Indian Touch Technology Market, Forecast to FY 2022

NEW YORK, Feb. 13, 2018 /PRNewswire/ -- Single Touch Capacitive and Surface Acoustic Wave (SAW) are the Most Widely Used Technologies

Read the full report: https://www.reportlinker.com/p05308206

Touch screens are increasing experiencing high uptake in India market. With the availability of touch panels that can integrate seamlessly with the existing systems, they have caught the imagination of the end-users. Higher penetration of technology in everyday life, rise of Gen-Y, decline in prices, availability of robust technology and rising demand in end-user segments – government, banks, retail, gaming among others are the primary reasons of foreseen growth.

Touch screen market is defined by 5 technologies (Resistive, Single Touch Capacitive, Multi-Touch Capacitive, SAW and Infrared) and screen sizes ranging from sub 15 inches to higher than 100 inches. Touch screens is predominantly an import driven market in India and can be categorized as organized and un-organized market. Organized segment constitutes 41.6% while the un-organized segment constitutes 58.4% of the total market. The un-organized segment comprises imports from China, Taiwan and Korea.

Within the organized segment of the market, the Indian touch technology market is relatively consolidated with the top 5 companies accounting for 90% of the organized segment. The most significant market participants in the organized segment are 3M, PQ Labs, Samsung, General Touch Technology and Elo Touch Solutions.

Indian Touch Technology market's size is INR 259.1 Million in FY17 growing at a CAGR of 15.2% to reach a size of INR 525.3 Million in FY22. Number of units sold are 27,125 in FY17 growing at a CAGR of 18.3% to reach 62,967 in FY22.

The market volume is likely to grow at the rate of 25.9% to reach 85,679 in FY22. Similarly, market value if likely to show a growth of 20.6% to reach a size of INR 661.1 Million in FY22. Retail segment will show the highest growth with a CAGR of 19.1%, followed by Banking segment with a CAGR of 14.9%. These two will be followed by Hospitality (14.8%), Railways & Metro (11.5%), Entertainment (11.3%) and Road Transport & Airport (9.9%).

Research Scope
The report describes the touch screen market from all dimensions thereby providing a holistic view enabling informed decisions for the existing and aspiring market participants. It covers the 5 technologies - Resistive, Single Touch Capacitive, Multi-Touch Capacitive, SAW and Infrared. Screen sizes covered are 15 inches and above and end-user segments covered are Banking, Retail, Railways & Metro, Hospitality, Entertainment, Road Transport & Airport and Others.

The fiscal year runs from April to March

Geographic coverage: India

Study period: FY 2017-FY 2022

Base year: FY 20167

Forecast period: FY 2018-FY 2022

Monetary Unit: INR

Read the full report: https://www.reportlinker.com/p05308206

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