DUBLIN, Sept. 13, 2018 /PRNewswire/ --
The "Global Touch Screen Switches Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.
Global touch screen switches market was valued at US$177.120 million in 2017 and is projected to expand at a CAGR of 9.83% over the forecast period to reach US$310.925 million by 2023.
Factors like rising disposable income, continuous technological advancement and rapid modernization of society drives the demand for smart consumer electronics which, in turn, is boosting the global touch screen switches market growth. In addition, the trend of integrating touchscreen in automobiles is further accelerating the market growth.
Rapid growth in IoT (Internet of Things) and expanding applications of touch screen switches provide numerous opportunities for the vendors to grow over the projected period. However, increasing price of raw materials and technical complications can be a potential threat to the market growth.
Geographically, Asia Pacific region is expected to drive the global market for touch screen switches owing to the presence of large number of electronic manufacturers in countries like Japan, Taiwan and China. Moreover, the rapid development in electronics industry and growing investments in this sector also impact the regional growth.
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Global Touch Screen Switches Market By Type
6. Global Touch Screen Switches Market By End User
7. Global Touch Screen Switches Market By Geography
8. Competitive Intelligence
9. Company Profiles
- Schneider Electric
- Anchor Electricals Pvt Ltd
- Honeywell International, Inc.
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SOURCE Research and Markets