Touch Sensor Market
Touch sensors detect the presence of close objects or touch without relying on physical contact. It is more reliable and convenient to use as it does not comprise any moving parts such as a potentiometer or a mechanical switch. A touch sensor is one of the important components used in touchscreens along with a software driver and a controller integrated circuit.
With growing digital technology, increasing use of touch-enabled displays, and increasing demand for tablets and smartphones, the market is anticipated to grow.
A simple user interface and low response time enable its use in devices where space is at a premium. Touch sensors are completely sealable and create a device that is resistant to dust and water spills to a large extent. Such factors are likely to stimulate the market growth during the review period.
The rising adoption of touch-enabled devices in hospitality, retail, education, and healthcare is expected to push market growth. However, high power consumption and high production cost associated with touch sensors are anticipated to hinder market growth in the coming years.
Some of the major players in Global Touch Sensors Market include 3M, Honeywell, Infineon, ON semiconductor, Texas instruments, Atmel, Siemens, Fujitsu, Bean air and Banpil photonics among others.
The global touch sensor market has been segmented on the basis of type, application, and region.
- By mode of type, the global touch sensor market has been segmented into touchpads which have been further sub-segmented into linear or rotational sliders, rotary wheels, and others.
- By mode of application, the global touch sensor market has been segmented into portable media devices, cellular handsets, gaming controllers, home entertainment and appliances, and others. Among these, the cellular handsets dominate the global market and account for the largest market share during the assessment period. Growing popularity of phablets along with timely launch of upgraded smartphones are driving the global market during the review period.
- Geographically, the touch sensors market span across Asia Pacific, Europe, North America, and Rest-of-the-World (RoW). Among all the regions, Asia Pacific is estimated to dominate the global touch sensor market with the largest market share owing to the extensive availability of low-cost tablets and smartphones. Also, the emerging trend of using digital technology in countries such as India and China are likely to drive market growth in this region. North America is anticipated to be a highly attractive region for touch sensors due to the presence of consumer electronics manufacturers in this region.
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