition in capacitive touchscreen market is intense due to the presence of multiple large and small vendors. As most of the vendors are located in and around the APAC region, it acts as a potential market for touchscreens during the forecast period. Additionally, vendors in this market are establishing partnerships with their customers to sustain themselves in the market. This recent increase in partnerships is expected to shape the competitive landscape of the market during the forecast period.

Leading vendors in the capacitive touchscreen market are: Nissha Printing, TPK, Wintek and Young Fast Optoelectronics. Other prominent vendors in the market are: AU Optronics, HannsTouch Solution, Innolux, Iljin Display, MELFAS, and Truly Semiconductors.

Further, the report states that the high cost of ITO involved in the production of capacitive touchscreens results in a high price for such screens, hindering the profits and revenue margins for the vendors.

Explore other new reports on Semiconductor and Electronics Market at http://www.reportsnreports.com/market-research/semiconductor-and-electronics/.

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